E-STEAM: 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.
E-STEAM
Largest movements
- Tangible fixed assets -€6,084
down €6,084 (-45.3%), from €13,443 to €7,359
of which Furniture and vehicles: -€4,809
- Receivables within one year -€759
down €759 (-10.6%), from €7,139 to €6,380
of which Other amounts receivable: -€2,294
- Financial fixed assets -€340
no longer reported in 2023 (was €340)
- Cash -€279
down €279 (-16.0%), from €1,747 to €1,468
mainly Net result for the year (-€18,143)
- Profit (loss) carried forward -€18,143
down €18,143, from €5,501 to -€12,642
- Tax, wage and social debts +€7,650
up €7,650 (+104.4%), from €7,330 to €14,980
of which Taxes: +€5,050
- Trade debts +€2,421
up €2,421 (+378.9%), from €639 to €3,060
- Other debts +€535
up €535 (+18.0%), from €2,974 to €3,509
- Gross operating margin -€29,674
down €29,674, from €18,577 to -€11,097
- Financial income -€1,799
down €1,799 (-99.8%), from €1,802 to €3
- Depreciation +€1,276
up €1,276 (+26.5%), from €4,808 to €6,084
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,744 | €15,207 | -€7,537 | -33.1% |
| Fixed assets | 21/28 | €13,783 | €7,359 | -€6,424 | -46.6% |
| Tangible fixed assets | 22/27 | €13,443 | €7,359 | -€6,084 | -45.3% |
| Plant, machinery and equipment | 23 | €2,937 | €1,662 | -€1,275 | -43.4% |
| Furniture and vehicles | 24 | €10,506 | €5,697 | -€4,809 | -45.8% |
| Financial fixed assets | 28 | €340 | - | -€340 | |
| Current assets | 29/58 | €8,961 | €7,848 | -€1,113 | -12.4% |
| Amounts receivable within one year | 40/41 | €7,139 | €6,380 | -€759 | -10.6% |
| Trade receivables | 40 | €4,845 | €6,380 | +€1,535 | +31.7% |
| Other amounts receivable | 41 | €2,294 | - | -€2,294 | |
| Cash at bank and in hand | 54/58 | €1,747 | €1,468 | -€279 | -16.0% |
| Deferred charges and accrued income | 490/1 | €75 | - | -€75 | |
| Total equity and liabilities | 10/49 | €22,744 | €15,207 | -€7,537 | -33.1% |
| Equity | 10/15 | €11,801 | -€6,342 | -€18,143 | |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,501 | -€12,642 | -€18,143 | |
| Amounts payable | 17/49 | €10,943 | €21,549 | +€10,606 | +96.9% |
| Amounts payable within one year | 42/48 | €10,943 | €21,549 | +€10,606 | +96.9% |
| Trade debts | 44 | €639 | €3,060 | +€2,421 | +378.9% |
| Suppliers | 440/4 | €639 | €3,060 | +€2,421 | +378.9% |
| Taxes, remuneration and social security | 45 | €7,330 | €14,980 | +€7,650 | +104.4% |
| Taxes | 450/3 | €7,330 | €12,380 | +€5,050 | +68.9% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €2,974 | €3,509 | +€535 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,808 | €6,084 | +€1,276 | +26.5% |
| Other operating charges | 640/8 | €686 | €682 | -€4 | -0.6% |
| Gross operating margin | 9900 | €18,577 | -€11,097 | -€29,674 | |
| Operating profit (loss) | 9901 | €13,083 | -€17,863 | -€30,946 | |
| Financial income | 75/76B | €1,802 | €3 | -€1,799 | -99.8% |
| Recurring financial income | 75 | €1,802 | €3 | -€1,799 | -99.8% |
| Financial charges | 65/66B | €234 | €283 | +€49 | +20.9% |
| Recurring financial charges | 65 | €234 | €283 | +€49 | +20.9% |
| Profit (loss) for the period before taxes | 9903 | €14,651 | -€18,143 | -€32,794 | |
| Income taxes | 67/77 | €94 | - | -€94 | |
| Profit (loss) for the period | 9904 | €14,557 | -€18,143 | -€32,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,557 | -€18,143 | -€32,700 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.