STEPPA: 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.
What changed
STEPPA
NACE 43.331, Floor and wall tiling
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,334
2024 · -€107,592+€144,926
Equity
€75,212
2024 · €37,878+€37,334
Cash
€6,708
2024 · €4,660+€2,048
Balance sheet total
€442,369
2024 · €425,132+€17,237
Largest movements
Assets
- Stocks and contracts -€21,000
no longer reported in 2025 (was €21,000)
- Receivables within one year +€18,453
up €18,453 (+4.7%), from €394,154 to €412,607
of which Trade receivables: +€77,598
- Deferred charges and accrued income +€9,028
up €9,028 (+579.1%), from €1,559 to €10,587
- Tangible fixed assets +€4,619
new in 2025: €4,619
Equity and liabilities
- Trade debts -€58,282
down €58,282 (-32.2%), from €181,138 to €122,856
- Profit (loss) carried forward +€37,334
new in 2025: €37,334
- Provisions +€37,266
up €37,266 (+35.4%), from €105,256 to €142,522
Income statement
- Gross operating margin +€226,336
up €226,336 (+267.4%), from €84,649 to €310,985
- Provisions +€48,165
up €48,165, from -€10,900 to €37,265
- Staff costs +€35,165
up €35,165 (+18.3%), from €192,294 to €227,459
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.
Result 2024
-€107,592
Gross operating margin
+€226,336
Staff costs
-€35,165
Depreciation
-€331
Provisions
-€48,165
Other operating charges
-€731
Financial income
+€1,207
Financial charges
+€1,852
Taxes
-€76
Result 2025
€37,334
Cash bridge derived
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.
From operations
+€11,587
Investment
-€9,038
Financing
-€500
Cash 2024
€4,660
From operations (derived)
+€11,587
Net result for the year
+€37,334
Depreciation
+€331
Stocks and contracts
+€21,000
Receivables within one year
-€18,453
Deferred charges and accrued income
-€9,028
Provisions
+€37,266
Trade debts
-€58,282
Tax, wage and social debts
+€1,418
Other debts
+€0
Investment (derived)
-€9,038
Investment in fixed assets (net)
-€9,038
Financing
-€500
Short-term financial debts
-€500
Contributions, distributions and other
-€0
Cash 2025
€6,708
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €425,132 | €442,369 | +€17,237 | +4.1% |
| Fixed assets | 21/28 | €3,759 | €12,466 | +€8,707 | +231.6% |
| Tangible fixed assets | 22/27 | - | €4,619 | +€4,619 | |
| Furniture and vehicles | 24 | - | €4,619 | +€4,619 | |
| Financial fixed assets | 28 | €3,759 | €7,847 | +€4,088 | +108.8% |
| Current assets | 29/58 | €421,373 | €429,902 | +€8,529 | +2.0% |
| Stocks and contracts in progress | 3 | €21,000 | - | -€21,000 | |
| Contracts in progress | 37 | €21,000 | - | -€21,000 | |
| Amounts receivable within one year | 40/41 | €394,154 | €412,607 | +€18,453 | +4.7% |
| Trade receivables | 40 | €254,188 | €331,786 | +€77,598 | +30.5% |
| Other amounts receivable | 41 | €139,966 | €80,821 | -€59,145 | -42.3% |
| Cash at bank and in hand | 54/58 | €4,660 | €6,708 | +€2,048 | +44.0% |
| Deferred charges and accrued income | 490/1 | €1,559 | €10,587 | +€9,028 | +579.1% |
| Total equity and liabilities | 10/49 | €425,132 | €442,369 | +€17,237 | +4.1% |
| Equity | 10/15 | €37,878 | €75,212 | +€37,334 | +98.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,478 | €25,478 | -€0 | 0.0% |
| Distributable reserves | 133 | €25,478 | €25,478 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | - | €37,334 | +€37,334 | |
| Provisions and deferred taxes | 16 | €105,256 | €142,522 | +€37,266 | +35.4% |
| Provisions for liabilities and charges | 160/5 | €105,256 | €142,522 | +€37,266 | +35.4% |
| Pensions and similar obligations | 160 | €105,256 | €101,556 | -€3,700 | -3.5% |
| Other liabilities and charges | 164/5 | - | €40,965 | +€40,965 | |
| Amounts payable | 17/49 | €281,998 | €224,635 | -€57,363 | -20.3% |
| Amounts payable within one year | 42/48 | €281,998 | €224,635 | -€57,363 | -20.3% |
| Financial debts | 43 | €76,000 | €75,500 | -€500 | -0.7% |
| Credit institutions | 430/8 | €76,000 | €75,500 | -€500 | -0.7% |
| Trade debts | 44 | €181,138 | €122,856 | -€58,282 | -32.2% |
| Suppliers | 440/4 | €181,138 | €122,856 | -€58,282 | -32.2% |
| Taxes, remuneration and social security | 45 | €22,717 | €24,135 | +€1,418 | +6.2% |
| Taxes | 450/3 | €416 | - | -€416 | |
| Remuneration and social security | 454/9 | €22,301 | €24,135 | +€1,834 | +8.2% |
| Other amounts payable | 47/48 | €2,143 | €2,143 | +€0 | 0.0% |
| Remuneration, social security and pensions | 62 | €192,294 | €227,459 | +€35,165 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €331 | +€331 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€10,900 | €37,265 | +€48,165 | |
| Other operating charges | 640/8 | €1,952 | €2,683 | +€731 | +37.5% |
| Gross operating margin | 9900 | €84,649 | €310,985 | +€226,336 | +267.4% |
| Operating profit (loss) | 9901 | -€98,697 | €43,247 | +€141,944 | |
| Financial income | 75/76B | €326 | €1,533 | +€1,207 | +370.2% |
| Recurring financial income | 75 | €326 | €1,533 | +€1,207 | +370.2% |
| Financial charges | 65/66B | €8,805 | €6,953 | -€1,852 | -21.0% |
| Recurring financial charges | 65 | €8,805 | €6,953 | -€1,852 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | -€107,176 | €37,826 | +€145,002 | |
| Income taxes | 67/77 | €416 | €492 | +€76 | +18.2% |
| Profit (loss) for the period | 9904 | -€107,592 | €37,334 | +€144,926 | |
| Profit (loss) for the period to be appropriated | 9905 | -€107,592 | €37,334 | +€144,926 |
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 12 October 2026 via checked.be.