STEDA: 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.
STEDA
Largest movements
- Cash -€3,345
down €3,345 (-7.4%), from €45,349 to €42,004
mainly Net result for the year (-€5,605) and Trade debts (-€119)
- Receivables within one year -€2,379
down €2,379 (-3.6%), from €66,602 to €64,223
- Profit (loss) carried forward -€5,605
down €5,605 (-6.8%), from €82,116 to €76,511
- Gross operating margin -€5,968
down €5,968 (-233%), from -€2,557 to -€8,525
- Purchases and services +€5,968
up €5,968 (+233%), from €2,557 to €8,525
- Financial income -€561
down €561 (-14.2%), from €3,964 to €3,403
of which Financial income: -€561
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 | €111,951 | €106,227 | -€5,724 | -5.1% |
| Current assets | 29/58 | €111,951 | €106,227 | -€5,724 | -5.1% |
| Amounts receivable within one year | 40/41 | €66,602 | €64,223 | -€2,379 | -3.6% |
| Other amounts receivable | 41 | €66,602 | €64,223 | -€2,379 | -3.6% |
| Cash at bank and in hand | 54/58 | €45,349 | €42,004 | -€3,345 | -7.4% |
| Total equity and liabilities | 10/49 | €111,951 | €106,227 | -€5,724 | -5.1% |
| Equity | 10/15 | €107,656 | €102,051 | -€5,605 | -5.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,948 | €6,948 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,948 | €6,948 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,948 | €6,948 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,116 | €76,511 | -€5,605 | -6.8% |
| Provisions and deferred taxes | 16 | €4,176 | €4,176 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €4,176 | €4,176 | = | 0.0% |
| Other liabilities and charges | 164/5 | €4,176 | €4,176 | = | 0.0% |
| Amounts payable | 17/49 | €119 | - | -€119 | |
| Amounts payable within one year | 42/48 | €119 | - | -€119 | |
| Trade debts | 44 | €119 | - | -€119 | |
| Suppliers | 440/4 | €119 | - | -€119 | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,557 | €8,525 | +€5,968 | +233% |
| Other operating charges | 640/8 | €106 | €83 | -€23 | -21.7% |
| Gross operating margin | 9900 | -€2,557 | -€8,525 | -€5,968 | -233% |
| Operating profit (loss) | 9901 | -€2,663 | -€8,608 | -€5,945 | -223% |
| Financial income | 75/76B | €3,964 | €3,403 | -€561 | -14.2% |
| Recurring financial income | 75 | €3,964 | €3,403 | -€561 | -14.2% |
| Non-recurring financial income | 76B | - | €3,403 | +€3,403 | |
| Profit (loss) for the period before taxes | 9903 | €1,301 | -€5,205 | -€6,506 | |
| Income taxes | 67/77 | €451 | €400 | -€51 | -11.3% |
| Profit (loss) for the period | 9904 | €850 | -€5,605 | -€6,455 | |
| Profit (loss) for the period to be appropriated | 9905 | €850 | -€5,605 | -€6,455 |
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 1 November 2026 via checked.be.