STEPSTOOLS: 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.
STEPSTOOLS
Largest movements
- Cash +€27,533
up €27,533 (+132.7%), from €20,745 to €48,278
mainly Depreciation (+€19,790) and Net result for the year (+€7,786)
- Intangible fixed assets -€19,790
down €19,790 (-67.4%), from €29,367 to €9,576
- Reserves +€7,786
up €7,786 (+52.1%), from €14,956 to €22,742
- Gross operating margin +€9,574
up €9,574 (+49.2%), from €19,444 to €29,018
- Depreciation -€4,185
down €4,185 (-17.5%), from €23,975 to €19,790
- Financial charges -€1,186
down €1,186 (-97.1%), from €1,222 to €36
- Taxes +€677
new in 2025: €677
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,846 | €68,513 | +€7,668 | +12.6% |
| Fixed assets | 21/28 | €29,367 | €9,576 | -€19,790 | -67.4% |
| Intangible fixed assets | 21 | €29,367 | €9,576 | -€19,790 | -67.4% |
| Current assets | 29/58 | €31,479 | €58,937 | +€27,458 | +87.2% |
| Amounts receivable within one year | 40/41 | €10,734 | €10,659 | -€75 | -0.7% |
| Trade receivables | 40 | €8,234 | €9,835 | +€1,602 | +19.5% |
| Other amounts receivable | 41 | €2,500 | €823 | -€1,677 | -67.1% |
| Cash at bank and in hand | 54/58 | €20,745 | €48,278 | +€27,533 | +132.7% |
| Total equity and liabilities | 10/49 | €60,846 | €68,513 | +€7,668 | +12.6% |
| Equity | 10/15 | €44,956 | €52,742 | +€7,786 | +17.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €14,956 | €22,742 | +€7,786 | +52.1% |
| Distributable reserves | 133 | €14,956 | €22,742 | +€7,786 | +52.1% |
| Amounts payable | 17/49 | €15,890 | €15,771 | -€119 | -0.7% |
| Amounts payable within one year | 42/48 | €15,890 | €15,771 | -€119 | -0.7% |
| Trade debts | 44 | - | €128 | +€128 | |
| Suppliers | 440/4 | - | €128 | +€128 | |
| Taxes, remuneration and social security | 45 | €3,737 | €3,543 | -€193 | -5.2% |
| Taxes | 450/3 | €3,737 | - | -€3,737 | |
| Remuneration and social security | 454/9 | - | €3,543 | +€3,543 | |
| Other amounts payable | 47/48 | €12,153 | €12,100 | -€53 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,975 | €19,790 | -€4,185 | -17.5% |
| Other operating charges | 640/8 | €462 | €729 | +€266 | +57.6% |
| Gross operating margin | 9900 | €19,444 | €29,018 | +€9,574 | +49.2% |
| Operating profit (loss) | 9901 | -€4,994 | €8,499 | +€13,493 | |
| Financial charges | 65/66B | €1,222 | €36 | -€1,186 | -97.1% |
| Recurring financial charges | 65 | €1,222 | €36 | -€1,186 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,216 | €8,463 | +€14,679 | |
| Income taxes | 67/77 | - | €677 | +€677 | |
| Profit (loss) for the period | 9904 | -€6,216 | €7,786 | +€14,002 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,216 | €7,786 | +€14,002 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.