STIJNERGIEK: 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.
STIJNERGIEK
Largest movements
- Cash -€5,713
down €5,713 (-17.1%), from €33,327 to €27,614
mainly Contributions, distributions and other (-€65,000) and Investment in fixed assets (net) (-€1,280)
- Tangible fixed assets -€1,517
down €1,517 (-25.2%), from €6,022 to €4,504
of which Land and buildings: -€904
- Receivables within one year -€951
down €951 (-8.5%), from €11,134 to €10,183
of which Trade receivables: -€2,208
- Reserves -€46,233
down €46,233 (-94.1%), from €49,135 to €2,901
- Other debts +€28,767
up €28,767 (+2,291%), from €1,256 to €30,022
- Tax, wage and social debts +€4,666
up €4,666 (+344%), from €1,355 to €6,020
- Profit (loss) carried forward +€4,465
up €4,465, from -€4,465 to €0
- Gross operating margin +€33,886
up €33,886 (+3,502%), from €968 to €34,854
- Taxes +€6,639
up €6,639 (+602%), from €1,102 to €7,741
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 | €51,952 | €43,407 | -€8,544 | -16.4% |
| Fixed assets | 21/28 | €6,022 | €4,504 | -€1,517 | -25.2% |
| Tangible fixed assets | 22/27 | €6,022 | €4,504 | -€1,517 | -25.2% |
| Land and buildings | 22 | €2,483 | €1,579 | -€904 | -36.4% |
| Furniture and vehicles | 24 | €3,539 | €2,925 | -€613 | -17.3% |
| Current assets | 29/58 | €45,930 | €38,903 | -€7,027 | -15.3% |
| Amounts receivable within one year | 40/41 | €11,134 | €10,183 | -€951 | -8.5% |
| Trade receivables | 40 | €11,132 | €8,924 | -€2,208 | -19.8% |
| Other amounts receivable | 41 | €2 | €1,259 | +€1,257 | +69,847% |
| Cash at bank and in hand | 54/58 | €33,327 | €27,614 | -€5,713 | -17.1% |
| Deferred charges and accrued income | 490/1 | €1,469 | €1,106 | -€363 | -24.7% |
| Total equity and liabilities | 10/49 | €51,952 | €43,407 | -€8,544 | -16.4% |
| Equity | 10/15 | €47,670 | €5,901 | -€41,769 | -87.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €49,135 | €2,901 | -€46,233 | -94.1% |
| Distributable reserves | 133 | €49,135 | €2,901 | -€46,233 | -94.1% |
| Profit (loss) carried forward | 14 | -€4,465 | €0 | +€4,465 | |
| Amounts payable | 17/49 | €4,282 | €37,506 | +€33,224 | +776% |
| Amounts payable within one year | 42/48 | €4,282 | €37,506 | +€33,224 | +776% |
| Financial debts | 43 | €122 | €201 | +€79 | +64.3% |
| Credit institutions | 430/8 | €122 | €201 | +€79 | +64.3% |
| Trade debts | 44 | €1,549 | €1,262 | -€287 | -18.5% |
| Suppliers | 440/4 | €1,549 | €1,262 | -€287 | -18.5% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €1,355 | €6,020 | +€4,666 | +344% |
| Taxes | 450/3 | €1,355 | €6,020 | +€4,666 | +344% |
| Other amounts payable | 47/48 | €1,256 | €30,022 | +€28,767 | +2,291% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,947 | €2,798 | -€150 | -5.1% |
| Other operating charges | 640/8 | €760 | €589 | -€171 | -22.5% |
| Gross operating margin | 9900 | €968 | €34,854 | +€33,886 | +3,502% |
| Operating profit (loss) | 9901 | -€2,739 | €31,467 | +€34,207 | |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €623 | €495 | -€128 | -20.5% |
| Recurring financial charges | 65 | €623 | €495 | -€128 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,362 | €30,972 | +€34,335 | |
| Income taxes | 67/77 | €1,102 | €7,741 | +€6,639 | +602% |
| Profit (loss) for the period | 9904 | -€4,465 | €23,231 | +€27,696 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,465 | €23,231 | +€27,696 |
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 27 October 2026 via checked.be.