STERCKX & CO: 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.
STERCKX & CO
Largest movements
- Cash +€12,065
up €12,065 (+11.4%), from €105,523 to €117,588
mainly Depreciation (+€18,863) and Net result for the year (+€18,492)
- Tangible fixed assets -€6,880
down €6,880 (-7.3%), from €94,779 to €87,900
of which Land and buildings: -€13,240
- Receivables within one year +€3,970
up €3,970 (+5.7%), from €69,231 to €73,201
of which Trade receivables: +€2,970
- Intangible fixed assets -€3,500
down €3,500 (-13.5%), from €25,919 to €22,419
- Reserves +€15,492
up €15,492 (+7.4%), from €208,295 to €223,787
of which Distributable reserves: +€17,380
- Trade debts -€5,949
down €5,949 (-70.9%), from €8,392 to €2,443
- Other debts -€4,911
down €4,911 (-31.3%), from €15,701 to €10,790
- Tax, wage and social debts +€4,660
up €4,660 (+32.5%), from €14,345 to €19,005
of which Taxes: +€5,172
- Gross operating margin -€16,432
down €16,432 (-19.8%), from €82,955 to €66,523
- Taxes +€4,711
up €4,711 (+172%), from €2,739 to €7,450
- Staff costs +€2,641
up €2,641 (+15.0%), from €17,573 to €20,213
- Financial charges -€1,024
down €1,024 (-50.4%), from €2,034 to €1,009
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 | €312,643 | €320,630 | +€7,987 | +2.6% |
| Fixed assets | 21/28 | €125,144 | €114,764 | -€10,380 | -8.3% |
| Intangible fixed assets | 21 | €25,919 | €22,419 | -€3,500 | -13.5% |
| Tangible fixed assets | 22/27 | €94,779 | €87,900 | -€6,880 | -7.3% |
| Land and buildings | 22 | €91,383 | €78,143 | -€13,240 | -14.5% |
| Furniture and vehicles | 24 | €3,397 | €9,757 | +€6,360 | +187% |
| Financial fixed assets | 28 | €4,445 | €4,445 | = | 0.0% |
| Current assets | 29/58 | €187,499 | €205,866 | +€18,367 | +9.8% |
| Stocks and contracts in progress | 3 | €10,665 | €10,489 | -€176 | -1.6% |
| Stocks | 30/36 | €10,665 | €10,489 | -€176 | -1.6% |
| Amounts receivable within one year | 40/41 | €69,231 | €73,201 | +€3,970 | +5.7% |
| Trade receivables | 40 | €4,929 | €7,899 | +€2,970 | +60.3% |
| Other amounts receivable | 41 | €64,302 | €65,302 | +€1,000 | +1.6% |
| Cash at bank and in hand | 54/58 | €105,523 | €117,588 | +€12,065 | +11.4% |
| Deferred charges and accrued income | 490/1 | €2,080 | €4,588 | +€2,507 | +121% |
| Total equity and liabilities | 10/49 | €312,643 | €320,630 | +€7,987 | +2.6% |
| Equity | 10/15 | €270,295 | €285,787 | +€15,492 | +5.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €208,295 | €223,787 | +€15,492 | +7.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,768 | €10,880 | -€1,888 | -14.8% |
| Distributable reserves | 133 | €189,327 | €206,707 | +€17,380 | +9.2% |
| Provisions and deferred taxes | 16 | €3,234 | €2,605 | -€629 | -19.5% |
| Deferred taxes | 168 | €3,234 | €2,605 | -€629 | -19.5% |
| Amounts payable | 17/49 | €39,113 | €32,238 | -€6,875 | -17.6% |
| Amounts payable within one year | 42/48 | €38,438 | €32,238 | -€6,200 | -16.1% |
| Trade debts | 44 | €8,392 | €2,443 | -€5,949 | -70.9% |
| Suppliers | 440/4 | €8,392 | €2,443 | -€5,949 | -70.9% |
| Taxes, remuneration and social security | 45 | €14,345 | €19,005 | +€4,660 | +32.5% |
| Taxes | 450/3 | €12,817 | €17,990 | +€5,172 | +40.4% |
| Remuneration and social security | 454/9 | €1,528 | €1,016 | -€512 | -33.5% |
| Other amounts payable | 47/48 | €15,701 | €10,790 | -€4,911 | -31.3% |
| Accrued charges and deferred income | 492/3 | €675 | - | -€675 | |
| Non-recurring operating income | 76A | €13,250 | - | -€13,250 | |
| Remuneration, social security and pensions | 62 | €17,573 | €20,213 | +€2,641 | +15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,144 | €18,863 | -€281 | -1.5% |
| Other operating charges | 640/8 | €1,141 | €1,169 | +€28 | +2.5% |
| Gross operating margin | 9900 | €82,955 | €66,523 | -€16,432 | -19.8% |
| Operating profit (loss) | 9901 | €45,097 | €26,277 | -€18,821 | -41.7% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €2,034 | €1,009 | -€1,024 | -50.4% |
| Recurring financial charges | 65 | €2,034 | €1,009 | -€1,024 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €43,064 | €25,312 | -€17,752 | -41.2% |
| Transfer from deferred taxes | 780 | €78 | €629 | +€551 | +705% |
| Transfer to deferred taxes | 680 | €3,313 | - | -€3,313 | |
| Income taxes | 67/77 | €2,739 | €7,450 | +€4,711 | +172% |
| Profit (loss) for the period | 9904 | €37,091 | €18,492 | -€18,599 | -50.1% |
| Transfer from tax-exempt reserves | 789 | €235 | €1,888 | +€1,654 | +705% |
| Transfer to tax-exempt reserves | 689 | €9,938 | - | -€9,938 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,388 | €20,380 | -€7,008 | -25.6% |
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 17 October 2026 via checked.be.