STS SERVICES & LOGISTICS: what changed
STS SERVICES & LOGISTICS
Largest movements
- Cash +€28,196
up €28,196 (+8,174%), from €345 to €28,541
mainly Debts after one year (+€62,135) and Net result for the year (+€41,623)
- Stocks and contracts +€26,342
up €26,342 (+76.6%), from €34,376 to €60,719
- Receivables within one year +€19,898
up €19,898 (+28.8%), from €69,034 to €88,932
of which Trade receivables: +€21,740
- Debts after one year +€62,135
new in 2025: €62,135
- Profit (loss) carried forward +€41,623
up €41,623 (+11.2%), from -€371,008 to -€329,385
- Other debts -€28,234
down €28,234 (-79.2%), from €35,657 to €7,423
- Tax, wage and social debts -€20,902
down €20,902 (-37.9%), from €55,168 to €34,266
of which Taxes: -€22,164
- Current portion of long-term debt +€13,084
up €13,084 (+10.0%), from €130,572 to €143,656
- Staff costs -€85,872
down €85,872 (-52.5%), from €163,645 to €77,773
- Gross operating margin -€51,641
down €51,641 (-27.4%), from €188,296 to €136,656
- Other operating charges -€7,737
down €7,737 (-53.8%), from €14,369 to €6,632
- Financial charges -€3,996
down €3,996 (-33.9%), from €11,778 to €7,782
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €118,287 | €190,864 | +€72,577 | +61.4% |
| Fixed assets | 21/28 | €5,705 | €3,810 | -€1,896 | -33.2% |
| Tangible fixed assets | 22/27 | €5,705 | €3,810 | -€1,896 | -33.2% |
| Plant, machinery and equipment | 23 | €1,671 | €1,676 | +€4 | +0.3% |
| Furniture and vehicles | 24 | €4,034 | €2,134 | -€1,900 | -47.1% |
| Current assets | 29/58 | €112,582 | €187,054 | +€74,472 | +66.1% |
| Stocks and contracts in progress | 3 | €34,376 | €60,719 | +€26,342 | +76.6% |
| Stocks | 30/36 | €34,376 | €60,719 | +€26,342 | +76.6% |
| Amounts receivable within one year | 40/41 | €69,034 | €88,932 | +€19,898 | +28.8% |
| Trade receivables | 40 | €67,192 | €88,932 | +€21,740 | +32.4% |
| Other amounts receivable | 41 | €1,841 | - | -€1,841 | |
| Cash at bank and in hand | 54/58 | €345 | €28,541 | +€28,196 | +8,174% |
| Deferred charges and accrued income | 490/1 | €8,827 | €8,863 | +€36 | +0.4% |
| Total equity and liabilities | 10/49 | €118,287 | €190,864 | +€72,577 | +61.4% |
| Equity | 10/15 | -€361,008 | -€319,385 | +€41,623 | +11.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,008 | -€329,385 | +€41,623 | +11.2% |
| Amounts payable | 17/49 | €479,295 | €510,249 | +€30,954 | +6.5% |
| Amounts payable after more than one year | 17 | - | €62,135 | +€62,135 | |
| Financial debts | 170/4 | - | €62,135 | +€62,135 | |
| Amounts payable within one year | 42/48 | €479,295 | €447,548 | -€31,747 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €130,572 | €143,656 | +€13,084 | +10.0% |
| Trade debts | 44 | €257,898 | €262,203 | +€4,305 | +1.7% |
| Suppliers | 440/4 | €257,898 | €262,203 | +€4,305 | +1.7% |
| Taxes, remuneration and social security | 45 | €55,168 | €34,266 | -€20,902 | -37.9% |
| Taxes | 450/3 | €36,320 | €14,156 | -€22,164 | -61.0% |
| Remuneration and social security | 454/9 | €18,847 | €20,110 | +€1,262 | +6.7% |
| Other amounts payable | 47/48 | €35,657 | €7,423 | -€28,234 | -79.2% |
| Accrued charges and deferred income | 492/3 | - | €567 | +€567 | |
| Remuneration, social security and pensions | 62 | €163,645 | €77,773 | -€85,872 | -52.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,092 | €2,846 | -€246 | -8.0% |
| Other operating charges | 640/8 | €14,369 | €6,632 | -€7,737 | -53.8% |
| Gross operating margin | 9900 | €188,296 | €136,656 | -€51,641 | -27.4% |
| Operating profit (loss) | 9901 | €7,191 | €49,404 | +€42,214 | +587% |
| Financial charges | 65/66B | €11,778 | €7,782 | -€3,996 | -33.9% |
| Recurring financial charges | 65 | €11,778 | €7,782 | -€3,996 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,587 | €41,623 | +€46,210 | |
| Profit (loss) for the period | 9904 | -€4,587 | €41,623 | +€46,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,587 | €41,623 | +€46,210 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.