BOSTEELS STIJN: what changed
What changed
BOSTEELS STIJN
NACE 66.220, Insurance agents and brokers
filed annual accounts (NBB)
Net result for the year
€61,500
2024 · €1.3m-€1.2m
Equity
€2.7m
2024 · €3.1m-€426,977
Cash
€8,850
2024 · €330,329-€321,479
Balance sheet total
€3.2m
2024 · €3.3m-€26,078
Largest movements
Assets
- Cash -€321,479
down €321,479 (-97.3%), from €330,329 to €8,850
mainly Contributions, distributions and other (-€488,477) and Receivables within one year (-€300,825)
- Receivables within one year +€300,825
up €300,825 (+18.0%), from €1.7m to €2.0m
Equity and liabilities
- Reserves -€426,977
down €426,977 (-13.9%), from €3.1m to €2.6m
of which Distributable reserves: -€426,977
- Other debts +€393,508
new in 2025: €393,508
Income statement
- Financial income -€1.3m
down €1.3m (-96.0%), from €1.3m to €53,862
- Taxes -€120,622
down €120,622 (-75.5%), from €159,757 to €39,136
- Financial charges +€25,643
up €25,643 (+4,411%), from €581 to €26,225
- Other operating charges +€22,783
up €22,783 (+726%), from €3,140 to €25,923
- Gross operating margin -€7,368
down €7,368 (-6.8%), from €108,737 to €101,369
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.
Result 2024
€1.3m
Gross operating margin
-€7,368
Depreciation
-€383
Other operating charges
-€22,783
Financial income
-€1.3m
Financial charges
-€25,643
Taxes
+€120,622
Result 2025
€61,500
raises the resultlowers the result
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.
From operations
+€166,140
Investment
-€3,000
Financing
-€484,619
Cash 2024
€330,329
From operations (derived)
+€166,140
Net result for the year
+€61,500
Depreciation
+€2,448
Receivables within one year
-€300,825
Deferred charges and accrued income
+€5,976
Smaller working-capital items
-€610
Tax, wage and social debts
+€4,143
Other debts
+€393,508
Investment (derived)
-€3,000
Investment in fixed assets (net)
-€3,000
Financing
-€484,619
Short-term financial debts
+€3,858
Contributions, distributions and other
-€488,477
Cash 2025
€8,850
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,252,737 | €3,226,659 | -€26,078 | -0.8% |
| Fixed assets | 21/28 | €1,242,234 | €1,242,786 | +€552 | 0.0% |
| Tangible fixed assets | 22/27 | €5,634 | €3,186 | -€2,448 | -43.5% |
| Plant, machinery and equipment | 23 | €692 | - | -€692 | |
| Furniture and vehicles | 24 | €4,942 | €3,186 | -€1,756 | -35.5% |
| Financial fixed assets | 28 | €1,236,600 | €1,239,600 | +€3,000 | +0.2% |
| Current assets | 29/58 | €2,010,503 | €1,983,873 | -€26,630 | -1.3% |
| Amounts receivable within one year | 40/41 | €1,670,254 | €1,971,079 | +€300,825 | +18.0% |
| Other amounts receivable | 41 | €1,670,254 | €1,971,079 | +€300,825 | +18.0% |
| Current investments | 50/53 | €700 | €700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €330,329 | €8,850 | -€321,479 | -97.3% |
| Deferred charges and accrued income | 490/1 | €9,220 | €3,244 | -€5,976 | -64.8% |
| Total equity and liabilities | 10/49 | €3,252,737 | €3,226,659 | -€26,078 | -0.8% |
| Equity | 10/15 | €3,089,884 | €2,662,908 | -€426,977 | -13.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,071,284 | €2,644,308 | -€426,977 | -13.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,069,424 | €2,642,448 | -€426,977 | -13.9% |
| Amounts payable | 17/49 | €162,853 | €563,752 | +€400,899 | +246% |
| Amounts payable within one year | 42/48 | €159,265 | €560,162 | +€400,897 | +252% |
| Financial debts | 43 | €6,250 | €10,108 | +€3,858 | +61.7% |
| Credit institutions | 430/8 | €6,250 | €10,108 | +€3,858 | +61.7% |
| Trade debts | 44 | €2,604 | €1,992 | -€612 | -23.5% |
| Suppliers | 440/4 | €2,604 | €1,992 | -€612 | -23.5% |
| Taxes, remuneration and social security | 45 | €150,412 | €154,555 | +€4,143 | +2.8% |
| Taxes | 450/3 | €147,277 | €151,435 | +€4,159 | +2.8% |
| Remuneration and social security | 454/9 | €3,135 | €3,120 | -€15 | -0.5% |
| Other amounts payable | 47/48 | - | €393,508 | +€393,508 | |
| Accrued charges and deferred income | 492/3 | €3,588 | €3,589 | +€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,065 | €2,448 | +€383 | +18.6% |
| Other operating charges | 640/8 | €3,140 | €25,923 | +€22,783 | +726% |
| Gross operating margin | 9900 | €108,737 | €101,369 | -€7,368 | -6.8% |
| Operating profit (loss) | 9901 | €103,532 | €72,998 | -€30,534 | -29.5% |
| Financial income | 75/76B | €1,331,767 | €53,862 | -€1.3m | -96.0% |
| Recurring financial income | 75 | €1,331,767 | €53,862 | -€1.3m | -96.0% |
| Financial charges | 65/66B | €581 | €26,225 | +€25,643 | +4,411% |
| Recurring financial charges | 65 | €581 | €26,225 | +€25,643 | +4,411% |
| Profit (loss) for the period before taxes | 9903 | €1,434,717 | €100,635 | -€1.3m | -93.0% |
| Income taxes | 67/77 | €159,757 | €39,136 | -€120,622 | -75.5% |
| Profit (loss) for the period | 9904 | €1,274,960 | €61,500 | -€1.2m | -95.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,274,960 | €61,500 | -€1.2m | -95.2% |
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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 3 November 2026 via checked.be.