STERADAK: 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.
STERADAK
Largest movements
- Cash +€240,689
up €240,689 (+320%), from €75,265 to €315,954
mainly Current investments (+€115,001) and Other debts (+€103,369)
- Current investments -€115,001
down €115,001 (-57.5%), from €200,000 to €84,999
- Tangible fixed assets -€19,508
down €19,508 (-23.3%), from €83,710 to €64,202
of which Furniture and vehicles: -€19,636
- Other debts +€103,369
up €103,369 (+1,968%), from €5,252 to €108,621
- Trade debts +€6,981
up €6,981 (+75.8%), from €9,204 to €16,185
- Reserves -€6,303
down €6,303 (-2.2%), from €285,426 to €279,123
of which Distributable reserves: -€6,303
- Gross operating margin +€56,311
up €56,311 (+36.2%), from €155,438 to €211,749
- Taxes +€15,553
up €15,553 (+65.1%), from €23,896 to €39,448
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 | €412,234 | €519,058 | +€106,824 | +25.9% |
| Fixed assets | 21/28 | €83,710 | €64,202 | -€19,508 | -23.3% |
| Tangible fixed assets | 22/27 | €83,710 | €64,202 | -€19,508 | -23.3% |
| Plant, machinery and equipment | 23 | €4,503 | €4,631 | +€128 | +2.8% |
| Furniture and vehicles | 24 | €79,207 | €59,571 | -€19,636 | -24.8% |
| Current assets | 29/58 | €328,524 | €454,856 | +€126,332 | +38.5% |
| Stocks and contracts in progress | 3 | €2,526 | €2,297 | -€229 | -9.1% |
| Stocks | 30/36 | €2,526 | €2,297 | -€229 | -9.1% |
| Amounts receivable within one year | 40/41 | €46,799 | €47,599 | +€800 | +1.7% |
| Trade receivables | 40 | €38,109 | €43,848 | +€5,740 | +15.1% |
| Other amounts receivable | 41 | €8,691 | €3,751 | -€4,940 | -56.8% |
| Current investments | 50/53 | €200,000 | €84,999 | -€115,001 | -57.5% |
| Cash at bank and in hand | 54/58 | €75,265 | €315,954 | +€240,689 | +320% |
| Deferred charges and accrued income | 490/1 | €3,934 | €4,007 | +€73 | +1.9% |
| Total equity and liabilities | 10/49 | €412,234 | €519,058 | +€106,824 | +25.9% |
| Equity | 10/15 | €383,412 | €376,537 | -€6,874 | -1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €285,426 | €279,123 | -€6,303 | -2.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €283,566 | €277,263 | -€6,303 | -2.2% |
| Profit (loss) carried forward | 14 | €79,386 | €78,815 | -€571 | -0.7% |
| Amounts payable | 17/49 | €28,823 | €142,521 | +€113,698 | +394% |
| Amounts payable within one year | 42/48 | €28,823 | €142,521 | +€113,698 | +394% |
| Trade debts | 44 | €9,204 | €16,185 | +€6,981 | +75.8% |
| Suppliers | 440/4 | €9,204 | €16,185 | +€6,981 | +75.8% |
| Taxes, remuneration and social security | 45 | €14,366 | €17,715 | +€3,349 | +23.3% |
| Taxes | 450/3 | €10,896 | €13,613 | +€2,717 | +24.9% |
| Remuneration and social security | 454/9 | €3,471 | €4,102 | +€632 | +18.2% |
| Other amounts payable | 47/48 | €5,252 | €108,621 | +€103,369 | +1,968% |
| Remuneration, social security and pensions | 62 | €46,901 | €46,155 | -€746 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,999 | €27,933 | +€934 | +3.5% |
| Other operating charges | 640/8 | €919 | €480 | -€439 | -47.8% |
| Gross operating margin | 9900 | €155,438 | €211,749 | +€56,311 | +36.2% |
| Operating profit (loss) | 9901 | €80,620 | €137,181 | +€56,561 | +70.2% |
| Financial income | 75/76B | €4,655 | €4,056 | -€599 | -12.9% |
| Recurring financial income | 75 | €4,655 | €4,056 | -€599 | -12.9% |
| Financial charges | 65/66B | €277 | - | -€277 | |
| Recurring financial charges | 65 | €277 | - | -€277 | |
| Profit (loss) for the period before taxes | 9903 | €84,997 | €141,237 | +€56,240 | +66.2% |
| Income taxes | 67/77 | €23,896 | €39,448 | +€15,553 | +65.1% |
| Profit (loss) for the period | 9904 | €61,102 | €101,789 | +€40,687 | +66.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,102 | €101,789 | +€40,687 | +66.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.