STEINCO: 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.
STEINCO
Largest movements
- Receivables within one year +€26.8m
up €26.8m, from €0 to €26.8m
of which Other amounts receivable: +€26.8m
- Tangible fixed assets +€4.0m
new in 2024: €4.0m
of which Land and buildings: +€4.0m
- Financial fixed assets -€919,127
down €919,127 (-100.0%), from €919,127 to €0
- Short-term financial debts +€15.2m
new in 2024: €15.2m
- Other debts +€10.7m
up €10.7m (+1538.6%), from €694,566 to €11.4m
- Profit (loss) carried forward +€2.4m
up €2.4m, from -€147,360 to €2.2m
- Debts after one year +€942,841
new in 2024: €942,841
- Contributions +€530,618
up €530,618 (+142.7%), from €371,840 to €902,458
- Gross operating margin -€12,703
down €12,703 (-389.3%), from -€3,263 to -€15,966
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 | €919,531 | €30,998,623 | +€30.1m | +3271.1% |
| Fixed assets | 21/28 | €919,127 | €3,951,439 | +€3.0m | +329.9% |
| Tangible fixed assets | 22/27 | - | €3,951,439 | +€4.0m | |
| Land and buildings | 22 | - | €3,951,439 | +€4.0m | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Financial fixed assets | 28 | €919,127 | €0 | -€919,127 | -100.0% |
| Current assets | 29/58 | €403 | €27,047,185 | +€27.0m | +6704040.5% |
| Amounts receivable within one year | 40/41 | €0 | €26,789,180 | +€26.8m | |
| Trade receivables | 40 | €0 | €3,330 | +€3,330 | |
| Other amounts receivable | 41 | - | €26,785,850 | +€26.8m | |
| Cash at bank and in hand | 54/58 | €403 | €87,139 | +€86,735 | +21498.9% |
| Deferred charges and accrued income | 490/1 | - | €170,866 | +€170,866 | |
| Total equity and liabilities | 10/49 | €919,531 | €30,998,623 | +€30.1m | +3271.1% |
| Equity | 10/15 | €224,480 | €3,127,093 | +€2.9m | +1293.0% |
| Contributions | 10/11 | €371,840 | €902,458 | +€530,618 | +142.7% |
| Capital | 10 | €371,840 | €902,458 | +€530,618 | +142.7% |
| Issued capital | 100 | €371,840 | €902,458 | +€530,618 | +142.7% |
| Reserves | 13 | - | €0 | = | |
| Non-distributable reserves | 130/1 | - | €0 | = | |
| Legal reserve | 130 | - | €0 | = | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€147,360 | €2,224,635 | +€2.4m | |
| Provisions and deferred taxes | 16 | - | €234,394 | +€234,394 | |
| Provisions for liabilities and charges | 160/5 | - | €234,394 | +€234,394 | |
| Other liabilities and charges | 164/5 | - | €234,394 | +€234,394 | |
| Amounts payable | 17/49 | €695,050 | €27,637,136 | +€26.9m | +3876.3% |
| Amounts payable after more than one year | 17 | - | €942,841 | +€942,841 | |
| Financial debts | 170/4 | - | €942,841 | +€942,841 | |
| Amounts payable within one year | 42/48 | €695,050 | €26,694,296 | +€26.0m | +3740.6% |
| Financial debts | 43 | - | €15,240,217 | +€15.2m | |
| Credit institutions | 430/8 | - | €15,240,217 | +€15.2m | |
| Trade debts | 44 | €484 | €51,863 | +€51,379 | +10615.5% |
| Suppliers | 440/4 | €484 | €51,863 | +€51,379 | +10615.5% |
| Taxes, remuneration and social security | 45 | - | €21,000 | +€21,000 | |
| Taxes | 450/3 | - | €21,000 | +€21,000 | |
| Other amounts payable | 47/48 | €694,566 | €11,381,216 | +€10.7m | +1538.6% |
| Other operating charges | 640/8 | €960 | €968 | +€7 | +0.8% |
| Gross operating margin | 9900 | -€3,263 | -€15,966 | -€12,703 | -389.3% |
| Operating profit (loss) | 9901 | -€4,223 | -€16,934 | -€12,710 | -301.0% |
| Financial charges | 65/66B | €86 | €46 | -€40 | -46.1% |
| Recurring financial charges | 65 | €86 | €46 | -€40 | -46.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,309 | -€16,980 | -€12,671 | -294.1% |
| Profit (loss) for the period | 9904 | -€4,309 | -€16,980 | -€12,671 | -294.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,309 | -€16,980 | -€12,671 | -294.1% |
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 11 October 2026 via checked.be.