STT: 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.
STT
Largest movements
- Cash +€7,092
up €7,092 (+66.8%), from €10,623 to €17,715
mainly Other debts (+€5,289) and Net result for the year (+€1,779)
- Receivables within one year -€962
down €962 (-12.6%), from €7,652 to €6,691
of which Trade receivables: -€1,585
- Tangible fixed assets -€897
down €897 (-12.4%), from €7,244 to €6,347
of which Plant, machinery and equipment: -€1,678
- Other debts +€5,289
up €5,289 (+45.9%), from €11,528 to €16,817
- Tax, wage and social debts -€1,835
down €1,835 (-79.2%), from €2,318 to €483
- Reserves +€1,779
up €1,779 (+18.4%), from €9,674 to €11,452
- Gross operating margin -€5,884
down €5,884 (-54.6%), from €10,772 to €4,889
- Taxes -€1,427
down €1,427 (-74.7%), from €1,911 to €483
- Depreciation +€714
up €714 (+73.1%), from €978 to €1,692
- Other operating charges +€610
up €610 (+268.8%), from €227 to €837
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 | €25,519 | €30,752 | +€5,233 | +20.5% |
| Fixed assets | 21/28 | €7,244 | €6,347 | -€897 | -12.4% |
| Tangible fixed assets | 22/27 | €7,244 | €6,347 | -€897 | -12.4% |
| Plant, machinery and equipment | 23 | €7,244 | €5,566 | -€1,678 | -23.2% |
| Furniture and vehicles | 24 | - | €780 | +€780 | |
| Current assets | 29/58 | €18,275 | €24,406 | +€6,131 | +33.5% |
| Amounts receivable within one year | 40/41 | €7,652 | €6,691 | -€962 | -12.6% |
| Trade receivables | 40 | €1,585 | - | -€1,585 | |
| Other amounts receivable | 41 | €6,067 | €6,691 | +€623 | +10.3% |
| Cash at bank and in hand | 54/58 | €10,623 | €17,715 | +€7,092 | +66.8% |
| Total equity and liabilities | 10/49 | €25,519 | €30,752 | +€5,233 | +20.5% |
| Equity | 10/15 | €11,674 | €13,452 | +€1,779 | +15.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €9,674 | €11,452 | +€1,779 | +18.4% |
| Distributable reserves | 133 | €9,674 | €11,452 | +€1,779 | +18.4% |
| Amounts payable | 17/49 | €13,846 | €17,300 | +€3,454 | +24.9% |
| Amounts payable within one year | 42/48 | €13,846 | €17,300 | +€3,454 | +24.9% |
| Taxes, remuneration and social security | 45 | €2,318 | €483 | -€1,835 | -79.2% |
| Taxes | 450/3 | €2,318 | €483 | -€1,835 | -79.2% |
| Other amounts payable | 47/48 | €11,528 | €16,817 | +€5,289 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €978 | €1,692 | +€714 | +73.1% |
| Other operating charges | 640/8 | €227 | €837 | +€610 | +268.8% |
| Gross operating margin | 9900 | €10,772 | €4,889 | -€5,884 | -54.6% |
| Operating profit (loss) | 9901 | €9,567 | €2,359 | -€7,208 | -75.3% |
| Financial charges | 65/66B | €96 | €97 | +€2 | +1.8% |
| Recurring financial charges | 65 | €96 | €97 | +€2 | +1.8% |
| Profit (loss) for the period before taxes | 9903 | €9,472 | €2,262 | -€7,210 | -76.1% |
| Income taxes | 67/77 | €1,911 | €483 | -€1,427 | -74.7% |
| Profit (loss) for the period | 9904 | €7,561 | €1,779 | -€5,783 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,561 | €1,779 | -€5,783 | -76.5% |
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 6 October 2026 via checked.be.