STKL: 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.
STKL
Largest movements
- Tangible fixed assets +€35,055
up €35,055 (+178%), from €19,659 to €54,714
of which Leasing and similar rights: +€37,834
- Receivables within one year -€11,826
down €11,826 (-63.0%), from €18,772 to €6,945
of which Trade receivables: -€14,755
- Cash +€10,143
up €10,143 (+38.2%), from €26,571 to €36,714
mainly Debts after one year (+€26,943) and Depreciation (+€15,513)
- Deferred charges and accrued income +€2,220
up €2,220 (+49.4%), from €4,490 to €6,710
- Debts after one year +€26,943
up €26,943, from €0 to €26,943
- Profit (loss) carried forward +€8,407
up €8,407 (+17.5%), from €48,044 to €56,451
- Current portion of long-term debt +€6,206
up €6,206 (+319%), from €1,946 to €8,152
- Tax, wage and social debts -€4,258
down €4,258 (-83.6%), from €5,092 to €835
- Trade debts -€1,755
down €1,755 (-21.8%), from €8,056 to €6,301
- Depreciation +€8,664
up €8,664 (+126%), from €6,849 to €15,513
- Taxes -€1,978
down €1,978 (-40.9%), from €4,835 to €2,857
- Financial charges +€1,348
up €1,348 (+300%), from €450 to €1,798
- Other operating charges +€1,320
up €1,320 (+158%), from €838 to €2,158
- Gross operating margin +€1,246
up €1,246 (+4.1%), from €30,044 to €31,290
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 | €69,491 | €105,321 | +€35,830 | +51.6% |
| Fixed assets | 21/28 | €19,659 | €54,714 | +€35,055 | +178% |
| Tangible fixed assets | 22/27 | €19,659 | €54,714 | +€35,055 | +178% |
| Plant, machinery and equipment | 23 | €13,974 | €9,989 | -€3,984 | -28.5% |
| Furniture and vehicles | 24 | €4,209 | €5,563 | +€1,354 | +32.2% |
| Leasing and similar rights | 25 | - | €37,834 | +€37,834 | |
| Other tangible fixed assets | 26 | €1,476 | €1,328 | -€148 | -10.0% |
| Current assets | 29/58 | €49,833 | €50,608 | +€775 | +1.6% |
| Stocks and contracts in progress | 3 | - | €238 | +€238 | |
| Stocks | 30/36 | - | €238 | +€238 | |
| Amounts receivable within one year | 40/41 | €18,772 | €6,945 | -€11,826 | -63.0% |
| Trade receivables | 40 | €18,717 | €3,962 | -€14,755 | -78.8% |
| Other amounts receivable | 41 | €55 | €2,984 | +€2,929 | +5,306% |
| Cash at bank and in hand | 54/58 | €26,571 | €36,714 | +€10,143 | +38.2% |
| Deferred charges and accrued income | 490/1 | €4,490 | €6,710 | +€2,220 | +49.4% |
| Total equity and liabilities | 10/49 | €69,491 | €105,321 | +€35,830 | +51.6% |
| Equity | 10/15 | €51,044 | €59,451 | +€8,407 | +16.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,044 | €56,451 | +€8,407 | +17.5% |
| Amounts payable | 17/49 | €18,447 | €45,871 | +€27,424 | +149% |
| Amounts payable after more than one year | 17 | €0 | €26,943 | +€26,943 | |
| Financial debts | 170/4 | €0 | €26,943 | +€26,943 | |
| Amounts payable within one year | 42/48 | €18,447 | €18,928 | +€481 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | €1,946 | €8,152 | +€6,206 | +319% |
| Financial debts | 43 | €44 | €91 | +€48 | +109% |
| Other loans | 439 | €44 | €91 | +€48 | +109% |
| Trade debts | 44 | €8,056 | €6,301 | -€1,755 | -21.8% |
| Suppliers | 440/4 | €8,056 | €6,301 | -€1,755 | -21.8% |
| Taxes, remuneration and social security | 45 | €5,092 | €835 | -€4,258 | -83.6% |
| Taxes | 450/3 | €5,092 | €835 | -€4,258 | -83.6% |
| Other amounts payable | 47/48 | €3,310 | €3,548 | +€239 | +7.2% |
| Non-recurring operating income | 76A | - | €13,036 | +€13,036 | |
| Remuneration, social security and pensions | 62 | €501 | €559 | +€57 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,849 | €15,513 | +€8,664 | +126% |
| Other operating charges | 640/8 | €838 | €2,158 | +€1,320 | +158% |
| Gross operating margin | 9900 | €30,044 | €31,290 | +€1,246 | +4.1% |
| Operating profit (loss) | 9901 | €21,856 | €13,060 | -€8,795 | -40.2% |
| Financial income | 75/76B | €7 | €2 | -€5 | -75.4% |
| Recurring financial income | 75 | €7 | €2 | -€5 | -75.4% |
| Financial charges | 65/66B | €450 | €1,798 | +€1,348 | +300% |
| Recurring financial charges | 65 | €450 | €1,798 | +€1,348 | +300% |
| Profit (loss) for the period before taxes | 9903 | €21,413 | €11,263 | -€10,149 | -47.4% |
| Income taxes | 67/77 | €4,835 | €2,857 | -€1,978 | -40.9% |
| Profit (loss) for the period | 9904 | €16,578 | €8,407 | -€8,171 | -49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,578 | €8,407 | -€8,171 | -49.3% |
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.