STMicroelectronics Belgium: what changed
What changed
STMicroelectronics Belgium
NACE 62.100, Computer programming
filed annual accounts (NBB)
Net result for the year
€519,816
2023 · €626,430-€106,613
Equity
€2.2m
2023 · €2.3m-€80,184
Cash
€331,988
2023 · €184,129+€147,859
Balance sheet total
€5.9m
2023 · €5.6m+€227,701
Largest movements
Assets
- Cash +€147,859
up €147,859 (+80.3%), from €184,129 to €331,988
mainly Trade debts (+€620,150) and Net result for the year (+€519,816)
Equity and liabilities
- Trade debts +€620,150
up €620,150 (+231%), from €268,992 to €889,142
- Tax, wage and social debts -€226,344
down €226,344 (-10.2%), from €2.2m to €2.0m
of which Remuneration and social security: -€243,883
- Accrued charges and deferred income -€85,921
down €85,921 (-32.3%), from €266,395 to €180,474
- Profit (loss) carried forward -€80,184
down €80,184 (-84.7%), from €94,684 to €14,501
Income statement
- Turnover -€374,345
down €374,345 (-3.0%), from €12.4m to €12.0m
- Other operating income +€236,433
up €236,433 (+15.3%), from €1.5m to €1.8m
- Services and other goods -€175,376
down €175,376 (-7.3%), from €2.4m to €2.2m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€626,430
Turnover
-€374,345
Other operating income
+€236,433
Services and other goods
+€175,376
Staff costs
-€41,979
Depreciation
-€28,158
Other operating charges
+€608
Other operating items
-€989
Financial income
-€29,655
Financial charges
-€24,415
Taxes
-€19,489
Result 2024
€519,816
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€901,394
Investment
-€153,534
Financing
-€600,000
Cash 2023
€184,129
From operations (derived)
+€901,394
Net result for the year
+€519,816
Depreciation
+€139,573
Receivables within one year
-€28,284
Deferred charges and accrued income
-€37,596
Trade debts
+€620,150
Tax, wage and social debts
-€226,344
Accrued charges and deferred income
-€85,921
Investment (derived)
-€153,534
Investment in fixed assets (net)
-€153,534
Financing
-€600,000
Contributions, distributions and other
-€600,000
Cash 2024
€331,988
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,643,381 | €5,871,081 | +€227,701 | +4.0% |
| Fixed assets | 21/28 | €216,606 | €230,567 | +€13,962 | +6.4% |
| Tangible fixed assets | 22/27 | €216,606 | €230,567 | +€13,962 | +6.4% |
| Plant, machinery and equipment | 23 | €168,482 | €181,636 | +€13,154 | +7.8% |
| Furniture and vehicles | 24 | €31,889 | €35,135 | +€3,247 | +10.2% |
| Other tangible fixed assets | 26 | €16,235 | €13,796 | -€2,439 | -15.0% |
| Current assets | 29/58 | €5,426,775 | €5,640,514 | +€213,739 | +3.9% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,229,431 | €5,257,715 | +€28,284 | +0.5% |
| Trade receivables | 40 | €5,201,611 | €5,230,432 | +€28,821 | +0.6% |
| Other amounts receivable | 41 | €27,819 | €27,283 | -€536 | -1.9% |
| Cash at bank and in hand | 54/58 | €184,129 | €331,988 | +€147,859 | +80.3% |
| Deferred charges and accrued income | 490/1 | €13,215 | €50,811 | +€37,596 | +284% |
| Total equity and liabilities | 10/49 | €5,643,381 | €5,871,081 | +€227,701 | +4.0% |
| Equity | 10/15 | €2,294,684 | €2,214,501 | -€80,184 | -3.5% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €200,000 | €200,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200,000 | €200,000 | = | 0.0% |
| Legal reserve | 130 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,684 | €14,501 | -€80,184 | -84.7% |
| Amounts payable | 17/49 | €3,348,696 | €3,656,581 | +€307,885 | +9.2% |
| Amounts payable within one year | 42/48 | €3,082,301 | €3,476,107 | +€393,806 | +12.8% |
| Trade debts | 44 | €268,992 | €889,142 | +€620,150 | +231% |
| Suppliers | 440/4 | €268,992 | €889,142 | +€620,150 | +231% |
| Taxes, remuneration and social security | 45 | €2,213,309 | €1,986,965 | -€226,344 | -10.2% |
| Taxes | 450/3 | €18,117 | €35,656 | +€17,539 | +96.8% |
| Remuneration and social security | 454/9 | €2,195,192 | €1,951,309 | -€243,883 | -11.1% |
| Other amounts payable | 47/48 | €600,000 | €600,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €266,395 | €180,474 | -€85,921 | -32.3% |
| Operating income | 70/76A | €13,962,777 | €13,823,875 | -€138,902 | -1.0% |
| Turnover | 70 | €12,414,016 | €12,039,671 | -€374,345 | -3.0% |
| Other operating income | 74 | €1,547,772 | €1,784,205 | +€236,433 | +15.3% |
| Non-recurring operating income | 76A | €989 | €0 | -€989 | -100% |
| Operating charges | 60/66A | €13,340,206 | €13,234,358 | -€105,848 | -0.8% |
| Services and other goods | 61 | €2,412,733 | €2,237,357 | -€175,376 | -7.3% |
| Remuneration, social security and pensions | 62 | €10,798,289 | €10,840,268 | +€41,979 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,415 | €139,573 | +€28,158 | +25.3% |
| Other operating charges | 640/8 | €17,768 | €17,161 | -€608 | -3.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Operating profit (loss) | 9901 | €622,571 | €589,517 | -€33,054 | -5.3% |
| Financial income | 75/76B | €29,661 | €6 | -€29,655 | -100.0% |
| Recurring financial income | 75 | €29,661 | €6 | -€29,655 | -100.0% |
| Other financial income | 752/9 | €29,661 | €6 | -€29,655 | -100.0% |
| Financial charges | 65/66B | €9,635 | €34,051 | +€24,415 | +253% |
| Recurring financial charges | 65 | €9,635 | €34,051 | +€24,415 | +253% |
| Debt charges | 650 | €4 | €1,223 | +€1,219 | +30,553% |
| Other financial charges | 652/9 | €9,631 | €32,828 | +€23,196 | +241% |
| Profit (loss) for the period before taxes | 9903 | €642,597 | €555,472 | -€87,125 | -13.6% |
| Income taxes | 67/77 | €16,167 | €35,656 | +€19,489 | +121% |
| Taxes | 670/3 | €16,167 | €35,656 | +€19,489 | +121% |
| Profit (loss) for the period | 9904 | €626,430 | €519,816 | -€106,613 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €626,430 | €519,816 | -€106,613 | -17.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.