StevCon: 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.
StevCon
Largest movements
- Receivables within one year +€62,479
up €62,479 (+6398.5%), from €976 to €63,456
of which Other amounts receivable: +€41,087
- Intangible fixed assets -€18,991
down €18,991 (-16.8%), from €113,290 to €94,299
- Tangible fixed assets +€11,035
up €11,035 (+1191.2%), from €926 to €11,962
of which Furniture and vehicles: +€6,935
- Deferred charges and accrued income +€3,485
up €3,485 (+58.5%), from €5,953 to €9,438
- Profit (loss) carried forward +€49,667
up €49,667 (+28.9%), from -€171,867 to -€122,200
- Other debts -€31,225
down €31,225 (-93.7%), from €33,317 to €2,093
- Tax, wage and social debts +€19,167
up €19,167 (+125.9%), from €15,227 to €34,395
- Trade debts +€11,535
up €11,535 (+89.5%), from €12,895 to €24,430
- Short-term financial debts +€3,971
new in 2025: €3,971
- Gross operating margin +€29,693
up €29,693 (+46.4%), from €63,939 to €93,632
- Taxes +€17,557
up €17,557 (+663.6%), from €2,646 to €20,203
- Depreciation +€1,810
up €1,810 (+9.3%), from €19,510 to €21,320
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 | €121,271 | €180,995 | +€59,724 | +49.2% |
| Fixed assets | 21/28 | €114,217 | €106,261 | -€7,956 | -7.0% |
| Intangible fixed assets | 21 | €113,290 | €94,299 | -€18,991 | -16.8% |
| Tangible fixed assets | 22/27 | €926 | €11,962 | +€11,035 | +1191.2% |
| Plant, machinery and equipment | 23 | €621 | €4,721 | +€4,100 | +660.5% |
| Furniture and vehicles | 24 | €306 | €7,241 | +€6,935 | +2268.6% |
| Current assets | 29/58 | €7,054 | €74,734 | +€67,680 | +959.5% |
| Amounts receivable within one year | 40/41 | €976 | €63,456 | +€62,479 | +6398.5% |
| Trade receivables | 40 | €0 | €21,393 | +€21,393 | |
| Other amounts receivable | 41 | €976 | €42,063 | +€41,087 | +4207.7% |
| Cash at bank and in hand | 54/58 | €125 | €1,840 | +€1,716 | +1377.5% |
| Deferred charges and accrued income | 490/1 | €5,953 | €9,438 | +€3,485 | +58.5% |
| Total equity and liabilities | 10/49 | €121,271 | €180,995 | +€59,724 | +49.2% |
| Equity | 10/15 | €59,831 | €109,498 | +€49,667 | +83.0% |
| Contributions | 10/11 | €193,085 | €193,085 | = | 0.0% |
| Reserves | 13 | €38,613 | €38,613 | = | 0.0% |
| Distributable reserves | 133 | €38,613 | €38,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,867 | -€122,200 | +€49,667 | +28.9% |
| Amounts payable | 17/49 | €61,440 | €71,497 | +€10,057 | +16.4% |
| Amounts payable after more than one year | 17 | €0 | €3,781 | +€3,781 | |
| Financial debts | 170/4 | €0 | €3,781 | +€3,781 | |
| Amounts payable within one year | 42/48 | €61,440 | €67,306 | +€5,866 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | - | €2,418 | +€2,418 | |
| Financial debts | 43 | - | €3,971 | +€3,971 | |
| Credit institutions | 430/8 | - | €3,971 | +€3,971 | |
| Trade debts | 44 | €12,895 | €24,430 | +€11,535 | +89.5% |
| Suppliers | 440/4 | €12,895 | €24,430 | +€11,535 | +89.5% |
| Taxes, remuneration and social security | 45 | €15,227 | €34,395 | +€19,167 | +125.9% |
| Taxes | 450/3 | €15,227 | €34,395 | +€19,167 | +125.9% |
| Other amounts payable | 47/48 | €33,317 | €2,093 | -€31,225 | -93.7% |
| Accrued charges and deferred income | 492/3 | - | €410 | +€410 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,510 | €21,320 | +€1,810 | +9.3% |
| Other operating charges | 640/8 | €616 | €950 | +€334 | +54.2% |
| Gross operating margin | 9900 | €63,939 | €93,632 | +€29,693 | +46.4% |
| Operating profit (loss) | 9901 | €43,814 | €71,362 | +€27,549 | +62.9% |
| Financial income | 75/76B | €0 | €14 | +€14 | |
| Recurring financial income | 75 | €0 | €14 | +€14 | |
| Financial charges | 65/66B | €991 | €1,507 | +€516 | +52.0% |
| Recurring financial charges | 65 | €991 | €1,507 | +€516 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | €42,823 | €69,870 | +€27,048 | +63.2% |
| Income taxes | 67/77 | €2,646 | €20,203 | +€17,557 | +663.6% |
| Profit (loss) for the period | 9904 | €40,177 | €49,667 | +€9,490 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €40,177 | €49,667 | +€9,490 | +23.6% |
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 12 October 2026 via checked.be.