STS FINANCE: 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.
STS FINANCE
Largest movements
- Receivables within one year +€36,979
up €36,979 (+784%), from €4,719 to €41,698
of which Trade receivables: +€39,499
- Cash -€18,339
down €18,339 (-100.0%), from €18,341 to €3
mainly Receivables within one year (-€36,979) and Net result for the year (-€3,706)
- Trade debts +€19,418
up €19,418 (+5,550%), from €350 to €19,768
- Profit (loss) carried forward -€3,706
down €3,706 (-55.1%), from €6,720 to €3,014
- Other debts +€1,834
up €1,834 (+61.9%), from €2,964 to €4,799
- Tax, wage and social debts +€866
up €866 (+21.4%), from €4,037 to €4,903
- Gross operating margin -€23,736
down €23,736, from €21,139 to -€2,598
- Taxes -€4,037
down €4,037 (-100%), from €4,037 to €0
- Financial charges -€241
down €241 (-56.2%), from €428 to €187
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.
Derived cash bridge
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 | €24,072 | €42,506 | +€18,434 | +76.6% |
| Fixed assets | 21/28 | €1,011 | €805 | -€206 | -20.4% |
| Tangible fixed assets | 22/27 | €1,011 | €805 | -€206 | -20.4% |
| Plant, machinery and equipment | 23 | €1,011 | €805 | -€206 | -20.4% |
| Current assets | 29/58 | €23,060 | €41,700 | +€18,640 | +80.8% |
| Amounts receivable within one year | 40/41 | €4,719 | €41,698 | +€36,979 | +784% |
| Trade receivables | 40 | €2,198 | €41,698 | +€39,499 | +1,797% |
| Other amounts receivable | 41 | €2,520 | €0 | -€2,520 | -100% |
| Cash at bank and in hand | 54/58 | €18,341 | €3 | -€18,339 | -100.0% |
| Total equity and liabilities | 10/49 | €24,072 | €42,506 | +€18,434 | +76.6% |
| Equity | 10/15 | €16,720 | €13,014 | -€3,706 | -22.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,720 | €3,014 | -€3,706 | -55.1% |
| Amounts payable | 17/49 | €7,352 | €29,492 | +€22,140 | +301% |
| Amounts payable within one year | 42/48 | €7,352 | €29,492 | +€22,140 | +301% |
| Current portion of amounts payable after more than one year | 42 | - | €22 | +€22 | |
| Trade debts | 44 | €350 | €19,768 | +€19,418 | +5,550% |
| Suppliers | 440/4 | €350 | €19,768 | +€19,418 | +5,550% |
| Taxes, remuneration and social security | 45 | €4,037 | €4,903 | +€866 | +21.4% |
| Taxes | 450/3 | €4,037 | €4,903 | +€866 | +21.4% |
| Other amounts payable | 47/48 | €2,964 | €4,799 | +€1,834 | +61.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19 | €206 | +€187 | +1,009% |
| Other operating charges | 640/8 | €949 | €788 | -€161 | -17.0% |
| Gross operating margin | 9900 | €21,139 | -€2,598 | -€23,736 | |
| Operating profit (loss) | 9901 | €20,171 | -€3,591 | -€23,763 | |
| Financial income | 75/76B | €2 | €73 | +€72 | +4,018% |
| Recurring financial income | 75 | €2 | €73 | +€72 | +4,018% |
| Financial charges | 65/66B | €428 | €187 | -€241 | -56.2% |
| Recurring financial charges | 65 | €428 | €187 | -€241 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €19,745 | -€3,706 | -€23,450 | |
| Income taxes | 67/77 | €4,037 | €0 | -€4,037 | -100% |
| Profit (loss) for the period | 9904 | €15,707 | -€3,706 | -€19,413 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,707 | -€3,706 | -€19,413 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.