STEENHOUWERIJ MATTHYS: what changed
What changed
STEENHOUWERIJ MATTHYS
NACE 23.700, Cutting, shaping and finishing of stone
filed annual accounts (NBB)
Net result for the year
€2,903
2024 · €59,650-€56,746
Equity
€102,782
2024 · €99,878+€2,903
Cash
€7,707
2024 · €998+€6,709
Balance sheet total
€908,537
2024 · €996,850-€88,312
Largest movements
Assets
- Tangible fixed assets -€87,695
down €87,695 (-14.8%), from €593,280 to €505,586
of which Plant, machinery and equipment: -€53,812
Equity and liabilities
- Debts after one year -€79,984
down €79,984 (-24.1%), from €332,019 to €252,035
- Trade debts -€17,586
down €17,586 (-28.1%), from €62,485 to €44,899
Income statement
- Gross operating margin -€49,911
down €49,911 (-28.6%), from €174,445 to €124,534
- Depreciation +€6,954
up €6,954 (+7.5%), from €92,288 to €99,242
- Staff costs -€2,365
down €2,365, from €524 to -€1,841
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
€59,650
Gross operating margin
-€49,911
Staff costs
+€2,365
Depreciation
-€6,954
Other operating charges
-€817
Financial income
-€0
Financial charges
-€1,429
Result 2025
€2,903
raises the resultlowers the result
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
+€90,628
Investment
-€11,547
Financing
-€72,372
Cash 2024
€998
From operations (derived)
+€90,628
Net result for the year
+€2,903
Depreciation
+€99,242
Stocks and contracts
-€1,942
Receivables within one year
+€7,503
Deferred charges and accrued income
+€1,766
Trade debts
-€17,586
Tax, wage and social debts
-€824
Other debts
-€434
Investment (derived)
-€11,547
Investment in fixed assets (net)
-€11,547
Financing
-€72,372
Debts after one year
-€79,984
Current portion of long-term debt
+€7,613
Cash 2025
€7,707
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €996,850 | €908,537 | -€88,312 | -8.9% |
| Fixed assets | 21/28 | €593,530 | €505,836 | -€87,695 | -14.8% |
| Tangible fixed assets | 22/27 | €593,280 | €505,586 | -€87,695 | -14.8% |
| Land and buildings | 22 | €163,681 | €150,767 | -€12,915 | -7.9% |
| Plant, machinery and equipment | 23 | €358,493 | €304,680 | -€53,812 | -15.0% |
| Furniture and vehicles | 24 | €34,862 | €22,477 | -€12,385 | -35.5% |
| Leasing and similar rights | 25 | €36,244 | €27,662 | -€8,582 | -23.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €403,319 | €402,702 | -€618 | -0.2% |
| Stocks and contracts in progress | 3 | €375,330 | €377,272 | +€1,942 | +0.5% |
| Stocks | 30/36 | €375,330 | €377,272 | +€1,942 | +0.5% |
| Amounts receivable within one year | 40/41 | €23,304 | €15,800 | -€7,503 | -32.2% |
| Trade receivables | 40 | €23,297 | €15,800 | -€7,497 | -32.2% |
| Other amounts receivable | 41 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €998 | €7,707 | +€6,709 | +672% |
| Deferred charges and accrued income | 490/1 | €3,688 | €1,922 | -€1,766 | -47.9% |
| Total equity and liabilities | 10/49 | €996,850 | €908,537 | -€88,312 | -8.9% |
| Equity | 10/15 | €99,878 | €102,782 | +€2,903 | +2.9% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €4,506 | €4,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €2,646 | €2,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,228 | -€20,324 | +€2,903 | +12.5% |
| Amounts payable | 17/49 | €896,971 | €805,755 | -€91,216 | -10.2% |
| Amounts payable after more than one year | 17 | €332,019 | €252,035 | -€79,984 | -24.1% |
| Financial debts | 170/4 | €332,019 | €252,035 | -€79,984 | -24.1% |
| Amounts payable within one year | 42/48 | €564,952 | €553,721 | -€11,232 | -2.0% |
| Current portion of amounts payable after more than one year | 42 | €76,732 | €84,344 | +€7,613 | +9.9% |
| Financial debts | 43 | €30,000 | €30,000 | = | 0.0% |
| Credit institutions | 430/8 | €30,000 | €30,000 | = | 0.0% |
| Trade debts | 44 | €62,485 | €44,899 | -€17,586 | -28.1% |
| Suppliers | 440/4 | €62,485 | €44,899 | -€17,586 | -28.1% |
| Taxes, remuneration and social security | 45 | €4,444 | €3,620 | -€824 | -18.5% |
| Taxes | 450/3 | €2,772 | €1,947 | -€824 | -29.7% |
| Remuneration and social security | 454/9 | €1,673 | €1,673 | = | 0.0% |
| Other amounts payable | 47/48 | €391,291 | €390,857 | -€434 | -0.1% |
| Non-recurring operating income | 76A | €84,901 | - | -€84,901 | |
| Remuneration, social security and pensions | 62 | €524 | -€1,841 | -€2,365 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,288 | €99,242 | +€6,954 | +7.5% |
| Other operating charges | 640/8 | €6,203 | €7,020 | +€817 | +13.2% |
| Gross operating margin | 9900 | €174,445 | €124,534 | -€49,911 | -28.6% |
| Operating profit (loss) | 9901 | €75,431 | €20,114 | -€55,317 | -73.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -34.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -34.6% |
| Financial charges | 65/66B | €15,782 | €17,211 | +€1,429 | +9.1% |
| Recurring financial charges | 65 | €15,782 | €17,211 | +€1,429 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | €59,650 | €2,903 | -€56,746 | -95.1% |
| Profit (loss) for the period | 9904 | €59,650 | €2,903 | -€56,746 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €59,650 | €2,903 | -€56,746 | -95.1% |
Next steps
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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 2 November 2026 via checked.be.