STUMIKO: 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.
STUMIKO
Largest movements
- Receivables within one year -€10,900
down €10,900 (-60.1%), from €18,131 to €7,231
of which Trade receivables: -€10,527
- Cash +€9,771
up €9,771 (+192.0%), from €5,089 to €14,860
mainly Receivables within one year (+€10,900) and Depreciation (+€5,283)
- Tangible fixed assets -€3,755
down €3,755 (-26.1%), from €14,363 to €10,608
of which Furniture and vehicles: -€3,663
- Deferred charges and accrued income -€737
down €737 (-30.8%), from €2,393 to €1,656
- Profit (loss) carried forward -€1,971
down €1,971 (-39.3%), from -€5,011 to -€6,981
- Debts after one year -€1,667
down €1,667 (-65.8%), from €2,534 to €867
- Trade debts -€1,165
down €1,165 (-57.3%), from €2,032 to €867
- Accrued charges and deferred income -€839
down €839 (-42.6%), from €1,972 to €1,133
- Gross operating margin -€5,677
down €5,677 (-44.1%), from €12,862 to €7,185
- Depreciation -€1,690
down €1,690 (-24.2%), from €6,973 to €5,283
- Financial charges +€679
up €679 (+34.1%), from €1,990 to €2,668
- Other operating charges -€168
down €168 (-14.1%), from €1,187 to €1,019
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 | €39,976 | €34,355 | -€5,621 | -14.1% |
| Fixed assets | 21/28 | €14,363 | €10,608 | -€3,755 | -26.1% |
| Tangible fixed assets | 22/27 | €14,363 | €10,608 | -€3,755 | -26.1% |
| Land and buildings | 22 | - | €1,726 | +€1,726 | |
| Plant, machinery and equipment | 23 | €8,479 | €6,661 | -€1,818 | -21.4% |
| Furniture and vehicles | 24 | €5,884 | €2,222 | -€3,663 | -62.2% |
| Current assets | 29/58 | €25,613 | €23,747 | -€1,866 | -7.3% |
| Amounts receivable within one year | 40/41 | €18,131 | €7,231 | -€10,900 | -60.1% |
| Trade receivables | 40 | €17,158 | €6,631 | -€10,527 | -61.4% |
| Other amounts receivable | 41 | €973 | €600 | -€373 | -38.3% |
| Cash at bank and in hand | 54/58 | €5,089 | €14,860 | +€9,771 | +192.0% |
| Deferred charges and accrued income | 490/1 | €2,393 | €1,656 | -€737 | -30.8% |
| Total equity and liabilities | 10/49 | €39,976 | €34,355 | -€5,621 | -14.1% |
| Equity | 10/15 | €13,049 | €11,079 | -€1,971 | -15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,860 | €11,860 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €11,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,011 | -€6,981 | -€1,971 | -39.3% |
| Amounts payable | 17/49 | €26,927 | €23,276 | -€3,650 | -13.6% |
| Amounts payable after more than one year | 17 | €2,534 | €867 | -€1,667 | -65.8% |
| Financial debts | 170/4 | €2,534 | €867 | -€1,667 | -65.8% |
| Amounts payable within one year | 42/48 | €22,420 | €21,276 | -€1,144 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €1,581 | €1,667 | +€86 | +5.4% |
| Trade debts | 44 | €2,032 | €867 | -€1,165 | -57.3% |
| Suppliers | 440/4 | €2,032 | €867 | -€1,165 | -57.3% |
| Taxes, remuneration and social security | 45 | €2,769 | €2,771 | +€2 | +0.1% |
| Taxes | 450/3 | €2,769 | €2,771 | +€2 | +0.1% |
| Other amounts payable | 47/48 | €16,037 | €15,970 | -€67 | -0.4% |
| Accrued charges and deferred income | 492/3 | €1,972 | €1,133 | -€839 | -42.6% |
| Non-recurring operating income | 76A | - | €6,770 | +€6,770 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,973 | €5,283 | -€1,690 | -24.2% |
| Other operating charges | 640/8 | €1,187 | €1,019 | -€168 | -14.1% |
| Gross operating margin | 9900 | €12,862 | €7,185 | -€5,677 | -44.1% |
| Operating profit (loss) | 9901 | €4,702 | €883 | -€3,819 | -81.2% |
| Financial income | 75/76B | €12 | €4 | -€9 | -71.0% |
| Recurring financial income | 75 | €12 | €4 | -€9 | -71.0% |
| Financial charges | 65/66B | €1,990 | €2,668 | +€679 | +34.1% |
| Recurring financial charges | 65 | €1,990 | €2,668 | +€679 | +34.1% |
| Profit (loss) for the period before taxes | 9903 | €2,724 | -€1,782 | -€4,506 | |
| Income taxes | 67/77 | €182 | €189 | +€6 | +3.5% |
| Profit (loss) for the period | 9904 | €2,542 | -€1,971 | -€4,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,542 | -€1,971 | -€4,513 |
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 9 October 2026 via checked.be.