AVOCAT STEENHAUT: what changed
AVOCAT STEENHAUT
Largest movements
- Cash -€70,107
down €70,107 (-34.4%), from €204,090 to €133,983
mainly Other debts (-€92,593) and Debts after one year (-€18,923)
- Receivables within one year +€18,451
up €18,451 (+174%), from €10,596 to €29,047
of which Other amounts receivable: +€10,557
- Intangible fixed assets -€15,000
down €15,000 (-21.4%), from €69,986 to €54,986
- Other debts -€92,593
down €92,593 (-99.6%), from €93,000 to €407
- Reserves +€46,000
up €46,000 (+51.1%), from €90,000 to €136,000
- Debts after one year -€18,923
down €18,923 (-24.6%), from €76,879 to €57,956
- Tax, wage and social debts -€15,016
down €15,016 (-73.2%), from €20,517 to €5,500
of which Taxes: -€15,655
- Trade debts +€10,276
up €10,276 (+164%), from €6,251 to €16,526
- Gross operating margin -€44,828
down €44,828 (-25.5%), from €175,484 to €130,656
- Staff costs +€10,395
up €10,395 (+37.2%), from €27,950 to €38,345
- Taxes -€8,622
down €8,622 (-33.0%), from €26,115 to €17,493
- Other operating charges -€2,654
down €2,654 (-66.7%), from €3,978 to €1,325
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,330 | €239,917 | -€69,413 | -22.4% |
| Fixed assets | 21/28 | €91,170 | €73,624 | -€17,546 | -19.2% |
| Intangible fixed assets | 21 | €69,986 | €54,986 | -€15,000 | -21.4% |
| Tangible fixed assets | 22/27 | €21,184 | €18,638 | -€2,546 | -12.0% |
| Furniture and vehicles | 24 | €16,459 | €13,040 | -€3,420 | -20.8% |
| Other tangible fixed assets | 26 | €4,725 | €5,598 | +€873 | +18.5% |
| Current assets | 29/58 | €218,160 | €166,294 | -€51,867 | -23.8% |
| Amounts receivable within one year | 40/41 | €10,596 | €29,047 | +€18,451 | +174% |
| Trade receivables | 40 | €4,234 | €12,128 | +€7,894 | +186% |
| Other amounts receivable | 41 | €6,362 | €16,919 | +€10,557 | +166% |
| Cash at bank and in hand | 54/58 | €204,090 | €133,983 | -€70,107 | -34.4% |
| Deferred charges and accrued income | 490/1 | €3,475 | €3,264 | -€210 | -6.1% |
| Total equity and liabilities | 10/49 | €309,330 | €239,917 | -€69,413 | -22.4% |
| Equity | 10/15 | €94,166 | €140,606 | +€46,440 | +49.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €90,000 | €136,000 | +€46,000 | +51.1% |
| Distributable reserves | 133 | €90,000 | €136,000 | +€46,000 | +51.1% |
| Profit (loss) carried forward | 14 | €166 | €606 | +€440 | +265% |
| Amounts payable | 17/49 | €215,165 | €99,312 | -€115,853 | -53.8% |
| Amounts payable after more than one year | 17 | €76,879 | €57,956 | -€18,923 | -24.6% |
| Financial debts | 170/4 | €76,879 | €57,956 | -€18,923 | -24.6% |
| Amounts payable within one year | 42/48 | €138,286 | €41,356 | -€96,930 | -70.1% |
| Current portion of amounts payable after more than one year | 42 | €18,519 | €18,923 | +€404 | +2.2% |
| Trade debts | 44 | €6,251 | €16,526 | +€10,276 | +164% |
| Suppliers | 440/4 | €6,251 | €16,526 | +€10,276 | +164% |
| Taxes, remuneration and social security | 45 | €20,517 | €5,500 | -€15,016 | -73.2% |
| Taxes | 450/3 | €15,712 | €57 | -€15,655 | -99.6% |
| Remuneration and social security | 454/9 | €4,805 | €5,444 | +€639 | +13.3% |
| Other amounts payable | 47/48 | €93,000 | €407 | -€92,593 | -99.6% |
| Remuneration, social security and pensions | 62 | €27,950 | €38,345 | +€10,395 | +37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,400 | €24,002 | +€1,602 | +7.2% |
| Other operating charges | 640/8 | €3,978 | €1,325 | -€2,654 | -66.7% |
| Gross operating margin | 9900 | €175,484 | €130,656 | -€44,828 | -25.5% |
| Operating profit (loss) | 9901 | €121,155 | €66,984 | -€54,171 | -44.7% |
| Financial income | 75/76B | €133 | €3 | -€130 | -97.7% |
| Recurring financial income | 75 | €133 | €3 | -€130 | -97.7% |
| Financial charges | 65/66B | €3,292 | €3,054 | -€237 | -7.2% |
| Recurring financial charges | 65 | €3,292 | €3,054 | -€237 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €117,997 | €63,933 | -€54,063 | -45.8% |
| Income taxes | 67/77 | €26,115 | €17,493 | -€8,622 | -33.0% |
| Profit (loss) for the period | 9904 | €91,881 | €46,440 | -€45,441 | -49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €91,881 | €46,440 | -€45,441 | -49.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.