STEREYO: 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.
STEREYO
Largest movements
- Receivables within one year +€115,189
up €115,189 (+113.3%), from €101,703 to €216,892
of which Other amounts receivable: +€81,487
- Intangible fixed assets +€104,123
up €104,123 (+101.7%), from €102,347 to €206,470
- Cash +€19,721
up €19,721 (+44.0%), from €44,804 to €64,525
mainly Net result for the year (+€116,446) and Trade debts (+€106,771)
- Reserves +€116,446
up €116,446 (+101.4%), from €114,853 to €231,299
of which Distributable reserves: +€116,446
- Trade debts +€106,771
up €106,771 (+415.8%), from €25,678 to €132,449
- Tax, wage and social debts +€16,578
up €16,578 (+265.7%), from €6,240 to €22,818
- Gross operating margin +€163,338
up €163,338, from -€15,656 to €147,682
- Taxes +€14,876
up €14,876 (+366.8%), from €4,056 to €18,931
- Financial income -€9,746
down €9,746 (-90.0%), from €10,833 to €1,087
of which Non-recurring financial income: -€10,467
- Depreciation +€4,097
up €4,097 (+56.5%), from €7,248 to €11,345
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 | €258,840 | €498,623 | +€239,783 | +92.6% |
| Fixed assets | 21/28 | €108,418 | €212,830 | +€104,411 | +96.3% |
| Intangible fixed assets | 21 | €102,347 | €206,470 | +€104,123 | +101.7% |
| Tangible fixed assets | 22/27 | €752 | €1,040 | +€288 | +38.4% |
| Furniture and vehicles | 24 | €752 | €1,040 | +€288 | +38.4% |
| Financial fixed assets | 28 | €5,320 | €5,320 | = | 0.0% |
| Current assets | 29/58 | €150,421 | €285,793 | +€135,372 | +90.0% |
| Amounts receivable within one year | 40/41 | €101,703 | €216,892 | +€115,189 | +113.3% |
| Trade receivables | 40 | €53,662 | €87,363 | +€33,702 | +62.8% |
| Other amounts receivable | 41 | €48,041 | €129,529 | +€81,487 | +169.6% |
| Cash at bank and in hand | 54/58 | €44,804 | €64,525 | +€19,721 | +44.0% |
| Deferred charges and accrued income | 490/1 | €3,914 | €4,376 | +€462 | +11.8% |
| Total equity and liabilities | 10/49 | €258,840 | €498,623 | +€239,783 | +92.6% |
| Equity | 10/15 | €133,453 | €249,899 | +€116,446 | +87.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,853 | €231,299 | +€116,446 | +101.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €114,853 | €231,299 | +€116,446 | +101.4% |
| Amounts payable | 17/49 | €125,386 | €248,723 | +€123,337 | +98.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €125,212 | €248,561 | +€123,349 | +98.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €25,678 | €132,449 | +€106,771 | +415.8% |
| Suppliers | 440/4 | €25,678 | €132,449 | +€106,771 | +415.8% |
| Advances received on contracts in progress | 46 | €93,294 | €93,294 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,240 | €22,818 | +€16,578 | +265.7% |
| Taxes | 450/3 | €6,240 | €22,818 | +€16,578 | +265.7% |
| Accrued charges and deferred income | 492/3 | €174 | €163 | -€12 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,248 | €11,345 | +€4,097 | +56.5% |
| Other operating charges | 640/8 | €1,165 | €1,197 | +€32 | +2.8% |
| Gross operating margin | 9900 | -€15,656 | €147,682 | +€163,338 | |
| Operating profit (loss) | 9901 | -€24,069 | €135,140 | +€159,209 | |
| Financial income | 75/76B | €10,833 | €1,087 | -€9,746 | -90.0% |
| Recurring financial income | 75 | €367 | €1,087 | +€721 | +196.6% |
| Non-recurring financial income | 76B | €10,467 | €0 | -€10,467 | -100.0% |
| Financial charges | 65/66B | €181 | €850 | +€669 | +370.4% |
| Recurring financial charges | 65 | €181 | €850 | +€669 | +370.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,416 | €135,377 | +€148,793 | |
| Income taxes | 67/77 | €4,056 | €18,931 | +€14,876 | +366.8% |
| Profit (loss) for the period | 9904 | -€17,471 | €116,446 | +€133,917 | |
| Transfer from tax-exempt reserves | 789 | €18,750 | €0 | -€18,750 | -100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,279 | €116,446 | +€115,167 | +9007.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.