STEPH CONSTRUCT & FILS: 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 CONSTRUCT & FILS
Largest movements
- Receivables within one year -€761
down €761 (-10.3%), from €7,387 to €6,627
of which Other amounts receivable: -€1,434
- Deferred charges and accrued income -€564
no longer reported in 2022 (was €564)
- Cash +€135
up €135 (+36.1%), from €373 to €508
mainly Net result for the year (+€15,911) and Trade debts (+€2,111)
- Tax, wage and social debts -€19,603
down €19,603 (-76.0%), from €25,787 to €6,184
of which Remuneration and social security: -€15,281
- Profit (loss) carried forward +€15,911
up €15,911 (+38.0%), from -€41,827 to -€25,916
- Trade debts +€2,111
up €2,111 (+17.9%), from €11,821 to €13,931
- Other debts +€392
up €392 (+271.9%), from €144 to €536
- Staff costs -€86,483
down €86,483 (-80.1%), from €108,026 to €21,542
- Gross operating margin -€24,316
down €24,316 (-36.7%), from €66,166 to €41,851
- Other operating charges -€2,642
down €2,642 (-47.5%), from €5,562 to €2,920
- Depreciation -€1,255
no longer reported in 2022 (was €1,255)
- Financial charges -€1,015
down €1,015 (-40.7%), from €2,493 to €1,478
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,325 | €7,135 | -€1,190 | -14.3% |
| Current assets | 29/58 | €8,325 | €7,135 | -€1,190 | -14.3% |
| Amounts receivable within one year | 40/41 | €7,387 | €6,627 | -€761 | -10.3% |
| Trade receivables | 40 | €4,000 | €4,674 | +€674 | +16.8% |
| Other amounts receivable | 41 | €3,387 | €1,953 | -€1,434 | -42.3% |
| Cash at bank and in hand | 54/58 | €373 | €508 | +€135 | +36.1% |
| Deferred charges and accrued income | 490/1 | €564 | - | -€564 | |
| Total equity and liabilities | 10/49 | €8,325 | €7,135 | -€1,190 | -14.3% |
| Equity | 10/15 | -€29,427 | -€13,516 | +€15,911 | +54.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,827 | -€25,916 | +€15,911 | +38.0% |
| Amounts payable | 17/49 | €37,752 | €20,651 | -€17,101 | -45.3% |
| Amounts payable within one year | 42/48 | €37,752 | €20,651 | -€17,101 | -45.3% |
| Trade debts | 44 | €11,821 | €13,931 | +€2,111 | +17.9% |
| Suppliers | 440/4 | €11,821 | €13,931 | +€2,111 | +17.9% |
| Taxes, remuneration and social security | 45 | €25,787 | €6,184 | -€19,603 | -76.0% |
| Taxes | 450/3 | €5,943 | €1,621 | -€4,322 | -72.7% |
| Remuneration and social security | 454/9 | €19,843 | €4,563 | -€15,281 | -77.0% |
| Other amounts payable | 47/48 | €144 | €536 | +€392 | +271.9% |
| Non-recurring operating income | 76A | €4,351 | - | -€4,351 | |
| Remuneration, social security and pensions | 62 | €108,026 | €21,542 | -€86,483 | -80.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,255 | - | -€1,255 | |
| Other operating charges | 640/8 | €5,562 | €2,920 | -€2,642 | -47.5% |
| Gross operating margin | 9900 | €66,166 | €41,851 | -€24,316 | -36.7% |
| Operating profit (loss) | 9901 | -€48,676 | €17,389 | +€66,065 | |
| Financial income | 75/76B | €50 | €0 | -€50 | -99.6% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -99.6% |
| Non-recurring financial income | 76B | €50 | €0 | -€50 | -99.6% |
| Financial charges | 65/66B | €2,493 | €1,478 | -€1,015 | -40.7% |
| Recurring financial charges | 65 | €2,493 | €1,478 | -€1,015 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | -€51,119 | €15,911 | +€67,030 | |
| Profit (loss) for the period | 9904 | -€51,119 | €15,911 | +€67,030 | |
| Profit (loss) for the period to be appropriated | 9905 | -€51,119 | €15,911 | +€67,030 |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.