Steengoed Productie: what changed
What changed
Steengoed Productie
NACE 08.121, Other mining and quarrying
filed annual accounts (NBB)
Net result for the year
€422,310
2024 · €192,579+€229,731
Equity
€7.3m
2024 · €7.9m-€577,690
Cash
€625,967
2024 · €1.1m-€479,894
Balance sheet total
€26.3m
2024 · €28.7m-€2.4m
Largest movements
Assets
- Tangible fixed assets -€1.9m
down €1.9m (-7.8%), from €24.4m to €22.5m
of which Plant, machinery and equipment: -€1.6m
- Receivables within one year -€723,464
down €723,464 (-44.6%), from €1.6m to €898,224
- Stocks and contracts +€682,610
up €682,610 (+43.9%), from €1.6m to €2.2m
- Cash -€479,894
down €479,894 (-43.4%), from €1.1m to €625,967
mainly Debts after one year (-€1.9m) and Contributions, distributions and other (-€1,000,000)
Equity and liabilities
- Debts after one year -€1.9m
down €1.9m (-10.6%), from €17.4m to €15.5m
- Contributions -€1,000,000
down €1,000,000 (-8.4%), from €11.9m to €10.9m
- Profit (loss) carried forward +€422,310
up €422,310 (+10.4%), from -€4.1m to -€3.6m
Income statement
- Services and other goods +€586,543
up €586,543 (+17.2%), from €3.4m to €4.0m
- Turnover -€312,735
down €312,735 (-2.3%), from €13.5m to €13.2m
- Other operating income +€215,583
up €215,583 (+182%), from €118,576 to €334,158
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.
Result 2024
€192,579
Turnover
-€312,735
Other operating income
+€215,583
Goods and materials
-€22,379
Services and other goods
-€586,543
Staff costs
+€2,347
Depreciation
-€20,222
Other operating charges
+€814
Other operating items
+€876,405
Financial income
-€326
Financial charges
+€76,665
Taxes
+€119
Result 2025
€422,310
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.7m
Investment
-€388,757
Financing
-€2.8m
Cash 2024
€1.1m
From operations (derived)
+€2.7m
Net result for the year
+€422,310
Depreciation
+€2.3m
Stocks and contracts
-€682,610
Receivables within one year
+€723,464
Deferred charges and accrued income
-€22,402
Trade debts
-€184,265
Tax, wage and social debts
-€18,624
Other debts
+€202,746
Investment (derived)
-€388,757
Investment in fixed assets (net)
-€388,757
Financing
-€2.8m
Debts after one year
-€1.9m
Current portion of long-term debt
+€10,768
Contributions, distributions and other
-€1,000,000
Cash 2025
€625,967
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,705,518 | €26,287,308 | -€2.4m | -8.4% |
| Fixed assets | 21/28 | €24,390,059 | €22,470,195 | -€1.9m | -7.9% |
| Intangible fixed assets | 21 | €16,410 | €4,269 | -€12,141 | -74.0% |
| Tangible fixed assets | 22/27 | €24,373,649 | €22,465,926 | -€1.9m | -7.8% |
| Land and buildings | 22 | €801,506 | €735,866 | -€65,640 | -8.2% |
| Plant, machinery and equipment | 23 | €23,234,877 | €21,588,093 | -€1.6m | -7.1% |
| Furniture and vehicles | 24 | €154,903 | €106,379 | -€48,525 | -31.3% |
| Assets under construction and advance payments | 27 | €182,363 | €35,589 | -€146,774 | -80.5% |
| Current assets | 29/58 | €4,315,459 | €3,817,112 | -€498,347 | -11.5% |
| Stocks and contracts in progress | 3 | €1,554,704 | €2,237,313 | +€682,610 | +43.9% |
| Stocks | 30/36 | €1,554,704 | €2,237,313 | +€682,610 | +43.9% |
| Finished goods | 33 | €1,200,327 | €1,752,373 | +€552,047 | +46.0% |
| Goods purchased for resale | 34 | €354,377 | €484,940 | +€130,563 | +36.8% |
| Amounts receivable within one year | 40/41 | €1,621,688 | €898,224 | -€723,464 | -44.6% |
| Trade receivables | 40 | €1,621,688 | €898,224 | -€723,464 | -44.6% |
| Cash at bank and in hand | 54/58 | €1,105,860 | €625,967 | -€479,894 | -43.4% |
| Deferred charges and accrued income | 490/1 | €33,207 | €55,609 | +€22,402 | +67.5% |
| Total equity and liabilities | 10/49 | €28,705,518 | €26,287,308 | -€2.4m | -8.4% |
| Equity | 10/15 | €7,874,337 | €7,296,647 | -€577,690 | -7.3% |
| Contributions | 10/11 | €11,938,705 | €10,938,705 | -€1,000,000 | -8.4% |
| Profit (loss) carried forward | 14 | -€4,064,368 | -€3,642,058 | +€422,310 | +10.4% |
| Amounts payable | 17/49 | €20,831,180 | €18,990,661 | -€1.8m | -8.8% |
| Amounts payable after more than one year | 17 | €17,381,689 | €15,530,545 | -€1.9m | -10.6% |
| Financial debts | 170/4 | €17,381,689 | €15,530,545 | -€1.9m | -10.6% |
| Credit institutions | 173 | €17,381,689 | €15,530,545 | -€1.9m | -10.6% |
| Amounts payable within one year | 42/48 | €3,449,492 | €3,460,116 | +€10,625 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €1,840,376 | €1,851,144 | +€10,768 | +0.6% |
| Trade debts | 44 | €898,531 | €714,266 | -€184,265 | -20.5% |
| Suppliers | 440/4 | €898,531 | €714,266 | -€184,265 | -20.5% |
| Taxes, remuneration and social security | 45 | €131,364 | €112,740 | -€18,624 | -14.2% |
| Taxes | 450/3 | €72,388 | €65,766 | -€6,623 | -9.1% |
| Remuneration and social security | 454/9 | €58,975 | €46,974 | -€12,001 | -20.3% |
| Other amounts payable | 47/48 | €579,220 | €781,966 | +€202,746 | +35.0% |
| Operating income | 70/76A | €13,258,433 | €14,053,618 | +€795,184 | +6.0% |
| Turnover | 70 | €13,478,858 | €13,166,123 | -€312,735 | -2.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€348,420 | €552,047 | +€900,467 | |
| Other operating income | 74 | €118,576 | €334,158 | +€215,583 | +182% |
| Non-recurring operating income | 76A | €9,419 | €1,289 | -€8,130 | -86.3% |
| Operating charges | 60/66A | €12,258,176 | €12,900,089 | +€641,913 | +5.2% |
| Goods for resale, raw materials and consumables | 60 | €5,815,059 | €5,837,438 | +€22,379 | +0.4% |
| Purchases | 600/8 | €5,823,016 | €5,968,001 | +€144,985 | +2.5% |
| Change in stocks: decrease (increase) | 609 | -€7,957 | -€130,563 | -€122,606 | -1,541% |
| Services and other goods | 61 | €3,406,067 | €3,992,610 | +€586,543 | +17.2% |
| Remuneration, social security and pensions | 62 | €746,363 | €744,016 | -€2,347 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,288,399 | €2,308,621 | +€20,222 | +0.9% |
| Other operating charges | 640/8 | €2,287 | €1,473 | -€814 | -35.6% |
| Non-recurring operating charges | 66A | - | €15,931 | +€15,931 | |
| Operating profit (loss) | 9901 | €1,000,257 | €1,153,528 | +€153,272 | +15.3% |
| Financial income | 75/76B | €328 | €2 | -€326 | -99.5% |
| Recurring financial income | 75 | €328 | €2 | -€326 | -99.5% |
| Other financial income | 752/9 | €328 | €2 | -€326 | -99.5% |
| Financial charges | 65/66B | €807,782 | €731,117 | -€76,665 | -9.5% |
| Recurring financial charges | 65 | €807,782 | €731,117 | -€76,665 | -9.5% |
| Debt charges | 650 | - | €730,064 | +€730,064 | |
| Other financial charges | 652/9 | €807,782 | €1,053 | -€806,729 | -99.9% |
| Profit (loss) for the period before taxes | 9903 | €192,802 | €422,414 | +€229,611 | +119% |
| Income taxes | 67/77 | €223 | €104 | -€119 | -53.4% |
| Taxes | 670/3 | €223 | €104 | -€119 | -53.4% |
| Profit (loss) for the period | 9904 | €192,579 | €422,310 | +€229,731 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €192,579 | €422,310 | +€229,731 | +119% |
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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 8 November 2026 via checked.be.