STERNAA: 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.
STERNAA
Largest movements
- Receivables within one year +€4,656
up €4,656 (+45.8%), from €10,160 to €14,816
- Cash +€1,469
up €1,469 (+88.3%), from €1,664 to €3,133
mainly Net result for the year (+€6,886) and Trade debts (+€3,334)
- Stocks and contracts +€599
up €599 (+76.1%), from €787 to €1,386
- Profit (loss) carried forward +€6,886
up €6,886, from -€2,538 to €4,348
- Trade debts +€3,334
up €3,334 (+168.6%), from €1,977 to €5,311
- Tax, wage and social debts -€2,602
down €2,602 (-43.6%), from €5,969 to €3,367
- Other debts -€894
no longer reported in 2025 (was €894)
- Gross operating margin -€6,590
down €6,590 (-47.5%), from €13,886 to €7,296
- Financial charges -€637
down €637 (-76.6%), from €832 to €195
- Other operating charges -€579
down €579 (-72.9%), from €794 to €215
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 | €12,611 | €19,335 | +€6,724 | +53.3% |
| Current assets | 29/58 | €12,611 | €19,335 | +€6,724 | +53.3% |
| Stocks and contracts in progress | 3 | €787 | €1,386 | +€599 | +76.1% |
| Stocks | 30/36 | €787 | €1,386 | +€599 | +76.1% |
| Amounts receivable within one year | 40/41 | €10,160 | €14,816 | +€4,656 | +45.8% |
| Other amounts receivable | 41 | €10,160 | €14,816 | +€4,656 | +45.8% |
| Cash at bank and in hand | 54/58 | €1,664 | €3,133 | +€1,469 | +88.3% |
| Total equity and liabilities | 10/49 | €12,611 | €19,335 | +€6,724 | +53.3% |
| Equity | 10/15 | €3,771 | €10,657 | +€6,886 | +182.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109 | €109 | = | 0.0% |
| Non-distributable reserves | 130/1 | €109 | €109 | = | 0.0% |
| Reserves not available under the articles | 1311 | €109 | €109 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,538 | €4,348 | +€6,886 | |
| Amounts payable | 17/49 | €8,840 | €8,678 | -€162 | -1.8% |
| Amounts payable within one year | 42/48 | €8,840 | €8,678 | -€162 | -1.8% |
| Trade debts | 44 | €1,977 | €5,311 | +€3,334 | +168.6% |
| Suppliers | 440/4 | €1,977 | €5,311 | +€3,334 | +168.6% |
| Taxes, remuneration and social security | 45 | €5,969 | €3,367 | -€2,602 | -43.6% |
| Taxes | 450/3 | €5,969 | €3,367 | -€2,602 | -43.6% |
| Other amounts payable | 47/48 | €894 | - | -€894 | |
| Other operating charges | 640/8 | €794 | €215 | -€579 | -72.9% |
| Gross operating margin | 9900 | €13,886 | €7,296 | -€6,590 | -47.5% |
| Operating profit (loss) | 9901 | €13,092 | €7,081 | -€6,011 | -45.9% |
| Financial charges | 65/66B | €832 | €195 | -€637 | -76.6% |
| Recurring financial charges | 65 | €832 | €195 | -€637 | -76.6% |
| Profit (loss) for the period before taxes | 9903 | €12,260 | €6,886 | -€5,374 | -43.8% |
| Profit (loss) for the period | 9904 | €12,260 | €6,886 | -€5,374 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,260 | €6,886 | -€5,374 | -43.8% |
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 2 October 2026 via checked.be.