STEINFELD: 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.
STEINFELD
Largest movements
- Current investments +€480,720
new in 2025: €480,720
- Cash -€434,730
down €434,730 (-76.5%), from €568,375 to €133,645
mainly Current investments (-€480,720) and Contributions, distributions and other (-€166,500)
- Receivables within one year -€34,586
down €34,586 (-24.6%), from €140,672 to €106,086
of which Other amounts receivable: -€33,644
- Tangible fixed assets -€10,398
down €10,398 (-7.9%), from €132,296 to €121,899
of which Furniture and vehicles: -€10,453
- Reserves +€15,900
up €15,900 (+2.1%), from €739,960 to €755,860
of which Distributable reserves: +€17,760
- Debts after one year -€12,622
down €12,622 (-28.8%), from €43,757 to €31,134
- Gross operating margin -€11,523
down €11,523 (-3.9%), from €294,190 to €282,667
- Financial income +€6,240
up €6,240 (+160.5%), from €3,887 to €10,128
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 | €847,513 | €844,157 | -€3,356 | -0.4% |
| Fixed assets | 21/28 | €133,796 | €123,399 | -€10,398 | -7.8% |
| Tangible fixed assets | 22/27 | €132,296 | €121,899 | -€10,398 | -7.9% |
| Land and buildings | 22 | €73,117 | €64,917 | -€8,200 | -11.2% |
| Furniture and vehicles | 24 | €45,865 | €35,412 | -€10,453 | -22.8% |
| Other tangible fixed assets | 26 | €13,315 | €21,570 | +€8,255 | +62.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €713,717 | €720,759 | +€7,042 | +1.0% |
| Amounts receivable within one year | 40/41 | €140,672 | €106,086 | -€34,586 | -24.6% |
| Trade receivables | 40 | €105,368 | €104,426 | -€942 | -0.9% |
| Other amounts receivable | 41 | €35,304 | €1,660 | -€33,644 | -95.3% |
| Current investments | 50/53 | - | €480,720 | +€480,720 | |
| Cash at bank and in hand | 54/58 | €568,375 | €133,645 | -€434,730 | -76.5% |
| Deferred charges and accrued income | 490/1 | €4,669 | €307 | -€4,362 | -93.4% |
| Total equity and liabilities | 10/49 | €847,513 | €844,157 | -€3,356 | -0.4% |
| Equity | 10/15 | €754,147 | €770,422 | +€16,274 | +2.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €739,960 | €755,860 | +€15,900 | +2.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €738,100 | €755,860 | +€17,760 | +2.4% |
| Profit (loss) carried forward | 14 | €1,787 | €2,162 | +€374 | +20.9% |
| Amounts payable | 17/49 | €93,366 | €73,735 | -€19,630 | -21.0% |
| Amounts payable after more than one year | 17 | €43,757 | €31,134 | -€12,622 | -28.8% |
| Financial debts | 170/4 | €43,757 | €31,134 | -€12,622 | -28.8% |
| Amounts payable within one year | 42/48 | €49,609 | €42,601 | -€7,008 | -14.1% |
| Current portion of amounts payable after more than one year | 42 | €27,682 | €28,115 | +€433 | +1.6% |
| Trade debts | 44 | €5,496 | €3,161 | -€2,335 | -42.5% |
| Suppliers | 440/4 | €5,496 | €3,161 | -€2,335 | -42.5% |
| Taxes, remuneration and social security | 45 | €16,430 | €9,848 | -€6,583 | -40.1% |
| Taxes | 450/3 | €16,430 | €9,848 | -€6,583 | -40.1% |
| Other amounts payable | 47/48 | - | €1,477 | +€1,477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,951 | €23,096 | +€145 | +0.6% |
| Other operating charges | 640/8 | €2,487 | €2,121 | -€366 | -14.7% |
| Gross operating margin | 9900 | €294,190 | €282,667 | -€11,523 | -3.9% |
| Operating profit (loss) | 9901 | €268,752 | €257,450 | -€11,302 | -4.2% |
| Financial income | 75/76B | €3,887 | €10,128 | +€6,240 | +160.5% |
| Recurring financial income | 75 | €3,887 | €10,128 | +€6,240 | +160.5% |
| Financial charges | 65/66B | €3,821 | €4,995 | +€1,174 | +30.7% |
| Recurring financial charges | 65 | €3,821 | €4,995 | +€1,174 | +30.7% |
| Profit (loss) for the period before taxes | 9903 | €268,818 | €262,582 | -€6,236 | -2.3% |
| Income taxes | 67/77 | €82,216 | €79,808 | -€2,409 | -2.9% |
| Profit (loss) for the period | 9904 | €186,602 | €182,774 | -€3,827 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €186,602 | €182,774 | -€3,827 | -2.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.