Block Stéphane: what changed
Block Stéphane
Largest movements
- Tangible fixed assets +€30,572
up €30,572 (+351%), from €8,705 to €39,276
of which Furniture and vehicles: +€28,308
- Cash -€10,211
down €10,211 (-93.6%), from €10,915 to €704
mainly Investment in fixed assets (net) (-€39,775) and Receivables within one year (-€9,653)
- Receivables within one year +€9,653
up €9,653 (+54.8%), from €17,605 to €27,259
of which Other amounts receivable: +€5,558
- Deferred charges and accrued income +€5,690
up €5,690 (+388%), from €1,466 to €7,156
- Debts after one year +€32,526
up €32,526, from €0 to €32,526
- Reserves +€2,986
up €2,986 (+14.3%), from €20,867 to €23,853
- Tax, wage and social debts -€2,227
down €2,227 (-43.1%), from €5,162 to €2,935
of which Taxes: -€3,227
- Trade debts +€1,824
up €1,824 (+501%), from €364 to €2,188
- Gross operating margin -€3,703
down €3,703 (-19.0%), from €19,441 to €15,737
- Taxes -€1,106
down €1,106 (-28.1%), from €3,933 to €2,827
- Depreciation +€620
up €620 (+7.2%), from €8,583 to €9,203
Change in the result, 2025 to 2026
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 2025 and 2026 balance sheets and the 2026 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 | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,691 | €74,395 | +€35,704 | +92.3% |
| Fixed assets | 21/28 | €8,705 | €39,276 | +€30,572 | +351% |
| Tangible fixed assets | 22/27 | €8,705 | €39,276 | +€30,572 | +351% |
| Plant, machinery and equipment | 23 | €1,870 | €4,134 | +€2,263 | +121% |
| Furniture and vehicles | 24 | €6,835 | €35,143 | +€28,308 | +414% |
| Current assets | 29/58 | €29,986 | €35,118 | +€5,132 | +17.1% |
| Amounts receivable within one year | 40/41 | €17,605 | €27,259 | +€9,653 | +54.8% |
| Trade receivables | 40 | €7,098 | €11,193 | +€4,095 | +57.7% |
| Other amounts receivable | 41 | €10,507 | €16,066 | +€5,558 | +52.9% |
| Cash at bank and in hand | 54/58 | €10,915 | €704 | -€10,211 | -93.6% |
| Deferred charges and accrued income | 490/1 | €1,466 | €7,156 | +€5,690 | +388% |
| Total equity and liabilities | 10/49 | €38,691 | €74,395 | +€35,704 | +92.3% |
| Equity | 10/15 | €25,867 | €28,853 | +€2,986 | +11.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,867 | €23,853 | +€2,986 | +14.3% |
| Distributable reserves | 133 | €20,867 | €23,853 | +€2,986 | +14.3% |
| Amounts payable | 17/49 | €12,824 | €45,542 | +€32,718 | +255% |
| Amounts payable after more than one year | 17 | €0 | €32,526 | +€32,526 | |
| Financial debts | 170/4 | €0 | €32,526 | +€32,526 | |
| Amounts payable within one year | 42/48 | €12,824 | €12,597 | -€227 | -1.8% |
| Current portion of amounts payable after more than one year | 42 | €7,298 | €7,474 | +€176 | +2.4% |
| Trade debts | 44 | €364 | €2,188 | +€1,824 | +501% |
| Suppliers | 440/4 | €364 | €2,188 | +€1,824 | +501% |
| Taxes, remuneration and social security | 45 | €5,162 | €2,935 | -€2,227 | -43.1% |
| Taxes | 450/3 | €5,162 | €1,935 | -€3,227 | -62.5% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Accrued charges and deferred income | 492/3 | €0 | €419 | +€419 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,583 | €9,203 | +€620 | +7.2% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €19,441 | €15,737 | -€3,703 | -19.0% |
| Operating profit (loss) | 9901 | €10,717 | €6,390 | -€4,327 | -40.4% |
| Financial income | 75/76B | €1 | €3 | +€2 | +258% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +258% |
| Financial charges | 65/66B | €437 | €581 | +€144 | +32.9% |
| Recurring financial charges | 65 | €437 | €581 | +€144 | +32.9% |
| Profit (loss) for the period before taxes | 9903 | €10,281 | €5,813 | -€4,469 | -43.5% |
| Income taxes | 67/77 | €3,933 | €2,827 | -€1,106 | -28.1% |
| Profit (loss) for the period | 9904 | €6,348 | €2,986 | -€3,363 | -53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,348 | €2,986 | -€3,363 | -53.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.