STEENWAUTS: 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.
STEENWAUTS
Largest movements
- Cash +€31,747
up €31,747 (+170.2%), from €18,649 to €50,396
mainly Depreciation (+€40,949) and Net result for the year (+€22,943)
- Tangible fixed assets +€18,953
up €18,953 (+20.8%), from €91,061 to €110,014
of which Furniture and vehicles: +€42,659
- Receivables within one year -€3,158
down €3,158 (-3.4%), from €94,042 to €90,884
of which Trade receivables: -€3,157
- Profit (loss) carried forward +€22,943
up €22,943 (+24.1%), from €95,057 to €118,000
- Current portion of long-term debt +€9,295
up €9,295 (+53.6%), from €17,357 to €26,652
- Trade debts +€8,622
up €8,622 (+468.3%), from €1,841 to €10,463
- Tax, wage and social debts +€4,700
up €4,700 (+22.2%), from €21,178 to €25,878
of which Remuneration and social security: +€4,889
- Other debts +€2,682
up €2,682 (+81.1%), from €3,309 to €5,991
- Gross operating margin +€60,930
up €60,930 (+44.5%), from €137,034 to €197,964
- Staff costs +€20,188
up €20,188 (+21.1%), from €95,775 to €115,963
- Taxes +€9,181
up €9,181 (+650.7%), from €1,411 to €10,592
- Depreciation +€4,108
up €4,108 (+11.2%), from €36,841 to €40,949
- Other operating charges +€2,076
up €2,076 (+201.1%), from €1,032 to €3,108
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.
Cash bridge derived
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 | €206,447 | €252,454 | +€46,007 | +22.3% |
| Fixed assets | 21/28 | €91,061 | €110,014 | +€18,953 | +20.8% |
| Tangible fixed assets | 22/27 | €91,061 | €110,014 | +€18,953 | +20.8% |
| Plant, machinery and equipment | 23 | €63,882 | €40,176 | -€23,706 | -37.1% |
| Furniture and vehicles | 24 | €27,179 | €69,838 | +€42,659 | +157.0% |
| Current assets | 29/58 | €115,386 | €142,441 | +€27,055 | +23.4% |
| Amounts receivable within one year | 40/41 | €94,042 | €90,884 | -€3,158 | -3.4% |
| Trade receivables | 40 | €93,230 | €90,073 | -€3,157 | -3.4% |
| Other amounts receivable | 41 | €812 | €812 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €18,649 | €50,396 | +€31,747 | +170.2% |
| Deferred charges and accrued income | 490/1 | €2,695 | €1,161 | -€1,534 | -56.9% |
| Total equity and liabilities | 10/49 | €206,447 | €252,454 | +€46,007 | +22.3% |
| Equity | 10/15 | €122,660 | €145,603 | +€22,943 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,003 | €9,003 | +€0 | 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% |
| Tax-exempt reserves | 132 | €7,143 | €7,143 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €95,057 | €118,000 | +€22,943 | +24.1% |
| Amounts payable | 17/49 | €83,787 | €106,851 | +€23,064 | +27.5% |
| Amounts payable after more than one year | 17 | €40,102 | €37,867 | -€2,235 | -5.6% |
| Financial debts | 170/4 | €40,102 | €37,867 | -€2,235 | -5.6% |
| Amounts payable within one year | 42/48 | €43,685 | €68,984 | +€25,299 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €17,357 | €26,652 | +€9,295 | +53.6% |
| Trade debts | 44 | €1,841 | €10,463 | +€8,622 | +468.3% |
| Suppliers | 440/4 | €1,841 | €10,463 | +€8,622 | +468.3% |
| Taxes, remuneration and social security | 45 | €21,178 | €25,878 | +€4,700 | +22.2% |
| Taxes | 450/3 | €19,951 | €19,762 | -€189 | -0.9% |
| Remuneration and social security | 454/9 | €1,227 | €6,116 | +€4,889 | +398.4% |
| Other amounts payable | 47/48 | €3,309 | €5,991 | +€2,682 | +81.1% |
| Remuneration, social security and pensions | 62 | €95,775 | €115,963 | +€20,188 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,841 | €40,949 | +€4,108 | +11.2% |
| Other operating charges | 640/8 | €1,032 | €3,108 | +€2,076 | +201.1% |
| Gross operating margin | 9900 | €137,034 | €197,964 | +€60,930 | +44.5% |
| Operating profit (loss) | 9901 | €3,386 | €37,944 | +€34,558 | +1020.6% |
| Financial income | 75/76B | €347 | €10 | -€337 | -97.1% |
| Recurring financial income | 75 | €347 | €10 | -€337 | -97.1% |
| Financial charges | 65/66B | €3,710 | €4,419 | +€709 | +19.1% |
| Recurring financial charges | 65 | €3,710 | €2,227 | -€1,483 | -40.0% |
| Non-recurring financial charges | 66B | - | €2,192 | +€2,192 | |
| Profit (loss) for the period before taxes | 9903 | €23 | €33,535 | +€33,512 | +145704.7% |
| Income taxes | 67/77 | €1,411 | €10,592 | +€9,181 | +650.7% |
| Profit (loss) for the period | 9904 | -€1,388 | €22,943 | +€24,331 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,388 | €22,943 | +€24,331 |
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 11 October 2026 via checked.be.