StepFlows
Annual accounts 2025
abbreviated format, filed on 26-05-2026, 66 days before the deadlineThe turnover shown is an estimate from the gross margin.
Turnover ≈ €160,000. Estimated: probably between €110,000 and €280,000.
Balance sheet
balance sheet total €126,170 on 31-12-2025in euro
in euro
Position in the sector
38.2%
Higher than 43% of 3,407 companies in 2025.
1.50
Higher than 41% of 3,268 companies in 2025.
34.4%
Higher than 87% of 3,316 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||
20/58 |
126,170 | 166,430 | 155,577 | 125,792 | 91,257 | 162,098 | 108,924 | 294,561 | 204,754 | 126,394 | 84,530 | |
21/28 |
9,000 | 11,596 | 13,457 | 18,845 | 34,839 | 33,794 | 8,333 | 2,657 | 6,015 | 4,006 | 5,600 | |
22/27 |
9,000 | 11,596 | 13,457 | 18,845 | 34,839 | 33,794 | 8,333 | 2,657 | 6,015 | 4,006 | 5,600 | |
22 |
8,278 | 10,103 | 12,303 | 14,503 | 16,703 | 3,125 | - | 855 | 1,995 | 3,135 | 4,275 | |
23 |
722 | 1,493 | 1,154 | 2,163 | 1,650 | 1,028 | - | - | 416 | 871 | 1,325 | |
24 |
- | - | - | 2,179 | 16,486 | 29,641 | 8,333 | 1,802 | 3,604 | - | - | |
29/58 |
117,170 | 154,834 | 142,120 | 106,947 | 56,418 | 128,304 | 100,591 | 291,904 | 198,739 | 122,388 | 78,930 | |
29 |
30,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | |
291 |
30,000 | 30,000 | 30,000 | - | - | - | - | - | - | - | - | |
40/41 |
21,933 | 12,585 | 16,109 | 17,182 | 20,494 | 41,359 | 74,171 | 43,693 | 69,197 | 33,194 | 37,446 | |
40 |
21,933 | 12,217 | 16,109 | 17,182 | 20,494 | 31,359 | 59,171 | 43,693 | 69,197 | 31,842 | 33,348 | |
41 |
- | 368 | - | - | - | 10,000 | 15,000 | - | - | 1,352 | 4,098 | |
54/58 |
65,237 | 112,249 | 96,011 | 89,765 | 35,924 | 86,945 | 26,420 | 248,211 | 129,542 | 89,194 | 41,484 | |
| Balance sheet: equity and liabilities | ||||||||||||
10/49 |
126,170 | 166,430 | 155,577 | 125,792 | 91,257 | 162,098 | 108,924 | 294,561 | 204,754 | 126,394 | 84,530 | |
10/15 |
48,243 | 44,896 | 28,634 | 22,268 | 21,316 | 20,689 | 25,910 | 21,940 | 160,071 | 101,758 | 55,652 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,200 | 6,200 | 6,200 | |
13 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | |
14 |
27,783 | 24,436 | 8,174 | 1,808 | 856 | 229 | 5,450 | 1,480 | 145,811 | 87,498 | 41,392 | |
17/49 |
77,927 | 121,534 | 126,943 | 103,524 | 69,941 | 141,409 | 83,014 | 272,621 | 44,683 | 24,636 | 28,878 | |
17 |
- | - | - | - | 3,547 | 17,648 | - | - | - | - | - | |
170/4 |
- | - | - | - | 3,547 | 17,648 | - | - | - | - | - | |
42/48 |
77,927 | 121,534 | 126,943 | 103,524 | 66,394 | 123,761 | 83,014 | 272,621 | 44,683 | 24,636 | 28,878 | |
42 |
- | - | 1,718 | 3,547 | 14,102 | 13,966 | - | - | - | - | - | |
44 |
6,535 | 44,012 | 17,957 | 14,662 | 10,592 | 22,733 | 3,321 | 40,818 | 4,367 | 716 | 869 | |
440/4 |
6,535 | 44,012 | 17,957 | 14,662 | 10,592 | 22,733 | 3,321 | 40,818 | 4,367 | 716 | 869 | |
45 |
27,977 | 30,726 | 46,607 | 35,017 | 23,000 | 35,771 | 49,835 | 57,335 | 40,098 | 23,742 | 27,830 | |
450/3 |
27,977 | 26,279 | 39,948 | 33,092 | 23,000 | 32,915 | 49,835 | 48,631 | 38,098 | 23,742 | 26,430 | |
454/9 |
- | 4,447 | 6,659 | 1,925 | - | 2,856 | - | 8,704 | 2,000 | - | 1,400 | |
47/48 |
43,415 | 46,796 | 60,661 | 50,298 | 18,700 | 51,291 | 29,858 | 174,468 | 218 | 178 | 179 | |
| Income statement | ||||||||||||
76A |
- | 615 | - | - | 1,928 | 38 | 12,271 | 1,384 | 1,398 | - | - | |
9900 |
60,226 | 95,383 | 104,061 | 92,295 | 46,969 | 89,613 | 109,439 | 80,220 | 96,066 | 69,113 | 74,317 | |
630 |
2,596 | 3,049 | 5,446 | 17,308 | 15,011 | 13,784 | 5,022 | 3,358 | 3,396 | 1,594 | 1,463 | |
640/8 |
400 | 479 | 643 | 721 | 890 | 510 | 828 | 1,151 | 2,313 | 1,008 | 3,149 | |
9901 |
57,230 | 91,855 | 97,972 | 74,266 | 31,068 | 75,319 | 103,589 | 75,711 | 90,357 | 66,511 | 69,705 | |
75/76B |
- | - | - | - | 136 | - | 12,271 | 1,385 | 1,398 | 12 | 47 | |
75 |
- | - | - | - | 136 | - | - | 1 | - | 12 | 47 | |
76B |
- | - | - | - | - | - | 12,271 | 1,384 | 1,398 | - | - | |
65/66B |
104 | 104 | 235 | 241 | 1,983 | 606 | 72 | 66 | 280 | 12 | 69 | |
65 |
104 | 104 | 235 | 241 | 1,983 | 606 | 72 | 66 | 280 | 12 | 69 | |
9903 |
57,126 | 91,751 | 97,737 | 74,025 | 29,221 | 74,713 | 115,788 | 77,030 | 91,475 | 66,511 | 69,683 | |
67/77 |
13,779 | 25,489 | 21,371 | 15,073 | 6,594 | 16,434 | 26,818 | 16,361 | 33,162 | 20,405 | 26,431 | |
9904 |
43,347 | 66,262 | 76,366 | 58,952 | 22,627 | 58,279 | 88,970 | 60,669 | 58,313 | 46,106 | 43,252 | |
9905 |
43,347 | 66,262 | 76,366 | 58,952 | 22,627 | 58,279 | 88,970 | 60,669 | 58,313 | 46,106 | 43,252 | |
| Appropriation of the result | ||||||||||||
9906 |
67,783 | 74,436 | 78,174 | 59,808 | 22,856 | 63,729 | 90,450 | 206,480 | 145,811 | 87,498 | 43,252 | |
14P |
24,436 | 8,174 | 1,808 | 856 | 229 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | 1,860 | |
694/7 |
40,000 | 50,000 | 70,000 | 58,000 | 22,000 | 63,500 | 85,000 | 205,000 | - | - | - | |
694 |
40,000 | 50,000 | 70,000 | 58,000 | 22,000 | 63,500 | 85,000 | 205,000 | - | - | - | |
| Document | ||||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-05-2026 | 2026-00120865 | |
| 31-12-2024 | abbreviated format | 26-05-2025 | 2025-00107824 | |
| 31-12-2023 | abbreviated format | 30-05-2024 | 2024-00108438 | |
| 31-12-2022 | abbreviated format | 05-05-2023 | 2023-00082779 | |
| 31-12-2021 | abbreviated format | 16-07-2022 | 2022-20205852 | |
| 31-12-2020 | abbreviated format | 17-05-2021 | 2021-14400411 | |
| 31-12-2019 | abbreviated format | 17-04-2020 | 2020-09400279 | |
| 31-12-2018 | full format | 09-05-2019 | 2019-12700024 | |
| 31-12-2017 | full format | 02-06-2018 | 2018-15400351 | |
| 31-12-2016 | full format | 18-05-2017 | 2017-12300566 | |
| 31-12-2015 | full format | 18-03-2016 | 2016-06600382 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 59,826 | 94,904 | 103,418 | 91,574 | 46,079 | 89,103 | 108,611 | 79,069 | 93,753 | 68,105 | 71,168 | ||
| 45,943 | 69,311 | 81,812 | 76,260 | 37,638 | 72,063 | 93,992 | 64,027 | 61,709 | 47,700 | 44,715 | ||
| 0 | 1,130 | 58 | 1,314 | 16,056 | 39,245 | 10,698 | 0 | 5,405 | 0 | 7,063 | ||
| -47,012 | 16,238 | 6,246 | 53,841 | -51,021 | 60,525 | -221,791 | 118,669 | 40,348 | 47,710 | - | ||
| 39,243 | 33,300 | 15,177 | 3,423 | -9,976 | 4,543 | 17,577 | 19,283 | 154,056 | 97,752 | 50,052 | ||
| 38.2% | 27.0% | 18.4% | 17.7% | 23.4% | 12.8% | 23.8% | 7.4% | 78.2% | 80.5% | 65.8% | ||
| 1.50 | 1.27 | 1.12 | 1.03 | 0.85 | 1.04 | 1.21 | 1.07 | 4.45 | 4.97 | 2.73 | ||
| 1.62 | 2.71 | 4.43 | 4.65 | 3.28 | 6.83 | 3.20 | 12.43 | 0.28 | 0.24 | 0.52 | ||
| 89.9% | 147.6% | 266.7% | 264.7% | 106.2% | 281.7% | 343.4% | 276.5% | 36.4% | 45.3% | 77.7% | ||
| 34.4% | 39.8% | 49.1% | 46.9% | 24.8% | 36.0% | 81.7% | 20.6% | 28.5% | 36.5% | 51.2% | ||
| over 100 | over 100 | over 100 | over 100 | 23.24 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €1,130 | €58 | €1,314 | €16,056 |
| €2,596 | €3,049 | €5,446 | €17,308 | €15,011 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on StepFlows
The operating result for 2025 is 38% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total falls from 73.0% to 61.8%. Equity is higher and debt is lower.