STEURKI: 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.
STEURKI
Largest movements
- Receivables within one year +€105,373
up €105,373 (+649.7%), from €16,219 to €121,592
of which Other amounts receivable: +€95,576
- Tangible fixed assets -€29,557
down €29,557 (-5.5%), from €540,833 to €511,275
- Short-term financial debts +€272,918
new in 2025: €272,918
- Profit (loss) carried forward -€112,671
new in 2025: -€112,671
- Trade debts -€31,114
down €31,114 (-100.0%), from €31,114 to €0
- Current portion of long-term debt -€21,838
down €21,838 (-100.0%), from €21,838 to €0
- Debts after one year -€16,863
down €16,863 (-100.0%), from €16,863 to €0
- Gross operating margin +€34,995
up €34,995 (+66.0%), from €53,002 to €87,997
- Financial charges +€5,751
up €5,751 (+309.2%), from €1,860 to €7,611
- Taxes -€4,108
down €4,108 (-100.0%), from €4,108 to €0
- Other operating charges +€3,010
up €3,010 (+60.3%), from €4,991 to €8,001
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 | €564,515 | €637,874 | +€73,358 | +13.0% |
| Fixed assets | 21/28 | €545,833 | €516,275 | -€29,557 | -5.4% |
| Tangible fixed assets | 22/27 | €540,833 | €511,275 | -€29,557 | -5.5% |
| Land and buildings | 22 | €540,833 | €511,275 | -€29,557 | -5.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €18,683 | €121,598 | +€102,916 | +550.9% |
| Amounts receivable within one year | 40/41 | €16,219 | €121,592 | +€105,373 | +649.7% |
| Trade receivables | 40 | €354 | €10,152 | +€9,798 | +2768.3% |
| Other amounts receivable | 41 | €15,865 | €111,440 | +€95,576 | +602.4% |
| Cash at bank and in hand | 54/58 | €2,464 | €6 | -€2,458 | -99.7% |
| Total equity and liabilities | 10/49 | €564,515 | €637,874 | +€73,358 | +13.0% |
| Equity | 10/15 | €236,525 | €116,104 | -€120,421 | -50.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €166,775 | €166,775 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €160,575 | €160,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€112,671 | -€112,671 | |
| Investment grants | 15 | €7,750 | €0 | -€7,750 | -100.0% |
| Amounts payable | 17/49 | €327,990 | €521,770 | +€193,780 | +59.1% |
| Amounts payable after more than one year | 17 | €16,863 | €0 | -€16,863 | -100.0% |
| Financial debts | 170/4 | €16,863 | €0 | -€16,863 | -100.0% |
| Amounts payable within one year | 42/48 | €308,770 | €521,770 | +€212,999 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €21,838 | €0 | -€21,838 | -100.0% |
| Financial debts | 43 | - | €272,918 | +€272,918 | |
| Credit institutions | 430/8 | - | €272,918 | +€272,918 | |
| Trade debts | 44 | €31,114 | €0 | -€31,114 | -100.0% |
| Suppliers | 440/4 | €31,114 | €0 | -€31,114 | -100.0% |
| Taxes, remuneration and social security | 45 | €4,108 | €0 | -€4,108 | -100.0% |
| Taxes | 450/3 | €4,108 | €0 | -€4,108 | -100.0% |
| Other amounts payable | 47/48 | €251,710 | €248,851 | -€2,859 | -1.1% |
| Accrued charges and deferred income | 492/3 | €2,357 | €0 | -€2,357 | -100.0% |
| Non-recurring operating income | 76A | - | €35,623 | +€35,623 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,615 | €35,317 | +€702 | +2.0% |
| Other operating charges | 640/8 | €4,991 | €8,001 | +€3,010 | +60.3% |
| Non-recurring operating charges | 66A | - | €149,740 | +€149,740 | |
| Gross operating margin | 9900 | €53,002 | €87,997 | +€34,995 | +66.0% |
| Operating profit (loss) | 9901 | €13,396 | -€105,061 | -€118,456 | |
| Financial income | 75/76B | €31 | €0 | -€31 | -100.0% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -100.0% |
| Financial charges | 65/66B | €1,860 | €7,611 | +€5,751 | +309.2% |
| Recurring financial charges | 65 | €1,860 | €7,611 | +€5,751 | +309.2% |
| Profit (loss) for the period before taxes | 9903 | €11,567 | -€112,671 | -€124,238 | |
| Income taxes | 67/77 | €4,108 | €0 | -€4,108 | -100.0% |
| Profit (loss) for the period | 9904 | €7,459 | -€112,671 | -€120,131 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,459 | -€112,671 | -€120,131 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.