François-Steenbeke: what changed
What changed
François-Steenbeke
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€192,710
2024 · €226,755-€34,045
Equity
€588,204
2024 · €568,659+€19,545
Cash
€289,227
2024 · €158,190+€131,037
Balance sheet total
€1.6m
2024 · €1.7m-€37,691
Largest movements
Assets
- Cash +€131,037
up €131,037 (+82.8%), from €158,190 to €289,227
mainly Net result for the year (+€192,710) and Depreciation (+€175,552)
- Intangible fixed assets -€92,315
down €92,315 (-16.6%), from €556,288 to €463,974
- Current investments -€85,293
down €85,293 (-56.9%), from €149,997 to €64,704
- Deferred charges and accrued income +€23,136
up €23,136 (+21.4%), from €108,033 to €131,169
Equity and liabilities
- Debts after one year -€153,481
down €153,481 (-20.5%), from €748,208 to €594,726
- Reserves +€142,402
up €142,402 (+33.1%), from €430,802 to €573,204
- Trade debts +€129,838
up €129,838 (+246%), from €52,814 to €182,652
- Profit (loss) carried forward -€122,857
down €122,857 (-100%), from €122,857 to €0
- Other debts -€73,894
down €73,894 (-100%), from €73,894 to €0
Income statement
- Staff costs +€146,193
up €146,193 (+36.4%), from €401,751 to €547,945
- Gross operating margin +€127,551
up €127,551 (+14.0%), from €909,491 to €1.0m
- Depreciation +€28,808
up €28,808 (+19.6%), from €146,743 to €175,552
- Taxes -€17,795
down €17,795 (-15.8%), from €112,643 to €94,848
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€226,755
Gross operating margin
+€127,551
Staff costs
-€146,193
Depreciation
-€28,808
Other operating charges
-€1,012
Financial income
+€1,097
Financial charges
-€4,474
Taxes
+€17,795
Result 2025
€192,710
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€432,425
Investment
+€18,035
Financing
-€319,423
Cash 2024
€158,190
From operations (derived)
+€432,425
Net result for the year
+€192,710
Depreciation
+€175,552
Receivables within one year
-€1,723
Deferred charges and accrued income
-€23,136
Trade debts
+€129,838
Tax, wage and social debts
+€27,943
Other debts
-€73,894
Accrued charges and deferred income
+€5,134
Investment (derived)
+€18,035
Investment in fixed assets (net)
-€67,258
Current investments
+€85,293
Financing
-€319,423
Debts after one year
-€153,481
Current portion of long-term debt
+€7,223
Contributions, distributions and other
-€173,165
Cash 2025
€289,227
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,671,030 | €1,633,339 | -€37,691 | -2.3% |
| Fixed assets | 21/28 | €1,253,119 | €1,144,825 | -€108,294 | -8.6% |
| Intangible fixed assets | 21 | €556,288 | €463,974 | -€92,315 | -16.6% |
| Tangible fixed assets | 22/27 | €692,074 | €675,510 | -€16,564 | -2.4% |
| Land and buildings | 22 | €513,855 | €505,609 | -€8,245 | -1.6% |
| Furniture and vehicles | 24 | €178,220 | €169,901 | -€8,319 | -4.7% |
| Financial fixed assets | 28 | €4,756 | €5,341 | +€585 | +12.3% |
| Current assets | 29/58 | €417,911 | €488,513 | +€70,602 | +16.9% |
| Amounts receivable within one year | 40/41 | €1,691 | €3,413 | +€1,723 | +102% |
| Trade receivables | 40 | €1,691 | €0 | -€1,691 | -100% |
| Other amounts receivable | 41 | €0 | €3,413 | +€3,413 | |
| Current investments | 50/53 | €149,997 | €64,704 | -€85,293 | -56.9% |
| Cash at bank and in hand | 54/58 | €158,190 | €289,227 | +€131,037 | +82.8% |
| Deferred charges and accrued income | 490/1 | €108,033 | €131,169 | +€23,136 | +21.4% |
| Total equity and liabilities | 10/49 | €1,671,030 | €1,633,339 | -€37,691 | -2.3% |
| Equity | 10/15 | €568,659 | €588,204 | +€19,545 | +3.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €430,802 | €573,204 | +€142,402 | +33.1% |
| Distributable reserves | 133 | €430,802 | €573,204 | +€142,402 | +33.1% |
| Profit (loss) carried forward | 14 | €122,857 | €0 | -€122,857 | -100% |
| Amounts payable | 17/49 | €1,102,371 | €1,045,135 | -€57,236 | -5.2% |
| Amounts payable after more than one year | 17 | €748,208 | €594,726 | -€153,481 | -20.5% |
| Financial debts | 170/4 | €748,208 | €594,726 | -€153,481 | -20.5% |
| Amounts payable within one year | 42/48 | €340,853 | €431,963 | +€91,110 | +26.7% |
| Current portion of amounts payable after more than one year | 42 | €157,224 | €164,447 | +€7,223 | +4.6% |
| Trade debts | 44 | €52,814 | €182,652 | +€129,838 | +246% |
| Suppliers | 440/4 | €52,814 | €182,652 | +€129,838 | +246% |
| Taxes, remuneration and social security | 45 | €56,920 | €84,864 | +€27,943 | +49.1% |
| Taxes | 450/3 | €18,983 | €30,050 | +€11,067 | +58.3% |
| Remuneration and social security | 454/9 | €37,938 | €54,814 | +€16,876 | +44.5% |
| Other amounts payable | 47/48 | €73,894 | €0 | -€73,894 | -100% |
| Accrued charges and deferred income | 492/3 | €13,311 | €18,445 | +€5,134 | +38.6% |
| Remuneration, social security and pensions | 62 | €401,751 | €547,945 | +€146,193 | +36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,743 | €175,552 | +€28,808 | +19.6% |
| Other operating charges | 640/8 | €4,944 | €5,956 | +€1,012 | +20.5% |
| Gross operating margin | 9900 | €909,491 | €1,037,043 | +€127,551 | +14.0% |
| Operating profit (loss) | 9901 | €356,053 | €307,591 | -€48,462 | -13.6% |
| Financial income | 75/76B | €3,799 | €4,896 | +€1,097 | +28.9% |
| Recurring financial income | 75 | €3,799 | €4,896 | +€1,097 | +28.9% |
| Financial charges | 65/66B | €20,455 | €24,929 | +€4,474 | +21.9% |
| Recurring financial charges | 65 | €20,455 | €24,929 | +€4,474 | +21.9% |
| Profit (loss) for the period before taxes | 9903 | €339,398 | €287,558 | -€51,840 | -15.3% |
| Income taxes | 67/77 | €112,643 | €94,848 | -€17,795 | -15.8% |
| Profit (loss) for the period | 9904 | €226,755 | €192,710 | -€34,045 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €226,755 | €192,710 | -€34,045 | -15.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.