STEENGOED PROJECTEN: 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.
What changed
STEENGOED PROJECTEN
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-
not filed
Equity
€3.8m
2024 · €3.8m-€238
Cash
€3.4m
2024 · €3.1m+€282,517
Balance sheet total
€28.7m
2024 · €29.8m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€891,864
down €891,864 (-3.8%), from €23.7m to €22.9m
of which Land and buildings: -€746,256
- Receivables within one year -€385,886
down €385,886 (-27.3%), from €1.4m to €1.0m
of which Other amounts receivable: -€222,024
Equity and liabilities
- Debts after one year -€1.1m
down €1.1m (-10.6%), from €10.0m to €8.9m
of which Financial debts: -€1.1m
- Provisions +€521,109
up €521,109 (+10.6%), from €4.9m to €5.4m
- Other debts -€446,112
down €446,112 (-62.2%), from €717,220 to €271,108
Income statement
- Provisions -€388,183
down €388,183 (-42.7%), from €909,293 to €521,109
- Gross operating margin -€384,040
down €384,040 (-8.9%), from €4.3m to €3.9m
- Depreciation +€145,762
up €145,762 (+16.3%), from €893,792 to €1.0m
- Other operating charges -€49,920
down €49,920 (-3.8%), from €1.3m to €1.2m
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,787,127 | €28,704,451 | -€1.1m | -3.6% |
| Fixed assets | 21/28 | €24,068,717 | €23,184,929 | -€883,788 | -3.7% |
| Intangible fixed assets | 21 | €321,423 | €329,498 | +€8,076 | +2.5% |
| Tangible fixed assets | 22/27 | €23,747,295 | €22,855,431 | -€891,864 | -3.8% |
| Land and buildings | 22 | €19,674,993 | €18,928,737 | -€746,256 | -3.8% |
| Plant, machinery and equipment | 23 | €296,407 | €372,987 | +€76,580 | +25.8% |
| Furniture and vehicles | 24 | €60,033 | €42,490 | -€17,543 | -29.2% |
| Leasing and similar rights | 25 | €3,688,002 | €3,491,887 | -€196,116 | -5.3% |
| Other tangible fixed assets | 26 | €27,859 | €19,331 | -€8,528 | -30.6% |
| Current assets | 29/58 | €5,718,409 | €5,519,522 | -€198,887 | -3.5% |
| Amounts receivable after more than one year | 29 | €16,830 | €8,415 | -€8,415 | -50.0% |
| Other amounts receivable | 291 | €16,830 | €8,415 | -€8,415 | -50.0% |
| Stocks and contracts in progress | 3 | €148,766 | €148,766 | = | 0.0% |
| Stocks | 30/36 | €148,766 | €148,766 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,414,246 | €1,028,360 | -€385,886 | -27.3% |
| Trade receivables | 40 | €717,086 | €553,224 | -€163,862 | -22.9% |
| Other amounts receivable | 41 | €697,160 | €475,136 | -€222,024 | -31.8% |
| Cash at bank and in hand | 54/58 | €3,097,446 | €3,379,964 | +€282,517 | +9.1% |
| Deferred charges and accrued income | 490/1 | €1,041,121 | €954,017 | -€87,104 | -8.4% |
| Total equity and liabilities | 10/49 | €29,787,127 | €28,704,451 | -€1.1m | -3.6% |
| Equity | 10/15 | €3,838,187 | €3,837,950 | -€238 | 0.0% |
| Contributions | 10/11 | €3,833,167 | €3,833,167 | = | 0.0% |
| Reserves | 13 | €502 | €502 | = | 0.0% |
| Non-distributable reserves | 130/1 | €502 | €502 | = | 0.0% |
| Reserves not available under the articles | 1311 | €502 | €502 | = | 0.0% |
| Investment grants | 15 | €4,518 | €4,281 | -€238 | -5.3% |
| Provisions and deferred taxes | 16 | €4,894,404 | €5,415,514 | +€521,109 | +10.6% |
| Provisions for liabilities and charges | 160/5 | €4,894,404 | €5,415,514 | +€521,109 | +10.6% |
| Major repairs and maintenance | 162 | €4,894,404 | €5,415,514 | +€521,109 | +10.6% |
| Amounts payable | 17/49 | €21,054,535 | €19,450,988 | -€1.6m | -7.6% |
| Amounts payable after more than one year | 17 | €9,972,390 | €8,914,745 | -€1.1m | -10.6% |
| Financial debts | 170/4 | €9,968,640 | €8,910,995 | -€1.1m | -10.6% |
| Other amounts payable | 178/9 | €3,750 | €3,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,235,118 | €9,831,620 | -€403,498 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €7,983,840 | €7,994,620 | +€10,780 | +0.1% |
| Financial debts | 43 | €742,400 | €742,400 | = | 0.0% |
| Credit institutions | 430/8 | €742,400 | €742,400 | = | 0.0% |
| Trade debts | 44 | €713,623 | €748,867 | +€35,243 | +4.9% |
| Suppliers | 440/4 | €713,623 | €748,867 | +€35,243 | +4.9% |
| Taxes, remuneration and social security | 45 | €78,035 | €74,626 | -€3,409 | -4.4% |
| Taxes | 450/3 | €31,105 | €30,733 | -€373 | -1.2% |
| Remuneration and social security | 454/9 | €46,929 | €43,893 | -€3,037 | -6.5% |
| Other amounts payable | 47/48 | €717,220 | €271,108 | -€446,112 | -62.2% |
| Accrued charges and deferred income | 492/3 | €847,027 | €704,623 | -€142,404 | -16.8% |
| Non-recurring operating income | 76A | €7,704 | €422,977 | +€415,273 | +5,390% |
| Remuneration, social security and pensions | 62 | €425,047 | €394,183 | -€30,864 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €893,792 | €1,039,554 | +€145,762 | +16.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €909,293 | €521,109 | -€388,183 | -42.7% |
| Other operating charges | 640/8 | €1,299,625 | €1,249,705 | -€49,920 | -3.8% |
| Non-recurring operating charges | 66A | €28,403 | €1,558 | -€26,845 | -94.5% |
| Gross operating margin | 9900 | €4,325,519 | €3,941,479 | -€384,040 | -8.9% |
| Operating profit (loss) | 9901 | €769,359 | €735,369 | -€33,990 | -4.4% |
| Financial income | 75/76B | €238 | €238 | -€0 | 0.0% |
| Recurring financial income | 75 | €238 | €238 | -€0 | 0.0% |
| Financial charges | 65/66B | €769,422 | €735,431 | -€33,992 | -4.4% |
| Recurring financial charges | 65 | €769,422 | €735,431 | -€33,992 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €174 | €176 | +€2 | +1.0% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.