Stebon: 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.
Stebon
Largest movements
- Cash +€23,231
up €23,231 (+30.3%), from €76,612 to €99,842
mainly Net result for the year (+€127,730) and Receivables within one year (+€11,891)
- Receivables within one year -€11,891
down €11,891 (-18.2%), from €65,290 to €53,399
of which Other amounts receivable: -€11,647
- Tax, wage and social debts +€7,632
up €7,632 (+41.5%), from €18,390 to €26,022
- Reserves +€4,149
up €4,149 (+3.4%), from €123,581 to €127,730
- Gross operating margin +€11,650
up €11,650 (+7.6%), from €154,121 to €165,772
- Taxes +€2,794
up €2,794 (+8.2%), from €34,101 to €36,895
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 | €144,094 | €155,410 | +€11,316 | +7.9% |
| Current assets | 29/58 | €144,094 | €155,410 | +€11,316 | +7.9% |
| Amounts receivable within one year | 40/41 | €65,290 | €53,399 | -€11,891 | -18.2% |
| Trade receivables | 40 | €50,290 | €50,046 | -€244 | -0.5% |
| Other amounts receivable | 41 | €15,000 | €3,353 | -€11,647 | -77.6% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €76,612 | €99,842 | +€23,231 | +30.3% |
| Deferred charges and accrued income | 490/1 | €2,193 | €2,169 | -€24 | -1.1% |
| Total equity and liabilities | 10/49 | €144,094 | €155,410 | +€11,316 | +7.9% |
| Equity | 10/15 | €123,881 | €128,030 | +€4,149 | +3.3% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Reserves | 13 | €123,581 | €127,730 | +€4,149 | +3.4% |
| Distributable reserves | 133 | €123,581 | €127,730 | +€4,149 | +3.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €20,213 | €27,381 | +€7,168 | +35.5% |
| Amounts payable within one year | 42/48 | €20,087 | €27,381 | +€7,294 | +36.3% |
| Trade debts | 44 | €1,226 | €1,359 | +€133 | +10.8% |
| Suppliers | 440/4 | €1,226 | €1,359 | +€133 | +10.8% |
| Taxes, remuneration and social security | 45 | €18,390 | €26,022 | +€7,632 | +41.5% |
| Taxes | 450/3 | €18,390 | €26,022 | +€7,632 | +41.5% |
| Other amounts payable | 47/48 | €471 | €0 | -€471 | -100.0% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Other operating charges | 640/8 | €347 | €655 | +€307 | +88.6% |
| Gross operating margin | 9900 | €154,121 | €165,772 | +€11,650 | +7.6% |
| Operating profit (loss) | 9901 | €153,774 | €165,117 | +€11,343 | +7.4% |
| Financial income | 75/76B | €1,242 | €300 | -€942 | -75.8% |
| Recurring financial income | 75 | €1,242 | €300 | -€942 | -75.8% |
| Financial charges | 65/66B | €1,706 | €792 | -€914 | -53.6% |
| Recurring financial charges | 65 | €1,706 | €792 | -€914 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €153,310 | €164,625 | +€11,315 | +7.4% |
| Income taxes | 67/77 | €34,101 | €36,895 | +€2,794 | +8.2% |
| Profit (loss) for the period | 9904 | €119,209 | €127,730 | +€8,520 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €119,209 | €127,730 | +€8,520 | +7.1% |
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 10 October 2026 via checked.be.