STINACO: 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.
STINACO
Largest movements
- Tangible fixed assets +€254,526
up €254,526 (+12.2%), from €2.1m to €2.3m
of which Land and buildings: +€256,607
- Receivables within one year +€207,371
up €207,371 (+1,446%), from €14,340 to €221,711
of which Other amounts receivable: +€197,767
- Other debts +€326,301
up €326,301 (+133%), from €244,432 to €570,733
- Profit (loss) carried forward +€143,717
up €143,717 (+10.6%), from €1.4m to €1.5m
- Debts after one year -€61,117
down €61,117 (-8.1%), from €755,078 to €693,961
- Trade debts +€52,713
up €52,713 (+15,923%), from €331 to €53,044
- Gross operating margin +€21,731
up €21,731 (+3.8%), from €574,069 to €595,800
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 | €2,464,421 | €2,927,372 | +€462,951 | +18.8% |
| Fixed assets | 21/28 | €2,190,490 | €2,445,016 | +€254,526 | +11.6% |
| Tangible fixed assets | 22/27 | €2,080,490 | €2,335,016 | +€254,526 | +12.2% |
| Land and buildings | 22 | €2,067,610 | €2,324,217 | +€256,607 | +12.4% |
| Furniture and vehicles | 24 | €12,880 | €10,799 | -€2,081 | -16.2% |
| Financial fixed assets | 28 | €110,000 | €110,000 | = | 0.0% |
| Current assets | 29/58 | €273,931 | €482,356 | +€208,424 | +76.1% |
| Amounts receivable within one year | 40/41 | €14,340 | €221,711 | +€207,371 | +1,446% |
| Trade receivables | 40 | €76 | €9,680 | +€9,604 | +12,620% |
| Other amounts receivable | 41 | €14,264 | €212,031 | +€197,767 | +1,386% |
| Current investments | 50/53 | €24,378 | €24,378 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €232,607 | €233,293 | +€686 | +0.3% |
| Deferred charges and accrued income | 490/1 | €2,606 | €2,974 | +€368 | +14.1% |
| Total equity and liabilities | 10/49 | €2,464,421 | €2,927,372 | +€462,951 | +18.8% |
| Equity | 10/15 | €1,392,429 | €1,536,147 | +€143,717 | +10.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,361,429 | €1,505,147 | +€143,717 | +10.6% |
| Amounts payable | 17/49 | €1,071,992 | €1,391,225 | +€319,234 | +29.8% |
| Amounts payable after more than one year | 17 | €755,078 | €693,961 | -€61,117 | -8.1% |
| Financial debts | 170/4 | €755,078 | €693,961 | -€61,117 | -8.1% |
| Amounts payable within one year | 42/48 | €314,324 | €694,373 | +€380,049 | +121% |
| Current portion of amounts payable after more than one year | 42 | €59,966 | €61,117 | +€1,151 | +1.9% |
| Trade debts | 44 | €331 | €53,044 | +€52,713 | +15,923% |
| Suppliers | 440/4 | €331 | €53,044 | +€52,713 | +15,923% |
| Taxes, remuneration and social security | 45 | €9,595 | €9,480 | -€115 | -1.2% |
| Taxes | 450/3 | €9,595 | €9,480 | -€115 | -1.2% |
| Other amounts payable | 47/48 | €244,432 | €570,733 | +€326,301 | +133% |
| Accrued charges and deferred income | 492/3 | €2,590 | €2,891 | +€301 | +11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,801 | €97,512 | +€5,711 | +6.2% |
| Other operating charges | 640/8 | €7,002 | €9,950 | +€2,948 | +42.1% |
| Gross operating margin | 9900 | €574,069 | €595,800 | +€21,731 | +3.8% |
| Operating profit (loss) | 9901 | €475,266 | €488,338 | +€13,073 | +2.8% |
| Financial income | 75/76B | €249 | €2,644 | +€2,395 | +961% |
| Recurring financial income | 75 | €249 | €2,644 | +€2,395 | +961% |
| Financial charges | 65/66B | €32,630 | €36,740 | +€4,110 | +12.6% |
| Recurring financial charges | 65 | €32,630 | €36,740 | +€4,110 | +12.6% |
| Profit (loss) for the period before taxes | 9903 | €442,885 | €454,242 | +€11,358 | +2.6% |
| Income taxes | 67/77 | €13,429 | €10,525 | -€2,904 | -21.6% |
| Profit (loss) for the period | 9904 | €429,455 | €443,717 | +€14,262 | +3.3% |
| Profit (loss) for the period to be appropriated | 9905 | €429,455 | €443,717 | +€14,262 | +3.3% |
Source: filed annual accounts (NBB), financial years ended 29 June 2024 and 29 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.