STIERNON IMMO-BOX: 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.
STIERNON IMMO-BOX
Largest movements
- Tangible fixed assets -€14,864
down €14,864 (-10.7%), from €138,555 to €123,691
of which Land and buildings: -€14,527
- Cash +€8,904
up €8,904 (+88.0%), from €10,117 to €19,021
mainly Net result for the year (+€26,883) and Depreciation (+€14,864)
- Debts after one year -€29,634
down €29,634 (-51.5%), from €57,553 to €27,920
- Profit (loss) carried forward +€26,883
up €26,883 (+1,083%), from €2,481 to €29,364
- Other debts -€4,989
down €4,989 (-19.5%), from €25,558 to €20,569
- Trade debts +€1,914
up €1,914 (+57.6%), from €3,325 to €5,240
- Gross operating margin +€6,931
up €6,931 (+16.2%), from €42,795 to €49,726
- Financial charges -€871
down €871 (-22.9%), from €3,804 to €2,933
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 | €148,673 | €143,618 | -€5,054 | -3.4% |
| Fixed assets | 21/28 | €138,555 | €123,691 | -€14,864 | -10.7% |
| Tangible fixed assets | 22/27 | €138,555 | €123,691 | -€14,864 | -10.7% |
| Land and buildings | 22 | €137,406 | €122,879 | -€14,527 | -10.6% |
| Furniture and vehicles | 24 | €1,149 | €812 | -€337 | -29.3% |
| Current assets | 29/58 | €10,117 | €19,927 | +€9,810 | +97.0% |
| Amounts receivable within one year | 40/41 | €0 | €906 | +€906 | |
| Trade receivables | 40 | €0 | €906 | +€906 | |
| Cash at bank and in hand | 54/58 | €10,117 | €19,021 | +€8,904 | +88.0% |
| Total equity and liabilities | 10/49 | €148,673 | €143,618 | -€5,054 | -3.4% |
| Equity | 10/15 | €28,921 | €55,804 | +€26,883 | +93.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €7,848 | €7,848 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,848 | €7,848 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,481 | €29,364 | +€26,883 | +1,083% |
| Amounts payable | 17/49 | €119,752 | €87,815 | -€31,937 | -26.7% |
| Amounts payable after more than one year | 17 | €57,553 | €27,920 | -€29,634 | -51.5% |
| Financial debts | 170/4 | €57,553 | €27,920 | -€29,634 | -51.5% |
| Amounts payable within one year | 42/48 | €62,198 | €59,895 | -€2,303 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €30,820 | €31,826 | +€1,006 | +3.3% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €3,325 | €5,240 | +€1,914 | +57.6% |
| Suppliers | 440/4 | €3,325 | €5,240 | +€1,914 | +57.6% |
| Taxes, remuneration and social security | 45 | €2,494 | €2,261 | -€234 | -9.4% |
| Taxes | 450/3 | €2,494 | €2,261 | -€234 | -9.4% |
| Other amounts payable | 47/48 | €25,558 | €20,569 | -€4,989 | -19.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,864 | €14,864 | = | 0.0% |
| Other operating charges | 640/8 | €4,892 | €5,046 | +€154 | +3.2% |
| Gross operating margin | 9900 | €42,795 | €49,726 | +€6,931 | +16.2% |
| Operating profit (loss) | 9901 | €23,039 | €29,816 | +€6,777 | +29.4% |
| Financial income | 75/76B | €51 | €0 | -€51 | -100.0% |
| Recurring financial income | 75 | €51 | €0 | -€51 | -100.0% |
| Financial charges | 65/66B | €3,804 | €2,933 | -€871 | -22.9% |
| Recurring financial charges | 65 | €3,804 | €2,933 | -€871 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €19,286 | €26,883 | +€7,596 | +39.4% |
| Profit (loss) for the period | 9904 | €19,286 | €26,883 | +€7,596 | +39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €19,286 | €26,883 | +€7,596 | +39.4% |
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 29 October 2026 via checked.be.