STIENS SRL: 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.
STIENS SRL
Largest movements
- Receivables within one year +€181,835
up €181,835 (+104%), from €174,824 to €356,659
of which Other amounts receivable: +€239,969
- Tangible fixed assets -€42,481
down €42,481 (-13.9%), from €306,676 to €264,196
of which Land and buildings: -€61,839
- Cash -€33,749
down €33,749 (-17.4%), from €194,142 to €160,393
mainly Receivables within one year (-€181,835) and Net result for the year (-€70,342)
- Stocks and contracts +€23,473
up €23,473 (+4.6%), from €507,667 to €531,140
- Intangible fixed assets +€16,667
up €16,667 (+1,179%), from €1,414 to €18,081
- Trade debts +€130,523
up €130,523 (+192%), from €67,805 to €198,328
- Short-term financial debts +€32,124
new in 2024: €32,124
- Debts after one year +€25,806
up €25,806 (+74.3%), from €34,751 to €60,558
- Tax, wage and social debts -€24,502
down €24,502 (-34.0%), from €72,045 to €47,543
of which Remuneration and social security: -€17,593
- Profit (loss) carried forward -€23,395
down €23,395 (-97.9%), from €23,903 to €507
- Gross operating margin -€94,648
down €94,648 (-15.1%), from €627,728 to €533,080
- Staff costs +€35,498
up €35,498 (+7.6%), from €466,800 to €502,298
- Taxes -€17,707
down €17,707 (-51.1%), from €34,676 to €16,969
- Financial income -€9,453
down €9,453 (-51.1%), from €18,503 to €9,051
- Financial charges +€8,152
up €8,152 (+243%), from €3,354 to €11,506
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 | €1,214,344 | €1,360,916 | +€146,571 | +12.1% |
| Fixed assets | 21/28 | €330,509 | €304,695 | -€25,814 | -7.8% |
| Intangible fixed assets | 21 | €1,414 | €18,081 | +€16,667 | +1,179% |
| Tangible fixed assets | 22/27 | €306,676 | €264,196 | -€42,481 | -13.9% |
| Land and buildings | 22 | €257,418 | €195,579 | -€61,839 | -24.0% |
| Plant, machinery and equipment | 23 | €48,442 | €40,606 | -€7,836 | -16.2% |
| Furniture and vehicles | 24 | €817 | €28,010 | +€27,194 | +3,330% |
| Financial fixed assets | 28 | €22,418 | €22,418 | = | 0.0% |
| Current assets | 29/58 | €883,836 | €1,056,221 | +€172,385 | +19.5% |
| Stocks and contracts in progress | 3 | €507,667 | €531,140 | +€23,473 | +4.6% |
| Stocks | 30/36 | €507,667 | €531,140 | +€23,473 | +4.6% |
| Amounts receivable within one year | 40/41 | €174,824 | €356,659 | +€181,835 | +104% |
| Trade receivables | 40 | €159,628 | €101,494 | -€58,134 | -36.4% |
| Other amounts receivable | 41 | €15,196 | €255,165 | +€239,969 | +1,579% |
| Cash at bank and in hand | 54/58 | €194,142 | €160,393 | -€33,749 | -17.4% |
| Deferred charges and accrued income | 490/1 | €7,203 | €8,029 | +€826 | +11.5% |
| Total equity and liabilities | 10/49 | €1,214,344 | €1,360,916 | +€146,571 | +12.1% |
| Equity | 10/15 | €1,009,824 | €985,194 | -€24,630 | -2.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €967,329 | €966,095 | -€1,235 | -0.1% |
| Tax-exempt reserves | 132 | €90,469 | €45,235 | -€45,235 | -50.0% |
| Distributable reserves | 133 | €876,860 | €920,860 | +€44,000 | +5.0% |
| Profit (loss) carried forward | 14 | €23,903 | €507 | -€23,395 | -97.9% |
| Provisions and deferred taxes | 16 | €22,617 | €11,309 | -€11,309 | -50.0% |
| Deferred taxes | 168 | €22,617 | €11,309 | -€11,309 | -50.0% |
| Amounts payable | 17/49 | €181,903 | €364,413 | +€182,510 | +100% |
| Amounts payable after more than one year | 17 | €34,751 | €60,558 | +€25,806 | +74.3% |
| Financial debts | 170/4 | €34,751 | €60,558 | +€25,806 | +74.3% |
| Amounts payable within one year | 42/48 | €147,152 | €303,855 | +€156,703 | +106% |
| Current portion of amounts payable after more than one year | 42 | €6,712 | €13,308 | +€6,595 | +98.3% |
| Financial debts | 43 | - | €32,124 | +€32,124 | |
| Credit institutions | 430/8 | - | €32,124 | +€32,124 | |
| Trade debts | 44 | €67,805 | €198,328 | +€130,523 | +192% |
| Suppliers | 440/4 | €67,805 | €198,328 | +€130,523 | +192% |
| Taxes, remuneration and social security | 45 | €72,045 | €47,543 | -€24,502 | -34.0% |
| Taxes | 450/3 | €16,585 | €9,677 | -€6,908 | -41.7% |
| Remuneration and social security | 454/9 | €55,460 | €37,866 | -€17,593 | -31.7% |
| Other amounts payable | 47/48 | €590 | €12,553 | +€11,963 | +2,028% |
| Non-recurring operating income | 76A | - | €5,928 | +€5,928 | |
| Remuneration, social security and pensions | 62 | €466,800 | €502,298 | +€35,498 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,703 | €74,727 | +€1,024 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,376 | -€3,537 | -€2,161 | -157% |
| Other operating charges | 640/8 | €9,854 | €15,693 | +€5,839 | +59.3% |
| Non-recurring operating charges | 66A | - | €6,124 | +€6,124 | |
| Gross operating margin | 9900 | €627,728 | €533,080 | -€94,648 | -15.1% |
| Operating profit (loss) | 9901 | €78,747 | -€62,226 | -€140,973 | |
| Financial income | 75/76B | €18,503 | €9,051 | -€9,453 | -51.1% |
| Recurring financial income | 75 | €18,503 | €9,051 | -€9,453 | -51.1% |
| Financial charges | 65/66B | €3,354 | €11,506 | +€8,152 | +243% |
| Recurring financial charges | 65 | €3,354 | €11,506 | +€8,152 | +243% |
| Profit (loss) for the period before taxes | 9903 | €93,896 | -€64,681 | -€158,578 | |
| Transfer from deferred taxes | 780 | €11,309 | €11,309 | = | 0.0% |
| Income taxes | 67/77 | €34,676 | €16,969 | -€17,707 | -51.1% |
| Profit (loss) for the period | 9904 | €70,529 | -€70,342 | -€140,871 | |
| Transfer from tax-exempt reserves | 789 | €45,235 | €45,235 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €115,764 | -€25,107 | -€140,871 |
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 26 October 2026 via checked.be.