STHIB: 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.
STHIB
Largest movements
- Cash -€138,972
down €138,972 (-91.0%), from €152,706 to €13,734
mainly Contributions, distributions and other (-€205,294) and Receivables within one year (-€7,142)
- Receivables within one year +€7,142
up €7,142 (+24.5%), from €29,094 to €36,236
of which Other amounts receivable: +€11,660
- Current investments +€7,000
new in 2025: €7,000
- Profit (loss) carried forward -€124,077
down €124,077 (-55.8%), from €222,265 to €98,189
- Gross operating margin -€8,993
down €8,993 (-8.1%), from €111,520 to €102,527
- Taxes -€1,972
down €1,972 (-8.5%), from €23,193 to €21,221
- Financial income +€1,519
up €1,519 (+98.1%), from €1,549 to €3,067
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 | €244,834 | €121,442 | -€123,392 | -50.4% |
| Fixed assets | 21/28 | €12,625 | €12,703 | +€79 | +0.6% |
| Tangible fixed assets | 22/27 | €2,625 | €2,703 | +€79 | +3.0% |
| Plant, machinery and equipment | 23 | €1,141 | €872 | -€269 | -23.6% |
| Furniture and vehicles | 24 | €1,484 | €1,832 | +€348 | +23.4% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €232,210 | €108,739 | -€123,471 | -53.2% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,094 | €36,236 | +€7,142 | +24.5% |
| Trade receivables | 40 | €23,002 | €18,484 | -€4,518 | -19.6% |
| Other amounts receivable | 41 | €6,093 | €17,752 | +€11,660 | +191.4% |
| Current investments | 50/53 | - | €7,000 | +€7,000 | |
| Cash at bank and in hand | 54/58 | €152,706 | €13,734 | -€138,972 | -91.0% |
| Deferred charges and accrued income | 490/1 | €409 | €1,768 | +€1,359 | +332.1% |
| Total equity and liabilities | 10/49 | €244,834 | €121,442 | -€123,392 | -50.4% |
| Equity | 10/15 | €224,765 | €100,689 | -€124,077 | -55.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €222,265 | €98,189 | -€124,077 | -55.8% |
| Amounts payable | 17/49 | €20,069 | €20,753 | +€684 | +3.4% |
| Amounts payable within one year | 42/48 | €20,069 | €20,753 | +€684 | +3.4% |
| Trade debts | 44 | €1,516 | €2,613 | +€1,097 | +72.3% |
| Suppliers | 440/4 | €1,516 | €2,613 | +€1,097 | +72.3% |
| Taxes, remuneration and social security | 45 | €18,553 | €18,140 | -€412 | -2.2% |
| Taxes | 450/3 | €18,553 | €18,140 | -€412 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €341 | €699 | +€358 | +105.0% |
| Other operating charges | 640/8 | €740 | €563 | -€177 | -23.9% |
| Non-recurring operating charges | 66A | €3,981 | €0 | -€3,981 | -100.0% |
| Gross operating margin | 9900 | €111,520 | €102,527 | -€8,993 | -8.1% |
| Operating profit (loss) | 9901 | €106,458 | €101,265 | -€5,193 | -4.9% |
| Financial income | 75/76B | €1,549 | €3,067 | +€1,519 | +98.1% |
| Recurring financial income | 75 | €1,549 | €3,067 | +€1,519 | +98.1% |
| Financial charges | 65/66B | €1,020 | €1,894 | +€873 | +85.6% |
| Recurring financial charges | 65 | €1,020 | €1,894 | +€873 | +85.6% |
| Profit (loss) for the period before taxes | 9903 | €106,986 | €102,439 | -€4,548 | -4.3% |
| Income taxes | 67/77 | €23,193 | €21,221 | -€1,972 | -8.5% |
| Profit (loss) for the period | 9904 | €83,793 | €81,218 | -€2,575 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €83,793 | €81,218 | -€2,575 | -3.1% |
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 6 October 2026 via checked.be.