STEVEBO: 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.
STEVEBO
Largest movements
- Receivables within one year +€2,034
up €2,034 (+30.0%), from €6,769 to €8,803
of which Trade receivables: +€2,657
- Cash +€1,370
up €1,370 (+6.4%), from €21,248 to €22,618
mainly Net result for the year (+€2,794) and Stocks and contracts (+€775)
- Stocks and contracts -€775
no longer reported in 2025 (was €775)
- Tangible fixed assets -€400
down €400 (-62.6%), from €639 to €239
of which Furniture and vehicles: -€400
- Reserves +€2,794
up €2,794 (+23.6%), from €11,860 to €14,654
of which Distributable reserves: +€2,794
- Trade debts -€442
down €442 (-23.6%), from €1,871 to €1,429
- Other debts -€335
down €335 (-30.4%), from €1,101 to €767
- Gross operating margin +€7,492
up €7,492, from -€3,971 to €3,521
- Depreciation -€334
down €334 (-45.5%), from €734 to €400
- Taxes +€279
up €279, from €0 to €279
- Financial income -€157
down €157 (-50.8%), from €310 to €153
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 | €29,431 | €31,690 | +€2,259 | +7.7% |
| Fixed assets | 21/28 | €639 | €239 | -€400 | -62.6% |
| Tangible fixed assets | 22/27 | €639 | €239 | -€400 | -62.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €639 | €239 | -€400 | -62.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €28,792 | €31,451 | +€2,659 | +9.2% |
| Stocks and contracts in progress | 3 | €775 | - | -€775 | |
| Stocks | 30/36 | €775 | - | -€775 | |
| Amounts receivable within one year | 40/41 | €6,769 | €8,803 | +€2,034 | +30.0% |
| Trade receivables | 40 | €5,370 | €8,027 | +€2,657 | +49.5% |
| Other amounts receivable | 41 | €1,399 | €776 | -€623 | -44.6% |
| Cash at bank and in hand | 54/58 | €21,248 | €22,618 | +€1,370 | +6.4% |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €29,431 | €31,690 | +€2,259 | +7.7% |
| Equity | 10/15 | €25,164 | €27,957 | +€2,794 | +11.1% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €11,860 | €14,654 | +€2,794 | +23.6% |
| 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 | €10,000 | €12,794 | +€2,794 | +27.9% |
| Profit (loss) carried forward | 14 | €4,004 | €4,004 | = | 0.0% |
| Amounts payable | 17/49 | €4,267 | €3,733 | -€534 | -12.5% |
| Amounts payable within one year | 42/48 | €4,267 | €3,724 | -€543 | -12.7% |
| Trade debts | 44 | €1,871 | €1,429 | -€442 | -23.6% |
| Suppliers | 440/4 | €1,871 | €1,429 | -€442 | -23.6% |
| Taxes, remuneration and social security | 45 | €1,295 | €1,528 | +€234 | +18.0% |
| Taxes | 450/3 | €1,295 | €1,528 | +€234 | +18.0% |
| Other amounts payable | 47/48 | €1,101 | €767 | -€335 | -30.4% |
| Accrued charges and deferred income | 492/3 | - | €9 | +€9 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €734 | €400 | -€334 | -45.5% |
| Other operating charges | 640/8 | €62 | €69 | +€7 | +10.9% |
| Gross operating margin | 9900 | -€3,971 | €3,521 | +€7,492 | |
| Operating profit (loss) | 9901 | -€4,767 | €3,052 | +€7,820 | |
| Financial income | 75/76B | €310 | €153 | -€157 | -50.8% |
| Recurring financial income | 75 | €310 | €153 | -€157 | -50.8% |
| Financial charges | 65/66B | €133 | €132 | -€1 | -0.6% |
| Recurring financial charges | 65 | €133 | €132 | -€1 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,590 | €3,073 | +€7,663 | |
| Income taxes | 67/77 | €0 | €279 | +€279 | |
| Profit (loss) for the period | 9904 | -€4,590 | €2,794 | +€7,384 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,590 | €2,794 | +€7,384 |
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.