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STEBRIMMO: 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.

What changed

STEBRIMMO

BE 0730.813.242
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,230
2023 · -€23,061+€26,290
Equity
€34,122
2023 · €30,892+€3,230
Cash
€12,956
2023 · €36,481-€23,525
Balance sheet total
€1.3m
2023 · €1.3m+€25,957

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€1.3m

    new in 2024: €1.3m

  • Stocks and contracts -€1.2m

    no longer reported in 2024 (was €1.2m)

  • Cash -€23,525

    down €23,525 (-64.5%), from €36,481 to €12,956

    mainly Investment in fixed assets (net) (-€1.3m) and Debts after one year (-€29,010)

Equity and liabilities
  • Other debts +€68,099

    up €68,099 (+10.5%), from €650,394 to €718,492

  • Debts after one year -€29,010

    down €29,010 (-5.3%), from €543,173 to €514,164

  • Trade debts -€16,691

    down €16,691 (-99.8%), from €16,726 to €35

Income statement
  • Gross operating margin +€33,538

    up €33,538, from -€13,776 to €19,762

  • Financial charges +€4,128

    up €4,128 (+49.3%), from €8,368 to €12,496

    of which Financial charges: +€3,629

  • Depreciation +€2,896

    new in 2024: €2,896

  • Other operating charges +€224

    up €224 (+24.4%), from €917 to €1,141

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€23,061
Gross operating margin +€33,538
Depreciation -€2,896
Other operating charges -€224
Financial charges -€4,128
Result 2024 €3,230

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€1.3m
Investment -€1.3m
Financing -€28,610
Cash 2023 €36,481
Net result for the year +€3,230
Depreciation +€2,896
Stocks and contracts +€1.2m
Smaller working-capital items -€358
Trade debts -€16,691
Other debts +€68,099
Investment in fixed assets (net) -€1.3m
Debts after one year -€29,010
Current portion of long-term debt +€399
Cash 2024 €12,956
Every line side by side 32 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,270,756 €1,296,713 +€25,957 +2.0%
Fixed assets 21/28 - €1,283,119 +€1.3m
Tangible fixed assets 22/27 - €1,283,119 +€1.3m
Land and buildings 22 - €1,283,119 +€1.3m
Current assets 29/58 €1,270,756 €13,594 -€1.3m -98.9%
Stocks and contracts in progress 3 €1,233,925 - -€1.2m
Stocks 30/36 €1,233,925 - -€1.2m
Cash at bank and in hand 54/58 €36,481 €12,956 -€23,525 -64.5%
Deferred charges and accrued income 490/1 €350 €638 +€288 +82.3%
Total equity and liabilities 10/49 €1,270,756 €1,296,713 +€25,957 +2.0%
Equity 10/15 €30,892 €34,122 +€3,230 +10.5%
Contributions 10/11 €100,000 €100,000 = 0.0%
Profit (loss) carried forward 14 -€69,108 -€65,878 +€3,230 +4.7%
Amounts payable 17/49 €1,239,864 €1,262,591 +€22,727 +1.8%
Amounts payable after more than one year 17 €543,173 €514,164 -€29,010 -5.3%
Financial debts 170/4 €543,173 €514,164 -€29,010 -5.3%
Amounts payable within one year 42/48 €695,731 €747,537 +€51,807 +7.4%
Current portion of amounts payable after more than one year 42 €28,610 €29,010 +€399 +1.4%
Trade debts 44 €16,726 €35 -€16,691 -99.8%
Suppliers 440/4 €16,726 €35 -€16,691 -99.8%
Other amounts payable 47/48 €650,394 €718,492 +€68,099 +10.5%
Accrued charges and deferred income 492/3 €960 €890 -€70 -7.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 - €2,896 +€2,896
Other operating charges 640/8 €917 €1,141 +€224 +24.4%
Gross operating margin 9900 -€13,776 €19,762 +€33,538
Operating profit (loss) 9901 -€14,693 €15,725 +€30,419
Financial charges 65/66B €8,368 €12,496 +€4,128 +49.3%
Recurring financial charges 65 €8,368 €11,996 +€3,629 +43.4%
Non-recurring financial charges 66B - €499 +€499
Profit (loss) for the period before taxes 9903 -€23,061 €3,230 +€26,290
Profit (loss) for the period 9904 -€23,061 €3,230 +€26,290
Profit (loss) for the period to be appropriated 9905 -€23,061 €3,230 +€26,290

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.