Sterk Management: 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 Management
Largest movements
- Receivables within one year +€19,776
up €19,776 (+118%), from €16,824 to €36,600
of which Other amounts receivable: +€16,143
- Cash +€5,253
up €5,253 (+163%), from €3,226 to €8,479
mainly Net result for the year (+€15,623) and Tax, wage and social debts (+€7,183)
- Tangible fixed assets -€3,440
down €3,440 (-100%), from €3,440 to €0
- Deferred charges and accrued income -€1,100
down €1,100 (-100%), from €1,100 to €0
- Reserves +€15,623
up €15,623 (+164%), from €9,550 to €25,173
- Tax, wage and social debts +€7,183
up €7,183 (+81.3%), from €8,839 to €16,022
- Trade debts -€2,317
down €2,317 (-62.6%), from €3,701 to €1,384
- Gross operating margin +€13,839
up €13,839 (+81.2%), from €17,041 to €30,879
- Other operating charges +€3,553
up €3,553 (+358%), from €992 to €4,545
- Financial charges +€3,515
up €3,515 (+182%), from €1,930 to €5,444
- Taxes +€2,214
up €2,214 (+62.0%), from €3,573 to €5,787
- Depreciation -€1,160
down €1,160 (-100%), from €1,160 to €0
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 | €24,589 | €45,079 | +€20,489 | +83.3% |
| Fixed assets | 21/28 | €3,440 | €0 | -€3,440 | -100% |
| Tangible fixed assets | 22/27 | €3,440 | €0 | -€3,440 | -100% |
| Furniture and vehicles | 24 | €3,440 | €0 | -€3,440 | -100% |
| Current assets | 29/58 | €21,150 | €45,079 | +€23,929 | +113% |
| Amounts receivable within one year | 40/41 | €16,824 | €36,600 | +€19,776 | +118% |
| Trade receivables | 40 | €8,947 | €12,580 | +€3,632 | +40.6% |
| Other amounts receivable | 41 | €7,877 | €24,020 | +€16,143 | +205% |
| Cash at bank and in hand | 54/58 | €3,226 | €8,479 | +€5,253 | +163% |
| Deferred charges and accrued income | 490/1 | €1,100 | €0 | -€1,100 | -100% |
| Total equity and liabilities | 10/49 | €24,589 | €45,079 | +€20,489 | +83.3% |
| Equity | 10/15 | €12,050 | €27,673 | +€15,623 | +130% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €9,550 | €25,173 | +€15,623 | +164% |
| Distributable reserves | 133 | €9,550 | €25,173 | +€15,623 | +164% |
| Amounts payable | 17/49 | €12,540 | €17,406 | +€4,866 | +38.8% |
| Amounts payable within one year | 42/48 | €12,540 | €17,406 | +€4,866 | +38.8% |
| Trade debts | 44 | €3,701 | €1,384 | -€2,317 | -62.6% |
| Suppliers | 440/4 | €3,701 | €1,384 | -€2,317 | -62.6% |
| Taxes, remuneration and social security | 45 | €8,839 | €16,022 | +€7,183 | +81.3% |
| Taxes | 450/3 | €8,839 | €16,022 | +€7,183 | +81.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,160 | €0 | -€1,160 | -100% |
| Other operating charges | 640/8 | €992 | €4,545 | +€3,553 | +358% |
| Gross operating margin | 9900 | €17,041 | €30,879 | +€13,839 | +81.2% |
| Operating profit (loss) | 9901 | €14,888 | €26,334 | +€11,447 | +76.9% |
| Financial income | 75/76B | €164 | €520 | +€356 | +216% |
| Recurring financial income | 75 | €164 | €520 | +€356 | +216% |
| Financial charges | 65/66B | €1,930 | €5,444 | +€3,515 | +182% |
| Recurring financial charges | 65 | €1,930 | €5,444 | +€3,515 | +182% |
| Profit (loss) for the period before taxes | 9903 | €13,122 | €21,410 | +€8,288 | +63.2% |
| Income taxes | 67/77 | €3,573 | €5,787 | +€2,214 | +62.0% |
| Profit (loss) for the period | 9904 | €9,550 | €15,623 | +€6,073 | +63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,550 | €15,623 | +€6,073 | +63.6% |
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 14 October 2026 via checked.be.