Stessens S: 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.
Stessens S
Largest movements
- Cash +€22,248
up €22,248 (+2,689%), from €827 to €23,075
mainly Other debts (+€22,244) and Current portion of long-term debt (+€20,000)
- Stocks and contracts +€14,450
up €14,450 (+27.5%), from €52,550 to €67,000
- Receivables within one year +€8,155
up €8,155 (+69.9%), from €11,670 to €19,825
of which Trade receivables: +€8,276
- Other debts +€22,244
up €22,244 (+7.4%), from €300,460 to €322,703
- Debts after one year -€20,000
down €20,000 (-100%), from €20,000 to €0
- Current portion of long-term debt +€20,000
new in 2025: €20,000
- Profit (loss) carried forward +€12,845
up €12,845 (+4.7%), from -€272,204 to -€259,359
- Tax, wage and social debts +€5,022
up €5,022 (+20,096%), from €25 to €5,047
- Gross operating margin +€31,431
up €31,431, from -€8,381 to €23,050
- Financial charges -€376
down €376 (-19.0%), from €1,978 to €1,602
- Other operating charges +€314
up €314 (+6.0%), from €5,221 to €5,535
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.
Derived cash bridge
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 | €98,283 | €142,292 | +€44,009 | +44.8% |
| Fixed assets | 21/28 | €32,422 | €31,821 | -€602 | -1.9% |
| Tangible fixed assets | 22/27 | €31,969 | €31,367 | -€602 | -1.9% |
| Plant, machinery and equipment | 23 | €0 | €911 | +€911 | |
| Furniture and vehicles | 24 | €1,322 | €793 | -€529 | -40.0% |
| Other tangible fixed assets | 26 | €30,646 | €29,663 | -€983 | -3.2% |
| Financial fixed assets | 28 | €453 | €453 | = | 0.0% |
| Current assets | 29/58 | €65,861 | €110,472 | +€44,611 | +67.7% |
| Stocks and contracts in progress | 3 | €52,550 | €67,000 | +€14,450 | +27.5% |
| Stocks | 30/36 | €52,550 | €67,000 | +€14,450 | +27.5% |
| Amounts receivable within one year | 40/41 | €11,670 | €19,825 | +€8,155 | +69.9% |
| Trade receivables | 40 | €11,549 | €19,825 | +€8,276 | +71.7% |
| Other amounts receivable | 41 | €121 | €0 | -€121 | -100% |
| Current investments | 50/53 | €273 | €0 | -€273 | -100% |
| Cash at bank and in hand | 54/58 | €827 | €23,075 | +€22,248 | +2,689% |
| Deferred charges and accrued income | 490/1 | €540 | €572 | +€31 | +5.8% |
| Total equity and liabilities | 10/49 | €98,283 | €142,292 | +€44,009 | +44.8% |
| Equity | 10/15 | -€230,733 | -€217,888 | +€12,845 | +5.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €35,274 | €35,274 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,158 | €24,158 | = | 0.0% |
| Distributable reserves | 133 | €11,116 | €11,116 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€272,204 | -€259,359 | +€12,845 | +4.7% |
| Amounts payable | 17/49 | €329,017 | €360,180 | +€31,164 | +9.5% |
| Amounts payable after more than one year | 17 | €20,000 | €0 | -€20,000 | -100% |
| Financial debts | 170/4 | €20,000 | €0 | -€20,000 | -100% |
| Amounts payable within one year | 42/48 | €309,017 | €359,629 | +€50,613 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €8,532 | €11,879 | +€3,347 | +39.2% |
| Suppliers | 440/4 | €8,532 | €11,879 | +€3,347 | +39.2% |
| Taxes, remuneration and social security | 45 | €25 | €5,047 | +€5,022 | +20,096% |
| Taxes | 450/3 | €25 | €5,047 | +€5,022 | +20,096% |
| Other amounts payable | 47/48 | €300,460 | €322,703 | +€22,244 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €551 | +€551 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,047 | €3,068 | +€20 | +0.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,221 | €5,535 | +€314 | +6.0% |
| Gross operating margin | 9900 | -€8,381 | €23,050 | +€31,431 | |
| Operating profit (loss) | 9901 | -€16,649 | €14,447 | +€31,097 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,978 | €1,602 | -€376 | -19.0% |
| Recurring financial charges | 65 | €1,978 | €1,602 | -€376 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€18,628 | €12,845 | +€31,473 | |
| Profit (loss) for the period | 9904 | -€18,628 | €12,845 | +€31,473 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,628 | €12,845 | +€31,473 |
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 17 October 2026 via checked.be.