STEENAKKER: 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.
What changed
STEENAKKER
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€281,926
2024 · €415,854-€133,928
Equity
€34.2m
2024 · €33.9m+€281,926
Cash
€483,879
2024 · €378,052+€105,828
Balance sheet total
€38.8m
2024 · €38.4m+€414,754
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover -€295,700
down €295,700 (-31.7%), from €933,386 to €637,686
- Services and other goods -€50,896
down €50,896 (-30.0%), from €169,770 to €118,874
- Taxes -€50,819
down €50,819 (-35.6%), from €142,735 to €91,916
of which Taxes: -€49,500
- Other operating charges -€41,434
down €41,434 (-54.9%), from €75,516 to €34,082
- Financial income +€11,681
up €11,681 (+35.8%), from €32,606 to €44,287
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.
Result 2024
€415,854
Turnover
-€295,700
Other operating income
-€7,264
Services and other goods
+€50,896
Depreciation
+€8,051
Other operating charges
+€41,434
Financial income
+€11,681
Financial charges
+€6,154
Taxes
+€50,819
Result 2025
€281,926
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.
From operations
+€116,212
Investment
€0
Financing
-€10,385
Cash 2024
€378,052
From operations (derived)
+€116,212
Net result for the year
+€281,926
Depreciation
+€8,051
Receivables within one year
-€345,787
Deferred charges and accrued income
+€28,809
Trade debts
+€12
Tax, wage and social debts
-€1,585
Other debts
+€143,886
Accrued charges and deferred income
+€900
Financing
-€10,385
Short-term financial debts
-€10,385
Cash 2025
€483,879
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,427,370 | €38,842,124 | +€414,754 | +1.1% |
| Fixed assets | 21/28 | €37,023,781 | €37,015,730 | -€8,051 | 0.0% |
| Tangible fixed assets | 22/27 | €1,070,680 | €1,062,629 | -€8,051 | -0.8% |
| Land and buildings | 22 | €1,070,680 | €1,062,629 | -€8,051 | -0.8% |
| Financial fixed assets | 28 | €35,953,101 | €35,953,101 | = | 0.0% |
| Affiliated companies | 280/1 | €35,953,101 | €35,953,101 | = | 0.0% |
| Participating interests | 280 | €35,953,101 | €35,953,101 | = | 0.0% |
| Current assets | 29/58 | €1,403,589 | €1,826,394 | +€422,806 | +30.1% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €991,365 | €1,337,152 | +€345,787 | +34.9% |
| Other amounts receivable | 41 | €991,365 | €1,337,152 | +€345,787 | +34.9% |
| Cash at bank and in hand | 54/58 | €378,052 | €483,879 | +€105,828 | +28.0% |
| Deferred charges and accrued income | 490/1 | €34,171 | €5,362 | -€28,809 | -84.3% |
| Total equity and liabilities | 10/49 | €38,427,370 | €38,842,124 | +€414,754 | +1.1% |
| Equity | 10/15 | €33,941,311 | €34,223,237 | +€281,926 | +0.8% |
| Contributions | 10/11 | €19,633,028 | €19,633,028 | = | 0.0% |
| Capital | 10 | €19,633,007 | €19,633,007 | = | 0.0% |
| Issued capital | 100 | €19,633,007 | €19,633,007 | = | 0.0% |
| Contributions outside capital | 11 | €21 | €21 | = | 0.0% |
| Share premium | 1100/10 | €21 | €21 | = | 0.0% |
| Reserves | 13 | €14,308,283 | €14,590,209 | +€281,926 | +2.0% |
| Non-distributable reserves | 130/1 | €880,000 | €900,000 | +€20,000 | +2.3% |
| Legal reserve | 130 | €880,000 | €900,000 | +€20,000 | +2.3% |
| Tax-exempt reserves | 132 | €95,794 | €95,794 | = | 0.0% |
| Distributable reserves | 133 | €13,332,488 | €13,594,414 | +€261,926 | +2.0% |
| Amounts payable | 17/49 | €4,486,058 | €4,618,887 | +€132,829 | +3.0% |
| Amounts payable within one year | 42/48 | €4,486,058 | €4,617,987 | +€131,929 | +2.9% |
| Financial debts | 43 | €25,068 | €14,684 | -€10,385 | -41.4% |
| Credit institutions | 430/8 | €25,068 | €14,684 | -€10,385 | -41.4% |
| Trade debts | 44 | €126 | €138 | +€12 | +9.2% |
| Suppliers | 440/4 | €126 | €138 | +€12 | +9.2% |
| Taxes, remuneration and social security | 45 | €45,250 | €43,666 | -€1,585 | -3.5% |
| Taxes | 450/3 | €45,250 | €43,666 | -€1,585 | -3.5% |
| Other amounts payable | 47/48 | €4,415,614 | €4,559,500 | +€143,886 | +3.3% |
| Accrued charges and deferred income | 492/3 | €0 | €900 | +€900 | |
| Operating income | 70/76A | €949,339 | €646,375 | -€302,964 | -31.9% |
| Turnover | 70 | €933,386 | €637,686 | -€295,700 | -31.7% |
| Other operating income | 74 | €15,953 | €8,689 | -€7,264 | -45.5% |
| Operating charges | 60/66A | €261,389 | €161,008 | -€100,381 | -38.4% |
| Services and other goods | 61 | €169,770 | €118,874 | -€50,896 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,102 | €8,051 | -€8,051 | -50.0% |
| Other operating charges | 640/8 | €75,516 | €34,082 | -€41,434 | -54.9% |
| Operating profit (loss) | 9901 | €687,950 | €485,367 | -€202,583 | -29.4% |
| Financial income | 75/76B | €32,606 | €44,287 | +€11,681 | +35.8% |
| Recurring financial income | 75 | €32,606 | €44,287 | +€11,681 | +35.8% |
| Income from current assets | 751 | €32,606 | €44,287 | +€11,681 | +35.8% |
| Financial charges | 65/66B | €161,967 | €155,813 | -€6,154 | -3.8% |
| Recurring financial charges | 65 | €161,967 | €155,813 | -€6,154 | -3.8% |
| Debt charges | 650 | €161,239 | €154,853 | -€6,387 | -4.0% |
| Other financial charges | 652/9 | €728 | €960 | +€232 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €558,589 | €373,841 | -€184,748 | -33.1% |
| Income taxes | 67/77 | €142,735 | €91,916 | -€50,819 | -35.6% |
| Taxes | 670/3 | €143,000 | €93,500 | -€49,500 | -34.6% |
| Tax adjustments and reversals of tax provisions | 77 | €265 | €1,585 | +€1,319 | +497.1% |
| Profit (loss) for the period | 9904 | €415,854 | €281,926 | -€133,928 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €415,854 | €281,926 | -€133,928 | -32.2% |
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 9 October 2026 via checked.be.