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
- Current investments +€30,873
up €30,873 (+1,762%), from €1,752 to €32,625
- Tangible fixed assets -€12,219
down €12,219 (-27.5%), from €44,455 to €32,235
- Cash -€11,368
down €11,368 (-46.5%), from €24,461 to €13,093
mainly Current investments (-€30,873) and Deferred charges and accrued income (-€341)
- Profit (loss) carried forward +€5,161
up €5,161 (+94.4%), from -€5,465 to -€304
- Other debts +€1,704
up €1,704 (+2.9%), from €58,564 to €60,268
- Trade debts +€1,013
up €1,013 (+497%), from €204 to €1,217
- Gross operating margin +€14,687
up €14,687 (+480%), from €3,060 to €17,747
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 | €73,763 | €81,641 | +€7,878 | +10.7% |
| Fixed assets | 21/28 | €44,567 | €32,347 | -€12,219 | -27.4% |
| Tangible fixed assets | 22/27 | €44,455 | €32,235 | -€12,219 | -27.5% |
| Furniture and vehicles | 24 | €44,455 | €32,235 | -€12,219 | -27.5% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €29,196 | €49,294 | +€20,098 | +68.8% |
| Amounts receivable within one year | 40/41 | €2,510 | €2,761 | +€251 | +10.0% |
| Trade receivables | 40 | €2,047 | €1,232 | -€816 | -39.8% |
| Other amounts receivable | 41 | €463 | €1,529 | +€1,067 | +231% |
| Current investments | 50/53 | €1,752 | €32,625 | +€30,873 | +1,762% |
| Cash at bank and in hand | 54/58 | €24,461 | €13,093 | -€11,368 | -46.5% |
| Deferred charges and accrued income | 490/1 | €473 | €814 | +€341 | +72.0% |
| Total equity and liabilities | 10/49 | €73,763 | €81,641 | +€7,878 | +10.7% |
| Equity | 10/15 | €14,995 | €20,156 | +€5,161 | +34.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,465 | -€304 | +€5,161 | +94.4% |
| Amounts payable | 17/49 | €58,768 | €61,485 | +€2,718 | +4.6% |
| Amounts payable within one year | 42/48 | €58,768 | €61,485 | +€2,718 | +4.6% |
| Trade debts | 44 | €204 | €1,217 | +€1,013 | +497% |
| Suppliers | 440/4 | €204 | €1,217 | +€1,013 | +497% |
| Other amounts payable | 47/48 | €58,564 | €60,268 | +€1,704 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,219 | €12,219 | -€0 | 0.0% |
| Other operating charges | 640/8 | €285 | €307 | +€22 | +7.5% |
| Gross operating margin | 9900 | €3,060 | €17,747 | +€14,687 | +480% |
| Operating profit (loss) | 9901 | -€9,445 | €5,221 | +€14,665 | |
| Financial income | 75/76B | €10 | €42 | +€32 | +317% |
| Recurring financial income | 75 | €10 | €42 | +€32 | +317% |
| Financial charges | 65/66B | €44 | €103 | +€59 | +136% |
| Recurring financial charges | 65 | €44 | €103 | +€59 | +136% |
| Profit (loss) for the period before taxes | 9903 | -€9,478 | €5,161 | +€14,639 | |
| Income taxes | 67/77 | €53 | - | -€53 | |
| Profit (loss) for the period | 9904 | -€9,531 | €5,161 | +€14,692 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,531 | €5,161 | +€14,692 |
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 16 October 2026 via checked.be.