STEELACX: what changed
STEELACX
Largest movements
- Cash -€484
down €484 (-3.5%), from €13,998 to €13,514
mainly Net result for the year (-€1,133)
- Receivables within one year -€226
no longer reported in 2025 (was €226)
- Profit (loss) carried forward -€1,133
down €1,133 (-11.3%), from -€9,992 to -€11,125
- Accrued charges and deferred income +€373
up €373 (+24.1%), from €1,545 to €1,917
- Gross operating margin -€566
down €566 (-251%), from -€226 to -€792
- Other operating charges -€457
down €457 (-64.6%), from €708 to €250
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,224 | €13,514 | -€710 | -5.0% |
| Current assets | 29/58 | €14,224 | €13,514 | -€710 | -5.0% |
| Amounts receivable within one year | 40/41 | €226 | - | -€226 | |
| Other amounts receivable | 41 | €226 | - | -€226 | |
| Cash at bank and in hand | 54/58 | €13,998 | €13,514 | -€484 | -3.5% |
| Total equity and liabilities | 10/49 | €14,224 | €13,514 | -€710 | -5.0% |
| Equity | 10/15 | €11,803 | €10,670 | -€1,133 | -9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,195 | €3,195 | = | 0.0% |
| Non-distributable reserves | 130/1 | €195 | €195 | = | 0.0% |
| Reserves not available under the articles | 1311 | €195 | €195 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,992 | -€11,125 | -€1,133 | -11.3% |
| Amounts payable | 17/49 | €2,421 | €2,844 | +€423 | +17.5% |
| Amounts payable within one year | 42/48 | €876 | €927 | +€51 | +5.8% |
| Trade debts | 44 | €798 | €848 | +€51 | +6.4% |
| Suppliers | 440/4 | €798 | €848 | +€51 | +6.4% |
| Other amounts payable | 47/48 | €79 | €79 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,545 | €1,917 | +€373 | +24.1% |
| Other operating charges | 640/8 | €708 | €250 | -€457 | -64.6% |
| Gross operating margin | 9900 | -€226 | -€792 | -€566 | -251% |
| Operating profit (loss) | 9901 | -€933 | -€1,042 | -€109 | -11.7% |
| Financial charges | 65/66B | €86 | €91 | +€5 | +5.4% |
| Recurring financial charges | 65 | €86 | €91 | +€5 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,020 | -€1,133 | -€113 | -11.1% |
| Profit (loss) for the period | 9904 | -€1,020 | -€1,133 | -€113 | -11.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,020 | -€1,133 | -€113 | -11.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.