STEINER CONCEPT: 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.
STEINER CONCEPT
Largest movements
- Receivables within one year -€119,329
down €119,329 (-59.2%), from €201,432 to €82,103
of which Trade receivables: -€108,412
- Tangible fixed assets +€69,207
up €69,207 (+157.3%), from €44,009 to €113,216
of which Leasing and similar rights: +€65,591
- Cash +€50,619
up €50,619 (+5447.1%), from €929 to €51,548
mainly Receivables within one year (+€119,329) and Debts after one year (+€43,987)
- Stocks and contracts -€28,915
down €28,915 (-92.8%), from €31,163 to €2,247
- Current portion of long-term debt -€63,871
down €63,871 (-69.0%), from €92,589 to €28,719
- Debts after one year +€43,987
up €43,987 (+405.5%), from €10,849 to €54,836
- Profit (loss) carried forward +€27,926
up €27,926 (+31.3%), from €89,308 to €117,234
- Advances received -€17,620
no longer reported in 2025 (was €17,620)
- Trade debts -€15,743
down €15,743 (-39.3%), from €40,098 to €24,355
- Gross operating margin +€13,515
up €13,515 (+25.2%), from €53,707 to €67,222
- Taxes +€6,947
up €6,947 (+68.4%), from €10,159 to €17,106
- Depreciation +€1,225
up €1,225 (+10.5%), from €11,720 to €12,946
- Other operating charges +€881
up €881 (+30.6%), from €2,879 to €3,761
- Staff costs -€681
no longer reported in 2025 (was €681)
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.
Cash bridge derived
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 | €288,301 | €258,979 | -€29,322 | -10.2% |
| Fixed assets | 21/28 | €47,103 | €117,348 | +€70,245 | +149.1% |
| Tangible fixed assets | 22/27 | €44,009 | €113,216 | +€69,207 | +157.3% |
| Plant, machinery and equipment | 23 | €3,397 | €4,642 | +€1,245 | +36.7% |
| Furniture and vehicles | 24 | €1,911 | €4,513 | +€2,602 | +136.2% |
| Leasing and similar rights | 25 | €19,362 | €84,953 | +€65,591 | +338.8% |
| Other tangible fixed assets | 26 | €19,340 | €19,108 | -€232 | -1.2% |
| Financial fixed assets | 28 | €3,094 | €4,132 | +€1,038 | +33.5% |
| Current assets | 29/58 | €241,197 | €141,631 | -€99,567 | -41.3% |
| Stocks and contracts in progress | 3 | €31,163 | €2,247 | -€28,915 | -92.8% |
| Stocks | 30/36 | €31,163 | €2,247 | -€28,915 | -92.8% |
| Amounts receivable within one year | 40/41 | €201,432 | €82,103 | -€119,329 | -59.2% |
| Trade receivables | 40 | €182,331 | €73,919 | -€108,412 | -59.5% |
| Other amounts receivable | 41 | €19,100 | €8,184 | -€10,917 | -57.2% |
| Cash at bank and in hand | 54/58 | €929 | €51,548 | +€50,619 | +5447.1% |
| Deferred charges and accrued income | 490/1 | €7,674 | €5,732 | -€1,941 | -25.3% |
| Total equity and liabilities | 10/49 | €288,301 | €258,979 | -€29,322 | -10.2% |
| Equity | 10/15 | €109,838 | €137,763 | +€27,926 | +25.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €20,030 | €20,030 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €19,980 | €19,980 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,308 | €117,234 | +€27,926 | +31.3% |
| Amounts payable | 17/49 | €178,463 | €121,216 | -€57,247 | -32.1% |
| Amounts payable after more than one year | 17 | €10,849 | €54,836 | +€43,987 | +405.5% |
| Financial debts | 170/4 | €10,849 | €54,836 | +€43,987 | +405.5% |
| Amounts payable within one year | 42/48 | €167,386 | €66,380 | -€101,006 | -60.3% |
| Current portion of amounts payable after more than one year | 42 | €92,589 | €28,719 | -€63,871 | -69.0% |
| Trade debts | 44 | €40,098 | €24,355 | -€15,743 | -39.3% |
| Suppliers | 440/4 | €40,098 | €24,355 | -€15,743 | -39.3% |
| Advances received on contracts in progress | 46 | €17,620 | - | -€17,620 | |
| Taxes, remuneration and social security | 45 | €8,578 | €3,306 | -€5,273 | -61.5% |
| Taxes | 450/3 | €8,578 | €3,306 | -€5,273 | -61.5% |
| Other amounts payable | 47/48 | €8,500 | €10,000 | +€1,500 | +17.6% |
| Accrued charges and deferred income | 492/3 | €228 | - | -€228 | |
| Remuneration, social security and pensions | 62 | €681 | - | -€681 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,720 | €12,946 | +€1,225 | +10.5% |
| Other operating charges | 640/8 | €2,879 | €3,761 | +€881 | +30.6% |
| Non-recurring operating charges | 66A | €261 | - | -€261 | |
| Gross operating margin | 9900 | €53,707 | €67,222 | +€13,515 | +25.2% |
| Operating profit (loss) | 9901 | €38,165 | €50,515 | +€12,351 | +32.4% |
| Financial income | 75/76B | €10,021 | €10,212 | +€191 | +1.9% |
| Recurring financial income | 75 | €10,021 | €10,212 | +€191 | +1.9% |
| Financial charges | 65/66B | €5,573 | €5,696 | +€124 | +2.2% |
| Recurring financial charges | 65 | €5,573 | €5,696 | +€124 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €42,613 | €55,031 | +€12,418 | +29.1% |
| Income taxes | 67/77 | €10,159 | €17,106 | +€6,947 | +68.4% |
| Profit (loss) for the period | 9904 | €32,455 | €37,926 | +€5,471 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,455 | €37,926 | +€5,471 | +16.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.