Stilec: 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.
Stilec
Largest movements
- Cash +€57,104
up €57,104 (+47.7%), from €119,764 to €176,868
mainly Other debts (+€179,282) and Net result for the year (+€60,844)
- Receivables within one year -€29,191
down €29,191 (-33.1%), from €88,320 to €59,129
of which Trade receivables: -€20,927
- Tangible fixed assets -€23,690
down €23,690 (-43.2%), from €54,880 to €31,190
of which Furniture and vehicles: -€23,106
- Other debts +€179,282
up €179,282 (+3509.0%), from €5,109 to €184,391
- Profit (loss) carried forward -€153,865
no longer reported in 2025 (was €153,865)
- Reserves -€47,722
down €47,722 (-74.0%), from €64,523 to €16,802
- Tax, wage and social debts +€31,075
up €31,075 (+211.8%), from €14,675 to €45,749
- Trade debts -€4,548
down €4,548 (-73.4%), from €6,193 to €1,645
- Gross operating margin -€13,409
down €13,409 (-11.5%), from €116,261 to €102,851
- Taxes -€3,612
down €3,612 (-17.7%), from €20,375 to €16,763
- Other operating charges -€1,343
down €1,343 (-54.0%), from €2,485 to €1,142
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.
Cash bridge derived
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 | €262,964 | €267,187 | +€4,223 | +1.6% |
| Fixed assets | 21/28 | €54,880 | €31,190 | -€23,690 | -43.2% |
| Tangible fixed assets | 22/27 | €54,880 | €31,190 | -€23,690 | -43.2% |
| Plant, machinery and equipment | 23 | €2,336 | €1,752 | -€584 | -25.0% |
| Furniture and vehicles | 24 | €52,544 | €29,438 | -€23,106 | -44.0% |
| Current assets | 29/58 | €208,084 | €235,997 | +€27,913 | +13.4% |
| Amounts receivable within one year | 40/41 | €88,320 | €59,129 | -€29,191 | -33.1% |
| Trade receivables | 40 | €78,431 | €57,504 | -€20,927 | -26.7% |
| Other amounts receivable | 41 | €9,889 | €1,625 | -€8,263 | -83.6% |
| Cash at bank and in hand | 54/58 | €119,764 | €176,868 | +€57,104 | +47.7% |
| Total equity and liabilities | 10/49 | €262,964 | €267,187 | +€4,223 | +1.6% |
| Equity | 10/15 | €236,988 | €35,402 | -€201,586 | -85.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,523 | €16,802 | -€47,722 | -74.0% |
| Distributable reserves | 133 | €64,523 | €16,802 | -€47,722 | -74.0% |
| Profit (loss) carried forward | 14 | €153,865 | - | -€153,865 | |
| Amounts payable | 17/49 | €25,976 | €231,785 | +€205,809 | +792.3% |
| Amounts payable within one year | 42/48 | €25,976 | €231,785 | +€205,809 | +792.3% |
| Trade debts | 44 | €6,193 | €1,645 | -€4,548 | -73.4% |
| Suppliers | 440/4 | €6,193 | €1,645 | -€4,548 | -73.4% |
| Taxes, remuneration and social security | 45 | €14,675 | €45,749 | +€31,075 | +211.8% |
| Taxes | 450/3 | €14,675 | €45,749 | +€31,075 | +211.8% |
| Other amounts payable | 47/48 | €5,109 | €184,391 | +€179,282 | +3509.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,690 | €23,690 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,485 | €1,142 | -€1,343 | -54.0% |
| Gross operating margin | 9900 | €116,261 | €102,851 | -€13,409 | -11.5% |
| Operating profit (loss) | 9901 | €90,085 | €78,019 | -€12,067 | -13.4% |
| Financial income | 75/76B | €1 | €13 | +€12 | +1522.0% |
| Recurring financial income | 75 | €1 | €13 | +€12 | +1522.0% |
| Financial charges | 65/66B | €216 | €426 | +€210 | +97.3% |
| Recurring financial charges | 65 | €216 | €426 | +€210 | +97.3% |
| Profit (loss) for the period before taxes | 9903 | €89,871 | €77,606 | -€12,264 | -13.6% |
| Income taxes | 67/77 | €20,375 | €16,763 | -€3,612 | -17.7% |
| Profit (loss) for the period | 9904 | €69,496 | €60,844 | -€8,652 | -12.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,496 | €60,844 | -€8,652 | -12.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.