STEVA INVEST: 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.
STEVA INVEST
Largest movements
- Tangible fixed assets +€19,349
new in 2025: €19,349
- Receivables within one year -€11,709
down €11,709 (-65.5%), from €17,873 to €6,163
- Cash +€3,950
up €3,950 (+16.6%), from €23,815 to €27,765
mainly Debts after one year (+€12,561) and Receivables within one year (+€11,709)
- Debts after one year +€12,561
new in 2025: €12,561
- Tax, wage and social debts -€6,472
down €6,472 (-44.7%), from €14,478 to €8,005
- Current portion of long-term debt +€5,169
new in 2025: €5,169
- Trade debts -€2,930
down €2,930 (-98.0%), from €2,990 to €60
- Profit (loss) carried forward +€2,756
up €2,756 (+14.3%), from €19,237 to €21,993
- Gross operating margin -€14,112
down €14,112 (-52.4%), from €26,942 to €12,830
- Depreciation +€5,025
new in 2025: €5,025
- Taxes -€2,877
down €2,877 (-45.4%), from €6,334 to €3,457
- Financial charges +€997
up €997 (+2,553%), from €39 to €1,036
- Other operating charges +€493
up €493 (+795%), from €62 to €555
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 | €41,688 | €53,380 | +€11,692 | +28.0% |
| Fixed assets | 21/28 | - | €19,349 | +€19,349 | |
| Tangible fixed assets | 22/27 | - | €19,349 | +€19,349 | |
| Furniture and vehicles | 24 | - | €19,349 | +€19,349 | |
| Current assets | 29/58 | €41,688 | €34,031 | -€7,657 | -18.4% |
| Amounts receivable within one year | 40/41 | €17,873 | €6,163 | -€11,709 | -65.5% |
| Trade receivables | 40 | €17,873 | €6,163 | -€11,709 | -65.5% |
| Cash at bank and in hand | 54/58 | €23,815 | €27,765 | +€3,950 | +16.6% |
| Deferred charges and accrued income | 490/1 | - | €103 | +€103 | |
| Total equity and liabilities | 10/49 | €41,688 | €53,380 | +€11,692 | +28.0% |
| Equity | 10/15 | €23,237 | €25,993 | +€2,756 | +11.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,237 | €21,993 | +€2,756 | +14.3% |
| Amounts payable | 17/49 | €18,451 | €27,387 | +€8,935 | +48.4% |
| Amounts payable after more than one year | 17 | - | €12,561 | +€12,561 | |
| Financial debts | 170/4 | - | €12,561 | +€12,561 | |
| Amounts payable within one year | 42/48 | €18,451 | €14,825 | -€3,626 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | - | €5,169 | +€5,169 | |
| Trade debts | 44 | €2,990 | €60 | -€2,930 | -98.0% |
| Suppliers | 440/4 | €2,990 | €60 | -€2,930 | -98.0% |
| Taxes, remuneration and social security | 45 | €14,478 | €8,005 | -€6,472 | -44.7% |
| Taxes | 450/3 | €14,478 | €8,005 | -€6,472 | -44.7% |
| Other amounts payable | 47/48 | €984 | €1,591 | +€607 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,025 | +€5,025 | |
| Other operating charges | 640/8 | €62 | €555 | +€493 | +795% |
| Gross operating margin | 9900 | €26,942 | €12,830 | -€14,112 | -52.4% |
| Operating profit (loss) | 9901 | €26,880 | €7,250 | -€19,630 | -73.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €39 | €1,036 | +€997 | +2,553% |
| Recurring financial charges | 65 | €39 | €1,036 | +€997 | +2,553% |
| Profit (loss) for the period before taxes | 9903 | €26,844 | €6,214 | -€20,630 | -76.9% |
| Income taxes | 67/77 | €6,334 | €3,457 | -€2,877 | -45.4% |
| Profit (loss) for the period | 9904 | €20,510 | €2,756 | -€17,753 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,510 | €2,756 | -€17,753 | -86.6% |
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 31 October 2026 via checked.be.