Steve WEY: what changed
What changed
Steve WEY
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
-€777
2024 · €6,346-€7,123
Equity
€40,850
2024 · €41,627-€777
Cash
€12,486
2024 · €3,364+€9,122
Balance sheet total
€55,042
2024 · €79,433-€24,391
Largest movements
Assets
- Receivables within one year -€24,922
down €24,922 (-52.0%), from €47,942 to €23,020
of which Trade receivables: -€27,255
- Cash +€9,122
up €9,122 (+271%), from €3,364 to €12,486
mainly Receivables within one year (+€24,922) and Depreciation (+€8,963)
- Tangible fixed assets -€8,037
down €8,037 (-33.4%), from €24,034 to €15,996
of which Leasing and similar rights: -€5,651
Equity and liabilities
- Other debts -€10,679
down €10,679 (-98.8%), from €10,814 to €135
- Trade debts -€7,264
down €7,264 (-88.1%), from €8,243 to €980
- Debts after one year -€5,592
down €5,592 (-46.6%), from €11,992 to €6,400
Income statement
- Gross operating margin -€8,886
down €8,886 (-48.6%), from €18,278 to €9,392
- Taxes -€1,669
down €1,669 (-88.8%), from €1,880 to €211
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.
Result 2024
€6,346
Gross operating margin
-€8,886
Depreciation
-€56
Other operating charges
+€12
Financial income
+€0
Financial charges
+€138
Taxes
+€1,669
Result 2025
-€777
raises the resultlowers the result
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.
From operations
+€15,022
Investment
-€454
Financing
-€5,447
Cash 2024
€3,364
From operations (derived)
+€15,022
Net result for the year
-€777
Depreciation
+€8,963
Receivables within one year
+€24,922
Deferred charges and accrued income
+€81
Trade debts
-€7,264
Tax, wage and social debts
-€224
Other debts
-€10,679
Investment (derived)
-€454
Investment in fixed assets (net)
-€454
Financing
-€5,447
Debts after one year
-€5,592
Current portion of long-term debt
+€146
Cash 2025
€12,486
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,433 | €55,042 | -€24,391 | -30.7% |
| Formation expenses | 20 | €826 | €354 | -€472 | -57.1% |
| Fixed assets | 21/28 | €27,034 | €18,996 | -€8,037 | -29.7% |
| Tangible fixed assets | 22/27 | €24,034 | €15,996 | -€8,037 | -33.4% |
| Plant, machinery and equipment | 23 | €2,429 | €1,551 | -€877 | -36.1% |
| Furniture and vehicles | 24 | €4,946 | €3,437 | -€1,509 | -30.5% |
| Leasing and similar rights | 25 | €16,659 | €11,008 | -€5,651 | -33.9% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €51,573 | €35,692 | -€15,881 | -30.8% |
| Amounts receivable within one year | 40/41 | €47,942 | €23,020 | -€24,922 | -52.0% |
| Trade receivables | 40 | €31,680 | €4,425 | -€27,255 | -86.0% |
| Other amounts receivable | 41 | €16,262 | €18,595 | +€2,333 | +14.3% |
| Cash at bank and in hand | 54/58 | €3,364 | €12,486 | +€9,122 | +271% |
| Deferred charges and accrued income | 490/1 | €267 | €187 | -€81 | -30.2% |
| Total equity and liabilities | 10/49 | €79,433 | €55,042 | -€24,391 | -30.7% |
| Equity | 10/15 | €41,627 | €40,850 | -€777 | -1.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,627 | €16,850 | -€777 | -4.4% |
| Amounts payable | 17/49 | €37,806 | €14,192 | -€23,614 | -62.5% |
| Amounts payable after more than one year | 17 | €11,992 | €6,400 | -€5,592 | -46.6% |
| Financial debts | 170/4 | €11,992 | €6,400 | -€5,592 | -46.6% |
| Amounts payable within one year | 42/48 | €25,814 | €7,793 | -€18,022 | -69.8% |
| Current portion of amounts payable after more than one year | 42 | €4,987 | €5,132 | +€146 | +2.9% |
| Trade debts | 44 | €8,243 | €980 | -€7,264 | -88.1% |
| Suppliers | 440/4 | €8,243 | €980 | -€7,264 | -88.1% |
| Taxes, remuneration and social security | 45 | €1,770 | €1,546 | -€224 | -12.7% |
| Taxes | 450/3 | €1,770 | €1,546 | -€224 | -12.7% |
| Other amounts payable | 47/48 | €10,814 | €135 | -€10,679 | -98.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,907 | €8,963 | +€56 | +0.6% |
| Other operating charges | 640/8 | €536 | €524 | -€12 | -2.3% |
| Gross operating margin | 9900 | €18,278 | €9,392 | -€8,886 | -48.6% |
| Operating profit (loss) | 9901 | €8,835 | -€95 | -€8,930 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €609 | €470 | -€138 | -22.7% |
| Recurring financial charges | 65 | €609 | €470 | -€138 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €8,226 | -€566 | -€8,792 | |
| Income taxes | 67/77 | €1,880 | €211 | -€1,669 | -88.8% |
| Profit (loss) for the period | 9904 | €6,346 | -€777 | -€7,123 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,346 | -€777 | -€7,123 |
Next steps
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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.