OUD STEENOVEN: 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.
OUD STEENOVEN
Largest movements
- Cash +€166,401
up €166,401 (+142%), from €117,192 to €283,594
mainly Depreciation (+€90,074) and Other debts (+€75,951)
- Tangible fixed assets -€90,074
down €90,074 (-19.6%), from €459,524 to €369,450
- Deferred charges and accrued income +€7,716
up €7,716 (+364%), from €2,119 to €9,835
- Other debts +€75,951
up €75,951 (+69.9%), from €108,623 to €184,574
- Reserves +€31,873
up €31,873 (+8.2%), from €386,811 to €418,684
of which Distributable reserves: +€32,120
- Tax, wage and social debts -€22,447
down €22,447 (-96.3%), from €23,315 to €868
- Gross operating margin +€9,075
up €9,075 (+6.2%), from €145,939 to €155,014
- Financial charges +€4,072
up €4,072 (+48.1%), from €8,460 to €12,532
- Taxes +€2,348
up €2,348 (+20.4%), from €11,519 to €13,867
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 | €608,984 | €695,205 | +€86,222 | +14.2% |
| Fixed assets | 21/28 | €459,524 | €369,450 | -€90,074 | -19.6% |
| Tangible fixed assets | 22/27 | €459,524 | €369,450 | -€90,074 | -19.6% |
| Land and buildings | 22 | €259,781 | €230,910 | -€28,871 | -11.1% |
| Plant, machinery and equipment | 23 | €61,871 | €44,293 | -€17,578 | -28.4% |
| Furniture and vehicles | 24 | €137,871 | €94,247 | -€43,625 | -31.6% |
| Current assets | 29/58 | €149,460 | €325,756 | +€176,296 | +118% |
| Stocks and contracts in progress | 3 | €29,800 | €29,800 | = | 0.0% |
| Stocks | 30/36 | €29,800 | €29,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €349 | €2,527 | +€2,178 | +624% |
| Trade receivables | 40 | €349 | €0 | -€349 | -100% |
| Other amounts receivable | 41 | €0 | €2,527 | +€2,527 | |
| Cash at bank and in hand | 54/58 | €117,192 | €283,594 | +€166,401 | +142% |
| Deferred charges and accrued income | 490/1 | €2,119 | €9,835 | +€7,716 | +364% |
| Total equity and liabilities | 10/49 | €608,984 | €695,205 | +€86,222 | +14.2% |
| Equity | 10/15 | €454,811 | €486,684 | +€31,873 | +7.0% |
| Contributions | 10/11 | €68,000 | €68,000 | = | 0.0% |
| Reserves | 13 | €386,811 | €418,684 | +€31,873 | +8.2% |
| Tax-exempt reserves | 132 | €2,985 | €2,738 | -€248 | -8.3% |
| Distributable reserves | 133 | €383,826 | €415,946 | +€32,120 | +8.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €1,275 | €1,147 | -€127 | -10.0% |
| Deferred taxes | 168 | €1,275 | €1,147 | -€127 | -10.0% |
| Amounts payable | 17/49 | €152,898 | €207,374 | +€54,476 | +35.6% |
| Amounts payable within one year | 42/48 | €144,816 | €195,235 | +€50,419 | +34.8% |
| Trade debts | 44 | €12,878 | €9,793 | -€3,085 | -24.0% |
| Suppliers | 440/4 | €12,878 | €9,793 | -€3,085 | -24.0% |
| Taxes, remuneration and social security | 45 | €23,315 | €868 | -€22,447 | -96.3% |
| Taxes | 450/3 | €23,315 | €868 | -€22,447 | -96.3% |
| Other amounts payable | 47/48 | €108,623 | €184,574 | +€75,951 | +69.9% |
| Accrued charges and deferred income | 492/3 | €8,083 | €12,139 | +€4,057 | +50.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,905 | €90,074 | -€831 | -0.9% |
| Other operating charges | 640/8 | €6,560 | €6,796 | +€236 | +3.6% |
| Gross operating margin | 9900 | €145,939 | €155,014 | +€9,075 | +6.2% |
| Operating profit (loss) | 9901 | €48,474 | €58,144 | +€9,670 | +19.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €8,460 | €12,532 | +€4,072 | +48.1% |
| Recurring financial charges | 65 | €8,460 | €12,532 | +€4,072 | +48.1% |
| Profit (loss) for the period before taxes | 9903 | €40,014 | €45,612 | +€5,598 | +14.0% |
| Transfer from deferred taxes | 780 | €127 | €127 | = | 0.0% |
| Income taxes | 67/77 | €11,519 | €13,867 | +€2,348 | +20.4% |
| Profit (loss) for the period | 9904 | €28,623 | €31,873 | +€3,250 | +11.4% |
| Transfer from tax-exempt reserves | 789 | €248 | €248 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,870 | €32,120 | +€3,250 | +11.3% |
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 29 October 2026 via checked.be.