Step4you: 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.
Step4you
Largest movements
- Receivables within one year +€30,782
up €30,782 (+250.9%), from €12,267 to €43,049
of which Other amounts receivable: +€36,107
- Tangible fixed assets +€9,789
up €9,789 (+27.3%), from €35,872 to €45,661
of which Furniture and vehicles: +€17,843
- Cash -€2,177
down €2,177 (-87.0%), from €2,504 to €326
mainly Receivables within one year (-€30,782) and Investment in fixed assets (net) (-€24,577)
- Deferred charges and accrued income +€1,000
new in 2025: €1,000
- Profit (loss) carried forward +€16,085
up €16,085 (+308.0%), from €5,223 to €21,308
- Current portion of long-term debt +€10,003
up €10,003 (+129.6%), from €7,718 to €17,721
- Tax, wage and social debts +€9,261
up €9,261 (+130.4%), from €7,100 to €16,361
of which Taxes: +€9,298
- Debts after one year +€9,077
up €9,077 (+54.7%), from €16,585 to €25,662
- Trade debts -€4,380
no longer reported in 2025 (was €4,380)
- Gross operating margin +€16,629
up €16,629 (+56.0%), from €29,717 to €46,346
- Taxes +€5,339
up €5,339 (+231.9%), from €2,303 to €7,642
- Depreciation +€5,018
up €5,018 (+51.4%), from €9,770 to €14,788
- Financial charges -€2,642
down €2,642 (-85.7%), from €3,082 to €440
- Other operating charges -€1,522
down €1,522 (-15.3%), from €9,981 to €8,459
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 | €50,643 | €90,036 | +€39,393 | +77.8% |
| Fixed assets | 21/28 | €35,872 | €45,661 | +€9,789 | +27.3% |
| Tangible fixed assets | 22/27 | €35,872 | €45,661 | +€9,789 | +27.3% |
| Furniture and vehicles | 24 | €13,783 | €31,627 | +€17,843 | +129.5% |
| Leasing and similar rights | 25 | €22,089 | €14,034 | -€8,054 | -36.5% |
| Current assets | 29/58 | €14,771 | €44,375 | +€29,604 | +200.4% |
| Amounts receivable within one year | 40/41 | €12,267 | €43,049 | +€30,782 | +250.9% |
| Trade receivables | 40 | €12,267 | €6,942 | -€5,325 | -43.4% |
| Other amounts receivable | 41 | - | €36,107 | +€36,107 | |
| Cash at bank and in hand | 54/58 | €2,504 | €326 | -€2,177 | -87.0% |
| Deferred charges and accrued income | 490/1 | - | €1,000 | +€1,000 | |
| Total equity and liabilities | 10/49 | €50,643 | €90,036 | +€39,393 | +77.8% |
| Equity | 10/15 | €14,206 | €30,291 | +€16,085 | +113.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €7,483 | €7,483 | = | 0.0% |
| Distributable reserves | 133 | €7,483 | €7,483 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,223 | €21,308 | +€16,085 | +308.0% |
| Amounts payable | 17/49 | €36,437 | €59,744 | +€23,308 | +64.0% |
| Amounts payable after more than one year | 17 | €16,585 | €25,662 | +€9,077 | +54.7% |
| Financial debts | 170/4 | €16,585 | €25,662 | +€9,077 | +54.7% |
| Amounts payable within one year | 42/48 | €19,851 | €34,082 | +€14,231 | +71.7% |
| Current portion of amounts payable after more than one year | 42 | €7,718 | €17,721 | +€10,003 | +129.6% |
| Trade debts | 44 | €4,380 | - | -€4,380 | |
| Suppliers | 440/4 | €4,380 | - | -€4,380 | |
| Taxes, remuneration and social security | 45 | €7,100 | €16,361 | +€9,261 | +130.4% |
| Taxes | 450/3 | €7,063 | €16,361 | +€9,298 | +131.6% |
| Remuneration and social security | 454/9 | €37 | - | -€37 | |
| Other amounts payable | 47/48 | €653 | - | -€653 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,770 | €14,788 | +€5,018 | +51.4% |
| Other operating charges | 640/8 | €9,981 | €8,459 | -€1,522 | -15.3% |
| Gross operating margin | 9900 | €29,717 | €46,346 | +€16,629 | +56.0% |
| Operating profit (loss) | 9901 | €9,966 | €23,099 | +€13,134 | +131.8% |
| Financial income | 75/76B | €642 | €1,069 | +€427 | +66.4% |
| Recurring financial income | 75 | €642 | €1,069 | +€427 | +66.4% |
| Financial charges | 65/66B | €3,082 | €440 | -€2,642 | -85.7% |
| Recurring financial charges | 65 | €3,082 | €440 | -€2,642 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €7,526 | €23,728 | +€16,202 | +215.3% |
| Income taxes | 67/77 | €2,303 | €7,642 | +€5,339 | +231.9% |
| Profit (loss) for the period | 9904 | €5,223 | €16,085 | +€10,862 | +208.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,223 | €16,085 | +€10,862 | +208.0% |
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.