STENEVI: 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.
STENEVI
Largest movements
- Tangible fixed assets -€28,015
down €28,015 (-6.0%), from €465,872 to €437,857
- Receivables within one year +€15,898
up €15,898 (+70.4%), from €22,568 to €38,466
of which Trade receivables: +€11,252
- Debts after one year -€30,150
down €30,150 (-34.0%), from €88,593 to €58,443
- Other debts +€12,610
up €12,610 (+5.0%), from €253,168 to €265,778
- Reserves +€11,192
up €11,192 (+10.4%), from €107,402 to €118,594
- Current portion of long-term debt -€7,756
down €7,756 (-20.5%), from €37,907 to €30,150
- Gross operating margin +€28,319
up €28,319 (+37.0%), from €76,576 to €104,895
- Taxes +€8,326
up €8,326 (+82.7%), from €10,072 to €18,398
- Financial charges -€2,924
down €2,924 (-12.0%), from €24,303 to €21,379
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 | €507,090 | €496,390 | -€10,700 | -2.1% |
| Fixed assets | 21/28 | €465,872 | €437,857 | -€28,015 | -6.0% |
| Tangible fixed assets | 22/27 | €465,872 | €437,857 | -€28,015 | -6.0% |
| Land and buildings | 22 | €382,970 | €376,633 | -€6,337 | -1.7% |
| Plant, machinery and equipment | 23 | €2,335 | €1,730 | -€605 | -25.9% |
| Furniture and vehicles | 24 | €66,477 | €53,402 | -€13,075 | -19.7% |
| Leasing and similar rights | 25 | €14,090 | €6,092 | -€7,998 | -56.8% |
| Current assets | 29/58 | €41,218 | €58,532 | +€17,315 | +42.0% |
| Amounts receivable within one year | 40/41 | €22,568 | €38,466 | +€15,898 | +70.4% |
| Trade receivables | 40 | €18,808 | €30,060 | +€11,252 | +59.8% |
| Other amounts receivable | 41 | €3,760 | €8,406 | +€4,646 | +123.6% |
| Cash at bank and in hand | 54/58 | €14,590 | €17,480 | +€2,890 | +19.8% |
| Deferred charges and accrued income | 490/1 | €4,060 | €2,587 | -€1,473 | -36.3% |
| Total equity and liabilities | 10/49 | €507,090 | €496,390 | -€10,700 | -2.1% |
| Equity | 10/15 | €110,402 | €121,594 | +€11,192 | +10.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €107,402 | €118,594 | +€11,192 | +10.4% |
| Distributable reserves | 133 | €107,402 | €118,594 | +€11,192 | +10.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €396,688 | €374,796 | -€21,892 | -5.5% |
| Amounts payable after more than one year | 17 | €88,593 | €58,443 | -€30,150 | -34.0% |
| Financial debts | 170/4 | €88,593 | €58,443 | -€30,150 | -34.0% |
| Amounts payable within one year | 42/48 | €307,645 | €316,103 | +€8,458 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €37,907 | €30,150 | -€7,756 | -20.5% |
| Trade debts | 44 | €3,092 | €3,111 | +€19 | +0.6% |
| Suppliers | 440/4 | €3,092 | €3,111 | +€19 | +0.6% |
| Taxes, remuneration and social security | 45 | €13,479 | €17,065 | +€3,586 | +26.6% |
| Taxes | 450/3 | €10,479 | €11,563 | +€1,085 | +10.4% |
| Remuneration and social security | 454/9 | €3,000 | €5,501 | +€2,501 | +83.4% |
| Other amounts payable | 47/48 | €253,168 | €265,778 | +€12,610 | +5.0% |
| Accrued charges and deferred income | 492/3 | €450 | €250 | -€200 | -44.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,936 | €30,533 | -€404 | -1.3% |
| Other operating charges | 640/8 | €3,219 | €3,673 | +€454 | +14.1% |
| Gross operating margin | 9900 | €76,576 | €104,895 | +€28,319 | +37.0% |
| Operating profit (loss) | 9901 | €42,420 | €70,689 | +€28,269 | +66.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1550.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1550.0% |
| Financial charges | 65/66B | €24,303 | €21,379 | -€2,924 | -12.0% |
| Recurring financial charges | 65 | €24,303 | €21,379 | -€2,924 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €18,117 | €49,311 | +€31,193 | +172.2% |
| Income taxes | 67/77 | €10,072 | €18,398 | +€8,326 | +82.7% |
| Profit (loss) for the period | 9904 | €8,045 | €30,913 | +€22,868 | +284.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,045 | €30,913 | +€22,868 | +284.3% |
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 4 October 2026 via checked.be.