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
- Tangible fixed assets -€11,079
down €11,079 (-18.8%), from €58,941 to €47,862
of which Plant, machinery and equipment: -€6,349
- Receivables within one year +€5,325
up €5,325 (+71.1%), from €7,489 to €12,814
of which Trade receivables: +€5,293
- Other debts -€41,138
down €41,138 (-76.6%), from €53,696 to €12,558
- Profit (loss) carried forward +€32,986
up €32,986 (+74.7%), from -€44,183 to -€11,197
- Tax, wage and social debts +€3,336
up €3,336 (+83.0%), from €4,017 to €7,353
- Trade debts -€731
down €731 (-78.6%), from €930 to €199
- Gross operating margin +€45,837
up €45,837 (+505.1%), from €9,074 to €54,911
- Financial charges -€2,131
down €2,131 (-31.3%), from €6,805 to €4,674
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 | €66,864 | €61,317 | -€5,547 | -8.3% |
| Fixed assets | 21/28 | €58,941 | €47,862 | -€11,079 | -18.8% |
| Tangible fixed assets | 22/27 | €58,941 | €47,862 | -€11,079 | -18.8% |
| Plant, machinery and equipment | 23 | €32,451 | €26,102 | -€6,349 | -19.6% |
| Furniture and vehicles | 24 | €26,490 | €21,760 | -€4,731 | -17.9% |
| Current assets | 29/58 | €7,923 | €13,455 | +€5,532 | +69.8% |
| Amounts receivable within one year | 40/41 | €7,489 | €12,814 | +€5,325 | +71.1% |
| Trade receivables | 40 | €7,412 | €12,705 | +€5,293 | +71.4% |
| Other amounts receivable | 41 | €77 | €109 | +€32 | +41.5% |
| Cash at bank and in hand | 54/58 | €434 | €641 | +€207 | +47.7% |
| Total equity and liabilities | 10/49 | €66,864 | €61,317 | -€5,547 | -8.3% |
| Equity | 10/15 | -€23,778 | €9,208 | +€32,986 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,183 | -€11,197 | +€32,986 | +74.7% |
| Amounts payable | 17/49 | €90,643 | €52,109 | -€38,533 | -42.5% |
| Amounts payable after more than one year | 17 | €32,000 | €32,000 | = | 0.0% |
| Other amounts payable | 178/9 | €32,000 | €32,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €58,643 | €20,109 | -€38,533 | -65.7% |
| Trade debts | 44 | €930 | €199 | -€731 | -78.6% |
| Suppliers | 440/4 | €930 | €199 | -€731 | -78.6% |
| Taxes, remuneration and social security | 45 | €4,017 | €7,353 | +€3,336 | +83.0% |
| Taxes | 450/3 | €4,017 | €7,353 | +€3,336 | +83.0% |
| Other amounts payable | 47/48 | €53,696 | €12,558 | -€41,138 | -76.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,808 | €16,209 | +€401 | +2.5% |
| Other operating charges | 640/8 | €746 | €701 | -€45 | -6.0% |
| Gross operating margin | 9900 | €9,074 | €54,911 | +€45,837 | +505.1% |
| Operating profit (loss) | 9901 | -€7,480 | €38,002 | +€45,481 | |
| Financial charges | 65/66B | €6,805 | €4,674 | -€2,131 | -31.3% |
| Recurring financial charges | 65 | €6,805 | €4,674 | -€2,131 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,285 | €33,328 | +€47,613 | |
| Income taxes | 67/77 | €349 | €342 | -€7 | -2.0% |
| Profit (loss) for the period | 9904 | -€14,634 | €32,986 | +€47,620 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,634 | €32,986 | +€47,620 |
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 5 October 2026 via checked.be.