STENIC IMMO: 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.
STENIC IMMO
Largest movements
- Tangible fixed assets -€15,145
down €15,145 (-5.4%), from €281,929 to €266,783
of which Land and buildings: -€12,224
- Debts after one year -€24,593
down €24,593 (-22.0%), from €111,929 to €87,335
of which Financial debts: -€13,743
- Other debts +€20,000
new in 2025: €20,000
- Trade debts -€3,986
down €3,986 (-88.0%), from €4,529 to €542
- Profit (loss) carried forward -€3,617
down €3,617 (-4.2%), from €87,065 to €83,448
- Gross operating margin -€11,671
down €11,671 (-26.6%), from €43,802 to €32,131
- Taxes -€8,064
down €8,064, from €5,297 to -€2,767
- Other operating charges +€1,929
up €1,929 (+30.8%), from €6,270 to €8,200
- Depreciation +€801
up €801 (+3.1%), from €25,596 to €26,397
- Financial charges +€720
up €720 (+22.5%), from €3,198 to €3,918
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,433 | €281,284 | -€14,150 | -4.8% |
| Formation expenses | 20 | €13,416 | €13,416 | = | 0.0% |
| Fixed assets | 21/28 | €281,929 | €266,783 | -€15,145 | -5.4% |
| Tangible fixed assets | 22/27 | €281,929 | €266,783 | -€15,145 | -5.4% |
| Land and buildings | 22 | €150,547 | €138,323 | -€12,224 | -8.1% |
| Plant, machinery and equipment | 23 | €113,426 | €109,980 | -€3,446 | -3.0% |
| Furniture and vehicles | 24 | €2,214 | €2,739 | +€525 | +23.7% |
| Other tangible fixed assets | 26 | €15,741 | €15,741 | = | 0.0% |
| Current assets | 29/58 | €89 | €1,085 | +€996 | +1116.6% |
| Amounts receivable within one year | 40/41 | - | €166 | +€166 | |
| Trade receivables | 40 | - | €123 | +€123 | |
| Other amounts receivable | 41 | - | €43 | +€43 | |
| Cash at bank and in hand | 54/58 | - | €919 | +€919 | |
| Deferred charges and accrued income | 490/1 | €89 | - | -€89 | |
| Total equity and liabilities | 10/49 | €295,433 | €281,284 | -€14,150 | -4.8% |
| Equity | 10/15 | €158,565 | €154,948 | -€3,617 | -2.3% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,065 | €83,448 | -€3,617 | -4.2% |
| Amounts payable | 17/49 | €136,869 | €126,336 | -€10,533 | -7.7% |
| Amounts payable after more than one year | 17 | €111,929 | €87,335 | -€24,593 | -22.0% |
| Financial debts | 170/4 | €18,377 | €4,634 | -€13,743 | -74.8% |
| Other amounts payable | 178/9 | €93,551 | €82,701 | -€10,850 | -11.6% |
| Amounts payable within one year | 42/48 | €24,940 | €39,001 | +€14,060 | +56.4% |
| Current portion of amounts payable after more than one year | 42 | €13,505 | €13,743 | +€238 | +1.8% |
| Financial debts | 43 | €2,920 | - | -€2,920 | |
| Credit institutions | 430/8 | €2,920 | - | -€2,920 | |
| Trade debts | 44 | €4,529 | €542 | -€3,986 | -88.0% |
| Suppliers | 440/4 | €4,529 | €542 | -€3,986 | -88.0% |
| Taxes, remuneration and social security | 45 | €3,987 | €4,716 | +€728 | +18.3% |
| Taxes | 450/3 | €3,987 | €4,716 | +€728 | +18.3% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,596 | €26,397 | +€801 | +3.1% |
| Other operating charges | 640/8 | €6,270 | €8,200 | +€1,929 | +30.8% |
| Gross operating margin | 9900 | €43,802 | €32,131 | -€11,671 | -26.6% |
| Operating profit (loss) | 9901 | €11,936 | -€2,466 | -€14,402 | |
| Financial charges | 65/66B | €3,198 | €3,918 | +€720 | +22.5% |
| Recurring financial charges | 65 | €3,198 | €3,918 | +€720 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €8,738 | -€6,384 | -€15,122 | |
| Income taxes | 67/77 | €5,297 | -€2,767 | -€8,064 | |
| Profit (loss) for the period | 9904 | €3,441 | -€3,617 | -€7,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,441 | -€3,617 | -€7,058 |
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 28 September 2026 via checked.be.