STIMA6: 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.
STIMA6
Largest movements
- Cash +€26,529
up €26,529 (+100.2%), from €26,486 to €53,015
mainly Depreciation (+€49,041) and Net result for the year (+€43,279)
- Tangible fixed assets -€22,218
down €22,218 (-3.5%), from €634,748 to €612,530
of which Land and buildings: -€25,395
- Receivables within one year -€16,201
down €16,201 (-38.2%), from €42,391 to €26,190
of which Trade receivables: -€12,769
- Reserves +€43,279
up €43,279 (+19.7%), from €219,963 to €263,242
- Debts after one year -€41,113
down €41,113 (-13.6%), from €302,753 to €261,641
- Other debts -€38,745
down €38,745 (-60.6%), from €63,887 to €25,142
- Tax, wage and social debts +€30,351
up €30,351 (+1078.9%), from €2,813 to €33,164
of which Remuneration and social security: +€20,165
- Gross operating margin +€76,309
up €76,309 (+31.0%), from €246,101 to €322,410
- Staff costs +€41,716
up €41,716 (+27.8%), from €150,053 to €191,769
- Taxes +€11,957
up €11,957 (+109.0%), from €10,966 to €22,923
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 | €712,504 | €701,365 | -€11,139 | -1.6% |
| Fixed assets | 21/28 | €634,748 | €612,530 | -€22,218 | -3.5% |
| Tangible fixed assets | 22/27 | €634,748 | €612,530 | -€22,218 | -3.5% |
| Land and buildings | 22 | €577,352 | €551,957 | -€25,395 | -4.4% |
| Plant, machinery and equipment | 23 | €44,350 | €37,324 | -€7,026 | -15.8% |
| Furniture and vehicles | 24 | €13,046 | €23,250 | +€10,204 | +78.2% |
| Current assets | 29/58 | €77,756 | €88,835 | +€11,079 | +14.2% |
| Stocks and contracts in progress | 3 | €6,573 | €6,337 | -€236 | -3.6% |
| Stocks | 30/36 | €6,573 | €6,337 | -€236 | -3.6% |
| Amounts receivable within one year | 40/41 | €42,391 | €26,190 | -€16,201 | -38.2% |
| Trade receivables | 40 | €13,349 | €580 | -€12,769 | -95.7% |
| Other amounts receivable | 41 | €29,042 | €25,610 | -€3,432 | -11.8% |
| Cash at bank and in hand | 54/58 | €26,486 | €53,015 | +€26,529 | +100.2% |
| Deferred charges and accrued income | 490/1 | €2,306 | €3,292 | +€986 | +42.8% |
| Total equity and liabilities | 10/49 | €712,504 | €701,365 | -€11,139 | -1.6% |
| Equity | 10/15 | €238,563 | €281,842 | +€43,279 | +18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €219,963 | €263,242 | +€43,279 | +19.7% |
| Distributable reserves | 133 | €219,963 | €263,242 | +€43,279 | +19.7% |
| Amounts payable | 17/49 | €473,941 | €419,523 | -€54,418 | -11.5% |
| Amounts payable after more than one year | 17 | €302,753 | €261,641 | -€41,113 | -13.6% |
| Financial debts | 170/4 | €302,753 | €261,641 | -€41,113 | -13.6% |
| Amounts payable within one year | 42/48 | €171,188 | €157,882 | -€13,305 | -7.8% |
| Current portion of amounts payable after more than one year | 42 | €59,538 | €58,125 | -€1,413 | -2.4% |
| Trade debts | 44 | €44,950 | €41,451 | -€3,498 | -7.8% |
| Suppliers | 440/4 | €44,950 | €41,451 | -€3,498 | -7.8% |
| Taxes, remuneration and social security | 45 | €2,813 | €33,164 | +€30,351 | +1078.9% |
| Taxes | 450/3 | €790 | €10,975 | +€10,186 | +1289.7% |
| Remuneration and social security | 454/9 | €2,023 | €22,189 | +€20,165 | +996.7% |
| Other amounts payable | 47/48 | €63,887 | €25,142 | -€38,745 | -60.6% |
| Remuneration, social security and pensions | 62 | €150,053 | €191,769 | +€41,716 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,810 | €49,041 | +€2,231 | +4.8% |
| Other operating charges | 640/8 | €6,705 | €6,652 | -€53 | -0.8% |
| Non-recurring operating charges | 66A | €7,381 | €0 | -€7,381 | -100.0% |
| Gross operating margin | 9900 | €246,101 | €322,410 | +€76,309 | +31.0% |
| Operating profit (loss) | 9901 | €35,152 | €74,949 | +€39,797 | +113.2% |
| Financial income | 75/76B | €241 | €327 | +€85 | +35.4% |
| Recurring financial income | 75 | €241 | €327 | +€85 | +35.4% |
| Financial charges | 65/66B | €6,693 | €9,072 | +€2,379 | +35.6% |
| Recurring financial charges | 65 | €6,693 | €9,072 | +€2,379 | +35.6% |
| Profit (loss) for the period before taxes | 9903 | €28,700 | €66,203 | +€37,502 | +130.7% |
| Income taxes | 67/77 | €10,966 | €22,923 | +€11,957 | +109.0% |
| Profit (loss) for the period | 9904 | €17,734 | €43,279 | +€25,545 | +144.0% |
| Profit (loss) for the period to be appropriated | 9905 | €17,734 | €43,279 | +€25,545 | +144.0% |
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 4 October 2026 via checked.be.