Stiene: 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.
Stiene
Largest movements
- Tangible fixed assets -€1,969
down €1,969 (-28.4%), from €6,936 to €4,967
of which Furniture and vehicles: -€1,418
- Cash +€1,409
up €1,409 (+27.7%), from €5,088 to €6,498
mainly Net result for the year (+€2,104) and Depreciation (+€1,969)
- Receivables within one year -€598
down €598 (-76.1%), from €786 to €188
of which Other amounts receivable: -€401
- Tax, wage and social debts -€2,930
down €2,930 (-65.4%), from €4,482 to €1,552
- Reserves +€2,104
up €2,104 (+52.6%), from €4,000 to €6,104
- Trade debts -€357
down €357 (-58.0%), from €616 to €258
- Gross operating margin +€2,022
up €2,022 (+65.8%), from €3,071 to €5,092
- Depreciation +€535
up €535 (+37.3%), from €1,433 to €1,969
- Taxes +€132
up €132 (+18.6%), from €710 to €842
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 | €12,918 | €11,734 | -€1,184 | -9.2% |
| Fixed assets | 21/28 | €6,936 | €4,967 | -€1,969 | -28.4% |
| Tangible fixed assets | 22/27 | €6,936 | €4,967 | -€1,969 | -28.4% |
| Plant, machinery and equipment | 23 | €551 | €0 | -€551 | -100.0% |
| Furniture and vehicles | 24 | €6,385 | €4,967 | -€1,418 | -22.2% |
| Current assets | 29/58 | €5,982 | €6,767 | +€785 | +13.1% |
| Amounts receivable within one year | 40/41 | €786 | €188 | -€598 | -76.1% |
| Trade receivables | 40 | €197 | €0 | -€197 | -100.0% |
| Other amounts receivable | 41 | €589 | €188 | -€401 | -68.1% |
| Cash at bank and in hand | 54/58 | €5,088 | €6,498 | +€1,409 | +27.7% |
| Deferred charges and accrued income | 490/1 | €108 | €82 | -€26 | -24.2% |
| Total equity and liabilities | 10/49 | €12,918 | €11,734 | -€1,184 | -9.2% |
| Equity | 10/15 | €6,906 | €9,010 | +€2,104 | +30.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,000 | €6,104 | +€2,104 | +52.6% |
| Distributable reserves | 133 | €4,000 | €6,104 | +€2,104 | +52.6% |
| Profit (loss) carried forward | 14 | €906 | €906 | = | 0.0% |
| Amounts payable | 17/49 | €6,012 | €2,724 | -€3,287 | -54.7% |
| Amounts payable within one year | 42/48 | €6,012 | €2,724 | -€3,287 | -54.7% |
| Trade debts | 44 | €616 | €258 | -€357 | -58.0% |
| Suppliers | 440/4 | €616 | €258 | -€357 | -58.0% |
| Taxes, remuneration and social security | 45 | €4,482 | €1,552 | -€2,930 | -65.4% |
| Taxes | 450/3 | €4,482 | €1,552 | -€2,930 | -65.4% |
| Other amounts payable | 47/48 | €914 | €914 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,433 | €1,969 | +€535 | +37.3% |
| Gross operating margin | 9900 | €3,071 | €5,092 | +€2,022 | +65.8% |
| Operating profit (loss) | 9901 | €1,637 | €3,124 | +€1,486 | +90.8% |
| Financial income | 75/76B | €23 | €0 | -€23 | -100.0% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -100.0% |
| Financial charges | 65/66B | €217 | €178 | -€39 | -18.0% |
| Recurring financial charges | 65 | €217 | €178 | -€39 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €1,444 | €2,946 | +€1,502 | +104.0% |
| Income taxes | 67/77 | €710 | €842 | +€132 | +18.6% |
| Profit (loss) for the period | 9904 | €734 | €2,104 | +€1,370 | +186.7% |
| Profit (loss) for the period to be appropriated | 9905 | €734 | €2,104 | +€1,370 | +186.7% |
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 3 October 2026 via checked.be.