STI: 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.
STI
Largest movements
- Tangible fixed assets -€24,863
down €24,863 (-4.6%), from €541,224 to €516,361
of which Land and buildings: -€25,147
- Debts after one year -€36,540
down €36,540 (-21.8%), from €167,742 to €131,202
- Other debts +€25,578
up €25,578 (+6.2%), from €414,648 to €440,226
- Profit (loss) carried forward -€6,653
down €6,653 (-6.7%), from -€99,703 to -€106,355
- Gross operating margin +€3,790
up €3,790 (+17.2%), from €21,972 to €25,761
- Financial charges -€896
down €896 (-22.2%), from €4,031 to €3,135
- Other operating charges +€732
up €732 (+23.6%), from €3,102 to €3,834
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 | €544,576 | €522,316 | -€22,260 | -4.1% |
| Fixed assets | 21/28 | €541,224 | €516,361 | -€24,863 | -4.6% |
| Tangible fixed assets | 22/27 | €541,224 | €516,361 | -€24,863 | -4.6% |
| Land and buildings | 22 | €540,973 | €515,826 | -€25,147 | -4.6% |
| Furniture and vehicles | 24 | €251 | €535 | +€284 | +113% |
| Current assets | 29/58 | €3,352 | €5,955 | +€2,603 | +77.6% |
| Amounts receivable within one year | 40/41 | - | €194 | +€194 | |
| Trade receivables | 40 | - | €194 | +€194 | |
| Cash at bank and in hand | 54/58 | €3,352 | €5,411 | +€2,059 | +61.4% |
| Deferred charges and accrued income | 490/1 | - | €350 | +€350 | |
| Total equity and liabilities | 10/49 | €544,576 | €522,316 | -€22,260 | -4.1% |
| Equity | 10/15 | -€81,103 | -€87,755 | -€6,653 | -8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,703 | -€106,355 | -€6,653 | -6.7% |
| Amounts payable | 17/49 | €625,678 | €610,071 | -€15,607 | -2.5% |
| Amounts payable after more than one year | 17 | €167,742 | €131,202 | -€36,540 | -21.8% |
| Financial debts | 170/4 | €167,742 | €131,202 | -€36,540 | -21.8% |
| Amounts payable within one year | 42/48 | €456,927 | €477,759 | +€20,832 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €38,829 | €37,533 | -€1,296 | -3.3% |
| Trade debts | 44 | €3,450 | €0 | -€3,450 | -100% |
| Suppliers | 440/4 | €3,450 | €0 | -€3,450 | -100% |
| Other amounts payable | 47/48 | €414,648 | €440,226 | +€25,578 | +6.2% |
| Accrued charges and deferred income | 492/3 | €1,010 | €1,110 | +€100 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,398 | €25,446 | +€47 | +0.2% |
| Other operating charges | 640/8 | €3,102 | €3,834 | +€732 | +23.6% |
| Gross operating margin | 9900 | €21,972 | €25,761 | +€3,790 | +17.2% |
| Operating profit (loss) | 9901 | -€6,529 | -€3,518 | +€3,011 | +46.1% |
| Financial charges | 65/66B | €4,031 | €3,135 | -€896 | -22.2% |
| Recurring financial charges | 65 | €4,031 | €3,135 | -€896 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,560 | -€6,653 | +€3,907 | +37.0% |
| Profit (loss) for the period | 9904 | -€10,560 | -€6,653 | +€3,907 | +37.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,560 | -€6,653 | +€3,907 | +37.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.