STES CONSULTANT: 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.
STES CONSULTANT
Largest movements
- Receivables within one year +€69,268
up €69,268 (+360.7%), from €19,202 to €88,470
of which Trade receivables: +€74,647
- Tangible fixed assets +€60,200
up €60,200 (+191.8%), from €31,388 to €91,588
of which Leasing and similar rights: +€57,928
- Cash +€30,387
up €30,387 (+52.9%), from €57,402 to €87,789
mainly Debts after one year (+€107,435) and Net result for the year (+€52,614)
- Stocks and contracts -€17,732
down €17,732 (-63.3%), from €27,999 to €10,267
- Intangible fixed assets -€16,200
down €16,200 (-20.0%), from €81,000 to €64,800
- Debts after one year +€107,435
up €107,435 (+465.0%), from €23,102 to €130,537
of which Other amounts payable: +€70,000
- Reserves +€50,000
up €50,000 (+166.7%), from €30,000 to €80,000
- Other debts -€48,294
down €48,294 (-55.1%), from €87,600 to €39,306
- Trade debts +€15,395
up €15,395 (+34.5%), from €44,671 to €60,066
- Profit (loss) carried forward -€12,386
down €12,386 (-71.1%), from €17,418 to €5,031
- Gross operating margin +€133,612
up €133,612 (+207.0%), from €64,546 to €198,158
- Financial charges +€41,414
up €41,414 (+639.8%), from €6,473 to €47,887
- Taxes +€21,209
up €21,209 (+557.7%), from €3,803 to €25,012
- Depreciation +€13,752
up €13,752 (+56.5%), from €24,331 to €38,083
- Staff costs +€10,041
up €10,041 (+40.9%), from €24,541 to €34,581
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.
Cash bridge derived
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 | €225,514 | €348,095 | +€122,581 | +54.4% |
| Fixed assets | 21/28 | €112,388 | €156,388 | +€44,000 | +39.2% |
| Intangible fixed assets | 21 | €81,000 | €64,800 | -€16,200 | -20.0% |
| Tangible fixed assets | 22/27 | €31,388 | €91,588 | +€60,200 | +191.8% |
| Land and buildings | 22 | €190 | €0 | -€190 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | €969 | +€969 | |
| Furniture and vehicles | 24 | €0 | €1,493 | +€1,493 | |
| Leasing and similar rights | 25 | €31,198 | €89,126 | +€57,928 | +185.7% |
| Current assets | 29/58 | €113,126 | €191,707 | +€78,581 | +69.5% |
| Stocks and contracts in progress | 3 | €27,999 | €10,267 | -€17,732 | -63.3% |
| Stocks | 30/36 | €27,999 | €10,267 | -€17,732 | -63.3% |
| Amounts receivable within one year | 40/41 | €19,202 | €88,470 | +€69,268 | +360.7% |
| Trade receivables | 40 | €11,263 | €85,910 | +€74,647 | +662.7% |
| Other amounts receivable | 41 | €7,938 | €2,560 | -€5,378 | -67.7% |
| Cash at bank and in hand | 54/58 | €57,402 | €87,789 | +€30,387 | +52.9% |
| Deferred charges and accrued income | 490/1 | €8,523 | €5,180 | -€3,343 | -39.2% |
| Total equity and liabilities | 10/49 | €225,514 | €348,095 | +€122,581 | +54.4% |
| Equity | 10/15 | €49,918 | €87,531 | +€37,614 | +75.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,000 | €80,000 | +€50,000 | +166.7% |
| Distributable reserves | 133 | €30,000 | €80,000 | +€50,000 | +166.7% |
| Profit (loss) carried forward | 14 | €17,418 | €5,031 | -€12,386 | -71.1% |
| Amounts payable | 17/49 | €175,596 | €260,563 | +€84,967 | +48.4% |
| Amounts payable after more than one year | 17 | €23,102 | €130,537 | +€107,435 | +465.0% |
| Financial debts | 170/4 | €23,102 | €60,537 | +€37,435 | +162.0% |
| Other amounts payable | 178/9 | - | €70,000 | +€70,000 | |
| Amounts payable within one year | 42/48 | €152,145 | €129,675 | -€22,470 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €13,003 | €21,819 | +€8,816 | +67.8% |
| Trade debts | 44 | €44,671 | €60,066 | +€15,395 | +34.5% |
| Suppliers | 440/4 | €44,671 | €60,066 | +€15,395 | +34.5% |
| Taxes, remuneration and social security | 45 | €6,872 | €8,484 | +€1,613 | +23.5% |
| Taxes | 450/3 | €4,311 | €3,772 | -€539 | -12.5% |
| Remuneration and social security | 454/9 | €2,560 | €4,712 | +€2,152 | +84.0% |
| Other amounts payable | 47/48 | €87,600 | €39,306 | -€48,294 | -55.1% |
| Accrued charges and deferred income | 492/3 | €349 | €351 | +€2 | +0.6% |
| Remuneration, social security and pensions | 62 | €24,541 | €34,581 | +€10,041 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,331 | €38,083 | +€13,752 | +56.5% |
| Other operating charges | 640/8 | €1,907 | €2,691 | +€784 | +41.1% |
| Gross operating margin | 9900 | €64,546 | €198,158 | +€133,612 | +207.0% |
| Operating profit (loss) | 9901 | €13,767 | €122,803 | +€109,036 | +792.0% |
| Financial income | 75/76B | €7,565 | €2,710 | -€4,855 | -64.2% |
| Recurring financial income | 75 | €17 | €3 | -€14 | -84.5% |
| Non-recurring financial income | 76B | €7,549 | €2,707 | -€4,841 | -64.1% |
| Financial charges | 65/66B | €6,473 | €47,887 | +€41,414 | +639.8% |
| Recurring financial charges | 65 | €6,473 | €47,887 | +€41,414 | +639.8% |
| Profit (loss) for the period before taxes | 9903 | €14,859 | €77,626 | +€62,766 | +422.4% |
| Income taxes | 67/77 | €3,803 | €25,012 | +€21,209 | +557.7% |
| Profit (loss) for the period | 9904 | €11,056 | €52,614 | +€41,557 | +375.9% |
| Profit (loss) for the period to be appropriated | 9905 | €11,056 | €52,614 | +€41,557 | +375.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.