Step-Reno: 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-Reno
Largest movements
- Tangible fixed assets +€134,873
up €134,873 (+662.5%), from €20,357 to €155,231
of which Furniture and vehicles: +€130,855
- Receivables within one year -€66,752
down €66,752 (-37.5%), from €178,067 to €111,315
of which Trade receivables: -€77,950
- Stocks and contracts +€47,727
up €47,727 (+1765.0%), from €2,704 to €50,431
- Trade debts +€211,483
up €211,483 (+2868.9%), from €7,372 to €218,854
- Advances received -€102,759
down €102,759 (-100.0%), from €102,759 to €0
- Other debts -€7,699
down €7,699 (-35.9%), from €21,429 to €13,730
- Profit (loss) carried forward +€6,398
new in 2025: €6,398
- Tax, wage and social debts +€6,014
up €6,014 (+63.0%), from €9,538 to €15,552
of which Taxes: +€3,303
- Staff costs +€64,215
new in 2025: €64,215
- Gross operating margin +€13,431
up €13,431 (+17.0%), from €79,143 to €92,574
- Taxes -€6,260
down €6,260 (-69.6%), from €9,001 to €2,741
- Depreciation +€4,250
up €4,250 (+66.0%), from €6,443 to €10,694
- Other operating charges +€3,916
up €3,916 (+1780.6%), from €220 to €4,136
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 | €207,104 | €320,337 | +€113,233 | +54.7% |
| Fixed assets | 21/28 | €23,277 | €155,481 | +€132,203 | +568.0% |
| Tangible fixed assets | 22/27 | €20,357 | €155,231 | +€134,873 | +662.5% |
| Plant, machinery and equipment | 23 | - | €9,624 | +€9,624 | |
| Furniture and vehicles | 24 | €2,496 | €133,351 | +€130,855 | +5243.6% |
| Leasing and similar rights | 25 | €17,862 | €12,256 | -€5,606 | -31.4% |
| Financial fixed assets | 28 | €2,920 | €250 | -€2,670 | -91.4% |
| Current assets | 29/58 | €183,826 | €164,857 | -€18,970 | -10.3% |
| Stocks and contracts in progress | 3 | €2,704 | €50,431 | +€47,727 | +1765.0% |
| Stocks | 30/36 | €2,704 | €50,431 | +€47,727 | +1765.0% |
| Amounts receivable within one year | 40/41 | €178,067 | €111,315 | -€66,752 | -37.5% |
| Trade receivables | 40 | €157,746 | €79,796 | -€77,950 | -49.4% |
| Other amounts receivable | 41 | €20,321 | €31,518 | +€11,198 | +55.1% |
| Cash at bank and in hand | 54/58 | €1,557 | €340 | -€1,217 | -78.2% |
| Deferred charges and accrued income | 490/1 | €1,499 | €2,771 | +€1,272 | +84.9% |
| Total equity and liabilities | 10/49 | €207,104 | €320,337 | +€113,233 | +54.7% |
| Equity | 10/15 | €15,774 | €22,172 | +€6,398 | +40.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,274 | €13,274 | = | 0.0% |
| Distributable reserves | 133 | €13,274 | €13,274 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €6,398 | +€6,398 | |
| Amounts payable | 17/49 | €191,330 | €298,165 | +€106,835 | +55.8% |
| Amounts payable after more than one year | 17 | €31,636 | €29,296 | -€2,340 | -7.4% |
| Financial debts | 170/4 | €31,636 | €29,296 | -€2,340 | -7.4% |
| Amounts payable within one year | 42/48 | €158,829 | €263,423 | +€104,594 | +65.9% |
| Current portion of amounts payable after more than one year | 42 | €17,731 | €15,287 | -€2,444 | -13.8% |
| Trade debts | 44 | €7,372 | €218,854 | +€211,483 | +2868.9% |
| Suppliers | 440/4 | €7,372 | €218,854 | +€211,483 | +2868.9% |
| Advances received on contracts in progress | 46 | €102,759 | €0 | -€102,759 | -100.0% |
| Taxes, remuneration and social security | 45 | €9,538 | €15,552 | +€6,014 | +63.0% |
| Taxes | 450/3 | €9,538 | €12,842 | +€3,303 | +34.6% |
| Remuneration and social security | 454/9 | - | €2,711 | +€2,711 | |
| Other amounts payable | 47/48 | €21,429 | €13,730 | -€7,699 | -35.9% |
| Accrued charges and deferred income | 492/3 | €865 | €5,445 | +€4,580 | +529.6% |
| Remuneration, social security and pensions | 62 | - | €64,215 | +€64,215 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,443 | €10,694 | +€4,250 | +66.0% |
| Other operating charges | 640/8 | €220 | €4,136 | +€3,916 | +1780.6% |
| Non-recurring operating charges | 66A | €100 | €0 | -€100 | -100.0% |
| Gross operating margin | 9900 | €79,143 | €92,574 | +€13,431 | +17.0% |
| Operating profit (loss) | 9901 | €72,380 | €13,529 | -€58,851 | -81.3% |
| Financial income | 75/76B | €18 | €81 | +€64 | +359.2% |
| Recurring financial income | 75 | €18 | €81 | +€64 | +359.2% |
| Financial charges | 65/66B | €3,820 | €4,471 | +€651 | +17.0% |
| Recurring financial charges | 65 | €3,820 | €4,471 | +€651 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €68,577 | €9,139 | -€59,438 | -86.7% |
| Income taxes | 67/77 | €9,001 | €2,741 | -€6,260 | -69.6% |
| Profit (loss) for the period | 9904 | €59,576 | €6,398 | -€53,178 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,576 | €6,398 | -€53,178 | -89.3% |
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 9 October 2026 via checked.be.