STERNE: 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.
STERNE
Largest movements
- Receivables within one year +€14,353
up €14,353 (+331.0%), from €4,337 to €18,690
of which Other amounts receivable: +€10,686
- Stocks and contracts -€10,258
down €10,258 (-76.1%), from €13,479 to €3,221
- Cash +€4,377
up €4,377 (+98.2%), from €4,457 to €8,834
mainly Other debts (+€15,498) and Stocks and contracts (+€10,258)
- Tangible fixed assets -€2,100
no longer reported in 2024 (was €2,100)
- Formation expenses -€367
no longer reported in 2024 (was €367)
- Other debts +€15,498
new in 2024: €15,498
- Debts after one year -€7,600
no longer reported in 2024 (was €7,600)
- Profit (loss) carried forward -€5,001
down €5,001 (-43.5%), from €11,510 to €6,509
- Trade debts +€3,108
up €3,108 (+180.0%), from €1,726 to €4,835
- Other operating charges +€48,822
up €48,822 (+2392.8%), from €2,040 to €50,862
- Gross operating margin +€36,188
up €36,188 (+198.3%), from €18,247 to €54,435
- Depreciation -€6,083
down €6,083 (-71.1%), from €8,550 to €2,467
- Financial charges +€2,567
up €2,567 (+2669.7%), from €96 to €2,664
- Staff costs +€2,000
new in 2024: €2,000
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,836 | €30,842 | +€6,005 | +24.2% |
| Formation expenses | 20 | €367 | - | -€367 | |
| Fixed assets | 21/28 | €2,197 | €97 | -€2,100 | -95.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,100 | - | -€2,100 | |
| Furniture and vehicles | 24 | €2,100 | - | -€2,100 | |
| Financial fixed assets | 28 | €97 | €97 | = | 0.0% |
| Current assets | 29/58 | €22,273 | €30,745 | +€8,472 | +38.0% |
| Stocks and contracts in progress | 3 | €13,479 | €3,221 | -€10,258 | -76.1% |
| Stocks | 30/36 | €13,479 | €3,221 | -€10,258 | -76.1% |
| Amounts receivable within one year | 40/41 | €4,337 | €18,690 | +€14,353 | +331.0% |
| Trade receivables | 40 | €3,233 | €6,900 | +€3,667 | +113.4% |
| Other amounts receivable | 41 | €1,103 | €11,789 | +€10,686 | +968.5% |
| Cash at bank and in hand | 54/58 | €4,457 | €8,834 | +€4,377 | +98.2% |
| Total equity and liabilities | 10/49 | €24,836 | €30,842 | +€6,005 | +24.2% |
| Equity | 10/15 | €15,510 | €10,509 | -€5,001 | -32.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | - | €3,000 | +€3,000 | |
| Issued capital | 100 | - | €3,000 | +€3,000 | |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,510 | €6,509 | -€5,001 | -43.5% |
| Amounts payable | 17/49 | €9,326 | €20,333 | +€11,006 | +118.0% |
| Amounts payable after more than one year | 17 | €7,600 | - | -€7,600 | |
| Financial debts | 170/4 | €7,600 | - | -€7,600 | |
| Amounts payable within one year | 42/48 | €1,726 | €20,333 | +€18,606 | +1077.7% |
| Trade debts | 44 | €1,726 | €4,835 | +€3,108 | +180.0% |
| Suppliers | 440/4 | €1,726 | €4,835 | +€3,108 | +180.0% |
| Other amounts payable | 47/48 | - | €15,498 | +€15,498 | |
| Remuneration, social security and pensions | 62 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,550 | €2,467 | -€6,083 | -71.1% |
| Other operating charges | 640/8 | €2,040 | €50,862 | +€48,822 | +2392.8% |
| Gross operating margin | 9900 | €18,247 | €54,435 | +€36,188 | +198.3% |
| Operating profit (loss) | 9901 | €7,656 | -€894 | -€8,550 | |
| Financial income | 75/76B | €46 | €139 | +€93 | +204.4% |
| Recurring financial income | 75 | €46 | €139 | +€93 | +204.4% |
| Financial charges | 65/66B | €96 | €2,664 | +€2,567 | +2669.7% |
| Recurring financial charges | 65 | €96 | €2,664 | +€2,567 | +2669.7% |
| Profit (loss) for the period before taxes | 9903 | €7,606 | -€3,418 | -€11,024 | |
| Income taxes | 67/77 | - | €1,121 | +€1,121 | |
| Profit (loss) for the period | 9904 | €7,606 | -€4,539 | -€12,145 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,606 | -€4,539 | -€12,145 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.