DE STEEGE: 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.
DE STEEGE
Largest movements
- Tangible fixed assets -€18,675
down €18,675 (-2.5%), from €736,625 to €717,950
- Current portion of long-term debt +€90,200
new in 2024: €90,200
- Short-term financial debts -€90,200
down €90,200 (-29.1%), from €310,071 to €219,872
of which Other loans: -€90,200
- Other debts -€21,877
down €21,877 (-22.5%), from €97,373 to €75,496
- Trade debts +€16,586
up €16,586 (+190.7%), from €8,697 to €25,283
- Turnover +€56,506
new in 2024: €56,506
- Purchases and services +€40,532
new in 2024: €40,532
- Gross operating margin -€30,544
down €30,544 (-65.7%), from €46,519 to €15,975
- Financial charges -€18,138
down €18,138 (-92.6%), from €19,596 to €1,458
- Depreciation -€6,225
down €6,225 (-25.0%), from €24,900 to €18,675
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €886,253 | €873,523 | -€12,729 | -1.4% |
| Fixed assets | 21/28 | €736,625 | €717,950 | -€18,675 | -2.5% |
| Tangible fixed assets | 22/27 | €736,625 | €717,950 | -€18,675 | -2.5% |
| Land and buildings | 22 | €736,625 | €717,950 | -€18,675 | -2.5% |
| Current assets | 29/58 | €149,628 | €155,573 | +€5,946 | +4.0% |
| Amounts receivable within one year | 40/41 | €147,404 | €147,519 | +€116 | +0.1% |
| Trade receivables | 40 | €25,718 | €25,834 | +€116 | +0.4% |
| Other amounts receivable | 41 | €121,686 | €121,686 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,204 | €7,034 | +€5,830 | +484.1% |
| Deferred charges and accrued income | 490/1 | €1,020 | €1,020 | = | 0.0% |
| Total equity and liabilities | 10/49 | €886,253 | €873,523 | -€12,729 | -1.4% |
| Equity | 10/15 | €174,400 | €170,242 | -€4,158 | -2.4% |
| Contributions | 10/11 | €430,000 | €430,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,600 | -€259,758 | -€4,158 | -1.6% |
| Amounts payable | 17/49 | €711,853 | €703,282 | -€8,571 | -1.2% |
| Amounts payable after more than one year | 17 | €290,711 | €290,711 | = | 0.0% |
| Financial debts | 170/4 | €290,711 | €290,711 | = | 0.0% |
| Amounts payable within one year | 42/48 | €421,142 | €412,570 | -€8,571 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | - | €90,200 | +€90,200 | |
| Financial debts | 43 | €310,071 | €219,872 | -€90,200 | -29.1% |
| Credit institutions | 430/8 | €219,872 | €219,872 | = | 0.0% |
| Other loans | 439 | €90,200 | - | -€90,200 | |
| Trade debts | 44 | €8,697 | €25,283 | +€16,586 | +190.7% |
| Suppliers | 440/4 | €8,697 | €25,283 | +€16,586 | +190.7% |
| Taxes, remuneration and social security | 45 | €5,000 | €1,721 | -€3,280 | -65.6% |
| Taxes | 450/3 | €5,000 | €1,721 | -€3,280 | -65.6% |
| Other amounts payable | 47/48 | €97,373 | €75,496 | -€21,877 | -22.5% |
| Turnover | 70 | - | €56,506 | +€56,506 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €40,532 | +€40,532 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,900 | €18,675 | -€6,225 | -25.0% |
| Gross operating margin | 9900 | €46,519 | €15,975 | -€30,544 | -65.7% |
| Operating profit (loss) | 9901 | €21,619 | -€2,700 | -€24,319 | |
| Financial charges | 65/66B | €19,596 | €1,458 | -€18,138 | -92.6% |
| Recurring financial charges | 65 | €19,596 | €1,458 | -€18,138 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | €2,023 | -€4,158 | -€6,181 | |
| Profit (loss) for the period | 9904 | €2,023 | -€4,158 | -€6,181 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,023 | -€4,158 | -€6,181 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.