S.T.-E.P.: what changed
S.T.-E.P.
Largest movements
- Cash -€11,268
down €11,268 (-32.2%), from €34,950 to €23,682
mainly Receivables within one year (-€9,623) and Net result for the year (-€7,708)
- Receivables within one year +€9,623
up €9,623 (+313%), from €3,070 to €12,693
of which Trade receivables: +€9,623
- Financial fixed assets +€5,000
up €5,000 (+3,125%), from €160 to €5,160
- Tax, wage and social debts +€9,119
up €9,119 (+94.2%), from €9,677 to €18,796
of which Taxes: +€5,707
- Profit (loss) carried forward -€7,708
down €7,708 (-798%), from -€966 to -€8,674
- Trade debts +€4,300
up €4,300 (+170%), from €2,527 to €6,827
- Other debts -€2,683
down €2,683 (-10.7%), from €25,100 to €22,417
- Gross operating margin -€26,658
down €26,658, from €23,395 to -€3,263
- Purchases and services +€18,509
up €18,509 (+23.3%), from €79,477 to €97,986
- Turnover -€8,149
down €8,149 (-7.9%), from €102,656 to €94,507
- Taxes -€5,887
down €5,887 (-99.0%), from €5,947 to €60
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 | €44,398 | €47,426 | +€3,028 | +6.8% |
| Fixed assets | 21/28 | €6,377 | €11,051 | +€4,673 | +73.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,217 | €5,891 | -€327 | -5.3% |
| Plant, machinery and equipment | 23 | €1,187 | €823 | -€364 | -30.7% |
| Furniture and vehicles | 24 | €5,030 | €5,068 | +€38 | +0.7% |
| Financial fixed assets | 28 | €160 | €5,160 | +€5,000 | +3,125% |
| Current assets | 29/58 | €38,021 | €36,375 | -€1,645 | -4.3% |
| Amounts receivable within one year | 40/41 | €3,070 | €12,693 | +€9,623 | +313% |
| Trade receivables | 40 | €3,070 | €12,693 | +€9,623 | +313% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €34,950 | €23,682 | -€11,268 | -32.2% |
| Total equity and liabilities | 10/49 | €44,398 | €47,426 | +€3,028 | +6.8% |
| Equity | 10/15 | €7,094 | -€614 | -€7,708 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€966 | -€8,674 | -€7,708 | -798% |
| Amounts payable | 17/49 | €37,304 | €48,040 | +€10,736 | +28.8% |
| Amounts payable within one year | 42/48 | €37,304 | €48,040 | +€10,736 | +28.8% |
| Trade debts | 44 | €2,527 | €6,827 | +€4,300 | +170% |
| Suppliers | 440/4 | €2,527 | €6,827 | +€4,300 | +170% |
| Taxes, remuneration and social security | 45 | €9,677 | €18,796 | +€9,119 | +94.2% |
| Taxes | 450/3 | €9,339 | €15,046 | +€5,707 | +61.1% |
| Remuneration and social security | 454/9 | €338 | €3,750 | +€3,412 | +1,010% |
| Other amounts payable | 47/48 | €25,100 | €22,417 | -€2,683 | -10.7% |
| Turnover | 70 | €102,656 | €94,507 | -€8,149 | -7.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €79,477 | €97,986 | +€18,509 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,906 | €2,206 | +€299 | +15.7% |
| Other operating charges | 640/8 | €1,013 | €1,741 | +€728 | +71.8% |
| Gross operating margin | 9900 | €23,395 | -€3,263 | -€26,658 | |
| Operating profit (loss) | 9901 | €20,476 | -€7,209 | -€27,685 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +3,089% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +3,089% |
| Financial charges | 65/66B | €290 | €445 | +€155 | +53.4% |
| Recurring financial charges | 65 | €290 | €445 | +€155 | +53.4% |
| Profit (loss) for the period before taxes | 9903 | €20,186 | -€7,648 | -€27,834 | |
| Income taxes | 67/77 | €5,947 | €60 | -€5,887 | -99.0% |
| Profit (loss) for the period | 9904 | €14,239 | -€7,708 | -€21,947 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,239 | -€7,708 | -€21,947 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.