SteP ITS: 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.
SteP ITS
Largest movements
- Receivables within one year +€6,835
up €6,835 (+17.8%), from €38,359 to €45,194
of which Trade receivables: +€4,220
- Reserves +€8,480
up €8,480 (+35.5%), from €23,855 to €32,335
of which Distributable reserves: +€8,480
- Tax, wage and social debts -€2,708
down €2,708 (-11.1%), from €24,390 to €21,682
of which Taxes: -€2,708
- Profit (loss) carried forward -€1,221
down €1,221 (-100.0%), from €1,221 to €0
- Taxes -€2,027
down €2,027 (-16.7%), from €12,156 to €10,129
- Depreciation +€571
up €571 (+42.2%), from €1,353 to €1,924
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 | €102,465 | €107,559 | +€5,094 | +5.0% |
| Fixed assets | 21/28 | €6,363 | €5,503 | -€861 | -13.5% |
| Tangible fixed assets | 22/27 | €4,963 | €4,103 | -€861 | -17.3% |
| Plant, machinery and equipment | 23 | €1,627 | €1,189 | -€438 | -26.9% |
| Furniture and vehicles | 24 | €1,365 | €1,458 | +€94 | +6.9% |
| Other tangible fixed assets | 26 | €1,972 | €1,455 | -€516 | -26.2% |
| Financial fixed assets | 28 | €1,400 | €1,400 | = | 0.0% |
| Current assets | 29/58 | €96,102 | €102,056 | +€5,954 | +6.2% |
| Amounts receivable within one year | 40/41 | €38,359 | €45,194 | +€6,835 | +17.8% |
| Trade receivables | 40 | €26,475 | €30,696 | +€4,220 | +15.9% |
| Other amounts receivable | 41 | €11,884 | €14,498 | +€2,615 | +22.0% |
| Cash at bank and in hand | 54/58 | €57,167 | €56,514 | -€653 | -1.1% |
| Deferred charges and accrued income | 490/1 | €576 | €348 | -€227 | -39.5% |
| Total equity and liabilities | 10/49 | €102,465 | €107,559 | +€5,094 | +5.0% |
| Equity | 10/15 | €39,923 | €47,182 | +€7,259 | +18.2% |
| Contributions | 10/11 | €14,847 | €14,847 | = | 0.0% |
| Reserves | 13 | €23,855 | €32,335 | +€8,480 | +35.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €22,000 | €30,480 | +€8,480 | +38.5% |
| Profit (loss) carried forward | 14 | €1,221 | €0 | -€1,221 | -100.0% |
| Amounts payable | 17/49 | €62,543 | €60,377 | -€2,165 | -3.5% |
| Amounts payable within one year | 42/48 | €62,543 | €60,377 | -€2,165 | -3.5% |
| Trade debts | 44 | €11,460 | €12,080 | +€620 | +5.4% |
| Suppliers | 440/4 | €11,460 | €12,080 | +€620 | +5.4% |
| Taxes, remuneration and social security | 45 | €24,390 | €21,682 | -€2,708 | -11.1% |
| Taxes | 450/3 | €19,482 | €16,773 | -€2,708 | -13.9% |
| Remuneration and social security | 454/9 | €4,908 | €4,908 | = | 0.0% |
| Other amounts payable | 47/48 | €26,693 | €26,616 | -€77 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,353 | €1,924 | +€571 | +42.2% |
| Other operating charges | 640/8 | €779 | €873 | +€93 | +11.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €45,936 | €45,515 | -€421 | -0.9% |
| Operating profit (loss) | 9901 | €43,804 | €42,719 | -€1,085 | -2.5% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €397 | €339 | -€58 | -14.6% |
| Recurring financial charges | 65 | €397 | €339 | -€58 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €43,407 | €42,388 | -€1,020 | -2.3% |
| Income taxes | 67/77 | €12,156 | €10,129 | -€2,027 | -16.7% |
| Profit (loss) for the period | 9904 | €31,252 | €32,259 | +€1,007 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €31,252 | €32,259 | +€1,007 | +3.2% |
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 30 September 2026 via checked.be.