STM AUTOMOBILE: 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.
STM AUTOMOBILE
Largest movements
- Cash +€1,004
up €1,004 (+504%), from €199 to €1,203
mainly Other debts (+€3,385) and Trade debts (+€1,583)
- Receivables within one year +€989
up €989 (+8.9%), from €11,130 to €12,119
of which Trade receivables: +€1,003
- Profit (loss) carried forward -€3,640
down €3,640 (-35.7%), from -€10,191 to -€13,830
- Other debts +€3,385
up €3,385 (+35.7%), from €9,476 to €12,861
- Trade debts +€1,583
up €1,583 (+94.3%), from €1,678 to €3,261
- Tax, wage and social debts +€665
up €665 (+182%), from €366 to €1,031
- Gross operating margin +€3,996
up €3,996 (+68.5%), from -€5,835 to -€1,839
- Other operating charges +€1,185
up €1,185 (+265%), from €447 to €1,632
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,329 | €13,322 | +€1,993 | +17.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Current assets | 29/58 | €11,329 | €13,322 | +€1,993 | +17.6% |
| Amounts receivable within one year | 40/41 | €11,130 | €12,119 | +€989 | +8.9% |
| Trade receivables | 40 | €1,116 | €2,119 | +€1,003 | +89.8% |
| Other amounts receivable | 41 | €10,014 | €10,000 | -€14 | -0.1% |
| Cash at bank and in hand | 54/58 | €199 | €1,203 | +€1,004 | +504% |
| Total equity and liabilities | 10/49 | €11,329 | €13,322 | +€1,993 | +17.6% |
| Equity | 10/15 | -€191 | -€3,830 | -€3,640 | -1,908% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,191 | -€13,830 | -€3,640 | -35.7% |
| Amounts payable | 17/49 | €11,520 | €17,153 | +€5,632 | +48.9% |
| Amounts payable within one year | 42/48 | €11,520 | €17,153 | +€5,632 | +48.9% |
| Trade debts | 44 | €1,678 | €3,261 | +€1,583 | +94.3% |
| Suppliers | 440/4 | €1,678 | €3,261 | +€1,583 | +94.3% |
| Taxes, remuneration and social security | 45 | €366 | €1,031 | +€665 | +182% |
| Taxes | 450/3 | €366 | €1,031 | +€665 | +182% |
| Other amounts payable | 47/48 | €9,476 | €12,861 | +€3,385 | +35.7% |
| Other operating charges | 640/8 | €447 | €1,632 | +€1,185 | +265% |
| Gross operating margin | 9900 | -€5,835 | -€1,839 | +€3,996 | +68.5% |
| Operating profit (loss) | 9901 | -€6,281 | -€3,471 | +€2,810 | +44.7% |
| Financial charges | 65/66B | €127 | €169 | +€42 | +33.2% |
| Recurring financial charges | 65 | €127 | €169 | +€42 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,408 | -€3,640 | +€2,768 | +43.2% |
| Profit (loss) for the period | 9904 | -€6,408 | -€3,640 | +€2,768 | +43.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,408 | -€3,640 | +€2,768 | +43.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.