STICO: what changed
Two financial 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.
STICO
Largest movements
- Cash +€10,090
up €10,090 (+23.7%), from €42,515 to €52,605
mainly Net result for the year (+€23,442) and Depreciation (+€1,761)
- Receivables within one year +€6,091
up €6,091 (+60.9%), from €10,000 to €16,091
of which Trade receivables: +€5,233
- Tangible fixed assets -€1,761
down €1,761 (-22.9%), from €7,697 to €5,936
of which Furniture and vehicles: -€1,388
- Reserves +€23,442
up €23,442 (+56.7%), from €41,364 to €64,807
- Tax, wage and social debts -€8,358
down €8,358 (-84.5%), from €9,897 to €1,539
- Gross operating margin -€3,045
down €3,045 (-8.1%), from €37,484 to €34,439
- Taxes -€992
down €992 (-12.2%), from €8,134 to €7,142
- Depreciation +€587
up €587 (+50.0%), from €1,174 to €1,761
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.
Derived cash bridge
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 | €60,564 | €75,166 | +€14,602 | +24.1% |
| Fixed assets | 21/28 | €7,697 | €5,936 | -€1,761 | -22.9% |
| Tangible fixed assets | 22/27 | €7,697 | €5,936 | -€1,761 | -22.9% |
| Plant, machinery and equipment | 23 | €3,567 | €3,194 | -€373 | -10.5% |
| Furniture and vehicles | 24 | €4,130 | €2,742 | -€1,388 | -33.6% |
| Current assets | 29/58 | €52,867 | €69,230 | +€16,363 | +31.0% |
| Amounts receivable within one year | 40/41 | €10,000 | €16,091 | +€6,091 | +60.9% |
| Trade receivables | 40 | €10,000 | €15,233 | +€5,233 | +52.3% |
| Other amounts receivable | 41 | - | €858 | +€858 | |
| Cash at bank and in hand | 54/58 | €42,515 | €52,605 | +€10,090 | +23.7% |
| Deferred charges and accrued income | 490/1 | €352 | €533 | +€181 | +51.5% |
| Total equity and liabilities | 10/49 | €60,564 | €75,166 | +€14,602 | +24.1% |
| Equity | 10/15 | €46,364 | €69,807 | +€23,442 | +50.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €41,364 | €64,807 | +€23,442 | +56.7% |
| Distributable reserves | 133 | €41,364 | €64,807 | +€23,442 | +56.7% |
| Amounts payable | 17/49 | €14,200 | €5,359 | -€8,841 | -62.3% |
| Amounts payable within one year | 42/48 | €14,200 | €5,359 | -€8,841 | -62.3% |
| Trade debts | 44 | €3,773 | €3,309 | -€464 | -12.3% |
| Suppliers | 440/4 | €3,773 | €3,309 | -€464 | -12.3% |
| Taxes, remuneration and social security | 45 | €9,897 | €1,539 | -€8,358 | -84.5% |
| Taxes | 450/3 | €9,897 | €1,539 | -€8,358 | -84.5% |
| Other amounts payable | 47/48 | €530 | €511 | -€19 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,174 | €1,761 | +€587 | +50.0% |
| Other operating charges | 640/8 | €513 | €655 | +€141 | +27.5% |
| Gross operating margin | 9900 | €37,484 | €34,439 | -€3,045 | -8.1% |
| Operating profit (loss) | 9901 | €35,796 | €32,023 | -€3,773 | -10.5% |
| Financial charges | 65/66B | €1,329 | €1,439 | +€109 | +8.2% |
| Recurring financial charges | 65 | €1,329 | €1,439 | +€109 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €34,467 | €30,584 | -€3,883 | -11.3% |
| Income taxes | 67/77 | €8,134 | €7,142 | -€992 | -12.2% |
| Profit (loss) for the period | 9904 | €26,333 | €23,442 | -€2,891 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,333 | €23,442 | -€2,891 | -11.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.