STERCOLOR: 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.
STERCOLOR
Largest movements
- Tangible fixed assets -€12,923
down €12,923 (-62.1%), from €20,808 to €7,885
of which Furniture and vehicles: -€15,253
- Receivables within one year +€7,397
up €7,397 (+37.9%), from €19,519 to €26,916
of which Trade receivables: +€5,958
- Deferred charges and accrued income +€2,730
up €2,730 (+724%), from €377 to €3,107
- Cash -€1,202
down €1,202 (-4.7%), from €25,690 to €24,489
mainly Debts after one year (-€12,333) and Receivables within one year (-€7,397)
- Debts after one year -€12,333
down €12,333 (-83.0%), from €14,863 to €2,529
- Trade debts +€3,571
up €3,571 (+41.3%), from €8,645 to €12,216
- Tax, wage and social debts +€3,406
up €3,406 (+29.9%), from €11,394 to €14,800
of which Remuneration and social security: +€8,119
- Profit (loss) carried forward +€713
up €713 (+5.3%), from €13,550 to €14,263
- Gross operating margin +€56,302
up €56,302 (+83.4%), from €67,521 to €123,822
- Staff costs +€53,288
up €53,288 (+104%), from €51,290 to €104,579
- Depreciation +€1,983
up €1,983 (+14.7%), from €13,517 to €15,501
- Taxes -€1,556
down €1,556 (-67.4%), from €2,310 to €753
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 | €66,394 | €62,397 | -€3,997 | -6.0% |
| Fixed assets | 21/28 | €20,808 | €7,885 | -€12,923 | -62.1% |
| Tangible fixed assets | 22/27 | €20,808 | €7,885 | -€12,923 | -62.1% |
| Plant, machinery and equipment | 23 | - | €2,331 | +€2,331 | |
| Furniture and vehicles | 24 | €20,808 | €5,555 | -€15,253 | -73.3% |
| Current assets | 29/58 | €45,586 | €54,512 | +€8,926 | +19.6% |
| Amounts receivable within one year | 40/41 | €19,519 | €26,916 | +€7,397 | +37.9% |
| Trade receivables | 40 | €17,232 | €23,191 | +€5,958 | +34.6% |
| Other amounts receivable | 41 | €2,287 | €3,725 | +€1,439 | +62.9% |
| Cash at bank and in hand | 54/58 | €25,690 | €24,489 | -€1,202 | -4.7% |
| Deferred charges and accrued income | 490/1 | €377 | €3,107 | +€2,730 | +724% |
| Total equity and liabilities | 10/49 | €66,394 | €62,397 | -€3,997 | -6.0% |
| Equity | 10/15 | €18,550 | €19,263 | +€713 | +3.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,550 | €14,263 | +€713 | +5.3% |
| Amounts payable | 17/49 | €47,845 | €43,134 | -€4,711 | -9.8% |
| Amounts payable after more than one year | 17 | €14,863 | €2,529 | -€12,333 | -83.0% |
| Financial debts | 170/4 | €14,863 | €2,529 | -€12,333 | -83.0% |
| Amounts payable within one year | 42/48 | €32,982 | €40,605 | +€7,623 | +23.1% |
| Current portion of amounts payable after more than one year | 42 | €11,741 | €12,333 | +€593 | +5.0% |
| Trade debts | 44 | €8,645 | €12,216 | +€3,571 | +41.3% |
| Suppliers | 440/4 | €8,645 | €12,216 | +€3,571 | +41.3% |
| Taxes, remuneration and social security | 45 | €11,394 | €14,800 | +€3,406 | +29.9% |
| Taxes | 450/3 | €5,401 | €688 | -€4,713 | -87.3% |
| Remuneration and social security | 454/9 | €5,993 | €14,112 | +€8,119 | +135% |
| Other amounts payable | 47/48 | €1,202 | €1,256 | +€54 | +4.5% |
| Remuneration, social security and pensions | 62 | €51,290 | €104,579 | +€53,288 | +104% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,517 | €15,501 | +€1,983 | +14.7% |
| Other operating charges | 640/8 | €1,152 | €1,054 | -€98 | -8.5% |
| Gross operating margin | 9900 | €67,521 | €123,822 | +€56,302 | +83.4% |
| Operating profit (loss) | 9901 | €1,562 | €2,689 | +€1,128 | +72.2% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100% |
| Financial charges | 65/66B | €1,456 | €1,223 | -€233 | -16.0% |
| Recurring financial charges | 65 | €1,456 | €1,223 | -€233 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €116 | €1,466 | +€1,350 | +1,163% |
| Income taxes | 67/77 | €2,310 | €753 | -€1,556 | -67.4% |
| Profit (loss) for the period | 9904 | -€2,194 | €713 | +€2,907 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,194 | €713 | +€2,907 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.