STERCKX: 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.
STERCKX
Largest movements
- Tangible fixed assets +€18,356
up €18,356 (+271.3%), from €6,767 to €25,123
- Cash +€12,553
up €12,553 (+15.1%), from €83,050 to €95,603
mainly Debts after one year (+€17,542) and Receivables within one year (+€9,820)
- Receivables within one year -€9,820
down €9,820 (-79.8%), from €12,312 to €2,492
- Debts after one year +€17,542
new in 2025: €17,542
- Reserves -€13,772
down €13,772 (-15.1%), from €91,024 to €77,252
- Current portion of long-term debt +€7,708
up €7,708 (+664.5%), from €1,160 to €8,868
- Other debts +€6,977
new in 2025: €6,977
- Tax, wage and social debts +€1,430
up €1,430 (+402.0%), from €356 to €1,785
of which Remuneration and social security: +€1,785
- Gross operating margin +€8,275
up €8,275 (+3663.2%), from €226 to €8,501
- Depreciation +€1,681
up €1,681 (+33.9%), from €4,963 to €6,644
- Financial income -€1,016
no longer reported in 2025 (was €1,016)
- Financial charges +€342
up €342 (+242.2%), from €141 to €483
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 | €102,129 | €123,217 | +€21,089 | +20.6% |
| Fixed assets | 21/28 | €6,767 | €25,123 | +€18,356 | +271.3% |
| Tangible fixed assets | 22/27 | €6,767 | €25,123 | +€18,356 | +271.3% |
| Furniture and vehicles | 24 | €6,767 | €25,123 | +€18,356 | +271.3% |
| Current assets | 29/58 | €95,362 | €98,095 | +€2,732 | +2.9% |
| Amounts receivable within one year | 40/41 | €12,312 | €2,492 | -€9,820 | -79.8% |
| Other amounts receivable | 41 | €12,312 | €2,492 | -€9,820 | -79.8% |
| Cash at bank and in hand | 54/58 | €83,050 | €95,603 | +€12,553 | +15.1% |
| Total equity and liabilities | 10/49 | €102,129 | €123,217 | +€21,089 | +20.6% |
| Equity | 10/15 | €98,461 | €84,689 | -€13,772 | -14.0% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €91,024 | €77,252 | -€13,772 | -15.1% |
| Distributable reserves | 133 | €91,024 | €77,252 | -€13,772 | -15.1% |
| Amounts payable | 17/49 | €3,668 | €38,529 | +€34,860 | +950.3% |
| Amounts payable after more than one year | 17 | - | €17,542 | +€17,542 | |
| Financial debts | 170/4 | - | €17,542 | +€17,542 | |
| Amounts payable within one year | 42/48 | €3,668 | €20,987 | +€17,319 | +472.1% |
| Current portion of amounts payable after more than one year | 42 | €1,160 | €8,868 | +€7,708 | +664.5% |
| Trade debts | 44 | €2,153 | €3,357 | +€1,204 | +55.9% |
| Suppliers | 440/4 | €2,153 | €3,357 | +€1,204 | +55.9% |
| Taxes, remuneration and social security | 45 | €356 | €1,785 | +€1,430 | +402.0% |
| Taxes | 450/3 | €356 | - | -€356 | |
| Remuneration and social security | 454/9 | - | €1,785 | +€1,785 | |
| Other amounts payable | 47/48 | - | €6,977 | +€6,977 | |
| Non-recurring operating income | 76A | €700 | €3,713 | +€3,013 | +430.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,963 | €6,644 | +€1,681 | +33.9% |
| Other operating charges | 640/8 | €1,002 | €929 | -€72 | -7.2% |
| Gross operating margin | 9900 | €226 | €8,501 | +€8,275 | +3663.2% |
| Operating profit (loss) | 9901 | -€5,738 | €928 | +€6,666 | |
| Financial income | 75/76B | €1,016 | - | -€1,016 | |
| Recurring financial income | 75 | €1,016 | - | -€1,016 | |
| Financial charges | 65/66B | €141 | €483 | +€342 | +242.2% |
| Recurring financial charges | 65 | €141 | €483 | +€342 | +242.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,863 | €444 | +€5,308 | |
| Income taxes | 67/77 | €128 | €176 | +€48 | +37.8% |
| Profit (loss) for the period | 9904 | -€4,991 | €268 | +€5,259 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,991 | €268 | +€5,259 |
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 6 October 2026 via checked.be.