DE STEENHUYSE: 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.
DE STEENHUYSE
Largest movements
- Tangible fixed assets -€6,994
down €6,994 (-14.6%), from €47,928 to €40,934
of which Plant, machinery and equipment: -€7,749
- Cash -€973
down €973 (-5.1%), from €19,115 to €18,143
mainly Current portion of long-term debt (-€6,216) and Tax, wage and social debts (-€2,983)
- Current portion of long-term debt -€6,216
down €6,216 (-83.2%), from €7,473 to €1,257
- Other debts +€4,677
up €4,677 (+16.5%), from €28,294 to €32,971
- Tax, wage and social debts -€2,983
down €2,983 (-32.4%), from €9,213 to €6,231
of which Taxes: -€2,983
- Profit (loss) carried forward -€2,544
down €2,544 (-18.9%), from €13,496 to €10,952
- Debts after one year -€1,257
down €1,257 (-100%), from €1,257 to €0
- Financial charges -€2,289
down €2,289 (-92.7%), from €2,468 to €180
- Gross operating margin -€2,070
down €2,070 (-21.4%), from €9,692 to €7,622
- Other operating charges +€164
up €164 (+15.3%), from €1,072 to €1,235
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 | €70,139 | €62,260 | -€7,878 | -11.2% |
| Fixed assets | 21/28 | €47,928 | €40,934 | -€6,994 | -14.6% |
| Tangible fixed assets | 22/27 | €47,928 | €40,934 | -€6,994 | -14.6% |
| Land and buildings | 22 | €15,608 | €16,864 | +€1,256 | +8.1% |
| Plant, machinery and equipment | 23 | €31,819 | €24,070 | -€7,749 | -24.4% |
| Furniture and vehicles | 24 | €502 | €0 | -€502 | -100% |
| Current assets | 29/58 | €22,210 | €21,326 | -€884 | -4.0% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50 | €220 | +€170 | +340% |
| Trade receivables | 40 | €0 | €170 | +€170 | |
| Other amounts receivable | 41 | €50 | €50 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,115 | €18,143 | -€973 | -5.1% |
| Deferred charges and accrued income | 490/1 | €1,045 | €963 | -€82 | -7.8% |
| Total equity and liabilities | 10/49 | €70,139 | €62,260 | -€7,878 | -11.2% |
| Equity | 10/15 | €20,028 | €17,484 | -€2,544 | -12.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €332 | €332 | = | 0.0% |
| Distributable reserves | 133 | €332 | €332 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,496 | €10,952 | -€2,544 | -18.9% |
| Amounts payable | 17/49 | €50,111 | €44,777 | -€5,334 | -10.6% |
| Amounts payable after more than one year | 17 | €1,257 | €0 | -€1,257 | -100% |
| Financial debts | 170/4 | €1,257 | €0 | -€1,257 | -100% |
| Amounts payable within one year | 42/48 | €46,757 | €42,777 | -€3,981 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €7,473 | €1,257 | -€6,216 | -83.2% |
| Trade debts | 44 | €1,777 | €2,318 | +€541 | +30.4% |
| Suppliers | 440/4 | €1,777 | €2,318 | +€541 | +30.4% |
| Taxes, remuneration and social security | 45 | €9,213 | €6,231 | -€2,983 | -32.4% |
| Taxes | 450/3 | €6,110 | €3,127 | -€2,983 | -48.8% |
| Remuneration and social security | 454/9 | €3,103 | €3,103 | = | 0.0% |
| Other amounts payable | 47/48 | €28,294 | €32,971 | +€4,677 | +16.5% |
| Accrued charges and deferred income | 492/3 | €2,096 | €2,000 | -€96 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,675 | €8,661 | -€14 | -0.2% |
| Other operating charges | 640/8 | €1,072 | €1,235 | +€164 | +15.3% |
| Gross operating margin | 9900 | €9,692 | €7,622 | -€2,070 | -21.4% |
| Operating profit (loss) | 9901 | -€55 | -€2,274 | -€2,219 | -4,059% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €2,468 | €180 | -€2,289 | -92.7% |
| Recurring financial charges | 65 | €2,468 | €180 | -€2,289 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,523 | -€2,454 | +€69 | +2.7% |
| Income taxes | 67/77 | €93 | €91 | -€3 | -3.1% |
| Profit (loss) for the period | 9904 | -€2,616 | -€2,544 | +€72 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,616 | -€2,544 | +€72 | +2.8% |
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 24 October 2026 via checked.be.