STURATEC: 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.
STURATEC
Largest movements
- Tangible fixed assets +€949,182
up €949,182 (+3980.2%), from €23,847 to €973,029
of which Land and buildings: +€966,714
- Cash -€186,921
down €186,921 (-62.3%), from €299,915 to €112,994
mainly Investment in fixed assets (net) (-€998,245) and Tax, wage and social debts (-€7,947)
- Receivables within one year -€155,651
down €155,651 (-91.2%), from €170,686 to €15,035
of which Other amounts receivable: -€170,443
- Debts after one year +€389,826
up €389,826 (+1488.7%), from €26,186 to €416,013
- Other debts +€198,526
up €198,526 (+376.3%), from €52,761 to €251,287
- Reserves +€15,677
up €15,677 (+4.2%), from €369,344 to €385,020
- Financial income -€247,045
down €247,045 (-88.1%), from €280,378 to €33,333
- Gross operating margin -€49,302
down €49,302 (-49.7%), from €99,188 to €49,886
- Depreciation +€30,603
up €30,603 (+165.8%), from €18,460 to €49,064
- Taxes -€13,749
down €13,749 (-99.0%), from €13,881 to €132
- Other operating charges +€2,443
up €2,443 (+752.8%), from €325 to €2,768
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 | €496,288 | €1,101,059 | +€604,771 | +121.9% |
| Fixed assets | 21/28 | €23,847 | €973,029 | +€949,182 | +3980.2% |
| Tangible fixed assets | 22/27 | €23,847 | €973,029 | +€949,182 | +3980.2% |
| Land and buildings | 22 | - | €966,714 | +€966,714 | |
| Plant, machinery and equipment | 23 | €1,258 | €2,128 | +€871 | +69.2% |
| Furniture and vehicles | 24 | €22,590 | €4,187 | -€18,402 | -81.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €472,441 | €128,029 | -€344,411 | -72.9% |
| Amounts receivable within one year | 40/41 | €170,686 | €15,035 | -€155,651 | -91.2% |
| Trade receivables | 40 | €244 | €15,035 | +€14,792 | +6073.6% |
| Other amounts receivable | 41 | €170,443 | €0 | -€170,443 | -100.0% |
| Cash at bank and in hand | 54/58 | €299,915 | €112,994 | -€186,921 | -62.3% |
| Deferred charges and accrued income | 490/1 | €1,840 | €0 | -€1,840 | -100.0% |
| Total equity and liabilities | 10/49 | €496,288 | €1,101,059 | +€604,771 | +121.9% |
| Equity | 10/15 | €379,344 | €395,020 | +€15,677 | +4.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €369,344 | €385,020 | +€15,677 | +4.2% |
| Distributable reserves | 133 | €369,344 | €385,020 | +€15,677 | +4.2% |
| Amounts payable | 17/49 | €116,944 | €706,038 | +€589,094 | +503.7% |
| Amounts payable after more than one year | 17 | €26,186 | €416,013 | +€389,826 | +1488.7% |
| Financial debts | 170/4 | €26,186 | €416,013 | +€389,826 | +1488.7% |
| Amounts payable within one year | 42/48 | €90,758 | €290,026 | +€199,268 | +219.6% |
| Current portion of amounts payable after more than one year | 42 | €13,892 | €23,055 | +€9,162 | +66.0% |
| Trade debts | 44 | €2,017 | €1,543 | -€474 | -23.5% |
| Suppliers | 440/4 | €2,017 | €1,543 | -€474 | -23.5% |
| Taxes, remuneration and social security | 45 | €22,088 | €14,141 | -€7,947 | -36.0% |
| Taxes | 450/3 | €22,088 | €14,141 | -€7,947 | -36.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €52,761 | €251,287 | +€198,526 | +376.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,460 | €49,064 | +€30,603 | +165.8% |
| Other operating charges | 640/8 | €325 | €2,768 | +€2,443 | +752.8% |
| Gross operating margin | 9900 | €99,188 | €49,886 | -€49,302 | -49.7% |
| Operating profit (loss) | 9901 | €80,403 | -€1,945 | -€82,349 | |
| Financial income | 75/76B | €280,378 | €33,333 | -€247,045 | -88.1% |
| Recurring financial income | 75 | €280,378 | €33,333 | -€247,045 | -88.1% |
| Financial charges | 65/66B | €13,576 | €15,579 | +€2,003 | +14.8% |
| Recurring financial charges | 65 | €13,576 | €15,579 | +€2,003 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €347,206 | €15,809 | -€331,397 | -95.4% |
| Income taxes | 67/77 | €13,881 | €132 | -€13,749 | -99.0% |
| Profit (loss) for the period | 9904 | €333,325 | €15,677 | -€317,648 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €333,325 | €15,677 | -€317,648 | -95.3% |
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 2 October 2026 via checked.be.