Sterop Overseas: 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.
Sterop Overseas
Largest movements
- Receivables within one year -€2.3m
down €2.3m (-58.5%), from €3.9m to €1.6m
of which Trade receivables: -€2.4m
- Cash +€1.2m
up €1.2m (+1,346%), from €87,657 to €1.3m
mainly Receivables within one year (+€2.3m) and Net result for the year (+€481,216)
- Trade debts -€681,760
down €681,760 (-76.1%), from €895,525 to €213,765
- Other debts -€472,719
down €472,719 (-37.8%), from €1.3m to €778,311
- Gross operating margin -€937,318
down €937,318 (-50.1%), from €1.9m to €931,763
- Taxes -€196,762
down €196,762 (-53.7%), from €366,617 to €169,855
- Financial charges -€131,081
no longer reported in 2025 (was €131,081)
- Write-downs -€48,750
no longer reported in 2025 (was €48,750)
- Financial income +€47,491
up €47,491 (+2,827%), from €1,680 to €49,171
of which Financial income: +€43,301
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 | €5,229,189 | €4,074,887 | -€1.2m | -22.1% |
| Fixed assets | 21/28 | €1,206,182 | €1,201,886 | -€4,296 | -0.4% |
| Tangible fixed assets | 22/27 | €5,908 | €1,612 | -€4,296 | -72.7% |
| Plant, machinery and equipment | 23 | €5,908 | €1,612 | -€4,296 | -72.7% |
| Financial fixed assets | 28 | €1,200,274 | €1,200,274 | = | 0.0% |
| Current assets | 29/58 | €4,023,007 | €2,873,001 | -€1.2m | -28.6% |
| Stocks and contracts in progress | 3 | €37,607 | - | -€37,607 | |
| Stocks | 30/36 | €37,607 | - | -€37,607 | |
| Amounts receivable within one year | 40/41 | €3,864,410 | €1,605,443 | -€2.3m | -58.5% |
| Trade receivables | 40 | €3,760,422 | €1,397,229 | -€2.4m | -62.8% |
| Other amounts receivable | 41 | €103,988 | €208,214 | +€104,226 | +100% |
| Cash at bank and in hand | 54/58 | €87,657 | €1,267,558 | +€1.2m | +1,346% |
| Deferred charges and accrued income | 490/1 | €33,333 | - | -€33,333 | |
| Total equity and liabilities | 10/49 | €5,229,189 | €4,074,887 | -€1.2m | -22.1% |
| Equity | 10/15 | €2,347,292 | €2,348,508 | +€1,216 | +0.1% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €3,098,296 | €3,098,296 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,496 | €8,496 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Other | 1319 | €496 | €496 | = | 0.0% |
| Distributable reserves | 133 | €3,089,800 | €3,089,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€831,004 | -€829,788 | +€1,216 | +0.1% |
| Amounts payable | 17/49 | €2,881,897 | €1,726,379 | -€1.2m | -40.1% |
| Amounts payable within one year | 42/48 | €2,803,546 | €1,661,380 | -€1.1m | -40.7% |
| Financial debts | 43 | €350,000 | €350,000 | = | 0.0% |
| Credit institutions | 430/8 | €350,000 | €350,000 | = | 0.0% |
| Trade debts | 44 | €895,525 | €213,765 | -€681,760 | -76.1% |
| Suppliers | 440/4 | €895,525 | €213,765 | -€681,760 | -76.1% |
| Advances received on contracts in progress | 46 | €147,420 | €147,420 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €159,571 | €171,884 | +€12,313 | +7.7% |
| Taxes | 450/3 | €130,561 | €160,599 | +€30,038 | +23.0% |
| Remuneration and social security | 454/9 | €29,010 | €11,285 | -€17,725 | -61.1% |
| Other amounts payable | 47/48 | €1,251,030 | €778,311 | -€472,719 | -37.8% |
| Accrued charges and deferred income | 492/3 | €78,351 | €64,999 | -€13,352 | -17.0% |
| Remuneration, social security and pensions | 62 | €265,575 | €246,410 | -€19,165 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,040 | €4,296 | -€3,744 | -46.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €48,750 | - | -€48,750 | |
| Other operating charges | 640/8 | €19,194 | €4,322 | -€14,872 | -77.5% |
| Non-recurring operating charges | 66A | - | €74,835 | +€74,835 | |
| Gross operating margin | 9900 | €1,869,081 | €931,763 | -€937,318 | -50.1% |
| Operating profit (loss) | 9901 | €1,527,522 | €601,900 | -€925,622 | -60.6% |
| Financial income | 75/76B | €1,680 | €49,171 | +€47,491 | +2,827% |
| Recurring financial income | 75 | €1,680 | €44,981 | +€43,301 | +2,577% |
| Non-recurring financial income | 76B | - | €4,190 | +€4,190 | |
| Financial charges | 65/66B | €131,081 | - | -€131,081 | |
| Recurring financial charges | 65 | €131,081 | - | -€131,081 | |
| Profit (loss) for the period before taxes | 9903 | €1,398,121 | €651,071 | -€747,050 | -53.4% |
| Income taxes | 67/77 | €366,617 | €169,855 | -€196,762 | -53.7% |
| Profit (loss) for the period | 9904 | €1,031,504 | €481,216 | -€550,288 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,031,504 | €481,216 | -€550,288 | -53.3% |
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 30 October 2026 via checked.be.