STL Solutions: 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.
STL Solutions
Largest movements
- Receivables after one year -€23,954
down €23,954 (-100%), from €23,954 to €0
- Receivables within one year +€18,499
up €18,499 (+45.0%), from €41,127 to €59,627
of which Other amounts receivable: +€21,112
- Tangible fixed assets +€12,923
up €12,923 (+1,010%), from €1,280 to €14,203
- Cash -€6,912
down €6,912 (-74.4%), from €9,294 to €2,381
mainly Receivables within one year (-€18,499) and Investment in fixed assets (net) (-€17,140)
- Debts after one year +€9,012
new in 2023: €9,012
- Tax, wage and social debts -€5,707
down €5,707 (-25.2%), from €22,693 to €16,986
- Profit (loss) carried forward -€5,104
new in 2023: -€5,104
- Current portion of long-term debt +€3,642
new in 2023: €3,642
- Reserves -€2,228
down €2,228 (-9.6%), from €23,137 to €20,909
of which Distributable reserves: -€2,228
- Gross operating margin -€41,350
down €41,350, from €32,042 to -€9,309
- Taxes -€12,491
down €12,491 (-98.4%), from €12,689 to €198
- Financial income +€8,488
up €8,488 (+499%), from €1,702 to €10,190
- Depreciation +€3,898
up €3,898 (+1,218%), from €320 to €4,218
- Other operating charges +€1,439
up €1,439 (+224%), from €643 to €2,082
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,655 | €76,211 | +€555 | +0.7% |
| Fixed assets | 21/28 | €1,280 | €14,203 | +€12,923 | +1,010% |
| Tangible fixed assets | 22/27 | €1,280 | €14,203 | +€12,923 | +1,010% |
| Furniture and vehicles | 24 | €1,280 | €14,203 | +€12,923 | +1,010% |
| Current assets | 29/58 | €74,375 | €62,008 | -€12,368 | -16.6% |
| Amounts receivable after more than one year | 29 | €23,954 | €0 | -€23,954 | -100% |
| Other amounts receivable | 291 | €23,954 | €0 | -€23,954 | -100% |
| Amounts receivable within one year | 40/41 | €41,127 | €59,627 | +€18,499 | +45.0% |
| Trade receivables | 40 | €6,813 | €4,200 | -€2,613 | -38.3% |
| Other amounts receivable | 41 | €34,315 | €55,427 | +€21,112 | +61.5% |
| Cash at bank and in hand | 54/58 | €9,294 | €2,381 | -€6,912 | -74.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €75,655 | €76,211 | +€555 | +0.7% |
| Equity | 10/15 | €35,537 | €28,205 | -€7,332 | -20.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €23,137 | €20,909 | -€2,228 | -9.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €21,277 | €19,049 | -€2,228 | -10.5% |
| Profit (loss) carried forward | 14 | - | -€5,104 | -€5,104 | |
| Amounts payable | 17/49 | €40,119 | €48,006 | +€7,887 | +19.7% |
| Amounts payable after more than one year | 17 | - | €9,012 | +€9,012 | |
| Financial debts | 170/4 | - | €9,012 | +€9,012 | |
| Amounts payable within one year | 42/48 | €40,119 | €38,994 | -€1,124 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,642 | +€3,642 | |
| Trade debts | 44 | €17,426 | €18,367 | +€941 | +5.4% |
| Suppliers | 440/4 | €17,426 | €18,367 | +€941 | +5.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €22,693 | €16,986 | -€5,707 | -25.2% |
| Taxes | 450/3 | €22,693 | €16,986 | -€5,707 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €320 | €4,218 | +€3,898 | +1,218% |
| Other operating charges | 640/8 | €643 | €2,082 | +€1,439 | +224% |
| Gross operating margin | 9900 | €32,042 | -€9,309 | -€41,350 | |
| Operating profit (loss) | 9901 | €31,079 | -€15,608 | -€46,687 | |
| Financial income | 75/76B | €1,702 | €10,190 | +€8,488 | +499% |
| Recurring financial income | 75 | €1,702 | €10,190 | +€8,488 | +499% |
| Financial charges | 65/66B | €1,043 | €1,716 | +€672 | +64.4% |
| Recurring financial charges | 65 | €1,043 | €1,716 | +€672 | +64.4% |
| Profit (loss) for the period before taxes | 9903 | €31,738 | -€7,134 | -€38,872 | |
| Income taxes | 67/77 | €12,689 | €198 | -€12,491 | -98.4% |
| Profit (loss) for the period | 9904 | €19,049 | -€7,332 | -€26,380 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,049 | -€7,332 | -€26,380 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.