DE STEPPE: 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 STEPPE
Largest movements
- Cash +€2,391
up €2,391 (+52.9%), from €4,518 to €6,909
mainly Depreciation (+€2,063) and Net result for the year (+€1,697)
- Tangible fixed assets -€2,063
down €2,063 (-2.7%), from €75,742 to €73,679
of which Land and buildings: -€1,818
- Debts after one year -€1,939
down €1,939 (-18.5%), from €10,500 to €8,561
- Profit (loss) carried forward +€1,697
up €1,697 (+1.7%), from -€97,397 to -€95,700
- Other debts +€823
up €823 (+5.0%), from €16,611 to €17,434
- Financial charges -€110
down €110 (-6.5%), from €1,675 to €1,565
- Gross operating margin -€92
down €92 (-1.1%), from €8,386 to €8,295
- Depreciation +€84
up €84 (+4.3%), from €1,979 to €2,063
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 | €81,726 | €82,212 | +€486 | +0.6% |
| Fixed assets | 21/28 | €75,742 | €73,679 | -€2,063 | -2.7% |
| Tangible fixed assets | 22/27 | €75,742 | €73,679 | -€2,063 | -2.7% |
| Land and buildings | 22 | €60,467 | €58,649 | -€1,818 | -3.0% |
| Other tangible fixed assets | 26 | €15,275 | €15,030 | -€245 | -1.6% |
| Current assets | 29/58 | €5,984 | €8,533 | +€2,549 | +42.6% |
| Cash at bank and in hand | 54/58 | €4,518 | €6,909 | +€2,391 | +52.9% |
| Deferred charges and accrued income | 490/1 | €1,465 | €1,624 | +€158 | +10.8% |
| Total equity and liabilities | 10/49 | €81,726 | €82,212 | +€486 | +0.6% |
| Equity | 10/15 | €53,857 | €55,555 | +€1,697 | +3.2% |
| Contributions | 10/11 | €148,800 | €148,800 | = | 0.0% |
| Capital | 10 | €148,800 | €148,800 | = | 0.0% |
| Issued capital | 100 | €148,800 | €148,800 | = | 0.0% |
| Reserves | 13 | €2,454 | €2,454 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,454 | €2,454 | = | 0.0% |
| Legal reserve | 130 | €2,454 | €2,454 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,397 | -€95,700 | +€1,697 | +1.7% |
| Amounts payable | 17/49 | €27,868 | €26,657 | -€1,211 | -4.3% |
| Amounts payable after more than one year | 17 | €10,500 | €8,561 | -€1,939 | -18.5% |
| Financial debts | 170/4 | €10,500 | €8,561 | -€1,939 | -18.5% |
| Amounts payable within one year | 42/48 | €16,990 | €17,787 | +€798 | +4.7% |
| Taxes, remuneration and social security | 45 | €378 | €353 | -€26 | -6.8% |
| Taxes | 450/3 | €378 | €353 | -€26 | -6.8% |
| Other amounts payable | 47/48 | €16,611 | €17,434 | +€823 | +5.0% |
| Accrued charges and deferred income | 492/3 | €379 | €309 | -€70 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,979 | €2,063 | +€84 | +4.3% |
| Other operating charges | 640/8 | €2,886 | €2,969 | +€83 | +2.9% |
| Gross operating margin | 9900 | €8,386 | €8,295 | -€92 | -1.1% |
| Operating profit (loss) | 9901 | €3,522 | €3,262 | -€259 | -7.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,675 | €1,565 | -€110 | -6.5% |
| Recurring financial charges | 65 | €1,675 | €1,565 | -€110 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €1,847 | €1,697 | -€150 | -8.1% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,847 | €1,697 | -€150 | -8.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €1,847 | €1,697 | -€150 | -8.1% |
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 6 October 2026 via checked.be.