STIJN & CO.NINX: what changed
STIJN & CO.NINX
Largest movements
- Receivables after one year -€40,250
down €40,250 (-26.0%), from €155,000 to €114,750
- Tangible fixed assets -€13,881
down €13,881 (-27.1%), from €51,158 to €37,276
of which Furniture and vehicles: -€20,133
- Receivables within one year +€4,609
up €4,609 (+31.6%), from €14,597 to €19,207
of which Trade receivables: +€5,734
- Cash +€3,410
up €3,410 (+20.5%), from €16,638 to €20,048
mainly Receivables after one year (+€40,250) and Depreciation (+€19,731)
- Accrued charges and deferred income -€35,140
down €35,140 (-100%), from €35,140 to €0
- Debts after one year -€10,509
down €10,509 (-100%), from €10,509 to €0
- Other debts +€8,055
up €8,055 (+225%), from €3,587 to €11,642
- Trade debts -€7,050
down €7,050 (-70.5%), from €9,997 to €2,947
- Profit (loss) carried forward +€5,866
up €5,866, from -€2,419 to €3,446
- Gross operating margin +€50,999
up €50,999, from -€25,362 to €25,636
- Financial income -€2,676
down €2,676 (-42.9%), from €6,242 to €3,566
- Other operating charges +€1,989
up €1,989 (+302%), from €658 to €2,647
- Depreciation -€433
down €433 (-2.1%), from €20,163 to €19,731
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,228 | €197,376 | -€44,852 | -18.5% |
| Fixed assets | 21/28 | €51,158 | €37,276 | -€13,881 | -27.1% |
| Tangible fixed assets | 22/27 | €51,158 | €37,276 | -€13,881 | -27.1% |
| Plant, machinery and equipment | 23 | €6,300 | €12,551 | +€6,251 | +99.2% |
| Furniture and vehicles | 24 | €44,858 | €24,725 | -€20,133 | -44.9% |
| Current assets | 29/58 | €191,070 | €160,100 | -€30,970 | -16.2% |
| Amounts receivable after more than one year | 29 | €155,000 | €114,750 | -€40,250 | -26.0% |
| Other amounts receivable | 291 | €155,000 | €114,750 | -€40,250 | -26.0% |
| Amounts receivable within one year | 40/41 | €14,597 | €19,207 | +€4,609 | +31.6% |
| Trade receivables | 40 | €13,467 | €19,201 | +€5,734 | +42.6% |
| Other amounts receivable | 41 | €1,130 | €6 | -€1,124 | -99.5% |
| Cash at bank and in hand | 54/58 | €16,638 | €20,048 | +€3,410 | +20.5% |
| Deferred charges and accrued income | 490/1 | €4,834 | €6,095 | +€1,261 | +26.1% |
| Total equity and liabilities | 10/49 | €242,228 | €197,376 | -€44,852 | -18.5% |
| Equity | 10/15 | €164,331 | €170,196 | +€5,866 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,150 | €148,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,419 | €3,446 | +€5,866 | |
| Amounts payable | 17/49 | €77,897 | €27,180 | -€50,717 | -65.1% |
| Amounts payable after more than one year | 17 | €10,509 | €0 | -€10,509 | -100% |
| Financial debts | 170/4 | €10,509 | €0 | -€10,509 | -100% |
| Amounts payable within one year | 42/48 | €32,248 | €27,180 | -€5,068 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €13,882 | €10,509 | -€3,373 | -24.3% |
| Trade debts | 44 | €9,997 | €2,947 | -€7,050 | -70.5% |
| Suppliers | 440/4 | €9,997 | €2,947 | -€7,050 | -70.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,782 | €2,082 | -€2,700 | -56.5% |
| Taxes | 450/3 | €4,782 | €2,082 | -€2,700 | -56.5% |
| Other amounts payable | 47/48 | €3,587 | €11,642 | +€8,055 | +225% |
| Accrued charges and deferred income | 492/3 | €35,140 | €0 | -€35,140 | -100% |
| Non-recurring operating income | 76A | €9,669 | €0 | -€9,669 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,163 | €19,731 | -€433 | -2.1% |
| Other operating charges | 640/8 | €658 | €2,647 | +€1,989 | +302% |
| Gross operating margin | 9900 | -€25,362 | €25,636 | +€50,999 | |
| Operating profit (loss) | 9901 | -€46,184 | €3,259 | +€49,442 | |
| Financial income | 75/76B | €6,242 | €3,566 | -€2,676 | -42.9% |
| Recurring financial income | 75 | €6,242 | €3,566 | -€2,676 | -42.9% |
| Financial charges | 65/66B | €658 | €557 | -€102 | -15.4% |
| Recurring financial charges | 65 | €658 | €557 | -€102 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€40,600 | €6,268 | +€46,868 | |
| Income taxes | 67/77 | €555 | €402 | -€153 | -27.6% |
| Profit (loss) for the period | 9904 | -€41,155 | €5,866 | +€47,021 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,155 | €5,866 | +€47,021 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.