Steja: 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.
Steja
Largest movements
- Tangible fixed assets +€88,961
up €88,961 (+693.5%), from €12,827 to €101,788
- Cash +€63,673
up €63,673 (+93.4%), from €68,138 to €131,811
mainly Other debts (+€320,745) and Net result for the year (+€163,284)
- Receivables within one year -€21,054
down €21,054 (-36.3%), from €58,080 to €37,026
of which Trade receivables: -€26,926
- Current investments -€18,916
down €18,916 (-4.3%), from €442,666 to €423,750
- Other debts +€320,745
up €320,745 (+615.7%), from €52,093 to €372,839
- Reserves -€187,081
down €187,081 (-47.5%), from €393,810 to €206,730
- Tax, wage and social debts -€72,884
down €72,884 (-55.5%), from €131,225 to €58,341
of which Taxes: -€72,696
- Debts after one year +€33,940
new in 2025: €33,940
- Current portion of long-term debt +€12,100
new in 2025: €12,100
- Gross operating margin -€18,948
down €18,948 (-7.4%), from €255,735 to €236,787
- Financial income +€8,987
up €8,987 (+138.1%), from €6,507 to €15,494
- Depreciation +€8,224
up €8,224 (+244.8%), from €3,359 to €11,583
- Financial charges +€6,783
up €6,783 (+160.3%), from €4,232 to €11,015
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 | €583,832 | €697,238 | +€113,406 | +19.4% |
| Fixed assets | 21/28 | €12,827 | €101,788 | +€88,961 | +693.5% |
| Tangible fixed assets | 22/27 | €12,827 | €101,788 | +€88,961 | +693.5% |
| Furniture and vehicles | 24 | €12,827 | €101,788 | +€88,961 | +693.5% |
| Current assets | 29/58 | €571,005 | €595,450 | +€24,445 | +4.3% |
| Amounts receivable within one year | 40/41 | €58,080 | €37,026 | -€21,054 | -36.3% |
| Trade receivables | 40 | €58,080 | €31,154 | -€26,926 | -46.4% |
| Other amounts receivable | 41 | - | €5,872 | +€5,872 | |
| Current investments | 50/53 | €442,666 | €423,750 | -€18,916 | -4.3% |
| Cash at bank and in hand | 54/58 | €68,138 | €131,811 | +€63,673 | +93.4% |
| Deferred charges and accrued income | 490/1 | €2,121 | €2,863 | +€742 | +35.0% |
| Total equity and liabilities | 10/49 | €583,832 | €697,238 | +€113,406 | +19.4% |
| Equity | 10/15 | €394,810 | €207,730 | -€187,081 | -47.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €393,810 | €206,730 | -€187,081 | -47.5% |
| Distributable reserves | 133 | €393,810 | €206,730 | -€187,081 | -47.5% |
| Amounts payable | 17/49 | €189,022 | €489,508 | +€300,486 | +159.0% |
| Amounts payable after more than one year | 17 | - | €33,940 | +€33,940 | |
| Financial debts | 170/4 | - | €33,940 | +€33,940 | |
| Amounts payable within one year | 42/48 | €184,429 | €444,586 | +€260,157 | +141.1% |
| Current portion of amounts payable after more than one year | 42 | - | €12,100 | +€12,100 | |
| Trade debts | 44 | €1,110 | €1,306 | +€196 | +17.6% |
| Suppliers | 440/4 | €1,110 | €1,306 | +€196 | +17.6% |
| Taxes, remuneration and social security | 45 | €131,225 | €58,341 | -€72,884 | -55.5% |
| Taxes | 450/3 | €130,587 | €57,891 | -€72,696 | -55.7% |
| Remuneration and social security | 454/9 | €638 | €450 | -€188 | -29.4% |
| Other amounts payable | 47/48 | €52,093 | €372,839 | +€320,745 | +615.7% |
| Accrued charges and deferred income | 492/3 | €4,593 | €10,982 | +€6,389 | +139.1% |
| Remuneration, social security and pensions | 62 | €7,575 | €6,440 | -€1,135 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,359 | €11,583 | +€8,224 | +244.8% |
| Other operating charges | 640/8 | €1,350 | €1,459 | +€109 | +8.1% |
| Gross operating margin | 9900 | €255,735 | €236,787 | -€18,948 | -7.4% |
| Operating profit (loss) | 9901 | €243,451 | €217,305 | -€26,146 | -10.7% |
| Financial income | 75/76B | €6,507 | €15,494 | +€8,987 | +138.1% |
| Recurring financial income | 75 | €6,507 | €15,494 | +€8,987 | +138.1% |
| Financial charges | 65/66B | €4,232 | €11,015 | +€6,783 | +160.3% |
| Recurring financial charges | 65 | €4,232 | €11,015 | +€6,783 | +160.3% |
| Profit (loss) for the period before taxes | 9903 | €245,726 | €221,783 | -€23,943 | -9.7% |
| Income taxes | 67/77 | €58,645 | €58,500 | -€146 | -0.2% |
| Profit (loss) for the period | 9904 | €187,081 | €163,284 | -€23,797 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €187,081 | €163,284 | -€23,797 | -12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.