STEP INTERNATIONAL: 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 INTERNATIONAL
Largest movements
- Cash +€80,043
up €80,043 (+1,271%), from €6,297 to €86,341
- Receivables within one year -€18,725
down €18,725 (-86.0%), from €21,777 to €3,051
of which Trade receivables: -€18,643
- Reserves +€43,478
up €43,478 (+330%), from €13,177 to €56,655
of which Distributable reserves: +€43,478
- Other debts +€14,308
up €14,308 (+132%), from €10,862 to €25,170
- Trade debts +€2,751
up €2,751 (+227%), from €1,213 to €3,964
- Gross operating margin -€17,564
down €17,564 (-87.5%), from €20,075 to €2,511
- Other operating charges +€607
up €607 (+62.5%), from €971 to €1,578
- Financial charges -€497
down €497 (-58.2%), from €853 to €357
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,686 | €92,859 | +€60,173 | +184% |
| Fixed assets | 21/28 | €1,326 | €903 | -€423 | -31.9% |
| Tangible fixed assets | 22/27 | €1,286 | €863 | -€423 | -32.9% |
| Plant, machinery and equipment | 23 | €1,286 | €863 | -€423 | -32.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €31,361 | €91,956 | +€60,596 | +193% |
| Amounts receivable within one year | 40/41 | €21,777 | €3,051 | -€18,725 | -86.0% |
| Trade receivables | 40 | €21,541 | €2,899 | -€18,643 | -86.5% |
| Other amounts receivable | 41 | €235 | €153 | -€82 | -35.0% |
| Current investments | 50/53 | €2,564 | €2,564 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,297 | €86,341 | +€80,043 | +1,271% |
| Deferred charges and accrued income | 490/1 | €723 | €0 | -€723 | -100% |
| Total equity and liabilities | 10/49 | €32,686 | €92,859 | +€60,173 | +184% |
| Equity | 10/15 | €19,377 | €62,855 | +€43,478 | +224% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13,177 | €56,655 | +€43,478 | +330% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €13,177 | €56,655 | +€43,478 | +330% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,309 | €30,004 | +€16,695 | +125% |
| Amounts payable within one year | 42/48 | €13,309 | €30,004 | +€16,695 | +125% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €1,213 | €3,964 | +€2,751 | +227% |
| Suppliers | 440/4 | €1,213 | €3,964 | +€2,751 | +227% |
| Taxes, remuneration and social security | 45 | €1,234 | €871 | -€363 | -29.4% |
| Taxes | 450/3 | €1,234 | €871 | -€363 | -29.4% |
| Other amounts payable | 47/48 | €10,862 | €25,170 | +€14,308 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | €211 | = | 0.0% |
| Other operating charges | 640/8 | €971 | €1,578 | +€607 | +62.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,075 | €2,511 | -€17,564 | -87.5% |
| Operating profit (loss) | 9901 | €18,892 | €722 | -€18,171 | -96.2% |
| Financial income | 75/76B | €100 | €55 | -€45 | -45.2% |
| Recurring financial income | 75 | €100 | €55 | -€45 | -45.2% |
| Financial charges | 65/66B | €853 | €357 | -€497 | -58.2% |
| Recurring financial charges | 65 | €853 | €357 | -€497 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | €18,139 | €420 | -€17,719 | -97.7% |
| Income taxes | 67/77 | €259 | €272 | +€12 | +4.8% |
| Profit (loss) for the period | 9904 | €17,879 | €148 | -€17,732 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,879 | €148 | -€17,732 | -99.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.