STERLIN: what changed
Two fiscal 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.
STERLIN
Largest movements
- Cash +€43,360
up €43,360 (+29.7%), from €145,958 to €189,318
mainly Net result for the year (+€71,607) and Depreciation (+€19,862)
- Tangible fixed assets -€19,862
down €19,862 (-2.3%), from €880,471 to €860,610
- Reserves +€71,607
up €71,607 (+23.7%), from €302,627 to €374,234
- Debts after one year -€43,931
down €43,931 (-34.6%), from €127,013 to €83,082
No income-statement line moved by more than 1% of the activity.
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.
Cash bridge derived
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 | €1,027,314 | €1,053,715 | +€26,401 | +2.6% |
| Fixed assets | 21/28 | €880,471 | €860,610 | -€19,862 | -2.3% |
| Tangible fixed assets | 22/27 | €880,471 | €860,610 | -€19,862 | -2.3% |
| Land and buildings | 22 | €880,471 | €860,610 | -€19,862 | -2.3% |
| Current assets | 29/58 | €146,843 | €193,105 | +€46,262 | +31.5% |
| Amounts receivable within one year | 40/41 | €885 | €150 | -€735 | -83.1% |
| Other amounts receivable | 41 | €885 | €150 | -€735 | -83.1% |
| Cash at bank and in hand | 54/58 | €145,958 | €189,318 | +€43,360 | +29.7% |
| Deferred charges and accrued income | 490/1 | €0 | €3,637 | +€3,637 | |
| Total equity and liabilities | 10/49 | €1,027,314 | €1,053,715 | +€26,401 | +2.6% |
| Equity | 10/15 | €849,627 | €921,234 | +€71,607 | +8.4% |
| Contributions | 10/11 | €547,000 | €547,000 | = | 0.0% |
| Reserves | 13 | €302,627 | €374,234 | +€71,607 | +23.7% |
| Distributable reserves | 133 | €302,627 | €374,234 | +€71,607 | +23.7% |
| Amounts payable | 17/49 | €177,687 | €132,481 | -€45,206 | -25.4% |
| Amounts payable after more than one year | 17 | €127,013 | €83,082 | -€43,931 | -34.6% |
| Financial debts | 170/4 | €127,013 | €83,082 | -€43,931 | -34.6% |
| Amounts payable within one year | 42/48 | €50,549 | €48,966 | -€1,583 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €43,505 | €43,931 | +€425 | +1.0% |
| Trade debts | 44 | €2,118 | €0 | -€2,118 | -100.0% |
| Suppliers | 440/4 | €2,118 | €0 | -€2,118 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,841 | €1,950 | +€109 | +5.9% |
| Taxes | 450/3 | €1,841 | €1,950 | +€109 | +5.9% |
| Other amounts payable | 47/48 | €3,085 | €3,085 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €125 | €433 | +€308 | +246.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,862 | €19,862 | = | 0.0% |
| Other operating charges | 640/8 | €1,207 | €1,218 | +€11 | +0.9% |
| Non-recurring operating charges | 66A | €3,465 | €0 | -€3,465 | -100.0% |
| Gross operating margin | 9900 | €119,014 | €118,130 | -€884 | -0.7% |
| Operating profit (loss) | 9901 | €94,479 | €97,050 | +€2,570 | +2.7% |
| Financial charges | 65/66B | €2,010 | €1,591 | -€419 | -20.9% |
| Recurring financial charges | 65 | €2,010 | €1,591 | -€419 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €92,469 | €95,459 | +€2,990 | +3.2% |
| Income taxes | 67/77 | €23,096 | €23,852 | +€756 | +3.3% |
| Profit (loss) for the period | 9904 | €69,373 | €71,607 | +€2,234 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,373 | €71,607 | +€2,234 | +3.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.