Sticom: 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.
Sticom
Largest movements
- Deferred charges and accrued income +€90,062
up €90,062 (+12955.2%), from €695 to €90,757
- Tangible fixed assets +€31,568
new in 2025: €31,568
- Cash +€18,200
up €18,200 (+63.7%), from €28,575 to €46,774
mainly Net result for the year (+€446,248) and Debts after one year (+€13,018)
- Reserves +€444,582
up €444,582 (+1577.4%), from €28,184 to €472,766
- Short-term financial debts -€210,000
down €210,000 (-70.0%), from €300,000 to €90,000
- Other debts -€106,730
down €106,730 (-94.1%), from €113,417 to €6,686
- Debts after one year +€13,018
up €13,018 (+4.6%), from €279,998 to €293,016
- Financial income +€407,406
up €407,406 (+136626.1%), from €298 to €407,704
- Gross operating margin +€67,078
up €67,078 (+2339.2%), from €2,868 to €69,945
- Taxes +€17,732
up €17,732 (+2096.4%), from €846 to €18,578
- Financial charges +€9,435
up €9,435 (+1026.5%), from €919 to €10,354
- Depreciation +€1,542
new in 2025: €1,542
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 | €940,684 | €1,093,623 | +€152,938 | +16.3% |
| Fixed assets | 21/28 | €900,411 | €931,979 | +€31,568 | +3.5% |
| Tangible fixed assets | 22/27 | - | €31,568 | +€31,568 | |
| Furniture and vehicles | 24 | - | €31,568 | +€31,568 | |
| Financial fixed assets | 28 | €900,411 | €900,411 | = | 0.0% |
| Current assets | 29/58 | €40,274 | €161,644 | +€121,370 | +301.4% |
| Amounts receivable within one year | 40/41 | €11,004 | €13,834 | +€2,830 | +25.7% |
| Trade receivables | 40 | €7,260 | €12,100 | +€4,840 | +66.7% |
| Other amounts receivable | 41 | €3,744 | €1,734 | -€2,010 | -53.7% |
| Current investments | 50/53 | - | €10,278 | +€10,278 | |
| Cash at bank and in hand | 54/58 | €28,575 | €46,774 | +€18,200 | +63.7% |
| Deferred charges and accrued income | 490/1 | €695 | €90,757 | +€90,062 | +12955.2% |
| Total equity and liabilities | 10/49 | €940,684 | €1,093,623 | +€152,938 | +16.3% |
| Equity | 10/15 | €230,030 | €674,612 | +€444,582 | +193.3% |
| Contributions | 10/11 | €201,000 | €201,000 | = | 0.0% |
| Reserves | 13 | €28,184 | €472,766 | +€444,582 | +1577.4% |
| Distributable reserves | 133 | €28,184 | €472,766 | +€444,582 | +1577.4% |
| Profit (loss) carried forward | 14 | €846 | €846 | = | 0.0% |
| Amounts payable | 17/49 | €710,654 | €419,011 | -€291,643 | -41.0% |
| Amounts payable after more than one year | 17 | €279,998 | €293,016 | +€13,018 | +4.6% |
| Financial debts | 170/4 | €279,998 | €293,016 | +€13,018 | +4.6% |
| Amounts payable within one year | 42/48 | €429,851 | €124,997 | -€304,854 | -70.9% |
| Current portion of amounts payable after more than one year | 42 | €12,502 | €19,077 | +€6,575 | +52.6% |
| Financial debts | 43 | €300,000 | €90,000 | -€210,000 | -70.0% |
| Credit institutions | 430/8 | €300,000 | €90,000 | -€210,000 | -70.0% |
| Trade debts | 44 | €26 | €60 | +€34 | +133.7% |
| Suppliers | 440/4 | €26 | €60 | +€34 | +133.7% |
| Taxes, remuneration and social security | 45 | €3,907 | €9,174 | +€5,267 | +134.8% |
| Taxes | 450/3 | €3,205 | €8,204 | +€4,999 | +156.0% |
| Remuneration and social security | 454/9 | €702 | €970 | +€268 | +38.2% |
| Other amounts payable | 47/48 | €113,417 | €6,686 | -€106,730 | -94.1% |
| Accrued charges and deferred income | 492/3 | €805 | €998 | +€193 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,542 | +€1,542 | |
| Other operating charges | 640/8 | €579 | €927 | +€348 | +60.0% |
| Gross operating margin | 9900 | €2,868 | €69,945 | +€67,078 | +2339.2% |
| Operating profit (loss) | 9901 | €2,288 | €67,476 | +€65,188 | +2849.0% |
| Financial income | 75/76B | €298 | €407,704 | +€407,406 | +136626.1% |
| Recurring financial income | 75 | €298 | €407,704 | +€407,406 | +136626.1% |
| Financial charges | 65/66B | €919 | €10,354 | +€9,435 | +1026.5% |
| Recurring financial charges | 65 | €919 | €10,354 | +€9,435 | +1026.5% |
| Profit (loss) for the period before taxes | 9903 | €1,667 | €464,826 | +€463,158 | +27780.8% |
| Income taxes | 67/77 | €846 | €18,578 | +€17,732 | +2096.4% |
| Profit (loss) for the period | 9904 | €821 | €446,248 | +€445,427 | +54231.0% |
| Profit (loss) for the period to be appropriated | 9905 | €821 | €446,248 | +€445,427 | +54231.0% |
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 9 October 2026 via checked.be.