StieNett: 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.
StieNett
Largest movements
- Receivables within one year +€18,329
up €18,329 (+3,791%), from €483 to €18,812
of which Trade receivables: +€18,150
- Reserves +€19,065
up €19,065 (+29.2%), from €65,193 to €84,258
- Trade debts +€1,243
up €1,243 (+55.2%), from €2,252 to €3,495
- Other debts -€1,159
down €1,159 (-45.5%), from €2,546 to €1,387
- Financial income +€387
up €387 (+414%), from €93 to €480
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 | €96,260 | €115,746 | +€19,486 | +20.2% |
| Fixed assets | 21/28 | €598 | €1,021 | +€423 | +70.9% |
| Tangible fixed assets | 22/27 | €598 | €1,021 | +€423 | +70.9% |
| Furniture and vehicles | 24 | €598 | €1,021 | +€423 | +70.9% |
| Current assets | 29/58 | €95,663 | €114,725 | +€19,063 | +19.9% |
| Amounts receivable within one year | 40/41 | €483 | €18,812 | +€18,329 | +3,791% |
| Trade receivables | 40 | - | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | €483 | €662 | +€179 | +36.9% |
| Cash at bank and in hand | 54/58 | €92,951 | €93,562 | +€611 | +0.7% |
| Deferred charges and accrued income | 490/1 | €2,228 | €2,351 | +€123 | +5.5% |
| Total equity and liabilities | 10/49 | €96,260 | €115,746 | +€19,486 | +20.2% |
| Equity | 10/15 | €83,793 | €102,858 | +€19,065 | +22.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,193 | €84,258 | +€19,065 | +29.2% |
| Distributable reserves | 133 | €65,193 | €84,258 | +€19,065 | +29.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €12,467 | €12,888 | +€421 | +3.4% |
| Amounts payable within one year | 42/48 | €12,467 | €12,888 | +€421 | +3.4% |
| Financial debts | 43 | €3 | €6 | +€3 | +100% |
| Credit institutions | 430/8 | €3 | €6 | +€3 | +100% |
| Trade debts | 44 | €2,252 | €3,495 | +€1,243 | +55.2% |
| Suppliers | 440/4 | €2,252 | €3,495 | +€1,243 | +55.2% |
| Taxes, remuneration and social security | 45 | €7,666 | €8,000 | +€335 | +4.4% |
| Taxes | 450/3 | €7,666 | €8,000 | +€335 | +4.4% |
| Other amounts payable | 47/48 | €2,546 | €1,387 | -€1,159 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €655 | €733 | +€78 | +11.9% |
| Other operating charges | 640/8 | €637 | €654 | +€17 | +2.7% |
| Gross operating margin | 9900 | €29,694 | €29,643 | -€50 | -0.2% |
| Operating profit (loss) | 9901 | €28,402 | €28,256 | -€145 | -0.5% |
| Financial income | 75/76B | €93 | €480 | +€387 | +414% |
| Recurring financial income | 75 | €93 | €480 | +€387 | +414% |
| Financial charges | 65/66B | €219 | €237 | +€18 | +8.2% |
| Recurring financial charges | 65 | €219 | €237 | +€18 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €28,276 | €28,500 | +€224 | +0.8% |
| Income taxes | 67/77 | €9,471 | €9,435 | -€37 | -0.4% |
| Profit (loss) for the period | 9904 | €18,805 | €19,065 | +€260 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,805 | €19,065 | +€260 | +1.4% |
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 19 October 2026 via checked.be.