STEENGAT: 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.
STEENGAT
Largest movements
- Tangible fixed assets -€145,309
down €145,309 (-46.4%), from €313,236 to €167,927
- Deferred charges and accrued income -€50,000
down €50,000 (-20.0%), from €250,000 to €200,000
- Cash -€11,511
down €11,511 (-55.5%), from €20,732 to €9,221
mainly Net result for the year (-€242,292) and Trade debts (-€25,847)
- Receivables within one year +€9,999
up €9,999 (+50706.0%), from €20 to €10,019
of which Trade receivables: +€10,000
- Profit (loss) carried forward -€242,292
down €242,292 (-714.7%), from -€33,903 to -€276,195
- Other debts +€79,333
up €79,333 (+2628.7%), from €3,018 to €82,351
- Trade debts -€25,847
down €25,847 (-82.4%), from €31,353 to €5,505
- Other operating charges +€148,727
up €148,727 (+334.8%), from €44,428 to €193,156
- Gross operating margin -€18,644
down €18,644, from €473 to -€18,171
- Depreciation -€7,692
down €7,692 (-19.9%), from €38,667 to €30,975
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,987 | €392,836 | -€191,151 | -32.7% |
| Fixed assets | 21/28 | €313,236 | €173,596 | -€139,640 | -44.6% |
| Tangible fixed assets | 22/27 | €313,236 | €167,927 | -€145,309 | -46.4% |
| Land and buildings | 22 | €313,236 | €167,927 | -€145,309 | -46.4% |
| Financial fixed assets | 28 | - | €5,669 | +€5,669 | |
| Current assets | 29/58 | €270,751 | €219,240 | -€51,512 | -19.0% |
| Amounts receivable within one year | 40/41 | €20 | €10,019 | +€9,999 | +50706.0% |
| Trade receivables | 40 | €0 | €10,000 | +€10,000 | |
| Other amounts receivable | 41 | €20 | €19 | -€1 | -4.0% |
| Cash at bank and in hand | 54/58 | €20,732 | €9,221 | -€11,511 | -55.5% |
| Deferred charges and accrued income | 490/1 | €250,000 | €200,000 | -€50,000 | -20.0% |
| Total equity and liabilities | 10/49 | €583,987 | €392,836 | -€191,151 | -32.7% |
| Equity | 10/15 | €547,272 | €304,980 | -€242,292 | -44.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €81,175 | €81,175 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €81,175 | €81,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,903 | -€276,195 | -€242,292 | -714.7% |
| Amounts payable | 17/49 | €36,715 | €87,856 | +€51,141 | +139.3% |
| Amounts payable within one year | 42/48 | €36,715 | €87,856 | +€51,141 | +139.3% |
| Trade debts | 44 | €31,353 | €5,505 | -€25,847 | -82.4% |
| Suppliers | 440/4 | €31,353 | €5,505 | -€25,847 | -82.4% |
| Taxes, remuneration and social security | 45 | €2,344 | €0 | -€2,344 | -100.0% |
| Taxes | 450/3 | €2,344 | €0 | -€2,344 | -100.0% |
| Other amounts payable | 47/48 | €3,018 | €82,351 | +€79,333 | +2628.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,667 | €30,975 | -€7,692 | -19.9% |
| Other operating charges | 640/8 | €44,428 | €193,156 | +€148,727 | +334.8% |
| Gross operating margin | 9900 | €473 | -€18,171 | -€18,644 | |
| Operating profit (loss) | 9901 | -€82,623 | -€242,302 | -€159,679 | -193.3% |
| Financial income | 75/76B | €223 | €63 | -€159 | -71.6% |
| Recurring financial income | 75 | €223 | €63 | -€159 | -71.6% |
| Financial charges | 65/66B | €64 | €54 | -€11 | -16.4% |
| Recurring financial charges | 65 | €64 | €54 | -€11 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€82,464 | -€242,292 | -€159,828 | -193.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€82,464 | -€242,292 | -€159,828 | -193.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,464 | -€242,292 | -€159,828 | -193.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.