STEVA: 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
STEVA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€67,907
2024 · €59,946+€7,961
Equity
€251,608
2024 · €183,701+€67,907
Cash
€23,971
2024 · €26,575-€2,604
Balance sheet total
€713,806
2024 · €724,651-€10,845
Largest movements
Assets
- Tangible fixed assets -€32,955
down €32,955 (-5.5%), from €600,300 to €567,346
- Receivables within one year +€25,767
up €25,767 (+39.8%), from €64,708 to €90,474
of which Other amounts receivable: +€33,517
Equity and liabilities
- Profit (loss) carried forward +€67,907
up €67,907 (+59.6%), from €113,944 to €181,851
- Debts after one year -€65,877
down €65,877 (-18.3%), from €359,115 to €293,238
- Trade debts -€48,798
down €48,798 (-60.7%), from €80,449 to €31,651
- Tax, wage and social debts +€33,246
up €33,246 (+158%), from €21,014 to €54,260
of which Taxes: +€30,855
Income statement
- Gross operating margin +€31,271
up €31,271 (+10.4%), from €300,759 to €332,030
- Staff costs +€17,010
up €17,010 (+11.4%), from €149,834 to €166,844
- Taxes +€7,027
up €7,027 (+29.3%), from €24,000 to €31,027
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
€59,946
Gross operating margin
+€31,271
Staff costs
-€17,010
Depreciation
-€1,855
Other operating charges
+€452
Financial income
+€1,238
Financial charges
+€892
Taxes
-€7,027
Result 2025
€67,907
raises the resultlowers the result
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.
From operations
+€63,534
Investment
-€2,937
Financing
-€63,200
Cash 2024
€26,575
From operations (derived)
+€63,534
Net result for the year
+€67,907
Depreciation
+€37,918
Stocks and contracts
-€236
Receivables within one year
-€25,767
Deferred charges and accrued income
-€737
Trade debts
-€48,798
Tax, wage and social debts
+€33,246
Investment (derived)
-€2,937
Investment in fixed assets (net)
-€2,937
Financing
-€63,200
Debts after one year
-€65,877
Current portion of long-term debt
-€3,333
Short-term financial debts
+€6,009
Cash 2025
€23,971
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €724,651 | €713,806 | -€10,845 | -1.5% |
| Fixed assets | 21/28 | €612,455 | €577,475 | -€34,980 | -5.7% |
| Intangible fixed assets | 21 | €12,155 | €10,129 | -€2,026 | -16.7% |
| Tangible fixed assets | 22/27 | €600,300 | €567,346 | -€32,955 | -5.5% |
| Land and buildings | 22 | €488,012 | €477,486 | -€10,526 | -2.2% |
| Plant, machinery and equipment | 23 | €42,350 | €28,431 | -€13,919 | -32.9% |
| Furniture and vehicles | 24 | €14,878 | €13,338 | -€1,540 | -10.4% |
| Other tangible fixed assets | 26 | €55,061 | €48,092 | -€6,969 | -12.7% |
| Current assets | 29/58 | €112,196 | €136,332 | +€24,136 | +21.5% |
| Amounts receivable after more than one year | 29 | €17,481 | €17,481 | = | 0.0% |
| Other amounts receivable | 291 | €17,481 | €17,481 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,473 | €1,708 | +€236 | +16.0% |
| Stocks | 30/36 | €1,473 | €1,708 | +€236 | +16.0% |
| Amounts receivable within one year | 40/41 | €64,708 | €90,474 | +€25,767 | +39.8% |
| Trade receivables | 40 | €15,290 | €7,540 | -€7,750 | -50.7% |
| Other amounts receivable | 41 | €49,417 | €82,934 | +€33,517 | +67.8% |
| Cash at bank and in hand | 54/58 | €26,575 | €23,971 | -€2,604 | -9.8% |
| Deferred charges and accrued income | 490/1 | €1,960 | €2,697 | +€737 | +37.6% |
| Total equity and liabilities | 10/49 | €724,651 | €713,806 | -€10,845 | -1.5% |
| Equity | 10/15 | €183,701 | €251,608 | +€67,907 | +37.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,157 | €51,157 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €49,297 | €49,297 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,944 | €181,851 | +€67,907 | +59.6% |
| Amounts payable | 17/49 | €540,950 | €462,198 | -€78,752 | -14.6% |
| Amounts payable after more than one year | 17 | €359,115 | €293,238 | -€65,877 | -18.3% |
| Financial debts | 170/4 | €359,115 | €293,238 | -€65,877 | -18.3% |
| Amounts payable within one year | 42/48 | €181,835 | €168,960 | -€12,875 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €80,373 | €77,040 | -€3,333 | -4.1% |
| Financial debts | 43 | - | €6,009 | +€6,009 | |
| Credit institutions | 430/8 | - | €6,009 | +€6,009 | |
| Trade debts | 44 | €80,449 | €31,651 | -€48,798 | -60.7% |
| Suppliers | 440/4 | €80,449 | €31,651 | -€48,798 | -60.7% |
| Taxes, remuneration and social security | 45 | €21,014 | €54,260 | +€33,246 | +158% |
| Taxes | 450/3 | €10,059 | €40,914 | +€30,855 | +307% |
| Remuneration and social security | 454/9 | €10,955 | €13,346 | +€2,391 | +21.8% |
| Remuneration, social security and pensions | 62 | €149,834 | €166,844 | +€17,010 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,063 | €37,918 | +€1,855 | +5.1% |
| Other operating charges | 640/8 | €9,882 | €9,430 | -€452 | -4.6% |
| Gross operating margin | 9900 | €300,759 | €332,030 | +€31,271 | +10.4% |
| Operating profit (loss) | 9901 | €104,981 | €117,839 | +€12,858 | +12.2% |
| Financial income | 75/76B | €2,230 | €3,468 | +€1,238 | +55.5% |
| Recurring financial income | 75 | €2,230 | €3,468 | +€1,238 | +55.5% |
| Financial charges | 65/66B | €23,265 | €22,373 | -€892 | -3.8% |
| Recurring financial charges | 65 | €23,265 | €22,373 | -€892 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €83,946 | €98,935 | +€14,988 | +17.9% |
| Income taxes | 67/77 | €24,000 | €31,027 | +€7,027 | +29.3% |
| Profit (loss) for the period | 9904 | €59,946 | €67,907 | +€7,961 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €59,946 | €67,907 | +€7,961 | +13.3% |
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 28 October 2026 via checked.be.