Steph Bétail: 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.
Steph Bétail
Largest movements
- Cash +€1,322
up €1,322 (+43.3%), from €3,054 to €4,376
mainly Trade debts (+€6,309) and Other debts (+€5,396)
- Tangible fixed assets -€1,221
down €1,221 (-23.3%), from €5,231 to €4,011
of which Furniture and vehicles: -€3,141
- Receivables within one year +€867
up €867 (+43.3%), from €2,000 to €2,867
- Profit (loss) carried forward -€10,807
down €10,807 (-29.7%), from -€36,393 to -€47,200
- Trade debts +€6,309
up €6,309 (+173%), from €3,638 to €9,947
- Other debts +€5,396
up €5,396 (+13.5%), from €39,959 to €45,355
- Gross operating margin +€7,399
up €7,399 (+52.1%), from -€14,206 to -€6,807
- Depreciation +€480
up €480 (+15.3%), from €3,141 to €3,621
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.
Derived cash bridge
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 | €10,285 | €11,253 | +€968 | +9.4% |
| Fixed assets | 21/28 | €5,231 | €4,011 | -€1,221 | -23.3% |
| Tangible fixed assets | 22/27 | €5,231 | €4,011 | -€1,221 | -23.3% |
| Plant, machinery and equipment | 23 | - | €1,920 | +€1,920 | |
| Furniture and vehicles | 24 | €5,231 | €2,091 | -€3,141 | -60.0% |
| Current assets | 29/58 | €5,054 | €7,243 | +€2,189 | +43.3% |
| Amounts receivable within one year | 40/41 | €2,000 | €2,867 | +€867 | +43.3% |
| Trade receivables | 40 | €2,000 | €2,867 | +€867 | +43.3% |
| Cash at bank and in hand | 54/58 | €3,054 | €4,376 | +€1,322 | +43.3% |
| Total equity and liabilities | 10/49 | €10,285 | €11,253 | +€968 | +9.4% |
| Equity | 10/15 | -€33,393 | -€44,200 | -€10,807 | -32.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,393 | -€47,200 | -€10,807 | -29.7% |
| Amounts payable | 17/49 | €43,677 | €55,453 | +€11,776 | +27.0% |
| Amounts payable within one year | 42/48 | €43,677 | €55,453 | +€11,776 | +27.0% |
| Trade debts | 44 | €3,638 | €9,947 | +€6,309 | +173% |
| Suppliers | 440/4 | €3,638 | €9,947 | +€6,309 | +173% |
| Taxes, remuneration and social security | 45 | €80 | €151 | +€71 | +88.6% |
| Taxes | 450/3 | €80 | €151 | +€71 | +88.6% |
| Other amounts payable | 47/48 | €39,959 | €45,355 | +€5,396 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,141 | €3,621 | +€480 | +15.3% |
| Other operating charges | 640/8 | €128 | €128 | = | 0.0% |
| Gross operating margin | 9900 | -€14,206 | -€6,807 | +€7,399 | +52.1% |
| Operating profit (loss) | 9901 | -€17,474 | -€10,555 | +€6,919 | +39.6% |
| Financial charges | 65/66B | €276 | €252 | -€24 | -8.6% |
| Recurring financial charges | 65 | €276 | €252 | -€24 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,750 | -€10,807 | +€6,943 | +39.1% |
| Profit (loss) for the period | 9904 | -€17,750 | -€10,807 | +€6,943 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,750 | -€10,807 | +€6,943 | +39.1% |
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 30 October 2026 via checked.be.