STERK IT: 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 IT
Largest movements
- Cash -€40,263
down €40,263 (-47.2%), from €85,391 to €45,128
mainly Contributions, distributions and other (-€100,479) and Receivables within one year (-€15,937)
- Receivables within one year +€15,937
new in 2025: €15,937
- Tangible fixed assets -€4,999
down €4,999 (-27.6%), from €18,129 to €13,130
of which Furniture and vehicles: -€4,838
- Deferred charges and accrued income -€4,877
down €4,877 (-59.0%), from €8,266 to €3,389
- Profit (loss) carried forward -€77,637
no longer reported in 2025 (was €77,637)
- Other debts +€42,406
up €42,406 (+4555.2%), from €931 to €43,337
- Tax, wage and social debts +€5,232
up €5,232 (+30.9%), from €16,934 to €22,166
- Debts after one year -€4,163
down €4,163 (-40.6%), from €10,260 to €6,097
- Financial charges +€36,781
up €36,781 (+1879.5%), from €1,957 to €38,738
- Gross operating margin +€22,550
up €22,550 (+43.3%), from €52,116 to €74,666
- Taxes -€2,502
down €2,502 (-26.1%), from €9,577 to €7,075
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 | €111,786 | €77,584 | -€34,203 | -30.6% |
| Fixed assets | 21/28 | €18,129 | €13,130 | -€4,999 | -27.6% |
| Tangible fixed assets | 22/27 | €18,129 | €13,130 | -€4,999 | -27.6% |
| Furniture and vehicles | 24 | €16,957 | €12,120 | -€4,838 | -28.5% |
| Other tangible fixed assets | 26 | €1,172 | €1,010 | -€162 | -13.8% |
| Current assets | 29/58 | €93,657 | €64,454 | -€29,203 | -31.2% |
| Amounts receivable within one year | 40/41 | - | €15,937 | +€15,937 | |
| Trade receivables | 40 | - | €15,937 | +€15,937 | |
| Cash at bank and in hand | 54/58 | €85,391 | €45,128 | -€40,263 | -47.2% |
| Deferred charges and accrued income | 490/1 | €8,266 | €3,389 | -€4,877 | -59.0% |
| Total equity and liabilities | 10/49 | €111,786 | €77,584 | -€34,203 | -30.6% |
| Equity | 10/15 | €78,137 | €500 | -€77,637 | -99.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,637 | - | -€77,637 | |
| Amounts payable | 17/49 | €33,649 | €77,084 | +€43,434 | +129.1% |
| Amounts payable after more than one year | 17 | €10,260 | €6,097 | -€4,163 | -40.6% |
| Financial debts | 170/4 | €10,260 | €6,097 | -€4,163 | -40.6% |
| Amounts payable within one year | 42/48 | €23,389 | €70,986 | +€47,597 | +203.5% |
| Current portion of amounts payable after more than one year | 42 | €4,015 | €4,163 | +€148 | +3.7% |
| Trade debts | 44 | €1,509 | €1,321 | -€188 | -12.5% |
| Suppliers | 440/4 | €1,509 | €1,321 | -€188 | -12.5% |
| Taxes, remuneration and social security | 45 | €16,934 | €22,166 | +€5,232 | +30.9% |
| Taxes | 450/3 | €16,934 | €22,166 | +€5,232 | +30.9% |
| Other amounts payable | 47/48 | €931 | €43,337 | +€42,406 | +4555.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,521 | €6,011 | -€509 | -7.8% |
| Gross operating margin | 9900 | €52,116 | €74,666 | +€22,550 | +43.3% |
| Operating profit (loss) | 9901 | €45,596 | €68,655 | +€23,059 | +50.6% |
| Financial income | 75/76B | €24 | €1 | -€23 | -96.0% |
| Recurring financial income | 75 | €24 | €1 | -€23 | -96.0% |
| Financial charges | 65/66B | €1,957 | €38,738 | +€36,781 | +1879.5% |
| Recurring financial charges | 65 | €1,957 | €38,738 | +€36,781 | +1879.5% |
| Profit (loss) for the period before taxes | 9903 | €43,663 | €29,918 | -€13,745 | -31.5% |
| Income taxes | 67/77 | €9,577 | €7,075 | -€2,502 | -26.1% |
| Profit (loss) for the period | 9904 | €34,086 | €22,843 | -€11,243 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,086 | €22,843 | -€11,243 | -33.0% |
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 3 October 2026 via checked.be.