Stenic: what changed
Stenic
Largest movements
- Cash +€61,328
up €61,328 (+219%), from €27,968 to €89,296
mainly Net result for the year (+€75,969) and Depreciation (+€13,729)
- Receivables within one year +€16,788
up €16,788 (+512%), from €3,276 to €20,064
of which Trade receivables: +€17,485
- Tangible fixed assets -€13,255
down €13,255 (-30.2%), from €43,841 to €30,586
of which Furniture and vehicles: -€11,059
- Current investments +€12,000
up €12,000 (+1,200%), from €1,000 to €13,000
- Reserves +€75,969
up €75,969 (+107%), from €70,833 to €146,803
- Tax, wage and social debts +€2,032
up €2,032 (+75.6%), from €2,688 to €4,720
- Gross operating margin +€8,074
up €8,074 (+8.0%), from €100,974 to €109,048
- Depreciation +€1,904
up €1,904 (+16.1%), from €11,825 to €13,729
- Taxes +€1,461
up €1,461 (+8.0%), from €18,186 to €19,647
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,085 | €152,946 | +€76,861 | +101% |
| Fixed assets | 21/28 | €43,841 | €30,586 | -€13,255 | -30.2% |
| Tangible fixed assets | 22/27 | €43,841 | €30,586 | -€13,255 | -30.2% |
| Plant, machinery and equipment | 23 | €6,417 | €4,221 | -€2,196 | -34.2% |
| Furniture and vehicles | 24 | €37,423 | €26,364 | -€11,059 | -29.6% |
| Current assets | 29/58 | €32,244 | €122,360 | +€90,116 | +279% |
| Amounts receivable within one year | 40/41 | €3,276 | €20,064 | +€16,788 | +512% |
| Trade receivables | 40 | €0 | €17,485 | +€17,485 | |
| Other amounts receivable | 41 | €3,276 | €2,580 | -€697 | -21.3% |
| Current investments | 50/53 | €1,000 | €13,000 | +€12,000 | +1,200% |
| Cash at bank and in hand | 54/58 | €27,968 | €89,296 | +€61,328 | +219% |
| Total equity and liabilities | 10/49 | €76,085 | €152,946 | +€76,861 | +101% |
| Equity | 10/15 | €71,833 | €147,803 | +€75,969 | +106% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €70,833 | €146,803 | +€75,969 | +107% |
| Distributable reserves | 133 | €70,833 | €146,803 | +€75,969 | +107% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,252 | €5,143 | +€892 | +21.0% |
| Amounts payable within one year | 42/48 | €4,252 | €5,143 | +€892 | +21.0% |
| Financial debts | 43 | €314 | €72 | -€241 | -76.9% |
| Credit institutions | 430/8 | €314 | €72 | -€241 | -76.9% |
| Trade debts | 44 | €1,250 | €351 | -€899 | -71.9% |
| Suppliers | 440/4 | €1,250 | €351 | -€899 | -71.9% |
| Taxes, remuneration and social security | 45 | €2,688 | €4,720 | +€2,032 | +75.6% |
| Taxes | 450/3 | €2,688 | €4,720 | +€2,032 | +75.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,825 | €13,729 | +€1,904 | +16.1% |
| Other operating charges | 640/8 | €81 | €29 | -€52 | -63.9% |
| Gross operating margin | 9900 | €100,974 | €109,048 | +€8,074 | +8.0% |
| Operating profit (loss) | 9901 | €89,068 | €95,290 | +€6,222 | +7.0% |
| Financial income | 75/76B | €75 | €464 | +€388 | +516% |
| Recurring financial income | 75 | €75 | €464 | +€388 | +516% |
| Financial charges | 65/66B | €124 | €137 | +€13 | +10.5% |
| Recurring financial charges | 65 | €124 | €137 | +€13 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €89,019 | €95,616 | +€6,597 | +7.4% |
| Income taxes | 67/77 | €18,186 | €19,647 | +€1,461 | +8.0% |
| Profit (loss) for the period | 9904 | €70,833 | €75,969 | +€5,136 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €70,833 | €75,969 | +€5,136 | +7.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.