SteP Consult: 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.
SteP Consult
Largest movements
- Current investments +€277,060
up €277,060 (+14.1%), from €2.0m to €2.2m
- Receivables within one year -€181,798
down €181,798 (-82.5%), from €220,357 to €38,559
of which Other amounts receivable: -€182,549
- Reserves +€170,000
up €170,000 (+5.7%), from €3.0m to €3.1m
of which Distributable reserves: +€170,000
- Other debts -€88,000
down €88,000 (-100%), from €88,000 to €0
- Financial income +€138,690
up €138,690 (+127%), from €108,944 to €247,634
- Financial charges +€93,679
up €93,679 (+2,330%), from €4,021 to €97,700
- Gross operating margin -€19,655
down €19,655 (-20.4%), from €96,488 to €76,833
- Taxes -€5,407
down €5,407 (-14.8%), from €36,458 to €31,051
- Depreciation -€2,286
down €2,286 (-10.5%), from €21,874 to €19,587
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,114,801 | €3,193,249 | +€78,448 | +2.5% |
| Fixed assets | 21/28 | €849,243 | €831,530 | -€17,713 | -2.1% |
| Tangible fixed assets | 22/27 | €121,650 | €103,937 | -€17,713 | -14.6% |
| Land and buildings | 22 | €118,305 | €100,690 | -€17,615 | -14.9% |
| Plant, machinery and equipment | 23 | €3,345 | €3,247 | -€98 | -2.9% |
| Financial fixed assets | 28 | €727,594 | €727,594 | = | 0.0% |
| Current assets | 29/58 | €2,265,558 | €2,361,719 | +€96,161 | +4.2% |
| Amounts receivable within one year | 40/41 | €220,357 | €38,559 | -€181,798 | -82.5% |
| Trade receivables | 40 | €23,049 | €23,801 | +€752 | +3.3% |
| Other amounts receivable | 41 | €197,308 | €14,758 | -€182,549 | -92.5% |
| Current investments | 50/53 | €1,959,524 | €2,236,584 | +€277,060 | +14.1% |
| Cash at bank and in hand | 54/58 | €85,677 | €86,576 | +€899 | +1.0% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €3,114,801 | €3,193,249 | +€78,448 | +2.5% |
| Equity | 10/15 | €3,002,031 | €3,175,539 | +€173,509 | +5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,973,044 | €3,143,044 | +€170,000 | +5.7% |
| Non-distributable reserves | 130/1 | €10,044 | €10,044 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,044 | €10,044 | = | 0.0% |
| Distributable reserves | 133 | €2,963,000 | €3,133,000 | +€170,000 | +5.7% |
| Profit (loss) carried forward | 14 | €22,787 | €26,295 | +€3,509 | +15.4% |
| Amounts payable | 17/49 | €112,770 | €17,710 | -€95,060 | -84.3% |
| Amounts payable within one year | 42/48 | €112,770 | €17,710 | -€95,060 | -84.3% |
| Trade debts | 44 | €1,382 | €1,934 | +€552 | +39.9% |
| Suppliers | 440/4 | €1,382 | €1,934 | +€552 | +39.9% |
| Taxes, remuneration and social security | 45 | €23,388 | €15,776 | -€7,612 | -32.5% |
| Taxes | 450/3 | €23,388 | €15,776 | -€7,612 | -32.5% |
| Other amounts payable | 47/48 | €88,000 | €0 | -€88,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,874 | €19,587 | -€2,286 | -10.5% |
| Other operating charges | 640/8 | €2,495 | €2,621 | +€126 | +5.1% |
| Gross operating margin | 9900 | €96,488 | €76,833 | -€19,655 | -20.4% |
| Operating profit (loss) | 9901 | €72,120 | €54,625 | -€17,495 | -24.3% |
| Financial income | 75/76B | €108,944 | €247,634 | +€138,690 | +127% |
| Recurring financial income | 75 | €108,944 | €247,634 | +€138,690 | +127% |
| Financial charges | 65/66B | €4,021 | €97,700 | +€93,679 | +2,330% |
| Recurring financial charges | 65 | €4,021 | €97,700 | +€93,679 | +2,330% |
| Profit (loss) for the period before taxes | 9903 | €177,043 | €204,560 | +€27,516 | +15.5% |
| Income taxes | 67/77 | €36,458 | €31,051 | -€5,407 | -14.8% |
| Profit (loss) for the period | 9904 | €140,585 | €173,509 | +€32,923 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €140,585 | €173,509 | +€32,923 | +23.4% |
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 16 October 2026 via checked.be.