STT FACADES: 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.
STT FACADES
Largest movements
- Receivables within one year -€304,290
down €304,290 (-66.6%), from €457,134 to €152,845
of which Trade receivables: -€286,165
- Stocks and contracts +€49,708
up €49,708 (+219%), from €22,648 to €72,355
- Tangible fixed assets -€22,596
down €22,596 (-5.8%), from €390,291 to €367,694
of which Furniture and vehicles: -€58,764
- Trade debts -€330,382
down €330,382 (-76.9%), from €429,404 to €99,021
- Debts after one year +€37,835
up €37,835 (+10.8%), from €350,675 to €388,511
- Profit (loss) carried forward +€30,921
no longer reported in 2025 (was -€30,921)
- Reserves -€29,453
down €29,453 (-42.5%), from €69,278 to €39,825
- Gross operating margin +€49,238
up €49,238 (+197%), from €25,054 to €74,293
- Financial charges +€12,601
up €12,601 (+104%), from €12,137 to €24,738
- Other operating charges +€9,057
up €9,057 (+63.1%), from €14,354 to €23,412
- Depreciation -€4,786
down €4,786 (-15.6%), from €30,585 to €25,798
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 | €876,967 | €596,145 | -€280,822 | -32.0% |
| Fixed assets | 21/28 | €390,291 | €367,694 | -€22,596 | -5.8% |
| Tangible fixed assets | 22/27 | €390,291 | €367,694 | -€22,596 | -5.8% |
| Land and buildings | 22 | €309,939 | €323,012 | +€13,073 | +4.2% |
| Plant, machinery and equipment | 23 | €16,885 | €39,980 | +€23,095 | +137% |
| Furniture and vehicles | 24 | €63,467 | €4,703 | -€58,764 | -92.6% |
| Current assets | 29/58 | €486,676 | €228,450 | -€258,226 | -53.1% |
| Stocks and contracts in progress | 3 | €22,648 | €72,355 | +€49,708 | +219% |
| Stocks | 30/36 | €22,648 | €72,355 | +€49,708 | +219% |
| Amounts receivable within one year | 40/41 | €457,134 | €152,845 | -€304,290 | -66.6% |
| Trade receivables | 40 | €409,428 | €123,262 | -€286,165 | -69.9% |
| Other amounts receivable | 41 | €47,707 | €29,582 | -€18,124 | -38.0% |
| Cash at bank and in hand | 54/58 | €2,777 | €2,560 | -€217 | -7.8% |
| Deferred charges and accrued income | 490/1 | €4,117 | €691 | -€3,426 | -83.2% |
| Total equity and liabilities | 10/49 | €876,967 | €596,145 | -€280,822 | -32.0% |
| Equity | 10/15 | €44,357 | €45,825 | +€1,468 | +3.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €69,278 | €39,825 | -€29,453 | -42.5% |
| Distributable reserves | 133 | €69,278 | €39,825 | -€29,453 | -42.5% |
| Profit (loss) carried forward | 14 | -€30,921 | - | +€30,921 | |
| Amounts payable | 17/49 | €832,609 | €550,320 | -€282,290 | -33.9% |
| Amounts payable after more than one year | 17 | €350,675 | €388,511 | +€37,835 | +10.8% |
| Financial debts | 170/4 | €350,675 | €388,511 | +€37,835 | +10.8% |
| Amounts payable within one year | 42/48 | €479,949 | €159,025 | -€320,923 | -66.9% |
| Current portion of amounts payable after more than one year | 42 | €40,781 | €46,228 | +€5,447 | +13.4% |
| Financial debts | 43 | €6,895 | €13,259 | +€6,364 | +92.3% |
| Credit institutions | 430/8 | €6,895 | €13,259 | +€6,364 | +92.3% |
| Trade debts | 44 | €429,404 | €99,021 | -€330,382 | -76.9% |
| Suppliers | 440/4 | €429,404 | €99,021 | -€330,382 | -76.9% |
| Taxes, remuneration and social security | 45 | €2,869 | €517 | -€2,352 | -82.0% |
| Taxes | 450/3 | €2,869 | €517 | -€2,352 | -82.0% |
| Accrued charges and deferred income | 492/3 | €1,986 | €2,784 | +€798 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,585 | €25,798 | -€4,786 | -15.6% |
| Other operating charges | 640/8 | €14,354 | €23,412 | +€9,057 | +63.1% |
| Gross operating margin | 9900 | €25,054 | €74,293 | +€49,238 | +197% |
| Operating profit (loss) | 9901 | -€19,884 | €25,083 | +€44,967 | |
| Financial income | 75/76B | €1,464 | €1,380 | -€84 | -5.7% |
| Recurring financial income | 75 | €1,464 | €1,380 | -€84 | -5.7% |
| Financial charges | 65/66B | €12,137 | €24,738 | +€12,601 | +104% |
| Recurring financial charges | 65 | €12,137 | €24,738 | +€12,601 | +104% |
| Profit (loss) for the period before taxes | 9903 | -€30,557 | €1,724 | +€32,282 | |
| Income taxes | 67/77 | €363 | €257 | -€107 | -29.3% |
| Profit (loss) for the period | 9904 | -€30,921 | €1,468 | +€32,388 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,921 | €1,468 | +€32,388 |
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 24 October 2026 via checked.be.