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STEPAUR: 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

STEPAUR

BE 0450.383.965
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,179
2024 · -€2,141+€962
Equity
-€11,935
2024 · -€10,756-€1,179
Cash
€503
2024 · €343+€160
Balance sheet total
€9,180
2024 · €10,358-€1,179

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€1,339

    down €1,339 (-13.4%), from €10,015 to €8,676

  • Cash +€160

    up €160 (+46.6%), from €343 to €503

    mainly Depreciation (+€1,339)

Equity and liabilities
  • Profit (loss) carried forward -€1,179

    down €1,179 (-1.6%), from -€75,209 to -€76,387

Income statement
  • Gross operating margin +€958

    up €958 (+2561.3%), from €37 to €996

From the 2024 result to the 2025 result

effect on the 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 -€2,141
Gross operating margin +€958
Depreciation +€0
Other operating charges -€3
Financial charges +€7
Result 2025 -€1,179

Cash bridge derived

cash 2024 to 2025

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 +€160
Investment €0
Financing €0
Cash 2024 €343
Net result for the year -€1,179
Depreciation +€1,339
Cash 2025 €503
Every line side by side 25 lines
Line Code 2024 2025 Change %
Total assets 20/58 €10,358 €9,180 -€1,179 -11.4%
Fixed assets 21/28 €10,015 €8,676 -€1,339 -13.4%
Tangible fixed assets 22/27 €10,015 €8,676 -€1,339 -13.4%
Land and buildings 22 €10,015 €8,676 -€1,339 -13.4%
Current assets 29/58 €343 €503 +€160 +46.6%
Cash at bank and in hand 54/58 €343 €503 +€160 +46.6%
Total equity and liabilities 10/49 €10,358 €9,180 -€1,179 -11.4%
Equity 10/15 -€10,756 -€11,935 -€1,179 -11.0%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Revaluation surpluses 12 €2,452 €2,452 = 0.0%
Profit (loss) carried forward 14 -€75,209 -€76,387 -€1,179 -1.6%
Amounts payable 17/49 €21,114 €21,114 = 0.0%
Amounts payable within one year 42/48 €21,114 €21,114 = 0.0%
Other amounts payable 47/48 €21,114 €21,114 = 0.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,339 €1,339 -€0 0.0%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 €37 €996 +€958 +2561.3%
Operating profit (loss) 9901 -€1,686 -€730 +€955 +56.7%
Financial charges 65/66B €455 €448 -€7 -1.5%
Recurring financial charges 65 €455 €448 -€7 -1.5%
Profit (loss) for the period before taxes 9903 -€2,141 -€1,179 +€962 +44.9%
Profit (loss) for the period 9904 -€2,141 -€1,179 +€962 +44.9%
Profit (loss) for the period to be appropriated 9905 -€2,141 -€1,179 +€962 +44.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.