STERAMED: 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.
What changed
STERAMED
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€63,298
2024 · €191,918-€128,620
Equity
€710,308
2024 · €647,010+€63,298
Cash
€52,329
2024 · €53,451-€1,123
Balance sheet total
€5.3m
2024 · €5.4m-€46,536
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€272,703
down €272,703 (-6.8%), from €4.0m to €3.7m
of which Financial debts: -€275,703
- Other debts +€145,156
up €145,156 (+36.2%), from €400,866 to €546,022
- Reserves +€63,298
up €63,298 (+13.0%), from €487,364 to €550,662
of which Distributable reserves: +€43,090
Income statement
- Gross operating margin -€124,626
down €124,626 (-21.9%), from €568,241 to €443,615
- Other operating charges -€15,112
down €15,112 (-10.8%), from €140,531 to €125,419
- Financial charges +€9,208
up €9,208 (+10.9%), from €84,856 to €94,064
- Taxes +€9,155
up €9,155 (+1,503%), from €609 to €9,764
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.
Result 2024
€191,918
Gross operating margin
-€124,626
Depreciation
-€3,440
Write-downs
+€2,802
Other operating charges
+€15,112
Financial income
-€106
Financial charges
-€9,208
Taxes
-€9,155
Result 2025
€63,298
raises the resultlowers the result
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.
From operations
+€371,201
Investment
-€105,044
Financing
-€267,280
Cash 2024
€53,451
From operations (derived)
+€371,201
Net result for the year
+€63,298
Depreciation
+€151,341
Receivables within one year
+€6,954
Deferred charges and accrued income
-€7,838
Trade debts
-€325
Tax, wage and social debts
-€1,318
Advances received
+€9,397
Other debts
+€145,156
Accrued charges and deferred income
+€4,535
Investment (derived)
-€105,044
Investment in fixed assets (net)
-€105,044
Financing
-€267,280
Debts after one year
-€272,703
Current portion of long-term debt
+€5,423
Cash 2025
€52,329
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,383,286 | €5,336,749 | -€46,536 | -0.9% |
| Fixed assets | 21/28 | €5,291,400 | €5,245,103 | -€46,297 | -0.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,266,508 | €5,216,967 | -€49,541 | -0.9% |
| Land and buildings | 22 | €5,261,464 | €5,197,197 | -€64,267 | -1.2% |
| Plant, machinery and equipment | 23 | €3,146 | €2,006 | -€1,140 | -36.2% |
| Furniture and vehicles | 24 | €1,898 | €17,764 | +€15,866 | +836% |
| Financial fixed assets | 28 | €24,892 | €28,136 | +€3,243 | +13.0% |
| Current assets | 29/58 | €91,886 | €91,647 | -€239 | -0.3% |
| Amounts receivable within one year | 40/41 | €22,165 | €15,211 | -€6,954 | -31.4% |
| Trade receivables | 40 | €15,690 | €3,779 | -€11,911 | -75.9% |
| Other amounts receivable | 41 | €6,475 | €11,432 | +€4,957 | +76.6% |
| Cash at bank and in hand | 54/58 | €53,451 | €52,329 | -€1,123 | -2.1% |
| Deferred charges and accrued income | 490/1 | €16,269 | €24,107 | +€7,838 | +48.2% |
| Total equity and liabilities | 10/49 | €5,383,286 | €5,336,749 | -€46,536 | -0.9% |
| Equity | 10/15 | €647,010 | €710,308 | +€63,298 | +9.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €141,096 | €141,096 | = | 0.0% |
| Reserves | 13 | €487,364 | €550,662 | +€63,298 | +13.0% |
| Tax-exempt reserves | 132 | €0 | €20,208 | +€20,208 | |
| Distributable reserves | 133 | €487,364 | €530,454 | +€43,090 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,736,276 | €4,626,442 | -€109,834 | -2.3% |
| Amounts payable after more than one year | 17 | €4,002,756 | €3,730,053 | -€272,703 | -6.8% |
| Financial debts | 170/4 | €3,935,250 | €3,659,547 | -€275,703 | -7.0% |
| Other amounts payable | 178/9 | €67,506 | €70,506 | +€3,000 | +4.4% |
| Amounts payable within one year | 42/48 | €708,929 | €867,262 | +€158,333 | +22.3% |
| Current portion of amounts payable after more than one year | 42 | €270,280 | €275,703 | +€5,423 | +2.0% |
| Trade debts | 44 | €3,192 | €2,867 | -€325 | -10.2% |
| Suppliers | 440/4 | €3,192 | €2,867 | -€325 | -10.2% |
| Advances received on contracts in progress | 46 | €21,899 | €31,296 | +€9,397 | +42.9% |
| Taxes, remuneration and social security | 45 | €12,692 | €11,374 | -€1,318 | -10.4% |
| Taxes | 450/3 | €10,560 | €11,195 | +€635 | +6.0% |
| Remuneration and social security | 454/9 | €2,132 | €179 | -€1,953 | -91.6% |
| Other amounts payable | 47/48 | €400,866 | €546,022 | +€145,156 | +36.2% |
| Accrued charges and deferred income | 492/3 | €24,591 | €29,127 | +€4,535 | +18.4% |
| Non-recurring operating income | 76A | €95,663 | €0 | -€95,663 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147,901 | €151,341 | +€3,440 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,802 | €0 | -€2,802 | -100% |
| Other operating charges | 640/8 | €140,531 | €125,419 | -€15,112 | -10.8% |
| Gross operating margin | 9900 | €568,241 | €443,615 | -€124,626 | -21.9% |
| Operating profit (loss) | 9901 | €277,006 | €166,855 | -€110,151 | -39.8% |
| Financial income | 75/76B | €377 | €271 | -€106 | -28.0% |
| Recurring financial income | 75 | €377 | €271 | -€106 | -28.0% |
| Financial charges | 65/66B | €84,856 | €94,064 | +€9,208 | +10.9% |
| Recurring financial charges | 65 | €84,856 | €94,064 | +€9,208 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €192,527 | €73,062 | -€119,465 | -62.1% |
| Income taxes | 67/77 | €609 | €9,764 | +€9,155 | +1,503% |
| Profit (loss) for the period | 9904 | €191,918 | €63,298 | -€128,620 | -67.0% |
| Transfer from tax-exempt reserves | 789 | €165 | €0 | -€165 | -100% |
| Transfer to tax-exempt reserves | 689 | - | €20,208 | +€20,208 | |
| Profit (loss) for the period to be appropriated | 9905 | €192,083 | €43,090 | -€148,993 | -77.6% |
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 18 October 2026 via checked.be.