STICCA
Dissolved and wound up on 17-03-2026Financials · financial year 2025, full format
Annual accounts 2025 filed on 04-02-2026 PDF all 35 filings
Turnover
€160,654▼ 52.3%
2020 · €337,153
EBIT margin
-16.3%▼ 41.2pp
2020 · 24.9%
Net result
€26,173▲ 124%
2024 · €11,661
Working capital
€69,090▲ 65.5%
2024 · €41,755
Multi-year overview
2018 to 2025, 8 financial yearsTurnover
no figure
2025
20182025
Operating result
€34,271
▲ 158%
2025
20182025
Net result
€26,173
▲ 124%
2025
20182025
EBIT margin
no figure
2025
20182025
Equity
€69,090
▲ 61.0%
2025
20182025
Total assets
€74,381
▲ 3.1%
2025
20182025
Debt
€5,291
▼ 81.9%
2025
20182025
Working capital
€69,090
▲ 65.5%
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€300,461-€118,914▼ 60.4%€337,153▲ 184%€160,654▼ 52.3%
Operating result-€16,656--€41,653▼ 150%€84,108-€26,145-€17,467▲ 33.2%€30,222€13,301▼ 56.0%€34,271▲ 158%
Net result-€21,176--€44,652▼ 111%€80,602-€27,282-€18,692▲ 31.5%€29,627€11,661▼ 60.6%€26,173▲ 124%
EBIT margin-5.5%--35.0%▼ 29.5pp24.9%▲ 60.0pp-16.3%▼ 41.2pp
Equity-€24,756--€34,408▼ 39.0%€47,602€20,320▼ 57.3%€1,629▼ 92.0%€31,255▲ 19×€42,916▲ 37.3%€69,090▲ 61.0%
Total assets€93,337-€58,949▼ 36.8%€137,389▲ 133%€51,709▼ 62.4%€38,819▼ 24.9%€81,429▲ 110%€72,117▼ 11.4%€74,381▲ 3.1%
Debt€118,093-€93,357▼ 20.9%€89,786▼ 3.8%€31,388▼ 65.0%€37,191▲ 18.5%€50,174▲ 34.9%€29,200▼ 41.8%€5,291▼ 81.9%
Working capital-€29,563--€38,890▼ 31.5%€36,254€7,612▼ 79.0%-€6,303€28,731€41,755▲ 45.3%€69,090▲ 65.5%
Staff (FTE)1-11=1=1=1=
The operating result for 2025 is 158% higher than in 2024 and the highest since 2020. It is a recovery after the fall in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €74,381
Equity
€69,090 ▲ 61.0%
Debt
€5,291 ▼ 81.9%
Debt's share of the balance-sheet total falls from 40.5% to 7.1%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
14.06▲
2024 · 2.43
Debt to equity
0.08▼
2024 · 0.68
ROE
37.9%▲
2024 · 27.2%
ROA
35.2%▲
2024 · 16.2%
Debt ≤ 1 year
€5,291▼
2024 · €29,200
Income taxes
€7,951▲
2024 · €1,318
Staff costs
€5,423▼
2024 · €25,781
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 1 | 1 | - | 1 |
| full-time | 1 | 1 | - | 1 |
| in full-time equivalents | 1 | 1 | - | 1 |
| Average over the year, in full-time equivalents | 1 | 1 | 1 | 1 |
| On a permanent contract | 1 | 1 | - | 1 |
| Joined | 1 | - | - | - |
| Left | 1 | - | - | - |
Source: social balance sheet in the 2021 to 2024 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €8,389 | €547 | - | €4,005 |
| Depreciation and write-downs of the year | €10,885 | €13,981 | €1,293 | €1,362 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €300,461 | €118,914 | €337,153 | €160,654 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €152,937 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €30,969 | €27,030 | €49,423 | €25,781 | €5,423 | ▼ 79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,956 | €10,285 | €10,302 | €10,885 | €13,981 | €1,293 | €1,362 | - | - |
| Other operating charges640/8 | - | - | - | €1,856 | €1,766 | €1,013 | €551 | €151 | ▼ 72.5% |
| Gross operating margin9900 | €39,130 | €112 | €140,107 | €17,565 | €25,310 | €81,951 | €40,996 | €39,845 | ▼ 2.8% |
| Operating profit (loss)9901 | -€16,656 | -€41,653 | €84,108 | -€26,145 | -€17,467 | €30,222 | €13,301 | €34,271 | ▲ 158% |
| Financial income75/76B | - | - | - | €0 | €5 | €37 | €68 | €1 | ▼ 98.8% |
| Recurring financial income75 | €0 | - | - | €0 | €5 | €37 | €68 | €1 | ▼ 98.8% |
| Non-recurring financial income76B | - | - | - | €0 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €475 | €631 | €339 | €390 | €147 | ▼ 62.5% |
| Recurring financial charges65 | €3,884 | €2,297 | €1,748 | €475 | €631 | €339 | €390 | €147 | ▼ 62.5% |
| Profit (loss) for the period before taxes9903 | -€20,539 | -€43,950 | €82,361 | -€26,621 | -€18,092 | €29,920 | €12,979 | €34,125 | ▲ 163% |
| Income taxes67/77 | €637 | €701 | €1,759 | €661 | €600 | €294 | €1,318 | €7,951 | ▲ 503% |
| Profit (loss) for the period9904 | -€21,176 | -€44,652 | €80,602 | -€27,282 | -€18,692 | €29,627 | €11,661 | €26,173 | ▲ 124% |
| Profit (loss) for the period to be appropriated9905 | -€21,176 | -€44,652 | €80,602 | -€27,282 | -€18,692 | €29,627 | €11,661 | €26,173 | ▲ 124% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €93,337 | €58,949 | €137,389 | €51,709 | €38,819 | €81,429 | €72,117 | €74,381 | ▲ 3.1% |
| Fixed assets21/28 | €42,186 | €29,726 | €24,408 | €13,523 | €7,931 | €2,524 | €1,162 | - | - |
| Tangible fixed assets22/27 | €42,137 | €29,676 | €24,359 | €13,474 | €7,882 | €2,475 | €1,112 | - | - |
| Furniture and vehicles24 | - | - | - | €7,728 | €7,882 | €2,475 | €1,112 | - | - |
| Other tangible fixed assets26 | - | - | - | €5,746 | - | - | - | - | - |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | €50 | €50 | - | - |
| Current assets29/58 | €51,151 | €29,223 | €112,980 | €38,185 | €30,888 | €78,905 | €70,955 | €74,381 | ▲ 4.8% |
| Stocks and contracts in progress3 | €4,103 | €3,061 | €3,904 | €2,666 | €3,539 | €1,128 | €522 | - | - |
| Stocks30/36 | - | - | - | €2,666 | €3,539 | €1,128 | €522 | - | - |
| Amounts receivable within one year40/41 | €23,222 | €5,808 | €41,015 | €18,035 | €19,021 | €26,586 | €30,740 | €55,783 | ▲ 81.5% |
| Trade receivables40 | - | - | - | €14,085 | €16,370 | €18,735 | €19,582 | - | - |
| Other amounts receivable41 | - | - | - | €3,951 | €2,651 | €7,851 | €11,158 | €55,783 | ▲ 400% |
| Cash at bank and in hand54/58 | €18,952 | €17,188 | €66,754 | €15,442 | €6,639 | €47,400 | €37,137 | €18,598 | ▼ 49.9% |
| Deferred charges and accrued income490/1 | - | - | - | €2,043 | €1,689 | €3,791 | €2,555 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €93,337 | €58,949 | €137,389 | €51,709 | €38,819 | €81,429 | €72,117 | €74,381 | ▲ 3.1% |
| Equity10/15 | -€24,756 | -€34,408 | €47,602 | €20,320 | €1,629 | €31,255 | €42,916 | €69,090 | ▲ 61.0% |
| Contributions10/11 | €18,592 | €53,592 | - | €55,000 | €55,000 | €55,000 | €55,000 | €55,000 | = |
| Reserves13 | €20,159 | €20,159 | €1,859 | €1,859 | €1,859 | €1,859 | €13,520 | €14,090 | ▲ 4.2% |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | - | - | - | €11,661 | €12,231 | ▲ 4.9% |
| Profit (loss) carried forward14 | -€63,507 | -€108,159 | -€9,257 | -€36,539 | -€55,231 | -€25,604 | -€25,604 | - | - |
| Amounts payable17/49 | €118,093 | €93,357 | €89,786 | €31,388 | €37,191 | €50,174 | €29,200 | €5,291 | ▼ 81.9% |
| Amounts payable after more than one year17 | €37,369 | €25,244 | €13,059 | €815 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €815 | - | - | - | - | - |
| Amounts payable within one year42/48 | €80,714 | €68,113 | €76,727 | €30,574 | €37,191 | €50,174 | €29,200 | €5,291 | ▼ 81.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €12,245 | €815 | €4,000 | €4,000 | - | - |
| Trade debts44 | €40,540 | €13,892 | €40,610 | €14,945 | €22,066 | €25,699 | €17,022 | €4,544 | ▼ 73.3% |
| Suppliers440/4 | - | - | - | €14,945 | €21,366 | €25,699 | €17,022 | €4,544 | ▼ 73.3% |
| Bills of exchange payable441 | - | - | - | - | €700 | - | - | - | - |
| Advances received on contracts in progress46 | - | - | - | - | - | €4,000 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €3,154 | €3,778 | €5,312 | €1,692 | €747 | ▼ 55.8% |
| Taxes450/3 | - | - | - | €878 | €1,632 | €240 | €240 | €747 | ▲ 211% |
| Remuneration and social security454/9 | - | - | - | €2,276 | €2,147 | €5,072 | €1,451 | - | - |
| Other amounts payable47/48 | - | - | - | €230 | €10,532 | €11,163 | €6,487 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€21,176 | -€44,652 | €80,602 | -€27,282 | -€18,692 | €29,627 | €11,661 | €26,173 | ▲ 124% |
| + Depreciation and write-downs630 | €12,956 | €10,285 | €10,302 | €10,885 | €13,981 | €1,293 | €1,362 | - | - |
| Operating cash flow (approximation) | -€8,220 | -€34,366 | €90,905 | -€16,397 | -€4,711 | €30,920 | €13,023 | €26,173 | ▲ 101% |
| Investment in fixed assets (approximation) | - | €2,175 | -€4,985 | €0 | -€8,389 | €4,114 | €0 | - | - |
| Change in cash | - | -€1,764 | €49,566 | -€51,313 | -€8,802 | €40,761 | -€10,262 | -€18,540 | ▼ 80.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 35 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 04-02-2026 | 2026-00032397 | |
| 31-12-2024 | full format | 17-05-2025 | 2025-00100408 | |
| 31-12-2023 | full format | 02-07-2024 | 2024-00203754 | |
| 31-12-2022 | full format | 20-06-2023 | 2023-00145296 | |
| 31-12-2021 | full format | 20-05-2022 | 2022-20034900 | |
| 31-12-2020 | full format | 30-06-2021 | 2021-28400476 | |
| 31-12-2019 | full format | 26-05-2020 | 2020-13200034 | |
| 31-12-2018 | full format | 28-05-2019 | 2019-14900160 | |
| 31-12-2017 | full format | 18-05-2018 | 2018-13200488 | |
| 31-12-2016 | full format | 08-05-2017 | 2017-11500263 |