STEVANNTI: 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.
STEVANNTI
Largest movements
- Tangible fixed assets -€6,442
down €6,442 (-40.5%), from €15,924 to €9,482
of which Land and buildings: -€7,750
- Receivables within one year +€5,458
up €5,458 (+7.6%), from €71,507 to €76,965
of which Other amounts receivable: +€11,694
- Cash -€5,073
down €5,073 (-11.8%), from €42,865 to €37,792
mainly Trade debts (-€16,248) and Debts after one year (-€9,219)
- Stocks and contracts -€2,278
down €2,278 (-15.4%), from €14,818 to €12,539
- Trade debts -€16,248
down €16,248 (-27.7%), from €58,763 to €42,514
- Reserves +€13,139
up €13,139 (+27.0%), from €48,626 to €61,765
of which Distributable reserves: +€13,139
- Debts after one year -€9,219
down €9,219 (-93.2%), from €9,892 to €674
- Other debts +€4,915
up €4,915 (+43.6%), from €11,266 to €16,181
- Current portion of long-term debt -€2,744
down €2,744 (-22.9%), from €11,963 to €9,219
- Gross operating margin +€14,394
up €14,394 (+26.7%), from €54,003 to €68,398
- Taxes +€3,985
up €3,985 (+149%), from €2,683 to €6,667
- Other operating charges -€1,726
down €1,726 (-51.2%), from €3,369 to €1,642
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 | €146,756 | €139,207 | -€7,549 | -5.1% |
| Fixed assets | 21/28 | €16,074 | €9,632 | -€6,442 | -40.1% |
| Tangible fixed assets | 22/27 | €15,924 | €9,482 | -€6,442 | -40.5% |
| Land and buildings | 22 | €12,917 | €5,167 | -€7,750 | -60.0% |
| Plant, machinery and equipment | 23 | €3,007 | €4,315 | +€1,308 | +43.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €130,682 | €129,575 | -€1,107 | -0.8% |
| Stocks and contracts in progress | 3 | €14,818 | €12,539 | -€2,278 | -15.4% |
| Stocks | 30/36 | €14,818 | €12,539 | -€2,278 | -15.4% |
| Amounts receivable within one year | 40/41 | €71,507 | €76,965 | +€5,458 | +7.6% |
| Trade receivables | 40 | €55,034 | €48,798 | -€6,236 | -11.3% |
| Other amounts receivable | 41 | €16,473 | €28,167 | +€11,694 | +71.0% |
| Cash at bank and in hand | 54/58 | €42,865 | €37,792 | -€5,073 | -11.8% |
| Deferred charges and accrued income | 490/1 | €1,492 | €2,279 | +€787 | +52.8% |
| Total equity and liabilities | 10/49 | €146,756 | €139,207 | -€7,549 | -5.1% |
| Equity | 10/15 | €54,826 | €67,965 | +€13,139 | +24.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,626 | €61,765 | +€13,139 | +27.0% |
| 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 | €46,766 | €59,905 | +€13,139 | +28.1% |
| Amounts payable | 17/49 | €91,930 | €71,242 | -€20,687 | -22.5% |
| Amounts payable after more than one year | 17 | €9,892 | €674 | -€9,219 | -93.2% |
| Financial debts | 170/4 | €9,892 | €674 | -€9,219 | -93.2% |
| Amounts payable within one year | 42/48 | €82,037 | €70,568 | -€11,469 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €11,963 | €9,219 | -€2,744 | -22.9% |
| Trade debts | 44 | €58,763 | €42,514 | -€16,248 | -27.7% |
| Suppliers | 440/4 | €58,763 | €42,514 | -€16,248 | -27.7% |
| Taxes, remuneration and social security | 45 | €46 | €2,654 | +€2,608 | +5,695% |
| Taxes | 450/3 | €46 | €2,654 | +€2,608 | +5,695% |
| Other amounts payable | 47/48 | €11,266 | €16,181 | +€4,915 | +43.6% |
| Remuneration, social security and pensions | 62 | €30,091 | €30,335 | +€243 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,340 | €9,482 | +€142 | +1.5% |
| Other operating charges | 640/8 | €3,369 | €1,642 | -€1,726 | -51.2% |
| Gross operating margin | 9900 | €54,003 | €68,398 | +€14,394 | +26.7% |
| Operating profit (loss) | 9901 | €11,203 | €26,938 | +€15,735 | +140% |
| Financial income | 75/76B | €61 | €56 | -€5 | -8.1% |
| Recurring financial income | 75 | €61 | €56 | -€5 | -8.1% |
| Financial charges | 65/66B | €7,147 | €7,188 | +€40 | +0.6% |
| Recurring financial charges | 65 | €7,147 | €7,188 | +€40 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €4,116 | €19,806 | +€15,690 | +381% |
| Income taxes | 67/77 | €2,683 | €6,667 | +€3,985 | +149% |
| Profit (loss) for the period | 9904 | €1,434 | €13,139 | +€11,705 | +817% |
| Profit (loss) for the period to be appropriated | 9905 | €1,434 | €13,139 | +€11,705 | +817% |
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 27 October 2026 via checked.be.