Maison Stéphanie: 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.
Maison Stéphanie
Largest movements
- Tangible fixed assets +€60,932
up €60,932 (+93.9%), from €64,913 to €125,844
of which Furniture and vehicles: +€72,176
- Receivables within one year +€6,374
up €6,374 (+113%), from €5,624 to €11,997
of which Trade receivables: +€4,864
- Cash -€4,666
down €4,666 (-70.3%), from €6,637 to €1,971
mainly Investment in fixed assets (net) (-€78,537) and Trade debts (-€11,425)
- Deferred charges and accrued income +€2,182
up €2,182 (+353%), from €618 to €2,800
- Other debts +€81,350
up €81,350 (+129%), from €62,866 to €144,216
- Trade debts -€11,425
down €11,425 (-60.1%), from €19,014 to €7,589
- Current portion of long-term debt -€4,806
down €4,806 (-100%), from €4,806 to €0
- Tax, wage and social debts -€1,653
down €1,653 (-75.0%), from €2,206 to €552
- Gross operating margin +€19,297
up €19,297 (+515%), from €3,750 to €23,047
- Other operating charges +€2,609
up €2,609 (+149%), from €1,748 to €4,357
- Depreciation -€2,320
down €2,320 (-11.6%), from €19,926 to €17,605
- Financial charges -€608
down €608 (-71.0%), from €856 to €248
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 | €92,791 | €156,813 | +€64,021 | +69.0% |
| Fixed assets | 21/28 | €64,913 | €125,844 | +€60,932 | +93.9% |
| Tangible fixed assets | 22/27 | €64,913 | €125,844 | +€60,932 | +93.9% |
| Land and buildings | 22 | €58,051 | €49,533 | -€8,518 | -14.7% |
| Plant, machinery and equipment | 23 | €5,046 | €2,320 | -€2,726 | -54.0% |
| Furniture and vehicles | 24 | €1,816 | €73,991 | +€72,176 | +3,975% |
| Current assets | 29/58 | €27,879 | €30,968 | +€3,090 | +11.1% |
| Stocks and contracts in progress | 3 | €15,000 | €14,200 | -€800 | -5.3% |
| Stocks | 30/36 | €15,000 | €14,200 | -€800 | -5.3% |
| Amounts receivable within one year | 40/41 | €5,624 | €11,997 | +€6,374 | +113% |
| Trade receivables | 40 | €5,624 | €10,488 | +€4,864 | +86.5% |
| Other amounts receivable | 41 | - | €1,510 | +€1,510 | |
| Cash at bank and in hand | 54/58 | €6,637 | €1,971 | -€4,666 | -70.3% |
| Deferred charges and accrued income | 490/1 | €618 | €2,800 | +€2,182 | +353% |
| Total equity and liabilities | 10/49 | €92,791 | €156,813 | +€64,021 | +69.0% |
| Equity | 10/15 | €621 | €1,457 | +€836 | +135% |
| Contributions | 10/11 | €143,600 | €143,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€142,979 | -€142,143 | +€836 | +0.6% |
| Amounts payable | 17/49 | €92,170 | €155,355 | +€63,185 | +68.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €92,145 | €155,330 | +€63,185 | +68.6% |
| Current portion of amounts payable after more than one year | 42 | €4,806 | €0 | -€4,806 | -100% |
| Trade debts | 44 | €19,014 | €7,589 | -€11,425 | -60.1% |
| Suppliers | 440/4 | €19,014 | €7,589 | -€11,425 | -60.1% |
| Advances received on contracts in progress | 46 | €3,254 | €2,973 | -€281 | -8.6% |
| Taxes, remuneration and social security | 45 | €2,206 | €552 | -€1,653 | -75.0% |
| Taxes | 450/3 | €2,206 | €552 | -€1,653 | -75.0% |
| Other amounts payable | 47/48 | €62,866 | €144,216 | +€81,350 | +129% |
| Accrued charges and deferred income | 492/3 | €25 | €25 | = | 0.0% |
| Non-recurring operating income | 76A | - | €21,791 | +€21,791 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,926 | €17,605 | -€2,320 | -11.6% |
| Other operating charges | 640/8 | €1,748 | €4,357 | +€2,609 | +149% |
| Gross operating margin | 9900 | €3,750 | €23,047 | +€19,297 | +515% |
| Operating profit (loss) | 9901 | -€17,924 | €1,084 | +€19,009 | |
| Financial income | 75/76B | €6 | €0 | -€6 | -99.7% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -99.7% |
| Financial charges | 65/66B | €856 | €248 | -€608 | -71.0% |
| Recurring financial charges | 65 | €856 | €248 | -€608 | -71.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,775 | €836 | +€19,611 | |
| Income taxes | 67/77 | €152 | €0 | -€152 | -99.9% |
| Profit (loss) for the period | 9904 | -€18,927 | €836 | +€19,763 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,927 | €836 | +€19,763 |
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 27 October 2026 via checked.be.