Steph Châssis: 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 Châssis
Largest movements
- Receivables within one year +€38,580
up €38,580 (+112%), from €34,507 to €73,087
of which Other amounts receivable: +€30,609
- Cash +€8,121
up €8,121 (+20,876%), from €39 to €8,160
mainly Trade debts (+€17,659) and Net result for the year (+€17,018)
- Tangible fixed assets +€2,745
new in 2025: €2,745
- Trade debts +€17,659
up €17,659 (+65.5%), from €26,943 to €44,601
- Profit (loss) carried forward +€17,018
up €17,018 (+629%), from €2,706 to €19,723
- Tax, wage and social debts +€15,755
up €15,755 (+318%), from €4,961 to €20,716
- Gross operating margin +€26,107
up €26,107 (+472%), from €5,529 to €31,637
- Taxes +€4,680
up €4,680 (+557%), from €840 to €5,520
- Financial charges +€2,432
up €2,432 (+115%), from €2,121 to €4,553
- Other operating charges +€1,929
up €1,929 (+84.0%), from €2,298 to €4,227
- Financial income -€827
down €827 (-100%), from €827 to €0
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 | €35,339 | €85,041 | +€49,703 | +141% |
| Fixed assets | 21/28 | - | €2,745 | +€2,745 | |
| Tangible fixed assets | 22/27 | - | €2,745 | +€2,745 | |
| Furniture and vehicles | 24 | - | €2,745 | +€2,745 | |
| Current assets | 29/58 | €35,339 | €82,296 | +€46,957 | +133% |
| Amounts receivable within one year | 40/41 | €34,507 | €73,087 | +€38,580 | +112% |
| Trade receivables | 40 | €3,252 | €11,223 | +€7,971 | +245% |
| Other amounts receivable | 41 | €31,255 | €61,864 | +€30,609 | +97.9% |
| Cash at bank and in hand | 54/58 | €39 | €8,160 | +€8,121 | +20,876% |
| Deferred charges and accrued income | 490/1 | €793 | €1,049 | +€256 | +32.3% |
| Total equity and liabilities | 10/49 | €35,339 | €85,041 | +€49,703 | +141% |
| Equity | 10/15 | €2,706 | €19,723 | +€17,018 | +629% |
| Profit (loss) carried forward | 14 | €2,706 | €19,723 | +€17,018 | +629% |
| Amounts payable | 17/49 | €32,633 | €65,318 | +€32,685 | +100% |
| Amounts payable within one year | 42/48 | €31,904 | €65,318 | +€33,414 | +105% |
| Trade debts | 44 | €26,943 | €44,601 | +€17,659 | +65.5% |
| Suppliers | 440/4 | €26,943 | €44,601 | +€17,659 | +65.5% |
| Taxes, remuneration and social security | 45 | €4,961 | €20,716 | +€15,755 | +318% |
| Taxes | 450/3 | €4,961 | €20,716 | +€15,755 | +318% |
| Accrued charges and deferred income | 492/3 | €729 | €0 | -€729 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €319 | +€319 | |
| Other operating charges | 640/8 | €2,298 | €4,227 | +€1,929 | +84.0% |
| Gross operating margin | 9900 | €5,529 | €31,637 | +€26,107 | +472% |
| Operating profit (loss) | 9901 | €3,232 | €27,091 | +€23,859 | +738% |
| Financial income | 75/76B | €827 | €0 | -€827 | -100% |
| Recurring financial income | 75 | €827 | €0 | -€827 | -100% |
| Financial charges | 65/66B | €2,121 | €4,553 | +€2,432 | +115% |
| Recurring financial charges | 65 | €2,121 | €4,553 | +€2,432 | +115% |
| Profit (loss) for the period before taxes | 9903 | €1,938 | €22,538 | +€20,600 | +1,063% |
| Income taxes | 67/77 | €840 | €5,520 | +€4,680 | +557% |
| Profit (loss) for the period | 9904 | €1,098 | €17,018 | +€15,920 | +1,450% |
| Profit (loss) for the period to be appropriated | 9905 | €1,098 | €17,018 | +€15,920 | +1,450% |
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 14 October 2026 via checked.be.