STEIN: what changed
Two fiscal 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.
STEIN
Largest movements
- Cash +€38,570
up €38,570 (+26.9%), from €143,171 to €181,740
mainly Receivables within one year (+€36,478) and Depreciation (+€23,140)
- Receivables within one year -€36,478
down €36,478 (-42.3%), from €86,193 to €49,715
of which Trade receivables: -€28,789
- Tangible fixed assets -€14,107
down €14,107 (-23.0%), from €61,406 to €47,300
of which Other tangible fixed assets: -€12,468
- Other debts +€17,121
up €17,121 (+16.8%), from €101,969 to €119,089
- Trade debts -€13,579
down €13,579 (-13.5%), from €100,628 to €87,049
- Profit (loss) carried forward -€6,716
down €6,716 (-64.0%), from -€10,492 to -€17,208
- Tax, wage and social debts -€3,645
down €3,645 (-33.4%), from €10,908 to €7,262
of which Taxes: -€3,693
- Staff costs -€41,541
down €41,541 (-49.4%), from €84,055 to €42,514
- Gross operating margin +€15,197
up €15,197 (+28.8%), from €52,730 to €67,927
- Other operating charges -€2,064
down €2,064 (-29.1%), from €7,084 to €5,020
- Financial charges -€703
down €703 (-16.7%), from €4,214 to €3,511
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 | €302,950 | €293,130 | -€9,820 | -3.2% |
| Fixed assets | 21/28 | €61,679 | €47,572 | -€14,107 | -22.9% |
| Tangible fixed assets | 22/27 | €61,406 | €47,300 | -€14,107 | -23.0% |
| Plant, machinery and equipment | 23 | €11,340 | €5,692 | -€5,648 | -49.8% |
| Furniture and vehicles | 24 | €14,221 | €18,231 | +€4,010 | +28.2% |
| Other tangible fixed assets | 26 | €35,844 | €23,376 | -€12,468 | -34.8% |
| Financial fixed assets | 28 | €273 | €273 | = | 0.0% |
| Current assets | 29/58 | €241,271 | €245,558 | +€4,287 | +1.8% |
| Stocks and contracts in progress | 3 | €4,605 | €5,482 | +€877 | +19.0% |
| Stocks | 30/36 | €4,605 | €5,482 | +€877 | +19.0% |
| Amounts receivable within one year | 40/41 | €86,193 | €49,715 | -€36,478 | -42.3% |
| Trade receivables | 40 | €73,335 | €44,546 | -€28,789 | -39.3% |
| Other amounts receivable | 41 | €12,859 | €5,169 | -€7,689 | -59.8% |
| Cash at bank and in hand | 54/58 | €143,171 | €181,740 | +€38,570 | +26.9% |
| Deferred charges and accrued income | 490/1 | €7,302 | €8,620 | +€1,318 | +18.1% |
| Total equity and liabilities | 10/49 | €302,950 | €293,130 | -€9,820 | -3.2% |
| Equity | 10/15 | €83,446 | €76,730 | -€6,716 | -8.0% |
| Reserves | 13 | €93,938 | €93,938 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,838 | €20,838 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20,349 | €20,349 | = | 0.0% |
| Own shares acquired | 1312 | €489 | €489 | = | 0.0% |
| Distributable reserves | 133 | €73,100 | €73,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,492 | -€17,208 | -€6,716 | -64.0% |
| Amounts payable | 17/49 | €219,504 | €216,400 | -€3,104 | -1.4% |
| Amounts payable within one year | 42/48 | €213,504 | €213,400 | -€104 | 0.0% |
| Trade debts | 44 | €100,628 | €87,049 | -€13,579 | -13.5% |
| Suppliers | 440/4 | €100,628 | €87,049 | -€13,579 | -13.5% |
| Taxes, remuneration and social security | 45 | €10,908 | €7,262 | -€3,645 | -33.4% |
| Taxes | 450/3 | €3,710 | €18 | -€3,693 | -99.5% |
| Remuneration and social security | 454/9 | €7,197 | €7,245 | +€47 | +0.7% |
| Other amounts payable | 47/48 | €101,969 | €119,089 | +€17,121 | +16.8% |
| Accrued charges and deferred income | 492/3 | €6,000 | €3,000 | -€3,000 | -50.0% |
| Non-recurring operating income | 76A | - | €3,262 | +€3,262 | |
| Remuneration, social security and pensions | 62 | €84,055 | €42,514 | -€41,541 | -49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,750 | €23,140 | -€610 | -2.6% |
| Other operating charges | 640/8 | €7,084 | €5,020 | -€2,064 | -29.1% |
| Non-recurring operating charges | 66A | - | €1,939 | +€1,939 | |
| Gross operating margin | 9900 | €52,730 | €67,927 | +€15,197 | +28.8% |
| Operating profit (loss) | 9901 | -€62,159 | -€4,687 | +€57,472 | +92.5% |
| Financial income | 75/76B | €1,048 | €1,650 | +€603 | +57.5% |
| Recurring financial income | 75 | €1,048 | €1,650 | +€603 | +57.5% |
| Financial charges | 65/66B | €4,214 | €3,511 | -€703 | -16.7% |
| Recurring financial charges | 65 | €4,214 | €3,511 | -€703 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | -€65,326 | -€6,547 | +€58,778 | +90.0% |
| Income taxes | 67/77 | €205 | €169 | -€36 | -17.5% |
| Profit (loss) for the period | 9904 | -€65,531 | -€6,716 | +€58,814 | +89.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,531 | -€6,716 | +€58,814 | +89.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.