STS Holding: 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 Holding
Largest movements
- Current investments +€7.5m
new in 2025: €7.5m
- Financial fixed assets -€2.8m
down €2.8m (-27.3%), from €10.3m to €7.5m
- Receivables after one year +€2.7m
new in 2025: €2.7m
- Reserves +€7.5m
new in 2025: €7.5m
- Financial income +€7.6m
new in 2025: €7.6m
of which Non-recurring financial income: +€7.3m
- Taxes +€49,625
new in 2025: €49,625
- Gross operating margin -€37,742
down €37,742 (-6566.7%), from -€575 to -€38,317
- Financial charges +€970
up €970 (+2228.7%), from €44 to €1,013
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 | €10,314,533 | €17,835,583 | +€7.5m | +72.9% |
| Fixed assets | 21/28 | €10,314,500 | €7,500,000 | -€2.8m | -27.3% |
| Financial fixed assets | 28 | €10,314,500 | €7,500,000 | -€2.8m | -27.3% |
| Current assets | 29/58 | €33 | €10,335,583 | +€10.3m | +31253552.7% |
| Amounts receivable after more than one year | 29 | - | €2,662,192 | +€2.7m | |
| Other amounts receivable | 291 | - | €2,662,192 | +€2.7m | |
| Amounts receivable within one year | 40/41 | - | €22,747 | +€22,747 | |
| Other amounts receivable | 41 | - | €22,747 | +€22,747 | |
| Current investments | 50/53 | - | €7,465,365 | +€7.5m | |
| Cash at bank and in hand | 54/58 | €33 | €31,591 | +€31,558 | +95429.1% |
| Deferred charges and accrued income | 490/1 | - | €153,687 | +€153,687 | |
| Total equity and liabilities | 10/49 | €10,314,533 | €17,835,583 | +€7.5m | +72.9% |
| Equity | 10/15 | €10,258,998 | €17,779,991 | +€7.5m | +73.3% |
| Contributions | 10/11 | €10,270,000 | €10,270,000 | = | 0.0% |
| Reserves | 13 | - | €7,509,991 | +€7.5m | |
| Distributable reserves | 133 | - | €7,509,991 | +€7.5m | |
| Profit (loss) carried forward | 14 | -€11,002 | - | +€11,002 | |
| Amounts payable | 17/49 | €55,535 | €55,592 | +€57 | +0.1% |
| Amounts payable within one year | 42/48 | €55,492 | €55,592 | +€100 | +0.2% |
| Taxes, remuneration and social security | 45 | - | €55,590 | +€55,590 | |
| Taxes | 450/3 | - | €55,590 | +€55,590 | |
| Other amounts payable | 47/48 | €55,492 | €2 | -€55,490 | -100.0% |
| Accrued charges and deferred income | 492/3 | €44 | - | -€44 | |
| Other operating charges | 640/8 | €1,254 | €1,267 | +€14 | +1.1% |
| Gross operating margin | 9900 | -€575 | -€38,317 | -€37,742 | -6566.7% |
| Operating profit (loss) | 9901 | -€1,828 | -€39,584 | -€37,756 | -2065.0% |
| Financial income | 75/76B | - | €7,611,216 | +€7.6m | |
| Recurring financial income | 75 | - | €270,100 | +€270,100 | |
| Non-recurring financial income | 76B | - | €7,341,116 | +€7.3m | |
| Financial charges | 65/66B | €44 | €1,013 | +€970 | +2228.7% |
| Recurring financial charges | 65 | €44 | €1,013 | +€970 | +2228.7% |
| Profit (loss) for the period before taxes | 9903 | -€1,872 | €7,570,618 | +€7.6m | |
| Income taxes | 67/77 | - | €49,625 | +€49,625 | |
| Profit (loss) for the period | 9904 | -€1,872 | €7,520,993 | +€7.5m | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,872 | €7,520,993 | +€7.5m |
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 12 October 2026 via checked.be.