STENTO: what changed
Two fiscal 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.
STENTO
Largest movements
- Receivables within one year +€64,698
up €64,698 (+29.1%), from €222,486 to €287,184
of which Other amounts receivable: +€56,016
- Cash +€8,267
up €8,267 (+266.9%), from €3,097 to €11,364
mainly Net result for the year (+€55,531) and Tax, wage and social debts (+€9,498)
- Reserves +€55,531
up €55,531 (+31.8%), from €174,699 to €230,229
of which Distributable reserves: +€55,531
- Tax, wage and social debts +€9,498
up €9,498 (+26.0%), from €36,463 to €45,960
of which Taxes: +€9,468
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Staff costs -€15,812
down €15,812 (-95.4%), from €16,583 to €771
- Gross operating margin +€14,940
up €14,940 (+21.5%), from €69,646 to €84,586
- Taxes +€6,681
up €6,681 (+64.8%), from €10,311 to €16,993
- Financial charges +€4,493
up €4,493 (+190.9%), from €2,354 to €6,847
- Other operating charges -€2,394
down €2,394 (-47.7%), from €5,018 to €2,624
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.
Cash bridge derived
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 | €230,524 | €301,669 | +€71,144 | +30.9% |
| Fixed assets | 21/28 | €4,942 | €3,121 | -€1,821 | -36.9% |
| Tangible fixed assets | 22/27 | €4,942 | €3,121 | -€1,821 | -36.9% |
| Plant, machinery and equipment | 23 | €121 | - | -€121 | |
| Furniture and vehicles | 24 | €4,821 | €3,121 | -€1,700 | -35.3% |
| Current assets | 29/58 | €225,583 | €298,548 | +€72,966 | +32.3% |
| Amounts receivable within one year | 40/41 | €222,486 | €287,184 | +€64,698 | +29.1% |
| Trade receivables | 40 | €10,160 | €18,842 | +€8,682 | +85.5% |
| Other amounts receivable | 41 | €212,326 | €268,342 | +€56,016 | +26.4% |
| Cash at bank and in hand | 54/58 | €3,097 | €11,364 | +€8,267 | +266.9% |
| Total equity and liabilities | 10/49 | €230,524 | €301,669 | +€71,144 | +30.9% |
| Equity | 10/15 | €187,099 | €248,829 | +€61,731 | +33.0% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €174,699 | €230,229 | +€55,531 | +31.8% |
| Non-distributable reserves | 130/1 | €797 | €797 | = | 0.0% |
| Reserves not available under the articles | 1311 | €797 | €797 | = | 0.0% |
| Distributable reserves | 133 | €173,902 | €229,433 | +€55,531 | +31.9% |
| Amounts payable | 17/49 | €43,426 | €52,839 | +€9,414 | +21.7% |
| Amounts payable within one year | 42/48 | €43,426 | €52,839 | +€9,414 | +21.7% |
| Trade debts | 44 | €6,963 | €6,879 | -€84 | -1.2% |
| Suppliers | 440/4 | €6,963 | €6,879 | -€84 | -1.2% |
| Taxes, remuneration and social security | 45 | €36,463 | €45,960 | +€9,498 | +26.0% |
| Taxes | 450/3 | €34,027 | €43,495 | +€9,468 | +27.8% |
| Remuneration and social security | 454/9 | €2,436 | €2,466 | +€30 | +1.2% |
| Remuneration, social security and pensions | 62 | €16,583 | €771 | -€15,812 | -95.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,259 | €1,821 | -€438 | -19.4% |
| Other operating charges | 640/8 | €5,018 | €2,624 | -€2,394 | -47.7% |
| Gross operating margin | 9900 | €69,646 | €84,586 | +€14,940 | +21.5% |
| Operating profit (loss) | 9901 | €45,786 | €79,370 | +€33,584 | +73.4% |
| Financial income | 75/76B | €45 | €1 | -€44 | -98.8% |
| Recurring financial income | 75 | €45 | €1 | -€44 | -98.8% |
| Financial charges | 65/66B | €2,354 | €6,847 | +€4,493 | +190.9% |
| Recurring financial charges | 65 | €2,354 | €6,847 | +€4,493 | +190.9% |
| Profit (loss) for the period before taxes | 9903 | €43,477 | €72,523 | +€29,046 | +66.8% |
| Income taxes | 67/77 | €10,311 | €16,993 | +€6,681 | +64.8% |
| Profit (loss) for the period | 9904 | €33,166 | €55,531 | +€22,365 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,166 | €55,531 | +€22,365 | +67.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.