STERCK: what changed
What changed
STERCK
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€656,572
2024 · €611,159+€45,413
Equity
€7.0m
2024 · €6.4m+€656,572
Cash
€1.0m
2024 · €673,557+€338,062
Balance sheet total
€9.3m
2024 · €8.6m+€691,049
Largest movements
Assets
- Current investments +€500,000
up €500,000 (+71.4%), from €700,000 to €1.2m
- Cash +€338,062
up €338,062 (+50.2%), from €673,557 to €1.0m
mainly Net result for the year (+€656,572) and Stocks and contracts (+€267,418)
- Stocks and contracts -€267,418
down €267,418 (-5.6%), from €4.8m to €4.5m
- Receivables within one year +€168,579
up €168,579 (+8.3%), from €2.0m to €2.2m
of which Trade receivables: +€115,707
Equity and liabilities
- Reserves +€656,572
up €656,572 (+10.7%), from €6.1m to €6.8m
of which Distributable reserves: +€1.1m
- Tax, wage and social debts +€175,604
up €175,604 (+37.4%), from €469,629 to €645,233
of which Taxes: +€89,153
- Other debts -€100,000
down €100,000 (-10.1%), from €990,306 to €890,306
Income statement
- Turnover -€423,834
down €423,834 (-2.8%), from €14.9m to €14.5m
- Services and other goods +€243,502
up €243,502 (+17.6%), from €1.4m to €1.6m
- Goods and materials -€161,400
down €161,400 (-1.5%), from €10.6m to €10.5m
of which Purchases: -€162,467
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€611,159
Turnover
-€423,834
Other operating income
-€43,582
Goods and materials
+€161,400
Services and other goods
-€243,502
Staff costs
-€120,839
Depreciation
+€33,035
Other operating charges
-€4,773
Other operating items
+€854,725
Financial income
-€10,745
Financial charges
-€105,127
Taxes
-€51,346
Result 2025
€656,572
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€889,377
Investment
-€571,209
Financing
+€19,894
Cash 2024
€673,557
From operations (derived)
+€889,377
Net result for the year
+€656,572
Depreciation
+€122,646
Stocks and contracts
+€267,418
Receivables within one year
-€168,579
Deferred charges and accrued income
-€3,262
Trade debts
-€72,499
Tax, wage and social debts
+€175,604
Advances received
+€11,477
Other debts
-€100,000
Investment (derived)
-€571,209
Investment in fixed assets (net)
-€71,209
Current investments
-€500,000
Financing
+€19,894
Short-term financial debts
+€19,894
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,572,026 | €9,263,075 | +€691,049 | +8.1% |
| Fixed assets | 21/28 | €388,758 | €337,321 | -€51,437 | -13.2% |
| Intangible fixed assets | 21 | €194,474 | €127,229 | -€67,245 | -34.6% |
| Tangible fixed assets | 22/27 | €191,284 | €207,092 | +€15,808 | +8.3% |
| Land and buildings | 22 | €74,368 | €20,987 | -€53,381 | -71.8% |
| Plant, machinery and equipment | 23 | €31,882 | €42,474 | +€10,592 | +33.2% |
| Furniture and vehicles | 24 | €74,956 | €134,780 | +€59,825 | +79.8% |
| Other tangible fixed assets | 26 | €10,079 | €8,851 | -€1,227 | -12.2% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Companies linked by participating interests | 282/3 | €3,000 | €3,000 | = | 0.0% |
| Participating interests | 282 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €8,183,268 | €8,925,754 | +€742,486 | +9.1% |
| Stocks and contracts in progress | 3 | €4,757,479 | €4,490,061 | -€267,418 | -5.6% |
| Stocks | 30/36 | €4,757,479 | €4,490,061 | -€267,418 | -5.6% |
| Work in progress | 32 | €396,779 | €242,243 | -€154,536 | -38.9% |
| Goods purchased for resale | 34 | €4,360,699 | €4,247,818 | -€112,881 | -2.6% |
| Amounts receivable within one year | 40/41 | €2,042,842 | €2,211,420 | +€168,579 | +8.3% |
| Trade receivables | 40 | €1,913,322 | €2,029,029 | +€115,707 | +6.0% |
| Other amounts receivable | 41 | €129,519 | €182,391 | +€52,872 | +40.8% |
| Current investments | 50/53 | €700,000 | €1,200,000 | +€500,000 | +71.4% |
| Other investments | 51/53 | €700,000 | €1,200,000 | +€500,000 | +71.4% |
| Cash at bank and in hand | 54/58 | €673,557 | €1,011,620 | +€338,062 | +50.2% |
| Deferred charges and accrued income | 490/1 | €9,390 | €12,653 | +€3,262 | +34.7% |
| Total equity and liabilities | 10/49 | €8,572,026 | €9,263,075 | +€691,049 | +8.1% |
| Equity | 10/15 | €6,374,434 | €7,031,006 | +€656,572 | +10.3% |
| Contributions | 10/11 | €238,400 | €238,400 | = | 0.0% |
| Capital | 10 | €238,400 | €238,400 | = | 0.0% |
| Issued capital | 100 | €238,400 | €238,400 | = | 0.0% |
| Reserves | 13 | €6,136,034 | €6,792,606 | +€656,572 | +10.7% |
| Non-distributable reserves | 130/1 | €23,840 | €23,840 | = | 0.0% |
| Legal reserve | 130 | €23,840 | €23,840 | = | 0.0% |
| Tax-exempt reserves | 132 | €458,500 | €37,500 | -€421,000 | -91.8% |
| Distributable reserves | 133 | €5,653,694 | €6,731,266 | +€1.1m | +19.1% |
| Amounts payable | 17/49 | €2,197,592 | €2,232,069 | +€34,476 | +1.6% |
| Amounts payable within one year | 42/48 | €2,197,592 | €2,232,069 | +€34,476 | +1.6% |
| Financial debts | 43 | €84,459 | €104,353 | +€19,894 | +23.6% |
| Credit institutions | 430/8 | €84,459 | €104,353 | +€19,894 | +23.6% |
| Trade debts | 44 | €622,350 | €549,851 | -€72,499 | -11.6% |
| Suppliers | 440/4 | €622,350 | €549,851 | -€72,499 | -11.6% |
| Advances received on contracts in progress | 46 | €30,849 | €42,326 | +€11,477 | +37.2% |
| Taxes, remuneration and social security | 45 | €469,629 | €645,233 | +€175,604 | +37.4% |
| Taxes | 450/3 | €123,058 | €212,211 | +€89,153 | +72.4% |
| Remuneration and social security | 454/9 | €346,571 | €433,022 | +€86,451 | +24.9% |
| Other amounts payable | 47/48 | €990,306 | €890,306 | -€100,000 | -10.1% |
| Operating income | 70/76A | €14,960,557 | €15,347,866 | +€387,309 | +2.6% |
| Turnover | 70 | €14,908,867 | €14,485,034 | -€423,834 | -2.8% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€261,740 | -€154,536 | +€107,203 | +41.0% |
| Other operating income | 74 | €312,857 | €269,275 | -€43,582 | -13.9% |
| Non-recurring operating income | 76A | €573 | €748,094 | +€747,522 | +130,560% |
| Operating charges | 60/66A | €14,483,218 | €14,657,896 | +€174,678 | +1.2% |
| Goods for resale, raw materials and consumables | 60 | €10,638,380 | €10,476,980 | -€161,400 | -1.5% |
| Purchases | 600/8 | €10,526,566 | €10,364,099 | -€162,467 | -1.5% |
| Change in stocks: decrease (increase) | 609 | €111,814 | €112,881 | +€1,067 | +1.0% |
| Services and other goods | 61 | €1,385,624 | €1,629,127 | +€243,502 | +17.6% |
| Remuneration, social security and pensions | 62 | €2,216,564 | €2,337,403 | +€120,839 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €155,682 | €122,646 | -€33,035 | -21.2% |
| Other operating charges | 640/8 | €86,968 | €91,741 | +€4,773 | +5.5% |
| Operating profit (loss) | 9901 | €477,339 | €689,970 | +€212,632 | +44.5% |
| Financial income | 75/76B | €277,597 | €266,852 | -€10,745 | -3.9% |
| Recurring financial income | 75 | €277,597 | €266,852 | -€10,745 | -3.9% |
| Income from current assets | 751 | €32,480 | €23,581 | -€8,899 | -27.4% |
| Other financial income | 752/9 | €245,117 | €243,270 | -€1,847 | -0.8% |
| Financial charges | 65/66B | -€40,641 | €64,486 | +€105,127 | |
| Recurring financial charges | 65 | -€40,641 | €64,486 | +€105,127 | |
| Debt charges | 650 | €4,804 | €5,070 | +€266 | +5.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | -€134,498 | €0 | +€134,498 | |
| Other financial charges | 652/9 | €89,053 | €59,416 | -€29,637 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | €795,577 | €892,336 | +€96,759 | +12.2% |
| Income taxes | 67/77 | €184,418 | €235,763 | +€51,346 | +27.8% |
| Taxes | 670/3 | €184,418 | €235,763 | +€51,346 | +27.8% |
| Profit (loss) for the period | 9904 | €611,159 | €656,572 | +€45,413 | +7.4% |
| Transfer from tax-exempt reserves | 789 | €477,040 | €421,000 | -€56,040 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,088,199 | €1,077,572 | -€10,627 | -1.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.