STP IMMO: what changed
Two fiscal 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.
STP IMMO
Largest movements
- Receivables within one year -€317,256
down €317,256 (-45.1%), from €702,782 to €385,526
of which Trade receivables: -€270,875
- Stocks and contracts +€298,718
up €298,718 (+26.0%), from €1.1m to €1.4m
- Profit (loss) carried forward +€142,586
up €142,586 (+41.3%), from €345,311 to €487,898
- Other debts -€95,037
down €95,037 (-7.1%), from €1.3m to €1.2m
- Tax, wage and social debts -€67,028
down €67,028 (-47.0%), from €142,533 to €75,506
- Gross operating margin +€89,955
up €89,955 (+84.1%), from €106,930 to €196,885
- Taxes +€28,949
up €28,949 (+124.6%), from €23,240 to €52,188
- Financial charges -€2,357
down €2,357 (-73.6%), from €3,203 to €846
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.
Cash bridge derived
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 | €1,851,683 | €1,833,165 | -€18,518 | -1.0% |
| Current assets | 29/58 | €1,851,683 | €1,833,165 | -€18,518 | -1.0% |
| Stocks and contracts in progress | 3 | €1,148,739 | €1,447,458 | +€298,718 | +26.0% |
| Stocks | 30/36 | €1,148,739 | €1,447,458 | +€298,718 | +26.0% |
| Amounts receivable within one year | 40/41 | €702,782 | €385,526 | -€317,256 | -45.1% |
| Trade receivables | 40 | €275,267 | €4,392 | -€270,875 | -98.4% |
| Other amounts receivable | 41 | €427,515 | €381,134 | -€46,380 | -10.8% |
| Cash at bank and in hand | 54/58 | €162 | €181 | +€19 | +12.0% |
| Total equity and liabilities | 10/49 | €1,851,683 | €1,833,165 | -€18,518 | -1.0% |
| Equity | 10/15 | €360,311 | €502,898 | +€142,586 | +39.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €345,311 | €487,898 | +€142,586 | +41.3% |
| Amounts payable | 17/49 | €1,491,372 | €1,330,267 | -€161,104 | -10.8% |
| Amounts payable within one year | 42/48 | €1,491,372 | €1,330,267 | -€161,104 | -10.8% |
| Trade debts | 44 | €6,338 | €7,298 | +€960 | +15.1% |
| Suppliers | 440/4 | €6,338 | €7,298 | +€960 | +15.1% |
| Taxes, remuneration and social security | 45 | €142,533 | €75,506 | -€67,028 | -47.0% |
| Taxes | 450/3 | €142,533 | €75,506 | -€67,028 | -47.0% |
| Other amounts payable | 47/48 | €1,342,500 | €1,247,463 | -€95,037 | -7.1% |
| Other operating charges | 640/8 | €1,223 | €1,264 | +€41 | +3.3% |
| Gross operating margin | 9900 | €106,930 | €196,885 | +€89,955 | +84.1% |
| Operating profit (loss) | 9901 | €105,707 | €195,621 | +€89,914 | +85.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,203 | €846 | -€2,357 | -73.6% |
| Recurring financial charges | 65 | €3,203 | €846 | -€2,357 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €102,504 | €194,775 | +€92,271 | +90.0% |
| Income taxes | 67/77 | €23,240 | €52,188 | +€28,949 | +124.6% |
| Profit (loss) for the period | 9904 | €79,264 | €142,586 | +€63,322 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,264 | €142,586 | +€63,322 | +79.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.