BOUWWERKEN STEURS: what changed
Two financial 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.
BOUWWERKEN STEURS
Largest movements
- Receivables within one year -€13,940
down €13,940 (-24.9%), from €55,985 to €42,045
of which Trade receivables: -€7,475
- Tangible fixed assets +€10,640
up €10,640 (+13.8%), from €77,336 to €87,976
of which Furniture and vehicles: +€26,987
- Trade debts -€17,905
down €17,905 (-88.5%), from €20,243 to €2,337
- Debts after one year +€16,215
up €16,215 (+284%), from €5,706 to €21,920
- Other debts -€5,505
down €5,505 (-32.0%), from €17,183 to €11,678
- Current portion of long-term debt +€4,458
up €4,458 (+59.7%), from €7,473 to €11,931
- Gross operating margin +€6,281
up €6,281 (+8.2%), from €76,519 to €82,800
- Staff costs +€4,690
up €4,690 (+8.9%), from €52,747 to €57,436
- Depreciation +€3,971
up €3,971 (+22.0%), from €18,054 to €22,025
- Financial charges +€867
up €867 (+88.4%), from €981 to €1,848
- Taxes -€857
down €857 (-95.0%), from €902 to €45
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €189,319 | €184,386 | -€4,933 | -2.6% |
| Fixed assets | 21/28 | €77,336 | €87,976 | +€10,640 | +13.8% |
| Tangible fixed assets | 22/27 | €77,336 | €87,976 | +€10,640 | +13.8% |
| Land and buildings | 22 | €56,290 | €56,290 | = | 0.0% |
| Plant, machinery and equipment | 23 | €20,613 | €4,266 | -€16,347 | -79.3% |
| Furniture and vehicles | 24 | €433 | €27,420 | +€26,987 | +6,226% |
| Current assets | 29/58 | €111,983 | €96,410 | -€15,573 | -13.9% |
| Amounts receivable within one year | 40/41 | €55,985 | €42,045 | -€13,940 | -24.9% |
| Trade receivables | 40 | €40,000 | €32,525 | -€7,475 | -18.7% |
| Other amounts receivable | 41 | €15,985 | €9,520 | -€6,465 | -40.4% |
| Cash at bank and in hand | 54/58 | €55,998 | €54,365 | -€1,633 | -2.9% |
| Total equity and liabilities | 10/49 | €189,319 | €184,386 | -€4,933 | -2.6% |
| Equity | 10/15 | €133,976 | €133,596 | -€379 | -0.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €115,384 | €115,004 | -€379 | -0.3% |
| Distributable reserves | 133 | €115,384 | €115,004 | -€379 | -0.3% |
| Amounts payable | 17/49 | €55,344 | €50,790 | -€4,554 | -8.2% |
| Amounts payable after more than one year | 17 | €5,706 | €21,920 | +€16,215 | +284% |
| Financial debts | 170/4 | €5,706 | €21,920 | +€16,215 | +284% |
| Amounts payable within one year | 42/48 | €49,638 | €28,869 | -€20,769 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €7,473 | €11,931 | +€4,458 | +59.7% |
| Trade debts | 44 | €20,243 | €2,337 | -€17,905 | -88.5% |
| Suppliers | 440/4 | €20,243 | €2,337 | -€17,905 | -88.5% |
| Taxes, remuneration and social security | 45 | €4,740 | €2,923 | -€1,817 | -38.3% |
| Taxes | 450/3 | €2,518 | €295 | -€2,223 | -88.3% |
| Remuneration and social security | 454/9 | €2,222 | €2,628 | +€406 | +18.3% |
| Other amounts payable | 47/48 | €17,183 | €11,678 | -€5,505 | -32.0% |
| Non-recurring operating income | 76A | - | €4,132 | +€4,132 | |
| Remuneration, social security and pensions | 62 | €52,747 | €57,436 | +€4,690 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,054 | €22,025 | +€3,971 | +22.0% |
| Other operating charges | 640/8 | €1,608 | €992 | -€616 | -38.3% |
| Gross operating margin | 9900 | €76,519 | €82,800 | +€6,281 | +8.2% |
| Operating profit (loss) | 9901 | €4,112 | €2,347 | -€1,764 | -42.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €981 | €1,848 | +€867 | +88.4% |
| Recurring financial charges | 65 | €981 | €1,848 | +€867 | +88.4% |
| Profit (loss) for the period before taxes | 9903 | €3,131 | €499 | -€2,632 | -84.1% |
| Income taxes | 67/77 | €902 | €45 | -€857 | -95.0% |
| Profit (loss) for the period | 9904 | €2,229 | €454 | -€1,775 | -79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,229 | €454 | -€1,775 | -79.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.