STEENBEKE: 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.
STEENBEKE
Largest movements
- Tangible fixed assets -€12,452
down €12,452 (-1.5%), from €831,758 to €819,306
of which Land and buildings: -€15,596
No liability line moved by more than 1% of the balance sheet total.
- Depreciation -€21,216
down €21,216 (-39.2%), from €54,185 to €32,969
- Gross operating margin -€5,076
down €5,076 (-9.6%), from €52,697 to €47,621
- Other operating charges +€616
up €616 (+12.9%), from €4,780 to €5,396
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 | €905,707 | €905,104 | -€602 | -0.1% |
| Fixed assets | 21/28 | €831,758 | €819,306 | -€12,452 | -1.5% |
| Tangible fixed assets | 22/27 | €831,758 | €819,306 | -€12,452 | -1.5% |
| Land and buildings | 22 | €831,758 | €816,162 | -€15,596 | -1.9% |
| Plant, machinery and equipment | 23 | - | €3,145 | +€3,145 | |
| Current assets | 29/58 | €73,949 | €85,798 | +€11,850 | +16.0% |
| Amounts receivable within one year | 40/41 | €69,930 | €70,080 | +€150 | +0.2% |
| Trade receivables | 40 | €39,930 | €39,930 | = | 0.0% |
| Other amounts receivable | 41 | €30,000 | €30,150 | +€150 | +0.5% |
| Cash at bank and in hand | 54/58 | €1,087 | €6,625 | +€5,538 | +509.3% |
| Deferred charges and accrued income | 490/1 | €2,931 | €9,092 | +€6,161 | +210.2% |
| Total equity and liabilities | 10/49 | €905,707 | €905,104 | -€602 | -0.1% |
| Equity | 10/15 | €355,460 | €363,623 | +€8,163 | +2.3% |
| Contributions | 10/11 | €72,132 | €72,132 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Outside capital | 11 | €2,132 | €2,132 | = | 0.0% |
| Share premium | 1100/10 | €2,132 | €2,132 | = | 0.0% |
| Reserves | 13 | €283,328 | €291,491 | +€8,163 | +2.9% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,036 | €2,036 | = | 0.0% |
| Distributable reserves | 133 | €274,291 | €282,455 | +€8,163 | +3.0% |
| Amounts payable | 17/49 | €550,247 | €541,481 | -€8,766 | -1.6% |
| Amounts payable within one year | 42/48 | €550,121 | €541,481 | -€8,640 | -1.6% |
| Trade debts | 44 | €7,956 | €7,944 | -€12 | -0.2% |
| Suppliers | 440/4 | €7,956 | €7,944 | -€12 | -0.2% |
| Taxes, remuneration and social security | 45 | €12,931 | €7,910 | -€5,020 | -38.8% |
| Taxes | 450/3 | €12,931 | €7,910 | -€5,020 | -38.8% |
| Other amounts payable | 47/48 | €529,234 | €525,627 | -€3,607 | -0.7% |
| Accrued charges and deferred income | 492/3 | €126 | €0 | -€126 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,185 | €32,969 | -€21,216 | -39.2% |
| Other operating charges | 640/8 | €4,780 | €5,396 | +€616 | +12.9% |
| Gross operating margin | 9900 | €52,697 | €47,621 | -€5,076 | -9.6% |
| Operating profit (loss) | 9901 | -€6,267 | €9,256 | +€15,524 | |
| Financial income | 75/76B | €90 | €150 | +€60 | +66.9% |
| Recurring financial income | 75 | €90 | €150 | +€60 | +66.9% |
| Financial charges | 65/66B | €1,523 | €1,046 | -€477 | -31.3% |
| Recurring financial charges | 65 | €1,523 | €1,046 | -€477 | -31.3% |
| Profit (loss) for the period before taxes | 9903 | -€7,700 | €8,361 | +€16,061 | |
| Income taxes | 67/77 | -€10 | €197 | +€207 | |
| Profit (loss) for the period | 9904 | -€7,690 | €8,163 | +€15,854 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,690 | €8,163 | +€15,854 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.