Steadylink: what changed
Two fiscal 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.
Steadylink
Largest movements
- Current investments +€9,500
up €9,500 (+75.3%), from €12,620 to €22,119
- Cash -€6,617
down €6,617 (-54.6%), from €12,114 to €5,497
mainly Current investments (-€9,500) and Other debts (-€4,301)
- Tangible fixed assets -€4,543
down €4,543 (-27.1%), from €16,738 to €12,195
of which Furniture and vehicles: -€7,677
- Receivables within one year +€2,783
up €2,783 (+204.1%), from €1,364 to €4,147
of which Other amounts receivable: +€2,759
- Deferred charges and accrued income -€1,558
down €1,558 (-42.5%), from €3,669 to €2,110
- Reserves +€5,753
up €5,753 (+31.3%), from €18,405 to €24,158
of which Distributable reserves: +€5,753
- Other debts -€4,301
down €4,301 (-79.5%), from €5,413 to €1,112
- Tax, wage and social debts -€1,437
down €1,437 (-58.4%), from €2,461 to €1,024
of which Taxes: -€1,799
- Accrued charges and deferred income -€1,205
down €1,205 (-100.0%), from €1,205 to €0
- Trade debts +€639
up €639 (+152.2%), from €420 to €1,060
- Gross operating margin -€19,336
down €19,336 (-51.7%), from €37,382 to €18,046
- Depreciation -€3,689
down €3,689 (-30.2%), from €12,202 to €8,514
- Other operating charges -€859
down €859 (-52.3%), from €1,642 to €783
- Taxes -€724
down €724 (-19.9%), from €3,647 to €2,923
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 | €46,504 | €46,068 | -€436 | -0.9% |
| Fixed assets | 21/28 | €16,738 | €12,195 | -€4,543 | -27.1% |
| Tangible fixed assets | 22/27 | €16,738 | €12,195 | -€4,543 | -27.1% |
| Plant, machinery and equipment | 23 | €1,185 | €4,319 | +€3,134 | +264.5% |
| Furniture and vehicles | 24 | €15,553 | €7,876 | -€7,677 | -49.4% |
| Current assets | 29/58 | €29,765 | €33,873 | +€4,107 | +13.8% |
| Amounts receivable within one year | 40/41 | €1,364 | €4,147 | +€2,783 | +204.1% |
| Trade receivables | 40 | €0 | €24 | +€24 | |
| Other amounts receivable | 41 | €1,364 | €4,122 | +€2,759 | +202.3% |
| Current investments | 50/53 | €12,620 | €22,119 | +€9,500 | +75.3% |
| Cash at bank and in hand | 54/58 | €12,114 | €5,497 | -€6,617 | -54.6% |
| Deferred charges and accrued income | 490/1 | €3,669 | €2,110 | -€1,558 | -42.5% |
| Total equity and liabilities | 10/49 | €46,504 | €46,068 | -€436 | -0.9% |
| Equity | 10/15 | €37,005 | €42,758 | +€5,753 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,405 | €24,158 | +€5,753 | +31.3% |
| 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 | €16,545 | €22,298 | +€5,753 | +34.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €9,499 | €3,309 | -€6,189 | -65.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €8,294 | €3,309 | -€4,985 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €114 | +€114 | |
| Credit institutions | 430/8 | - | €114 | +€114 | |
| Trade debts | 44 | €420 | €1,060 | +€639 | +152.2% |
| Suppliers | 440/4 | €420 | €1,060 | +€639 | +152.2% |
| Taxes, remuneration and social security | 45 | €2,461 | €1,024 | -€1,437 | -58.4% |
| Taxes | 450/3 | €2,461 | €662 | -€1,799 | -73.1% |
| Remuneration and social security | 454/9 | €0 | €362 | +€362 | |
| Other amounts payable | 47/48 | €5,413 | €1,112 | -€4,301 | -79.5% |
| Accrued charges and deferred income | 492/3 | €1,205 | €0 | -€1,205 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,202 | €8,514 | -€3,689 | -30.2% |
| Other operating charges | 640/8 | €1,642 | €783 | -€859 | -52.3% |
| Gross operating margin | 9900 | €37,382 | €18,046 | -€19,336 | -51.7% |
| Operating profit (loss) | 9901 | €23,538 | €8,750 | -€14,788 | -62.8% |
| Financial income | 75/76B | €33 | €6 | -€28 | -83.5% |
| Recurring financial income | 75 | €33 | €6 | -€28 | -83.5% |
| Financial charges | 65/66B | €329 | €79 | -€250 | -75.9% |
| Recurring financial charges | 65 | €329 | €79 | -€250 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €23,242 | €8,676 | -€14,566 | -62.7% |
| Income taxes | 67/77 | €3,647 | €2,923 | -€724 | -19.9% |
| Profit (loss) for the period | 9904 | €19,596 | €5,753 | -€13,842 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,596 | €5,753 | -€13,842 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.