STEPHIMMO: 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.
STEPHIMMO
Largest movements
- Cash +€195,000
new in 2024: €195,000
mainly Net result for the year (+€239,547) and Investment in fixed assets (net) (+€103,100)
- Receivables within one year +€134,868
new in 2024: €134,868
- Tangible fixed assets -€103,100
no longer reported in 2024 (was €103,100)
- Reserves +€260,175
up €260,175 (+4336250.0%), from €6 to €260,181
of which Tax-exempt reserves: +€260,175
- Other debts -€95,031
down €95,031 (-99.7%), from €95,331 to €300
- Provisions +€86,725
new in 2024: €86,725
- Profit (loss) carried forward -€20,628
down €20,628 (-603.0%), from -€3,421 to -€24,048
- Trade debts -€4,484
down €4,484 (-90.0%), from €4,984 to €500
- Financial income +€346,900
new in 2024: €346,900
of which Financial income: +€346,900
- Gross operating margin -€23,185
down €23,185, from €3,169 to -€20,017
- Depreciation -€5,100
no longer reported in 2024 (was €5,100)
- Other operating charges -€437
down €437 (-44.6%), from €981 to €544
- Financial charges -€297
down €297 (-81.5%), from €364 to €67
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,100 | €329,880 | +€226,780 | +220.0% |
| Fixed assets | 21/28 | €103,100 | - | -€103,100 | |
| Tangible fixed assets | 22/27 | €103,100 | - | -€103,100 | |
| Land and buildings | 22 | €103,100 | - | -€103,100 | |
| Current assets | 29/58 | - | €329,880 | +€329,880 | |
| Amounts receivable within one year | 40/41 | - | €134,868 | +€134,868 | |
| Other amounts receivable | 41 | - | €134,868 | +€134,868 | |
| Cash at bank and in hand | 54/58 | - | €195,000 | +€195,000 | |
| Deferred charges and accrued income | 490/1 | - | €13 | +€13 | |
| Total equity and liabilities | 10/49 | €103,100 | €329,880 | +€226,780 | +220.0% |
| Equity | 10/15 | €2,785 | €242,333 | +€239,547 | +8600.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6 | €260,181 | +€260,175 | +4336250.0% |
| Non-distributable reserves | 130/1 | €6 | €6 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6 | €6 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €260,175 | +€260,175 | |
| Profit (loss) carried forward | 14 | -€3,421 | -€24,048 | -€20,628 | -603.0% |
| Provisions and deferred taxes | 16 | - | €86,725 | +€86,725 | |
| Deferred taxes | 168 | - | €86,725 | +€86,725 | |
| Amounts payable | 17/49 | €100,315 | €823 | -€99,492 | -99.2% |
| Amounts payable within one year | 42/48 | €100,315 | €823 | -€99,492 | -99.2% |
| Financial debts | 43 | - | €23 | +€23 | |
| Credit institutions | 430/8 | - | €23 | +€23 | |
| Trade debts | 44 | €4,984 | €500 | -€4,484 | -90.0% |
| Suppliers | 440/4 | €4,984 | €500 | -€4,484 | -90.0% |
| Other amounts payable | 47/48 | €95,331 | €300 | -€95,031 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,100 | - | -€5,100 | |
| Other operating charges | 640/8 | €981 | €544 | -€437 | -44.6% |
| Gross operating margin | 9900 | €3,169 | -€20,017 | -€23,185 | |
| Operating profit (loss) | 9901 | -€2,912 | -€20,560 | -€17,648 | -606.0% |
| Financial income | 75/76B | - | €346,900 | +€346,900 | |
| Recurring financial income | 75 | - | €346,900 | +€346,900 | |
| Non-recurring financial income | 76B | - | €346,900 | +€346,900 | |
| Financial charges | 65/66B | €364 | €67 | -€297 | -81.5% |
| Recurring financial charges | 65 | €364 | €67 | -€297 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,276 | €326,272 | +€329,548 | |
| Transfer to deferred taxes | 680 | - | €86,725 | +€86,725 | |
| Profit (loss) for the period | 9904 | -€3,276 | €239,547 | +€242,823 | |
| Transfer to tax-exempt reserves | 689 | - | €260,175 | +€260,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,276 | -€20,628 | -€17,352 | -529.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.