NYCO-STPC: 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.
What changed
NYCO-STPC
NACE 20.590, Manufacture of chemicals and chemical products
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.0m
2024 · €2.0m+€4,692
Equity
€25.7m
2024 · €17.8m+€7.9m
Cash
€503,559
2024 · €346,200+€157,360
Balance sheet total
€49.2m
2024 · €47.8m+€1.5m
Largest movements
Assets
- Receivables within one year +€1.0m
up €1.0m (+13.7%), from €7.6m to €8.7m
of which Trade receivables: +€931,194
Equity and liabilities
- Other debts -€6.1m
down €6.1m (-57.3%), from €10.7m to €4.6m
- Contributions +€6.0m
up €6.0m (+171.1%), from €3.5m to €9.5m
of which Outside capital: +€4.7m
- Reserves +€2.0m
up €2.0m (+15.0%), from €13.4m to €15.4m
of which Distributable reserves: +€1.9m
Income statement
- Turnover +€16.2m
up €16.2m (+18.5%), from €87.5m to €103.7m
- Goods and materials +€7.2m
up €7.2m (+9.9%), from €72.7m to €79.9m
of which Purchases: +€8.6m
- Staff costs +€1.2m
up €1.2m (+16.5%), from €7.4m to €8.6m
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.
Result 2024
€2.0m
Turnover
+€16.2m
Other operating income
+€16,770
Goods and materials
-€7.2m
Services and other goods
-€659,968
Staff costs
-€1.2m
Depreciation
-€140,596
Write-downs
+€211,580
Provisions
-€12,500
Other operating charges
-€22,583
Other operating items
-€7.2m
Financial income
+€5,250
Financial charges
-€84,371
Taxes
+€108,917
Result 2025
€2.0m
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.
From operations
-€3.7m
Investment
-€2.1m
Financing
+€5.9m
Cash 2024
€346,200
From operations (derived)
-€3.7m
Net result for the year
+€2.0m
Depreciation
+€2.4m
Stocks and contracts
-€465,540
Receivables within one year
-€1.0m
Deferred charges and accrued income
-€148,550
Trade debts
-€284,814
Tax, wage and social debts
+€44,759
Other debts
-€6.1m
Accrued charges and deferred income
-€111,231
Investment (derived)
-€2.1m
Investment in fixed assets (net)
-€2.1m
Financing
+€5.9m
Contributions, distributions and other
+€5.9m
Cash 2025
€503,559
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,754,404 | €49,209,104 | +€1.5m | +3.0% |
| Fixed assets | 21/28 | €16,648,419 | €16,283,735 | -€364,684 | -2.2% |
| Intangible fixed assets | 21 | €2,097,432 | €2,029,597 | -€67,835 | -3.2% |
| Tangible fixed assets | 22/27 | €14,549,430 | €14,252,582 | -€296,849 | -2.0% |
| Land and buildings | 22 | €3,915,339 | €3,609,337 | -€306,002 | -7.8% |
| Plant, machinery and equipment | 23 | €9,630,729 | €9,973,077 | +€342,348 | +3.6% |
| Furniture and vehicles | 24 | €86,889 | €155,414 | +€68,525 | +78.9% |
| Assets under construction and advance payments | 27 | €916,473 | €514,754 | -€401,720 | -43.8% |
| Financial fixed assets | 28 | €1,557 | €1,557 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,557 | €1,557 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,557 | €1,557 | = | 0.0% |
| Current assets | 29/58 | €31,105,985 | €32,925,369 | +€1.8m | +5.8% |
| Stocks and contracts in progress | 3 | €23,011,152 | €23,476,693 | +€465,540 | +2.0% |
| Stocks | 30/36 | €23,011,152 | €23,476,693 | +€465,540 | +2.0% |
| Raw materials and consumables | 30/31 | €7,705,742 | €9,883,400 | +€2.2m | +28.3% |
| Work in progress | 32 | €1,500,989 | €1,475,822 | -€25,167 | -1.7% |
| Finished goods | 33 | €13,433,435 | €11,550,905 | -€1.9m | -14.0% |
| Goods purchased for resale | 34 | €370,986 | €566,565 | +€195,579 | +52.7% |
| Amounts receivable within one year | 40/41 | €7,624,253 | €8,672,187 | +€1.0m | +13.7% |
| Trade receivables | 40 | €7,492,955 | €8,424,148 | +€931,194 | +12.4% |
| Other amounts receivable | 41 | €131,298 | €248,038 | +€116,740 | +88.9% |
| Cash at bank and in hand | 54/58 | €346,200 | €503,559 | +€157,360 | +45.5% |
| Deferred charges and accrued income | 490/1 | €124,380 | €272,930 | +€148,550 | +119.4% |
| Total equity and liabilities | 10/49 | €47,754,404 | €49,209,104 | +€1.5m | +3.0% |
| Equity | 10/15 | €17,782,786 | €25,706,171 | +€7.9m | +44.6% |
| Contributions | 10/11 | €3,506,000 | €9,506,456 | +€6.0m | +171.1% |
| Capital | 10 | €3,506,000 | €4,831,769 | +€1.3m | +37.8% |
| Issued capital | 100 | €3,506,000 | €4,831,769 | +€1.3m | +37.8% |
| Outside capital | 11 | - | €4,674,687 | +€4.7m | |
| Share premium | 1100/10 | - | €4,674,687 | +€4.7m | |
| Reserves | 13 | €13,418,613 | €15,429,890 | +€2.0m | +15.0% |
| Non-distributable reserves | 130/1 | €350,600 | €483,177 | +€132,577 | +37.8% |
| Legal reserve | 130 | €350,600 | €483,177 | +€132,577 | +37.8% |
| Distributable reserves | 133 | €13,068,013 | €14,946,713 | +€1.9m | +14.4% |
| Profit (loss) carried forward | 14 | €125,165 | €125,165 | = | 0.0% |
| Investment grants | 15 | €733,009 | €644,660 | -€88,349 | -12.1% |
| Provisions and deferred taxes | 16 | €68,602 | €68,602 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €68,602 | €68,602 | = | 0.0% |
| Pensions and similar obligations | 160 | €3,602 | €3,602 | = | 0.0% |
| Major repairs and maintenance | 162 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable | 17/49 | €29,903,016 | €23,434,332 | -€6.5m | -21.6% |
| Amounts payable after more than one year | 17 | €2,774,722 | €2,774,722 | = | 0.0% |
| Financial debts | 170/4 | €2,774,722 | €2,774,722 | = | 0.0% |
| Subordinated loans | 170 | €2,774,722 | €2,774,722 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,862,505 | €20,505,051 | -€6.4m | -23.7% |
| Trade debts | 44 | €14,613,998 | €14,329,184 | -€284,814 | -1.9% |
| Suppliers | 440/4 | €14,613,998 | €14,329,184 | -€284,814 | -1.9% |
| Taxes, remuneration and social security | 45 | €1,567,573 | €1,612,332 | +€44,759 | +2.9% |
| Taxes | 450/3 | €626,178 | €427,176 | -€199,002 | -31.8% |
| Remuneration and social security | 454/9 | €941,395 | €1,185,156 | +€243,761 | +25.9% |
| Other amounts payable | 47/48 | €10,680,934 | €4,563,535 | -€6.1m | -57.3% |
| Accrued charges and deferred income | 492/3 | €265,789 | €154,559 | -€111,231 | -41.8% |
| Operating income | 70/76A | €93,233,947 | €102,266,816 | +€9.0m | +9.7% |
| Turnover | 70 | €87,529,037 | €103,716,725 | +€16.2m | +18.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €5,157,365 | -€2,018,724 | -€7.2m | |
| Other operating income | 74 | €547,545 | €564,315 | +€16,770 | +3.1% |
| Non-recurring operating income | 76A | €0 | €4,500 | +€4,500 | |
| Operating charges | 60/66A | €90,159,445 | €99,217,418 | +€9.1m | +10.0% |
| Goods for resale, raw materials and consumables | 60 | €72,712,303 | €79,929,376 | +€7.2m | +9.9% |
| Purchases | 600/8 | €73,662,194 | €82,302,614 | +€8.6m | +11.7% |
| Change in stocks: decrease (increase) | 609 | -€949,891 | -€2,373,238 | -€1.4m | -149.8% |
| Services and other goods | 61 | €7,495,760 | €8,155,729 | +€659,968 | +8.8% |
| Remuneration, social security and pensions | 62 | €7,356,978 | €8,572,776 | +€1.2m | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,280,611 | €2,421,207 | +€140,596 | +6.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €100,553 | -€111,027 | -€211,580 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€12,500 | €0 | +€12,500 | |
| Other operating charges | 640/8 | €225,740 | €248,322 | +€22,583 | +10.0% |
| Non-recurring operating charges | 66A | - | €1,035 | +€1,035 | |
| Operating profit (loss) | 9901 | €3,074,502 | €3,049,397 | -€25,104 | -0.8% |
| Financial income | 75/76B | €103,442 | €108,692 | +€5,250 | +5.1% |
| Recurring financial income | 75 | €103,442 | €108,692 | +€5,250 | +5.1% |
| Income from current assets | 751 | €3,372 | €307 | -€3,065 | -90.9% |
| Other financial income | 752/9 | €100,070 | €108,386 | +€8,316 | +8.3% |
| Financial charges | 65/66B | €358,006 | €442,377 | +€84,371 | +23.6% |
| Recurring financial charges | 65 | €358,006 | €442,377 | +€84,371 | +23.6% |
| Debt charges | 650 | €325,724 | €399,057 | +€73,333 | +22.5% |
| Other financial charges | 652/9 | €32,282 | €43,320 | +€11,038 | +34.2% |
| Profit (loss) for the period before taxes | 9903 | €2,819,938 | €2,715,712 | -€104,225 | -3.7% |
| Income taxes | 67/77 | €813,352 | €704,435 | -€108,917 | -13.4% |
| Taxes | 670/3 | €813,352 | €706,218 | -€107,135 | -13.2% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | €1,783 | +€1,783 | |
| Profit (loss) for the period | 9904 | €2,006,586 | €2,011,277 | +€4,692 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,006,586 | €2,011,277 | +€4,692 | +0.2% |
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 8 October 2026 via checked.be.