STEVA ENGINEERING: 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.
STEVA ENGINEERING
Largest movements
- Current investments +€72,199
up €72,199 (+41.5%), from €173,894 to €246,093
- Cash +€19,773
up €19,773 (+5.5%), from €357,280 to €377,053
mainly Net result for the year (+€125,735) and Depreciation (+€18,629)
- Receivables within one year +€15,708
up €15,708 (+40.4%), from €38,849 to €54,557
of which Trade receivables: +€8,972
- Tangible fixed assets -€12,772
down €12,772 (-44.0%), from €29,029 to €16,257
of which Land and buildings: -€11,886
- Reserves +€99,042
up €99,042 (+19.9%), from €497,971 to €597,013
of which Distributable reserves: +€99,042
- Other debts -€7,793
no longer reported in 2025 (was €7,793)
- Gross operating margin -€17,961
down €17,961 (-8.2%), from €219,167 to €201,205
- Taxes -€5,774
down €5,774 (-9.9%), from €58,581 to €52,807
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 | €670,319 | €761,950 | +€91,631 | +13.7% |
| Fixed assets | 21/28 | €29,029 | €16,257 | -€12,772 | -44.0% |
| Tangible fixed assets | 22/27 | €29,029 | €16,257 | -€12,772 | -44.0% |
| Land and buildings | 22 | €16,918 | €5,032 | -€11,886 | -70.3% |
| Plant, machinery and equipment | 23 | €12,111 | €7,877 | -€4,234 | -35.0% |
| Furniture and vehicles | 24 | - | €3,348 | +€3,348 | |
| Current assets | 29/58 | €641,290 | €745,692 | +€104,402 | +16.3% |
| Stocks and contracts in progress | 3 | €67,947 | €64,528 | -€3,419 | -5.0% |
| Stocks | 30/36 | €67,947 | €64,528 | -€3,419 | -5.0% |
| Amounts receivable within one year | 40/41 | €38,849 | €54,557 | +€15,708 | +40.4% |
| Trade receivables | 40 | €38,142 | €47,115 | +€8,972 | +23.5% |
| Other amounts receivable | 41 | €707 | €7,443 | +€6,736 | +953.1% |
| Current investments | 50/53 | €173,894 | €246,093 | +€72,199 | +41.5% |
| Cash at bank and in hand | 54/58 | €357,280 | €377,053 | +€19,773 | +5.5% |
| Deferred charges and accrued income | 490/1 | €3,320 | €3,460 | +€140 | +4.2% |
| Total equity and liabilities | 10/49 | €670,319 | €761,950 | +€91,631 | +13.7% |
| Equity | 10/15 | €645,994 | €745,036 | +€99,042 | +15.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €497,971 | €597,013 | +€99,042 | +19.9% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €494,971 | €594,013 | +€99,042 | +20.0% |
| Profit (loss) carried forward | 14 | €118,024 | €118,024 | = | 0.0% |
| Amounts payable | 17/49 | €24,325 | €16,913 | -€7,412 | -30.5% |
| Amounts payable within one year | 42/48 | €19,317 | €11,906 | -€7,412 | -38.4% |
| Financial debts | 43 | - | €0 | +€0 | |
| Other loans | 439 | - | €0 | +€0 | |
| Trade debts | 44 | €4,073 | €1,553 | -€2,521 | -61.9% |
| Suppliers | 440/4 | €4,073 | €1,553 | -€2,521 | -61.9% |
| Taxes, remuneration and social security | 45 | €7,451 | €10,353 | +€2,902 | +38.9% |
| Taxes | 450/3 | €7,451 | €10,353 | +€2,902 | +38.9% |
| Other amounts payable | 47/48 | €7,793 | - | -€7,793 | |
| Accrued charges and deferred income | 492/3 | €5,008 | €5,008 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,082 | €18,629 | -€454 | -2.4% |
| Other operating charges | 640/8 | €4,298 | €4,427 | +€128 | +3.0% |
| Gross operating margin | 9900 | €219,167 | €201,205 | -€17,961 | -8.2% |
| Operating profit (loss) | 9901 | €195,786 | €178,150 | -€17,635 | -9.0% |
| Financial income | 75/76B | €811 | €837 | +€26 | +3.2% |
| Recurring financial income | 75 | €811 | €837 | +€26 | +3.2% |
| Financial charges | 65/66B | €401 | €445 | +€45 | +11.2% |
| Recurring financial charges | 65 | €401 | €445 | +€45 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €196,196 | €178,541 | -€17,654 | -9.0% |
| Income taxes | 67/77 | €58,581 | €52,807 | -€5,774 | -9.9% |
| Profit (loss) for the period | 9904 | €137,615 | €125,735 | -€11,880 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €137,615 | €125,735 | -€11,880 | -8.6% |
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 3 October 2026 via checked.be.