Profile Stevens: 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.
Profile Stevens
Largest movements
- Current investments +€75,000
new in 2025: €75,000
- Stocks and contracts -€39,853
down €39,853 (-23.9%), from €167,043 to €127,190
- Tangible fixed assets -€23,363
down €23,363 (-15.0%), from €155,595 to €132,232
of which Furniture and vehicles: -€13,431
- Cash +€11,641
up €11,641 (+8.5%), from €137,622 to €149,263
mainly Stocks and contracts (+€39,853) and Net result for the year (+€39,691)
- Tax, wage and social debts +€24,639
up €24,639 (+188%), from €13,139 to €37,777
- Trade debts +€14,410
up €14,410 (+75.0%), from €19,206 to €33,616
- Debts after one year -€13,656
down €13,656 (-17.4%), from €78,270 to €64,614
- Gross operating margin +€38,198
up €38,198 (+80.2%), from €47,601 to €85,799
- Taxes +€13,101
up €13,101 (+339%), from €3,869 to €16,970
- Depreciation -€5,844
down €5,844 (-20.0%), from €29,206 to €23,363
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 | €483,398 | €509,244 | +€25,846 | +5.3% |
| Fixed assets | 21/28 | €159,452 | €136,089 | -€23,363 | -14.7% |
| Tangible fixed assets | 22/27 | €155,595 | €132,232 | -€23,363 | -15.0% |
| Land and buildings | 22 | €93,581 | €86,983 | -€6,598 | -7.1% |
| Plant, machinery and equipment | 23 | €16,262 | €12,928 | -€3,333 | -20.5% |
| Furniture and vehicles | 24 | €45,751 | €32,320 | -€13,431 | -29.4% |
| Financial fixed assets | 28 | €3,857 | €3,857 | = | 0.0% |
| Current assets | 29/58 | €323,947 | €373,156 | +€49,209 | +15.2% |
| Stocks and contracts in progress | 3 | €167,043 | €127,190 | -€39,853 | -23.9% |
| Stocks | 30/36 | €167,043 | €127,190 | -€39,853 | -23.9% |
| Amounts receivable within one year | 40/41 | €19,281 | €21,703 | +€2,421 | +12.6% |
| Trade receivables | 40 | €18,125 | €21,682 | +€3,557 | +19.6% |
| Other amounts receivable | 41 | €1,156 | €20 | -€1,136 | -98.3% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €137,622 | €149,263 | +€11,641 | +8.5% |
| Total equity and liabilities | 10/49 | €483,398 | €509,244 | +€25,846 | +5.3% |
| Equity | 10/15 | €353,860 | €356,892 | +€3,032 | +0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €347,660 | €350,692 | +€3,032 | +0.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €345,800 | €348,832 | +€3,032 | +0.9% |
| Amounts payable | 17/49 | €129,538 | €152,352 | +€22,814 | +17.6% |
| Amounts payable after more than one year | 17 | €78,270 | €64,614 | -€13,656 | -17.4% |
| Financial debts | 170/4 | €78,270 | €64,614 | -€13,656 | -17.4% |
| Amounts payable within one year | 42/48 | €51,268 | €87,738 | +€36,470 | +71.1% |
| Current portion of amounts payable after more than one year | 42 | €12,528 | €13,656 | +€1,128 | +9.0% |
| Trade debts | 44 | €19,206 | €33,616 | +€14,410 | +75.0% |
| Suppliers | 440/4 | €19,206 | €33,616 | +€14,410 | +75.0% |
| Taxes, remuneration and social security | 45 | €13,139 | €37,777 | +€24,639 | +188% |
| Taxes | 450/3 | €13,139 | €37,777 | +€24,639 | +188% |
| Other amounts payable | 47/48 | €6,394 | €2,688 | -€3,706 | -58.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,206 | €23,363 | -€5,844 | -20.0% |
| Other operating charges | 640/8 | €3,353 | €3,771 | +€418 | +12.5% |
| Gross operating margin | 9900 | €47,601 | €85,799 | +€38,198 | +80.2% |
| Operating profit (loss) | 9901 | €15,042 | €58,665 | +€43,624 | +290% |
| Financial income | 75/76B | €159 | €126 | -€33 | -20.7% |
| Recurring financial income | 75 | €159 | €126 | -€33 | -20.7% |
| Financial charges | 65/66B | €2,042 | €2,130 | +€89 | +4.4% |
| Recurring financial charges | 65 | €2,042 | €2,130 | +€89 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €13,159 | €56,662 | +€43,502 | +331% |
| Income taxes | 67/77 | €3,869 | €16,970 | +€13,101 | +339% |
| Profit (loss) for the period | 9904 | €9,290 | €39,691 | +€30,401 | +327% |
| Profit (loss) for the period to be appropriated | 9905 | €9,290 | €39,691 | +€30,401 | +327% |
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 15 October 2026 via checked.be.