STETHOMEDIC: 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.
STETHOMEDIC
Largest movements
- Cash +€71,204
up €71,204 (+51.3%), from €138,733 to €209,937
mainly Net result for the year (+€66,266) and Depreciation (+€40,145)
- Tangible fixed assets -€40,145
down €40,145 (-8.2%), from €492,151 to €452,006
of which Land and buildings: -€21,921
- Current investments +€18,487
up €18,487 (+17.5%), from €105,607 to €124,094
- Reserves +€41,000
up €41,000 (+16.5%), from €248,100 to €289,100
of which Distributable reserves: +€41,000
- Debts after one year -€28,395
down €28,395 (-29.5%), from €96,173 to €67,778
- Other debts +€24,299
up €24,299 (+466%), from €5,219 to €29,517
- Tax, wage and social debts +€12,859
up €12,859 (+79.0%), from €16,279 to €29,138
of which Taxes: +€12,742
- Gross operating margin +€6,345
up €6,345 (+3.3%), from €191,719 to €198,063
- Taxes +€3,660
up €3,660 (+15.8%), from €23,103 to €26,763
- Financial charges -€3,157
down €3,157 (-37.6%), from €8,405 to €5,248
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 | €803,495 | €847,638 | +€44,143 | +5.5% |
| Fixed assets | 21/28 | €492,265 | €452,120 | -€40,145 | -8.2% |
| Tangible fixed assets | 22/27 | €492,151 | €452,006 | -€40,145 | -8.2% |
| Land and buildings | 22 | €428,454 | €406,533 | -€21,921 | -5.1% |
| Plant, machinery and equipment | 23 | €22,067 | €18,903 | -€3,164 | -14.3% |
| Furniture and vehicles | 24 | €39,490 | €24,430 | -€15,060 | -38.1% |
| Other tangible fixed assets | 26 | €2,140 | €2,140 | = | 0.0% |
| Financial fixed assets | 28 | €114 | €114 | = | 0.0% |
| Current assets | 29/58 | €311,230 | €395,518 | +€84,288 | +27.1% |
| Amounts receivable within one year | 40/41 | €3,710 | - | -€3,710 | |
| Other amounts receivable | 41 | €3,710 | - | -€3,710 | |
| Current investments | 50/53 | €105,607 | €124,094 | +€18,487 | +17.5% |
| Cash at bank and in hand | 54/58 | €138,733 | €209,937 | +€71,204 | +51.3% |
| Deferred charges and accrued income | 490/1 | €63,179 | €61,487 | -€1,692 | -2.7% |
| Total equity and liabilities | 10/49 | €803,495 | €847,638 | +€44,143 | +5.5% |
| Equity | 10/15 | €640,913 | €682,178 | +€41,266 | +6.4% |
| Contributions | 10/11 | €133,426 | €133,426 | = | 0.0% |
| Reserves | 13 | €248,100 | €289,100 | +€41,000 | +16.5% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €210,600 | €251,600 | +€41,000 | +19.5% |
| Profit (loss) carried forward | 14 | €259,387 | €259,652 | +€266 | +0.1% |
| Amounts payable | 17/49 | €162,583 | €165,460 | +€2,877 | +1.8% |
| Amounts payable after more than one year | 17 | €96,173 | €67,778 | -€28,395 | -29.5% |
| Financial debts | 170/4 | €96,173 | €67,778 | -€28,395 | -29.5% |
| Amounts payable within one year | 42/48 | €66,409 | €97,682 | +€31,272 | +47.1% |
| Current portion of amounts payable after more than one year | 42 | €35,058 | €28,395 | -€6,663 | -19.0% |
| Trade debts | 44 | €9,853 | €10,631 | +€778 | +7.9% |
| Suppliers | 440/4 | €9,853 | €10,631 | +€778 | +7.9% |
| Taxes, remuneration and social security | 45 | €16,279 | €29,138 | +€12,859 | +79.0% |
| Taxes | 450/3 | €4,893 | €17,635 | +€12,742 | +260% |
| Remuneration and social security | 454/9 | €11,386 | €11,503 | +€117 | +1.0% |
| Other amounts payable | 47/48 | €5,219 | €29,517 | +€24,299 | +466% |
| Remuneration, social security and pensions | 62 | €54,189 | €55,095 | +€906 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,438 | €40,145 | -€293 | -0.7% |
| Other operating charges | 640/8 | €6,067 | €6,074 | +€7 | +0.1% |
| Non-recurring operating charges | 66A | €1,793 | €19 | -€1,774 | -98.9% |
| Gross operating margin | 9900 | €191,719 | €198,063 | +€6,345 | +3.3% |
| Operating profit (loss) | 9901 | €89,231 | €96,730 | +€7,499 | +8.4% |
| Financial income | 75/76B | €924 | €1,546 | +€622 | +67.2% |
| Recurring financial income | 75 | €924 | €1,546 | +€622 | +67.2% |
| Financial charges | 65/66B | €8,405 | €5,248 | -€3,157 | -37.6% |
| Recurring financial charges | 65 | €8,405 | €5,248 | -€3,157 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €81,751 | €93,029 | +€11,278 | +13.8% |
| Income taxes | 67/77 | €23,103 | €26,763 | +€3,660 | +15.8% |
| Profit (loss) for the period | 9904 | €58,648 | €66,266 | +€7,618 | +13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,648 | €66,266 | +€7,618 | +13.0% |
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 17 October 2026 via checked.be.