STENSTROM CONSULTING: 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.
STENSTROM CONSULTING
Largest movements
- Receivables within one year +€229,220
up €229,220 (+209%), from €109,757 to €338,977
of which Trade receivables: +€180,335
- Cash -€40,399
down €40,399 (-18.2%), from €222,396 to €181,997
mainly Receivables within one year (-€229,220) and Short-term financial debts (-€52,756)
- Tangible fixed assets -€24,376
down €24,376 (-11.7%), from €208,616 to €184,240
of which Furniture and vehicles: -€17,613
- Other debts +€106,740
up €106,740 (+1,292%), from €8,260 to €115,000
- Profit (loss) carried forward +€102,305
up €102,305 (+31.7%), from €323,203 to €425,508
- Short-term financial debts -€52,756
no longer reported in 2025 (was €52,756)
- Tax, wage and social debts +€25,329
up €25,329 (+377%), from €6,717 to €32,046
of which Taxes: +€25,329
- Debts after one year -€14,246
down €14,246 (-13.3%), from €107,408 to €93,162
- Purchases and services +€55,836
new in 2025: €55,836
- Gross operating margin +€46,297
up €46,297 (+26.8%), from €172,829 to €219,126
- Taxes +€20,673
up €20,673 (+58.6%), from €35,288 to €55,961
- Financial charges -€3,449
down €3,449 (-33.9%), from €10,172 to €6,723
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €547,990 | €713,892 | +€165,902 | +30.3% |
| Fixed assets | 21/28 | €212,516 | €192,918 | -€19,598 | -9.2% |
| Tangible fixed assets | 22/27 | €208,616 | €184,240 | -€24,376 | -11.7% |
| Land and buildings | 22 | €159,094 | €154,004 | -€5,090 | -3.2% |
| Plant, machinery and equipment | 23 | €3,119 | €1,446 | -€1,673 | -53.6% |
| Furniture and vehicles | 24 | €46,403 | €28,790 | -€17,613 | -38.0% |
| Financial fixed assets | 28 | €3,900 | €8,678 | +€4,778 | +123% |
| Current assets | 29/58 | €335,474 | €520,974 | +€185,500 | +55.3% |
| Amounts receivable within one year | 40/41 | €109,757 | €338,977 | +€229,220 | +209% |
| Trade receivables | 40 | €69,457 | €249,792 | +€180,335 | +260% |
| Other amounts receivable | 41 | €40,300 | €89,185 | +€48,885 | +121% |
| Cash at bank and in hand | 54/58 | €222,396 | €181,997 | -€40,399 | -18.2% |
| Deferred charges and accrued income | 490/1 | €3,321 | €0 | -€3,321 | -100% |
| Total equity and liabilities | 10/49 | €547,990 | €713,892 | +€165,902 | +30.3% |
| Equity | 10/15 | €331,258 | €433,563 | +€102,305 | +30.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Legal reserve | 130 | - | €1,855 | +€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Profit (loss) carried forward | 14 | €323,203 | €425,508 | +€102,305 | +31.7% |
| Amounts payable | 17/49 | €216,732 | €280,329 | +€63,597 | +29.3% |
| Amounts payable after more than one year | 17 | €107,408 | €93,162 | -€14,246 | -13.3% |
| Financial debts | 170/4 | €107,408 | €93,162 | -€14,246 | -13.3% |
| Amounts payable within one year | 42/48 | €109,324 | €187,167 | +€77,843 | +71.2% |
| Current portion of amounts payable after more than one year | 42 | €30,479 | €37,613 | +€7,134 | +23.4% |
| Financial debts | 43 | €52,756 | - | -€52,756 | |
| Other loans | 439 | €52,756 | - | -€52,756 | |
| Trade debts | 44 | €11,112 | €2,508 | -€8,604 | -77.4% |
| Suppliers | 440/4 | €11,112 | €2,508 | -€8,604 | -77.4% |
| Taxes, remuneration and social security | 45 | €6,717 | €32,046 | +€25,329 | +377% |
| Taxes | 450/3 | - | €25,329 | +€25,329 | |
| Remuneration and social security | 454/9 | €6,717 | €6,717 | = | 0.0% |
| Other amounts payable | 47/48 | €8,260 | €115,000 | +€106,740 | +1,292% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €55,836 | +€55,836 | |
| Remuneration, social security and pensions | 62 | €12,000 | €12,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,008 | €24,377 | -€631 | -2.5% |
| Other operating charges | 640/8 | €2,820 | €4,182 | +€1,362 | +48.3% |
| Gross operating margin | 9900 | €172,829 | €219,126 | +€46,297 | +26.8% |
| Operating profit (loss) | 9901 | €133,001 | €178,567 | +€45,566 | +34.3% |
| Financial income | 75/76B | €275 | €2 | -€273 | -99.3% |
| Recurring financial income | 75 | €275 | €2 | -€273 | -99.3% |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €10,172 | €6,723 | -€3,449 | -33.9% |
| Recurring financial charges | 65 | €10,172 | €6,723 | -€3,449 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €123,104 | €171,846 | +€48,742 | +39.6% |
| Income taxes | 67/77 | €35,288 | €55,961 | +€20,673 | +58.6% |
| Profit (loss) for the period | 9904 | €87,816 | €115,885 | +€28,069 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,816 | €115,885 | +€28,069 | +32.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.