STEENHOUVE: 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.
STEENHOUVE
Largest movements
- Cash +€73,103
up €73,103 (+46.5%), from €157,201 to €230,303
mainly Net result for the year (+€65,659) and Depreciation (+€18,461)
- Tangible fixed assets -€18,461
down €18,461 (-26.1%), from €70,719 to €52,258
- Reserves +€65,659
up €65,659 (+35.1%), from €187,091 to €252,750
- Tax, wage and social debts -€9,192
down €9,192 (-31.7%), from €29,015 to €19,824
No income-statement line moved by more than 1% of the activity.
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.
Derived cash bridge
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 | €235,285 | €291,547 | +€56,262 | +23.9% |
| Fixed assets | 21/28 | €70,759 | €52,298 | -€18,461 | -26.1% |
| Tangible fixed assets | 22/27 | €70,719 | €52,258 | -€18,461 | -26.1% |
| Furniture and vehicles | 24 | €70,719 | €52,258 | -€18,461 | -26.1% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €164,525 | €239,248 | +€74,723 | +45.4% |
| Amounts receivable within one year | 40/41 | €0 | €1,500 | +€1,500 | |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €157,201 | €230,303 | +€73,103 | +46.5% |
| Deferred charges and accrued income | 490/1 | €7,325 | €7,445 | +€120 | +1.6% |
| Total equity and liabilities | 10/49 | €235,285 | €291,547 | +€56,262 | +23.9% |
| Equity | 10/15 | €205,886 | €271,544 | +€65,659 | +31.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €187,091 | €252,750 | +€65,659 | +35.1% |
| Distributable reserves | 133 | €187,091 | €252,750 | +€65,659 | +35.1% |
| Profit (loss) carried forward | 14 | €194 | €194 | = | 0.0% |
| Amounts payable | 17/49 | €29,399 | €20,003 | -€9,397 | -32.0% |
| Amounts payable within one year | 42/48 | €29,399 | €20,003 | -€9,397 | -32.0% |
| Trade debts | 44 | €384 | €179 | -€205 | -53.4% |
| Suppliers | 440/4 | €384 | €179 | -€205 | -53.4% |
| Taxes, remuneration and social security | 45 | €29,015 | €19,824 | -€9,192 | -31.7% |
| Taxes | 450/3 | €29,015 | €19,824 | -€9,192 | -31.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,461 | €18,461 | = | 0.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €108,439 | €108,672 | +€233 | +0.2% |
| Operating profit (loss) | 9901 | €89,473 | €89,691 | +€218 | +0.2% |
| Financial income | 75/76B | €463 | €1,226 | +€763 | +165% |
| Recurring financial income | 75 | €463 | €1,226 | +€763 | +165% |
| Financial charges | 65/66B | €135 | €164 | +€29 | +21.4% |
| Recurring financial charges | 65 | €135 | €164 | +€29 | +21.4% |
| Profit (loss) for the period before taxes | 9903 | €89,800 | €90,753 | +€952 | +1.1% |
| Income taxes | 67/77 | €25,307 | €25,094 | -€213 | -0.8% |
| Profit (loss) for the period | 9904 | €64,494 | €65,659 | +€1,165 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €64,494 | €65,659 | +€1,165 | +1.8% |
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 13 October 2026 via checked.be.