STIRYO: 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.
STIRYO
Largest movements
- Cash +€39,831
up €39,831 (+26.7%), from €148,941 to €188,771
mainly Net result for the year (+€90,116) and Other debts (+€68,695)
- Tangible fixed assets -€15,141
down €15,141 (-4.4%), from €341,234 to €326,093
of which Land and buildings: -€14,000
- Receivables within one year +€14,651
up €14,651 (+90.3%), from €16,223 to €30,874
of which Trade receivables: +€15,208
- Other debts +€68,695
up €68,695 (+457.9%), from €15,002 to €83,697
- Reserves +€66,727
up €66,727 (+34.9%), from €191,432 to €258,158
- Profit (loss) carried forward -€56,435
no longer reported in 2025 (was €56,435)
- Tax, wage and social debts -€21,608
down €21,608 (-66.5%), from €32,475 to €10,868
- Debts after one year -€17,667
down €17,667 (-9.4%), from €187,000 to €169,333
- Depreciation -€58,731
down €58,731 (-79.5%), from €73,872 to €15,141
- Taxes +€16,242
up €16,242 (+159.9%), from €10,157 to €26,399
- Gross operating margin +€10,728
up €10,728 (+8.2%), from €130,097 to €140,825
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 | €507,281 | €546,955 | +€39,674 | +7.8% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €341,234 | €326,093 | -€15,141 | -4.4% |
| Tangible fixed assets | 22/27 | €341,234 | €326,093 | -€15,141 | -4.4% |
| Land and buildings | 22 | €340,093 | €326,093 | -€14,000 | -4.1% |
| Furniture and vehicles | 24 | €1,141 | €0 | -€1,141 | -100.0% |
| Current assets | 29/58 | €166,047 | €220,862 | +€54,815 | +33.0% |
| Amounts receivable within one year | 40/41 | €16,223 | €30,874 | +€14,651 | +90.3% |
| Trade receivables | 40 | €15,666 | €30,874 | +€15,208 | +97.1% |
| Other amounts receivable | 41 | €556 | - | -€556 | |
| Cash at bank and in hand | 54/58 | €148,941 | €188,771 | +€39,831 | +26.7% |
| Deferred charges and accrued income | 490/1 | €884 | €1,217 | +€333 | +37.7% |
| Total equity and liabilities | 10/49 | €507,281 | €546,955 | +€39,674 | +7.8% |
| Equity | 10/15 | €252,866 | €263,158 | +€10,292 | +4.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €191,432 | €258,158 | +€66,727 | +34.9% |
| Distributable reserves | 133 | €191,432 | €258,158 | +€66,727 | +34.9% |
| Profit (loss) carried forward | 14 | €56,435 | - | -€56,435 | |
| Amounts payable | 17/49 | €254,415 | €283,797 | +€29,382 | +11.5% |
| Amounts payable after more than one year | 17 | €187,000 | €169,333 | -€17,667 | -9.4% |
| Financial debts | 170/4 | €187,000 | €169,333 | -€17,667 | -9.4% |
| Amounts payable within one year | 42/48 | €65,676 | €113,018 | +€47,343 | +72.1% |
| Current portion of amounts payable after more than one year | 42 | €17,667 | €17,667 | = | 0.0% |
| Trade debts | 44 | €532 | €787 | +€255 | +47.9% |
| Suppliers | 440/4 | €532 | €787 | +€255 | +47.9% |
| Taxes, remuneration and social security | 45 | €32,475 | €10,868 | -€21,608 | -66.5% |
| Taxes | 450/3 | €32,475 | €10,868 | -€21,608 | -66.5% |
| Other amounts payable | 47/48 | €15,002 | €83,697 | +€68,695 | +457.9% |
| Accrued charges and deferred income | 492/3 | €1,740 | €1,446 | -€294 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,872 | €15,141 | -€58,731 | -79.5% |
| Other operating charges | 640/8 | €1,262 | €1,726 | +€464 | +36.8% |
| Gross operating margin | 9900 | €130,097 | €140,825 | +€10,728 | +8.2% |
| Operating profit (loss) | 9901 | €54,964 | €123,958 | +€68,995 | +125.5% |
| Financial income | 75/76B | €2,380 | €2,215 | -€165 | -6.9% |
| Recurring financial income | 75 | €2,380 | €2,215 | -€165 | -6.9% |
| Financial charges | 65/66B | €8,299 | €9,658 | +€1,360 | +16.4% |
| Recurring financial charges | 65 | €8,299 | €9,658 | +€1,360 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €49,045 | €116,515 | +€67,470 | +137.6% |
| Income taxes | 67/77 | €10,157 | €26,399 | +€16,242 | +159.9% |
| Profit (loss) for the period | 9904 | €38,887 | €90,116 | +€51,228 | +131.7% |
| Profit (loss) for the period to be appropriated | 9905 | €38,887 | €90,116 | +€51,228 | +131.7% |
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 12 October 2026 via checked.be.