STEENTJE: 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.
STEENTJE
Largest movements
- Cash -€30,604
down €30,604 (-29.5%), from €103,583 to €72,979
mainly Current investments (-€24,000) and Net result for the year (-€18,446)
- Current investments +€24,000
up €24,000 (+42.9%), from €56,000 to €80,000
- Tangible fixed assets -€14,851
down €14,851 (-41.7%), from €35,601 to €20,750
of which Furniture and vehicles: -€12,113
- Receivables within one year -€3,692
down €3,692 (-69.3%), from €5,324 to €1,632
of which Trade receivables: -€5,324
- Profit (loss) carried forward -€18,446
down €18,446 (-630.4%), from -€2,926 to -€21,372
- Other debts -€3,204
down €3,204 (-48.7%), from €6,579 to €3,375
- Trade debts -€2,691
down €2,691 (-99.8%), from €2,696 to €5
- Gross operating margin -€23,244
down €23,244, from €16,555 to -€6,688
- Financial income +€3,629
up €3,629 (+557.4%), from €651 to €4,280
- Depreciation -€2,396
down €2,396 (-13.9%), from €17,247 to €14,851
- Taxes -€645
down €645 (-73.5%), from €878 to €232
- Financial charges -€638
down €638 (-92.0%), from €693 to €56
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €200,985 | €175,612 | -€25,373 | -12.6% |
| Fixed assets | 21/28 | €35,601 | €20,750 | -€14,851 | -41.7% |
| Tangible fixed assets | 22/27 | €35,601 | €20,750 | -€14,851 | -41.7% |
| Land and buildings | 22 | €635 | - | -€635 | |
| Plant, machinery and equipment | 23 | €6,039 | €3,937 | -€2,102 | -34.8% |
| Furniture and vehicles | 24 | €28,927 | €16,813 | -€12,113 | -41.9% |
| Current assets | 29/58 | €165,384 | €154,862 | -€10,522 | -6.4% |
| Amounts receivable within one year | 40/41 | €5,324 | €1,632 | -€3,692 | -69.3% |
| Trade receivables | 40 | €5,324 | - | -€5,324 | |
| Other amounts receivable | 41 | - | €1,632 | +€1,632 | |
| Current investments | 50/53 | €56,000 | €80,000 | +€24,000 | +42.9% |
| Cash at bank and in hand | 54/58 | €103,583 | €72,979 | -€30,604 | -29.5% |
| Deferred charges and accrued income | 490/1 | €477 | €251 | -€226 | -47.4% |
| Total equity and liabilities | 10/49 | €200,985 | €175,612 | -€25,373 | -12.6% |
| Equity | 10/15 | €190,175 | €171,729 | -€18,446 | -9.7% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €192,501 | €192,501 | = | 0.0% |
| Distributable reserves | 133 | €192,501 | €192,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,926 | -€21,372 | -€18,446 | -630.4% |
| Amounts payable | 17/49 | €10,810 | €3,883 | -€6,926 | -64.1% |
| Amounts payable within one year | 42/48 | €10,810 | €3,883 | -€6,926 | -64.1% |
| Trade debts | 44 | €2,696 | €5 | -€2,691 | -99.8% |
| Suppliers | 440/4 | €2,696 | €5 | -€2,691 | -99.8% |
| Taxes, remuneration and social security | 45 | €1,534 | €503 | -€1,031 | -67.2% |
| Taxes | 450/3 | €1,534 | €503 | -€1,031 | -67.2% |
| Other amounts payable | 47/48 | €6,579 | €3,375 | -€3,204 | -48.7% |
| Non-recurring operating income | 76A | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,247 | €14,851 | -€2,396 | -13.9% |
| Other operating charges | 640/8 | €1,314 | €899 | -€415 | -31.6% |
| Gross operating margin | 9900 | €16,555 | -€6,688 | -€23,244 | |
| Operating profit (loss) | 9901 | -€2,006 | -€22,438 | -€20,432 | -1018.7% |
| Financial income | 75/76B | €651 | €4,280 | +€3,629 | +557.4% |
| Recurring financial income | 75 | €651 | €4,280 | +€3,629 | +557.4% |
| Financial charges | 65/66B | €693 | €56 | -€638 | -92.0% |
| Recurring financial charges | 65 | €693 | €56 | -€638 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,048 | -€18,214 | -€16,166 | -789.3% |
| Income taxes | 67/77 | €878 | €232 | -€645 | -73.5% |
| Profit (loss) for the period | 9904 | -€2,926 | -€18,446 | -€15,520 | -530.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,926 | -€18,446 | -€15,520 | -530.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.