STS Constructies: 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.
STS Constructies
Largest movements
- Tangible fixed assets -€36,061
down €36,061 (-16.9%), from €212,835 to €176,774
of which Land and buildings: -€22,794
- Receivables within one year -€29,214
down €29,214 (-53.5%), from €54,579 to €25,365
of which Trade receivables: -€14,780
- Cash -€5,042
down €5,042 (-97.5%), from €5,173 to €131
mainly Net result for the year (-€44,369) and Tax, wage and social debts (-€15,383)
- Profit (loss) carried forward -€43,562
down €43,562, from €46 to -€43,516
- Other debts +€24,502
up €24,502 (+4043.2%), from €606 to €25,108
- Tax, wage and social debts -€15,383
down €15,383 (-99.4%), from €15,480 to €97
of which Remuneration and social security: -€15,383
- Current portion of long-term debt -€13,481
down €13,481 (-49.1%), from €27,447 to €13,966
- Debts after one year -€12,926
down €12,926 (-11.1%), from €116,863 to €103,937
- Gross operating margin -€124,140
down €124,140 (-86.8%), from €142,953 to €18,813
- Staff costs -€80,298
down €80,298 (-83.2%), from €96,501 to €16,203
- Depreciation -€2,144
down €2,144 (-5.4%), from €39,743 to €37,599
- Financial charges +€1,938
up €1,938 (+44.0%), from €4,405 to €6,343
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 | €291,976 | €221,264 | -€70,712 | -24.2% |
| Fixed assets | 21/28 | €214,042 | €177,981 | -€36,061 | -16.8% |
| Tangible fixed assets | 22/27 | €212,835 | €176,774 | -€36,061 | -16.9% |
| Land and buildings | 22 | €187,891 | €165,097 | -€22,794 | -12.1% |
| Plant, machinery and equipment | 23 | €11,766 | €8,575 | -€3,191 | -27.1% |
| Furniture and vehicles | 24 | €13,178 | €3,102 | -€10,076 | -76.5% |
| Financial fixed assets | 28 | €1,207 | €1,207 | = | 0.0% |
| Current assets | 29/58 | €77,934 | €43,283 | -€34,651 | -44.5% |
| Stocks and contracts in progress | 3 | €9,740 | €11,500 | +€1,760 | +18.1% |
| Stocks | 30/36 | €5,490 | €5,500 | +€10 | +0.2% |
| Contracts in progress | 37 | €4,250 | €6,000 | +€1,750 | +41.2% |
| Amounts receivable within one year | 40/41 | €54,579 | €25,365 | -€29,214 | -53.5% |
| Trade receivables | 40 | €31,365 | €16,585 | -€14,780 | -47.1% |
| Other amounts receivable | 41 | €23,214 | €8,780 | -€14,434 | -62.2% |
| Current investments | 50/53 | - | €661 | +€661 | |
| Cash at bank and in hand | 54/58 | €5,173 | €131 | -€5,042 | -97.5% |
| Deferred charges and accrued income | 490/1 | €8,442 | €5,626 | -€2,816 | -33.4% |
| Total equity and liabilities | 10/49 | €291,976 | €221,264 | -€70,712 | -24.2% |
| Equity | 10/15 | €103,466 | €59,097 | -€44,369 | -42.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,820 | €84,013 | -€807 | -1.0% |
| Distributable reserves | 133 | €84,820 | €84,013 | -€807 | -1.0% |
| Profit (loss) carried forward | 14 | €46 | -€43,516 | -€43,562 | |
| Amounts payable | 17/49 | €188,510 | €162,167 | -€26,343 | -14.0% |
| Amounts payable after more than one year | 17 | €116,863 | €103,937 | -€12,926 | -11.1% |
| Financial debts | 170/4 | €116,863 | €103,937 | -€12,926 | -11.1% |
| Amounts payable within one year | 42/48 | €71,647 | €58,230 | -€13,417 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €27,447 | €13,966 | -€13,481 | -49.1% |
| Trade debts | 44 | €28,114 | €19,059 | -€9,055 | -32.2% |
| Suppliers | 440/4 | €28,114 | €19,059 | -€9,055 | -32.2% |
| Taxes, remuneration and social security | 45 | €15,480 | €97 | -€15,383 | -99.4% |
| Taxes | 450/3 | €4 | €4 | = | 0.0% |
| Remuneration and social security | 454/9 | €15,476 | €93 | -€15,383 | -99.4% |
| Other amounts payable | 47/48 | €606 | €25,108 | +€24,502 | +4043.2% |
| Remuneration, social security and pensions | 62 | €96,501 | €16,203 | -€80,298 | -83.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,743 | €37,599 | -€2,144 | -5.4% |
| Other operating charges | 640/8 | €2,295 | €2,992 | +€697 | +30.4% |
| Gross operating margin | 9900 | €142,953 | €18,813 | -€124,140 | -86.8% |
| Operating profit (loss) | 9901 | €4,414 | -€37,981 | -€42,395 | |
| Financial income | 75/76B | €43 | €153 | +€110 | +255.8% |
| Recurring financial income | 75 | €43 | €153 | +€110 | +255.8% |
| Financial charges | 65/66B | €4,405 | €6,343 | +€1,938 | +44.0% |
| Recurring financial charges | 65 | €4,405 | €6,343 | +€1,938 | +44.0% |
| Profit (loss) for the period before taxes | 9903 | €52 | -€44,171 | -€44,223 | |
| Income taxes | 67/77 | €6 | €198 | +€192 | +3200.0% |
| Profit (loss) for the period | 9904 | €46 | -€44,369 | -€44,415 | |
| Profit (loss) for the period to be appropriated | 9905 | €46 | -€44,369 | -€44,415 |
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.