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StiPt: 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.

What changed

StiPt

BE 0673.903.936
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,900
2024 · €24,371-€15,471
Equity
€200,994
2024 · €192,094+€8,900
Cash
€4,639
2024 · €28,837-€24,197
Balance sheet total
€1.5m
2024 · €1.6m-€83,849

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€54,944

    down €54,944 (-3.7%), from €1.5m to €1.4m

    of which Land and buildings: -€54,583

  • Cash -€24,197

    down €24,197 (-83.9%), from €28,837 to €4,639

    mainly Debts after one year (-€86,520) and Tax, wage and social debts (-€8,209)

Equity and liabilities
  • Debts after one year -€86,520

    down €86,520 (-7.1%), from €1.2m to €1.1m

Income statement
  • Gross operating margin -€15,267

    down €15,267 (-15.0%), from €101,775 to €86,507

  • Financial charges -€1,643

    down €1,643 (-13.3%), from €12,345 to €10,701

  • Taxes +€1,544

    new in 2025: €1,544

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €24,371
Gross operating margin -€15,267
Other operating charges -€312
Financial income +€9
Financial charges +€1,643
Taxes -€1,544
Result 2025 €8,900

Cash bridge derived

cash 2024 to 2025

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.

From operations +€61,161
Investment €0
Financing -€85,359
Cash 2024 €28,837
Net result for the year +€8,900
Depreciation +€54,944
Receivables within one year +€4,707
Trade debts -€3,373
Tax, wage and social debts -€8,209
Other debts +€3,142
Accrued charges and deferred income +€1,050
Debts after one year -€86,520
Current portion of long-term debt +€1,161
Cash 2025 €4,639
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,571,670 €1,487,821 -€83,849 -5.3%
Fixed assets 21/28 €1,484,231 €1,429,287 -€54,944 -3.7%
Tangible fixed assets 22/27 €1,484,231 €1,429,287 -€54,944 -3.7%
Land and buildings 22 €1,483,815 €1,429,231 -€54,583 -3.7%
Furniture and vehicles 24 €417 €55 -€361 -86.7%
Current assets 29/58 €87,439 €58,534 -€28,904 -33.1%
Amounts receivable within one year 40/41 €58,602 €53,895 -€4,707 -8.0%
Trade receivables 40 €4,707 - -€4,707
Other amounts receivable 41 €53,895 €53,895 = 0.0%
Cash at bank and in hand 54/58 €28,837 €4,639 -€24,197 -83.9%
Total equity and liabilities 10/49 €1,571,670 €1,487,821 -€83,849 -5.3%
Equity 10/15 €192,094 €200,994 +€8,900 +4.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,860 €1,860 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €171,634 €180,534 +€8,900 +5.2%
Amounts payable 17/49 €1,379,575 €1,286,827 -€92,749 -6.7%
Amounts payable after more than one year 17 €1,211,566 €1,125,047 -€86,520 -7.1%
Financial debts 170/4 €1,211,566 €1,125,047 -€86,520 -7.1%
Amounts payable within one year 42/48 €168,009 €160,730 -€7,279 -4.3%
Current portion of amounts payable after more than one year 42 €85,359 €86,520 +€1,161 +1.4%
Trade debts 44 €6,788 €3,415 -€3,373 -49.7%
Suppliers 440/4 €6,788 €3,415 -€3,373 -49.7%
Taxes, remuneration and social security 45 €15,780 €7,571 -€8,209 -52.0%
Taxes 450/3 €15,780 €7,571 -€8,209 -52.0%
Other amounts payable 47/48 €60,083 €63,225 +€3,142 +5.2%
Accrued charges and deferred income 492/3 - €1,050 +€1,050
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €54,944 €54,944 = 0.0%
Other operating charges 640/8 €10,115 €10,427 +€312 +3.1%
Gross operating margin 9900 €101,775 €86,507 -€15,267 -15.0%
Operating profit (loss) 9901 €36,715 €21,136 -€15,579 -42.4%
Financial income 75/76B €0 €10 +€9 +94900.0%
Recurring financial income 75 €0 €10 +€9 +94900.0%
Financial charges 65/66B €12,345 €10,701 -€1,643 -13.3%
Recurring financial charges 65 €12,345 €10,701 -€1,643 -13.3%
Profit (loss) for the period before taxes 9903 €24,371 €10,444 -€13,927 -57.1%
Income taxes 67/77 - €1,544 +€1,544
Profit (loss) for the period 9904 €24,371 €8,900 -€15,471 -63.5%
Profit (loss) for the period to be appropriated 9905 €24,371 €8,900 -€15,471 -63.5%

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 28 September 2026 via checked.be.