Steeldraft: 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.
Steeldraft
Largest movements
- Cash +€105,816
up €105,816 (+342.8%), from €30,866 to €136,682
mainly Net result for the year (+€100,317) and Receivables within one year (+€8,526)
- Receivables within one year -€8,526
down €8,526 (-23.9%), from €35,695 to €27,169
- Deferred charges and accrued income +€4,212
up €4,212 (+177.2%), from €2,377 to €6,589
- Reserves +€100,317
up €100,317 (+177.1%), from €56,645 to €156,962
- Gross operating margin +€82,478
up €82,478 (+113.9%), from €72,414 to €154,891
- Taxes +€19,171
up €19,171 (+134.4%), from €14,265 to €33,436
- Staff costs +€18,873
new in 2025: €18,873
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 | €70,749 | €172,086 | +€101,337 | +143.2% |
| Fixed assets | 21/28 | €1,811 | €1,646 | -€165 | -9.1% |
| Tangible fixed assets | 22/27 | €1,811 | €1,646 | -€165 | -9.1% |
| Plant, machinery and equipment | 23 | €732 | €130 | -€602 | -82.2% |
| Furniture and vehicles | 24 | €1,079 | €1,516 | +€437 | +40.5% |
| Current assets | 29/58 | €68,938 | €170,440 | +€101,502 | +147.2% |
| Amounts receivable within one year | 40/41 | €35,695 | €27,169 | -€8,526 | -23.9% |
| Trade receivables | 40 | €35,695 | €27,169 | -€8,526 | -23.9% |
| Cash at bank and in hand | 54/58 | €30,866 | €136,682 | +€105,816 | +342.8% |
| Deferred charges and accrued income | 490/1 | €2,377 | €6,589 | +€4,212 | +177.2% |
| Total equity and liabilities | 10/49 | €70,749 | €172,086 | +€101,337 | +143.2% |
| Equity | 10/15 | €59,645 | €159,962 | +€100,317 | +168.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €56,645 | €156,962 | +€100,317 | +177.1% |
| Distributable reserves | 133 | €56,645 | €156,962 | +€100,317 | +177.1% |
| Amounts payable | 17/49 | €11,103 | €12,124 | +€1,021 | +9.2% |
| Amounts payable within one year | 42/48 | €11,103 | €12,124 | +€1,021 | +9.2% |
| Trade debts | 44 | €778 | €883 | +€105 | +13.5% |
| Suppliers | 440/4 | €778 | €883 | +€105 | +13.5% |
| Taxes, remuneration and social security | 45 | €10,324 | €11,240 | +€916 | +8.9% |
| Taxes | 450/3 | €10,324 | €11,240 | +€916 | +8.9% |
| Other amounts payable | 47/48 | €1 | €1 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €18,873 | +€18,873 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,419 | €2,037 | +€618 | +43.5% |
| Other operating charges | 640/8 | - | €141 | +€141 | |
| Gross operating margin | 9900 | €72,414 | €154,891 | +€82,478 | +113.9% |
| Operating profit (loss) | 9901 | €70,994 | €133,841 | +€62,847 | +88.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €84 | €89 | +€5 | +5.4% |
| Recurring financial charges | 65 | €84 | €89 | +€5 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €70,910 | €133,752 | +€62,842 | +88.6% |
| Income taxes | 67/77 | €14,265 | €33,436 | +€19,171 | +134.4% |
| Profit (loss) for the period | 9904 | €56,645 | €100,317 | +€43,671 | +77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,645 | €100,317 | +€43,671 | +77.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.