LeSteak '17: what changed
LeSteak '17
Largest movements
- Cash -€50,604
down €50,604 (-58.3%), from €86,812 to €36,208
mainly Current portion of long-term debt (-€33,699) and Trade debts (-€20,572)
- Receivables within one year -€26,093
down €26,093 (-86.7%), from €30,087 to €3,994
of which Other amounts receivable: -€17,735
- Tangible fixed assets -€19,055
down €19,055 (-12.0%), from €159,048 to €139,992
of which Plant, machinery and equipment: -€11,992
- Deferred charges and accrued income +€4,262
up €4,262 (+74.9%), from €5,693 to €9,955
- Current portion of long-term debt -€33,699
down €33,699 (-63.5%), from €53,031 to €19,332
- Trade debts -€20,572
down €20,572 (-49.9%), from €41,203 to €20,632
- Profit (loss) carried forward -€15,993
down €15,993 (-17.1%), from €93,535 to €77,541
- Debts after one year -€11,920
down €11,920 (-30.7%), from €38,763 to €26,844
- Tax, wage and social debts -€7,744
down €7,744 (-22.1%), from €35,040 to €27,296
of which Taxes: -€4,371
- Gross operating margin -€16,857
down €16,857 (-7.6%), from €221,539 to €204,682
- Staff costs -€7,772
down €7,772 (-4.0%), from €194,427 to €186,655
- Financial charges -€4,993
down €4,993 (-52.5%), from €9,507 to €4,514
- Depreciation +€3,605
up €3,605 (+17.7%), from €20,345 to €23,950
- Other operating charges +€2,652
up €2,652 (+98.3%), from €2,697 to €5,349
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €307,710 | €216,635 | -€91,075 | -29.6% |
| Fixed assets | 21/28 | €161,859 | €143,219 | -€18,640 | -11.5% |
| Intangible fixed assets | 21 | €2,271 | €2,687 | +€415 | +18.3% |
| Tangible fixed assets | 22/27 | €159,048 | €139,992 | -€19,055 | -12.0% |
| Plant, machinery and equipment | 23 | €80,755 | €68,763 | -€11,992 | -14.9% |
| Furniture and vehicles | 24 | €7,145 | €5,660 | -€1,485 | -20.8% |
| Other tangible fixed assets | 26 | €71,148 | €65,570 | -€5,578 | -7.8% |
| Financial fixed assets | 28 | €540 | €540 | = | 0.0% |
| Current assets | 29/58 | €145,851 | €73,416 | -€72,435 | -49.7% |
| Stocks and contracts in progress | 3 | €7,259 | €7,259 | = | 0.0% |
| Stocks | 30/36 | €7,259 | €7,259 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,087 | €3,994 | -€26,093 | -86.7% |
| Trade receivables | 40 | €8,726 | €368 | -€8,358 | -95.8% |
| Other amounts receivable | 41 | €21,360 | €3,626 | -€17,735 | -83.0% |
| Current investments | 50/53 | €16,000 | €16,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,812 | €36,208 | -€50,604 | -58.3% |
| Deferred charges and accrued income | 490/1 | €5,693 | €9,955 | +€4,262 | +74.9% |
| Total equity and liabilities | 10/49 | €307,710 | €216,635 | -€91,075 | -29.6% |
| Equity | 10/15 | €124,771 | €108,778 | -€15,993 | -12.8% |
| Contributions | 10/11 | €8,680 | €8,680 | = | 0.0% |
| Reserves | 13 | €22,556 | €22,556 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,000 | €16,000 | = | 0.0% |
| Own shares acquired | 1312 | €16,000 | €16,000 | = | 0.0% |
| Distributable reserves | 133 | €6,556 | €6,556 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,535 | €77,541 | -€15,993 | -17.1% |
| Amounts payable | 17/49 | €182,939 | €107,857 | -€75,082 | -41.0% |
| Amounts payable after more than one year | 17 | €38,763 | €26,844 | -€11,920 | -30.7% |
| Financial debts | 170/4 | €38,763 | €26,844 | -€11,920 | -30.7% |
| Amounts payable within one year | 42/48 | €144,175 | €81,013 | -€63,162 | -43.8% |
| Current portion of amounts payable after more than one year | 42 | €53,031 | €19,332 | -€33,699 | -63.5% |
| Trade debts | 44 | €41,203 | €20,632 | -€20,572 | -49.9% |
| Suppliers | 440/4 | €41,203 | €20,632 | -€20,572 | -49.9% |
| Advances received on contracts in progress | 46 | €526 | €1,161 | +€635 | +121% |
| Taxes, remuneration and social security | 45 | €35,040 | €27,296 | -€7,744 | -22.1% |
| Taxes | 450/3 | €8,258 | €3,887 | -€4,371 | -52.9% |
| Remuneration and social security | 454/9 | €26,782 | €23,409 | -€3,373 | -12.6% |
| Other amounts payable | 47/48 | €14,375 | €12,593 | -€1,782 | -12.4% |
| Remuneration, social security and pensions | 62 | €194,427 | €186,655 | -€7,772 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,345 | €23,950 | +€3,605 | +17.7% |
| Other operating charges | 640/8 | €2,697 | €5,349 | +€2,652 | +98.3% |
| Gross operating margin | 9900 | €221,539 | €204,682 | -€16,857 | -7.6% |
| Operating profit (loss) | 9901 | €4,069 | -€11,272 | -€15,341 | |
| Financial income | 75/76B | €355 | €114 | -€242 | -68.0% |
| Recurring financial income | 75 | €355 | €114 | -€242 | -68.0% |
| Financial charges | 65/66B | €9,507 | €4,514 | -€4,993 | -52.5% |
| Recurring financial charges | 65 | €9,507 | €4,514 | -€4,993 | -52.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,083 | -€15,672 | -€10,590 | -208% |
| Income taxes | 67/77 | €314 | €321 | +€7 | +2.2% |
| Profit (loss) for the period | 9904 | -€5,397 | -€15,993 | -€10,597 | -196% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,397 | -€15,993 | -€10,597 | -196% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.