Stindy: what changed
Stindy
Largest movements
- Receivables within one year -€12,044
down €12,044 (-14.9%), from €80,702 to €68,658
of which Trade receivables: -€10,335
- Cash +€8,311
up €8,311 (+7.7%), from €107,304 to €115,615
mainly Net result for the year (+€56,144) and Other debts (+€49,697)
- Tangible fixed assets -€7,490
down €7,490 (-27.6%), from €27,184 to €19,694
of which Furniture and vehicles: -€7,072
- Reserves -€53,856
down €53,856 (-31.1%), from €173,212 to €119,356
- Other debts +€49,697
up €49,697 (+477%), from €10,408 to €60,106
- Tax, wage and social debts -€6,961
down €6,961 (-61.4%), from €11,331 to €4,370
of which Taxes: -€3,961
- Taxes +€5,596
up €5,596 (+58.7%), from €9,535 to €15,132
- Gross operating margin +€4,553
up €4,553 (+5.6%), from €82,000 to €86,553
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €216,097 | €204,903 | -€11,194 | -5.2% |
| Fixed assets | 21/28 | €27,184 | €19,694 | -€7,490 | -27.6% |
| Tangible fixed assets | 22/27 | €27,184 | €19,694 | -€7,490 | -27.6% |
| Land and buildings | 22 | €1,098 | €679 | -€419 | -38.1% |
| Furniture and vehicles | 24 | €26,086 | €19,014 | -€7,072 | -27.1% |
| Current assets | 29/58 | €188,913 | €185,210 | -€3,703 | -2.0% |
| Amounts receivable within one year | 40/41 | €80,702 | €68,658 | -€12,044 | -14.9% |
| Trade receivables | 40 | €55,660 | €45,325 | -€10,335 | -18.6% |
| Other amounts receivable | 41 | €25,042 | €23,333 | -€1,709 | -6.8% |
| Cash at bank and in hand | 54/58 | €107,304 | €115,615 | +€8,311 | +7.7% |
| Deferred charges and accrued income | 490/1 | €907 | €937 | +€29 | +3.2% |
| Total equity and liabilities | 10/49 | €216,097 | €204,903 | -€11,194 | -5.2% |
| Equity | 10/15 | €191,812 | €137,956 | -€53,856 | -28.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €173,212 | €119,356 | -€53,856 | -31.1% |
| Distributable reserves | 133 | €173,212 | €119,356 | -€53,856 | -31.1% |
| Amounts payable | 17/49 | €24,285 | €66,947 | +€42,662 | +176% |
| Amounts payable within one year | 42/48 | €24,285 | €66,947 | +€42,662 | +176% |
| Trade debts | 44 | €2,545 | €2,472 | -€73 | -2.9% |
| Suppliers | 440/4 | €2,545 | €2,472 | -€73 | -2.9% |
| Taxes, remuneration and social security | 45 | €11,331 | €4,370 | -€6,961 | -61.4% |
| Taxes | 450/3 | €8,331 | €4,370 | -€3,961 | -47.5% |
| Remuneration and social security | 454/9 | €3,000 | - | -€3,000 | |
| Other amounts payable | 47/48 | €10,408 | €60,106 | +€49,697 | +477% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,814 | €10,968 | -€846 | -7.2% |
| Other operating charges | 640/8 | €2,333 | €2,271 | -€62 | -2.7% |
| Non-recurring operating charges | 66A | - | €989 | +€989 | |
| Gross operating margin | 9900 | €82,000 | €86,553 | +€4,553 | +5.6% |
| Operating profit (loss) | 9901 | €67,853 | €72,325 | +€4,473 | +6.6% |
| Financial charges | 65/66B | €1,066 | €1,050 | -€16 | -1.5% |
| Recurring financial charges | 65 | €1,066 | €1,050 | -€16 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €66,786 | €71,275 | +€4,489 | +6.7% |
| Income taxes | 67/77 | €9,535 | €15,132 | +€5,596 | +58.7% |
| Profit (loss) for the period | 9904 | €57,251 | €56,144 | -€1,107 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,251 | €56,144 | -€1,107 | -1.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.