Stitchly: 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.
Stitchly
Largest movements
- Tangible fixed assets -€22,959
down €22,959 (-10.6%), from €216,562 to €193,603
- Receivables within one year +€15,908
up €15,908 (+27.3%), from €58,164 to €74,071
of which Other amounts receivable: +€13,096
- Stocks and contracts +€13,079
up €13,079 (+96.4%), from €13,571 to €26,650
- Deferred charges and accrued income +€3,715
up €3,715 (+870.5%), from €427 to €4,142
- Debts after one year +€10,479
up €10,479 (+6.1%), from €171,849 to €182,329
- Trade debts +€5,351
up €5,351 (+42.3%), from €12,662 to €18,013
- Tax, wage and social debts -€4,691
down €4,691 (-43.5%), from €10,795 to €6,104
- Gross operating margin -€166,348
down €166,348 (-81.4%), from €204,290 to €37,942
- Taxes -€28,659
down €28,659 (-97.0%), from €29,557 to €898
- Staff costs -€13,440
down €13,440 (-99.0%), from €13,570 to €130
- Depreciation -€11,510
down €11,510 (-31.3%), from €36,734 to €25,224
- Financial charges -€7,584
down €7,584 (-39.8%), from €19,062 to €11,478
of which Financial charges: -€7,584
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 | €318,808 | €332,051 | +€13,243 | +4.2% |
| Fixed assets | 21/28 | €220,975 | €199,956 | -€21,019 | -9.5% |
| Intangible fixed assets | 21 | €4,413 | €6,353 | +€1,940 | +44.0% |
| Tangible fixed assets | 22/27 | €216,562 | €193,603 | -€22,959 | -10.6% |
| Land and buildings | 22 | €171,271 | €163,724 | -€7,546 | -4.4% |
| Plant, machinery and equipment | 23 | €25,737 | €15,960 | -€9,777 | -38.0% |
| Furniture and vehicles | 24 | €4,830 | €3,505 | -€1,324 | -27.4% |
| Leasing and similar rights | 25 | €14,725 | €10,414 | -€4,311 | -29.3% |
| Current assets | 29/58 | €97,833 | €132,095 | +€34,262 | +35.0% |
| Stocks and contracts in progress | 3 | €13,571 | €26,650 | +€13,079 | +96.4% |
| Stocks | 30/36 | €13,571 | €26,650 | +€13,079 | +96.4% |
| Amounts receivable within one year | 40/41 | €58,164 | €74,071 | +€15,908 | +27.3% |
| Trade receivables | 40 | €6,557 | €9,368 | +€2,812 | +42.9% |
| Other amounts receivable | 41 | €51,607 | €64,703 | +€13,096 | +25.4% |
| Cash at bank and in hand | 54/58 | €25,672 | €27,232 | +€1,561 | +6.1% |
| Deferred charges and accrued income | 490/1 | €427 | €4,142 | +€3,715 | +870.5% |
| Total equity and liabilities | 10/49 | €318,808 | €332,051 | +€13,243 | +4.2% |
| Equity | 10/15 | €109,600 | €111,085 | +€1,485 | +1.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €104,600 | €106,085 | +€1,485 | +1.4% |
| Distributable reserves | 133 | €104,600 | €106,085 | +€1,485 | +1.4% |
| Amounts payable | 17/49 | €209,208 | €220,966 | +€11,758 | +5.6% |
| Amounts payable after more than one year | 17 | €171,849 | €182,329 | +€10,479 | +6.1% |
| Financial debts | 170/4 | €171,849 | €182,329 | +€10,479 | +6.1% |
| Amounts payable within one year | 42/48 | €37,359 | €38,637 | +€1,278 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €13,902 | €14,521 | +€619 | +4.4% |
| Trade debts | 44 | €12,662 | €18,013 | +€5,351 | +42.3% |
| Suppliers | 440/4 | €12,662 | €18,013 | +€5,351 | +42.3% |
| Taxes, remuneration and social security | 45 | €10,795 | €6,104 | -€4,691 | -43.5% |
| Taxes | 450/3 | €10,795 | €6,104 | -€4,691 | -43.5% |
| Remuneration, social security and pensions | 62 | €13,570 | €130 | -€13,440 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,734 | €25,224 | -€11,510 | -31.3% |
| Other operating charges | 640/8 | €2,388 | €1,587 | -€801 | -33.5% |
| Non-recurring operating charges | 66A | €937 | - | -€937 | |
| Gross operating margin | 9900 | €204,290 | €37,942 | -€166,348 | -81.4% |
| Operating profit (loss) | 9901 | €150,660 | €11,001 | -€139,659 | -92.7% |
| Financial income | 75/76B | €2,559 | €2,860 | +€301 | +11.8% |
| Recurring financial income | 75 | €2,559 | €2,860 | +€301 | +11.8% |
| Financial charges | 65/66B | €19,062 | €11,478 | -€7,584 | -39.8% |
| Recurring financial charges | 65 | €19,062 | €11,478 | -€7,584 | -39.8% |
| Non-recurring financial charges | 66B | - | €0 | = | |
| Profit (loss) for the period before taxes | 9903 | €134,157 | €2,383 | -€131,774 | -98.2% |
| Income taxes | 67/77 | €29,557 | €898 | -€28,659 | -97.0% |
| Profit (loss) for the period | 9904 | €104,600 | €1,485 | -€103,115 | -98.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,600 | €1,485 | -€103,115 | -98.6% |
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.