STERCKIN: 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.
STERCKIN
Largest movements
- Cash +€17,194
up €17,194 (+12.7%), from €135,273 to €152,467
mainly Net result for the year (+€24,605) and Depreciation (+€15,512)
- Tangible fixed assets -€13,773
down €13,773 (-23.6%), from €58,372 to €44,598
of which Furniture and vehicles: -€14,581
- Receivables within one year -€10,674
down €10,674 (-40.7%), from €26,213 to €15,539
of which Trade receivables: -€26,144
- Reserves +€24,605
up €24,605 (+14.4%), from €171,160 to €195,765
- Trade debts -€18,173
down €18,173 (-97.3%), from €18,675 to €502
- Tax, wage and social debts -€14,394
no longer reported in 2025 (was €14,394)
- Gross operating margin -€42,616
down €42,616 (-45.5%), from €93,667 to €51,052
- Taxes -€11,943
down €11,943 (-51.1%), from €23,359 to €11,416
- Financial income +€993
new in 2025: €993
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 | €223,051 | €215,733 | -€7,318 | -3.3% |
| Fixed assets | 21/28 | €59,372 | €45,598 | -€13,773 | -23.2% |
| Tangible fixed assets | 22/27 | €58,372 | €44,598 | -€13,773 | -23.6% |
| Plant, machinery and equipment | 23 | €2,604 | €3,412 | +€807 | +31.0% |
| Furniture and vehicles | 24 | €55,767 | €41,187 | -€14,581 | -26.1% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €163,679 | €170,134 | +€6,455 | +3.9% |
| Amounts receivable within one year | 40/41 | €26,213 | €15,539 | -€10,674 | -40.7% |
| Trade receivables | 40 | €26,213 | €69 | -€26,144 | -99.7% |
| Other amounts receivable | 41 | - | €15,471 | +€15,471 | |
| Cash at bank and in hand | 54/58 | €135,273 | €152,467 | +€17,194 | +12.7% |
| Deferred charges and accrued income | 490/1 | €2,193 | €2,128 | -€65 | -3.0% |
| Total equity and liabilities | 10/49 | €223,051 | €215,733 | -€7,318 | -3.3% |
| Equity | 10/15 | €189,813 | €214,418 | +€24,605 | +13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €171,160 | €195,765 | +€24,605 | +14.4% |
| Distributable reserves | 133 | €171,160 | €195,765 | +€24,605 | +14.4% |
| Profit (loss) carried forward | 14 | €53 | €53 | = | 0.0% |
| Amounts payable | 17/49 | €33,237 | €1,315 | -€31,923 | -96.0% |
| Amounts payable within one year | 42/48 | €33,237 | €1,315 | -€31,923 | -96.0% |
| Trade debts | 44 | €18,675 | €502 | -€18,173 | -97.3% |
| Suppliers | 440/4 | €18,675 | €502 | -€18,173 | -97.3% |
| Taxes, remuneration and social security | 45 | €14,394 | - | -€14,394 | |
| Taxes | 450/3 | €14,394 | - | -€14,394 | |
| Other amounts payable | 47/48 | €169 | €813 | +€644 | +381% |
| Non-recurring operating income | 76A | €606 | - | -€606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,100 | €15,512 | +€412 | +2.7% |
| Other operating charges | 640/8 | €175 | €393 | +€218 | +125% |
| Gross operating margin | 9900 | €93,667 | €51,052 | -€42,616 | -45.5% |
| Operating profit (loss) | 9901 | €78,393 | €35,147 | -€43,246 | -55.2% |
| Financial income | 75/76B | - | €993 | +€993 | |
| Recurring financial income | 75 | - | €993 | +€993 | |
| Financial charges | 65/66B | €123 | €119 | -€4 | -3.4% |
| Recurring financial charges | 65 | €123 | €119 | -€4 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €78,269 | €36,021 | -€42,249 | -54.0% |
| Income taxes | 67/77 | €23,359 | €11,416 | -€11,943 | -51.1% |
| Profit (loss) for the period | 9904 | €54,911 | €24,605 | -€30,306 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,911 | €24,605 | -€30,306 | -55.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.