Ingrid Stevens Holding: 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.
Ingrid Stevens Holding
Largest movements
- Current investments +€1.4m
new in 2025: €1.4m
- Receivables within one year -€251,157
down €251,157 (-100%), from €251,157 to €0
- Cash +€243,429
up €243,429 (+2,129%), from €11,432 to €254,861
mainly Net result for the year (+€1.5m) and Receivables within one year (+€251,157)
- Financial fixed assets +€203,148
up €203,148 (+2.0%), from €10.1m to €10.3m
- Reserves +€1.5m
up €1.5m (+229%), from €676,700 to €2.2m
- Tax, wage and social debts +€152,155
up €152,155 (+219%), from €69,464 to €221,620
- Financial income +€937,236
up €937,236 (+112%), from €837,190 to €1.8m
- Taxes +€86,978
up €86,978 (+129%), from €67,670 to €154,648
- Gross operating margin +€28,199
up €28,199 (+35.4%), from -€79,740 to -€51,541
- Depreciation +€9,903
up €9,903 (+161%), from €6,168 to €16,071
- Financial charges -€5,304
down €5,304 (-86.8%), from €6,113 to €809
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 | €10,919,953 | €12,533,335 | +€1.6m | +14.8% |
| Fixed assets | 21/28 | €10,657,365 | €10,852,091 | +€194,727 | +1.8% |
| Tangible fixed assets | 22/27 | €575,952 | €567,531 | -€8,421 | -1.5% |
| Land and buildings | 22 | €575,952 | €559,881 | -€16,071 | -2.8% |
| Furniture and vehicles | 24 | - | €7,650 | +€7,650 | |
| Financial fixed assets | 28 | €10,081,413 | €10,284,561 | +€203,148 | +2.0% |
| Current assets | 29/58 | €262,589 | €1,681,244 | +€1.4m | +540% |
| Amounts receivable within one year | 40/41 | €251,157 | €0 | -€251,157 | -100% |
| Other amounts receivable | 41 | €251,157 | €0 | -€251,157 | -100% |
| Current investments | 50/53 | - | €1,425,110 | +€1.4m | |
| Cash at bank and in hand | 54/58 | €11,432 | €254,861 | +€243,429 | +2,129% |
| Deferred charges and accrued income | 490/1 | - | €1,274 | +€1,274 | |
| Total equity and liabilities | 10/49 | €10,919,953 | €12,533,335 | +€1.6m | +14.8% |
| Equity | 10/15 | €10,758,112 | €12,304,596 | +€1.5m | +14.4% |
| Contributions | 10/11 | €10,081,413 | €10,081,413 | = | 0.0% |
| Reserves | 13 | €676,700 | €2,223,184 | +€1.5m | +229% |
| Distributable reserves | 133 | €676,700 | €2,223,184 | +€1.5m | +229% |
| Amounts payable | 17/49 | €161,841 | €228,739 | +€66,898 | +41.3% |
| Amounts payable within one year | 42/48 | €161,401 | €228,287 | +€66,886 | +41.4% |
| Trade debts | 44 | - | €6,667 | +€6,667 | |
| Suppliers | 440/4 | - | €6,667 | +€6,667 | |
| Taxes, remuneration and social security | 45 | €69,464 | €221,620 | +€152,155 | +219% |
| Taxes | 450/3 | €69,464 | €221,620 | +€152,155 | +219% |
| Other amounts payable | 47/48 | €91,936 | €0 | -€91,936 | -100% |
| Accrued charges and deferred income | 492/3 | €441 | €453 | +€12 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,168 | €16,071 | +€9,903 | +161% |
| Other operating charges | 640/8 | €799 | €4,873 | +€4,073 | +510% |
| Gross operating margin | 9900 | -€79,740 | -€51,541 | +€28,199 | +35.4% |
| Operating profit (loss) | 9901 | -€86,707 | -€72,485 | +€14,222 | +16.4% |
| Financial income | 75/76B | €837,190 | €1,774,426 | +€937,236 | +112% |
| Recurring financial income | 75 | €837,190 | €1,774,426 | +€937,236 | +112% |
| Financial charges | 65/66B | €6,113 | €809 | -€5,304 | -86.8% |
| Recurring financial charges | 65 | €6,113 | €809 | -€5,304 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €744,370 | €1,701,132 | +€956,763 | +129% |
| Income taxes | 67/77 | €67,670 | €154,648 | +€86,978 | +129% |
| Profit (loss) for the period | 9904 | €676,700 | €1,546,484 | +€869,784 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €676,700 | €1,546,484 | +€869,784 | +129% |
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 30 October 2026 via checked.be.