Steen.codes: 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.
Steen.codes
Largest movements
- Cash +€53,484
up €53,484 (+399.9%), from €13,374 to €66,859
mainly Net result for the year (+€35,193) and Receivables within one year (+€15,597)
- Receivables within one year -€15,597
down €15,597 (-49.7%), from €31,382 to €15,784
of which Trade receivables: -€14,724
- Tangible fixed assets -€1,410
down €1,410 (-24.8%), from €5,691 to €4,281
- Deferred charges and accrued income -€1,215
down €1,215 (-28.7%), from €4,231 to €3,016
- Reserves +€34,500
up €34,500 (+91.4%), from €37,750 to €72,250
- Trade debts +€1,456
up €1,456 (+270.7%), from €538 to €1,994
- Gross operating margin -€5,233
down €5,233 (-9.9%), from €52,871 to €47,638
- Taxes -€752
down €752 (-6.7%), from €11,150 to €10,398
- Depreciation -€577
down €577 (-29.1%), from €1,987 to €1,410
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 | €54,703 | €89,966 | +€35,263 | +64.5% |
| Fixed assets | 21/28 | €5,716 | €4,306 | -€1,410 | -24.7% |
| Tangible fixed assets | 22/27 | €5,691 | €4,281 | -€1,410 | -24.8% |
| Furniture and vehicles | 24 | €5,691 | €4,281 | -€1,410 | -24.8% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €48,987 | €85,659 | +€36,672 | +74.9% |
| Amounts receivable within one year | 40/41 | €31,382 | €15,784 | -€15,597 | -49.7% |
| Trade receivables | 40 | €28,930 | €14,206 | -€14,724 | -50.9% |
| Other amounts receivable | 41 | €2,452 | €1,578 | -€874 | -35.6% |
| Cash at bank and in hand | 54/58 | €13,374 | €66,859 | +€53,484 | +399.9% |
| Deferred charges and accrued income | 490/1 | €4,231 | €3,016 | -€1,215 | -28.7% |
| Total equity and liabilities | 10/49 | €54,703 | €89,966 | +€35,263 | +64.5% |
| Equity | 10/15 | €43,934 | €78,294 | +€34,360 | +78.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €37,750 | €72,250 | +€34,500 | +91.4% |
| Distributable reserves | 133 | €37,750 | €72,250 | +€34,500 | +91.4% |
| Profit (loss) carried forward | 14 | €184 | €44 | -€140 | -76.2% |
| Amounts payable | 17/49 | €10,769 | €11,672 | +€903 | +8.4% |
| Amounts payable within one year | 42/48 | €9,930 | €11,376 | +€1,446 | +14.6% |
| Trade debts | 44 | €538 | €1,994 | +€1,456 | +270.7% |
| Suppliers | 440/4 | €538 | €1,994 | +€1,456 | +270.7% |
| Taxes, remuneration and social security | 45 | €2,976 | €3,272 | +€296 | +9.9% |
| Taxes | 450/3 | €2,976 | €3,272 | +€296 | +9.9% |
| Other amounts payable | 47/48 | €6,416 | €6,111 | -€306 | -4.8% |
| Accrued charges and deferred income | 492/3 | €839 | €296 | -€543 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,987 | €1,410 | -€577 | -29.1% |
| Other operating charges | 640/8 | €201 | €203 | +€2 | +1.0% |
| Gross operating margin | 9900 | €52,871 | €47,638 | -€5,233 | -9.9% |
| Operating profit (loss) | 9901 | €50,683 | €46,025 | -€4,658 | -9.2% |
| Financial income | 75/76B | €88 | €2 | -€86 | -97.8% |
| Recurring financial income | 75 | €88 | €2 | -€86 | -97.8% |
| Financial charges | 65/66B | €828 | €436 | -€392 | -47.4% |
| Recurring financial charges | 65 | €828 | €436 | -€392 | -47.4% |
| Profit (loss) for the period before taxes | 9903 | €49,943 | €45,591 | -€4,352 | -8.7% |
| Income taxes | 67/77 | €11,150 | €10,398 | -€752 | -6.7% |
| Profit (loss) for the period | 9904 | €38,793 | €35,193 | -€3,600 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,793 | €35,193 | -€3,600 | -9.3% |
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 11 October 2026 via checked.be.