Sterling Group: 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.
What changed
Sterling Group
NACE 46.711, Wholesale of cars and light vans (up to 3.5 tonnes)
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€42,162
2024 · -€39,538+€81,700
Equity
-€12,486
2024 · -€54,648+€42,162
Cash
€104,204
2024 · €111,988-€7,784
Balance sheet total
€5.4m
2024 · €4.8m+€598,191
Largest movements
Assets
- Receivables within one year +€661,253
up €661,253 (+172%), from €384,462 to €1.0m
of which Trade receivables: +€731,500
- Tangible fixed assets -€87,972
down €87,972 (-57.2%), from €153,918 to €65,946
of which Land and buildings: -€56,688
- Deferred charges and accrued income +€56,142
up €56,142 (+544%), from €10,327 to €66,469
Equity and liabilities
- Trade debts +€641,966
up €641,966 (+14.4%), from €4.5m to €5.1m
- Accrued charges and deferred income -€63,945
no longer reported in 2025 (was €63,945)
Income statement
- Goods and materials -€2.4m
down €2.4m (-13.0%), from €18.4m to €16.0m
- Turnover -€2.0m
down €2.0m (-10.6%), from €18.9m to €16.9m
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.
Result 2024
-€39,538
Turnover
-€2.0m
Other operating income
-€2,335
Goods and materials
+€2.4m
Services and other goods
-€55,376
Staff costs
-€20,401
Depreciation
-€132
Other operating charges
-€153,738
Financial income
+€1,318
Financial charges
-€83,224
Result 2025
€42,162
raises the resultlowers the result
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.
From operations
+€27,649
Investment
-€753
Financing
-€34,680
Cash 2024
€111,988
From operations (derived)
+€27,649
Net result for the year
+€42,162
Depreciation
+€89,776
Stocks and contracts
+€22,397
Receivables within one year
-€661,253
Deferred charges and accrued income
-€56,142
Trade debts
+€641,966
Tax, wage and social debts
+€40,291
Other debts
-€27,605
Accrued charges and deferred income
-€63,945
Investment (derived)
-€753
Investment in fixed assets (net)
-€1,804
Current investments
+€1,051
Financing
-€34,680
Debts after one year
-€34,680
Cash 2025
€104,204
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,772,787 | €5,370,978 | +€598,191 | +12.5% |
| Fixed assets | 21/28 | €286,418 | €198,446 | -€87,972 | -30.7% |
| Tangible fixed assets | 22/27 | €153,918 | €65,946 | -€87,972 | -57.2% |
| Land and buildings | 22 | €97,540 | €40,852 | -€56,688 | -58.1% |
| Plant, machinery and equipment | 23 | €4,313 | €2,972 | -€1,341 | -31.1% |
| Furniture and vehicles | 24 | €52,064 | €22,122 | -€29,942 | -57.5% |
| Financial fixed assets | 28 | €132,500 | €132,500 | = | 0.0% |
| Other financial fixed assets | 284/8 | €132,500 | €132,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €132,500 | €132,500 | = | 0.0% |
| Current assets | 29/58 | €4,486,369 | €5,172,532 | +€686,163 | +15.3% |
| Stocks and contracts in progress | 3 | €3,978,542 | €3,956,145 | -€22,397 | -0.6% |
| Stocks | 30/36 | €3,978,542 | €3,956,145 | -€22,397 | -0.6% |
| Goods purchased for resale | 34 | €3,978,542 | €3,956,145 | -€22,397 | -0.6% |
| Amounts receivable within one year | 40/41 | €384,462 | €1,045,715 | +€661,253 | +172% |
| Trade receivables | 40 | €314,067 | €1,045,566 | +€731,500 | +233% |
| Other amounts receivable | 41 | €70,395 | €148 | -€70,247 | -99.8% |
| Current investments | 50/53 | €1,051 | - | -€1,051 | |
| Other investments | 51/53 | €1,051 | - | -€1,051 | |
| Cash at bank and in hand | 54/58 | €111,988 | €104,204 | -€7,784 | -7.0% |
| Deferred charges and accrued income | 490/1 | €10,327 | €66,469 | +€56,142 | +544% |
| Total equity and liabilities | 10/49 | €4,772,787 | €5,370,978 | +€598,191 | +12.5% |
| Equity | 10/15 | -€54,648 | -€12,486 | +€42,162 | +77.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€154,648 | -€112,486 | +€42,162 | +27.3% |
| Amounts payable | 17/49 | €4,827,435 | €5,383,464 | +€556,029 | +11.5% |
| Amounts payable after more than one year | 17 | €275,090 | €240,410 | -€34,680 | -12.6% |
| Financial debts | 170/4 | €275,090 | €240,410 | -€34,680 | -12.6% |
| Other loans | 174 | €275,090 | €240,410 | -€34,680 | -12.6% |
| Amounts payable within one year | 42/48 | €4,488,401 | €5,143,054 | +€654,653 | +14.6% |
| Trade debts | 44 | €4,456,566 | €5,098,532 | +€641,966 | +14.4% |
| Suppliers | 440/4 | €4,456,566 | €5,098,532 | +€641,966 | +14.4% |
| Taxes, remuneration and social security | 45 | €2,432 | €42,724 | +€40,291 | +1,657% |
| Taxes | 450/3 | €2,432 | €37,693 | +€35,261 | +1,450% |
| Remuneration and social security | 454/9 | - | €5,031 | +€5,031 | |
| Other amounts payable | 47/48 | €29,403 | €1,798 | -€27,605 | -93.9% |
| Accrued charges and deferred income | 492/3 | €63,945 | - | -€63,945 | |
| Operating income | 70/76A | €18,882,694 | €16,888,528 | -€2.0m | -10.6% |
| Turnover | 70 | €18,875,250 | €16,883,419 | -€2.0m | -10.6% |
| Other operating income | 74 | €7,444 | €5,109 | -€2,335 | -31.4% |
| Operating charges | 60/66A | €18,915,360 | €16,757,588 | -€2.2m | -11.4% |
| Goods for resale, raw materials and consumables | 60 | €18,419,885 | €16,032,466 | -€2.4m | -13.0% |
| Purchases | 600/8 | €18,419,885 | €16,032,466 | -€2.4m | -13.0% |
| Services and other goods | 61 | €280,296 | €335,673 | +€55,376 | +19.8% |
| Remuneration, social security and pensions | 62 | €106,368 | €126,769 | +€20,401 | +19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,644 | €89,776 | +€132 | +0.1% |
| Other operating charges | 640/8 | €19,166 | €172,905 | +€153,738 | +802% |
| Operating profit (loss) | 9901 | -€32,666 | €130,940 | +€163,606 | |
| Financial income | 75/76B | €1,259 | €2,577 | +€1,318 | +105% |
| Recurring financial income | 75 | €1,259 | €2,577 | +€1,318 | +105% |
| Other financial income | 752/9 | €1,259 | €2,577 | +€1,318 | +105% |
| Financial charges | 65/66B | €8,130 | €91,354 | +€83,224 | +1,024% |
| Recurring financial charges | 65 | €8,130 | €91,354 | +€83,224 | +1,024% |
| Other financial charges | 652/9 | €8,130 | €91,354 | +€83,224 | +1,024% |
| Profit (loss) for the period before taxes | 9903 | -€39,538 | €42,162 | +€81,700 | |
| Profit (loss) for the period | 9904 | -€39,538 | €42,162 | +€81,700 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,538 | €42,162 | +€81,700 |
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 13 October 2026 via checked.be.