STEENSCHUUR: 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.
STEENSCHUUR
Largest movements
- Tangible fixed assets +€16,829
up €16,829 (+2.2%), from €751,026 to €767,854
of which Plant, machinery and equipment: +€22,439
- Tax, wage and social debts -€30,941
down €30,941 (-38.7%), from €79,995 to €49,055
of which Remuneration and social security: -€26,119
- Profit (loss) carried forward +€24,540
up €24,540 (+8.5%), from -€289,213 to -€264,673
- Other debts +€21,622
up €21,622 (+5.6%), from €385,559 to €407,181
- Gross operating margin -€19,228
down €19,228 (-9.8%), from €196,465 to €177,237
- Taxes -€18,477
down €18,477 (-70.7%), from €26,139 to €7,663
- Financial charges +€13,931
up €13,931 (+18.2%), from €76,437 to €90,368
- Depreciation +€9,260
up €9,260 (+26.1%), from €35,472 to €44,733
- Other operating charges +€7,790
up €7,790 (+150.0%), from €5,193 to €12,983
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,187,373 | €1,214,276 | +€26,903 | +2.3% |
| Fixed assets | 21/28 | €752,136 | €768,965 | +€16,829 | +2.2% |
| Tangible fixed assets | 22/27 | €751,026 | €767,854 | +€16,829 | +2.2% |
| Land and buildings | 22 | €671,796 | €645,926 | -€25,870 | -3.9% |
| Plant, machinery and equipment | 23 | €71,826 | €94,265 | +€22,439 | +31.2% |
| Furniture and vehicles | 24 | €4,346 | €25,327 | +€20,981 | +482.7% |
| Other tangible fixed assets | 26 | €3,057 | €2,337 | -€720 | -23.6% |
| Financial fixed assets | 28 | €1,110 | €1,110 | = | 0.0% |
| Current assets | 29/58 | €435,237 | €445,311 | +€10,074 | +2.3% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €77,728 | €80,991 | +€3,262 | +4.2% |
| Trade receivables | 40 | €13,078 | €26,849 | +€13,771 | +105.3% |
| Other amounts receivable | 41 | €64,650 | €54,141 | -€10,509 | -16.3% |
| Cash at bank and in hand | 54/58 | €297,518 | €304,535 | +€7,017 | +2.4% |
| Deferred charges and accrued income | 490/1 | €9,991 | €9,786 | -€205 | -2.0% |
| Total equity and liabilities | 10/49 | €1,187,373 | €1,214,276 | +€26,903 | +2.3% |
| Equity | 10/15 | -€149,880 | -€125,341 | +€24,540 | +16.4% |
| Contributions | 10/11 | €126,000 | €126,000 | = | 0.0% |
| Capital | 10 | €126,000 | €126,000 | = | 0.0% |
| Issued capital | 100 | €126,000 | €126,000 | = | 0.0% |
| Reserves | 13 | €13,332 | €13,332 | = | 0.0% |
| Distributable reserves | 133 | €13,332 | €13,332 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€289,213 | -€264,673 | +€24,540 | +8.5% |
| Amounts payable | 17/49 | €1,337,253 | €1,339,617 | +€2,363 | +0.2% |
| Amounts payable after more than one year | 17 | €797,715 | €797,715 | = | 0.0% |
| Financial debts | 170/4 | €797,715 | €797,715 | = | 0.0% |
| Amounts payable within one year | 42/48 | €538,004 | €537,922 | -€82 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €14,490 | €14,490 | = | 0.0% |
| Trade debts | 44 | €57,960 | €67,197 | +€9,237 | +15.9% |
| Suppliers | 440/4 | €57,960 | €67,197 | +€9,237 | +15.9% |
| Taxes, remuneration and social security | 45 | €79,995 | €49,055 | -€30,941 | -38.7% |
| Taxes | 450/3 | €53,876 | €49,055 | -€4,822 | -8.9% |
| Remuneration and social security | 454/9 | €26,119 | €0 | -€26,119 | -100.0% |
| Other amounts payable | 47/48 | €385,559 | €407,181 | +€21,622 | +5.6% |
| Accrued charges and deferred income | 492/3 | €1,535 | €3,979 | +€2,445 | +159.3% |
| Non-recurring operating income | 76A | - | €6,787 | +€6,787 | |
| Remuneration, social security and pensions | 62 | €565 | €0 | -€565 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,472 | €44,733 | +€9,260 | +26.1% |
| Other operating charges | 640/8 | €5,193 | €12,983 | +€7,790 | +150.0% |
| Gross operating margin | 9900 | €196,465 | €177,237 | -€19,228 | -9.8% |
| Operating profit (loss) | 9901 | €155,235 | €119,522 | -€35,713 | -23.0% |
| Financial income | 75/76B | €9 | €3,049 | +€3,041 | +35647.8% |
| Recurring financial income | 75 | €9 | €3,049 | +€3,041 | +35647.8% |
| Financial charges | 65/66B | €76,437 | €90,368 | +€13,931 | +18.2% |
| Recurring financial charges | 65 | €76,437 | €90,368 | +€13,931 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €78,806 | €32,203 | -€46,604 | -59.1% |
| Income taxes | 67/77 | €26,139 | €7,663 | -€18,477 | -70.7% |
| Profit (loss) for the period | 9904 | €52,667 | €24,540 | -€28,127 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,667 | €24,540 | -€28,127 | -53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.