Sterkbouw: 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.
Sterkbouw
Largest movements
- Tangible fixed assets -€19,073
no longer reported in 2025 (was €19,073)
- Receivables within one year +€18,392
up €18,392 (+14.3%), from €128,283 to €146,675
of which Other amounts receivable: +€14,007
- Cash +€10,106
up €10,106 (+51.6%), from €19,573 to €29,679
mainly Investment in fixed assets (net) (+€19,073) and Deferred charges and accrued income (+€6,000)
- Deferred charges and accrued income -€6,000
down €6,000 (-25.0%), from €24,000 to €18,000
- Trade debts -€3,757
down €3,757 (-7.5%), from €49,820 to €46,063
- Tax, wage and social debts +€3,700
up €3,700 (+63.0%), from €5,870 to €9,570
- Profit (loss) carried forward +€3,482
up €3,482 (+3.0%), from €114,779 to €118,261
- Other operating charges -€11,645
down €11,645 (-83.7%), from €13,911 to €2,266
- Depreciation -€6,500
no longer reported in 2025 (was €6,500)
- Gross operating margin -€3,601
down €3,601 (-17.4%), from €20,723 to €17,121
- Financial income -€3,560
down €3,560 (-39.3%), from €9,052 to €5,492
- Taxes -€2,172
down €2,172 (-37.0%), from €5,872 to €3,700
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 | €190,929 | €194,354 | +€3,425 | +1.8% |
| Fixed assets | 21/28 | €19,073 | - | -€19,073 | |
| Tangible fixed assets | 22/27 | €19,073 | - | -€19,073 | |
| Furniture and vehicles | 24 | €19,073 | - | -€19,073 | |
| Current assets | 29/58 | €171,856 | €194,354 | +€22,498 | +13.1% |
| Amounts receivable within one year | 40/41 | €128,283 | €146,675 | +€18,392 | +14.3% |
| Trade receivables | 40 | €21,612 | €25,996 | +€4,384 | +20.3% |
| Other amounts receivable | 41 | €106,671 | €120,679 | +€14,007 | +13.1% |
| Cash at bank and in hand | 54/58 | €19,573 | €29,679 | +€10,106 | +51.6% |
| Deferred charges and accrued income | 490/1 | €24,000 | €18,000 | -€6,000 | -25.0% |
| Total equity and liabilities | 10/49 | €190,929 | €194,354 | +€3,425 | +1.8% |
| Equity | 10/15 | €135,239 | €138,721 | +€3,482 | +2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,779 | €118,261 | +€3,482 | +3.0% |
| Amounts payable | 17/49 | €55,690 | €55,633 | -€57 | -0.1% |
| Amounts payable within one year | 42/48 | €55,690 | €55,633 | -€57 | -0.1% |
| Trade debts | 44 | €49,820 | €46,063 | -€3,757 | -7.5% |
| Suppliers | 440/4 | €49,820 | €46,063 | -€3,757 | -7.5% |
| Taxes, remuneration and social security | 45 | €5,870 | €9,570 | +€3,700 | +63.0% |
| Taxes | 450/3 | €5,870 | €9,570 | +€3,700 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,500 | - | -€6,500 | |
| Other operating charges | 640/8 | €13,911 | €2,266 | -€11,645 | -83.7% |
| Non-recurring operating charges | 66A | - | €12,461 | +€12,461 | |
| Gross operating margin | 9900 | €20,723 | €17,121 | -€3,601 | -17.4% |
| Operating profit (loss) | 9901 | €312 | €2,394 | +€2,083 | +668% |
| Financial income | 75/76B | €9,052 | €5,492 | -€3,560 | -39.3% |
| Recurring financial income | 75 | €9,052 | €5,492 | -€3,560 | -39.3% |
| Financial charges | 65/66B | €214 | €704 | +€490 | +228% |
| Recurring financial charges | 65 | €214 | €704 | +€490 | +228% |
| Profit (loss) for the period before taxes | 9903 | €9,150 | €7,182 | -€1,967 | -21.5% |
| Income taxes | 67/77 | €5,872 | €3,700 | -€2,172 | -37.0% |
| Profit (loss) for the period | 9904 | €3,277 | €3,482 | +€205 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,277 | €3,482 | +€205 | +6.3% |
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 31 October 2026 via checked.be.