STERKS: 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.
STERKS
Largest movements
- Cash -€23,677
down €23,677 (-46.9%), from €50,482 to €26,805
mainly Trade debts (-€37,207) and Contributions, distributions and other (-€18,873)
- Receivables within one year +€13,692
up €13,692 (+10.0%), from €137,599 to €151,291
of which Trade receivables: +€44,980
- Tangible fixed assets -€12,206
down €12,206 (-48.3%), from €25,284 to €13,079
of which Furniture and vehicles: -€11,389
- Trade debts -€37,207
down €37,207 (-93.6%), from €39,750 to €2,543
- Other debts +€18,873
new in 2025: €18,873
- Tax, wage and social debts -€6,150
down €6,150 (-35.3%), from €17,428 to €11,277
- Profit (loss) carried forward +€2,294
up €2,294 (+1.5%), from €149,863 to €152,157
- Gross operating margin -€12,076
down €12,076 (-24.1%), from €50,201 to €38,124
- Taxes -€5,669
down €5,669 (-65.8%), from €8,612 to €2,943
- Staff costs -€3,853
down €3,853 (-97.5%), from €3,954 to €100
- Depreciation -€1,700
down €1,700 (-12.2%), from €13,906 to €12,206
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 | €213,366 | €191,175 | -€22,191 | -10.4% |
| Fixed assets | 21/28 | €25,284 | €13,079 | -€12,206 | -48.3% |
| Tangible fixed assets | 22/27 | €25,284 | €13,079 | -€12,206 | -48.3% |
| Plant, machinery and equipment | 23 | €2,506 | €1,690 | -€817 | -32.6% |
| Furniture and vehicles | 24 | €22,778 | €11,389 | -€11,389 | -50.0% |
| Current assets | 29/58 | €188,081 | €178,096 | -€9,985 | -5.3% |
| Amounts receivable within one year | 40/41 | €137,599 | €151,291 | +€13,692 | +10.0% |
| Trade receivables | 40 | €417 | €45,397 | +€44,980 | +10,787% |
| Other amounts receivable | 41 | €137,182 | €105,894 | -€31,288 | -22.8% |
| Cash at bank and in hand | 54/58 | €50,482 | €26,805 | -€23,677 | -46.9% |
| Total equity and liabilities | 10/49 | €213,366 | €191,175 | -€22,191 | -10.4% |
| Equity | 10/15 | €156,188 | €158,482 | +€2,294 | +1.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,326 | €3,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,326 | €3,326 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,326 | €3,326 | = | 0.0% |
| Profit (loss) carried forward | 14 | €149,863 | €152,157 | +€2,294 | +1.5% |
| Amounts payable | 17/49 | €57,178 | €32,693 | -€24,485 | -42.8% |
| Amounts payable within one year | 42/48 | €57,178 | €32,693 | -€24,485 | -42.8% |
| Trade debts | 44 | €39,750 | €2,543 | -€37,207 | -93.6% |
| Suppliers | 440/4 | €39,750 | €2,543 | -€37,207 | -93.6% |
| Taxes, remuneration and social security | 45 | €17,428 | €11,277 | -€6,150 | -35.3% |
| Taxes | 450/3 | €17,428 | €11,277 | -€6,150 | -35.3% |
| Other amounts payable | 47/48 | - | €18,873 | +€18,873 | |
| Remuneration, social security and pensions | 62 | €3,954 | €100 | -€3,853 | -97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,906 | €12,206 | -€1,700 | -12.2% |
| Other operating charges | 640/8 | €1,516 | €1,475 | -€41 | -2.7% |
| Non-recurring operating charges | 66A | €3,400 | - | -€3,400 | |
| Gross operating margin | 9900 | €50,201 | €38,124 | -€12,076 | -24.1% |
| Operating profit (loss) | 9901 | €27,426 | €24,344 | -€3,082 | -11.2% |
| Financial charges | 65/66B | €149 | €234 | +€84 | +56.4% |
| Recurring financial charges | 65 | €149 | €234 | +€84 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €27,276 | €24,110 | -€3,166 | -11.6% |
| Income taxes | 67/77 | €8,612 | €2,943 | -€5,669 | -65.8% |
| Profit (loss) for the period | 9904 | €18,664 | €21,167 | +€2,503 | +13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,664 | €21,167 | +€2,503 | +13.4% |
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 29 October 2026 via checked.be.