STEENWEG 44: 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.
STEENWEG 44
Largest movements
- Receivables within one year +€73,229
up €73,229 (+247%), from €29,653 to €102,882
of which Other amounts receivable: +€72,976
- Tangible fixed assets +€56,344
up €56,344 (+284%), from €19,827 to €76,171
of which Furniture and vehicles: +€57,972
- Trade debts +€74,681
up €74,681 (+3,834%), from €1,948 to €76,629
- Debts after one year +€37,942
up €37,942, from €0 to €37,942
- Current portion of long-term debt +€12,206
up €12,206 (+1,194%), from €1,023 to €13,228
- Other debts +€7,374
up €7,374 (+461%), from €1,600 to €8,974
- Profit (loss) carried forward +€3,842
up €3,842 (+5.6%), from €68,796 to €72,637
- Turnover -€149,838
no longer reported in 2025 (was €149,838)
- Purchases and services -€116,045
no longer reported in 2025 (was €116,045)
- Gross operating margin -€8,834
down €8,834 (-25.8%), from €34,284 to €25,450
- Depreciation +€7,420
up €7,420 (+70.8%), from €10,473 to €17,892
- Taxes -€3,795
down €3,795 (-67.0%), from €5,665 to €1,870
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.
Derived cash bridge
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 | €82,030 | €215,076 | +€133,045 | +162% |
| Fixed assets | 21/28 | €19,827 | €76,171 | +€56,344 | +284% |
| Tangible fixed assets | 22/27 | €19,827 | €76,171 | +€56,344 | +284% |
| Land and buildings | 22 | €3,058 | €4,373 | +€1,316 | +43.0% |
| Plant, machinery and equipment | 23 | €7,090 | €4,147 | -€2,943 | -41.5% |
| Furniture and vehicles | 24 | €9,679 | €67,650 | +€57,972 | +599% |
| Current assets | 29/58 | €62,203 | €138,905 | +€76,701 | +123% |
| Stocks and contracts in progress | 3 | - | €232 | +€232 | |
| Stocks | 30/36 | - | €232 | +€232 | |
| Amounts receivable within one year | 40/41 | €29,653 | €102,882 | +€73,229 | +247% |
| Trade receivables | 40 | €18,629 | €18,883 | +€253 | +1.4% |
| Other amounts receivable | 41 | €11,023 | €83,999 | +€72,976 | +662% |
| Cash at bank and in hand | 54/58 | €27,883 | €29,138 | +€1,255 | +4.5% |
| Deferred charges and accrued income | 490/1 | €4,668 | €6,653 | +€1,985 | +42.5% |
| Total equity and liabilities | 10/49 | €82,030 | €215,076 | +€133,045 | +162% |
| Equity | 10/15 | €73,796 | €77,637 | +€3,842 | +5.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,796 | €72,637 | +€3,842 | +5.6% |
| Amounts payable | 17/49 | €8,234 | €137,438 | +€129,204 | +1,569% |
| Amounts payable after more than one year | 17 | €0 | €37,942 | +€37,942 | |
| Financial debts | 170/4 | €0 | €37,942 | +€37,942 | |
| Amounts payable within one year | 42/48 | €8,234 | €99,496 | +€91,261 | +1,108% |
| Current portion of amounts payable after more than one year | 42 | €1,023 | €13,228 | +€12,206 | +1,194% |
| Trade debts | 44 | €1,948 | €76,629 | +€74,681 | +3,834% |
| Suppliers | 440/4 | €1,948 | €76,629 | +€74,681 | +3,834% |
| Taxes, remuneration and social security | 45 | €3,664 | €665 | -€2,999 | -81.9% |
| Taxes | 450/3 | €481 | €665 | +€184 | +38.3% |
| Remuneration and social security | 454/9 | €3,184 | €0 | -€3,184 | -100% |
| Other amounts payable | 47/48 | €1,600 | €8,974 | +€7,374 | +461% |
| Turnover | 70 | €149,838 | - | -€149,838 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €116,045 | - | -€116,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,473 | €17,892 | +€7,420 | +70.8% |
| Other operating charges | 640/8 | €276 | €211 | -€65 | -23.6% |
| Gross operating margin | 9900 | €34,284 | €25,450 | -€8,834 | -25.8% |
| Operating profit (loss) | 9901 | €23,535 | €7,347 | -€16,189 | -68.8% |
| Financial income | 75/76B | €160 | €198 | +€38 | +23.6% |
| Recurring financial income | 75 | €160 | €198 | +€38 | +23.6% |
| Financial charges | 65/66B | €283 | €1,833 | +€1,550 | +547% |
| Recurring financial charges | 65 | €283 | €1,833 | +€1,550 | +547% |
| Profit (loss) for the period before taxes | 9903 | €23,412 | €5,711 | -€17,701 | -75.6% |
| Income taxes | 67/77 | €5,665 | €1,870 | -€3,795 | -67.0% |
| Profit (loss) for the period | 9904 | €17,747 | €3,842 | -€13,906 | -78.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,747 | €3,842 | -€13,906 | -78.4% |
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 24 October 2026 via checked.be.