STEDEVA: 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.
STEDEVA
Largest movements
- Cash -€3,120
down €3,120 (-47.2%), from €6,611 to €3,491
mainly Other debts (-€4,244) and Receivables within one year (-€1,854)
- Receivables within one year +€1,854
up €1,854 (+44.2%), from €4,191 to €6,045
of which Other amounts receivable: +€1,511
- Deferred charges and accrued income -€261
down €261 (-19.1%), from €1,365 to €1,104
- Tangible fixed assets -€197
down €197 (-5.0%), from €3,919 to €3,722
of which Furniture and vehicles: -€124
- Other debts -€4,244
down €4,244 (-17.7%), from €23,973 to €19,729
- Profit (loss) carried forward +€2,608
up €2,608 (+12.1%), from -€21,483 to -€18,875
- Purchases and services -€25,923
no longer reported in 2025 (was €25,923)
- Turnover -€19,198
no longer reported in 2025 (was €19,198)
- Gross operating margin +€11,586
up €11,586, from -€6,509 to €5,077
- Depreciation -€1,111
down €1,111 (-38.1%), from €2,917 to €1,806
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.
Derived cash bridge
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 | €16,087 | €14,363 | -€1,724 | -10.7% |
| Fixed assets | 21/28 | €3,919 | €3,722 | -€197 | -5.0% |
| Tangible fixed assets | 22/27 | €3,919 | €3,722 | -€197 | -5.0% |
| Plant, machinery and equipment | 23 | €1,191 | €1,118 | -€73 | -6.1% |
| Furniture and vehicles | 24 | €2,728 | €2,604 | -€124 | -4.5% |
| Current assets | 29/58 | €12,168 | €10,641 | -€1,527 | -12.5% |
| Amounts receivable within one year | 40/41 | €4,191 | €6,045 | +€1,854 | +44.2% |
| Trade receivables | 40 | €3,657 | €4,000 | +€343 | +9.4% |
| Other amounts receivable | 41 | €534 | €2,045 | +€1,511 | +283% |
| Cash at bank and in hand | 54/58 | €6,611 | €3,491 | -€3,120 | -47.2% |
| Deferred charges and accrued income | 490/1 | €1,365 | €1,104 | -€261 | -19.1% |
| Total equity and liabilities | 10/49 | €16,087 | €14,363 | -€1,724 | -10.7% |
| Equity | 10/15 | -€9,083 | -€6,475 | +€2,608 | +28.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,483 | -€18,875 | +€2,608 | +12.1% |
| Amounts payable | 17/49 | €25,170 | €20,838 | -€4,332 | -17.2% |
| Amounts payable within one year | 42/48 | €25,170 | €20,838 | -€4,332 | -17.2% |
| Trade debts | 44 | €1,197 | €1,109 | -€88 | -7.4% |
| Suppliers | 440/4 | €1,197 | €1,109 | -€88 | -7.4% |
| Other amounts payable | 47/48 | €23,973 | €19,729 | -€4,244 | -17.7% |
| Turnover | 70 | €19,198 | - | -€19,198 | |
| Goods, raw materials, services and sundry goods | 60/61 | €25,923 | - | -€25,923 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,917 | €1,806 | -€1,111 | -38.1% |
| Other operating charges | 640/8 | €417 | €466 | +€49 | +11.8% |
| Gross operating margin | 9900 | -€6,509 | €5,077 | +€11,586 | |
| Operating profit (loss) | 9901 | -€9,842 | €2,806 | +€12,648 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €213 | €198 | -€15 | -6.9% |
| Recurring financial charges | 65 | €213 | €198 | -€15 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | -€10,055 | €2,608 | +€12,663 | |
| Profit (loss) for the period | 9904 | -€10,055 | €2,608 | +€12,663 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,055 | €2,608 | +€12,663 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.