STELLA Transport: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
STELLA Transport
Largest movements
- Receivables within one year +€19,923
up €19,923 (+40.8%), from €48,778 to €68,701
of which Other amounts receivable: +€22,671
- Tangible fixed assets -€19,501
down €19,501 (-33.9%), from €57,539 to €38,037
of which Leasing and similar rights: -€16,413
- Cash -€18,451
down €18,451 (-80.4%), from €22,946 to €4,495
mainly Receivables within one year (-€19,923) and Debts after one year (-€15,076)
- Deferred charges and accrued income -€3,077
down €3,077 (-86.5%), from €3,556 to €479
- Debts after one year -€15,076
down €15,076 (-62.6%), from €24,072 to €8,996
- Tax, wage and social debts -€6,832
down €6,832 (-33.1%), from €20,650 to €13,817
- Profit (loss) carried forward +€6,359
up €6,359 (+15.1%), from €41,985 to €48,344
- Trade debts -€4,216
down €4,216 (-71.0%), from €5,937 to €1,722
- Gross operating margin -€13,668
down €13,668 (-21.4%), from €63,932 to €50,264
- Taxes -€1,866
down €1,866 (-39.3%), from €4,753 to €2,887
- Depreciation -€1,580
down €1,580 (-7.1%), from €22,405 to €20,825
- Other operating charges -€1,047
down €1,047 (-5.3%), from €19,678 to €18,630
- Financial charges -€641
down €641 (-28.8%), from €2,231 to €1,589
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,819 | €111,713 | -€21,106 | -15.9% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €57,539 | €38,037 | -€19,501 | -33.9% |
| Tangible fixed assets | 22/27 | €57,539 | €38,037 | -€19,501 | -33.9% |
| Furniture and vehicles | 24 | €14,325 | €11,237 | -€3,088 | -21.6% |
| Leasing and similar rights | 25 | €43,213 | €26,800 | -€16,413 | -38.0% |
| Current assets | 29/58 | €75,280 | €73,676 | -€1,604 | -2.1% |
| Amounts receivable within one year | 40/41 | €48,778 | €68,701 | +€19,923 | +40.8% |
| Trade receivables | 40 | €33,982 | €31,234 | -€2,748 | -8.1% |
| Other amounts receivable | 41 | €14,796 | €37,468 | +€22,671 | +153% |
| Cash at bank and in hand | 54/58 | €22,946 | €4,495 | -€18,451 | -80.4% |
| Deferred charges and accrued income | 490/1 | €3,556 | €479 | -€3,077 | -86.5% |
| Total equity and liabilities | 10/49 | €132,819 | €111,713 | -€21,106 | -15.9% |
| Equity | 10/15 | €62,445 | €68,804 | +€6,359 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,985 | €48,344 | +€6,359 | +15.1% |
| Amounts payable | 17/49 | €70,373 | €42,909 | -€27,464 | -39.0% |
| Amounts payable after more than one year | 17 | €24,072 | €8,996 | -€15,076 | -62.6% |
| Financial debts | 170/4 | €24,072 | €8,996 | -€15,076 | -62.6% |
| Amounts payable within one year | 42/48 | €46,301 | €33,913 | -€12,388 | -26.8% |
| Current portion of amounts payable after more than one year | 42 | €15,732 | €15,076 | -€655 | -4.2% |
| Financial debts | 43 | €3,982 | €3,298 | -€685 | -17.2% |
| Credit institutions | 430/8 | €3,982 | €3,298 | -€685 | -17.2% |
| Trade debts | 44 | €5,937 | €1,722 | -€4,216 | -71.0% |
| Suppliers | 440/4 | €5,937 | €1,722 | -€4,216 | -71.0% |
| Taxes, remuneration and social security | 45 | €20,650 | €13,817 | -€6,832 | -33.1% |
| Taxes | 450/3 | €20,650 | €13,817 | -€6,832 | -33.1% |
| Non-recurring operating income | 76A | €14,435 | €0 | -€14,435 | -100% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,405 | €20,825 | -€1,580 | -7.1% |
| Other operating charges | 640/8 | €19,678 | €18,630 | -€1,047 | -5.3% |
| Gross operating margin | 9900 | €63,932 | €50,264 | -€13,668 | -21.4% |
| Operating profit (loss) | 9901 | €21,850 | €10,809 | -€11,041 | -50.5% |
| Financial income | 75/76B | €0 | €26 | +€26 | +264,000% |
| Recurring financial income | 75 | €0 | €26 | +€26 | +264,000% |
| Financial charges | 65/66B | €2,231 | €1,589 | -€641 | -28.8% |
| Recurring financial charges | 65 | €2,231 | €1,589 | -€641 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €19,619 | €9,246 | -€10,373 | -52.9% |
| Income taxes | 67/77 | €4,753 | €2,887 | -€1,866 | -39.3% |
| Profit (loss) for the period | 9904 | €14,865 | €6,359 | -€8,507 | -57.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,865 | €6,359 | -€8,507 | -57.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.