STEVEN BIEBAUT GROEP: 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.
STEVEN BIEBAUT GROEP
Largest movements
- Tangible fixed assets -€11,756
down €11,756 (-14.4%), from €81,422 to €69,666
of which Furniture and vehicles: -€9,671
- Receivables within one year +€10,548
up €10,548 (+67.1%), from €15,716 to €26,264
of which Other amounts receivable: +€12,461
- Cash -€6,666
down €6,666 (-4.6%), from €145,742 to €139,076
mainly Contributions, distributions and other (-€26,683) and Tax, wage and social debts (-€16,276)
- Other debts +€26,308
new in 2026: €26,308
- Reserves -€19,222
down €19,222 (-9.7%), from €197,997 to €178,774
of which Distributable reserves: -€19,222
- Tax, wage and social debts -€16,276
no longer reported in 2026 (was €16,276)
- Profit (loss) carried forward +€12,740
no longer reported in 2026 (was -€12,740)
- Trade debts -€5,649
down €5,649 (-87.1%), from €6,488 to €840
- Gross operating margin -€184,175
down €184,175 (-80.0%), from €230,298 to €46,123
- Taxes -€59,315
down €59,315 (-83.2%), from €71,276 to €11,961
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,035 | €235,161 | -€7,874 | -3.2% |
| Fixed assets | 21/28 | €81,422 | €69,666 | -€11,756 | -14.4% |
| Tangible fixed assets | 22/27 | €81,422 | €69,666 | -€11,756 | -14.4% |
| Land and buildings | 22 | €42,923 | €41,152 | -€1,771 | -4.1% |
| Plant, machinery and equipment | 23 | €4,276 | €3,961 | -€315 | -7.4% |
| Furniture and vehicles | 24 | €34,223 | €24,552 | -€9,671 | -28.3% |
| Current assets | 29/58 | €161,613 | €165,495 | +€3,882 | +2.4% |
| Stocks and contracts in progress | 3 | €155 | €155 | = | 0.0% |
| Stocks | 30/36 | €155 | €155 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,716 | €26,264 | +€10,548 | +67.1% |
| Trade receivables | 40 | €14,499 | €12,586 | -€1,913 | -13.2% |
| Other amounts receivable | 41 | €1,217 | €13,678 | +€12,461 | +1,024% |
| Cash at bank and in hand | 54/58 | €145,742 | €139,076 | -€6,666 | -4.6% |
| Total equity and liabilities | 10/49 | €243,035 | €235,161 | -€7,874 | -3.2% |
| Equity | 10/15 | €191,457 | €184,974 | -€6,483 | -3.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €197,997 | €178,774 | -€19,222 | -9.7% |
| 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 | €196,137 | €176,914 | -€19,222 | -9.8% |
| Profit (loss) carried forward | 14 | -€12,740 | - | +€12,740 | |
| Amounts payable | 17/49 | €51,578 | €50,186 | -€1,391 | -2.7% |
| Amounts payable after more than one year | 17 | €23,039 | €18,279 | -€4,760 | -20.7% |
| Financial debts | 170/4 | €23,039 | €18,279 | -€4,760 | -20.7% |
| Amounts payable within one year | 42/48 | €27,384 | €31,908 | +€4,524 | +16.5% |
| Current portion of amounts payable after more than one year | 42 | €4,620 | €4,760 | +€141 | +3.0% |
| Trade debts | 44 | €6,488 | €840 | -€5,649 | -87.1% |
| Suppliers | 440/4 | €6,488 | €840 | -€5,649 | -87.1% |
| Taxes, remuneration and social security | 45 | €16,276 | - | -€16,276 | |
| Taxes | 450/3 | €16,276 | - | -€16,276 | |
| Other amounts payable | 47/48 | - | €26,308 | +€26,308 | |
| Accrued charges and deferred income | 492/3 | €1,155 | - | -€1,155 | |
| Non-recurring operating income | 76A | €157,500 | - | -€157,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,830 | €12,567 | -€263 | -2.1% |
| Other operating charges | 640/8 | €568 | €488 | -€80 | -14.1% |
| Non-recurring operating charges | 66A | €1,170 | - | -€1,170 | |
| Gross operating margin | 9900 | €230,298 | €46,123 | -€184,175 | -80.0% |
| Operating profit (loss) | 9901 | €215,730 | €33,068 | -€182,662 | -84.7% |
| Financial income | 75/76B | €58 | €35 | -€23 | -39.1% |
| Recurring financial income | 75 | €58 | €35 | -€23 | -39.1% |
| Financial charges | 65/66B | €1,043 | €943 | -€100 | -9.6% |
| Recurring financial charges | 65 | €1,043 | €943 | -€100 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €214,746 | €32,161 | -€182,585 | -85.0% |
| Income taxes | 67/77 | €71,276 | €11,961 | -€59,315 | -83.2% |
| Profit (loss) for the period | 9904 | €143,470 | €20,200 | -€123,270 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €143,470 | €20,200 | -€123,270 | -85.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.