STEENGOE: 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.
STEENGOE
Largest movements
- Cash -€21,218
down €21,218 (-22.1%), from €95,959 to €74,741
mainly Contributions, distributions and other (-€59,070) and Trade debts (-€14,904)
- Tangible fixed assets -€14,040
down €14,040 (-33.3%), from €42,140 to €28,100
of which Furniture and vehicles: -€12,166
- Reserves -€41,322
down €41,322 (-52.4%), from €78,875 to €37,553
- Other debts +€26,870
up €26,870 (+568.6%), from €4,726 to €31,596
- Trade debts -€14,904
down €14,904 (-100.0%), from €14,904 to €0
- Debts after one year -€8,982
down €8,982 (-47.4%), from €18,966 to €9,984
- Tax, wage and social debts +€2,744
up €2,744 (+23.3%), from €11,792 to €14,536
- Gross operating margin +€4,506
up €4,506 (+12.6%), from €35,659 to €40,165
- Taxes +€1,388
up €1,388 (+24.1%), from €5,752 to €7,140
- Financial income +€885
up €885 (+34039.2%), from €3 to €888
- Depreciation -€593
down €593 (-4.2%), from €14,144 to €13,551
- Other operating charges +€496
up €496 (+60.2%), from €824 to €1,320
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 | €144,225 | €108,851 | -€35,374 | -24.5% |
| Fixed assets | 21/28 | €42,140 | €28,100 | -€14,040 | -33.3% |
| Tangible fixed assets | 22/27 | €42,140 | €28,100 | -€14,040 | -33.3% |
| Furniture and vehicles | 24 | €33,050 | €20,884 | -€12,166 | -36.8% |
| Other tangible fixed assets | 26 | €9,090 | €7,216 | -€1,874 | -20.6% |
| Current assets | 29/58 | €102,084 | €80,751 | -€21,334 | -20.9% |
| Amounts receivable within one year | 40/41 | €6,125 | €6,010 | -€115 | -1.9% |
| Trade receivables | 40 | €6,125 | €6,000 | -€125 | -2.0% |
| Other amounts receivable | 41 | - | €10 | +€10 | |
| Cash at bank and in hand | 54/58 | €95,959 | €74,741 | -€21,218 | -22.1% |
| Total equity and liabilities | 10/49 | €144,225 | €108,851 | -€35,374 | -24.5% |
| Equity | 10/15 | €85,075 | €43,753 | -€41,322 | -48.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,875 | €37,553 | -€41,322 | -52.4% |
| Distributable reserves | 133 | €78,875 | €37,553 | -€41,322 | -52.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,150 | €65,098 | +€5,948 | +10.1% |
| Amounts payable after more than one year | 17 | €18,966 | €9,984 | -€8,982 | -47.4% |
| Financial debts | 170/4 | €18,966 | €9,984 | -€8,982 | -47.4% |
| Amounts payable within one year | 42/48 | €40,184 | €55,114 | +€14,930 | +37.2% |
| Current portion of amounts payable after more than one year | 42 | €8,762 | €8,982 | +€220 | +2.5% |
| Trade debts | 44 | €14,904 | €0 | -€14,904 | -100.0% |
| Suppliers | 440/4 | €14,904 | €0 | -€14,904 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,792 | €14,536 | +€2,744 | +23.3% |
| Taxes | 450/3 | €11,792 | €14,536 | +€2,744 | +23.3% |
| Other amounts payable | 47/48 | €4,726 | €31,596 | +€26,870 | +568.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,144 | €13,551 | -€593 | -4.2% |
| Other operating charges | 640/8 | €824 | €1,320 | +€496 | +60.2% |
| Non-recurring operating charges | 66A | - | €490 | +€490 | |
| Gross operating margin | 9900 | €35,659 | €40,165 | +€4,506 | +12.6% |
| Operating profit (loss) | 9901 | €20,690 | €24,804 | +€4,114 | +19.9% |
| Financial income | 75/76B | €3 | €888 | +€885 | +34039.2% |
| Recurring financial income | 75 | €3 | €888 | +€885 | +34039.2% |
| Financial charges | 65/66B | €994 | €804 | -€191 | -19.2% |
| Recurring financial charges | 65 | €994 | €804 | -€191 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €19,699 | €24,888 | +€5,190 | +26.3% |
| Income taxes | 67/77 | €5,752 | €7,140 | +€1,388 | +24.1% |
| Profit (loss) for the period | 9904 | €13,947 | €17,748 | +€3,802 | +27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,947 | €17,748 | +€3,802 | +27.3% |
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 9 October 2026 via checked.be.