STERNA GROUP: 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.
STERNA GROUP
Largest movements
- Tangible fixed assets +€9,361
up €9,361 (+33.2%), from €28,155 to €37,516
- Receivables within one year +€862
up €862 (+121.9%), from €707 to €1,569
of which Trade receivables: +€602
- Other debts +€88,460
up €88,460 (+1046.5%), from €8,453 to €96,913
- Debts after one year -€35,175
no longer reported in 2025 (was €35,175)
- Trade debts -€27,282
down €27,282 (-76.6%), from €35,597 to €8,315
- Profit (loss) carried forward -€15,473
down €15,473 (-27.8%), from -€55,577 to -€71,050
- Accrued charges and deferred income -€602
no longer reported in 2025 (was €602)
- Gross operating margin +€1,246
up €1,246 (+10.0%), from -€12,417 to -€11,172
- Depreciation +€641
up €641 (+21.2%), from €3,027 to €3,667
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 | €29,250 | €39,178 | +€9,928 | +33.9% |
| Fixed assets | 21/28 | €28,155 | €37,516 | +€9,361 | +33.2% |
| Tangible fixed assets | 22/27 | €28,155 | €37,516 | +€9,361 | +33.2% |
| Other tangible fixed assets | 26 | €28,155 | €37,516 | +€9,361 | +33.2% |
| Current assets | 29/58 | €1,095 | €1,662 | +€566 | +51.7% |
| Amounts receivable within one year | 40/41 | €707 | €1,569 | +€862 | +121.9% |
| Trade receivables | 40 | €373 | €975 | +€602 | +161.6% |
| Other amounts receivable | 41 | €334 | €595 | +€260 | +77.8% |
| Cash at bank and in hand | 54/58 | €388 | €92 | -€296 | -76.2% |
| Total equity and liabilities | 10/49 | €29,250 | €39,178 | +€9,928 | +33.9% |
| Equity | 10/15 | -€50,577 | -€66,050 | -€15,473 | -30.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,577 | -€71,050 | -€15,473 | -27.8% |
| Amounts payable | 17/49 | €79,827 | €105,228 | +€25,401 | +31.8% |
| Amounts payable after more than one year | 17 | €35,175 | - | -€35,175 | |
| Financial debts | 170/4 | €35,175 | - | -€35,175 | |
| Amounts payable within one year | 42/48 | €44,050 | €105,228 | +€61,178 | +138.9% |
| Trade debts | 44 | €35,597 | €8,315 | -€27,282 | -76.6% |
| Suppliers | 440/4 | €35,597 | €8,315 | -€27,282 | -76.6% |
| Other amounts payable | 47/48 | €8,453 | €96,913 | +€88,460 | +1046.5% |
| Accrued charges and deferred income | 492/3 | €602 | - | -€602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,027 | €3,667 | +€641 | +21.2% |
| Other operating charges | 640/8 | €571 | €562 | -€9 | -1.6% |
| Gross operating margin | 9900 | -€12,417 | -€11,172 | +€1,246 | +10.0% |
| Operating profit (loss) | 9901 | -€16,015 | -€15,401 | +€614 | +3.8% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €98 | €73 | -€26 | -26.2% |
| Recurring financial charges | 65 | €98 | €73 | -€26 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,112 | -€15,473 | +€639 | +4.0% |
| Profit (loss) for the period | 9904 | -€16,112 | -€15,473 | +€639 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,112 | -€15,473 | +€639 | +4.0% |
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 29 September 2026 via checked.be.