STIJNSON: what changed
Two fiscal 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.
STIJNSON
Largest movements
- Receivables within one year +€69,681
up €69,681 (+82.4%), from €84,542 to €154,223
of which Trade receivables: +€41,665
- Cash -€12,327
down €12,327 (-10.7%), from €115,613 to €103,286
mainly Receivables within one year (-€69,681) and Deferred charges and accrued income (-€940)
- Tangible fixed assets -€2,918
down €2,918 (-22.1%), from €13,191 to €10,274
of which Furniture and vehicles: -€2,711
- Trade debts +€35,267
up €35,267 (+49105.1%), from €72 to €35,339
- Tax, wage and social debts +€12,116
up €12,116 (+34.2%), from €35,385 to €47,501
of which Remuneration and social security: +€21,318
- Profit (loss) carried forward +€7,993
up €7,993 (+6.4%), from €124,806 to €132,799
- Gross operating margin +€137,583
up €137,583 (+33.5%), from €410,844 to €548,428
- Staff costs +€132,562
up €132,562 (+34.1%), from €388,400 to €520,962
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.
Cash bridge derived
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 | €214,280 | €269,657 | +€55,376 | +25.8% |
| Fixed assets | 21/28 | €13,191 | €10,274 | -€2,918 | -22.1% |
| Tangible fixed assets | 22/27 | €13,191 | €10,274 | -€2,918 | -22.1% |
| Plant, machinery and equipment | 23 | €1,488 | €1,281 | -€207 | -13.9% |
| Furniture and vehicles | 24 | €11,703 | €8,993 | -€2,711 | -23.2% |
| Current assets | 29/58 | €201,089 | €259,383 | +€58,294 | +29.0% |
| Amounts receivable within one year | 40/41 | €84,542 | €154,223 | +€69,681 | +82.4% |
| Trade receivables | 40 | €45,603 | €87,267 | +€41,665 | +91.4% |
| Other amounts receivable | 41 | €38,939 | €66,956 | +€28,017 | +72.0% |
| Cash at bank and in hand | 54/58 | €115,613 | €103,286 | -€12,327 | -10.7% |
| Deferred charges and accrued income | 490/1 | €935 | €1,874 | +€940 | +100.5% |
| Total equity and liabilities | 10/49 | €214,280 | €269,657 | +€55,376 | +25.8% |
| Equity | 10/15 | €173,120 | €181,113 | +€7,993 | +4.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €18,313 | €18,313 | = | 0.0% |
| Distributable reserves | 133 | €18,313 | €18,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €124,806 | €132,799 | +€7,993 | +6.4% |
| Amounts payable | 17/49 | €41,161 | €88,544 | +€47,383 | +115.1% |
| Amounts payable within one year | 42/48 | €41,161 | €88,544 | +€47,383 | +115.1% |
| Financial debts | 43 | €5,704 | €5,704 | = | 0.0% |
| Credit institutions | 430/8 | €5,704 | €5,704 | = | 0.0% |
| Trade debts | 44 | €72 | €35,339 | +€35,267 | +49105.1% |
| Suppliers | 440/4 | €72 | €35,339 | +€35,267 | +49105.1% |
| Taxes, remuneration and social security | 45 | €35,385 | €47,501 | +€12,116 | +34.2% |
| Taxes | 450/3 | €13,361 | €4,159 | -€9,202 | -68.9% |
| Remuneration and social security | 454/9 | €22,024 | €43,342 | +€21,318 | +96.8% |
| Remuneration, social security and pensions | 62 | €388,400 | €520,962 | +€132,562 | +34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,191 | €2,918 | -€274 | -8.6% |
| Other operating charges | 640/8 | €11,809 | €14,459 | +€2,650 | +22.4% |
| Gross operating margin | 9900 | €410,844 | €548,428 | +€137,583 | +33.5% |
| Operating profit (loss) | 9901 | €7,444 | €10,089 | +€2,645 | +35.5% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €87 | €98 | +€11 | +12.7% |
| Recurring financial charges | 65 | €87 | €98 | +€11 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €7,358 | €9,992 | +€2,634 | +35.8% |
| Income taxes | 67/77 | €1,545 | €1,998 | +€453 | +29.3% |
| Profit (loss) for the period | 9904 | €5,812 | €7,993 | +€2,181 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,812 | €7,993 | +€2,181 | +37.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.