LEO STEVENS TRAPPEN: 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.
LEO STEVENS TRAPPEN
Largest movements
- Tangible fixed assets +€46,515
up €46,515 (+34.7%), from €134,174 to €180,689
of which Furniture and vehicles: +€36,383
- Receivables within one year -€29,365
down €29,365 (-39.2%), from €74,947 to €45,583
of which Other amounts receivable: -€20,952
- Stocks and contracts -€13,065
down €13,065 (-25.4%), from €51,420 to €38,355
- Debts after one year -€15,108
no longer reported in 2024 (was €15,108)
- Reserves +€11,554
up €11,554 (+6.5%), from €176,513 to €188,068
- Gross operating margin -€120,035
down €120,035 (-40.2%), from €298,555 to €178,520
- Staff costs -€73,984
down €73,984 (-35.4%), from €208,766 to €134,781
- Taxes -€11,208
down €11,208 (-58.4%), from €19,177 to €7,970
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €454,381 | €457,523 | +€3,142 | +0.7% |
| Fixed assets | 21/28 | €175,488 | €222,003 | +€46,515 | +26.5% |
| Tangible fixed assets | 22/27 | €134,174 | €180,689 | +€46,515 | +34.7% |
| Land and buildings | 22 | €112,539 | €107,802 | -€4,737 | -4.2% |
| Plant, machinery and equipment | 23 | €14,439 | €29,307 | +€14,869 | +103% |
| Furniture and vehicles | 24 | €7,197 | €43,580 | +€36,383 | +506% |
| Financial fixed assets | 28 | €41,314 | €41,314 | = | 0.0% |
| Current assets | 29/58 | €278,893 | €235,520 | -€43,373 | -15.6% |
| Stocks and contracts in progress | 3 | €51,420 | €38,355 | -€13,065 | -25.4% |
| Stocks | 30/36 | €51,420 | €38,355 | -€13,065 | -25.4% |
| Amounts receivable within one year | 40/41 | €74,947 | €45,583 | -€29,365 | -39.2% |
| Trade receivables | 40 | €51,615 | €43,202 | -€8,413 | -16.3% |
| Other amounts receivable | 41 | €23,333 | €2,381 | -€20,952 | -89.8% |
| Cash at bank and in hand | 54/58 | €152,526 | €151,583 | -€943 | -0.6% |
| Total equity and liabilities | 10/49 | €454,381 | €457,523 | +€3,142 | +0.7% |
| Equity | 10/15 | €393,877 | €405,431 | +€11,554 | +2.9% |
| Contributions | 10/11 | €71,500 | €71,500 | = | 0.0% |
| Contributions outside capital | 11 | €71,500 | - | -€71,500 | |
| Other | 1109/19 | €71,500 | - | -€71,500 | |
| Reserves | 13 | €176,513 | €188,068 | +€11,554 | +6.5% |
| Distributable reserves | 133 | €176,513 | €188,068 | +€11,554 | +6.5% |
| Profit (loss) carried forward | 14 | €145,863 | €145,863 | = | 0.0% |
| Amounts payable | 17/49 | €60,504 | €52,092 | -€8,412 | -13.9% |
| Amounts payable after more than one year | 17 | €15,108 | - | -€15,108 | |
| Financial debts | 170/4 | €15,108 | - | -€15,108 | |
| Amounts payable within one year | 42/48 | €45,397 | €52,092 | +€6,696 | +14.7% |
| Financial debts | 43 | - | €3,015 | +€3,015 | |
| Credit institutions | 430/8 | - | €3,015 | +€3,015 | |
| Trade debts | 44 | €5,843 | €5,729 | -€114 | -1.9% |
| Suppliers | 440/4 | €5,843 | €5,729 | -€114 | -1.9% |
| Taxes, remuneration and social security | 45 | €14,766 | €18,173 | +€3,408 | +23.1% |
| Taxes | 450/3 | - | €10,097 | +€10,097 | |
| Remuneration and social security | 454/9 | €14,766 | €8,076 | -€6,690 | -45.3% |
| Other amounts payable | 47/48 | €24,788 | €25,175 | +€387 | +1.6% |
| Non-recurring operating income | 76A | - | €2,660 | +€2,660 | |
| Remuneration, social security and pensions | 62 | €208,766 | €134,781 | -€73,984 | -35.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,325 | €18,975 | +€651 | +3.6% |
| Other operating charges | 640/8 | €5,204 | €5,629 | +€425 | +8.2% |
| Gross operating margin | 9900 | €298,555 | €178,520 | -€120,035 | -40.2% |
| Operating profit (loss) | 9901 | €66,260 | €19,134 | -€47,126 | -71.1% |
| Financial income | 75/76B | €487 | €670 | +€183 | +37.5% |
| Recurring financial income | 75 | €487 | €670 | +€183 | +37.5% |
| Financial charges | 65/66B | €711 | €280 | -€431 | -60.6% |
| Recurring financial charges | 65 | €711 | €280 | -€431 | -60.6% |
| Profit (loss) for the period before taxes | 9903 | €66,036 | €19,524 | -€46,512 | -70.4% |
| Income taxes | 67/77 | €19,177 | €7,970 | -€11,208 | -58.4% |
| Profit (loss) for the period | 9904 | €46,859 | €11,554 | -€35,305 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,859 | €11,554 | -€35,305 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.