Sterhoek Deposit Solutions: what changed
Sterhoek Deposit Solutions
Largest movements
- Receivables within one year +€720,031
up €720,031 (+50.5%), from €1.4m to €2.1m
of which Trade receivables: +€765,417
- Profit (loss) carried forward +€280,569
up €280,569 (+37.0%), from €758,757 to €1.0m
- Tax, wage and social debts +€264,446
up €264,446 (+88,149%), from €300 to €264,746
- Reserves +€263,125
up €263,125 (+60.4%), from €435,570 to €698,695
of which Tax-exempt reserves: +€263,125
- Other debts -€117,500
down €117,500 (-65.3%), from €180,000 to €62,500
- Short-term financial debts +€21,892
new in 2025: €21,892
- Gross operating margin +€285,035
up €285,035 (+66.4%), from €429,587 to €714,622
- Taxes +€71,994
up €71,994 (+68.4%), from €105,319 to €177,313
- Financial income +€8,327
new in 2025: €8,327
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,436,127 | €2,150,430 | +€714,303 | +49.7% |
| Current assets | 29/58 | €1,436,127 | €2,150,430 | +€714,303 | +49.7% |
| Amounts receivable within one year | 40/41 | €1,425,788 | €2,145,820 | +€720,031 | +50.5% |
| Trade receivables | 40 | €1,380,403 | €2,145,820 | +€765,417 | +55.4% |
| Other amounts receivable | 41 | €45,386 | €0 | -€45,386 | -100% |
| Cash at bank and in hand | 54/58 | €10,339 | €4,610 | -€5,728 | -55.4% |
| Total equity and liabilities | 10/49 | €1,436,127 | €2,150,430 | +€714,303 | +49.7% |
| Equity | 10/15 | €1,255,827 | €1,799,521 | +€543,694 | +43.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €435,570 | €698,695 | +€263,125 | +60.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €429,420 | €692,545 | +€263,125 | +61.3% |
| Profit (loss) carried forward | 14 | €758,757 | €1,039,326 | +€280,569 | +37.0% |
| Amounts payable | 17/49 | €180,300 | €350,909 | +€170,609 | +94.6% |
| Amounts payable within one year | 42/48 | €180,300 | €350,909 | +€170,609 | +94.6% |
| Financial debts | 43 | - | €21,892 | +€21,892 | |
| Credit institutions | 430/8 | - | €21,892 | +€21,892 | |
| Trade debts | 44 | - | €1,771 | +€1,771 | |
| Suppliers | 440/4 | - | €1,771 | +€1,771 | |
| Taxes, remuneration and social security | 45 | €300 | €264,746 | +€264,446 | +88,149% |
| Taxes | 450/3 | €300 | €264,746 | +€264,446 | +88,149% |
| Other amounts payable | 47/48 | €180,000 | €62,500 | -€117,500 | -65.3% |
| Other operating charges | 640/8 | €502 | €387 | -€115 | -22.9% |
| Gross operating margin | 9900 | €429,587 | €714,622 | +€285,035 | +66.4% |
| Operating profit (loss) | 9901 | €429,084 | €714,234 | +€285,150 | +66.5% |
| Financial income | 75/76B | - | €8,327 | +€8,327 | |
| Recurring financial income | 75 | - | €8,327 | +€8,327 | |
| Financial charges | 65/66B | €457 | €1,554 | +€1,097 | +240% |
| Recurring financial charges | 65 | €457 | €1,554 | +€1,097 | +240% |
| Profit (loss) for the period before taxes | 9903 | €428,627 | €721,007 | +€292,380 | +68.2% |
| Income taxes | 67/77 | €105,319 | €177,313 | +€71,994 | +68.4% |
| Profit (loss) for the period | 9904 | €323,308 | €543,694 | +€220,386 | +68.2% |
| Transfer to tax-exempt reserves | 689 | €147,350 | €263,125 | +€115,775 | +78.6% |
| Profit (loss) for the period to be appropriated | 9905 | €175,958 | €280,569 | +€104,611 | +59.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.