SterX: 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.
SterX
Largest movements
- Cash +€10,764
up €10,764 (+32.8%), from €32,857 to €43,621
mainly Net result for the year (+€5,310) and Tax, wage and social debts (+€3,119)
- Tangible fixed assets -€2,523
down €2,523 (-52.4%), from €4,819 to €2,296
of which Furniture and vehicles: -€2,359
- Receivables within one year +€1,612
up €1,612 (+24.9%), from €6,474 to €8,085
- Profit (loss) carried forward +€5,310
up €5,310, from -€1,733 to €3,577
- Tax, wage and social debts +€3,119
up €3,119 (+35.3%), from €8,825 to €11,944
- Other debts +€2,165
up €2,165 (+9.1%), from €23,749 to €25,914
- Trade debts -€741
down €741 (-17.0%), from €4,349 to €3,608
- Gross operating margin +€6,132
up €6,132 (+78.5%), from €7,812 to €13,943
- Taxes +€2,988
up €2,988 (+261%), from €1,144 to €4,132
- Depreciation -€1,799
down €1,799 (-41.6%), from €4,322 to €2,523
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 | €44,150 | €54,002 | +€9,852 | +22.3% |
| Fixed assets | 21/28 | €4,819 | €2,296 | -€2,523 | -52.4% |
| Tangible fixed assets | 22/27 | €4,819 | €2,296 | -€2,523 | -52.4% |
| Plant, machinery and equipment | 23 | €560 | €396 | -€164 | -29.3% |
| Furniture and vehicles | 24 | €4,259 | €1,900 | -€2,359 | -55.4% |
| Current assets | 29/58 | €39,331 | €51,706 | +€12,375 | +31.5% |
| Amounts receivable within one year | 40/41 | €6,474 | €8,085 | +€1,612 | +24.9% |
| Trade receivables | 40 | €6,474 | €8,085 | +€1,612 | +24.9% |
| Cash at bank and in hand | 54/58 | €32,857 | €43,621 | +€10,764 | +32.8% |
| Total equity and liabilities | 10/49 | €44,150 | €54,002 | +€9,852 | +22.3% |
| Equity | 10/15 | €7,227 | €12,537 | +€5,310 | +73.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €2,760 | €2,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,733 | €3,577 | +€5,310 | |
| Amounts payable | 17/49 | €36,923 | €41,466 | +€4,543 | +12.3% |
| Amounts payable within one year | 42/48 | €36,923 | €41,466 | +€4,543 | +12.3% |
| Trade debts | 44 | €4,349 | €3,608 | -€741 | -17.0% |
| Suppliers | 440/4 | €4,349 | €3,608 | -€741 | -17.0% |
| Taxes, remuneration and social security | 45 | €8,825 | €11,944 | +€3,119 | +35.3% |
| Taxes | 450/3 | €8,825 | €11,944 | +€3,119 | +35.3% |
| Other amounts payable | 47/48 | €23,749 | €25,914 | +€2,165 | +9.1% |
| Remuneration, social security and pensions | 62 | €405 | €426 | +€21 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,322 | €2,523 | -€1,799 | -41.6% |
| Other operating charges | 640/8 | €1,342 | €1,389 | +€47 | +3.5% |
| Gross operating margin | 9900 | €7,812 | €13,943 | +€6,132 | +78.5% |
| Operating profit (loss) | 9901 | €1,743 | €9,606 | +€7,862 | +451% |
| Financial income | 75/76B | €4 | €19 | +€16 | +454% |
| Recurring financial income | 75 | €4 | €19 | +€16 | +454% |
| Financial charges | 65/66B | €175 | €184 | +€9 | +5.2% |
| Recurring financial charges | 65 | €175 | €184 | +€9 | +5.2% |
| Profit (loss) for the period before taxes | 9903 | €1,572 | €9,441 | +€7,869 | +501% |
| Income taxes | 67/77 | €1,144 | €4,132 | +€2,988 | +261% |
| Profit (loss) for the period | 9904 | €428 | €5,310 | +€4,881 | +1,139% |
| Profit (loss) for the period to be appropriated | 9905 | €428 | €5,310 | +€4,881 | +1,139% |
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 26 October 2026 via checked.be.