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STEDA: 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

STEDA

BE 0429.676.742
NACE 69.209, Other tax advisory services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€850
2023 · -€8,370+€9,220
Equity
€107,656
2023 · €106,805+€851
Cash
€45,349
2023 · €106,637-€61,288
Balance sheet total
€111,951
2023 · €110,982+€969

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€62,257

    up €62,257 (+1432.8%), from €4,345 to €66,602

    of which Other amounts receivable: +€62,411

  • Cash -€61,288

    down €61,288 (-57.5%), from €106,637 to €45,349

    mainly Receivables within one year (-€62,257)

Equity and liabilities

No liability line moved by more than 1% of the balance sheet total.

    Income statement
    • Gross operating margin +€5,404

      up €5,404 (+67.9%), from -€7,961 to -€2,557

    • Financial income +€3,412

      up €3,412 (+618.1%), from €552 to €3,964

    • Purchases and services +€2,557

      new in 2024: €2,557

    • Taxes -€296

      down €296 (-39.6%), from €747 to €451

    • Other operating charges -€108

      down €108 (-50.5%), from €214 to €106

    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 -€8,370
    Gross operating margin +€5,404
    Other operating charges +€108
    Financial income +€3,412
    Taxes +€296
    Result 2024 €850

    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 -€61,289
    Investment €0
    Financing +€1
    Cash 2023 €106,637
    Net result for the year +€850
    Receivables within one year -€62,257
    Smaller working-capital items +€118
    Contributions, distributions and other +€1
    Cash 2024 €45,349
    Every line side by side 30 lines
    Line Code 2023 2024 Change %
    Total assets 20/58 €110,982 €111,951 +€969 +0.9%
    Current assets 29/58 €110,982 €111,951 +€969 +0.9%
    Amounts receivable within one year 40/41 €4,345 €66,602 +€62,257 +1432.8%
    Trade receivables 40 €154 - -€154
    Other amounts receivable 41 €4,191 €66,602 +€62,411 +1489.2%
    Cash at bank and in hand 54/58 €106,637 €45,349 -€61,288 -57.5%
    Total equity and liabilities 10/49 €110,982 €111,951 +€969 +0.9%
    Equity 10/15 €106,805 €107,656 +€851 +0.8%
    Contributions 10/11 €18,592 €18,592 = 0.0%
    Reserves 13 €6,948 €6,948 = 0.0%
    Non-distributable reserves 130/1 €6,948 €6,948 = 0.0%
    Reserves not available under the articles 1311 €6,948 €6,948 = 0.0%
    Profit (loss) carried forward 14 €81,265 €82,116 +€851 +1.0%
    Provisions and deferred taxes 16 €4,177 €4,176 -€1 0.0%
    Provisions for liabilities and charges 160/5 €4,177 €4,176 -€1 0.0%
    Other liabilities and charges 164/5 €4,177 €4,176 -€1 0.0%
    Amounts payable 17/49 - €119 +€119
    Amounts payable within one year 42/48 - €119 +€119
    Trade debts 44 - €119 +€119
    Suppliers 440/4 - €119 +€119
    Goods, raw materials, services and sundry goods 60/61 - €2,557 +€2,557
    Other operating charges 640/8 €214 €106 -€108 -50.5%
    Gross operating margin 9900 -€7,961 -€2,557 +€5,404 +67.9%
    Operating profit (loss) 9901 -€8,175 -€2,663 +€5,512 +67.4%
    Financial income 75/76B €552 €3,964 +€3,412 +618.1%
    Recurring financial income 75 €552 €3,964 +€3,412 +618.1%
    Profit (loss) for the period before taxes 9903 -€7,623 €1,301 +€8,924
    Income taxes 67/77 €747 €451 -€296 -39.6%
    Profit (loss) for the period 9904 -€8,370 €850 +€9,220
    Profit (loss) for the period to be appropriated 9905 -€8,370 €850 +€9,220

    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.