STEENINVEST: what changed
STEENINVEST
Largest movements
- Cash -€262,224
down €262,224 (-29.2%), from €896,549 to €634,325
mainly Other debts (-€370,589) and Receivables within one year (-€74,386)
- Receivables within one year +€74,386
up €74,386 (+982%), from €7,575 to €81,961
of which Other amounts receivable: +€77,498
- Deferred charges and accrued income -€13,391
down €13,391 (-100.0%), from €13,393 to €2
- Other debts -€370,589
no longer reported in 2025 (was €370,589)
- Trade debts +€175,307
up €175,307 (+62.2%), from €281,685 to €456,993
- Gross operating margin -€594,916
down €594,916, from €590,058 to -€4,858
- Staff costs -€206,047
down €206,047 (-99.8%), from €206,482 to €434
- Financial income +€11,567
up €11,567 (+383%), from €3,023 to €14,591
- Financial charges -€8,156
down €8,156 (-97.9%), from €8,330 to €174
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €917,517 | €716,288 | -€201,229 | -21.9% |
| Current assets | 29/58 | €917,517 | €716,288 | -€201,229 | -21.9% |
| Amounts receivable within one year | 40/41 | €7,575 | €81,961 | +€74,386 | +982% |
| Trade receivables | 40 | €3,623 | €511 | -€3,112 | -85.9% |
| Other amounts receivable | 41 | €3,952 | €81,450 | +€77,498 | +1,961% |
| Cash at bank and in hand | 54/58 | €896,549 | €634,325 | -€262,224 | -29.2% |
| Deferred charges and accrued income | 490/1 | €13,393 | €2 | -€13,391 | -100.0% |
| Total equity and liabilities | 10/49 | €917,517 | €716,288 | -€201,229 | -21.9% |
| Equity | 10/15 | €252,675 | €257,319 | +€4,644 | +1.8% |
| Contributions | 10/11 | €80,600 | €80,600 | = | 0.0% |
| Reserves | 13 | €52,460 | €52,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22,460 | - | -€22,460 | |
| Reserves not available under the articles | 1311 | €22,460 | - | -€22,460 | |
| Distributable reserves | 133 | €30,000 | €52,460 | +€22,460 | +74.9% |
| Profit (loss) carried forward | 14 | €119,615 | €124,259 | +€4,644 | +3.9% |
| Amounts payable | 17/49 | €664,843 | €458,969 | -€205,873 | -31.0% |
| Amounts payable within one year | 42/48 | €656,297 | €456,993 | -€199,304 | -30.4% |
| Trade debts | 44 | €281,685 | €456,993 | +€175,307 | +62.2% |
| Suppliers | 440/4 | €281,685 | €456,993 | +€175,307 | +62.2% |
| Taxes, remuneration and social security | 45 | €4,022 | - | -€4,022 | |
| Taxes | 450/3 | €4,022 | - | -€4,022 | |
| Other amounts payable | 47/48 | €370,589 | - | -€370,589 | |
| Accrued charges and deferred income | 492/3 | €8,546 | €1,977 | -€6,570 | -76.9% |
| Remuneration, social security and pensions | 62 | €206,482 | €434 | -€206,047 | -99.8% |
| Other operating charges | 640/8 | €3,048 | €3,610 | +€562 | +18.4% |
| Gross operating margin | 9900 | €590,058 | -€4,858 | -€594,916 | |
| Operating profit (loss) | 9901 | €380,528 | -€8,902 | -€389,431 | |
| Financial income | 75/76B | €3,023 | €14,591 | +€11,567 | +383% |
| Recurring financial income | 75 | €3,023 | €14,591 | +€11,567 | +383% |
| Financial charges | 65/66B | €8,330 | €174 | -€8,156 | -97.9% |
| Recurring financial charges | 65 | €8,330 | €174 | -€8,156 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | €375,221 | €5,514 | -€369,707 | -98.5% |
| Income taxes | 67/77 | €2,134 | €870 | -€1,264 | -59.2% |
| Profit (loss) for the period | 9904 | €373,087 | €4,644 | -€368,443 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €373,087 | €4,644 | -€368,443 | -98.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.