STIGT: 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.
STIGT
Largest movements
- Stocks and contracts -€5.2m
no longer reported in 2025 (was €5.2m)
of which Contracts in progress: -€4.8m
- Cash -€2.0m
down €2.0m (-77.2%), from €2.6m to €586,185
mainly Advances received (-€5.1m) and Other debts (-€1.3m)
- Receivables within one year -€339,166
down €339,166 (-96.9%), from €349,922 to €10,755
of which Trade receivables: -€341,095
- Advances received -€5.1m
no longer reported in 2025 (was €5.1m)
- Other debts -€1.3m
down €1.3m (-75.9%), from €1.7m to €400,125
- Profit (loss) carried forward -€689,897
down €689,897, from €569,894 to -€120,003
- Trade debts -€280,911
down €280,911 (-51.7%), from €543,455 to €262,543
- Accrued charges and deferred income -€119,963
no longer reported in 2025 (was €119,963)
- Gross operating margin -€636,444
down €636,444 (-2,990%), from -€21,284 to -€657,728
- Financial income -€418,049
down €418,049 (-96.9%), from €431,644 to €13,596
- Financial charges -€31,614
down €31,614 (-85.3%), from €37,057 to €5,443
- Staff costs -€19,599
down €19,599 (-44.5%), from €44,022 to €24,424
- Other operating charges +€14,937
up €14,937 (+1,556%), from €960 to €15,898
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 | €8,198,007 | €678,275 | -€7.5m | -91.7% |
| Fixed assets | 21/28 | €80,750 | €80,750 | = | 0.0% |
| Financial fixed assets | 28 | €80,750 | €80,750 | = | 0.0% |
| Current assets | 29/58 | €8,117,257 | €597,525 | -€7.5m | -92.6% |
| Stocks and contracts in progress | 3 | €5,196,801 | - | -€5.2m | |
| Stocks | 30/36 | €347,932 | - | -€347,932 | |
| Contracts in progress | 37 | €4,848,869 | - | -€4.8m | |
| Amounts receivable within one year | 40/41 | €349,922 | €10,755 | -€339,166 | -96.9% |
| Trade receivables | 40 | €347,772 | €6,677 | -€341,095 | -98.1% |
| Other amounts receivable | 41 | €2,150 | €4,079 | +€1,929 | +89.7% |
| Cash at bank and in hand | 54/58 | €2,569,148 | €586,185 | -€2.0m | -77.2% |
| Deferred charges and accrued income | 490/1 | €1,387 | €584 | -€802 | -57.9% |
| Total equity and liabilities | 10/49 | €8,198,007 | €678,275 | -€7.5m | -91.7% |
| Equity | 10/15 | €679,894 | -€10,003 | -€689,897 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €569,894 | -€120,003 | -€689,897 | |
| Provisions and deferred taxes | 16 | €24,600 | €24,600 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €24,600 | €24,600 | = | 0.0% |
| Other liabilities and charges | 164/5 | €24,600 | €24,600 | = | 0.0% |
| Amounts payable | 17/49 | €7,493,513 | €663,677 | -€6.8m | -91.1% |
| Amounts payable within one year | 42/48 | €7,373,550 | €663,677 | -€6.7m | -91.0% |
| Trade debts | 44 | €543,455 | €262,543 | -€280,911 | -51.7% |
| Suppliers | 440/4 | €543,455 | €262,543 | -€280,911 | -51.7% |
| Advances received on contracts in progress | 46 | €5,148,682 | - | -€5.1m | |
| Taxes, remuneration and social security | 45 | €23,791 | €1,009 | -€22,781 | -95.8% |
| Taxes | 450/3 | €15,208 | €1,009 | -€14,199 | -93.4% |
| Remuneration and social security | 454/9 | €8,583 | - | -€8,583 | |
| Other amounts payable | 47/48 | €1,657,623 | €400,125 | -€1.3m | -75.9% |
| Accrued charges and deferred income | 492/3 | €119,963 | - | -€119,963 | |
| Remuneration, social security and pensions | 62 | €44,022 | €24,424 | -€19,599 | -44.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €370 | - | -€370 | |
| Other operating charges | 640/8 | €960 | €15,898 | +€14,937 | +1,556% |
| Gross operating margin | 9900 | -€21,284 | -€657,728 | -€636,444 | -2,990% |
| Operating profit (loss) | 9901 | -€66,637 | -€698,049 | -€631,412 | -948% |
| Financial income | 75/76B | €431,644 | €13,596 | -€418,049 | -96.9% |
| Recurring financial income | 75 | €431,644 | €13,596 | -€418,049 | -96.9% |
| Financial charges | 65/66B | €37,057 | €5,443 | -€31,614 | -85.3% |
| Recurring financial charges | 65 | €37,057 | €5,443 | -€31,614 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | €327,950 | -€689,897 | -€1.0m | |
| Profit (loss) for the period | 9904 | €327,950 | -€689,897 | -€1.0m | |
| Profit (loss) for the period to be appropriated | 9905 | €327,950 | -€689,897 | -€1.0m |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.