STERO 77: 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.
STERO 77
Largest movements
- Receivables after one year -€6,297
no longer reported in 2025 (was €6,297)
- Cash +€6,036
up €6,036 (+19.5%), from €30,896 to €36,932
mainly Receivables after one year (+€6,297) and Receivables within one year (+€2,842)
- Receivables within one year -€2,842
down €2,842 (-99.0%), from €2,871 to €29
- Tangible fixed assets -€1,512
down €1,512 (-29.8%), from €5,070 to €3,558
- Profit (loss) carried forward -€3,823
down €3,823 (-105%), from -€3,652 to -€7,476
- Other debts -€1,125
down €1,125 (-29.6%), from €3,799 to €2,674
- Gross operating margin -€1,891
down €1,891, from €46 to -€1,845
- Financial income -€240
down €240 (-71.1%), from €338 to €98
- Depreciation +€54
up €54 (+3.7%), from €1,459 to €1,512
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,134 | €40,520 | -€4,614 | -10.2% |
| Fixed assets | 21/28 | €5,070 | €3,558 | -€1,512 | -29.8% |
| Tangible fixed assets | 22/27 | €5,070 | €3,558 | -€1,512 | -29.8% |
| Plant, machinery and equipment | 23 | €5,070 | €3,558 | -€1,512 | -29.8% |
| Current assets | 29/58 | €40,064 | €36,961 | -€3,102 | -7.7% |
| Amounts receivable after more than one year | 29 | €6,297 | - | -€6,297 | |
| Other amounts receivable | 291 | €6,297 | - | -€6,297 | |
| Amounts receivable within one year | 40/41 | €2,871 | €29 | -€2,842 | -99.0% |
| Other amounts receivable | 41 | €2,871 | €29 | -€2,842 | -99.0% |
| Cash at bank and in hand | 54/58 | €30,896 | €36,932 | +€6,036 | +19.5% |
| Total equity and liabilities | 10/49 | €45,134 | €40,520 | -€4,614 | -10.2% |
| Equity | 10/15 | €41,200 | €37,377 | -€3,823 | -9.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,853 | €39,853 | = | 0.0% |
| Distributable reserves | 133 | €39,853 | €39,853 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,652 | -€7,476 | -€3,823 | -105% |
| Amounts payable | 17/49 | €3,934 | €3,143 | -€791 | -20.1% |
| Amounts payable within one year | 42/48 | €3,934 | €3,143 | -€791 | -20.1% |
| Trade debts | 44 | - | €229 | +€229 | |
| Suppliers | 440/4 | - | €229 | +€229 | |
| Taxes, remuneration and social security | 45 | €135 | €241 | +€106 | +78.1% |
| Taxes | 450/3 | €135 | €241 | +€106 | +78.1% |
| Other amounts payable | 47/48 | €3,799 | €2,674 | -€1,125 | -29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,459 | €1,512 | +€54 | +3.7% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €46 | -€1,845 | -€1,891 | |
| Operating profit (loss) | 9901 | -€1,800 | -€3,757 | -€1,957 | -109% |
| Financial income | 75/76B | €338 | €98 | -€240 | -71.1% |
| Recurring financial income | 75 | €338 | €98 | -€240 | -71.1% |
| Financial charges | 65/66B | €165 | €164 | -€1 | -0.5% |
| Recurring financial charges | 65 | €165 | €164 | -€1 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,627 | -€3,823 | -€2,196 | -135% |
| Profit (loss) for the period | 9904 | -€1,627 | -€3,823 | -€2,196 | -135% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,627 | -€3,823 | -€2,196 | -135% |
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 27 October 2026 via checked.be.