STEF POMPING: what changed
What changed
STEF POMPING
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
€15,766
2024 · €24,853-€9,086
Equity
€52,468
2024 · €36,702+€15,766
Cash
€5,006
2024 · €4,651+€355
Balance sheet total
€516,690
2024 · €467,581+€49,109
Largest movements
Assets
- Tangible fixed assets +€27,433
up €27,433 (+6.8%), from €404,390 to €431,822
of which Furniture and vehicles: +€26,719
- Receivables within one year +€19,523
up €19,523 (+33.7%), from €57,980 to €77,504
of which Other amounts receivable: +€12,954
Equity and liabilities
- Trade debts +€21,369
up €21,369 (+286%), from €7,463 to €28,832
- Reserves +€15,766
up €15,766 (+45.4%), from €34,702 to €50,468
- Tax, wage and social debts +€10,197
up €10,197 (+43.3%), from €23,542 to €33,739
of which Remuneration and social security: +€10,561
- Current portion of long-term debt +€7,955
up €7,955 (+9.0%), from €88,610 to €96,565
- Debts after one year -€6,278
down €6,278 (-3.1%), from €204,551 to €198,273
Income statement
- Depreciation +€7,934
up €7,934 (+10.3%), from €77,121 to €85,056
- Financial charges -€7,090
down €7,090 (-35.5%), from €19,960 to €12,870
- Taxes +€4,914
new in 2025: €4,914
- Other operating charges +€3,092
up €3,092 (+329%), from €939 to €4,031
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.
Result 2024
€24,853
Gross operating margin
-€372
Depreciation
-€7,934
Other operating charges
-€3,092
Financial income
+€136
Financial charges
+€7,090
Taxes
-€4,914
Result 2025
€15,766
raises the resultlowers the result
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.
From operations
+€111,302
Investment
-€112,623
Financing
+€1,677
Cash 2024
€4,651
From operations (derived)
+€111,302
Net result for the year
+€15,766
Depreciation
+€85,056
Receivables within one year
-€19,523
Deferred charges and accrued income
-€1,663
Trade debts
+€21,369
Tax, wage and social debts
+€10,197
Other debts
+€966
Accrued charges and deferred income
-€866
Investment (derived)
-€112,623
Investment in fixed assets (net)
-€112,623
Financing
+€1,677
Debts after one year
-€6,278
Current portion of long-term debt
+€7,955
Cash 2025
€5,006
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,581 | €516,690 | +€49,109 | +10.5% |
| Fixed assets | 21/28 | €404,640 | €432,207 | +€27,568 | +6.8% |
| Tangible fixed assets | 22/27 | €404,390 | €431,822 | +€27,433 | +6.8% |
| Plant, machinery and equipment | 23 | €10,972 | €15,039 | +€4,067 | +37.1% |
| Furniture and vehicles | 24 | €385,905 | €412,624 | +€26,719 | +6.9% |
| Leasing and similar rights | 25 | €7,513 | €1,947 | -€5,566 | -74.1% |
| Other tangible fixed assets | 26 | - | €2,213 | +€2,213 | |
| Financial fixed assets | 28 | €250 | €385 | +€135 | +54.0% |
| Current assets | 29/58 | €62,941 | €84,483 | +€21,542 | +34.2% |
| Amounts receivable within one year | 40/41 | €57,980 | €77,504 | +€19,523 | +33.7% |
| Trade receivables | 40 | €49,616 | €56,185 | +€6,569 | +13.2% |
| Other amounts receivable | 41 | €8,365 | €21,319 | +€12,954 | +155% |
| Cash at bank and in hand | 54/58 | €4,651 | €5,006 | +€355 | +7.6% |
| Deferred charges and accrued income | 490/1 | €310 | €1,973 | +€1,663 | +536% |
| Total equity and liabilities | 10/49 | €467,581 | €516,690 | +€49,109 | +10.5% |
| Equity | 10/15 | €36,702 | €52,468 | +€15,766 | +43.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,702 | €50,468 | +€15,766 | +45.4% |
| Distributable reserves | 133 | €34,702 | €50,468 | +€15,766 | +45.4% |
| Amounts payable | 17/49 | €430,879 | €464,222 | +€33,343 | +7.7% |
| Amounts payable after more than one year | 17 | €204,551 | €198,273 | -€6,278 | -3.1% |
| Financial debts | 170/4 | €204,551 | €198,273 | -€6,278 | -3.1% |
| Amounts payable within one year | 42/48 | €225,462 | €265,948 | +€40,487 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €88,610 | €96,565 | +€7,955 | +9.0% |
| Trade debts | 44 | €7,463 | €28,832 | +€21,369 | +286% |
| Suppliers | 440/4 | €7,463 | €28,832 | +€21,369 | +286% |
| Taxes, remuneration and social security | 45 | €23,542 | €33,739 | +€10,197 | +43.3% |
| Taxes | 450/3 | €1,288 | €924 | -€364 | -28.3% |
| Remuneration and social security | 454/9 | €22,255 | €32,815 | +€10,561 | +47.5% |
| Other amounts payable | 47/48 | €105,847 | €106,813 | +€966 | +0.9% |
| Accrued charges and deferred income | 492/3 | €866 | €0 | -€866 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,121 | €85,056 | +€7,934 | +10.3% |
| Other operating charges | 640/8 | €939 | €4,031 | +€3,092 | +329% |
| Gross operating margin | 9900 | €122,824 | €122,451 | -€372 | -0.3% |
| Operating profit (loss) | 9901 | €44,763 | €33,364 | -€11,398 | -25.5% |
| Financial income | 75/76B | €50 | €186 | +€136 | +271% |
| Recurring financial income | 75 | €50 | €186 | +€136 | +271% |
| Financial charges | 65/66B | €19,960 | €12,870 | -€7,090 | -35.5% |
| Recurring financial charges | 65 | €19,960 | €12,870 | -€7,090 | -35.5% |
| Profit (loss) for the period before taxes | 9903 | €24,853 | €20,680 | -€4,172 | -16.8% |
| Income taxes | 67/77 | - | €4,914 | +€4,914 | |
| Profit (loss) for the period | 9904 | €24,853 | €15,766 | -€9,086 | -36.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,853 | €15,766 | -€9,086 | -36.6% |
Next steps
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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 3 November 2026 via checked.be.