STICCARCHI: what changed
STICCARCHI
Largest movements
- Receivables within one year +€42,869
up €42,869 (+323%), from €13,259 to €56,128
of which Trade receivables: +€42,466
- Tangible fixed assets -€5,228
down €5,228 (-26.5%), from €19,725 to €14,497
of which Furniture and vehicles: -€9,804
- Cash +€1,330
up €1,330 (+14.4%), from €9,247 to €10,577
mainly Net result for the year (+€46,530) and Depreciation (+€9,101)
- Profit (loss) carried forward +€46,530
up €46,530 (+396%), from €11,746 to €58,276
- Short-term financial debts -€4,435
no longer reported in 2025 (was €4,435)
- Current portion of long-term debt -€3,564
no longer reported in 2025 (was €3,564)
- Tax, wage and social debts +€2,970
up €2,970 (+20.4%), from €14,547 to €17,516
of which Taxes: +€4,495
- Trade debts -€2,530
down €2,530 (-40.3%), from €6,277 to €3,748
- Gross operating margin +€19,415
up €19,415 (+48.7%), from €39,839 to €59,254
- Taxes -€5,264
down €5,264 (-84.5%), from €6,227 to €962
- Depreciation -€5,008
down €5,008 (-35.5%), from €14,109 to €9,101
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 | €60,069 | €99,040 | +€38,971 | +64.9% |
| Fixed assets | 21/28 | €37,563 | €32,335 | -€5,228 | -13.9% |
| Intangible fixed assets | 21 | €17,838 | €17,838 | = | 0.0% |
| Tangible fixed assets | 22/27 | €19,725 | €14,497 | -€5,228 | -26.5% |
| Land and buildings | 22 | €5,321 | €9,898 | +€4,576 | +86.0% |
| Furniture and vehicles | 24 | €14,404 | €4,600 | -€9,804 | -68.1% |
| Current assets | 29/58 | €22,506 | €66,704 | +€44,199 | +196% |
| Amounts receivable within one year | 40/41 | €13,259 | €56,128 | +€42,869 | +323% |
| Trade receivables | 40 | €13,259 | €55,725 | +€42,466 | +320% |
| Other amounts receivable | 41 | - | €403 | +€403 | |
| Cash at bank and in hand | 54/58 | €9,247 | €10,577 | +€1,330 | +14.4% |
| Total equity and liabilities | 10/49 | €60,069 | €99,040 | +€38,971 | +64.9% |
| Equity | 10/15 | €31,246 | €77,776 | +€46,530 | +149% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €900 | €900 | = | 0.0% |
| Distributable reserves | 133 | €900 | €900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,746 | €58,276 | +€46,530 | +396% |
| Amounts payable | 17/49 | €28,823 | €21,264 | -€7,559 | -26.2% |
| Amounts payable within one year | 42/48 | €28,823 | €21,264 | -€7,559 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €3,564 | - | -€3,564 | |
| Financial debts | 43 | €4,435 | - | -€4,435 | |
| Other loans | 439 | €4,435 | - | -€4,435 | |
| Trade debts | 44 | €6,277 | €3,748 | -€2,530 | -40.3% |
| Suppliers | 440/4 | €6,277 | €3,748 | -€2,530 | -40.3% |
| Taxes, remuneration and social security | 45 | €14,547 | €17,516 | +€2,970 | +20.4% |
| Taxes | 450/3 | €13,022 | €17,516 | +€4,495 | +34.5% |
| Remuneration and social security | 454/9 | €1,525 | - | -€1,525 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,109 | €9,101 | -€5,008 | -35.5% |
| Other operating charges | 640/8 | €1,051 | €1,327 | +€276 | +26.3% |
| Gross operating margin | 9900 | €39,839 | €59,254 | +€19,415 | +48.7% |
| Operating profit (loss) | 9901 | €24,679 | €48,827 | +€24,148 | +97.8% |
| Financial income | 75/76B | €9 | €37 | +€27 | +289% |
| Recurring financial income | 75 | €9 | €37 | +€27 | +289% |
| Financial charges | 65/66B | €787 | €1,371 | +€584 | +74.2% |
| Recurring financial charges | 65 | €787 | €1,371 | +€584 | +74.2% |
| Profit (loss) for the period before taxes | 9903 | €23,901 | €47,493 | +€23,591 | +98.7% |
| Income taxes | 67/77 | €6,227 | €962 | -€5,264 | -84.5% |
| Profit (loss) for the period | 9904 | €17,674 | €46,530 | +€28,856 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €17,674 | €46,530 | +€28,856 | +163% |
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 3 November 2026 via checked.be.