Sterling: 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.
Sterling
Largest movements
- Financial fixed assets +€286,945
up €286,945 (+41.0%), from €699,728 to €986,673
- Cash -€12,363
down €12,363 (-97.6%), from €12,666 to €303
mainly Investment in fixed assets (net) (-€286,945) and Debts after one year (-€60,016)
- Other debts +€358,155
up €358,155 (+126.3%), from €283,506 to €641,661
- Debts after one year -€60,016
down €60,016 (-13.7%), from €437,530 to €377,514
- Profit (loss) carried forward -€36,700
down €36,700 (-92.5%), from -€39,663 to -€76,363
- Accrued charges and deferred income +€12,743
up €12,743 (+60.6%), from €21,021 to €33,764
- Financial charges +€16,135
up €16,135 (+91.8%), from €17,568 to €33,703
- Gross operating margin -€569
down €569 (-30.0%), from -€1,900 to -€2,469
- Other operating charges -€385
down €385 (-42.2%), from €912 to €528
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 | €712,394 | €986,976 | +€274,582 | +38.5% |
| Fixed assets | 21/28 | €699,728 | €986,673 | +€286,945 | +41.0% |
| Financial fixed assets | 28 | €699,728 | €986,673 | +€286,945 | +41.0% |
| Current assets | 29/58 | €12,666 | €303 | -€12,363 | -97.6% |
| Cash at bank and in hand | 54/58 | €12,666 | €303 | -€12,363 | -97.6% |
| Total equity and liabilities | 10/49 | €712,394 | €986,976 | +€274,582 | +38.5% |
| Equity | 10/15 | -€29,663 | -€66,363 | -€36,700 | -123.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,663 | -€76,363 | -€36,700 | -92.5% |
| Amounts payable | 17/49 | €742,057 | €1,053,339 | +€311,282 | +41.9% |
| Amounts payable after more than one year | 17 | €437,530 | €377,514 | -€60,016 | -13.7% |
| Financial debts | 170/4 | €437,530 | €377,514 | -€60,016 | -13.7% |
| Amounts payable within one year | 42/48 | €283,506 | €642,061 | +€358,555 | +126.5% |
| Trade debts | 44 | - | €400 | +€400 | |
| Suppliers | 440/4 | - | €400 | +€400 | |
| Other amounts payable | 47/48 | €283,506 | €641,661 | +€358,155 | +126.3% |
| Accrued charges and deferred income | 492/3 | €21,021 | €33,764 | +€12,743 | +60.6% |
| Other operating charges | 640/8 | €912 | €528 | -€385 | -42.2% |
| Gross operating margin | 9900 | -€1,900 | -€2,469 | -€569 | -30.0% |
| Operating profit (loss) | 9901 | -€2,812 | -€2,996 | -€185 | -6.6% |
| Financial charges | 65/66B | €17,568 | €33,703 | +€16,135 | +91.8% |
| Recurring financial charges | 65 | €17,568 | €33,703 | +€16,135 | +91.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,380 | -€36,700 | -€16,320 | -80.1% |
| Profit (loss) for the period | 9904 | -€20,380 | -€36,700 | -€16,320 | -80.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,380 | -€36,700 | -€16,320 | -80.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.