STETEC-CONSULTING: 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.
STETEC-CONSULTING
Largest movements
- Cash -€88,543
down €88,543 (-70.8%), from €125,069 to €36,526
mainly Contributions, distributions and other (-€214,000) and Investment in fixed assets (net) (-€87,382)
- Tangible fixed assets +€71,130
up €71,130 (+365%), from €19,489 to €90,619
of which Furniture and vehicles: +€62,137
- Receivables within one year -€61,850
down €61,850 (-63.4%), from €97,527 to €35,676
of which Other amounts receivable: -€62,199
- Intangible fixed assets -€7,925
down €7,925 (-10.3%), from €77,236 to €69,311
- Profit (loss) carried forward -€180,878
down €180,878 (-62.0%), from €291,564 to €110,686
- Other debts +€94,198
new in 2025: €94,198
- Gross operating margin +€22,114
up €22,114 (+45.6%), from €48,526 to €70,640
- Depreciation +€12,926
up €12,926 (+115%), from €11,251 to €24,177
- Other operating charges +€3,111
up €3,111 (+77.9%), from €3,992 to €7,103
- Taxes -€2,380
down €2,380 (-28.7%), from €8,298 to €5,918
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 | €319,321 | €232,133 | -€87,188 | -27.3% |
| Fixed assets | 21/28 | €96,725 | €159,930 | +€63,205 | +65.3% |
| Intangible fixed assets | 21 | €77,236 | €69,311 | -€7,925 | -10.3% |
| Tangible fixed assets | 22/27 | €19,489 | €90,619 | +€71,130 | +365% |
| Furniture and vehicles | 24 | €5,143 | €67,280 | +€62,137 | +1,208% |
| Other tangible fixed assets | 26 | €14,346 | €23,339 | +€8,993 | +62.7% |
| Current assets | 29/58 | €222,595 | €72,202 | -€150,393 | -67.6% |
| Amounts receivable within one year | 40/41 | €97,527 | €35,676 | -€61,850 | -63.4% |
| Trade receivables | 40 | €10,919 | €11,268 | +€348 | +3.2% |
| Other amounts receivable | 41 | €86,607 | €24,409 | -€62,199 | -71.8% |
| Cash at bank and in hand | 54/58 | €125,069 | €36,526 | -€88,543 | -70.8% |
| Total equity and liabilities | 10/49 | €319,321 | €232,133 | -€87,188 | -27.3% |
| Equity | 10/15 | €312,024 | €131,146 | -€180,878 | -58.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,564 | €110,686 | -€180,878 | -62.0% |
| Amounts payable | 17/49 | €7,297 | €100,987 | +€93,690 | +1,284% |
| Amounts payable within one year | 42/48 | €7,297 | €100,987 | +€93,690 | +1,284% |
| Trade debts | 44 | €2,768 | €4,014 | +€1,246 | +45.0% |
| Suppliers | 440/4 | €2,768 | €4,014 | +€1,246 | +45.0% |
| Taxes, remuneration and social security | 45 | €4,529 | €2,775 | -€1,754 | -38.7% |
| Taxes | 450/3 | €4,529 | €2,775 | -€1,754 | -38.7% |
| Other amounts payable | 47/48 | - | €94,198 | +€94,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,251 | €24,177 | +€12,926 | +115% |
| Other operating charges | 640/8 | €3,992 | €7,103 | +€3,111 | +77.9% |
| Gross operating margin | 9900 | €48,526 | €70,640 | +€22,114 | +45.6% |
| Operating profit (loss) | 9901 | €33,283 | €39,360 | +€6,077 | +18.3% |
| Financial income | 75/76B | €7 | €246 | +€239 | +3,452% |
| Recurring financial income | 75 | €7 | €246 | +€239 | +3,452% |
| Financial charges | 65/66B | €496 | €566 | +€70 | +14.1% |
| Recurring financial charges | 65 | €496 | €566 | +€70 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €32,793 | €39,039 | +€6,246 | +19.0% |
| Income taxes | 67/77 | €8,298 | €5,918 | -€2,380 | -28.7% |
| Profit (loss) for the period | 9904 | €24,496 | €33,122 | +€8,626 | +35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,496 | €33,122 | +€8,626 | +35.2% |
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.