STEP ACCOMPAGNEMENT: 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.
What changed
STEP ACCOMPAGNEMENT
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€27,806
2024 · €72,164-€44,358
Equity
€301,191
2024 · €173,385+€127,806
Cash
€482,680
2024 · €579,825-€97,145
Balance sheet total
€1.4m
2024 · €1.2m+€141,678
Largest movements
Assets
- Receivables within one year +€149,265
up €149,265 (+29.1%), from €513,577 to €662,842
of which Other amounts receivable: +€109,779
- Cash -€97,145
down €97,145 (-16.8%), from €579,825 to €482,680
mainly Receivables within one year (-€149,265) and Receivables after one year (-€67,000)
- Receivables after one year +€67,000
new in 2025: €67,000
- Stocks and contracts +€39,790
up €39,790 (+164%), from €24,197 to €63,987
Equity and liabilities
- Reserves +€125,000
up €125,000 (+78.8%), from €158,651 to €283,651
- Provisions +€36,737
up €36,737 (+104%), from €35,461 to €72,198
- Accrued charges and deferred income -€18,808
down €18,808 (-75.1%), from €25,035 to €6,227
Income statement
- Gross operating margin -€69,756
down €69,756 (-8.3%), from €837,782 to €768,026
- Staff costs -€14,946
down €14,946 (-2.2%), from €682,634 to €667,687
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.
Result 2024
€72,164
Gross operating margin
-€69,756
Staff costs
+€14,946
Depreciation
+€1,338
Write-downs
-€1,517
Other operating charges
-€4,954
Other operating items
+€18,217
Financial income
-€1,219
Financial charges
-€1,884
Taxes
+€472
Result 2025
€27,806
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
-€191,972
Investment
-€5,173
Financing
+€100,000
Cash 2024
€579,825
From operations (derived)
-€191,972
Net result for the year
+€27,806
Depreciation
+€15,321
Receivables after one year
-€67,000
Stocks and contracts
-€39,790
Receivables within one year
-€149,265
Deferred charges and accrued income
+€7,084
Provisions
+€36,737
Debts within one year
-€4,058
Accrued charges and deferred income
-€18,808
Investment (derived)
-€5,173
Investment in fixed assets (net)
-€5,173
Financing
+€100,000
Contributions, distributions and other
+€100,000
Cash 2025
€482,680
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,247,334 | €1,389,012 | +€141,678 | +11.4% |
| Fixed assets | 21/28 | €115,055 | €104,906 | -€10,149 | -8.8% |
| Intangible fixed assets | 21 | €5,765 | €9,298 | +€3,533 | +61.3% |
| Tangible fixed assets | 22/27 | €109,290 | €95,608 | -€13,682 | -12.5% |
| Plant, machinery and equipment | 23 | €81,831 | €47,738 | -€34,093 | -41.7% |
| Furniture and vehicles | 24 | €25,951 | €29,270 | +€3,319 | +12.8% |
| Other tangible fixed assets | 26 | €1,509 | €17,757 | +€16,249 | +1,077% |
| Assets under construction and advance payments | 27 | - | €843 | +€843 | |
| Current assets | 29/58 | €1,132,279 | €1,284,106 | +€151,827 | +13.4% |
| Amounts receivable after more than one year | 29 | - | €67,000 | +€67,000 | |
| Other amounts receivable | 291 | - | €67,000 | +€67,000 | |
| Stocks and contracts in progress | 3 | €24,197 | €63,987 | +€39,790 | +164% |
| Stocks | 30/36 | €24,197 | €63,987 | +€39,790 | +164% |
| Amounts receivable within one year | 40/41 | €513,577 | €662,842 | +€149,265 | +29.1% |
| Trade receivables | 40 | €211,004 | €250,491 | +€39,487 | +18.7% |
| Other amounts receivable | 41 | €302,572 | €412,351 | +€109,779 | +36.3% |
| Cash at bank and in hand | 54/58 | €579,825 | €482,680 | -€97,145 | -16.8% |
| Deferred charges and accrued income | 490/1 | €14,681 | €7,597 | -€7,084 | -48.3% |
| Total equity and liabilities | 10/49 | €1,247,334 | €1,389,012 | +€141,678 | +11.4% |
| Equity | 10/15 | €173,385 | €301,191 | +€127,806 | +73.7% |
| Reserves | 13 | €158,651 | €283,651 | +€125,000 | +78.8% |
| Profit (loss) carried forward | 14 | €14,733 | €17,540 | +€2,806 | +19.0% |
| Provisions and deferred taxes | 16 | €35,461 | €72,198 | +€36,737 | +104% |
| Provisions for liabilities and charges | 160/5 | €35,461 | €72,198 | +€36,737 | +104% |
| Other liabilities and charges | 164/5 | €35,461 | €72,198 | +€36,737 | +104% |
| Amounts payable | 17/49 | €1,038,489 | €1,015,623 | -€22,865 | -2.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,013,454 | €1,009,396 | -€4,058 | -0.4% |
| Trade debts | 44 | €672,351 | €691,686 | +€19,335 | +2.9% |
| Suppliers | 440/4 | €672,351 | €691,686 | +€19,335 | +2.9% |
| Advances received on contracts in progress | 46 | €100 | €55,712 | +€55,612 | +55,612% |
| Taxes, remuneration and social security | 45 | €104,725 | €106,114 | +€1,390 | +1.3% |
| Taxes | 450/3 | €15,587 | €22,252 | +€6,665 | +42.8% |
| Remuneration and social security | 454/9 | €89,138 | €83,862 | -€5,276 | -5.9% |
| Accrued charges and deferred income | 492/3 | €25,035 | €6,227 | -€18,808 | -75.1% |
| Non-recurring operating income | 76A | €16 | €0 | -€16 | -100% |
| Remuneration, social security and pensions | 62 | €682,634 | €667,687 | -€14,946 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,660 | €15,321 | -€1,338 | -8.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€475 | €1,042 | +€1,517 | |
| Other operating charges | 640/8 | €13,142 | €18,096 | +€4,954 | +37.7% |
| Non-recurring operating charges | 66A | €19,493 | €0 | -€19,493 | -100% |
| Gross operating margin | 9900 | €837,782 | €768,026 | -€69,756 | -8.3% |
| Operating profit (loss) | 9901 | €70,868 | €29,142 | -€41,725 | -58.9% |
| Financial income | 75/76B | €4,790 | €3,570 | -€1,219 | -25.5% |
| Recurring financial income | 75 | €4,790 | €3,570 | -€1,219 | -25.5% |
| Financial charges | 65/66B | €2,278 | €4,163 | +€1,884 | +82.7% |
| Recurring financial charges | 65 | €2,278 | €4,163 | +€1,884 | +82.7% |
| Profit (loss) for the period before taxes | 9903 | €73,379 | €28,550 | -€44,829 | -61.1% |
| Income taxes | 67/77 | €1,215 | €744 | -€472 | -38.8% |
| Profit (loss) for the period | 9904 | €72,164 | €27,806 | -€44,358 | -61.5% |
| Transfer to tax-exempt reserves | 689 | €67,000 | €25,000 | -€42,000 | -62.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,164 | €2,806 | -€2,358 | -45.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.