STERLANDRIX: 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.
STERLANDRIX
Largest movements
- Tangible fixed assets +€6,321
up €6,321 (+237%), from €2,665 to €8,986
of which Furniture and vehicles: +€6,613
- Cash +€5,162
up €5,162 (+121%), from €4,283 to €9,444
mainly Net result for the year (+€23,371) and Other debts (+€8,948)
- Receivables within one year -€2,809
down €2,809 (-10.5%), from €26,670 to €23,861
of which Trade receivables: -€1,851
- Deferred charges and accrued income +€657
up €657 (+30.5%), from €2,152 to €2,809
- Other debts +€8,948
up €8,948 (+360%), from €2,488 to €11,436
- Profit (loss) carried forward +€3,853
up €3,853 (+30.8%), from €12,518 to €16,371
- Tax, wage and social debts -€2,605
down €2,605 (-28.9%), from €8,998 to €6,394
- Trade debts -€865
down €865 (-49.0%), from €1,765 to €900
- Gross operating margin +€8,574
up €8,574 (+15.2%), from €56,405 to €64,980
- Taxes +€2,011
up €2,011 (+44.3%), from €4,543 to €6,554
- Financial charges -€1,872
down €1,872 (-5.4%), from €34,643 to €32,771
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 | €35,770 | €45,101 | +€9,331 | +26.1% |
| Fixed assets | 21/28 | €2,665 | €8,986 | +€6,321 | +237% |
| Tangible fixed assets | 22/27 | €2,665 | €8,986 | +€6,321 | +237% |
| Plant, machinery and equipment | 23 | €291 | - | -€291 | |
| Furniture and vehicles | 24 | €2,374 | €8,986 | +€6,613 | +279% |
| Current assets | 29/58 | €33,105 | €36,114 | +€3,010 | +9.1% |
| Amounts receivable within one year | 40/41 | €26,670 | €23,861 | -€2,809 | -10.5% |
| Trade receivables | 40 | €25,713 | €23,861 | -€1,851 | -7.2% |
| Other amounts receivable | 41 | €957 | - | -€957 | |
| Cash at bank and in hand | 54/58 | €4,283 | €9,444 | +€5,162 | +121% |
| Deferred charges and accrued income | 490/1 | €2,152 | €2,809 | +€657 | +30.5% |
| Total equity and liabilities | 10/49 | €35,770 | €45,101 | +€9,331 | +26.1% |
| Equity | 10/15 | €22,518 | €26,371 | +€3,853 | +17.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,518 | €16,371 | +€3,853 | +30.8% |
| Amounts payable | 17/49 | €13,252 | €18,730 | +€5,478 | +41.3% |
| Amounts payable within one year | 42/48 | €13,252 | €18,730 | +€5,478 | +41.3% |
| Trade debts | 44 | €1,765 | €900 | -€865 | -49.0% |
| Suppliers | 440/4 | €1,765 | €900 | -€865 | -49.0% |
| Taxes, remuneration and social security | 45 | €8,998 | €6,394 | -€2,605 | -28.9% |
| Taxes | 450/3 | €8,998 | €6,394 | -€2,605 | -28.9% |
| Other amounts payable | 47/48 | €2,488 | €11,436 | +€8,948 | +360% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,335 | €1,959 | +€623 | +46.7% |
| Other operating charges | 640/8 | €285 | €394 | +€109 | +38.2% |
| Gross operating margin | 9900 | €56,405 | €64,980 | +€8,574 | +15.2% |
| Operating profit (loss) | 9901 | €54,785 | €62,627 | +€7,842 | +14.3% |
| Financial income | 75/76B | - | €69 | +€69 | |
| Recurring financial income | 75 | - | €69 | +€69 | |
| Financial charges | 65/66B | €34,643 | €32,771 | -€1,872 | -5.4% |
| Recurring financial charges | 65 | €34,643 | €32,771 | -€1,872 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €20,141 | €29,925 | +€9,783 | +48.6% |
| Income taxes | 67/77 | €4,543 | €6,554 | +€2,011 | +44.3% |
| Profit (loss) for the period | 9904 | €15,599 | €23,371 | +€7,772 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,599 | €23,371 | +€7,772 | +49.8% |
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.