STERK: 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.
STERK
Largest movements
- Receivables within one year +€19,013
up €19,013 (+135.8%), from €14,000 to €33,013
of which Trade receivables: +€19,000
- Cash +€1,450
up €1,450 (+18.6%), from €7,777 to €9,227
mainly Net result for the year (+€43,784) and Depreciation (+€5,026)
- Profit (loss) carried forward +€43,784
new in 2025: €43,784
- Reserves -€30,000
down €30,000 (-94.2%), from €31,843 to €1,843
- Tax, wage and social debts +€3,692
up €3,692 (+59.2%), from €6,235 to €9,926
- Trade debts +€2,696
up €2,696 (+129.9%), from €2,075 to €4,771
- Financial income +€27,156
up €27,156 (+8760141.9%), from €0 to €27,157
- Gross operating margin +€15,550
up €15,550 (+67.8%), from €22,920 to €38,470
- Other operating charges -€7,569
down €7,569 (-77.9%), from €9,712 to €2,142
- Taxes +€3,634
up €3,634 (+62.6%), from €5,802 to €9,436
- Financial charges +€3,242
up €3,242 (+162.2%), from €1,998 to €5,240
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 | €40,950 | €61,463 | +€20,514 | +50.1% |
| Fixed assets | 21/28 | €13,173 | €13,227 | +€54 | +0.4% |
| Tangible fixed assets | 22/27 | €11,389 | €11,977 | +€588 | +5.2% |
| Furniture and vehicles | 24 | €4,568 | €5,198 | +€629 | +13.8% |
| Other tangible fixed assets | 26 | €6,821 | €6,779 | -€42 | -0.6% |
| Financial fixed assets | 28 | €1,784 | €1,250 | -€534 | -29.9% |
| Current assets | 29/58 | €27,777 | €48,236 | +€20,460 | +73.7% |
| Amounts receivable within one year | 40/41 | €14,000 | €33,013 | +€19,013 | +135.8% |
| Trade receivables | 40 | €14,000 | €33,000 | +€19,000 | +135.7% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €7,777 | €9,227 | +€1,450 | +18.6% |
| Deferred charges and accrued income | 490/1 | €6,000 | €5,997 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €40,950 | €61,463 | +€20,514 | +50.1% |
| Equity | 10/15 | €31,943 | €45,726 | +€13,784 | +43.2% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €31,843 | €1,843 | -€30,000 | -94.2% |
| Distributable reserves | 133 | €31,843 | €1,843 | -€30,000 | -94.2% |
| Profit (loss) carried forward | 14 | - | €43,784 | +€43,784 | |
| Amounts payable | 17/49 | €9,007 | €15,737 | +€6,730 | +74.7% |
| Amounts payable within one year | 42/48 | €9,007 | €15,130 | +€6,123 | +68.0% |
| Trade debts | 44 | €2,075 | €4,771 | +€2,696 | +129.9% |
| Suppliers | 440/4 | €2,075 | €4,771 | +€2,696 | +129.9% |
| Taxes, remuneration and social security | 45 | €6,235 | €9,926 | +€3,692 | +59.2% |
| Taxes | 450/3 | €6,235 | €9,926 | +€3,692 | +59.2% |
| Other amounts payable | 47/48 | €697 | €433 | -€265 | -38.0% |
| Accrued charges and deferred income | 492/3 | - | €607 | +€607 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,862 | €5,026 | +€2,164 | +75.6% |
| Other operating charges | 640/8 | €9,712 | €2,142 | -€7,569 | -77.9% |
| Gross operating margin | 9900 | €22,920 | €38,470 | +€15,550 | +67.8% |
| Operating profit (loss) | 9901 | €10,346 | €31,302 | +€20,956 | +202.6% |
| Financial income | 75/76B | €0 | €27,157 | +€27,156 | +8760141.9% |
| Recurring financial income | 75 | €0 | €27,157 | +€27,156 | +8760141.9% |
| Financial charges | 65/66B | €1,998 | €5,240 | +€3,242 | +162.2% |
| Recurring financial charges | 65 | €1,998 | €5,240 | +€3,242 | +162.2% |
| Profit (loss) for the period before taxes | 9903 | €8,348 | €53,219 | +€44,871 | +537.5% |
| Income taxes | 67/77 | €5,802 | €9,436 | +€3,634 | +62.6% |
| Profit (loss) for the period | 9904 | €2,546 | €43,784 | +€41,237 | +1619.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,546 | €43,784 | +€41,237 | +1619.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.