Steflie: 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.
Steflie
Largest movements
- Receivables within one year -€37,728
down €37,728 (-57.6%), from €65,465 to €27,737
of which Other amounts receivable: -€32,989
- Tangible fixed assets -€25,722
down €25,722 (-28.2%), from €91,171 to €65,449
of which Furniture and vehicles: -€24,585
- Cash +€5,176
up €5,176 (+14.9%), from €34,643 to €39,819
mainly Receivables within one year (+€37,728) and Depreciation (+€25,722)
- Reserves -€44,005
down €44,005 (-38.1%), from €115,461 to €71,457
- Debts after one year -€14,981
down €14,981 (-36.6%), from €40,899 to €25,918
- Depreciation +€4,138
up €4,138 (+19.2%), from €21,585 to €25,722
- Gross operating margin -€3,266
down €3,266 (-9.1%), from €35,970 to €32,705
- Taxes -€1,296
down €1,296 (-39.6%), from €3,276 to €1,979
- Other operating charges +€1,025
up €1,025 (+150.7%), from €680 to €1,705
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.
Cash bridge derived
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 | €193,124 | €134,553 | -€58,570 | -30.3% |
| Fixed assets | 21/28 | €91,171 | €65,449 | -€25,722 | -28.2% |
| Tangible fixed assets | 22/27 | €91,171 | €65,449 | -€25,722 | -28.2% |
| Plant, machinery and equipment | 23 | €1,138 | - | -€1,138 | |
| Furniture and vehicles | 24 | €90,033 | €65,449 | -€24,585 | -27.3% |
| Current assets | 29/58 | €101,953 | €69,105 | -€32,848 | -32.2% |
| Amounts receivable within one year | 40/41 | €65,465 | €27,737 | -€37,728 | -57.6% |
| Trade receivables | 40 | €6,840 | €2,101 | -€4,739 | -69.3% |
| Other amounts receivable | 41 | €58,625 | €25,636 | -€32,989 | -56.3% |
| Cash at bank and in hand | 54/58 | €34,643 | €39,819 | +€5,176 | +14.9% |
| Deferred charges and accrued income | 490/1 | €1,845 | €1,549 | -€296 | -16.1% |
| Total equity and liabilities | 10/49 | €193,124 | €134,553 | -€58,570 | -30.3% |
| Equity | 10/15 | €134,061 | €90,057 | -€44,005 | -32.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,461 | €71,457 | -€44,005 | -38.1% |
| Distributable reserves | 133 | €115,461 | €71,457 | -€44,005 | -38.1% |
| Amounts payable | 17/49 | €59,062 | €44,497 | -€14,565 | -24.7% |
| Amounts payable after more than one year | 17 | €40,899 | €25,918 | -€14,981 | -36.6% |
| Financial debts | 170/4 | €40,899 | €25,918 | -€14,981 | -36.6% |
| Amounts payable within one year | 42/48 | €18,163 | €18,579 | +€416 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €15,060 | €14,981 | -€79 | -0.5% |
| Trade debts | 44 | €2,824 | €3,371 | +€547 | +19.4% |
| Suppliers | 440/4 | €2,824 | €3,371 | +€547 | +19.4% |
| Taxes, remuneration and social security | 45 | €278 | €227 | -€52 | -18.6% |
| Taxes | 450/3 | €278 | €227 | -€52 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,585 | €25,722 | +€4,138 | +19.2% |
| Other operating charges | 640/8 | €680 | €1,705 | +€1,025 | +150.7% |
| Gross operating margin | 9900 | €35,970 | €32,705 | -€3,266 | -9.1% |
| Operating profit (loss) | 9901 | €13,706 | €5,278 | -€8,428 | -61.5% |
| Financial income | 75/76B | €2,404 | €2,421 | +€17 | +0.7% |
| Recurring financial income | 75 | €2,404 | €2,421 | +€17 | +0.7% |
| Financial charges | 65/66B | €1,619 | €1,725 | +€106 | +6.6% |
| Recurring financial charges | 65 | €1,619 | €1,725 | +€106 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €14,492 | €5,975 | -€8,517 | -58.8% |
| Income taxes | 67/77 | €3,276 | €1,979 | -€1,296 | -39.6% |
| Profit (loss) for the period | 9904 | €11,216 | €3,995 | -€7,221 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,216 | €3,995 | -€7,221 | -64.4% |
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 12 October 2026 via checked.be.