Stiloja: 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.
Stiloja
Largest movements
- Cash +€77,331
up €77,331 (+109.0%), from €70,922 to €148,253
mainly Net result for the year (+€55,792) and Trade debts (+€13,554)
- Intangible fixed assets -€3,651
down €3,651 (-26.3%), from €13,885 to €10,234
- Tangible fixed assets +€3,138
up €3,138 (+52.1%), from €6,022 to €9,160
of which Land and buildings: +€1,839
- Reserves +€55,792
up €55,792 (+100.3%), from €55,601 to €111,393
- Trade debts +€13,554
up €13,554 (+2296.1%), from €590 to €14,144
- Accrued charges and deferred income +€8,061
new in 2025: €8,061
No income-statement line moved by more than 1% of the activity.
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 | €100,047 | €177,328 | +€77,281 | +77.2% |
| Fixed assets | 21/28 | €19,908 | €19,394 | -€514 | -2.6% |
| Intangible fixed assets | 21 | €13,885 | €10,234 | -€3,651 | -26.3% |
| Tangible fixed assets | 22/27 | €6,022 | €9,160 | +€3,138 | +52.1% |
| Land and buildings | 22 | €2,994 | €4,833 | +€1,839 | +61.4% |
| Plant, machinery and equipment | 23 | €3,028 | €4,327 | +€1,299 | +42.9% |
| Current assets | 29/58 | €80,139 | €157,934 | +€77,795 | +97.1% |
| Amounts receivable within one year | 40/41 | €8,986 | €8,875 | -€111 | -1.2% |
| Trade receivables | 40 | €8,986 | €8,607 | -€380 | -4.2% |
| Other amounts receivable | 41 | - | €269 | +€269 | |
| Cash at bank and in hand | 54/58 | €70,922 | €148,253 | +€77,331 | +109.0% |
| Deferred charges and accrued income | 490/1 | €231 | €806 | +€575 | +249.3% |
| Total equity and liabilities | 10/49 | €100,047 | €177,328 | +€77,281 | +77.2% |
| Equity | 10/15 | €57,101 | €112,893 | +€55,792 | +97.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,601 | €111,393 | +€55,792 | +100.3% |
| Distributable reserves | 133 | €55,601 | €111,393 | +€55,792 | +100.3% |
| Amounts payable | 17/49 | €42,945 | €64,435 | +€21,490 | +50.0% |
| Amounts payable within one year | 42/48 | €42,945 | €56,374 | +€13,428 | +31.3% |
| Trade debts | 44 | €590 | €14,144 | +€13,554 | +2296.1% |
| Suppliers | 440/4 | €590 | €14,144 | +€13,554 | +2296.1% |
| Taxes, remuneration and social security | 45 | €22,564 | €21,169 | -€1,395 | -6.2% |
| Taxes | 450/3 | €22,564 | €21,169 | -€1,395 | -6.2% |
| Other amounts payable | 47/48 | €19,791 | €21,060 | +€1,269 | +6.4% |
| Accrued charges and deferred income | 492/3 | - | €8,061 | +€8,061 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,713 | €5,673 | -€40 | -0.7% |
| Other operating charges | 640/8 | €236 | €305 | +€69 | +29.2% |
| Gross operating margin | 9900 | €83,412 | €83,084 | -€329 | -0.4% |
| Operating profit (loss) | 9901 | €77,463 | €77,105 | -€358 | -0.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.3% |
| Financial charges | 65/66B | €161 | €144 | -€17 | -10.4% |
| Recurring financial charges | 65 | €161 | €144 | -€17 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €77,303 | €76,961 | -€342 | -0.4% |
| Income taxes | 67/77 | €21,701 | €21,169 | -€532 | -2.5% |
| Profit (loss) for the period | 9904 | €55,601 | €55,792 | +€190 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,601 | €55,792 | +€190 | +0.3% |
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 1 October 2026 via checked.be.