STEFFEN DESIGN: 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.
STEFFEN DESIGN
Largest movements
- Tangible fixed assets -€107,902
down €107,902 (-96.7%), from €111,612 to €3,710
of which Land and buildings: -€109,899
- Deferred charges and accrued income +€55,147
new in 2025: €55,147
- Cash +€54,694
up €54,694 (+1,106%), from €4,945 to €59,639
mainly Investment in fixed assets (net) (+€107,313) and Advances received (+€62,858)
- Receivables within one year +€41,344
up €41,344 (+150%), from €27,654 to €68,998
of which Trade receivables: +€48,384
- Stocks and contracts -€31,847
down €31,847 (-40.7%), from €78,157 to €46,310
- Debts after one year -€94,151
down €94,151 (-90.6%), from €103,951 to €9,800
- Advances received +€62,858
new in 2025: €62,858
- Reserves +€43,193
up €43,193 (+392%), from €11,030 to €54,223
of which Distributable reserves: +€43,193
- Trade debts +€30,342
up €30,342 (+224%), from €13,575 to €43,917
- Short-term financial debts -€25,807
down €25,807 (-96.1%), from €26,848 to €1,041
- Gross operating margin +€51,833
up €51,833 (+227%), from €22,790 to €74,622
- Taxes +€18,003
up €18,003 (+1,095%), from €1,644 to €19,647
- Financial charges -€4,031
down €4,031 (-47.7%), from €8,447 to €4,416
- Depreciation -€3,762
down €3,762 (-83.6%), from €4,501 to €739
- Other operating charges -€3,119
down €3,119 (-57.5%), from €5,427 to €2,309
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 | €222,517 | €233,803 | +€11,286 | +5.1% |
| Fixed assets | 21/28 | €111,762 | €3,710 | -€108,052 | -96.7% |
| Tangible fixed assets | 22/27 | €111,612 | €3,710 | -€107,902 | -96.7% |
| Land and buildings | 22 | €109,899 | €0 | -€109,899 | -100% |
| Plant, machinery and equipment | 23 | €1,713 | €0 | -€1,713 | -100% |
| Furniture and vehicles | 24 | - | €3,710 | +€3,710 | |
| Financial fixed assets | 28 | €150 | €0 | -€150 | -100% |
| Current assets | 29/58 | €110,756 | €230,094 | +€119,338 | +108% |
| Stocks and contracts in progress | 3 | €78,157 | €46,310 | -€31,847 | -40.7% |
| Stocks | 30/36 | €78,157 | €46,310 | -€31,847 | -40.7% |
| Amounts receivable within one year | 40/41 | €27,654 | €68,998 | +€41,344 | +150% |
| Trade receivables | 40 | €17,708 | €66,092 | +€48,384 | +273% |
| Other amounts receivable | 41 | €9,946 | €2,906 | -€7,040 | -70.8% |
| Cash at bank and in hand | 54/58 | €4,945 | €59,639 | +€54,694 | +1,106% |
| Deferred charges and accrued income | 490/1 | - | €55,147 | +€55,147 | |
| Total equity and liabilities | 10/49 | €222,517 | €233,803 | +€11,286 | +5.1% |
| Equity | 10/15 | €17,230 | €60,423 | +€43,193 | +251% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €11,030 | €54,223 | +€43,193 | +392% |
| Non-distributable reserves | 130/1 | €159 | €159 | = | 0.0% |
| Reserves not available under the articles | 1311 | €159 | €159 | = | 0.0% |
| Distributable reserves | 133 | €10,871 | €54,064 | +€43,193 | +397% |
| Amounts payable | 17/49 | €205,287 | €173,380 | -€31,907 | -15.5% |
| Amounts payable after more than one year | 17 | €103,951 | €9,800 | -€94,151 | -90.6% |
| Financial debts | 170/4 | €103,951 | €9,800 | -€94,151 | -90.6% |
| Amounts payable within one year | 42/48 | €101,337 | €163,580 | +€62,243 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | - | €0 | = | |
| Financial debts | 43 | €26,848 | €1,041 | -€25,807 | -96.1% |
| Credit institutions | 430/8 | €26,848 | €1,041 | -€25,807 | -96.1% |
| Trade debts | 44 | €13,575 | €43,917 | +€30,342 | +224% |
| Suppliers | 440/4 | €13,575 | €43,917 | +€30,342 | +224% |
| Advances received on contracts in progress | 46 | - | €62,858 | +€62,858 | |
| Taxes, remuneration and social security | 45 | €2,256 | €21,639 | +€19,383 | +859% |
| Taxes | 450/3 | €2,256 | €21,639 | +€19,383 | +859% |
| Other amounts payable | 47/48 | €58,658 | €34,126 | -€24,532 | -41.8% |
| Non-recurring operating income | 76A | - | €49,101 | +€49,101 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,501 | €739 | -€3,762 | -83.6% |
| Other operating charges | 640/8 | €5,427 | €2,309 | -€3,119 | -57.5% |
| Non-recurring operating charges | 66A | - | €4,554 | +€4,554 | |
| Gross operating margin | 9900 | €22,790 | €74,622 | +€51,833 | +227% |
| Operating profit (loss) | 9901 | €12,862 | €67,020 | +€54,158 | +421% |
| Financial income | 75/76B | €41 | €236 | +€196 | +482% |
| Recurring financial income | 75 | €41 | €236 | +€196 | +482% |
| Financial charges | 65/66B | €8,447 | €4,416 | -€4,031 | -47.7% |
| Recurring financial charges | 65 | €8,447 | €4,416 | -€4,031 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | €4,455 | €62,840 | +€58,385 | +1,311% |
| Income taxes | 67/77 | €1,644 | €19,647 | +€18,003 | +1,095% |
| Profit (loss) for the period | 9904 | €2,811 | €43,193 | +€40,382 | +1,437% |
| Profit (loss) for the period to be appropriated | 9905 | €2,811 | €43,193 | +€40,382 | +1,437% |
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 30 October 2026 via checked.be.