STEPISA: 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.
STEPISA
Largest movements
- Receivables within one year -€71,476
down €71,476 (-87.6%), from €81,596 to €10,120
of which Trade receivables: -€73,869
- Trade debts -€69,188
down €69,188 (-98.8%), from €70,000 to €812
- Other debts -€18,748
no longer reported in 2024 (was €18,748)
- Profit (loss) carried forward +€18,018
up €18,018, from -€14,924 to €3,094
- Accrued charges and deferred income -€1,738
no longer reported in 2024 (was €1,738)
- Gross operating margin +€2,471
up €2,471 (+132.2%), from €1,869 to €4,340
- Other operating charges -€645
down €645 (-84.9%), from €760 to €115
- Taxes +€623
no longer reported in 2024 (was -€623)
- Financial charges -€261
down €261 (-86.1%), from €303 to €42
- Depreciation -€124
down €124 (-41.2%), from €301 to €177
From the 2022 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €131,331 | €59,414 | -€71,917 | -54.8% |
| Fixed assets | 21/28 | €47,252 | €47,534 | +€282 | +0.6% |
| Tangible fixed assets | 22/27 | €47,252 | €47,534 | +€282 | +0.6% |
| Furniture and vehicles | 24 | €452 | €734 | +€282 | +62.4% |
| Leasing and similar rights | 25 | €46,800 | €46,800 | = | 0.0% |
| Current assets | 29/58 | €84,079 | €11,880 | -€72,199 | -85.9% |
| Amounts receivable within one year | 40/41 | €81,596 | €10,120 | -€71,476 | -87.6% |
| Trade receivables | 40 | €73,869 | - | -€73,869 | |
| Other amounts receivable | 41 | €7,727 | €10,120 | +€2,393 | +31.0% |
| Cash at bank and in hand | 54/58 | €2,483 | €1,760 | -€723 | -29.1% |
| Total equity and liabilities | 10/49 | €131,331 | €59,414 | -€71,917 | -54.8% |
| Equity | 10/15 | €3,676 | €21,694 | +€18,018 | +490.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,924 | €3,094 | +€18,018 | |
| Amounts payable | 17/49 | €127,655 | €37,720 | -€89,935 | -70.5% |
| Amounts payable after more than one year | 17 | €30,000 | €30,000 | = | 0.0% |
| Financial debts | 170/4 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €95,917 | €7,720 | -€88,197 | -92.0% |
| Trade debts | 44 | €70,000 | €812 | -€69,188 | -98.8% |
| Suppliers | 440/4 | €70,000 | €812 | -€69,188 | -98.8% |
| Taxes, remuneration and social security | 45 | €7,169 | €6,908 | -€261 | -3.6% |
| Taxes | 450/3 | €7,169 | €6,908 | -€261 | -3.6% |
| Other amounts payable | 47/48 | €18,748 | - | -€18,748 | |
| Accrued charges and deferred income | 492/3 | €1,738 | - | -€1,738 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €177 | -€124 | -41.2% |
| Other operating charges | 640/8 | €760 | €115 | -€645 | -84.9% |
| Gross operating margin | 9900 | €1,869 | €4,340 | +€2,471 | +132.2% |
| Operating profit (loss) | 9901 | €808 | €4,048 | +€3,240 | +401.0% |
| Financial income | 75/76B | €42 | €3 | -€39 | -92.9% |
| Recurring financial income | 75 | €42 | €3 | -€39 | -92.9% |
| Financial charges | 65/66B | €303 | €42 | -€261 | -86.1% |
| Recurring financial charges | 65 | €303 | €42 | -€261 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €547 | €4,009 | +€3,462 | +632.9% |
| Income taxes | 67/77 | -€623 | - | +€623 | |
| Profit (loss) for the period | 9904 | €1,170 | €4,009 | +€2,839 | +242.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,170 | €4,009 | +€2,839 | +242.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.