Little Steps VD: 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.
Little Steps VD
Largest movements
- Tangible fixed assets +€24,321
up €24,321 (+143%), from €17,035 to €41,356
of which Furniture and vehicles: +€19,836
- Receivables within one year -€23,197
no longer reported in 2025 (was €23,197)
of which Other amounts receivable: -€22,942
- Stocks and contracts +€15,469
up €15,469 (+507%), from €3,050 to €18,519
- Cash +€3,956
up €3,956 (+123%), from €3,228 to €7,184
mainly Debts after one year (+€35,416) and Receivables within one year (+€23,197)
- Deferred charges and accrued income +€1,075
up €1,075 (+129%), from €834 to €1,910
- Debts after one year +€35,416
up €35,416 (+130%), from €27,193 to €62,609
of which Other amounts payable: +€30,000
- Profit (loss) carried forward -€33,488
down €33,488 (-205%), from -€16,310 to -€49,798
- Other debts +€7,818
up €7,818 (+51.9%), from €15,065 to €22,884
- Trade debts +€4,131
up €4,131 (+49.7%), from €8,310 to €12,441
- Tax, wage and social debts +€4,078
up €4,078 (+54.0%), from €7,547 to €11,625
- Gross operating margin -€6,612
down €6,612 (-59.1%), from -€11,188 to -€17,800
- Taxes +€5,247
up €5,247 (+2,965%), from €177 to €5,424
- Depreciation +€4,653
up €4,653 (+122%), from €3,798 to €8,451
- Financial charges +€1,012
up €1,012 (+86.7%), from €1,166 to €2,178
- Financial income +€466
up €466 (+2,420%), from €19 to €486
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 | €47,344 | €68,968 | +€21,624 | +45.7% |
| Fixed assets | 21/28 | €17,035 | €41,356 | +€24,321 | +143% |
| Tangible fixed assets | 22/27 | €17,035 | €41,356 | +€24,321 | +143% |
| Plant, machinery and equipment | 23 | €17,035 | €11,223 | -€5,812 | -34.1% |
| Furniture and vehicles | 24 | - | €19,836 | +€19,836 | |
| Other tangible fixed assets | 26 | - | €10,297 | +€10,297 | |
| Current assets | 29/58 | €30,309 | €27,612 | -€2,697 | -8.9% |
| Stocks and contracts in progress | 3 | €3,050 | €18,519 | +€15,469 | +507% |
| Stocks | 30/36 | €3,050 | €18,519 | +€15,469 | +507% |
| Amounts receivable within one year | 40/41 | €23,197 | - | -€23,197 | |
| Trade receivables | 40 | €255 | - | -€255 | |
| Other amounts receivable | 41 | €22,942 | - | -€22,942 | |
| Cash at bank and in hand | 54/58 | €3,228 | €7,184 | +€3,956 | +123% |
| Deferred charges and accrued income | 490/1 | €834 | €1,910 | +€1,075 | +129% |
| Total equity and liabilities | 10/49 | €47,344 | €68,968 | +€21,624 | +45.7% |
| Equity | 10/15 | -€15,810 | -€49,298 | -€33,488 | -212% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,310 | -€49,798 | -€33,488 | -205% |
| Amounts payable | 17/49 | €63,154 | €118,266 | +€55,112 | +87.3% |
| Amounts payable after more than one year | 17 | €27,193 | €62,609 | +€35,416 | +130% |
| Financial debts | 170/4 | €27,193 | €32,609 | +€5,416 | +19.9% |
| Other amounts payable | 178/9 | - | €30,000 | +€30,000 | |
| Amounts payable within one year | 42/48 | €35,961 | €55,657 | +€19,696 | +54.8% |
| Current portion of amounts payable after more than one year | 42 | €3,745 | €4,019 | +€274 | +7.3% |
| Financial debts | 43 | €1,294 | €4,689 | +€3,395 | +262% |
| Credit institutions | 430/8 | €1,294 | €4,689 | +€3,395 | +262% |
| Trade debts | 44 | €8,310 | €12,441 | +€4,131 | +49.7% |
| Suppliers | 440/4 | €8,310 | €12,441 | +€4,131 | +49.7% |
| Taxes, remuneration and social security | 45 | €7,547 | €11,625 | +€4,078 | +54.0% |
| Taxes | 450/3 | €7,547 | €11,625 | +€4,078 | +54.0% |
| Other amounts payable | 47/48 | €15,065 | €22,884 | +€7,818 | +51.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,798 | €8,451 | +€4,653 | +122% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | -€11,188 | -€17,800 | -€6,612 | -59.1% |
| Operating profit (loss) | 9901 | -€14,986 | -€26,372 | -€11,385 | -76.0% |
| Financial income | 75/76B | €19 | €486 | +€466 | +2,420% |
| Recurring financial income | 75 | €19 | €486 | +€466 | +2,420% |
| Financial charges | 65/66B | €1,166 | €2,178 | +€1,012 | +86.7% |
| Recurring financial charges | 65 | €1,166 | €2,178 | +€1,012 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | -€16,133 | -€28,064 | -€11,930 | -73.9% |
| Income taxes | 67/77 | €177 | €5,424 | +€5,247 | +2,965% |
| Profit (loss) for the period | 9904 | -€16,310 | -€33,488 | -€17,178 | -105% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,310 | -€33,488 | -€17,178 | -105% |
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 23 October 2026 via checked.be.