Sterckx en zonen: 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 en zonen
Largest movements
- Receivables within one year +€35,596
up €35,596 (+140%), from €25,378 to €60,973
of which Trade receivables: +€37,458
- Cash -€19,338
down €19,338 (-56.0%), from €34,522 to €15,183
mainly Receivables within one year (-€35,596) and Investment in fixed assets (net) (-€19,645)
- Tangible fixed assets +€13,658
up €13,658 (+141%), from €9,714 to €23,372
of which Furniture and vehicles: +€15,140
- Reserves +€21,547
up €21,547 (+51.5%), from €41,815 to €63,363
- Other debts +€17,944
new in 2025: €17,944
- Tax, wage and social debts -€7,742
down €7,742 (-100%), from €7,742 to €0
- Trade debts -€2,055
down €2,055 (-11.9%), from €17,277 to €15,222
- Gross operating margin -€15,470
down €15,470 (-29.7%), from €52,073 to €36,603
- Depreciation +€2,085
up €2,085 (+53.4%), from €3,902 to €5,987
- Taxes -€701
down €701 (-9.1%), from €7,742 to €7,041
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 | €69,835 | €99,529 | +€29,694 | +42.5% |
| Fixed assets | 21/28 | €9,714 | €23,372 | +€13,658 | +141% |
| Tangible fixed assets | 22/27 | €9,714 | €23,372 | +€13,658 | +141% |
| Plant, machinery and equipment | 23 | €1,481 | €0 | -€1,481 | -100% |
| Furniture and vehicles | 24 | €8,233 | €23,372 | +€15,140 | +184% |
| Current assets | 29/58 | €60,121 | €76,157 | +€16,035 | +26.7% |
| Amounts receivable within one year | 40/41 | €25,378 | €60,973 | +€35,596 | +140% |
| Trade receivables | 40 | €18,387 | €55,846 | +€37,458 | +204% |
| Other amounts receivable | 41 | €6,990 | €5,128 | -€1,863 | -26.6% |
| Cash at bank and in hand | 54/58 | €34,522 | €15,183 | -€19,338 | -56.0% |
| Deferred charges and accrued income | 490/1 | €222 | €0 | -€222 | -100% |
| Total equity and liabilities | 10/49 | €69,835 | €99,529 | +€29,694 | +42.5% |
| Equity | 10/15 | €44,815 | €66,363 | +€21,547 | +48.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,815 | €63,363 | +€21,547 | +51.5% |
| Distributable reserves | 133 | €41,815 | €63,363 | +€21,547 | +51.5% |
| Amounts payable | 17/49 | €25,020 | €33,166 | +€8,147 | +32.6% |
| Amounts payable within one year | 42/48 | €25,020 | €33,166 | +€8,147 | +32.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €17,277 | €15,222 | -€2,055 | -11.9% |
| Suppliers | 440/4 | €17,277 | €15,222 | -€2,055 | -11.9% |
| Taxes, remuneration and social security | 45 | €7,742 | €0 | -€7,742 | -100% |
| Taxes | 450/3 | €7,742 | €0 | -€7,742 | -100% |
| Other amounts payable | 47/48 | - | €17,944 | +€17,944 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,902 | €5,987 | +€2,085 | +53.4% |
| Other operating charges | 640/8 | €996 | €1,154 | +€157 | +15.8% |
| Gross operating margin | 9900 | €52,073 | €36,603 | -€15,470 | -29.7% |
| Operating profit (loss) | 9901 | €47,174 | €29,462 | -€17,712 | -37.5% |
| Financial income | 75/76B | €23 | €0 | -€22 | -97.9% |
| Recurring financial income | 75 | €23 | €0 | -€22 | -97.9% |
| Financial charges | 65/66B | €1,003 | €874 | -€129 | -12.9% |
| Recurring financial charges | 65 | €1,003 | €874 | -€129 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €46,194 | €28,589 | -€17,606 | -38.1% |
| Income taxes | 67/77 | €7,742 | €7,041 | -€701 | -9.1% |
| Profit (loss) for the period | 9904 | €38,452 | €21,547 | -€16,905 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,452 | €21,547 | -€16,905 | -44.0% |
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 28 October 2026 via checked.be.