STEENBERGEN ERIC: 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.
STEENBERGEN ERIC
Largest movements
- Stocks and contracts +€30,878
up €30,878 (+135%), from €22,949 to €53,826
- Tangible fixed assets -€21,180
down €21,180 (-5.9%), from €356,300 to €335,120
of which Land and buildings: -€33,064
- Cash -€14,068
down €14,068 (-3.7%), from €377,462 to €363,394
mainly Contributions, distributions and other (-€65,789) and Stocks and contracts (-€30,878)
- Receivables within one year -€11,237
down €11,237 (-7.8%), from €143,302 to €132,065
of which Trade receivables: -€14,597
- Debts after one year -€23,293
down €23,293 (-13.4%), from €173,824 to €150,532
- Reserves +€15,605
up €15,605 (+3.1%), from €498,391 to €513,995
- Gross operating margin -€65,982
down €65,982 (-21.3%), from €309,649 to €243,667
- Staff costs -€15,454
down €15,454 (-16.9%), from €91,605 to €76,151
- Taxes -€14,348
down €14,348 (-30.1%), from €47,741 to €33,393
- Depreciation -€11,731
down €11,731 (-25.4%), from €46,173 to €34,443
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.
Derived cash bridge
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 | €902,468 | €886,737 | -€15,732 | -1.7% |
| Fixed assets | 21/28 | €356,300 | €335,120 | -€21,180 | -5.9% |
| Tangible fixed assets | 22/27 | €356,300 | €335,120 | -€21,180 | -5.9% |
| Land and buildings | 22 | €349,874 | €316,810 | -€33,064 | -9.5% |
| Plant, machinery and equipment | 23 | €4,502 | €3,123 | -€1,378 | -30.6% |
| Furniture and vehicles | 24 | €1,924 | €15,187 | +€13,263 | +689% |
| Current assets | 29/58 | €546,168 | €551,617 | +€5,448 | +1.0% |
| Stocks and contracts in progress | 3 | €22,949 | €53,826 | +€30,878 | +135% |
| Stocks | 30/36 | €22,949 | €53,826 | +€30,878 | +135% |
| Amounts receivable within one year | 40/41 | €143,302 | €132,065 | -€11,237 | -7.8% |
| Trade receivables | 40 | €119,769 | €105,172 | -€14,597 | -12.2% |
| Other amounts receivable | 41 | €23,533 | €26,893 | +€3,360 | +14.3% |
| Cash at bank and in hand | 54/58 | €377,462 | €363,394 | -€14,068 | -3.7% |
| Deferred charges and accrued income | 490/1 | €2,456 | €2,331 | -€125 | -5.1% |
| Total equity and liabilities | 10/49 | €902,468 | €886,737 | -€15,732 | -1.7% |
| Equity | 10/15 | €504,591 | €520,195 | +€15,605 | +3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €498,391 | €513,995 | +€15,605 | +3.1% |
| Distributable reserves | 133 | €498,391 | €513,995 | +€15,605 | +3.1% |
| Amounts payable | 17/49 | €397,878 | €366,541 | -€31,337 | -7.9% |
| Amounts payable after more than one year | 17 | €173,824 | €150,532 | -€23,293 | -13.4% |
| Financial debts | 170/4 | €173,824 | €150,532 | -€23,293 | -13.4% |
| Amounts payable within one year | 42/48 | €221,294 | €214,554 | -€6,740 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,695 | €23,293 | +€598 | +2.6% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €74,705 | €74,344 | -€361 | -0.5% |
| Suppliers | 440/4 | €74,705 | €74,344 | -€361 | -0.5% |
| Taxes, remuneration and social security | 45 | €20,105 | €15,207 | -€4,898 | -24.4% |
| Taxes | 450/3 | €12,479 | €10,674 | -€1,805 | -14.5% |
| Remuneration and social security | 454/9 | €7,626 | €4,533 | -€3,093 | -40.6% |
| Other amounts payable | 47/48 | €103,790 | €101,709 | -€2,081 | -2.0% |
| Accrued charges and deferred income | 492/3 | €2,760 | €1,456 | -€1,304 | -47.2% |
| Non-recurring operating income | 76A | €3,653 | €22,956 | +€19,303 | +528% |
| Remuneration, social security and pensions | 62 | €91,605 | €76,151 | -€15,454 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,173 | €34,443 | -€11,731 | -25.4% |
| Other operating charges | 640/8 | €4,597 | €5,819 | +€1,222 | +26.6% |
| Non-recurring operating charges | 66A | - | €995 | +€995 | |
| Gross operating margin | 9900 | €309,649 | €243,667 | -€65,982 | -21.3% |
| Operating profit (loss) | 9901 | €167,274 | €126,260 | -€41,014 | -24.5% |
| Financial income | 75/76B | €1,970 | €2,420 | +€450 | +22.8% |
| Recurring financial income | 75 | €1,970 | €2,420 | +€450 | +22.8% |
| Financial charges | 65/66B | €12,490 | €13,893 | +€1,403 | +11.2% |
| Recurring financial charges | 65 | €12,490 | €13,893 | +€1,403 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €156,754 | €114,787 | -€41,967 | -26.8% |
| Income taxes | 67/77 | €47,741 | €33,393 | -€14,348 | -30.1% |
| Profit (loss) for the period | 9904 | €109,013 | €81,394 | -€27,619 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €109,013 | €81,394 | -€27,619 | -25.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.