STEP INVEST: 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 INVEST
Largest movements
- Receivables within one year -€8,403
down €8,403 (-91.6%), from €9,172 to €768
of which Other amounts receivable: -€7,031
- Cash +€3,202
up €3,202 (+4,424%), from €72 to €3,274
mainly Receivables within one year (+€8,403) and Other debts (+€4,515)
- Profit (loss) carried forward -€5,376
down €5,376 (-3.7%), from -€144,900 to -€150,276
- Other debts +€4,515
up €4,515 (+3.5%), from €129,910 to €134,426
- Trade debts -€4,341
down €4,341 (-77.1%), from €5,634 to €1,293
- Other operating charges +€1,693
new in 2025: €1,693
- Gross operating margin -€1,685
down €1,685 (-89.3%), from -€1,886 to -€3,571
- Financial charges +€112
new in 2025: €112
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 | €9,244 | €4,042 | -€5,201 | -56.3% |
| Current assets | 29/58 | €9,244 | €4,042 | -€5,201 | -56.3% |
| Amounts receivable within one year | 40/41 | €9,172 | €768 | -€8,403 | -91.6% |
| Trade receivables | 40 | €1,372 | - | -€1,372 | |
| Other amounts receivable | 41 | €7,799 | €768 | -€7,031 | -90.2% |
| Cash at bank and in hand | 54/58 | €72 | €3,274 | +€3,202 | +4,424% |
| Total equity and liabilities | 10/49 | €9,244 | €4,042 | -€5,201 | -56.3% |
| Equity | 10/15 | -€126,300 | -€131,676 | -€5,376 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€144,900 | -€150,276 | -€5,376 | -3.7% |
| Amounts payable | 17/49 | €135,544 | €135,718 | +€174 | +0.1% |
| Amounts payable within one year | 42/48 | €135,544 | €135,718 | +€174 | +0.1% |
| Trade debts | 44 | €5,634 | €1,293 | -€4,341 | -77.1% |
| Suppliers | 440/4 | €5,634 | €1,293 | -€4,341 | -77.1% |
| Other amounts payable | 47/48 | €129,910 | €134,426 | +€4,515 | +3.5% |
| Other operating charges | 640/8 | - | €1,693 | +€1,693 | |
| Gross operating margin | 9900 | -€1,886 | -€3,571 | -€1,685 | -89.3% |
| Operating profit (loss) | 9901 | -€1,886 | -€5,264 | -€3,377 | -179% |
| Financial charges | 65/66B | - | €112 | +€112 | |
| Recurring financial charges | 65 | - | €112 | +€112 | |
| Profit (loss) for the period before taxes | 9903 | -€1,886 | -€5,376 | -€3,489 | -185% |
| Profit (loss) for the period | 9904 | -€1,886 | -€5,376 | -€3,489 | -185% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,886 | -€5,376 | -€3,489 | -185% |
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 23 October 2026 via checked.be.