Stitch: 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.
Stitch
Largest movements
- Cash -€21,847
down €21,847 (-57.7%), from €37,851 to €16,004
mainly Net result for the year (-€30,682) and Tax, wage and social debts (-€15,472)
- Receivables within one year -€11,681
down €11,681 (-95.4%), from €12,249 to €568
- Profit (loss) carried forward -€30,682
down €30,682, from €9,804 to -€20,878
- Tax, wage and social debts -€15,472
down €15,472 (-88.4%), from €17,511 to €2,040
of which Taxes: -€10,072
- Other debts +€10,677
up €10,677 (+210.0%), from €5,085 to €15,762
- Trade debts +€1,948
up €1,948 (+25.3%), from €7,700 to €9,648
- Gross operating margin -€66,760
down €66,760, from €38,655 to -€28,105
- Financial charges -€29,705
down €29,705 (-96.4%), from €30,820 to €1,116
- Depreciation -€2,405
no longer reported in 2025 (was €2,405)
- Financial income -€1,939
down €1,939 (-99.8%), from €1,943 to €4
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 | €50,100 | €16,572 | -€33,528 | -66.9% |
| Current assets | 29/58 | €50,100 | €16,572 | -€33,528 | -66.9% |
| Amounts receivable within one year | 40/41 | €12,249 | €568 | -€11,681 | -95.4% |
| Trade receivables | 40 | €12,249 | €568 | -€11,681 | -95.4% |
| Cash at bank and in hand | 54/58 | €37,851 | €16,004 | -€21,847 | -57.7% |
| Total equity and liabilities | 10/49 | €50,100 | €16,572 | -€33,528 | -66.9% |
| Equity | 10/15 | €19,804 | -€10,878 | -€30,682 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,804 | -€20,878 | -€30,682 | |
| Amounts payable | 17/49 | €30,296 | €27,449 | -€2,847 | -9.4% |
| Amounts payable within one year | 42/48 | €30,296 | €27,449 | -€2,847 | -9.4% |
| Trade debts | 44 | €7,700 | €9,648 | +€1,948 | +25.3% |
| Suppliers | 440/4 | €7,700 | €9,648 | +€1,948 | +25.3% |
| Taxes, remuneration and social security | 45 | €17,511 | €2,040 | -€15,472 | -88.4% |
| Taxes | 450/3 | €12,111 | €2,040 | -€10,072 | -83.2% |
| Remuneration and social security | 454/9 | €5,400 | - | -€5,400 | |
| Other amounts payable | 47/48 | €5,085 | €15,762 | +€10,677 | +210.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,405 | - | -€2,405 | |
| Other operating charges | 640/8 | €505 | €240 | -€265 | -52.5% |
| Gross operating margin | 9900 | €38,655 | -€28,105 | -€66,760 | |
| Operating profit (loss) | 9901 | €35,745 | -€28,345 | -€64,090 | |
| Financial income | 75/76B | €1,943 | €4 | -€1,939 | -99.8% |
| Recurring financial income | 75 | €1,943 | €4 | -€1,939 | -99.8% |
| Financial charges | 65/66B | €30,820 | €1,116 | -€29,705 | -96.4% |
| Recurring financial charges | 65 | €30,820 | €1,116 | -€29,705 | -96.4% |
| Profit (loss) for the period before taxes | 9903 | €6,868 | -€29,456 | -€36,324 | |
| Income taxes | 67/77 | €1,400 | €1,226 | -€174 | -12.4% |
| Profit (loss) for the period | 9904 | €5,468 | -€30,682 | -€36,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,468 | -€30,682 | -€36,150 |
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.