Steve ortega SPRL: what changed
Steve ortega SPRL
Largest movements
- Receivables within one year -€9,558
down €9,558 (-23.8%), from €40,112 to €30,555
of which Trade receivables: -€9,477
- Cash +€2,434
up €2,434 (+540%), from €450 to €2,884
mainly Receivables within one year (+€9,558) and Net result for the year (+€6,874)
- Tangible fixed assets -€1,803
down €1,803 (-10.0%), from €18,065 to €16,262
- Intangible fixed assets -€631
down €631 (-99.8%), from €633 to €1
- Other debts -€16,773
down €16,773 (-28.5%), from €58,766 to €41,993
- Profit (loss) carried forward +€6,874
up €6,874 (+9.1%), from -€75,123 to -€68,249
- Trade debts +€2,128
up €2,128 (+4.1%), from €51,813 to €53,941
- Tax, wage and social debts -€1,701
down €1,701 (-29.3%), from €5,795 to €4,095
- Gross operating margin -€10,287
down €10,287 (-29.2%), from €35,189 to €24,902
- Financial charges +€3,072
up €3,072 (+326%), from €942 to €4,014
- Other operating charges +€2,176
up €2,176 (+46.0%), from €4,727 to €6,903
- Write-downs -€763
no longer reported in 2025 (was €763)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,851 | €50,379 | -€9,472 | -15.8% |
| Fixed assets | 21/28 | €18,698 | €16,263 | -€2,435 | -13.0% |
| Intangible fixed assets | 21 | €633 | €1 | -€631 | -99.8% |
| Tangible fixed assets | 22/27 | €18,065 | €16,262 | -€1,803 | -10.0% |
| Furniture and vehicles | 24 | €18,065 | €16,262 | -€1,803 | -10.0% |
| Current assets | 29/58 | €41,153 | €34,116 | -€7,037 | -17.1% |
| Amounts receivable within one year | 40/41 | €40,112 | €30,555 | -€9,558 | -23.8% |
| Trade receivables | 40 | €40,032 | €30,555 | -€9,477 | -23.7% |
| Other amounts receivable | 41 | €81 | - | -€81 | |
| Cash at bank and in hand | 54/58 | €450 | €2,884 | +€2,434 | +540% |
| Deferred charges and accrued income | 490/1 | €590 | €677 | +€87 | +14.7% |
| Total equity and liabilities | 10/49 | €59,851 | €50,379 | -€9,472 | -15.8% |
| Equity | 10/15 | -€56,523 | -€49,649 | +€6,874 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€75,123 | -€68,249 | +€6,874 | +9.1% |
| Amounts payable | 17/49 | €116,374 | €100,028 | -€16,346 | -14.0% |
| Amounts payable within one year | 42/48 | €116,374 | €100,028 | -€16,346 | -14.0% |
| Trade debts | 44 | €51,813 | €53,941 | +€2,128 | +4.1% |
| Suppliers | 440/4 | €51,813 | €53,941 | +€2,128 | +4.1% |
| Taxes, remuneration and social security | 45 | €5,795 | €4,095 | -€1,701 | -29.3% |
| Taxes | 450/3 | €5,795 | €4,095 | -€1,701 | -29.3% |
| Other amounts payable | 47/48 | €58,766 | €41,993 | -€16,773 | -28.5% |
| Non-recurring operating income | 76A | €386 | - | -€386 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,883 | €6,802 | -€82 | -1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €763 | - | -€763 | |
| Other operating charges | 640/8 | €4,727 | €6,903 | +€2,176 | +46.0% |
| Non-recurring operating charges | 66A | - | €315 | +€315 | |
| Gross operating margin | 9900 | €35,189 | €24,902 | -€10,287 | -29.2% |
| Operating profit (loss) | 9901 | €22,815 | €10,881 | -€11,934 | -52.3% |
| Financial income | 75/76B | €275 | €7 | -€269 | -97.6% |
| Recurring financial income | 75 | €275 | €7 | -€269 | -97.6% |
| Financial charges | 65/66B | €942 | €4,014 | +€3,072 | +326% |
| Recurring financial charges | 65 | €942 | €4,014 | +€3,072 | +326% |
| Profit (loss) for the period before taxes | 9903 | €22,148 | €6,874 | -€15,275 | -69.0% |
| Profit (loss) for the period | 9904 | €22,148 | €6,874 | -€15,275 | -69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,148 | €6,874 | -€15,275 | -69.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.