STIG: 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.
STIG
Largest movements
- Cash -€4,856
down €4,856 (-56.1%), from €8,661 to €3,805
mainly Debts after one year (-€25,000) and Receivables within one year (-€4,724)
- Receivables within one year +€4,724
up €4,724 (+833%), from €567 to €5,291
- Reserves +€27,178
up €27,178 (+88.5%), from €30,719 to €57,897
- Debts after one year -€25,000
down €25,000 (-11.1%), from €225,829 to €200,829
- Financial income -€16,472
down €16,472 (-30.2%), from €54,550 to €38,078
- Financial charges -€7,399
down €7,399 (-56.2%), from €13,176 to €5,778
- Gross operating margin +€4,621
up €4,621 (+50.1%), from -€9,223 to -€4,603
- Other operating charges -€912
down €912 (-63.7%), from €1,431 to €520
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 | €359,434 | €359,096 | -€338 | -0.1% |
| Fixed assets | 21/28 | €350,000 | €350,000 | = | 0.0% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €9,434 | €9,096 | -€338 | -3.6% |
| Amounts receivable within one year | 40/41 | €567 | €5,291 | +€4,724 | +833% |
| Other amounts receivable | 41 | €567 | €5,291 | +€4,724 | +833% |
| Cash at bank and in hand | 54/58 | €8,661 | €3,805 | -€4,856 | -56.1% |
| Deferred charges and accrued income | 490/1 | €206 | €0 | -€206 | -100% |
| Total equity and liabilities | 10/49 | €359,434 | €359,096 | -€338 | -0.1% |
| Equity | 10/15 | €104,890 | €132,068 | +€27,178 | +25.9% |
| Contributions | 10/11 | €74,171 | €74,171 | = | 0.0% |
| Reserves | 13 | €30,719 | €57,897 | +€27,178 | +88.5% |
| Distributable reserves | 133 | €30,719 | €57,897 | +€27,178 | +88.5% |
| Amounts payable | 17/49 | €254,544 | €227,027 | -€27,516 | -10.8% |
| Amounts payable after more than one year | 17 | €225,829 | €200,829 | -€25,000 | -11.1% |
| Financial debts | 170/4 | €225,829 | €200,829 | -€25,000 | -11.1% |
| Amounts payable within one year | 42/48 | €28,715 | €26,198 | -€2,516 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €206 | €1,198 | +€993 | +483% |
| Suppliers | 440/4 | €206 | €1,198 | +€993 | +483% |
| Other amounts payable | 47/48 | €3,509 | €0 | -€3,509 | -100% |
| Other operating charges | 640/8 | €1,431 | €520 | -€912 | -63.7% |
| Gross operating margin | 9900 | -€9,223 | -€4,603 | +€4,621 | +50.1% |
| Operating profit (loss) | 9901 | -€10,655 | -€5,122 | +€5,532 | +51.9% |
| Financial income | 75/76B | €54,550 | €38,078 | -€16,472 | -30.2% |
| Recurring financial income | 75 | €54,550 | €38,078 | -€16,472 | -30.2% |
| Financial charges | 65/66B | €13,176 | €5,778 | -€7,399 | -56.2% |
| Recurring financial charges | 65 | €13,176 | €5,778 | -€7,399 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €30,719 | €27,178 | -€3,541 | -11.5% |
| Profit (loss) for the period | 9904 | €30,719 | €27,178 | -€3,541 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,719 | €27,178 | -€3,541 | -11.5% |
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 23 October 2026 via checked.be.