STUYKA: what changed
Two fiscal 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.
STUYKA
Largest movements
- Receivables within one year -€41,054
down €41,054 (-79.4%), from €51,681 to €10,627
- Tangible fixed assets -€4,687
down €4,687 (-2.6%), from €177,061 to €172,373
- Trade debts -€106,253
down €106,253 (-95.6%), from €111,126 to €4,873
- Other debts +€71,002
up €71,002 (+182.7%), from €38,872 to €109,874
- Profit (loss) carried forward -€44,807
down €44,807 (-50.4%), from -€88,984 to -€133,791
- Debts after one year +€43,993
up €43,993 (+57.1%), from €76,994 to €120,987
- Current portion of long-term debt -€23,186
down €23,186 (-78.4%), from €29,591 to €6,404
- Gross operating margin -€17,942
down €17,942 (-407.7%), from -€4,401 to -€22,343
- Financial charges +€8,552
up €8,552 (+2511.5%), from €341 to €8,893
- Taxes -€3,737
down €3,737 (-36.9%), from €10,131 to €6,394
- Other operating charges +€1,468
up €1,468 (+143.8%), from €1,021 to €2,489
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 | €228,813 | €183,023 | -€45,789 | -20.0% |
| Fixed assets | 21/28 | €177,061 | €172,373 | -€4,687 | -2.6% |
| Tangible fixed assets | 22/27 | €177,061 | €172,373 | -€4,687 | -2.6% |
| Land and buildings | 22 | €177,061 | €172,373 | -€4,687 | -2.6% |
| Current assets | 29/58 | €51,752 | €10,650 | -€41,102 | -79.4% |
| Amounts receivable within one year | 40/41 | €51,681 | €10,627 | -€41,054 | -79.4% |
| Other amounts receivable | 41 | €51,681 | €10,627 | -€41,054 | -79.4% |
| Cash at bank and in hand | 54/58 | €71 | €22 | -€48 | -68.2% |
| Total equity and liabilities | 10/49 | €228,813 | €183,023 | -€45,789 | -20.0% |
| Equity | 10/15 | -€48,984 | -€93,791 | -€44,807 | -91.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,984 | -€133,791 | -€44,807 | -50.4% |
| Amounts payable | 17/49 | €277,797 | €276,814 | -€983 | -0.4% |
| Amounts payable after more than one year | 17 | €76,994 | €120,987 | +€43,993 | +57.1% |
| Financial debts | 170/4 | €76,994 | €120,987 | +€43,993 | +57.1% |
| Amounts payable within one year | 42/48 | €200,803 | €155,827 | -€44,976 | -22.4% |
| Current portion of amounts payable after more than one year | 42 | €29,591 | €6,404 | -€23,186 | -78.4% |
| Trade debts | 44 | €111,126 | €4,873 | -€106,253 | -95.6% |
| Suppliers | 440/4 | €111,126 | €4,873 | -€106,253 | -95.6% |
| Taxes, remuneration and social security | 45 | €21,214 | €34,675 | +€13,461 | +63.5% |
| Taxes | 450/3 | €21,214 | €34,675 | +€13,461 | +63.5% |
| Other amounts payable | 47/48 | €38,872 | €109,874 | +€71,002 | +182.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,687 | €4,687 | = | 0.0% |
| Other operating charges | 640/8 | €1,021 | €2,489 | +€1,468 | +143.8% |
| Gross operating margin | 9900 | -€4,401 | -€22,343 | -€17,942 | -407.7% |
| Operating profit (loss) | 9901 | -€10,110 | -€29,520 | -€19,410 | -192.0% |
| Financial charges | 65/66B | €341 | €8,893 | +€8,552 | +2511.5% |
| Recurring financial charges | 65 | €341 | €8,893 | +€8,552 | +2511.5% |
| Profit (loss) for the period before taxes | 9903 | -€10,450 | -€38,413 | -€27,962 | -267.6% |
| Income taxes | 67/77 | €10,131 | €6,394 | -€3,737 | -36.9% |
| Profit (loss) for the period | 9904 | -€20,581 | -€44,807 | -€24,226 | -117.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,581 | -€44,807 | -€24,226 | -117.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.