STEVENART.DEV: 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.
STEVENART.DEV
Largest movements
- Cash +€29,532
up €29,532 (+230%), from €12,819 to €42,350
mainly Net result for the year (+€24,954) and Other debts (+€7,867)
- Receivables within one year +€7,262
up €7,262 (+30.3%), from €23,947 to €31,209
of which Trade receivables: +€6,557
- Tangible fixed assets -€5,109
down €5,109 (-40.5%), from €12,609 to €7,501
- Deferred charges and accrued income -€2,125
down €2,125 (-71.8%), from €2,958 to €833
- Profit (loss) carried forward +€24,954
up €24,954 (+283%), from €8,820 to €33,774
- Other debts +€7,867
up €7,867 (+328%), from €2,402 to €10,269
- Debts after one year -€3,185
down €3,185 (-65.8%), from €4,837 to €1,652
- Current portion of long-term debt -€1,523
down €1,523 (-32.4%), from €4,708 to €3,185
- Provisions +€1,090
up €1,090 (+3.8%), from €28,739 to €29,829
- Provisions -€27,649
down €27,649 (-96.2%), from €28,739 to €1,090
- Financial charges +€26,285
up €26,285 (+515%), from €5,106 to €31,391
- Gross operating margin +€12,376
up €12,376 (+21.8%), from €56,786 to €69,162
- Depreciation +€2,392
up €2,392 (+88.0%), from €2,717 to €5,109
- Taxes -€2,251
down €2,251 (-21.3%), from €10,546 to €8,294
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 | €52,332 | €81,893 | +€29,561 | +56.5% |
| Fixed assets | 21/28 | €12,609 | €7,501 | -€5,109 | -40.5% |
| Tangible fixed assets | 22/27 | €12,609 | €7,501 | -€5,109 | -40.5% |
| Furniture and vehicles | 24 | €12,609 | €7,501 | -€5,109 | -40.5% |
| Current assets | 29/58 | €39,723 | €74,392 | +€34,669 | +87.3% |
| Amounts receivable within one year | 40/41 | €23,947 | €31,209 | +€7,262 | +30.3% |
| Trade receivables | 40 | €20,352 | €26,909 | +€6,557 | +32.2% |
| Other amounts receivable | 41 | €3,594 | €4,300 | +€706 | +19.6% |
| Cash at bank and in hand | 54/58 | €12,819 | €42,350 | +€29,532 | +230% |
| Deferred charges and accrued income | 490/1 | €2,958 | €833 | -€2,125 | -71.8% |
| Total equity and liabilities | 10/49 | €52,332 | €81,893 | +€29,561 | +56.5% |
| Equity | 10/15 | €9,820 | €34,774 | +€24,954 | +254% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,820 | €33,774 | +€24,954 | +283% |
| Provisions and deferred taxes | 16 | €28,739 | €29,829 | +€1,090 | +3.8% |
| Provisions for liabilities and charges | 160/5 | €28,739 | €29,829 | +€1,090 | +3.8% |
| Other liabilities and charges | 164/5 | €28,739 | €29,829 | +€1,090 | +3.8% |
| Amounts payable | 17/49 | €13,773 | €17,290 | +€3,517 | +25.5% |
| Amounts payable after more than one year | 17 | €4,837 | €1,652 | -€3,185 | -65.8% |
| Financial debts | 170/4 | €4,837 | €1,652 | -€3,185 | -65.8% |
| Amounts payable within one year | 42/48 | €8,937 | €15,638 | +€6,702 | +75.0% |
| Current portion of amounts payable after more than one year | 42 | €4,708 | €3,185 | -€1,523 | -32.4% |
| Taxes, remuneration and social security | 45 | €1,827 | €2,185 | +€358 | +19.6% |
| Taxes | 450/3 | €1,827 | €2,185 | +€358 | +19.6% |
| Other amounts payable | 47/48 | €2,402 | €10,269 | +€7,867 | +328% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,717 | €5,109 | +€2,392 | +88.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €28,739 | €1,090 | -€27,649 | -96.2% |
| Gross operating margin | 9900 | €56,786 | €69,162 | +€12,376 | +21.8% |
| Operating profit (loss) | 9901 | €25,330 | €62,963 | +€37,633 | +149% |
| Financial income | 75/76B | - | €1,676 | +€1,676 | |
| Recurring financial income | 75 | - | €1,676 | +€1,676 | |
| Financial charges | 65/66B | €5,106 | €31,391 | +€26,285 | +515% |
| Recurring financial charges | 65 | €5,106 | €31,391 | +€26,285 | +515% |
| Profit (loss) for the period before taxes | 9903 | €20,225 | €33,248 | +€13,023 | +64.4% |
| Income taxes | 67/77 | €10,546 | €8,294 | -€2,251 | -21.3% |
| Profit (loss) for the period | 9904 | €9,679 | €24,954 | +€15,275 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €9,679 | €24,954 | +€15,275 | +158% |
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 14 October 2026 via checked.be.