DOCSTEPH: 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.
DOCSTEPH
Largest movements
- Intangible fixed assets -€13,075
down €13,075 (-18.2%), from €71,833 to €58,758
- Tangible fixed assets -€5,726
down €5,726 (-48.2%), from €11,873 to €6,147
- Deferred charges and accrued income -€1,657
down €1,657 (-10.5%), from €15,791 to €14,134
- Current portion of long-term debt -€17,775
no longer reported in 2025 (was €17,775)
- Tax, wage and social debts -€10,377
down €10,377 (-56.6%), from €18,323 to €7,946
of which Remuneration and social security: -€15,500
- Profit (loss) carried forward +€8,795
up €8,795 (+29.9%), from €29,456 to €38,251
- Trade debts -€8,230
down €8,230 (-51.0%), from €16,145 to €7,915
- Other debts +€8,065
up €8,065 (+43.8%), from €18,430 to €26,495
- Gross operating margin -€4,571
down €4,571 (-8.0%), from €57,320 to €52,749
- Taxes -€877
down €877 (-9.9%), from €8,823 to €7,946
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 | €104,129 | €84,607 | -€19,522 | -18.7% |
| Fixed assets | 21/28 | €83,706 | €64,905 | -€18,801 | -22.5% |
| Intangible fixed assets | 21 | €71,833 | €58,758 | -€13,075 | -18.2% |
| Tangible fixed assets | 22/27 | €11,873 | €6,147 | -€5,726 | -48.2% |
| Furniture and vehicles | 24 | €11,873 | €6,147 | -€5,726 | -48.2% |
| Current assets | 29/58 | €20,423 | €19,702 | -€721 | -3.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,632 | €5,568 | +€936 | +20.2% |
| Deferred charges and accrued income | 490/1 | €15,791 | €14,134 | -€1,657 | -10.5% |
| Total equity and liabilities | 10/49 | €104,129 | €84,607 | -€19,522 | -18.7% |
| Equity | 10/15 | €33,456 | €42,251 | +€8,795 | +26.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,456 | €38,251 | +€8,795 | +29.9% |
| Amounts payable | 17/49 | €70,673 | €42,356 | -€28,316 | -40.1% |
| Amounts payable within one year | 42/48 | €70,673 | €42,356 | -€28,316 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €17,775 | - | -€17,775 | |
| Trade debts | 44 | €16,145 | €7,915 | -€8,230 | -51.0% |
| Suppliers | 440/4 | €16,145 | €7,915 | -€8,230 | -51.0% |
| Taxes, remuneration and social security | 45 | €18,323 | €7,946 | -€10,377 | -56.6% |
| Taxes | 450/3 | €2,823 | €7,946 | +€5,123 | +181.5% |
| Remuneration and social security | 454/9 | €15,500 | - | -€15,500 | |
| Other amounts payable | 47/48 | €18,430 | €26,495 | +€8,065 | +43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,107 | €20,489 | +€382 | +1.9% |
| Other operating charges | 640/8 | €244 | €253 | +€8 | +3.4% |
| Gross operating margin | 9900 | €57,320 | €52,749 | -€4,571 | -8.0% |
| Operating profit (loss) | 9901 | €36,969 | €32,007 | -€4,961 | -13.4% |
| Financial charges | 65/66B | €361 | €267 | -€94 | -25.9% |
| Recurring financial charges | 65 | €361 | €267 | -€94 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €36,608 | €31,740 | -€4,868 | -13.3% |
| Income taxes | 67/77 | €8,823 | €7,946 | -€877 | -9.9% |
| Profit (loss) for the period | 9904 | €27,785 | €23,795 | -€3,991 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,785 | €23,795 | -€3,991 | -14.4% |
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 30 September 2026 via checked.be.