STEEGRON: 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.
STEEGRON
Largest movements
- Stocks and contracts -€11,500
down €11,500 (-25.5%), from €45,097 to €33,597
- Receivables within one year +€4,965
up €4,965 (+124.6%), from €3,984 to €8,949
of which Other amounts receivable: +€5,025
- Tangible fixed assets -€2,238
down €2,238 (-100.0%), from €2,238 to €0
of which Other tangible fixed assets: -€2,238
- Tax, wage and social debts -€7,045
down €7,045 (-68.3%), from €10,320 to €3,275
of which Remuneration and social security: -€5,179
- Reserves +€2,966
up €2,966 (+7.9%), from €37,442 to €40,409
of which Distributable reserves: +€2,966
- Trade debts -€2,548
down €2,548 (-98.3%), from €2,591 to €43
- Other debts -€2,195
down €2,195 (-100.0%), from €2,195 to €0
- Gross operating margin -€53,125
down €53,125 (-89.3%), from €59,459 to €6,335
- Staff costs -€47,827
down €47,827 (-100.0%), from €47,827 to €0
- Financial charges -€1,298
down €1,298 (-87.5%), from €1,483 to €185
- Other operating charges -€1,065
down €1,065 (-49.6%), from €2,146 to €1,081
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 | €71,241 | €62,419 | -€8,822 | -12.4% |
| Fixed assets | 21/28 | €18,438 | €16,200 | -€2,238 | -12.1% |
| Tangible fixed assets | 22/27 | €2,238 | €0 | -€2,238 | -100.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €2,238 | €0 | -€2,238 | -100.0% |
| Financial fixed assets | 28 | €16,200 | €16,200 | = | 0.0% |
| Current assets | 29/58 | €52,803 | €46,219 | -€6,584 | -12.5% |
| Stocks and contracts in progress | 3 | €45,097 | €33,597 | -€11,500 | -25.5% |
| Stocks | 30/36 | €45,097 | €33,597 | -€11,500 | -25.5% |
| Amounts receivable within one year | 40/41 | €3,984 | €8,949 | +€4,965 | +124.6% |
| Trade receivables | 40 | €3,720 | €3,660 | -€61 | -1.6% |
| Other amounts receivable | 41 | €264 | €5,289 | +€5,025 | +1903.1% |
| Cash at bank and in hand | 54/58 | €3,722 | €3,673 | -€49 | -1.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €71,241 | €62,419 | -€8,822 | -12.4% |
| Equity | 10/15 | €56,042 | €59,009 | +€2,966 | +5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,442 | €40,409 | +€2,966 | +7.9% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €12,986 | €12,986 | = | 0.0% |
| Distributable reserves | 133 | €24,457 | €27,423 | +€2,966 | +12.1% |
| Amounts payable | 17/49 | €15,199 | €3,410 | -€11,788 | -77.6% |
| Amounts payable within one year | 42/48 | €15,106 | €3,318 | -€11,788 | -78.0% |
| Trade debts | 44 | €2,591 | €43 | -€2,548 | -98.3% |
| Suppliers | 440/4 | €2,591 | €43 | -€2,548 | -98.3% |
| Taxes, remuneration and social security | 45 | €10,320 | €3,275 | -€7,045 | -68.3% |
| Taxes | 450/3 | €5,141 | €3,275 | -€1,866 | -36.3% |
| Remuneration and social security | 454/9 | €5,179 | €0 | -€5,179 | -100.0% |
| Other amounts payable | 47/48 | €2,195 | €0 | -€2,195 | -100.0% |
| Accrued charges and deferred income | 492/3 | €93 | €93 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €47,827 | €0 | -€47,827 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,413 | €2,238 | -€175 | -7.3% |
| Other operating charges | 640/8 | €2,146 | €1,081 | -€1,065 | -49.6% |
| Gross operating margin | 9900 | €59,459 | €6,335 | -€53,125 | -89.3% |
| Operating profit (loss) | 9901 | €7,073 | €3,016 | -€4,058 | -57.4% |
| Financial income | 75/76B | €39 | €136 | +€97 | +251.8% |
| Recurring financial income | 75 | €39 | €136 | +€97 | +251.8% |
| Financial charges | 65/66B | €1,483 | €185 | -€1,298 | -87.5% |
| Recurring financial charges | 65 | €1,483 | €185 | -€1,298 | -87.5% |
| Profit (loss) for the period before taxes | 9903 | €5,629 | €2,966 | -€2,663 | -47.3% |
| Profit (loss) for the period | 9904 | €5,629 | €2,966 | -€2,663 | -47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,629 | €2,966 | -€2,663 | -47.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.