STEENDONCK INVEST: what changed
STEENDONCK INVEST
Largest movements
- Stocks and contracts -€1.7m
down €1.7m (-48.4%), from €3.6m to €1.9m
- Receivables within one year -€375,982
down €375,982 (-97.9%), from €384,010 to €8,029
- Cash -€185,049
down €185,049 (-38.6%), from €479,650 to €294,601
mainly Advances received (-€2.3m) and Trade debts (-€425,128)
- Advances received -€2.3m
down €2.3m (-100%), from €2.3m to €0
- Trade debts -€425,128
down €425,128 (-86.9%), from €489,371 to €64,243
- Short-term financial debts +€356,974
up €356,974 (+36.4%), from €981,757 to €1.3m
- Other debts +€124,148
up €124,148 (+17.5%), from €709,355 to €833,503
- Tax, wage and social debts -€52,438
down €52,438 (-79.3%), from €66,087 to €13,649
- Gross operating margin +€56,215
up €56,215 (+200%), from €28,111 to €84,327
- Financial income -€21,091
down €21,091 (-51.9%), from €40,671 to €19,580
- Other operating charges +€19,652
up €19,652 (+264%), from €7,443 to €27,095
- Financial charges -€8,867
down €8,867 (-12.2%), from €72,774 to €63,907
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,557,360 | €2,239,306 | -€2.3m | -50.9% |
| Fixed assets | 21/28 | €78,097 | €69,347 | -€8,750 | -11.2% |
| Financial fixed assets | 28 | €78,097 | €69,347 | -€8,750 | -11.2% |
| Current assets | 29/58 | €4,479,263 | €2,169,959 | -€2.3m | -51.6% |
| Stocks and contracts in progress | 3 | €3,615,466 | €1,867,231 | -€1.7m | -48.4% |
| Stocks | 30/36 | €3,615,466 | €1,867,231 | -€1.7m | -48.4% |
| Amounts receivable within one year | 40/41 | €384,010 | €8,029 | -€375,982 | -97.9% |
| Trade receivables | 40 | €384,010 | €8,029 | -€375,982 | -97.9% |
| Cash at bank and in hand | 54/58 | €479,650 | €294,601 | -€185,049 | -38.6% |
| Deferred charges and accrued income | 490/1 | €137 | €98 | -€39 | -28.1% |
| Total equity and liabilities | 10/49 | €4,557,360 | €2,239,306 | -€2.3m | -50.9% |
| Equity | 10/15 | -€23,970 | -€11,066 | +€12,904 | +53.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,430 | -€31,526 | +€12,904 | +29.0% |
| Amounts payable | 17/49 | €4,581,329 | €2,250,371 | -€2.3m | -50.9% |
| Amounts payable within one year | 42/48 | €4,579,352 | €2,250,127 | -€2.3m | -50.9% |
| Financial debts | 43 | €981,757 | €1,338,731 | +€356,974 | +36.4% |
| Credit institutions | 430/8 | €981,757 | €1,338,731 | +€356,974 | +36.4% |
| Trade debts | 44 | €489,371 | €64,243 | -€425,128 | -86.9% |
| Suppliers | 440/4 | €489,371 | €64,243 | -€425,128 | -86.9% |
| Advances received on contracts in progress | 46 | €2,332,782 | €0 | -€2.3m | -100% |
| Taxes, remuneration and social security | 45 | €66,087 | €13,649 | -€52,438 | -79.3% |
| Taxes | 450/3 | €66,087 | €13,649 | -€52,438 | -79.3% |
| Other amounts payable | 47/48 | €709,355 | €833,503 | +€124,148 | +17.5% |
| Accrued charges and deferred income | 492/3 | €1,977 | €245 | -€1,732 | -87.6% |
| Other operating charges | 640/8 | €7,443 | €27,095 | +€19,652 | +264% |
| Gross operating margin | 9900 | €28,111 | €84,327 | +€56,215 | +200% |
| Operating profit (loss) | 9901 | €20,668 | €57,232 | +€36,563 | +177% |
| Financial income | 75/76B | €40,671 | €19,580 | -€21,091 | -51.9% |
| Recurring financial income | 75 | €40,671 | €19,580 | -€21,091 | -51.9% |
| Financial charges | 65/66B | €72,774 | €63,907 | -€8,867 | -12.2% |
| Recurring financial charges | 65 | €72,774 | €63,907 | -€8,867 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,435 | €12,904 | +€24,339 | |
| Profit (loss) for the period | 9904 | -€11,435 | €12,904 | +€24,339 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,435 | €12,904 | +€24,339 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.