Steepi: 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.
Steepi
Largest movements
- Current investments +€40,000
new in 2025: €40,000
- Cash -€35,655
down €35,655 (-71.4%), from €49,963 to €14,307
mainly Current investments (-€40,000) and Trade debts (-€1,665)
- Receivables within one year +€988
up €988 (+38.3%), from €2,579 to €3,567
of which Other amounts receivable: +€2,097
- Tangible fixed assets -€875
down €875 (-47.1%), from €1,859 to €984
- Reserves +€3,595
up €3,595 (+10.3%), from €34,911 to €38,506
- Other debts +€3,583
up €3,583 (+57.4%), from €6,241 to €9,824
- Trade debts -€1,665
down €1,665 (-94.6%), from €1,759 to €95
- Tax, wage and social debts -€1,051
down €1,051 (-51.7%), from €2,031 to €981
- Gross operating margin -€6,064
down €6,064 (-46.9%), from €12,927 to €6,863
- Taxes -€2,037
down €2,037 (-51.0%), from €3,994 to €1,958
- Depreciation +€478
up €478 (+120.5%), from €397 to €875
- Financial income +€215
new in 2025: €215
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 | €54,840 | €59,303 | +€4,463 | +8.1% |
| Fixed assets | 21/28 | €1,859 | €984 | -€875 | -47.1% |
| Tangible fixed assets | 22/27 | €1,859 | €984 | -€875 | -47.1% |
| Furniture and vehicles | 24 | €1,859 | €984 | -€875 | -47.1% |
| Current assets | 29/58 | €52,981 | €58,319 | +€5,338 | +10.1% |
| Amounts receivable within one year | 40/41 | €2,579 | €3,567 | +€988 | +38.3% |
| Trade receivables | 40 | €2,571 | €1,461 | -€1,110 | -43.2% |
| Other amounts receivable | 41 | €9 | €2,106 | +€2,097 | +23967.3% |
| Current investments | 50/53 | - | €40,000 | +€40,000 | |
| Cash at bank and in hand | 54/58 | €49,963 | €14,307 | -€35,655 | -71.4% |
| Deferred charges and accrued income | 490/1 | €439 | €445 | +€5 | +1.2% |
| Total equity and liabilities | 10/49 | €54,840 | €59,303 | +€4,463 | +8.1% |
| Equity | 10/15 | €44,808 | €48,403 | +€3,595 | +8.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,911 | €38,506 | +€3,595 | +10.3% |
| Distributable reserves | 133 | €34,911 | €38,506 | +€3,595 | +10.3% |
| Profit (loss) carried forward | 14 | €3,697 | €3,697 | = | 0.0% |
| Amounts payable | 17/49 | €10,032 | €10,899 | +€868 | +8.7% |
| Amounts payable within one year | 42/48 | €10,032 | €10,899 | +€868 | +8.7% |
| Trade debts | 44 | €1,759 | €95 | -€1,665 | -94.6% |
| Suppliers | 440/4 | €1,759 | €95 | -€1,665 | -94.6% |
| Taxes, remuneration and social security | 45 | €2,031 | €981 | -€1,051 | -51.7% |
| Taxes | 450/3 | €2,031 | €981 | -€1,051 | -51.7% |
| Other amounts payable | 47/48 | €6,241 | €9,824 | +€3,583 | +57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €397 | €875 | +€478 | +120.5% |
| Other operating charges | 640/8 | €592 | €610 | +€18 | +3.0% |
| Gross operating margin | 9900 | €12,927 | €6,863 | -€6,064 | -46.9% |
| Operating profit (loss) | 9901 | €11,938 | €5,378 | -€6,560 | -54.9% |
| Financial income | 75/76B | - | €215 | +€215 | |
| Recurring financial income | 75 | - | €215 | +€215 | |
| Financial charges | 65/66B | €49 | €41 | -€9 | -17.4% |
| Recurring financial charges | 65 | €49 | €41 | -€9 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €11,889 | €5,552 | -€6,337 | -53.3% |
| Income taxes | 67/77 | €3,994 | €1,958 | -€2,037 | -51.0% |
| Profit (loss) for the period | 9904 | €7,895 | €3,595 | -€4,300 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,895 | €3,595 | -€4,300 | -54.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.