STEBO CONSTRUCT: 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.
STEBO CONSTRUCT
Largest movements
- Receivables within one year +€9,850
up €9,850 (+16.6%), from €59,408 to €69,258
of which Trade receivables: +€10,680
- Tangible fixed assets -€7,122
down €7,122 (-20.6%), from €34,596 to €27,474
- Cash -€5,201
no longer reported in 2025 (was €5,201)
mainly Net result for the year (-€10,420) and Receivables within one year (-€9,850)
- Trade debts +€11,424
up €11,424 (+81.3%), from €14,052 to €25,476
- Reserves -€9,001
down €9,001 (-24.1%), from €37,334 to €28,333
- Debts after one year -€6,399
down €6,399 (-22.3%), from €28,732 to €22,333
- Short-term financial debts +€2,496
new in 2025: €2,496
- Profit (loss) carried forward -€1,419
new in 2025: -€1,419
- Gross operating margin -€24,054
down €24,054 (-96.9%), from €24,823 to €769
- Depreciation +€6,110
up €6,110 (+603.8%), from €1,012 to €7,122
- Taxes -€5,848
no longer reported in 2025 (was €5,848)
- Financial charges +€1,516
up €1,516 (+205.4%), from €738 to €2,254
- Other operating charges +€945
up €945 (+105.1%), from €899 to €1,844
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 | €99,205 | €96,732 | -€2,473 | -2.5% |
| Fixed assets | 21/28 | €34,596 | €27,474 | -€7,122 | -20.6% |
| Tangible fixed assets | 22/27 | €34,596 | €27,474 | -€7,122 | -20.6% |
| Leasing and similar rights | 25 | €34,596 | €27,474 | -€7,122 | -20.6% |
| Current assets | 29/58 | €64,609 | €69,258 | +€4,649 | +7.2% |
| Amounts receivable within one year | 40/41 | €59,408 | €69,258 | +€9,850 | +16.6% |
| Trade receivables | 40 | €18,644 | €29,324 | +€10,680 | +57.3% |
| Other amounts receivable | 41 | €40,764 | €39,934 | -€830 | -2.0% |
| Cash at bank and in hand | 54/58 | €5,201 | - | -€5,201 | |
| Total equity and liabilities | 10/49 | €99,205 | €96,732 | -€2,473 | -2.5% |
| Equity | 10/15 | €44,334 | €33,914 | -€10,420 | -23.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €37,334 | €28,333 | -€9,001 | -24.1% |
| Distributable reserves | 133 | €37,334 | €28,333 | -€9,001 | -24.1% |
| Profit (loss) carried forward | 14 | - | -€1,419 | -€1,419 | |
| Amounts payable | 17/49 | €54,871 | €62,818 | +€7,947 | +14.5% |
| Amounts payable after more than one year | 17 | €28,732 | €22,333 | -€6,399 | -22.3% |
| Financial debts | 170/4 | €28,732 | €22,333 | -€6,399 | -22.3% |
| Amounts payable within one year | 42/48 | €26,139 | €40,485 | +€14,346 | +54.9% |
| Current portion of amounts payable after more than one year | 42 | €5,928 | €6,354 | +€426 | +7.2% |
| Financial debts | 43 | - | €2,496 | +€2,496 | |
| Credit institutions | 430/8 | - | €2,496 | +€2,496 | |
| Trade debts | 44 | €14,052 | €25,476 | +€11,424 | +81.3% |
| Suppliers | 440/4 | €14,052 | €25,476 | +€11,424 | +81.3% |
| Taxes, remuneration and social security | 45 | €6,159 | €6,159 | = | 0.0% |
| Taxes | 450/3 | €6,159 | €6,159 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,012 | €7,122 | +€6,110 | +603.8% |
| Other operating charges | 640/8 | €899 | €1,844 | +€945 | +105.1% |
| Gross operating margin | 9900 | €24,823 | €769 | -€24,054 | -96.9% |
| Operating profit (loss) | 9901 | €22,912 | -€8,197 | -€31,109 | |
| Financial income | 75/76B | €1 | €31 | +€30 | +3000.0% |
| Recurring financial income | 75 | €1 | €31 | +€30 | +3000.0% |
| Financial charges | 65/66B | €738 | €2,254 | +€1,516 | +205.4% |
| Recurring financial charges | 65 | €738 | €2,254 | +€1,516 | +205.4% |
| Profit (loss) for the period before taxes | 9903 | €22,175 | -€10,420 | -€32,595 | |
| Income taxes | 67/77 | €5,848 | - | -€5,848 | |
| Profit (loss) for the period | 9904 | €16,327 | -€10,420 | -€26,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,327 | -€10,420 | -€26,747 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.