STEEZE: 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.
STEEZE
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year +€43,688
up €43,688 (+9.5%), from €461,752 to €505,440
of which Other amounts receivable: +€52,981
- Cash -€43,044
down €43,044 (-29.5%), from €146,130 to €103,086
mainly Current investments (-€100,000) and Receivables within one year (-€43,688)
- Reserves +€135,710
up €135,710 (+26.9%), from €503,855 to €639,565
- Debts after one year -€31,989
down €31,989 (-44.7%), from €71,605 to €39,616
- Tax, wage and social debts -€18,027
down €18,027 (-40.9%), from €44,058 to €26,032
- Trade debts +€11,209
up €11,209 (+156%), from €7,195 to €18,404
- Depreciation +€4,911
up €4,911 (+44.5%), from €11,034 to €15,945
- Gross operating margin -€3,478
down €3,478 (-1.7%), from €206,110 to €202,632
- Financial income +€3,329
up €3,329 (+16.5%), from €20,164 to €23,493
- Taxes +€2,779
up €2,779 (+4.1%), from €66,980 to €69,759
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 | €686,161 | €784,343 | +€98,182 | +14.3% |
| Fixed assets | 21/28 | €77,823 | €70,253 | -€7,570 | -9.7% |
| Tangible fixed assets | 22/27 | €77,823 | €70,253 | -€7,570 | -9.7% |
| Plant, machinery and equipment | 23 | €3,656 | €9,233 | +€5,577 | +153% |
| Furniture and vehicles | 24 | €38,905 | €29,818 | -€9,086 | -23.4% |
| Other tangible fixed assets | 26 | €35,262 | €31,201 | -€4,061 | -11.5% |
| Current assets | 29/58 | €608,338 | €714,090 | +€105,752 | +17.4% |
| Amounts receivable within one year | 40/41 | €461,752 | €505,440 | +€43,688 | +9.5% |
| Trade receivables | 40 | €44,826 | €35,533 | -€9,293 | -20.7% |
| Other amounts receivable | 41 | €416,926 | €469,907 | +€52,981 | +12.7% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €146,130 | €103,086 | -€43,044 | -29.5% |
| Deferred charges and accrued income | 490/1 | €455 | €5,564 | +€5,108 | +1,122% |
| Total equity and liabilities | 10/49 | €686,161 | €784,343 | +€98,182 | +14.3% |
| Equity | 10/15 | €522,455 | €658,165 | +€135,710 | +26.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €503,855 | €639,565 | +€135,710 | +26.9% |
| Distributable reserves | 133 | €503,855 | €639,565 | +€135,710 | +26.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €163,706 | €126,178 | -€37,528 | -22.9% |
| Amounts payable after more than one year | 17 | €71,605 | €39,616 | -€31,989 | -44.7% |
| Financial debts | 170/4 | €71,605 | €39,616 | -€31,989 | -44.7% |
| Amounts payable within one year | 42/48 | €92,101 | €86,562 | -€5,538 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €30,848 | €31,989 | +€1,142 | +3.7% |
| Financial debts | 43 | €10,000 | €10,138 | +€138 | +1.4% |
| Credit institutions | 430/8 | €10,000 | €10,138 | +€138 | +1.4% |
| Trade debts | 44 | €7,195 | €18,404 | +€11,209 | +156% |
| Suppliers | 440/4 | €7,195 | €18,404 | +€11,209 | +156% |
| Taxes, remuneration and social security | 45 | €44,058 | €26,032 | -€18,027 | -40.9% |
| Taxes | 450/3 | €44,058 | €26,032 | -€18,027 | -40.9% |
| Non-recurring operating income | 76A | €8,926 | €0 | -€8,926 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,034 | €15,945 | +€4,911 | +44.5% |
| Other operating charges | 640/8 | €220 | €288 | +€68 | +30.9% |
| Non-recurring operating charges | 66A | €438 | €0 | -€438 | -100% |
| Gross operating margin | 9900 | €206,110 | €202,632 | -€3,478 | -1.7% |
| Operating profit (loss) | 9901 | €194,418 | €186,399 | -€8,019 | -4.1% |
| Financial income | 75/76B | €20,164 | €23,493 | +€3,329 | +16.5% |
| Recurring financial income | 75 | €20,164 | €23,493 | +€3,329 | +16.5% |
| Financial charges | 65/66B | €4,653 | €4,424 | -€229 | -4.9% |
| Recurring financial charges | 65 | €4,653 | €4,424 | -€229 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €209,929 | €205,468 | -€4,461 | -2.1% |
| Income taxes | 67/77 | €66,980 | €69,759 | +€2,779 | +4.1% |
| Profit (loss) for the period | 9904 | €142,949 | €135,710 | -€7,239 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €142,949 | €135,710 | -€7,239 | -5.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.