STESSENS VERZEKERINGEN: what changed
STESSENS VERZEKERINGEN
Largest movements
- Cash -€76,849
down €76,849 (-53.3%), from €144,146 to €67,298
mainly Debts after one year (-€61,327) and Investment in fixed assets (net) (-€35,261)
- Intangible fixed assets -€57,084
down €57,084 (-14.3%), from €399,590 to €342,505
- Receivables within one year +€21,425
up €21,425 (+65.1%), from €32,914 to €54,339
of which Other amounts receivable: +€20,445
- Current investments +€19,644
up €19,644 (+78.8%), from €24,933 to €44,577
- Tangible fixed assets +€19,567
up €19,567 (+32.7%), from €59,795 to €79,362
of which Furniture and vehicles: +€16,723
- Debts after one year -€61,327
down €61,327 (-15.4%), from €398,586 to €337,260
- Reserves -€15,156
down €15,156 (-14.0%), from €108,000 to €92,844
of which Distributable reserves: -€15,156
- Other debts +€13,182
up €13,182 (+88.7%), from €14,868 to €28,050
- Tax, wage and social debts -€9,794
down €9,794 (-21.4%), from €45,699 to €35,904
of which Remuneration and social security: -€5,534
- Staff costs +€64,869
up €64,869 (+28.5%), from €228,000 to €292,870
- Gross operating margin +€13,463
up €13,463 (+3.5%), from €382,281 to €395,743
- Taxes -€10,631
down €10,631 (-53.6%), from €19,820 to €9,188
- Financial charges -€5,179
down €5,179 (-47.8%), from €10,837 to €5,658
- Depreciation -€5,071
down €5,071 (-6.5%), from €77,848 to €72,778
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €662,434 | €588,501 | -€73,933 | -11.2% |
| Fixed assets | 21/28 | €459,805 | €422,288 | -€37,517 | -8.2% |
| Intangible fixed assets | 21 | €399,590 | €342,505 | -€57,084 | -14.3% |
| Tangible fixed assets | 22/27 | €59,795 | €79,362 | +€19,567 | +32.7% |
| Land and buildings | 22 | €38,179 | €31,653 | -€6,526 | -17.1% |
| Plant, machinery and equipment | 23 | €6,003 | €15,373 | +€9,370 | +156% |
| Furniture and vehicles | 24 | €15,614 | €32,337 | +€16,723 | +107% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €202,629 | €166,213 | -€36,416 | -18.0% |
| Amounts receivable within one year | 40/41 | €32,914 | €54,339 | +€21,425 | +65.1% |
| Trade receivables | 40 | €19,566 | €20,545 | +€979 | +5.0% |
| Other amounts receivable | 41 | €13,348 | €33,794 | +€20,445 | +153% |
| Current investments | 50/53 | €24,933 | €44,577 | +€19,644 | +78.8% |
| Cash at bank and in hand | 54/58 | €144,146 | €67,298 | -€76,849 | -53.3% |
| Deferred charges and accrued income | 490/1 | €636 | €0 | -€636 | -100% |
| Total equity and liabilities | 10/49 | €662,434 | €588,501 | -€73,933 | -11.2% |
| Equity | 10/15 | €129,808 | €114,652 | -€15,156 | -11.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €108,000 | €92,844 | -€15,156 | -14.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €106,000 | €90,844 | -€15,156 | -14.3% |
| Profit (loss) carried forward | 14 | €1,808 | €1,808 | = | 0.0% |
| Amounts payable | 17/49 | €532,626 | €473,849 | -€58,777 | -11.0% |
| Amounts payable after more than one year | 17 | €398,586 | €337,260 | -€61,327 | -15.4% |
| Financial debts | 170/4 | €398,586 | €337,260 | -€61,327 | -15.4% |
| Amounts payable within one year | 42/48 | €134,040 | €136,590 | +€2,550 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €60,507 | €61,096 | +€588 | +1.0% |
| Trade debts | 44 | €12,966 | €11,540 | -€1,427 | -11.0% |
| Suppliers | 440/4 | €12,966 | €11,540 | -€1,427 | -11.0% |
| Taxes, remuneration and social security | 45 | €45,699 | €35,904 | -€9,794 | -21.4% |
| Taxes | 450/3 | €6,210 | €1,950 | -€4,260 | -68.6% |
| Remuneration and social security | 454/9 | €39,488 | €33,954 | -€5,534 | -14.0% |
| Other amounts payable | 47/48 | €14,868 | €28,050 | +€13,182 | +88.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €4 | +€4 | |
| Remuneration, social security and pensions | 62 | €228,000 | €292,870 | +€64,869 | +28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,848 | €72,778 | -€5,071 | -6.5% |
| Other operating charges | 640/8 | €1,179 | €3,034 | +€1,856 | +157% |
| Gross operating margin | 9900 | €382,281 | €395,743 | +€13,463 | +3.5% |
| Operating profit (loss) | 9901 | €75,253 | €27,062 | -€48,191 | -64.0% |
| Financial income | 75/76B | €2,930 | €2,628 | -€302 | -10.3% |
| Recurring financial income | 75 | €2,930 | €2,628 | -€302 | -10.3% |
| Financial charges | 65/66B | €10,837 | €5,658 | -€5,179 | -47.8% |
| Recurring financial charges | 65 | €10,837 | €5,658 | -€5,179 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €67,345 | €24,032 | -€43,313 | -64.3% |
| Income taxes | 67/77 | €19,820 | €9,188 | -€10,631 | -53.6% |
| Profit (loss) for the period | 9904 | €47,526 | €14,844 | -€32,682 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | €47,526 | €14,844 | -€32,682 | -68.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.