Steven 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 Services
Largest movements
- Tangible fixed assets -€6,172
down €6,172 (-41.8%), from €14,753 to €8,580
of which Leasing and similar rights: -€4,667
- Receivables within one year +€2,247
up €2,247 (+27.6%), from €8,146 to €10,393
of which Trade receivables: +€3,109
- Cash -€2,076
down €2,076 (-67.2%), from €3,087 to €1,012
mainly Net result for the year (-€6,738) and Debts after one year (-€5,362)
- Other debts +€8,314
up €8,314 (+3,621%), from €230 to €8,543
- Reserves -€6,738
down €6,738 (-46.6%), from €14,451 to €7,713
- Debts after one year -€5,362
down €5,362 (-58.4%), from €9,180 to €3,818
- Tax, wage and social debts -€2,582
no longer reported in 2025 (was €2,582)
- Trade debts +€1,888
up €1,888 (+56.5%), from €3,339 to €5,228
- Gross operating margin +€2,132
up €2,132, from -€1,539 to €594
- Depreciation +€1,000
up €1,000 (+19.3%), from €5,173 to €6,172
- Financial income -€373
down €373 (-92.5%), from €403 to €30
- Financial charges -€47
down €47 (-5.9%), from €794 to €747
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 | €37,107 | €30,760 | -€6,348 | -17.1% |
| Fixed assets | 21/28 | €14,753 | €8,580 | -€6,172 | -41.8% |
| Tangible fixed assets | 22/27 | €14,753 | €8,580 | -€6,172 | -41.8% |
| Plant, machinery and equipment | 23 | €6,979 | €5,473 | -€1,505 | -21.6% |
| Leasing and similar rights | 25 | €7,774 | €3,107 | -€4,667 | -60.0% |
| Current assets | 29/58 | €22,355 | €22,179 | -€175 | -0.8% |
| Stocks and contracts in progress | 3 | €10,219 | €10,107 | -€112 | -1.1% |
| Stocks | 30/36 | €10,219 | €10,107 | -€112 | -1.1% |
| Amounts receivable within one year | 40/41 | €8,146 | €10,393 | +€2,247 | +27.6% |
| Trade receivables | 40 | €3,219 | €6,328 | +€3,109 | +96.6% |
| Other amounts receivable | 41 | €4,927 | €4,065 | -€862 | -17.5% |
| Cash at bank and in hand | 54/58 | €3,087 | €1,012 | -€2,076 | -67.2% |
| Deferred charges and accrued income | 490/1 | €902 | €667 | -€235 | -26.0% |
| Total equity and liabilities | 10/49 | €37,107 | €30,760 | -€6,348 | -17.1% |
| Equity | 10/15 | €14,951 | €8,213 | -€6,738 | -45.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €14,451 | €7,713 | -€6,738 | -46.6% |
| Distributable reserves | 133 | €14,451 | €7,713 | -€6,738 | -46.6% |
| Amounts payable | 17/49 | €22,157 | €22,546 | +€390 | +1.8% |
| Amounts payable after more than one year | 17 | €9,180 | €3,818 | -€5,362 | -58.4% |
| Financial debts | 170/4 | €9,180 | €3,818 | -€5,362 | -58.4% |
| Amounts payable within one year | 42/48 | €12,977 | €18,728 | +€5,751 | +44.3% |
| Current portion of amounts payable after more than one year | 42 | €6,826 | €4,957 | -€1,869 | -27.4% |
| Trade debts | 44 | €3,339 | €5,228 | +€1,888 | +56.5% |
| Suppliers | 440/4 | €3,339 | €5,228 | +€1,888 | +56.5% |
| Taxes, remuneration and social security | 45 | €2,582 | - | -€2,582 | |
| Remuneration and social security | 454/9 | €2,582 | - | -€2,582 | |
| Other amounts payable | 47/48 | €230 | €8,543 | +€8,314 | +3,621% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,173 | €6,172 | +€1,000 | +19.3% |
| Other operating charges | 640/8 | €431 | €442 | +€11 | +2.6% |
| Gross operating margin | 9900 | -€1,539 | €594 | +€2,132 | |
| Operating profit (loss) | 9901 | -€7,142 | -€6,020 | +€1,122 | +15.7% |
| Financial income | 75/76B | €403 | €30 | -€373 | -92.5% |
| Recurring financial income | 75 | €403 | €30 | -€373 | -92.5% |
| Financial charges | 65/66B | €794 | €747 | -€47 | -5.9% |
| Recurring financial charges | 65 | €794 | €747 | -€47 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,533 | -€6,738 | +€796 | +10.6% |
| Profit (loss) for the period | 9904 | -€7,533 | -€6,738 | +€796 | +10.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,533 | -€6,738 | +€796 | +10.6% |
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 15 October 2026 via checked.be.