De Steenworp: 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 Steenworp
Largest movements
- Cash +€202,132
up €202,132 (+5505.8%), from €3,671 to €205,803
mainly Net result for the year (+€110,809) and Investment in fixed assets (net) (+€44,619)
- Tangible fixed assets -€44,619
down €44,619 (-55.6%), from €80,291 to €35,672
- Reserves +€110,809
new in 2025: €110,809
- Tax, wage and social debts +€42,199
new in 2025: €42,199
- Gross operating margin +€155,376
up €155,376 (+4652.4%), from €3,340 to €158,716
- Taxes +€42,199
up €42,199 (+9813816.3%), from €0 to €42,200
- Depreciation -€5,186
down €5,186 (-100.0%), from €5,186 to €0
- Other operating charges +€2,628
up €2,628 (+292.8%), from €897 to €3,525
- Financial charges +€2,105
up €2,105 (+2599.1%), from €81 to €2,186
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 | €83,962 | €241,475 | +€157,512 | +187.6% |
| Fixed assets | 21/28 | €80,291 | €35,672 | -€44,619 | -55.6% |
| Tangible fixed assets | 22/27 | €80,291 | €35,672 | -€44,619 | -55.6% |
| Land and buildings | 22 | €80,291 | €35,672 | -€44,619 | -55.6% |
| Current assets | 29/58 | €3,671 | €205,803 | +€202,132 | +5505.8% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €3,671 | €205,803 | +€202,132 | +5505.8% |
| Total equity and liabilities | 10/49 | €83,962 | €241,475 | +€157,512 | +187.6% |
| Equity | 10/15 | €54,962 | €165,771 | +€110,809 | +201.6% |
| Contributions | 10/11 | €90,481 | €90,481 | = | 0.0% |
| Capital | 10 | €90,481 | €90,481 | = | 0.0% |
| Issued capital | 100 | €90,481 | €90,481 | = | 0.0% |
| Reserves | 13 | - | €110,809 | +€110,809 | |
| Distributable reserves | 133 | - | €110,809 | +€110,809 | |
| Profit (loss) carried forward | 14 | -€35,519 | -€35,519 | = | 0.0% |
| Amounts payable | 17/49 | €29,000 | €75,704 | +€46,704 | +161.0% |
| Amounts payable within one year | 42/48 | €29,000 | €73,598 | +€44,598 | +153.8% |
| Trade debts | 44 | €0 | €250 | +€250 | |
| Suppliers | 440/4 | €0 | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | - | €42,199 | +€42,199 | |
| Taxes | 450/3 | - | €42,199 | +€42,199 | |
| Other amounts payable | 47/48 | €29,000 | €31,150 | +€2,150 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €2,105 | +€2,105 | |
| Non-recurring operating income | 76A | - | €170,381 | +€170,381 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,186 | €0 | -€5,186 | -100.0% |
| Other operating charges | 640/8 | €897 | €3,525 | +€2,628 | +292.8% |
| Gross operating margin | 9900 | €3,340 | €158,716 | +€155,376 | +4652.4% |
| Operating profit (loss) | 9901 | -€2,743 | €155,191 | +€157,935 | |
| Financial income | 75/76B | €0 | €4 | +€4 | |
| Recurring financial income | 75 | €0 | €4 | +€4 | |
| Financial charges | 65/66B | €81 | €2,186 | +€2,105 | +2599.1% |
| Recurring financial charges | 65 | €81 | €2,186 | +€2,105 | +2599.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,824 | €153,009 | +€155,833 | |
| Income taxes | 67/77 | €0 | €42,200 | +€42,199 | +9813816.3% |
| Profit (loss) for the period | 9904 | -€2,825 | €110,809 | +€113,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,825 | €110,809 | +€113,634 |
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 8 October 2026 via checked.be.