STERK.BE: 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.
STERK.BE
Largest movements
- Cash -€39,388
down €39,388 (-54.2%), from €72,675 to €33,287
mainly Other debts (-€42,000) and Debts after one year (-€21,514)
- Tangible fixed assets -€16,931
down €16,931 (-10.7%), from €158,863 to €141,932
of which Land and buildings: -€13,882
- Receivables within one year +€10,226
up €10,226 (+17.6%), from €58,140 to €68,366
of which Other amounts receivable: +€7,225
- Profit (loss) carried forward +€43,138
up €43,138 (+23.7%), from €182,153 to €225,291
- Other debts -€42,000
no longer reported in 2025 (was €42,000)
- Debts after one year -€21,514
no longer reported in 2025 (was €21,514)
- Tax, wage and social debts -€19,865
down €19,865 (-69.7%), from €28,516 to €8,651
- Current portion of long-term debt -€5,932
no longer reported in 2025 (was €5,932)
- Gross operating margin -€14,479
down €14,479 (-12.8%), from €113,231 to €98,752
- Taxes -€4,097
down €4,097 (-20.5%), from €20,007 to €15,910
- Depreciation -€1,210
down €1,210 (-6.7%), from €18,140 to €16,931
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 | €289,740 | €243,647 | -€46,093 | -15.9% |
| Fixed assets | 21/28 | €158,925 | €141,994 | -€16,931 | -10.7% |
| Tangible fixed assets | 22/27 | €158,863 | €141,932 | -€16,931 | -10.7% |
| Land and buildings | 22 | €149,156 | €135,274 | -€13,882 | -9.3% |
| Plant, machinery and equipment | 23 | €7,017 | €4,690 | -€2,327 | -33.2% |
| Furniture and vehicles | 24 | €2,690 | €1,968 | -€722 | -26.8% |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €130,815 | €101,653 | -€29,162 | -22.3% |
| Amounts receivable within one year | 40/41 | €58,140 | €68,366 | +€10,226 | +17.6% |
| Trade receivables | 40 | €16,166 | €19,166 | +€3,001 | +18.6% |
| Other amounts receivable | 41 | €41,974 | €49,199 | +€7,225 | +17.2% |
| Cash at bank and in hand | 54/58 | €72,675 | €33,287 | -€39,388 | -54.2% |
| Total equity and liabilities | 10/49 | €289,740 | €243,647 | -€46,093 | -15.9% |
| Equity | 10/15 | €190,213 | €233,351 | +€43,138 | +22.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,153 | €225,291 | +€43,138 | +23.7% |
| Amounts payable | 17/49 | €99,527 | €10,297 | -€89,231 | -89.7% |
| Amounts payable after more than one year | 17 | €21,514 | - | -€21,514 | |
| Financial debts | 170/4 | €21,514 | - | -€21,514 | |
| Amounts payable within one year | 42/48 | €78,013 | €10,297 | -€67,717 | -86.8% |
| Current portion of amounts payable after more than one year | 42 | €5,932 | - | -€5,932 | |
| Trade debts | 44 | €1,565 | €1,646 | +€80 | +5.1% |
| Suppliers | 440/4 | €1,565 | €1,646 | +€80 | +5.1% |
| Taxes, remuneration and social security | 45 | €28,516 | €8,651 | -€19,865 | -69.7% |
| Taxes | 450/3 | €28,516 | €8,651 | -€19,865 | -69.7% |
| Other amounts payable | 47/48 | €42,000 | - | -€42,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,140 | €16,931 | -€1,210 | -6.7% |
| Other operating charges | 640/8 | €19,849 | €20,771 | +€921 | +4.6% |
| Gross operating margin | 9900 | €113,231 | €98,752 | -€14,479 | -12.8% |
| Operating profit (loss) | 9901 | €75,241 | €61,051 | -€14,191 | -18.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +833% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +833% |
| Financial charges | 65/66B | €1,848 | €2,003 | +€155 | +8.4% |
| Recurring financial charges | 65 | €1,848 | €2,003 | +€155 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €73,393 | €59,048 | -€14,346 | -19.5% |
| Income taxes | 67/77 | €20,007 | €15,910 | -€4,097 | -20.5% |
| Profit (loss) for the period | 9904 | €53,386 | €43,138 | -€10,248 | -19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €53,386 | €43,138 | -€10,248 | -19.2% |
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 20 October 2026 via checked.be.