STEFENS & CO: 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.
STEFENS & CO
Largest movements
- Receivables within one year -€54,713
down €54,713 (-81.4%), from €67,247 to €12,534
of which Other amounts receivable: -€48,041
- Deferred charges and accrued income -€10,108
no longer reported in 2024 (was €10,108)
- Stocks and contracts -€7,227
no longer reported in 2024 (was €7,227)
of which Contracts in progress: -€4,900
- Tangible fixed assets -€2,121
down €2,121 (-24.1%), from €8,802 to €6,681
of which Furniture and vehicles: -€1,297
- Trade debts -€73,787
down €73,787 (-87.3%), from €84,474 to €10,687
- Other debts -€4,376
no longer reported in 2024 (was €4,376)
- Profit (loss) carried forward +€3,341
up €3,341 (+10.0%), from -€33,363 to -€30,022
- Staff costs -€17,834
no longer reported in 2024 (was €17,834)
- Depreciation -€5,889
down €5,889 (-73.5%), from €8,010 to €2,121
- Gross operating margin -€5,583
down €5,583 (-39.5%), from €14,140 to €8,558
- Taxes +€1,487
up €1,487 (+528%), from €282 to €1,769
- Financial income -€1,229
down €1,229 (-36.9%), from €3,335 to €2,106
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,273 | €19,274 | -€74,999 | -79.6% |
| Fixed assets | 21/28 | €8,802 | €6,681 | -€2,121 | -24.1% |
| Tangible fixed assets | 22/27 | €8,802 | €6,681 | -€2,121 | -24.1% |
| Land and buildings | 22 | €3,316 | €2,578 | -€738 | -22.3% |
| Plant, machinery and equipment | 23 | €226 | €140 | -€86 | -38.2% |
| Furniture and vehicles | 24 | €5,260 | €3,963 | -€1,297 | -24.7% |
| Current assets | 29/58 | €85,471 | €12,594 | -€72,878 | -85.3% |
| Stocks and contracts in progress | 3 | €7,227 | - | -€7,227 | |
| Stocks | 30/36 | €2,327 | - | -€2,327 | |
| Contracts in progress | 37 | €4,900 | - | -€4,900 | |
| Amounts receivable within one year | 40/41 | €67,247 | €12,534 | -€54,713 | -81.4% |
| Trade receivables | 40 | €9,330 | €2,659 | -€6,671 | -71.5% |
| Other amounts receivable | 41 | €57,917 | €9,875 | -€48,041 | -82.9% |
| Cash at bank and in hand | 54/58 | €890 | €60 | -€830 | -93.3% |
| Deferred charges and accrued income | 490/1 | €10,108 | - | -€10,108 | |
| Total equity and liabilities | 10/49 | €94,273 | €19,274 | -€74,999 | -79.6% |
| Equity | 10/15 | €294 | €3,636 | +€3,341 | +1,135% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,058 | €15,058 | = | 0.0% |
| Non-distributable reserves | 130/1 | €760 | €760 | = | 0.0% |
| Reserves not available under the articles | 1311 | €760 | €760 | = | 0.0% |
| Distributable reserves | 133 | €14,298 | €14,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,363 | -€30,022 | +€3,341 | +10.0% |
| Amounts payable | 17/49 | €93,979 | €15,639 | -€78,340 | -83.4% |
| Amounts payable within one year | 42/48 | €93,979 | €15,639 | -€78,340 | -83.4% |
| Trade debts | 44 | €84,474 | €10,687 | -€73,787 | -87.3% |
| Suppliers | 440/4 | €84,474 | €10,687 | -€73,787 | -87.3% |
| Taxes, remuneration and social security | 45 | €5,128 | €4,951 | -€177 | -3.5% |
| Taxes | 450/3 | - | €4,951 | +€4,951 | |
| Remuneration and social security | 454/9 | €5,128 | - | -€5,128 | |
| Other amounts payable | 47/48 | €4,376 | - | -€4,376 | |
| Remuneration, social security and pensions | 62 | €17,834 | - | -€17,834 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,010 | €2,121 | -€5,889 | -73.5% |
| Other operating charges | 640/8 | €2,113 | €2,713 | +€600 | +28.4% |
| Gross operating margin | 9900 | €14,140 | €8,558 | -€5,583 | -39.5% |
| Operating profit (loss) | 9901 | -€13,817 | €3,723 | +€17,540 | |
| Financial income | 75/76B | €3,335 | €2,106 | -€1,229 | -36.9% |
| Recurring financial income | 75 | €3,335 | €2,106 | -€1,229 | -36.9% |
| Financial charges | 65/66B | €1,517 | €719 | -€798 | -52.6% |
| Recurring financial charges | 65 | €984 | €719 | -€265 | -26.9% |
| Non-recurring financial charges | 66B | €533 | - | -€533 | |
| Profit (loss) for the period before taxes | 9903 | -€11,999 | €5,110 | +€17,109 | |
| Income taxes | 67/77 | €282 | €1,769 | +€1,487 | +528% |
| Profit (loss) for the period | 9904 | -€12,281 | €3,341 | +€15,622 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,281 | €3,341 | +€15,622 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.