Steven Driesen Services: 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 Driesen Services
Largest movements
- Receivables within one year +€114,836
up €114,836 (+119%), from €96,750 to €211,586
of which Other amounts receivable: +€91,908
- Receivables after one year -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets -€46,576
down €46,576 (-4.4%), from €1.1m to €1.0m
of which Land and buildings: -€39,979
- Cash +€42,029
up €42,029 (+62.3%), from €67,408 to €109,437
mainly Depreciation (+€62,039) and Receivables after one year (+€60,000)
- Other debts +€54,468
up €54,468 (+324%), from €16,806 to €71,274
- Gross operating margin -€7,217
down €7,217 (-4.0%), from €178,597 to €171,380
- Depreciation +€5,551
up €5,551 (+9.8%), from €56,489 to €62,039
- Taxes -€3,803
down €3,803 (-16.3%), from €23,299 to €19,495
- Other operating charges +€3,156
up €3,156 (+62.3%), from €5,066 to €8,223
- Financial charges +€2,175
up €2,175 (+7.7%), from €28,140 to €30,315
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.
Derived cash bridge
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 | €1,278,113 | €1,328,456 | +€50,343 | +3.9% |
| Fixed assets | 21/28 | €1,053,077 | €1,006,502 | -€46,576 | -4.4% |
| Tangible fixed assets | 22/27 | €1,053,077 | €1,006,502 | -€46,576 | -4.4% |
| Land and buildings | 22 | €1,037,754 | €997,775 | -€39,979 | -3.9% |
| Furniture and vehicles | 24 | €5,147 | €46 | -€5,101 | -99.1% |
| Other tangible fixed assets | 26 | €10,177 | €8,681 | -€1,496 | -14.7% |
| Current assets | 29/58 | €225,036 | €321,954 | +€96,918 | +43.1% |
| Amounts receivable after more than one year | 29 | €60,000 | €0 | -€60,000 | -100% |
| Other amounts receivable | 291 | €60,000 | €0 | -€60,000 | -100% |
| Amounts receivable within one year | 40/41 | €96,750 | €211,586 | +€114,836 | +119% |
| Trade receivables | 40 | €37,177 | €60,105 | +€22,928 | +61.7% |
| Other amounts receivable | 41 | €59,573 | €151,481 | +€91,908 | +154% |
| Cash at bank and in hand | 54/58 | €67,408 | €109,437 | +€42,029 | +62.3% |
| Deferred charges and accrued income | 490/1 | €877 | €931 | +€54 | +6.2% |
| Total equity and liabilities | 10/49 | €1,278,113 | €1,328,456 | +€50,343 | +3.9% |
| Equity | 10/15 | €444,800 | €442,690 | -€2,110 | -0.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €432,300 | €430,190 | -€2,110 | -0.5% |
| Distributable reserves | 133 | €432,300 | €430,190 | -€2,110 | -0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €833,313 | €885,765 | +€52,452 | +6.3% |
| Amounts payable after more than one year | 17 | €733,996 | €732,202 | -€1,794 | -0.2% |
| Financial debts | 170/4 | €733,996 | €732,202 | -€1,794 | -0.2% |
| Amounts payable within one year | 42/48 | €91,203 | €144,807 | +€53,604 | +58.8% |
| Current portion of amounts payable after more than one year | 42 | €20,951 | €21,794 | +€843 | +4.0% |
| Trade debts | 44 | €43,027 | €37,867 | -€5,160 | -12.0% |
| Suppliers | 440/4 | €43,027 | €37,867 | -€5,160 | -12.0% |
| Taxes, remuneration and social security | 45 | €10,419 | €13,872 | +€3,454 | +33.2% |
| Taxes | 450/3 | €10,419 | €13,872 | +€3,454 | +33.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,806 | €71,274 | +€54,468 | +324% |
| Accrued charges and deferred income | 492/3 | €8,114 | €8,756 | +€642 | +7.9% |
| Non-recurring operating income | 76A | €0 | €7,430 | +€7,430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,489 | €62,039 | +€5,551 | +9.8% |
| Other operating charges | 640/8 | €5,066 | €8,223 | +€3,156 | +62.3% |
| Gross operating margin | 9900 | €178,597 | €171,380 | -€7,217 | -4.0% |
| Operating profit (loss) | 9901 | €117,042 | €101,118 | -€15,924 | -13.6% |
| Financial income | 75/76B | €864 | €866 | +€2 | +0.2% |
| Recurring financial income | 75 | €864 | €866 | +€2 | +0.2% |
| Financial charges | 65/66B | €28,140 | €30,315 | +€2,175 | +7.7% |
| Recurring financial charges | 65 | €28,140 | €30,315 | +€2,175 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €89,766 | €71,669 | -€18,097 | -20.2% |
| Income taxes | 67/77 | €23,299 | €19,495 | -€3,803 | -16.3% |
| Profit (loss) for the period | 9904 | €66,467 | €52,174 | -€14,293 | -21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,467 | €52,174 | -€14,293 | -21.5% |
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 19 October 2026 via checked.be.