Stim: 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.
Stim
Largest movements
- Tangible fixed assets +€22,717
up €22,717 (+28.3%), from €80,340 to €103,057
of which Furniture and vehicles: +€36,096
- Cash +€6,166
up €6,166 (+494.7%), from €1,246 to €7,412
mainly Other debts (+€48,784) and Depreciation (+€14,831)
- Receivables within one year +€2,922
up €2,922 (+677.2%), from €431 to €3,354
- Other debts +€48,784
up €48,784 (+84.2%), from €57,906 to €106,690
- Debts after one year -€13,654
down €13,654 (-18.2%), from €75,111 to €61,457
- Profit (loss) carried forward -€2,027
down €2,027 (-2.4%), from -€83,063 to -€85,089
- Gross operating margin +€4,704
up €4,704 (+31.8%), from €14,802 to €19,506
- Depreciation +€782
up €782 (+5.6%), from €14,049 to €14,831
- Financial charges -€594
down €594 (-13.1%), from €4,523 to €3,929
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 | €82,684 | €115,393 | +€32,709 | +39.6% |
| Fixed assets | 21/28 | €80,340 | €103,057 | +€22,717 | +28.3% |
| Tangible fixed assets | 22/27 | €80,340 | €103,057 | +€22,717 | +28.3% |
| Land and buildings | 22 | €64,738 | €53,388 | -€11,350 | -17.5% |
| Plant, machinery and equipment | 23 | €13,337 | €11,309 | -€2,029 | -15.2% |
| Furniture and vehicles | 24 | €2,266 | €38,361 | +€36,096 | +1593.3% |
| Current assets | 29/58 | €2,344 | €12,336 | +€9,992 | +426.3% |
| Amounts receivable within one year | 40/41 | €431 | €3,354 | +€2,922 | +677.2% |
| Other amounts receivable | 41 | €431 | €3,354 | +€2,922 | +677.2% |
| Cash at bank and in hand | 54/58 | €1,246 | €7,412 | +€6,166 | +494.7% |
| Deferred charges and accrued income | 490/1 | €666 | €1,570 | +€904 | +135.7% |
| Total equity and liabilities | 10/49 | €82,684 | €115,393 | +€32,709 | +39.6% |
| Equity | 10/15 | -€64,381 | -€66,407 | -€2,027 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €82 | €82 | = | 0.0% |
| Non-distributable reserves | 130/1 | €82 | €82 | = | 0.0% |
| Reserves not available under the articles | 1311 | €82 | €82 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,063 | -€85,089 | -€2,027 | -2.4% |
| Amounts payable | 17/49 | €147,065 | €181,801 | +€34,735 | +23.6% |
| Amounts payable after more than one year | 17 | €75,111 | €61,457 | -€13,654 | -18.2% |
| Financial debts | 170/4 | €75,111 | €61,457 | -€13,654 | -18.2% |
| Amounts payable within one year | 42/48 | €71,954 | €120,344 | +€48,389 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | €13,032 | €13,654 | +€622 | +4.8% |
| Trade debts | 44 | €1,017 | €0 | -€1,017 | -100.0% |
| Suppliers | 440/4 | €1,017 | €0 | -€1,017 | -100.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €57,906 | €106,690 | +€48,784 | +84.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,049 | €14,831 | +€782 | +5.6% |
| Other operating charges | 640/8 | €2,625 | €2,772 | +€147 | +5.6% |
| Gross operating margin | 9900 | €14,802 | €19,506 | +€4,704 | +31.8% |
| Operating profit (loss) | 9901 | -€1,873 | €1,902 | +€3,775 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,523 | €3,929 | -€594 | -13.1% |
| Recurring financial charges | 65 | €4,523 | €3,929 | -€594 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,396 | -€2,027 | +€4,369 | +68.3% |
| Profit (loss) for the period | 9904 | -€6,396 | -€2,027 | +€4,369 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,396 | -€2,027 | +€4,369 | +68.3% |
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 3 October 2026 via checked.be.