Stitch & Co: 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 & Co
Largest movements
- Stocks and contracts -€9,660
down €9,660 (-12.4%), from €78,002 to €68,342
- Tangible fixed assets -€1,090
down €1,090 (-28.9%), from €3,777 to €2,687
of which Plant, machinery and equipment: -€599
- Deferred charges and accrued income +€1,029
up €1,029 (+1,311%), from €78 to €1,107
- Trade debts -€4,988
down €4,988 (-93.0%), from €5,365 to €377
- Reserves -€2,814
down €2,814 (-9.3%), from €30,261 to €27,447
of which Distributable reserves: -€2,814
- Advances received -€2,378
down €2,378 (-47.7%), from €4,984 to €2,606
- Gross operating margin -€4,313
down €4,313 (-99.1%), from €4,354 to €41
- Other operating charges -€573
down €573 (-47.1%), from €1,217 to €645
- Taxes -€433
down €433, from €299 to -€133
- Financial income -€216
down €216 (-94.9%), from €227 to €12
- Staff costs -€206
down €206 (-22.8%), from €905 to €698
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 | €89,976 | €79,087 | -€10,889 | -12.1% |
| Fixed assets | 21/28 | €3,777 | €2,687 | -€1,090 | -28.9% |
| Tangible fixed assets | 22/27 | €3,777 | €2,687 | -€1,090 | -28.9% |
| Plant, machinery and equipment | 23 | €2,187 | €1,587 | -€599 | -27.4% |
| Furniture and vehicles | 24 | €1,591 | €1,100 | -€491 | -30.9% |
| Current assets | 29/58 | €86,198 | €76,400 | -€9,799 | -11.4% |
| Stocks and contracts in progress | 3 | €78,002 | €68,342 | -€9,660 | -12.4% |
| Stocks | 30/36 | €78,002 | €68,342 | -€9,660 | -12.4% |
| Amounts receivable within one year | 40/41 | €568 | €47 | -€521 | -91.8% |
| Trade receivables | 40 | €561 | €36 | -€525 | -93.5% |
| Other amounts receivable | 41 | €7 | €11 | +€4 | +50.4% |
| Cash at bank and in hand | 54/58 | €7,550 | €6,903 | -€646 | -8.6% |
| Deferred charges and accrued income | 490/1 | €78 | €1,107 | +€1,029 | +1,311% |
| Total equity and liabilities | 10/49 | €89,976 | €79,087 | -€10,889 | -12.1% |
| Equity | 10/15 | €60,615 | €57,801 | -€2,814 | -4.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €30,261 | €27,447 | -€2,814 | -9.3% |
| Tax-exempt reserves | 132 | €208 | €208 | = | 0.0% |
| Distributable reserves | 133 | €30,054 | €27,239 | -€2,814 | -9.4% |
| Profit (loss) carried forward | 14 | €5,354 | €5,354 | = | 0.0% |
| Amounts payable | 17/49 | €29,360 | €21,286 | -€8,074 | -27.5% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Other amounts payable | 178/9 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,282 | €6,286 | -€7,996 | -56.0% |
| Trade debts | 44 | €5,365 | €377 | -€4,988 | -93.0% |
| Suppliers | 440/4 | €5,365 | €377 | -€4,988 | -93.0% |
| Advances received on contracts in progress | 46 | €4,984 | €2,606 | -€2,378 | -47.7% |
| Taxes, remuneration and social security | 45 | €1,811 | €1,466 | -€344 | -19.0% |
| Taxes | 450/3 | €1,811 | €1,466 | -€344 | -19.0% |
| Other amounts payable | 47/48 | €2,123 | €1,837 | -€286 | -13.5% |
| Accrued charges and deferred income | 492/3 | €79 | - | -€79 | |
| Remuneration, social security and pensions | 62 | €905 | €698 | -€206 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,066 | €1,090 | +€24 | +2.2% |
| Other operating charges | 640/8 | €1,217 | €645 | -€573 | -47.1% |
| Gross operating margin | 9900 | €4,354 | €41 | -€4,313 | -99.1% |
| Operating profit (loss) | 9901 | €1,166 | -€2,392 | -€3,557 | |
| Financial income | 75/76B | €227 | €12 | -€216 | -94.9% |
| Recurring financial income | 75 | €227 | €12 | -€216 | -94.9% |
| Financial charges | 65/66B | €389 | €567 | +€179 | +45.9% |
| Recurring financial charges | 65 | €389 | €567 | +€179 | +45.9% |
| Profit (loss) for the period before taxes | 9903 | €1,004 | -€2,948 | -€3,951 | |
| Income taxes | 67/77 | €299 | -€133 | -€433 | |
| Profit (loss) for the period | 9904 | €704 | -€2,814 | -€3,519 | |
| Profit (loss) for the period to be appropriated | 9905 | €704 | -€2,814 | -€3,519 |
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 17 October 2026 via checked.be.