STERREBUILDING: 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.
STERREBUILDING
Largest movements
- Receivables within one year -€33,400
down €33,400 (-35.7%), from €93,447 to €60,048
of which Other amounts receivable: -€33,841
- Profit (loss) carried forward -€19,770
down €19,770, from €16,292 to -€3,478
- Short-term financial debts -€11,833
down €11,833 (-10.6%), from €111,833 to €100,000
- Gross operating margin -€22,624
down €22,624, from €12,526 to -€10,098
- Other operating charges -€5,590
down €5,590 (-75.1%), from €7,439 to €1,849
- Financial charges -€729
down €729 (-8.6%), from €8,503 to €7,774
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 | €1,166,610 | €1,133,246 | -€33,364 | -2.9% |
| Current assets | 29/58 | €1,166,610 | €1,133,246 | -€33,364 | -2.9% |
| Stocks and contracts in progress | 3 | €1,010,615 | €1,007,756 | -€2,859 | -0.3% |
| Stocks | 30/36 | €734,359 | €731,500 | -€2,859 | -0.4% |
| Contracts in progress | 37 | €276,256 | €276,256 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €93,447 | €60,048 | -€33,400 | -35.7% |
| Trade receivables | 40 | €55,807 | €56,249 | +€442 | +0.8% |
| Other amounts receivable | 41 | €37,640 | €3,799 | -€33,841 | -89.9% |
| Cash at bank and in hand | 54/58 | €37,548 | €40,443 | +€2,895 | +7.7% |
| Deferred charges and accrued income | 490/1 | €25,000 | €25,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,166,610 | €1,133,246 | -€33,364 | -2.9% |
| Equity | 10/15 | €956,292 | €936,523 | -€19,770 | -2.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €840,000 | €840,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €830,000 | €830,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,292 | -€3,478 | -€19,770 | |
| Amounts payable | 17/49 | €210,318 | €196,724 | -€13,594 | -6.5% |
| Amounts payable within one year | 42/48 | €209,533 | €196,724 | -€12,809 | -6.1% |
| Financial debts | 43 | €111,833 | €100,000 | -€11,833 | -10.6% |
| Credit institutions | 430/8 | €111,833 | €100,000 | -€11,833 | -10.6% |
| Trade debts | 44 | €89,992 | €96,724 | +€6,732 | +7.5% |
| Suppliers | 440/4 | €89,992 | €96,724 | +€6,732 | +7.5% |
| Taxes, remuneration and social security | 45 | €2,709 | - | -€2,709 | |
| Taxes | 450/3 | €2,709 | - | -€2,709 | |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Accrued charges and deferred income | 492/3 | €785 | - | -€785 | |
| Other operating charges | 640/8 | €7,439 | €1,849 | -€5,590 | -75.1% |
| Gross operating margin | 9900 | €12,526 | -€10,098 | -€22,624 | |
| Operating profit (loss) | 9901 | €5,087 | -€11,947 | -€17,034 | |
| Financial income | 75/76B | €104 | - | -€104 | |
| Recurring financial income | 75 | €104 | - | -€104 | |
| Financial charges | 65/66B | €8,503 | €7,774 | -€729 | -8.6% |
| Recurring financial charges | 65 | €8,503 | €7,774 | -€729 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,313 | -€19,721 | -€16,408 | -495% |
| Income taxes | 67/77 | €47 | €49 | +€2 | +4.7% |
| Profit (loss) for the period | 9904 | -€3,359 | -€19,770 | -€16,410 | -488% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,359 | -€19,770 | -€16,410 | -488% |
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 19 October 2026 via checked.be.