HOLDING STEVEN VAN BAVEL: what changed
What changed
HOLDING STEVEN VAN BAVEL
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€153,199
2024 · €164,417-€11,218
Equity
€607,152
2024 · €553,953+€53,199
Cash
€99,310
2024 · €103,959-€4,649
Balance sheet total
€1.1m
2024 · €1.1m-€25,318
Largest movements
Assets
- Tangible fixed assets -€20,920
down €20,920 (-6.1%), from €341,519 to €320,598
of which Furniture and vehicles: -€14,875
Equity and liabilities
- Debts after one year -€69,376
down €69,376 (-16.8%), from €412,226 to €342,850
- Reserves +€53,199
up €53,199 (+9.9%), from €538,953 to €592,152
- Tax, wage and social debts -€11,614
down €11,614 (-58.8%), from €19,768 to €8,153
Income statement
- Gross operating margin -€9,809
down €9,809 (-3.9%), from €254,737 to €244,928
- Depreciation +€2,903
up €2,903 (+15.0%), from €19,366 to €22,269
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
€164,417
Gross operating margin
-€9,809
Depreciation
-€2,903
Other operating charges
-€1,832
Financial income
+€168
Financial charges
+€1,594
Taxes
+€1,564
Result 2025
€153,199
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
+€166,500
Investment
-€1,349
Financing
-€169,800
Cash 2024
€103,959
From operations (derived)
+€166,500
Net result for the year
+€153,199
Depreciation
+€22,269
Smaller working-capital items
-€508
Trade debts
+€3,153
Tax, wage and social debts
-€11,614
Investment (derived)
-€1,349
Investment in fixed assets (net)
-€1,349
Financing
-€169,800
Debts after one year
-€69,376
Current portion of long-term debt
-€424
Contributions, distributions and other
-€100,000
Cash 2025
€99,310
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,143,987 | €1,118,669 | -€25,318 | -2.2% |
| Fixed assets | 21/28 | €1,038,178 | €1,017,257 | -€20,920 | -2.0% |
| Tangible fixed assets | 22/27 | €341,519 | €320,598 | -€20,920 | -6.1% |
| Land and buildings | 22 | €275,642 | €269,597 | -€6,045 | -2.2% |
| Furniture and vehicles | 24 | €65,877 | €51,002 | -€14,875 | -22.6% |
| Financial fixed assets | 28 | €696,659 | €696,659 | = | 0.0% |
| Current assets | 29/58 | €105,810 | €101,412 | -€4,398 | -4.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €103,959 | €99,310 | -€4,649 | -4.5% |
| Deferred charges and accrued income | 490/1 | €1,851 | €2,102 | +€251 | +13.6% |
| Total equity and liabilities | 10/49 | €1,143,987 | €1,118,669 | -€25,318 | -2.2% |
| Equity | 10/15 | €553,953 | €607,152 | +€53,199 | +9.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €538,953 | €592,152 | +€53,199 | +9.9% |
| Distributable reserves | 133 | €538,953 | €592,152 | +€53,199 | +9.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €590,035 | €511,517 | -€78,518 | -13.3% |
| Amounts payable after more than one year | 17 | €412,226 | €342,850 | -€69,376 | -16.8% |
| Financial debts | 170/4 | €412,226 | €342,850 | -€69,376 | -16.8% |
| Amounts payable within one year | 42/48 | €177,809 | €168,667 | -€9,141 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €69,800 | €69,376 | -€424 | -0.6% |
| Trade debts | 44 | €659 | €3,813 | +€3,153 | +478% |
| Suppliers | 440/4 | €659 | €3,813 | +€3,153 | +478% |
| Taxes, remuneration and social security | 45 | €19,768 | €8,153 | -€11,614 | -58.8% |
| Taxes | 450/3 | €19,768 | €8,153 | -€11,614 | -58.8% |
| Other amounts payable | 47/48 | €87,582 | €87,325 | -€257 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,366 | €22,269 | +€2,903 | +15.0% |
| Other operating charges | 640/8 | €2,091 | €3,923 | +€1,832 | +87.6% |
| Gross operating margin | 9900 | €254,737 | €244,928 | -€9,809 | -3.9% |
| Operating profit (loss) | 9901 | €233,280 | €218,736 | -€14,544 | -6.2% |
| Financial income | 75/76B | €2 | €170 | +€168 | +10,432% |
| Recurring financial income | 75 | €2 | €170 | +€168 | +10,432% |
| Financial charges | 65/66B | €14,096 | €12,502 | -€1,594 | -11.3% |
| Recurring financial charges | 65 | €14,096 | €12,502 | -€1,594 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | €219,185 | €206,404 | -€12,782 | -5.8% |
| Income taxes | 67/77 | €54,768 | €53,204 | -€1,564 | -2.9% |
| Profit (loss) for the period | 9904 | €164,417 | €153,199 | -€11,218 | -6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €164,417 | €153,199 | -€11,218 | -6.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 1 November 2026 via checked.be.