STEENHOUT: 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.
STEENHOUT
Largest movements
- Tangible fixed assets +€769,124
up €769,124 (+21.2%), from €3.6m to €4.4m
of which Land and buildings: +€661,988
- Cash -€237,809
down €237,809 (-60.3%), from €394,458 to €156,649
mainly Investment in fixed assets (net) (-€995,144) and Current investments (-€214,911)
- Current investments +€214,911
up €214,911 (+21.2%), from €1.0m to €1.2m
- Other debts +€937,851
up €937,851 (+14.9%), from €6.3m to €7.2m
- Accrued charges and deferred income +€222,137
new in 2024: €222,137
- Profit (loss) carried forward -€173,899
down €173,899 (-2.0%), from -€8.6m to -€8.8m
- Gross operating margin +€331,074
up €331,074 (+194.2%), from €170,482 to €501,555
- Financial charges +€220,808
up €220,808 (+1867.2%), from €11,826 to €232,634
- Depreciation +€114,537
up €114,537 (+102.7%), from €111,483 to €226,020
- Financial income -€61,571
down €61,571 (-33.3%), from €184,933 to €123,362
- Staff costs -€34,606
down €34,606 (-25.2%), from €137,193 to €102,587
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 | €11,471,308 | €12,414,777 | +€943,469 | +8.2% |
| Fixed assets | 21/28 | €3,620,306 | €4,389,430 | +€769,124 | +21.2% |
| Tangible fixed assets | 22/27 | €3,620,306 | €4,389,430 | +€769,124 | +21.2% |
| Land and buildings | 22 | €2,776,631 | €3,438,618 | +€661,988 | +23.8% |
| Plant, machinery and equipment | 23 | €106,335 | €181,193 | +€74,858 | +70.4% |
| Furniture and vehicles | 24 | €737,341 | €769,618 | +€32,278 | +4.4% |
| Current assets | 29/58 | €7,851,001 | €8,025,347 | +€174,345 | +2.2% |
| Stocks and contracts in progress | 3 | €3,111,458 | €3,111,458 | = | 0.0% |
| Stocks | 30/36 | €3,111,458 | €3,111,458 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,330,181 | €3,427,508 | +€97,327 | +2.9% |
| Trade receivables | 40 | €259,011 | €184,378 | -€74,633 | -28.8% |
| Other amounts receivable | 41 | €3,071,170 | €3,243,131 | +€171,961 | +5.6% |
| Current investments | 50/53 | €1,014,905 | €1,229,816 | +€214,911 | +21.2% |
| Cash at bank and in hand | 54/58 | €394,458 | €156,649 | -€237,809 | -60.3% |
| Deferred charges and accrued income | 490/1 | - | €99,915 | +€99,915 | |
| Total equity and liabilities | 10/49 | €11,471,308 | €12,414,777 | +€943,469 | +8.2% |
| Equity | 10/15 | €5,020,402 | €4,846,504 | -€173,899 | -3.5% |
| Contributions | 10/11 | €13,646,204 | €13,646,204 | = | 0.0% |
| Capital | 10 | €13,646,204 | €13,646,204 | = | 0.0% |
| Issued capital | 100 | €13,646,204 | €13,646,204 | = | 0.0% |
| Reserves | 13 | €14,584 | €14,584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,584 | €14,584 | = | 0.0% |
| Legal reserve | 130 | €14,584 | €14,584 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,640,386 | -€8,814,285 | -€173,899 | -2.0% |
| Amounts payable | 17/49 | €6,450,905 | €7,568,273 | +€1.1m | +17.3% |
| Amounts payable within one year | 42/48 | €6,450,905 | €7,346,135 | +€895,230 | +13.9% |
| Trade debts | 44 | €100,601 | €63,891 | -€36,710 | -36.5% |
| Suppliers | 440/4 | €100,601 | €63,891 | -€36,710 | -36.5% |
| Taxes, remuneration and social security | 45 | €50,304 | €44,394 | -€5,911 | -11.8% |
| Taxes | 450/3 | €38,119 | €34,357 | -€3,762 | -9.9% |
| Remuneration and social security | 454/9 | €12,186 | €10,037 | -€2,149 | -17.6% |
| Other amounts payable | 47/48 | €6,300,000 | €7,237,851 | +€937,851 | +14.9% |
| Accrued charges and deferred income | 492/3 | - | €222,137 | +€222,137 | |
| Remuneration, social security and pensions | 62 | €137,193 | €102,587 | -€34,606 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,483 | €226,020 | +€114,537 | +102.7% |
| Other operating charges | 640/8 | €19,758 | €24,204 | +€4,446 | +22.5% |
| Non-recurring operating charges | 66A | - | €212,851 | +€212,851 | |
| Gross operating margin | 9900 | €170,482 | €501,555 | +€331,074 | +194.2% |
| Operating profit (loss) | 9901 | -€97,953 | -€64,107 | +€33,846 | +34.6% |
| Financial income | 75/76B | €184,933 | €123,362 | -€61,571 | -33.3% |
| Recurring financial income | 75 | €184,933 | €123,362 | -€61,571 | -33.3% |
| Financial charges | 65/66B | €11,826 | €232,634 | +€220,808 | +1867.2% |
| Recurring financial charges | 65 | €11,826 | €232,634 | +€220,808 | +1867.2% |
| Profit (loss) for the period before taxes | 9903 | €75,155 | -€173,378 | -€248,533 | |
| Income taxes | 67/77 | €1,280 | €520 | -€760 | -59.3% |
| Profit (loss) for the period | 9904 | €73,875 | -€173,899 | -€247,773 | |
| Profit (loss) for the period to be appropriated | 9905 | €73,875 | -€173,899 | -€247,773 |
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 4 October 2026 via checked.be.