DIEU STEPHANIE: 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.
DIEU STEPHANIE
Largest movements
- Tangible fixed assets -€12,438
down €12,438 (-25.4%), from €48,990 to €36,552
of which Furniture and vehicles: -€7,275
- Receivables within one year -€2,733
down €2,733 (-81.8%), from €3,341 to €609
- Cash -€1,327
no longer reported in 2025 (was €1,327)
mainly Debts after one year (-€19,965) and Trade debts (-€1,385)
- Debts after one year -€19,965
no longer reported in 2025 (was €19,965)
- Current portion of long-term debt +€6,167
up €6,167 (+25.1%), from €24,539 to €30,705
- Trade debts -€1,385
down €1,385 (-71.9%), from €1,925 to €541
- Tax, wage and social debts -€964
down €964 (-24.1%), from €4,000 to €3,036
- Taxes +€6,394
up €6,394 (+172%), from €3,722 to €10,115
- Gross operating margin +€4,665
up €4,665 (+24.7%), from €18,882 to €23,547
- Other operating charges -€974
down €974 (-74.7%), from €1,304 to €330
- Depreciation -€761
down €761 (-5.8%), from €13,199 to €12,438
- Financial charges +€677
up €677 (+159%), from €427 to €1,104
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 | €53,659 | €37,161 | -€16,498 | -30.7% |
| Fixed assets | 21/28 | €48,990 | €36,552 | -€12,438 | -25.4% |
| Tangible fixed assets | 22/27 | €48,990 | €36,552 | -€12,438 | -25.4% |
| Plant, machinery and equipment | 23 | €21,745 | €16,582 | -€5,163 | -23.7% |
| Furniture and vehicles | 24 | €27,246 | €19,971 | -€7,275 | -26.7% |
| Current assets | 29/58 | €4,669 | €609 | -€4,060 | -87.0% |
| Amounts receivable within one year | 40/41 | €3,341 | €609 | -€2,733 | -81.8% |
| Other amounts receivable | 41 | €3,341 | €609 | -€2,733 | -81.8% |
| Cash at bank and in hand | 54/58 | €1,327 | - | -€1,327 | |
| Total equity and liabilities | 10/49 | €53,659 | €37,161 | -€16,498 | -30.7% |
| Equity | 10/15 | €3,230 | €2,790 | -€440 | -13.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €230 | -€210 | -€440 | |
| Amounts payable | 17/49 | €50,429 | €34,371 | -€16,058 | -31.8% |
| Amounts payable after more than one year | 17 | €19,965 | - | -€19,965 | |
| Financial debts | 170/4 | €19,965 | - | -€19,965 | |
| Amounts payable within one year | 42/48 | €30,464 | €34,371 | +€3,907 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €24,539 | €30,705 | +€6,167 | +25.1% |
| Financial debts | 43 | - | €89 | +€89 | |
| Credit institutions | 430/8 | - | €89 | +€89 | |
| Trade debts | 44 | €1,925 | €541 | -€1,385 | -71.9% |
| Suppliers | 440/4 | €1,925 | €541 | -€1,385 | -71.9% |
| Taxes, remuneration and social security | 45 | €4,000 | €3,036 | -€964 | -24.1% |
| Taxes | 450/3 | €4,000 | €3,036 | -€964 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,199 | €12,438 | -€761 | -5.8% |
| Other operating charges | 640/8 | €1,304 | €330 | -€974 | -74.7% |
| Gross operating margin | 9900 | €18,882 | €23,547 | +€4,665 | +24.7% |
| Operating profit (loss) | 9901 | €4,378 | €10,778 | +€6,400 | +146% |
| Financial income | 75/76B | €0 | €1 | +€1 | +395% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +395% |
| Financial charges | 65/66B | €427 | €1,104 | +€677 | +159% |
| Recurring financial charges | 65 | €427 | €1,104 | +€677 | +159% |
| Profit (loss) for the period before taxes | 9903 | €3,952 | €9,676 | +€5,724 | +145% |
| Income taxes | 67/77 | €3,722 | €10,115 | +€6,394 | +172% |
| Profit (loss) for the period | 9904 | €230 | -€440 | -€670 | |
| Profit (loss) for the period to be appropriated | 9905 | €230 | -€440 | -€670 |
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 14 October 2026 via checked.be.