Steelandt Bouw: 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.
Steelandt Bouw
Largest movements
- Tangible fixed assets -€56,665
down €56,665 (-80.6%), from €70,287 to €13,622
of which Leasing and similar rights: -€41,396
- Receivables within one year -€19,015
down €19,015 (-68.4%), from €27,801 to €8,786
of which Other amounts receivable: -€12,542
- Cash +€12,109
up €12,109 (+90.7%), from €13,352 to €25,461
mainly Investment in fixed assets (net) (+€51,117) and Receivables within one year (+€19,015)
- Stocks and contracts -€7,833
down €7,833 (-100%), from €7,833 to €0
- Debts after one year -€37,001
down €37,001 (-100%), from €37,001 to €0
- Current portion of long-term debt -€10,619
down €10,619 (-100%), from €10,619 to €0
- Tax, wage and social debts -€8,898
down €8,898 (-95.8%), from €9,288 to €389
- Other debts -€7,221
down €7,221 (-16.4%), from €43,921 to €36,700
- Trade debts -€4,016
down €4,016 (-64.9%), from €6,192 to €2,176
- Staff costs -€52,041
down €52,041 (-97.7%), from €53,276 to €1,235
- Gross operating margin -€25,456
down €25,456 (-51.4%), from €49,493 to €24,037
- Depreciation -€9,276
down €9,276 (-62.6%), from €14,824 to €5,548
- Financial income -€828
down €828 (-68.2%), from €1,213 to €385
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 | €119,568 | €48,946 | -€70,621 | -59.1% |
| Fixed assets | 21/28 | €70,287 | €13,622 | -€56,665 | -80.6% |
| Tangible fixed assets | 22/27 | €70,287 | €13,622 | -€56,665 | -80.6% |
| Plant, machinery and equipment | 23 | €18,327 | €5,982 | -€12,346 | -67.4% |
| Furniture and vehicles | 24 | €3,612 | €1,956 | -€1,656 | -45.8% |
| Leasing and similar rights | 25 | €41,396 | €0 | -€41,396 | -100% |
| Other tangible fixed assets | 26 | €6,952 | €5,684 | -€1,267 | -18.2% |
| Current assets | 29/58 | €49,281 | €35,324 | -€13,956 | -28.3% |
| Stocks and contracts in progress | 3 | €7,833 | €0 | -€7,833 | -100% |
| Stocks | 30/36 | €7,833 | €0 | -€7,833 | -100% |
| Amounts receivable within one year | 40/41 | €27,801 | €8,786 | -€19,015 | -68.4% |
| Trade receivables | 40 | €14,843 | €8,370 | -€6,473 | -43.6% |
| Other amounts receivable | 41 | €12,958 | €416 | -€12,542 | -96.8% |
| Cash at bank and in hand | 54/58 | €13,352 | €25,461 | +€12,109 | +90.7% |
| Deferred charges and accrued income | 490/1 | €295 | €1,077 | +€783 | +266% |
| Total equity and liabilities | 10/49 | €119,568 | €48,946 | -€70,621 | -59.1% |
| Equity | 10/15 | €12,547 | €9,681 | -€2,866 | -22.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €22,090 | €22,090 | = | 0.0% |
| Distributable reserves | 133 | €22,090 | €22,090 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,543 | -€27,409 | -€2,866 | -11.7% |
| Amounts payable | 17/49 | €107,020 | €39,265 | -€67,755 | -63.3% |
| Amounts payable after more than one year | 17 | €37,001 | €0 | -€37,001 | -100% |
| Financial debts | 170/4 | €37,001 | €0 | -€37,001 | -100% |
| Amounts payable within one year | 42/48 | €70,019 | €39,265 | -€30,754 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €10,619 | €0 | -€10,619 | -100% |
| Trade debts | 44 | €6,192 | €2,176 | -€4,016 | -64.9% |
| Suppliers | 440/4 | €6,192 | €2,176 | -€4,016 | -64.9% |
| Taxes, remuneration and social security | 45 | €9,288 | €389 | -€8,898 | -95.8% |
| Taxes | 450/3 | €9,288 | €389 | -€8,898 | -95.8% |
| Other amounts payable | 47/48 | €43,921 | €36,700 | -€7,221 | -16.4% |
| Non-recurring operating income | 76A | €1,166 | €723 | -€443 | -38.0% |
| Remuneration, social security and pensions | 62 | €53,276 | €1,235 | -€52,041 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,824 | €5,548 | -€9,276 | -62.6% |
| Other operating charges | 640/8 | €868 | €1,116 | +€248 | +28.5% |
| Non-recurring operating charges | 66A | €2,810 | €15,997 | +€13,187 | +469% |
| Gross operating margin | 9900 | €49,493 | €24,037 | -€25,456 | -51.4% |
| Operating profit (loss) | 9901 | -€22,285 | €141 | +€22,426 | |
| Financial income | 75/76B | €1,213 | €385 | -€828 | -68.2% |
| Recurring financial income | 75 | €1,213 | €385 | -€828 | -68.2% |
| Financial charges | 65/66B | €3,470 | €3,392 | -€78 | -2.2% |
| Recurring financial charges | 65 | €3,470 | €3,392 | -€78 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,543 | -€2,866 | +€21,676 | +88.3% |
| Profit (loss) for the period | 9904 | -€24,543 | -€2,866 | +€21,676 | +88.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,543 | -€2,866 | +€21,676 | +88.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.