STP METAALCONSTRUCTIE: 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 METAALCONSTRUCTIE
Largest movements
- Cash +€111,869
up €111,869 (+85795.3%), from €130 to €111,999
mainly Trade debts (+€137,690) and Net result for the year (+€63,338)
- Receivables within one year +€75,501
up €75,501 (+80.0%), from €94,381 to €169,882
of which Trade receivables: +€71,248
- Tangible fixed assets +€7,231
up €7,231 (+7.6%), from €95,463 to €102,694
of which Plant, machinery and equipment: +€19,623
- Trade debts +€137,690
up €137,690 (+740.9%), from €18,584 to €156,275
- Reserves +€63,338
up €63,338 (+81.7%), from €77,548 to €140,886
- Tax, wage and social debts +€14,421
up €14,421 (+111.0%), from €12,996 to €27,417
of which Taxes: +€14,421
- Debts after one year -€10,084
down €10,084 (-39.8%), from €25,367 to €15,283
- Other debts -€9,804
down €9,804 (-23.3%), from €42,136 to €32,331
- Gross operating margin +€69,126
up €69,126 (+99.9%), from €69,226 to €138,351
- Taxes +€30,828
new in 2025: €30,828
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 | €192,224 | €387,373 | +€195,149 | +101.5% |
| Fixed assets | 21/28 | €95,463 | €102,694 | +€7,231 | +7.6% |
| Tangible fixed assets | 22/27 | €95,463 | €102,694 | +€7,231 | +7.6% |
| Plant, machinery and equipment | 23 | €39,859 | €59,482 | +€19,623 | +49.2% |
| Furniture and vehicles | 24 | €22,767 | €20,168 | -€2,600 | -11.4% |
| Leasing and similar rights | 25 | €32,837 | €23,045 | -€9,792 | -29.8% |
| Current assets | 29/58 | €96,761 | €284,679 | +€187,918 | +194.2% |
| Amounts receivable within one year | 40/41 | €94,381 | €169,882 | +€75,501 | +80.0% |
| Trade receivables | 40 | €94,309 | €165,557 | +€71,248 | +75.5% |
| Other amounts receivable | 41 | €72 | €4,325 | +€4,253 | +5891.1% |
| Cash at bank and in hand | 54/58 | €130 | €111,999 | +€111,869 | +85795.3% |
| Deferred charges and accrued income | 490/1 | €2,249 | €2,798 | +€549 | +24.4% |
| Total equity and liabilities | 10/49 | €192,224 | €387,373 | +€195,149 | +101.5% |
| Equity | 10/15 | €82,548 | €145,886 | +€63,338 | +76.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €77,548 | €140,886 | +€63,338 | +81.7% |
| Distributable reserves | 133 | €77,548 | €140,886 | +€63,338 | +81.7% |
| Amounts payable | 17/49 | €109,676 | €241,487 | +€131,811 | +120.2% |
| Amounts payable after more than one year | 17 | €25,367 | €15,283 | -€10,084 | -39.8% |
| Financial debts | 170/4 | €25,367 | €15,283 | -€10,084 | -39.8% |
| Amounts payable within one year | 42/48 | €84,309 | €226,204 | +€141,895 | +168.3% |
| Current portion of amounts payable after more than one year | 42 | €10,593 | €10,084 | -€509 | -4.8% |
| Trade debts | 44 | €18,584 | €156,275 | +€137,690 | +740.9% |
| Suppliers | 440/4 | €18,584 | €156,275 | +€137,690 | +740.9% |
| Advances received on contracts in progress | 46 | - | €97 | +€97 | |
| Taxes, remuneration and social security | 45 | €12,996 | €27,417 | +€14,421 | +111.0% |
| Taxes | 450/3 | €10,764 | €25,186 | +€14,421 | +134.0% |
| Remuneration and social security | 454/9 | €2,232 | €2,232 | = | 0.0% |
| Other amounts payable | 47/48 | €42,136 | €32,331 | -€9,804 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,391 | €39,079 | +€688 | +1.8% |
| Other operating charges | 640/8 | €2,402 | €2,478 | +€76 | +3.1% |
| Gross operating margin | 9900 | €69,226 | €138,351 | +€69,126 | +99.9% |
| Operating profit (loss) | 9901 | €28,433 | €96,795 | +€68,362 | +240.4% |
| Financial income | 75/76B | €342 | €12 | -€330 | -96.6% |
| Recurring financial income | 75 | €342 | €12 | -€330 | -96.6% |
| Financial charges | 65/66B | €3,534 | €2,640 | -€894 | -25.3% |
| Recurring financial charges | 65 | €3,534 | €2,640 | -€894 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €25,240 | €94,166 | +€68,926 | +273.1% |
| Income taxes | 67/77 | - | €30,828 | +€30,828 | |
| Profit (loss) for the period | 9904 | €25,240 | €63,338 | +€38,098 | +150.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,240 | €63,338 | +€38,098 | +150.9% |
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 7 October 2026 via checked.be.