Chez Steph: what changed
Two fiscal 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.
Chez Steph
Largest movements
- Tangible fixed assets -€9,649
down €9,649 (-35.8%), from €26,976 to €17,327
of which Furniture and vehicles: -€10,999
- Cash +€8,529
up €8,529 (+34.1%), from €25,018 to €33,547
mainly Depreciation (+€11,449) and Trade debts (+€8,185)
- Receivables within one year +€6,136
up €6,136 (+241.7%), from €2,538 to €8,674
of which Trade receivables: +€7,290
- Trade debts +€8,185
up €8,185 (+838.1%), from €977 to €9,162
- Tax, wage and social debts -€3,700
down €3,700 (-33.7%), from €10,990 to €7,289
of which Remuneration and social security: -€4,152
- Profit (loss) carried forward +€638
up €638 (+11.5%), from -€5,554 to -€4,917
- Purchases and services +€139,950
new in 2025: €139,950
- Gross operating margin -€10,880
down €10,880 (-12.4%), from €87,608 to €76,728
- Depreciation +€4,488
up €4,488 (+64.5%), from €6,961 to €11,449
- Staff costs -€3,500
down €3,500 (-5.7%), from €61,100 to €57,600
- Other operating charges -€1,441
down €1,441 (-33.4%), from €4,314 to €2,873
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.
Cash bridge derived
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 | €56,381 | €61,398 | +€5,016 | +8.9% |
| Fixed assets | 21/28 | €26,976 | €17,327 | -€9,649 | -35.8% |
| Tangible fixed assets | 22/27 | €26,976 | €17,327 | -€9,649 | -35.8% |
| Plant, machinery and equipment | 23 | €437 | €1,787 | +€1,350 | +308.8% |
| Furniture and vehicles | 24 | €26,539 | €15,540 | -€10,999 | -41.4% |
| Current assets | 29/58 | €29,405 | €44,070 | +€14,665 | +49.9% |
| Amounts receivable within one year | 40/41 | €2,538 | €8,674 | +€6,136 | +241.7% |
| Trade receivables | 40 | - | €7,290 | +€7,290 | |
| Other amounts receivable | 41 | €2,538 | €1,385 | -€1,154 | -45.4% |
| Cash at bank and in hand | 54/58 | €25,018 | €33,547 | +€8,529 | +34.1% |
| Deferred charges and accrued income | 490/1 | €1,849 | €1,849 | = | 0.0% |
| Total equity and liabilities | 10/49 | €56,381 | €61,398 | +€5,016 | +8.9% |
| Equity | 10/15 | €19,045 | €19,682 | +€638 | +3.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,999 | €5,999 | = | 0.0% |
| Distributable reserves | 133 | €5,999 | €5,999 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,554 | -€4,917 | +€638 | +11.5% |
| Amounts payable | 17/49 | €37,337 | €41,715 | +€4,379 | +11.7% |
| Amounts payable within one year | 42/48 | €37,337 | €41,715 | +€4,379 | +11.7% |
| Trade debts | 44 | €977 | €9,162 | +€8,185 | +838.1% |
| Suppliers | 440/4 | €977 | €9,162 | +€8,185 | +838.1% |
| Taxes, remuneration and social security | 45 | €10,990 | €7,289 | -€3,700 | -33.7% |
| Taxes | 450/3 | €1,496 | €1,948 | +€451 | +30.2% |
| Remuneration and social security | 454/9 | €9,494 | €5,342 | -€4,152 | -43.7% |
| Other amounts payable | 47/48 | €25,370 | €25,264 | -€106 | -0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €139,950 | +€139,950 | |
| Remuneration, social security and pensions | 62 | €61,100 | €57,600 | -€3,500 | -5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,961 | €11,449 | +€4,488 | +64.5% |
| Other operating charges | 640/8 | €4,314 | €2,873 | -€1,441 | -33.4% |
| Gross operating margin | 9900 | €87,608 | €76,728 | -€10,880 | -12.4% |
| Operating profit (loss) | 9901 | €15,233 | €4,806 | -€10,427 | -68.4% |
| Financial charges | 65/66B | €3,380 | €3,953 | +€573 | +17.0% |
| Recurring financial charges | 65 | €3,380 | €3,953 | +€573 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €11,854 | €853 | -€11,001 | -92.8% |
| Income taxes | 67/77 | €159 | €215 | +€56 | +35.4% |
| Profit (loss) for the period | 9904 | €11,695 | €638 | -€11,057 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,695 | €638 | -€11,057 | -94.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.