STEVENS: 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.
STEVENS
Largest movements
- Tangible fixed assets -€26,473
down €26,473 (-5.1%), from €519,564 to €493,091
- Cash +€14,062
up €14,062 (+5.5%), from €257,645 to €271,707
mainly Net result for the year (+€52,842) and Depreciation (+€26,473)
- Provisions -€69,406
no longer reported in 2024 (was €69,406)
- Reserves +€52,842
up €52,842 (+7.8%), from €676,616 to €729,459
of which Distributable reserves: +€323,662
- Gross operating margin +€9,258
up €9,258 (+132.4%), from €6,990 to €16,248
- Purchases and services -€7,446
down €7,446 (-51.7%), from €14,394 to €6,948
- Other operating charges +€3,956
up €3,956 (+181.2%), from €2,184 to €6,140
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €781,956 | €765,828 | -€16,128 | -2.1% |
| Fixed assets | 21/28 | €519,564 | €493,091 | -€26,473 | -5.1% |
| Tangible fixed assets | 22/27 | €519,564 | €493,091 | -€26,473 | -5.1% |
| Land and buildings | 22 | €519,564 | €493,091 | -€26,473 | -5.1% |
| Current assets | 29/58 | €262,392 | €272,737 | +€10,345 | +3.9% |
| Amounts receivable within one year | 40/41 | €3,849 | - | -€3,849 | |
| Other amounts receivable | 41 | €3,849 | - | -€3,849 | |
| Cash at bank and in hand | 54/58 | €257,645 | €271,707 | +€14,062 | +5.5% |
| Deferred charges and accrued income | 490/1 | €898 | €1,030 | +€131 | +14.6% |
| Total equity and liabilities | 10/49 | €781,956 | €765,828 | -€16,128 | -2.1% |
| Equity | 10/15 | €695,208 | €748,051 | +€52,842 | +7.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €676,616 | €729,459 | +€52,842 | +7.8% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €270,820 | €0 | -€270,820 | -100.0% |
| Distributable reserves | 133 | €403,937 | €727,599 | +€323,662 | +80.1% |
| Provisions and deferred taxes | 16 | €69,406 | - | -€69,406 | |
| Deferred taxes | 168 | €69,406 | - | -€69,406 | |
| Amounts payable | 17/49 | €17,342 | €17,778 | +€436 | +2.5% |
| Amounts payable within one year | 42/48 | €17,342 | €17,778 | +€436 | +2.5% |
| Trade debts | 44 | €53 | €186 | +€133 | +251.4% |
| Suppliers | 440/4 | €53 | €186 | +€133 | +251.4% |
| Taxes, remuneration and social security | 45 | €249 | - | -€249 | |
| Taxes | 450/3 | €249 | - | -€249 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €17,040 | €17,592 | +€552 | +3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,394 | €6,948 | -€7,446 | -51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,473 | €26,473 | = | 0.0% |
| Other operating charges | 640/8 | €2,184 | €6,140 | +€3,956 | +181.2% |
| Gross operating margin | 9900 | €6,990 | €16,248 | +€9,258 | +132.4% |
| Operating profit (loss) | 9901 | -€21,667 | -€16,365 | +€5,302 | +24.5% |
| Financial charges | 65/66B | €207 | €199 | -€8 | -3.9% |
| Recurring financial charges | 65 | €207 | €199 | -€8 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,874 | -€16,564 | +€5,310 | +24.3% |
| Transfer from deferred taxes | 780 | €3,706 | €69,406 | +€65,700 | +1772.6% |
| Profit (loss) for the period | 9904 | -€18,167 | €52,842 | +€71,009 | |
| Transfer from tax-exempt reserves | 789 | €14,462 | €270,820 | +€256,358 | +1772.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,705 | €323,662 | +€327,367 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.