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
- Cash +€9,376
up €9,376 (+66.1%), from €14,193 to €23,569
mainly Depreciation (+€9,125) and Net result for the year (+€6,447)
- Tangible fixed assets -€9,125
down €9,125 (-62.6%), from €14,581 to €5,456
- Receivables within one year -€2,719
down €2,719 (-90.7%), from €2,997 to €278
of which Trade receivables: -€1,605
- Profit (loss) carried forward +€6,447
up €6,447 (+32.6%), from -€19,771 to -€13,324
- Debts after one year -€5,559
no longer reported in 2025 (was €5,559)
- Current portion of long-term debt -€2,710
down €2,710 (-32.8%), from €8,269 to €5,559
- Tax, wage and social debts -€590
down €590 (-32.5%), from €1,818 to €1,228
- Gross operating margin +€8,870
up €8,870 (+115.6%), from €7,671 to €16,541
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 | €33,806 | €31,343 | -€2,463 | -7.3% |
| Fixed assets | 21/28 | €14,581 | €5,456 | -€9,125 | -62.6% |
| Tangible fixed assets | 22/27 | €14,581 | €5,456 | -€9,125 | -62.6% |
| Furniture and vehicles | 24 | €14,581 | €5,456 | -€9,125 | -62.6% |
| Current assets | 29/58 | €19,225 | €25,887 | +€6,662 | +34.7% |
| Amounts receivable within one year | 40/41 | €2,997 | €278 | -€2,719 | -90.7% |
| Trade receivables | 40 | €1,761 | €156 | -€1,605 | -91.1% |
| Other amounts receivable | 41 | €1,236 | €122 | -€1,114 | -90.1% |
| Cash at bank and in hand | 54/58 | €14,193 | €23,569 | +€9,376 | +66.1% |
| Deferred charges and accrued income | 490/1 | €2,035 | €2,040 | +€5 | +0.2% |
| Total equity and liabilities | 10/49 | €33,806 | €31,343 | -€2,463 | -7.3% |
| Equity | 10/15 | €16,176 | €22,623 | +€6,447 | +39.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,947 | €30,947 | = | 0.0% |
| Distributable reserves | 133 | €30,947 | €30,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,771 | -€13,324 | +€6,447 | +32.6% |
| Amounts payable | 17/49 | €17,630 | €8,720 | -€8,910 | -50.5% |
| Amounts payable after more than one year | 17 | €5,559 | - | -€5,559 | |
| Financial debts | 170/4 | €5,559 | - | -€5,559 | |
| Amounts payable within one year | 42/48 | €12,071 | €8,720 | -€3,351 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €8,269 | €5,559 | -€2,710 | -32.8% |
| Trade debts | 44 | €815 | €991 | +€176 | +21.6% |
| Suppliers | 440/4 | €815 | €991 | +€176 | +21.6% |
| Taxes, remuneration and social security | 45 | €1,818 | €1,228 | -€590 | -32.5% |
| Taxes | 450/3 | €1,818 | €1,228 | -€590 | -32.5% |
| Other amounts payable | 47/48 | €1,169 | €942 | -€227 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,219 | €9,125 | -€94 | -1.0% |
| Other operating charges | 640/8 | €750 | €685 | -€65 | -8.7% |
| Gross operating margin | 9900 | €7,671 | €16,541 | +€8,870 | +115.6% |
| Operating profit (loss) | 9901 | -€2,298 | €6,731 | +€9,029 | |
| Financial income | 75/76B | €18 | €10 | -€8 | -44.4% |
| Recurring financial income | 75 | €18 | €10 | -€8 | -44.4% |
| Financial charges | 65/66B | €225 | €162 | -€63 | -28.0% |
| Recurring financial charges | 65 | €225 | €162 | -€63 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,505 | €6,579 | +€9,084 | |
| Income taxes | 67/77 | €128 | €132 | +€4 | +3.1% |
| Profit (loss) for the period | 9904 | -€2,633 | €6,447 | +€9,080 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,633 | €6,447 | +€9,080 |
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.