STEACO 15: 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.
STEACO 15
Largest movements
- Receivables within one year +€39,364
up €39,364 (+400.0%), from €9,840 to €49,204
of which Trade receivables: +€37,926
- Cash +€4,519
up €4,519 (+19.2%), from €23,497 to €28,016
mainly Trade debts (+€48,138) and Current portion of long-term debt (+€14,532)
- Stocks and contracts -€2,850
down €2,850 (-30.1%), from €9,480 to €6,630
- Tangible fixed assets +€1,527
up €1,527 (+35.5%), from €4,298 to €5,825
of which Plant, machinery and equipment: +€2,121
- Trade debts +€48,138
up €48,138 (+158.0%), from €30,470 to €78,608
- Other debts -€21,709
down €21,709 (-64.6%), from €33,598 to €11,889
- Current portion of long-term debt +€14,532
up €14,532 (+65.4%), from €22,206 to €36,738
- Profit (loss) carried forward +€10,652
up €10,652 (+14.0%), from -€76,098 to -€65,446
- Tax, wage and social debts -€5,764
down €5,764 (-22.9%), from €25,207 to €19,443
of which Remuneration and social security: -€8,732
- Purchases and services +€393,254
up €393,254 (+11429.2%), from €3,441 to €396,695
- Turnover +€85,751
up €85,751 (+18.2%), from €471,301 to €557,052
- Gross operating margin +€22,295
up €22,295 (+13.1%), from €169,558 to €191,853
- Staff costs -€7,202
down €7,202 (-4.1%), from €173,567 to €166,365
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.
Cash bridge derived
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 | €59,615 | €102,176 | +€42,561 | +71.4% |
| Fixed assets | 21/28 | €16,798 | €18,325 | +€1,527 | +9.1% |
| Tangible fixed assets | 22/27 | €4,298 | €5,825 | +€1,527 | +35.5% |
| Plant, machinery and equipment | 23 | €2,369 | €4,490 | +€2,121 | +89.6% |
| Other tangible fixed assets | 26 | €1,929 | €1,335 | -€594 | -30.8% |
| Financial fixed assets | 28 | €12,500 | €12,500 | = | 0.0% |
| Current assets | 29/58 | €42,817 | €83,850 | +€41,033 | +95.8% |
| Stocks and contracts in progress | 3 | €9,480 | €6,630 | -€2,850 | -30.1% |
| Stocks | 30/36 | €9,480 | €6,630 | -€2,850 | -30.1% |
| Amounts receivable within one year | 40/41 | €9,840 | €49,204 | +€39,364 | +400.0% |
| Trade receivables | 40 | €9,840 | €47,766 | +€37,926 | +385.4% |
| Other amounts receivable | 41 | - | €1,438 | +€1,438 | |
| Cash at bank and in hand | 54/58 | €23,497 | €28,016 | +€4,519 | +19.2% |
| Total equity and liabilities | 10/49 | €59,615 | €102,176 | +€42,561 | +71.4% |
| Equity | 10/15 | -€55,638 | -€44,986 | +€10,652 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | - | €18,600 | +€18,600 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,098 | -€65,446 | +€10,652 | +14.0% |
| Amounts payable | 17/49 | €115,253 | €147,162 | +€31,909 | +27.7% |
| Amounts payable within one year | 42/48 | €115,253 | €147,162 | +€31,909 | +27.7% |
| Current portion of amounts payable after more than one year | 42 | €22,206 | €36,738 | +€14,532 | +65.4% |
| Financial debts | 43 | €3,773 | €484 | -€3,289 | -87.2% |
| Credit institutions | 430/8 | €3,773 | €484 | -€3,289 | -87.2% |
| Trade debts | 44 | €30,470 | €78,608 | +€48,138 | +158.0% |
| Suppliers | 440/4 | €30,470 | €78,608 | +€48,138 | +158.0% |
| Taxes, remuneration and social security | 45 | €25,207 | €19,443 | -€5,764 | -22.9% |
| Taxes | 450/3 | €8,770 | €11,738 | +€2,968 | +33.8% |
| Remuneration and social security | 454/9 | €16,437 | €7,705 | -€8,732 | -53.1% |
| Other amounts payable | 47/48 | €33,598 | €11,889 | -€21,709 | -64.6% |
| Turnover | 70 | €471,301 | €557,052 | +€85,751 | +18.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,441 | €396,695 | +€393,254 | +11429.2% |
| Remuneration, social security and pensions | 62 | €173,567 | €166,365 | -€7,202 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,358 | €1,565 | +€206 | +15.2% |
| Other operating charges | 640/8 | €3,246 | €8,783 | +€5,538 | +170.6% |
| Gross operating margin | 9900 | €169,558 | €191,853 | +€22,295 | +13.1% |
| Operating profit (loss) | 9901 | -€8,613 | €15,139 | +€23,752 | |
| Financial income | 75/76B | €429 | €2,152 | +€1,723 | +401.2% |
| Recurring financial income | 75 | €429 | €2,152 | +€1,723 | +401.2% |
| Financial charges | 65/66B | €3,348 | €6,484 | +€3,135 | +93.6% |
| Recurring financial charges | 65 | €3,348 | €6,484 | +€3,135 | +93.6% |
| Profit (loss) for the period before taxes | 9903 | -€11,532 | €10,807 | +€22,339 | |
| Income taxes | 67/77 | €165 | €155 | -€10 | -5.9% |
| Profit (loss) for the period | 9904 | -€11,697 | €10,652 | +€22,349 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,697 | €10,652 | +€22,349 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.