STICON: 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.
STICON
Largest movements
- Receivables within one year +€63,929
up €63,929 (+16.0%), from €400,637 to €464,566
of which Trade receivables: +€51,763
- Other debts +€46,319
up €46,319 (+15.4%), from €300,396 to €346,715
- Profit (loss) carried forward +€9,847
up €9,847 (+10.0%), from -€98,643 to -€88,796
- Tax, wage and social debts +€6,128
up €6,128 (+69.0%), from €8,875 to €15,002
- Financial income -€3,349
down €3,349 (-22.9%), from €14,653 to €11,305
- Financial charges +€771
up €771 (+6.4%), from €11,999 to €12,771
- Gross operating margin -€483
down €483 (-3.8%), from €12,680 to €12,198
- Other operating charges -€367
down €367 (-31.7%), from €1,158 to €791
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €446,852 | €507,688 | +€60,836 | +13.6% |
| Fixed assets | 21/28 | €43,050 | €43,050 | = | 0.0% |
| Financial fixed assets | 28 | €43,050 | €43,050 | = | 0.0% |
| Current assets | 29/58 | €403,802 | €464,638 | +€60,836 | +15.1% |
| Amounts receivable within one year | 40/41 | €400,637 | €464,566 | +€63,929 | +16.0% |
| Trade receivables | 40 | €80,667 | €132,430 | +€51,763 | +64.2% |
| Other amounts receivable | 41 | €319,970 | €332,136 | +€12,166 | +3.8% |
| Cash at bank and in hand | 54/58 | €484 | €60 | -€424 | -87.6% |
| Deferred charges and accrued income | 490/1 | €2,682 | €12 | -€2,670 | -99.6% |
| Total equity and liabilities | 10/49 | €446,852 | €507,688 | +€60,836 | +13.6% |
| Equity | 10/15 | -€47,445 | -€37,599 | +€9,847 | +20.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €31,197 | €31,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €31,197 | €31,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,643 | -€88,796 | +€9,847 | +10.0% |
| Amounts payable | 17/49 | €494,297 | €545,286 | +€50,989 | +10.3% |
| Amounts payable after more than one year | 17 | €177,000 | €177,000 | = | 0.0% |
| Other amounts payable | 178/9 | €177,000 | €177,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €315,566 | €366,555 | +€50,989 | +16.2% |
| Trade debts | 44 | €6,296 | €4,838 | -€1,457 | -23.2% |
| Suppliers | 440/4 | €6,296 | €4,838 | -€1,457 | -23.2% |
| Taxes, remuneration and social security | 45 | €8,875 | €15,002 | +€6,128 | +69.0% |
| Taxes | 450/3 | €8,875 | €15,002 | +€6,128 | +69.0% |
| Other amounts payable | 47/48 | €300,396 | €346,715 | +€46,319 | +15.4% |
| Accrued charges and deferred income | 492/3 | €1,731 | €1,731 | = | 0.0% |
| Non-recurring operating income | 76A | - | €6,823 | +€6,823 | |
| Other operating charges | 640/8 | €1,158 | €791 | -€367 | -31.7% |
| Gross operating margin | 9900 | €12,680 | €12,198 | -€483 | -3.8% |
| Operating profit (loss) | 9901 | €11,522 | €11,407 | -€115 | -1.0% |
| Financial income | 75/76B | €14,653 | €11,305 | -€3,349 | -22.9% |
| Recurring financial income | 75 | €14,653 | €11,305 | -€3,349 | -22.9% |
| Financial charges | 65/66B | €11,999 | €12,771 | +€771 | +6.4% |
| Recurring financial charges | 65 | €11,999 | €12,771 | +€771 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €14,176 | €9,941 | -€4,235 | -29.9% |
| Income taxes | 67/77 | €214 | €94 | -€120 | -56.1% |
| Profit (loss) for the period | 9904 | €13,962 | €9,847 | -€4,115 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,962 | €9,847 | -€4,115 | -29.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.