STERKENS BV: 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.
STERKENS BV
Largest movements
- Stocks and contracts -€436,001
down €436,001 (-87.3%), from €499,668 to €63,667
- Cash +€23,674
up €23,674 (+73.6%), from €32,153 to €55,827
mainly Stocks and contracts (+€436,001) and Tax, wage and social debts (+€9,714)
- Receivables within one year +€8,480
up €8,480 (+130%), from €6,509 to €14,989
of which Trade receivables: +€8,080
- Profit (loss) carried forward -€171,803
down €171,803 (-31.4%), from -€547,795 to -€719,597
- Short-term financial debts -€170,000
down €170,000 (-40.5%), from €420,000 to €250,000
- Other debts -€56,094
down €56,094 (-14.0%), from €399,512 to €343,418
- Tax, wage and social debts +€9,714
up €9,714 (+242%), from €4,021 to €13,735
- Current portion of long-term debt -€7,113
down €7,113 (-66.1%), from €10,762 to €3,648
- Gross operating margin -€141,893
down €141,893, from €63,211 to -€78,682
- Financial charges -€15,431
down €15,431 (-45.0%), from €34,291 to €18,860
- Staff costs -€1,136
no longer reported in 2025 (was €1,136)
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 | €542,640 | €138,555 | -€404,085 | -74.5% |
| Fixed assets | 21/28 | €4,271 | €2,816 | -€1,454 | -34.1% |
| Tangible fixed assets | 22/27 | €3,861 | €2,406 | -€1,454 | -37.7% |
| Plant, machinery and equipment | 23 | €3,861 | €2,406 | -€1,454 | -37.7% |
| Financial fixed assets | 28 | €410 | €410 | = | 0.0% |
| Current assets | 29/58 | €538,369 | €135,739 | -€402,631 | -74.8% |
| Stocks and contracts in progress | 3 | €499,668 | €63,667 | -€436,001 | -87.3% |
| Stocks | 30/36 | €499,668 | €63,667 | -€436,001 | -87.3% |
| Amounts receivable within one year | 40/41 | €6,509 | €14,989 | +€8,480 | +130% |
| Trade receivables | 40 | €5,909 | €13,989 | +€8,080 | +137% |
| Other amounts receivable | 41 | €600 | €1,000 | +€400 | +66.7% |
| Cash at bank and in hand | 54/58 | €32,153 | €55,827 | +€23,674 | +73.6% |
| Deferred charges and accrued income | 490/1 | €39 | €1,255 | +€1,216 | +3,118% |
| Total equity and liabilities | 10/49 | €542,640 | €138,555 | -€404,085 | -74.5% |
| Equity | 10/15 | -€302,399 | -€474,202 | -€171,803 | -56.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €95,396 | €95,396 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41,100 | €41,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €41,100 | €41,100 | = | 0.0% |
| Distributable reserves | 133 | €54,296 | €54,296 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€547,795 | -€719,597 | -€171,803 | -31.4% |
| Amounts payable | 17/49 | €845,039 | €612,757 | -€232,282 | -27.5% |
| Amounts payable after more than one year | 17 | €3,648 | - | -€3,648 | |
| Financial debts | 170/4 | €3,648 | - | -€3,648 | |
| Amounts payable within one year | 42/48 | €839,717 | €612,039 | -€227,678 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €10,762 | €3,648 | -€7,113 | -66.1% |
| Financial debts | 43 | €420,000 | €250,000 | -€170,000 | -40.5% |
| Credit institutions | 430/8 | €420,000 | €250,000 | -€170,000 | -40.5% |
| Trade debts | 44 | €5,423 | €1,238 | -€4,185 | -77.2% |
| Suppliers | 440/4 | €5,423 | €1,238 | -€4,185 | -77.2% |
| Taxes, remuneration and social security | 45 | €4,021 | €13,735 | +€9,714 | +242% |
| Taxes | 450/3 | €4,021 | €13,735 | +€9,714 | +242% |
| Other amounts payable | 47/48 | €399,512 | €343,418 | -€56,094 | -14.0% |
| Accrued charges and deferred income | 492/3 | €1,673 | €718 | -€956 | -57.1% |
| Non-recurring operating income | 76A | - | €20,969 | +€20,969 | |
| Remuneration, social security and pensions | 62 | €1,136 | - | -€1,136 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €1,454 | -€166 | -10.2% |
| Other operating charges | 640/8 | €7,630 | €7,197 | -€434 | -5.7% |
| Non-recurring operating charges | 66A | - | €67,670 | +€67,670 | |
| Gross operating margin | 9900 | €63,211 | -€78,682 | -€141,893 | |
| Operating profit (loss) | 9901 | €52,824 | -€155,003 | -€207,827 | |
| Financial income | 75/76B | €1,758 | €2,060 | +€302 | +17.2% |
| Recurring financial income | 75 | €1,758 | €2,060 | +€302 | +17.2% |
| Financial charges | 65/66B | €34,291 | €18,860 | -€15,431 | -45.0% |
| Recurring financial charges | 65 | €34,291 | €18,860 | -€15,431 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | €20,291 | -€171,803 | -€192,094 | |
| Profit (loss) for the period | 9904 | €20,291 | -€171,803 | -€192,094 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,291 | -€171,803 | -€192,094 |
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 24 October 2026 via checked.be.