Steeright Europe: what changed
Steeright Europe
Largest movements
- Cash -€54,821
down €54,821 (-98.3%), from €55,751 to €931
mainly Tax, wage and social debts (-€32,359) and Net result for the year (-€27,666)
- Intangible fixed assets -€960
down €960 (-20.4%), from €4,716 to €3,756
- Tax, wage and social debts -€32,359
no longer reported in 2025 (was €32,359)
of which Remuneration and social security: -€28,600
- Profit (loss) carried forward -€27,666
down €27,666, from €12,877 to -€14,788
- Other debts +€9,584
up €9,584 (+90.9%), from €10,546 to €20,131
- Trade debts -€5,046
down €5,046 (-99.3%), from €5,082 to €36
- Gross operating margin -€51,790
down €51,790, from €25,896 to -€25,894
- Taxes -€3,273
no longer reported in 2025 (was €3,273)
- Depreciation +€876
up €876 (+1,044%), from €84 to €960
- Staff costs -€423
no longer reported in 2025 (was €423)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,865 | €5,380 | -€55,485 | -91.2% |
| Fixed assets | 21/28 | €4,716 | €3,756 | -€960 | -20.4% |
| Intangible fixed assets | 21 | €4,716 | €3,756 | -€960 | -20.4% |
| Current assets | 29/58 | €56,149 | €1,624 | -€54,525 | -97.1% |
| Amounts receivable within one year | 40/41 | €291 | €582 | +€292 | +100% |
| Trade receivables | 40 | €291 | €46 | -€245 | -84.2% |
| Other amounts receivable | 41 | - | €536 | +€536 | |
| Cash at bank and in hand | 54/58 | €55,751 | €931 | -€54,821 | -98.3% |
| Deferred charges and accrued income | 490/1 | €107 | €111 | +€4 | +3.4% |
| Total equity and liabilities | 10/49 | €60,865 | €5,380 | -€55,485 | -91.2% |
| Equity | 10/15 | €12,878 | -€14,787 | -€27,666 | |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,877 | -€14,788 | -€27,666 | |
| Amounts payable | 17/49 | €47,987 | €20,167 | -€27,820 | -58.0% |
| Amounts payable within one year | 42/48 | €47,987 | €20,167 | -€27,820 | -58.0% |
| Trade debts | 44 | €5,082 | €36 | -€5,046 | -99.3% |
| Suppliers | 440/4 | €5,082 | €36 | -€5,046 | -99.3% |
| Taxes, remuneration and social security | 45 | €32,359 | - | -€32,359 | |
| Taxes | 450/3 | €3,759 | - | -€3,759 | |
| Remuneration and social security | 454/9 | €28,600 | - | -€28,600 | |
| Other amounts payable | 47/48 | €10,546 | €20,131 | +€9,584 | +90.9% |
| Remuneration, social security and pensions | 62 | €423 | - | -€423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84 | €960 | +€876 | +1,044% |
| Other operating charges | 640/8 | €705 | €750 | +€45 | +6.4% |
| Gross operating margin | 9900 | €25,896 | -€25,894 | -€51,790 | |
| Operating profit (loss) | 9901 | €24,685 | -€27,603 | -€52,288 | |
| Financial income | 75/76B | €1 | €10 | +€9 | +1,369% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +1,369% |
| Financial charges | 65/66B | €68 | €72 | +€4 | +5.8% |
| Recurring financial charges | 65 | €68 | €72 | +€4 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €24,617 | -€27,666 | -€52,283 | |
| Income taxes | 67/77 | €3,273 | - | -€3,273 | |
| Profit (loss) for the period | 9904 | €21,345 | -€27,666 | -€49,010 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,345 | -€27,666 | -€49,010 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.