Château de Steinbach: 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.
What changed
Château de Steinbach
NACE 55.203, Holiday cottages, homes and apartments
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€8,489
2023 · €70,226-€78,715
Equity
€1.9m
2023 · €1.9m-€8,489
Cash
€15,723
2023 · €13,854+€1,869
Balance sheet total
€4.6m
2023 · €4.8m-€132,197
Largest movements
Assets
- Receivables within one year -€96,197
down €96,197 (-23.9%), from €402,578 to €306,381
of which Trade receivables: -€133,711
Equity and liabilities
- Trade debts -€155,876
down €155,876 (-88.1%), from €176,840 to €20,964
Income statement
- Turnover -€63,927
down €63,927 (-40.4%), from €158,300 to €94,373
- Services and other goods +€19,047
up €19,047 (+154%), from €12,384 to €31,431
- Financial charges -€16,240
down €16,240 (-36.6%), from €44,431 to €28,190
- Other operating income -€11,838
down €11,838 (-69.1%), from €17,121 to €5,282
From the 2023 result to the 2024 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.
Result 2023
€70,226
Turnover
-€63,927
Other operating income
-€11,838
Services and other goods
-€19,047
Depreciation
-€1,509
Other operating charges
+€1,316
Financial income
+€1
Financial charges
+€16,240
Taxes
+€50
Result 2024
-€8,489
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€3,391
Investment
+€2,936
Financing
-€4,459
Cash 2023
€13,854
From operations (derived)
+€3,391
Net result for the year
-€8,489
Depreciation
+€43,111
Receivables within one year
+€96,197
Deferred charges and accrued income
-€8,178
Trade debts
-€155,876
Tax, wage and social debts
+€7,234
Other debts
+€29,404
Accrued charges and deferred income
-€12
Investment (derived)
+€2,936
Investment in fixed assets (net)
+€2,936
Financing
-€4,459
Debts after one year
-€4,562
Current portion of long-term debt
+€126
Short-term financial debts
-€23
Cash 2024
€15,723
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,755,938 | €4,623,741 | -€132,197 | -2.8% |
| Fixed assets | 21/28 | €4,339,506 | €4,293,458 | -€46,047 | -1.1% |
| Tangible fixed assets | 22/27 | €845,523 | €812,090 | -€33,433 | -4.0% |
| Land and buildings | 22 | €827,373 | €793,471 | -€33,903 | -4.1% |
| Plant, machinery and equipment | 23 | €18,149 | €10,877 | -€7,273 | -40.1% |
| Furniture and vehicles | 24 | €0 | €7,743 | +€7,743 | |
| Financial fixed assets | 28 | €3,493,983 | €3,481,368 | -€12,615 | -0.4% |
| Affiliated companies | 280/1 | €3,493,983 | €3,481,368 | -€12,615 | -0.4% |
| Participating interests | 280 | €2,245,139 | €2,245,139 | = | 0.0% |
| Amounts receivable | 281 | €1,248,844 | €1,236,230 | -€12,615 | -1.0% |
| Current assets | 29/58 | €416,432 | €330,283 | -€86,149 | -20.7% |
| Amounts receivable within one year | 40/41 | €402,578 | €306,381 | -€96,197 | -23.9% |
| Trade receivables | 40 | €166,809 | €33,098 | -€133,711 | -80.2% |
| Other amounts receivable | 41 | €235,769 | €273,283 | +€37,514 | +15.9% |
| Cash at bank and in hand | 54/58 | €13,854 | €15,723 | +€1,869 | +13.5% |
| Deferred charges and accrued income | 490/1 | €0 | €8,178 | +€8,178 | |
| Total equity and liabilities | 10/49 | €4,755,938 | €4,623,741 | -€132,197 | -2.8% |
| Equity | 10/15 | €1,907,660 | €1,899,171 | -€8,489 | -0.4% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €5,683 | €5,683 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,683 | €5,683 | = | 0.0% |
| Legal reserve | 130 | €5,683 | €5,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,023 | -€106,512 | -€8,489 | -8.7% |
| Amounts payable | 17/49 | €2,848,278 | €2,724,570 | -€123,708 | -4.3% |
| Amounts payable after more than one year | 17 | €801,681 | €797,119 | -€4,562 | -0.6% |
| Financial debts | 170/4 | €51,681 | €47,119 | -€4,562 | -8.8% |
| Credit institutions | 173 | €51,681 | €47,119 | -€4,562 | -8.8% |
| Other amounts payable | 178/9 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,046,584 | €1,927,451 | -€119,134 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €4,436 | €4,562 | +€126 | +2.8% |
| Financial debts | 43 | €900,023 | €900,000 | -€23 | 0.0% |
| Credit institutions | 430/8 | €900,023 | €900,000 | -€23 | 0.0% |
| Trade debts | 44 | €176,840 | €20,964 | -€155,876 | -88.1% |
| Suppliers | 440/4 | €176,840 | €20,964 | -€155,876 | -88.1% |
| Taxes, remuneration and social security | 45 | €908 | €8,143 | +€7,234 | +796% |
| Taxes | 450/3 | €908 | €8,143 | +€7,234 | +796% |
| Other amounts payable | 47/48 | €964,378 | €993,782 | +€29,404 | +3.0% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100% |
| Operating income | 70/76A | €175,421 | €99,655 | -€75,766 | -43.2% |
| Turnover | 70 | €158,300 | €94,373 | -€63,927 | -40.4% |
| Other operating income | 74 | €17,121 | €5,282 | -€11,838 | -69.1% |
| Operating charges | 60/66A | €60,714 | €79,954 | +€19,240 | +31.7% |
| Services and other goods | 61 | €12,384 | €31,431 | +€19,047 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,602 | €43,111 | +€1,509 | +3.6% |
| Other operating charges | 640/8 | €6,728 | €5,412 | -€1,316 | -19.6% |
| Operating profit (loss) | 9901 | €114,707 | €19,701 | -€95,006 | -82.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Income from current assets | 751 | - | €1 | +€1 | |
| Other financial income | 752/9 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44,431 | €28,190 | -€16,240 | -36.6% |
| Recurring financial charges | 65 | €44,431 | €28,190 | -€16,240 | -36.6% |
| Debt charges | 650 | €43,822 | €27,883 | -€15,939 | -36.4% |
| Other financial charges | 652/9 | €609 | €308 | -€302 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €70,276 | -€8,489 | -€78,765 | |
| Income taxes | 67/77 | €50 | - | -€50 | |
| Taxes | 670/3 | €50 | - | -€50 | |
| Profit (loss) for the period | 9904 | €70,226 | -€8,489 | -€78,715 | |
| Profit (loss) for the period to be appropriated | 9905 | €70,226 | -€8,489 | -€78,715 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.