STYNGO: 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.
What changed
STYNGO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€8,173
2024 · -€2,445+€10,618
Equity
€66,811
2024 · €58,638+€8,173
Cash
€6,064
2024 · €3,932+€2,131
Balance sheet total
€728,835
2024 · €757,566-€28,731
Largest movements
Assets
- Tangible fixed assets -€29,787
down €29,787 (-4.0%), from €746,848 to €717,061
of which Land and buildings: -€29,429
Equity and liabilities
- Debts after one year -€32,552
down €32,552 (-5.3%), from €609,822 to €577,270
Income statement
- Gross operating margin +€13,031
up €13,031 (+29.3%), from €44,546 to €57,578
- Taxes +€2,837
up €2,837, from €0 to €2,837
- Financial charges -€783
down €783 (-5.2%), from €15,005 to €14,222
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.
Result 2024
-€2,445
Gross operating margin
+€13,031
Depreciation
-€285
Other operating charges
-€77
Financial income
+€3
Financial charges
+€783
Taxes
-€2,837
Result 2025
€8,173
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.
From operations
+€34,196
Investment
€0
Financing
-€32,065
Cash 2024
€3,932
From operations (derived)
+€34,196
Net result for the year
+€8,173
Depreciation
+€29,787
Receivables within one year
+€1,139
Deferred charges and accrued income
-€64
Trade debts
-€288
Tax, wage and social debts
-€2,795
Other debts
-€6,429
Accrued charges and deferred income
+€4,673
Financing
-€32,065
Debts after one year
-€32,552
Current portion of long-term debt
+€487
Cash 2025
€6,064
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €757,566 | €728,835 | -€28,731 | -3.8% |
| Fixed assets | 21/28 | €746,848 | €717,061 | -€29,787 | -4.0% |
| Tangible fixed assets | 22/27 | €746,848 | €717,061 | -€29,787 | -4.0% |
| Land and buildings | 22 | €745,131 | €715,702 | -€29,429 | -3.9% |
| Plant, machinery and equipment | 23 | €1,717 | €1,359 | -€358 | -20.9% |
| Current assets | 29/58 | €10,718 | €11,775 | +€1,056 | +9.9% |
| Amounts receivable within one year | 40/41 | €5,505 | €4,366 | -€1,139 | -20.7% |
| Trade receivables | 40 | €1,200 | €929 | -€271 | -22.6% |
| Other amounts receivable | 41 | €4,305 | €3,437 | -€868 | -20.2% |
| Cash at bank and in hand | 54/58 | €3,932 | €6,064 | +€2,131 | +54.2% |
| Deferred charges and accrued income | 490/1 | €1,281 | €1,345 | +€64 | +5.0% |
| Total equity and liabilities | 10/49 | €757,566 | €728,835 | -€28,731 | -3.8% |
| Equity | 10/15 | €58,638 | €66,811 | +€8,173 | +13.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €46,084 | €51,811 | +€5,728 | +12.4% |
| Distributable reserves | 133 | €46,084 | €51,811 | +€5,728 | +12.4% |
| Profit (loss) carried forward | 14 | -€2,445 | €0 | +€2,445 | |
| Amounts payable | 17/49 | €698,928 | €662,024 | -€36,904 | -5.3% |
| Amounts payable after more than one year | 17 | €609,822 | €577,270 | -€32,552 | -5.3% |
| Financial debts | 170/4 | €609,822 | €577,270 | -€32,552 | -5.3% |
| Amounts payable within one year | 42/48 | €84,033 | €75,009 | -€9,024 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €32,065 | €32,552 | +€487 | +1.5% |
| Trade debts | 44 | €1,838 | €1,550 | -€288 | -15.6% |
| Suppliers | 440/4 | €1,838 | €1,550 | -€288 | -15.6% |
| Taxes, remuneration and social security | 45 | €2,795 | €0 | -€2,795 | -100.0% |
| Taxes | 450/3 | €2,795 | €0 | -€2,795 | -100.0% |
| Other amounts payable | 47/48 | €47,336 | €40,906 | -€6,429 | -13.6% |
| Accrued charges and deferred income | 492/3 | €5,073 | €9,745 | +€4,673 | +92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,502 | €29,787 | +€285 | +1.0% |
| Other operating charges | 640/8 | €2,485 | €2,562 | +€77 | +3.1% |
| Gross operating margin | 9900 | €44,546 | €57,578 | +€13,031 | +29.3% |
| Operating profit (loss) | 9901 | €12,559 | €25,228 | +€12,669 | +100.9% |
| Financial income | 75/76B | €0 | €3 | +€3 | |
| Recurring financial income | 75 | €0 | €3 | +€3 | |
| Financial charges | 65/66B | €15,005 | €14,222 | -€783 | -5.2% |
| Recurring financial charges | 65 | €15,005 | €14,222 | -€783 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,445 | €11,010 | +€13,455 | |
| Income taxes | 67/77 | €0 | €2,837 | +€2,837 | |
| Profit (loss) for the period | 9904 | -€2,445 | €8,173 | +€10,618 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,445 | €8,173 | +€10,618 |
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 29 September 2026 via checked.be.