STEP SERVICES: 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.
What changed
STEP SERVICES
NACE 88.101, Social work activities without accommodation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€163,484
2024 · €248,233-€84,749
Equity
€3.5m
2024 · €3.3m+€159,119
Cash
€766,365
2024 · €774,441-€8,076
Balance sheet total
€4.6m
2024 · €4.4m+€200,065
Largest movements
Assets
- Current investments -€600,000
down €600,000 (-100.0%), from €600,000 to €0
- Receivables after one year +€585,000
up €585,000 (+28.4%), from €2.1m to €2.6m
- Receivables within one year +€278,350
up €278,350 (+67.7%), from €410,960 to €689,310
of which Trade receivables: +€288,439
Equity and liabilities
- Reserves +€163,484
up €163,484 (+5.0%), from €3.3m to €3.4m
of which Tax-exempt reserves: +€163,484
- Tax, wage and social debts +€78,742
up €78,742 (+13.8%), from €572,224 to €650,966
of which Remuneration and social security: +€72,964
- Accrued charges and deferred income -€56,695
down €56,695 (-17.2%), from €329,130 to €272,435
Income statement
- Purchases and services +€244,838
new in 2025: €244,838
- Staff costs +€192,224
up €192,224 (+4.5%), from €4.3m to €4.5m
- Gross operating margin +€91,771
up €91,771 (+2.0%), from €4.6m to €4.7m
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.
Result 2024
€248,233
Gross operating margin
+€91,771
Staff costs
-€192,224
Depreciation
-€4,465
Provisions
+€32,156
Other operating charges
+€2,614
Financial income
-€6,866
Financial charges
-€96
Taxes
-€7,640
Result 2025
€163,484
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.
From operations
-€545,600
Investment
+€541,890
Financing
-€4,365
Cash 2024
€774,441
From operations (derived)
-€545,600
Net result for the year
+€163,484
Depreciation
+€77,057
Receivables after one year
-€585,000
Receivables within one year
-€278,350
Deferred charges and accrued income
+€36,262
Trade debts
+€23,763
Tax, wage and social debts
+€78,742
Other debts
-€4,863
Accrued charges and deferred income
-€56,695
Investment (derived)
+€541,890
Investment in fixed assets (net)
-€58,110
Current investments
+€600,000
Financing
-€4,365
Contributions, distributions and other
-€4,365
Cash 2025
€766,365
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,371,771 | €4,571,836 | +€200,065 | +4.6% |
| Fixed assets | 21/28 | €431,576 | €412,629 | -€18,946 | -4.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €419,676 | €400,729 | -€18,946 | -4.5% |
| Land and buildings | 22 | €343,912 | €295,953 | -€47,958 | -13.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €69,528 | €99,691 | +€30,163 | +43.4% |
| Other tangible fixed assets | 26 | €6,236 | €5,085 | -€1,151 | -18.5% |
| Financial fixed assets | 28 | €11,900 | €11,900 | = | 0.0% |
| Current assets | 29/58 | €3,940,195 | €4,159,207 | +€219,012 | +5.6% |
| Amounts receivable after more than one year | 29 | €2,057,875 | €2,642,875 | +€585,000 | +28.4% |
| Other amounts receivable | 291 | €2,057,875 | €2,642,875 | +€585,000 | +28.4% |
| Amounts receivable within one year | 40/41 | €410,960 | €689,310 | +€278,350 | +67.7% |
| Trade receivables | 40 | €360,533 | €648,972 | +€288,439 | +80.0% |
| Other amounts receivable | 41 | €50,427 | €40,338 | -€10,089 | -20.0% |
| Current investments | 50/53 | €600,000 | €0 | -€600,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €774,441 | €766,365 | -€8,076 | -1.0% |
| Deferred charges and accrued income | 490/1 | €96,920 | €60,657 | -€36,262 | -37.4% |
| Total equity and liabilities | 10/49 | €4,371,771 | €4,571,836 | +€200,065 | +4.6% |
| Equity | 10/15 | €3,334,250 | €3,493,369 | +€159,119 | +4.8% |
| Contributions | 10/11 | €51,025 | €51,100 | +€75 | +0.1% |
| Capital | 10 | €51,025 | €51,100 | +€75 | +0.1% |
| Issued capital | 100 | €51,175 | €51,250 | +€75 | +0.1% |
| Uncalled capital | 101 | €150 | €150 | = | 0.0% |
| Reserves | 13 | €3,265,662 | €3,429,146 | +€163,484 | +5.0% |
| Non-distributable reserves | 130/1 | €5,560 | €5,560 | = | 0.0% |
| Legal reserve | 130 | €5,560 | €5,560 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,260,102 | €3,423,586 | +€163,484 | +5.0% |
| Investment grants | 15 | €17,563 | €13,123 | -€4,440 | -25.3% |
| Provisions and deferred taxes | 16 | €96,741 | €96,741 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €96,741 | €96,741 | = | 0.0% |
| Pensions and similar obligations | 160 | €96,741 | €96,741 | = | 0.0% |
| Amounts payable | 17/49 | €940,780 | €981,726 | +€40,947 | +4.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €611,650 | €709,291 | +€97,642 | +16.0% |
| Trade debts | 44 | €34,563 | €58,326 | +€23,763 | +68.8% |
| Suppliers | 440/4 | €34,563 | €58,326 | +€23,763 | +68.8% |
| Taxes, remuneration and social security | 45 | €572,224 | €650,966 | +€78,742 | +13.8% |
| Taxes | 450/3 | €3,824 | €9,603 | +€5,779 | +151.1% |
| Remuneration and social security | 454/9 | €568,400 | €641,363 | +€72,964 | +12.8% |
| Other amounts payable | 47/48 | €4,863 | €0 | -€4,863 | -100.0% |
| Accrued charges and deferred income | 492/3 | €329,130 | €272,435 | -€56,695 | -17.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €244,838 | +€244,838 | |
| Remuneration, social security and pensions | 62 | €4,282,901 | €4,475,125 | +€192,224 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,592 | €77,057 | +€4,465 | +6.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €32,156 | - | -€32,156 | |
| Other operating charges | 640/8 | €14,003 | €11,389 | -€2,614 | -18.7% |
| Gross operating margin | 9900 | €4,624,468 | €4,716,238 | +€91,771 | +2.0% |
| Operating profit (loss) | 9901 | €222,815 | €152,668 | -€70,147 | -31.5% |
| Financial income | 75/76B | €45,766 | €38,900 | -€6,866 | -15.0% |
| Recurring financial income | 75 | €45,766 | €38,900 | -€6,866 | -15.0% |
| Financial charges | 65/66B | €264 | €360 | +€96 | +36.3% |
| Recurring financial charges | 65 | €264 | €360 | +€96 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €268,317 | €191,208 | -€77,109 | -28.7% |
| Income taxes | 67/77 | €20,085 | €27,725 | +€7,640 | +38.0% |
| Profit (loss) for the period | 9904 | €248,233 | €163,484 | -€84,749 | -34.1% |
| Transfer to tax-exempt reserves | 689 | €248,233 | €163,484 | -€84,749 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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.