STZ Trans: 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.
STZ Trans
Largest movements
- Tangible fixed assets +€116,282
up €116,282 (+97.4%), from €119,387 to €235,669
of which Furniture and vehicles: +€116,510
- Receivables within one year +€53,042
up €53,042 (+50.5%), from €105,104 to €158,146
- Cash +€33,670
up €33,670 (+56.1%), from €60,046 to €93,716
mainly Depreciation (+€83,859) and Debts after one year (+€75,825)
- Profit (loss) carried forward -€87,402
no longer reported in 2025 (was €87,402)
- Debts after one year +€75,825
up €75,825 (+120%), from €63,109 to €138,934
- Tax, wage and social debts +€67,210
up €67,210 (+87.7%), from €76,631 to €143,841
of which Taxes: +€43,431
- Other debts +€45,938
new in 2025: €45,938
- Reserves +€38,670
new in 2025: €38,670
of which Distributable reserves: +€38,370
- Turnover +€480,742
up €480,742 (+70.6%), from €680,675 to €1.2m
- Purchases and services +€250,706
up €250,706 (+65.6%), from €382,291 to €632,997
- Gross operating margin +€198,167
up €198,167 (+59.9%), from €330,740 to €528,907
- Staff costs +€188,840
up €188,840 (+109%), from €173,913 to €362,753
- Depreciation +€36,935
up €36,935 (+78.7%), from €46,924 to €83,859
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 | €284,537 | €487,531 | +€202,994 | +71.3% |
| Fixed assets | 21/28 | €119,387 | €235,669 | +€116,282 | +97.4% |
| Tangible fixed assets | 22/27 | €119,387 | €235,669 | +€116,282 | +97.4% |
| Plant, machinery and equipment | 23 | €2,310 | €1,832 | -€478 | -20.7% |
| Furniture and vehicles | 24 | €111,691 | €228,202 | +€116,510 | +104% |
| Assets under construction and advance payments | 27 | €5,385 | €5,635 | +€250 | +4.6% |
| Current assets | 29/58 | €165,151 | €251,862 | +€86,711 | +52.5% |
| Amounts receivable within one year | 40/41 | €105,104 | €158,146 | +€53,042 | +50.5% |
| Trade receivables | 40 | €105,104 | €158,146 | +€53,042 | +50.5% |
| Cash at bank and in hand | 54/58 | €60,046 | €93,716 | +€33,670 | +56.1% |
| Total equity and liabilities | 10/49 | €284,537 | €487,531 | +€202,994 | +71.3% |
| Equity | 10/15 | €90,402 | €41,670 | -€48,733 | -53.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €38,670 | +€38,670 | |
| Non-distributable reserves | 130/1 | - | €300 | +€300 | |
| Reserves not available under the articles | 1311 | - | €300 | +€300 | |
| Distributable reserves | 133 | - | €38,370 | +€38,370 | |
| Profit (loss) carried forward | 14 | €87,402 | - | -€87,402 | |
| Amounts payable | 17/49 | €194,135 | €445,861 | +€251,726 | +130% |
| Amounts payable after more than one year | 17 | €63,109 | €138,934 | +€75,825 | +120% |
| Financial debts | 170/4 | €63,109 | €138,934 | +€75,825 | +120% |
| Amounts payable within one year | 42/48 | €131,026 | €306,927 | +€175,901 | +134% |
| Financial debts | 43 | €25,505 | €56,341 | +€30,835 | +121% |
| Credit institutions | 430/8 | €25,505 | €56,341 | +€30,835 | +121% |
| Trade debts | 44 | €28,889 | €60,807 | +€31,918 | +110% |
| Suppliers | 440/4 | €24,261 | €35,924 | +€11,663 | +48.1% |
| Bills of exchange payable | 441 | €4,628 | €24,883 | +€20,255 | +438% |
| Taxes, remuneration and social security | 45 | €76,631 | €143,841 | +€67,210 | +87.7% |
| Taxes | 450/3 | €51,973 | €95,404 | +€43,431 | +83.6% |
| Remuneration and social security | 454/9 | €24,658 | €48,437 | +€23,779 | +96.4% |
| Other amounts payable | 47/48 | - | €45,938 | +€45,938 | |
| Turnover | 70 | €680,675 | €1,161,417 | +€480,742 | +70.6% |
| Non-recurring operating income | 76A | - | €487 | +€487 | |
| Goods, raw materials, services and sundry goods | 60/61 | €382,291 | €632,997 | +€250,706 | +65.6% |
| Remuneration, social security and pensions | 62 | €173,913 | €362,753 | +€188,840 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,924 | €83,859 | +€36,935 | +78.7% |
| Other operating charges | 640/8 | €1,120 | €1,360 | +€240 | +21.5% |
| Gross operating margin | 9900 | €330,740 | €528,907 | +€198,167 | +59.9% |
| Operating profit (loss) | 9901 | €108,782 | €80,934 | -€27,848 | -25.6% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €4,354 | €17,655 | +€13,300 | +305% |
| Recurring financial charges | 65 | €4,354 | €7,473 | +€3,119 | +71.6% |
| Non-recurring financial charges | 66B | - | €10,181 | +€10,181 | |
| Profit (loss) for the period before taxes | 9903 | €104,436 | €63,280 | -€41,156 | -39.4% |
| Income taxes | 67/77 | €17,033 | €20,647 | +€3,614 | +21.2% |
| Profit (loss) for the period | 9904 | €87,402 | €42,633 | -€44,769 | -51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €87,402 | €42,633 | -€44,769 | -51.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.