STINA: what changed
Two financial 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.
STINA
Largest movements
- Cash +€23,515
up €23,515 (+119%), from €19,700 to €43,215
mainly Net result for the year (+€27,083) and Other debts (+€21,660)
- Receivables within one year -€8,557
down €8,557 (-20.7%), from €41,304 to €32,748
of which Other amounts receivable: -€16,971
- Tangible fixed assets -€2,835
down €2,835 (-15.8%), from €17,953 to €15,118
of which Furniture and vehicles: -€2,245
- Reserves -€37,594
down €37,594 (-95.3%), from €39,454 to €1,860
of which Distributable reserves: -€37,594
- Profit (loss) carried forward +€27,083
new in 2025: €27,083
- Other debts +€21,660
up €21,660 (+158%), from €13,715 to €35,375
- Gross operating margin +€17,859
up €17,859 (+61.3%), from €29,128 to €46,987
- Taxes +€3,722
up €3,722 (+93.9%), from €3,963 to €7,685
- Other operating charges +€2,158
up €2,158 (+48.0%), from €4,498 to €6,657
- Depreciation -€1,505
down €1,505 (-22.9%), from €6,569 to €5,065
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.
Derived cash bridge
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 | €78,957 | €91,145 | +€12,187 | +15.4% |
| Fixed assets | 21/28 | €17,953 | €15,118 | -€2,835 | -15.8% |
| Tangible fixed assets | 22/27 | €17,953 | €15,118 | -€2,835 | -15.8% |
| Furniture and vehicles | 24 | €3,374 | €1,129 | -€2,245 | -66.5% |
| Other tangible fixed assets | 26 | €14,579 | €13,990 | -€590 | -4.0% |
| Current assets | 29/58 | €61,004 | €76,026 | +€15,022 | +24.6% |
| Amounts receivable within one year | 40/41 | €41,304 | €32,748 | -€8,557 | -20.7% |
| Trade receivables | 40 | €19,166 | €27,580 | +€8,414 | +43.9% |
| Other amounts receivable | 41 | €22,139 | €5,168 | -€16,971 | -76.7% |
| Cash at bank and in hand | 54/58 | €19,700 | €43,215 | +€23,515 | +119% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €78,957 | €91,145 | +€12,187 | +15.4% |
| Equity | 10/15 | €58,054 | €47,543 | -€10,511 | -18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,454 | €1,860 | -€37,594 | -95.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €37,594 | - | -€37,594 | |
| Profit (loss) carried forward | 14 | - | €27,083 | +€27,083 | |
| Amounts payable | 17/49 | €20,903 | €43,602 | +€22,698 | +109% |
| Amounts payable within one year | 42/48 | €20,903 | €43,602 | +€22,698 | +109% |
| Trade debts | 44 | €537 | €817 | +€280 | +52.1% |
| Suppliers | 440/4 | €537 | €817 | +€280 | +52.1% |
| Taxes, remuneration and social security | 45 | €6,651 | €7,410 | +€759 | +11.4% |
| Taxes | 450/3 | €6,651 | €7,410 | +€759 | +11.4% |
| Other amounts payable | 47/48 | €13,715 | €35,375 | +€21,660 | +158% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,569 | €5,065 | -€1,505 | -22.9% |
| Other operating charges | 640/8 | €4,498 | €6,657 | +€2,158 | +48.0% |
| Gross operating margin | 9900 | €29,128 | €46,987 | +€17,859 | +61.3% |
| Operating profit (loss) | 9901 | €18,060 | €35,266 | +€17,206 | +95.3% |
| Financial income | 75/76B | €398 | €29 | -€369 | -92.8% |
| Recurring financial income | 75 | €398 | €29 | -€369 | -92.8% |
| Financial charges | 65/66B | €570 | €526 | -€44 | -7.7% |
| Recurring financial charges | 65 | €570 | €526 | -€44 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €17,888 | €34,768 | +€16,880 | +94.4% |
| Income taxes | 67/77 | €3,963 | €7,685 | +€3,722 | +93.9% |
| Profit (loss) for the period | 9904 | €13,925 | €27,083 | +€13,158 | +94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €13,925 | €27,083 | +€13,158 | +94.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.