Stevens & C°: what changed
Two fiscal 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.
What changed
Stevens & C°
NACE 46.832, Wholesale of timber
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €670,105+€412,093
Equity
€13.3m
2024 · €12.2m+€1.1m
Cash
€1.6m
2024 · €628,929+€932,809
Balance sheet total
€14.4m
2024 · €13.3m+€1.1m
Largest movements
Assets
- Cash +€932,809
up €932,809 (+148.3%), from €628,929 to €1.6m
mainly Net result for the year (+€1.1m) and Deferred charges and accrued income (+€93,286)
- Stocks and contracts +€377,066
up €377,066 (+6.8%), from €5.6m to €5.9m
Equity and liabilities
- Reserves +€1.1m
up €1.1m (+9.4%), from €11.5m to €12.6m
of which Distributable reserves: +€2.3m
Income statement
- Turnover +€1.1m
up €1.1m (+7.0%), from €16.2m to €17.4m
- Goods and materials +€373,330
up €373,330 (+2.7%), from €13.8m to €14.2m
of which Purchases: +€1.2m
- Taxes +€320,479
up €320,479 (+136.4%), from €235,010 to €555,489
of which Taxes: +€319,484
- Financial income +€212,462
up €212,462 (+111.6%), from €190,377 to €402,839
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.
Result 2024
€670,105
Turnover
+€1.1m
Other operating income
+€14,404
Goods and materials
-€373,330
Services and other goods
-€64,911
Staff costs
+€16,653
Depreciation
+€2,124
Write-downs
-€61,297
Other operating charges
-€53
Financial income
+€212,462
Financial charges
-€144,838
Taxes
-€320,479
Result 2025
€1.1m
Cash bridge derived
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.
From operations
+€926,213
Investment
+€5,057
Financing
+€1,539
Cash 2024
€628,929
From operations (derived)
+€926,213
Net result for the year
+€1.1m
Depreciation
+€60,023
Stocks and contracts
-€377,066
Receivables within one year
+€45,654
Deferred charges and accrued income
+€93,286
Trade debts
-€10,903
Tax, wage and social debts
+€39,454
Other debts
-€130
Accrued charges and deferred income
-€6,304
Investment (derived)
+€5,057
Investment in fixed assets (net)
-€13,620
Current investments
+€18,677
Financing
+€1,539
Short-term financial debts
+€1,540
Contributions, distributions and other
-€1
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,259,292 | €14,365,147 | +€1.1m | +8.3% |
| Fixed assets | 21/28 | €514,194 | €467,791 | -€46,403 | -9.0% |
| Tangible fixed assets | 22/27 | €513,069 | €466,666 | -€46,403 | -9.0% |
| Land and buildings | 22 | €363,512 | €349,189 | -€14,323 | -3.9% |
| Plant, machinery and equipment | 23 | €103,974 | €82,362 | -€21,612 | -20.8% |
| Furniture and vehicles | 24 | €45,583 | €35,116 | -€10,467 | -23.0% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,125 | €1,125 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €12,745,098 | €13,897,356 | +€1.2m | +9.0% |
| Stocks and contracts in progress | 3 | €5,554,491 | €5,931,557 | +€377,066 | +6.8% |
| Stocks | 30/36 | €5,554,491 | €5,931,557 | +€377,066 | +6.8% |
| Goods purchased for resale | 34 | €5,554,491 | €5,931,557 | +€377,066 | +6.8% |
| Amounts receivable within one year | 40/41 | €1,941,199 | €1,895,545 | -€45,654 | -2.4% |
| Trade receivables | 40 | €1,868,858 | €1,894,550 | +€25,692 | +1.4% |
| Other amounts receivable | 41 | €72,341 | €995 | -€71,346 | -98.6% |
| Current investments | 50/53 | €4,518,677 | €4,500,000 | -€18,677 | -0.4% |
| Other investments | 51/53 | €4,518,677 | €4,500,000 | -€18,677 | -0.4% |
| Cash at bank and in hand | 54/58 | €628,929 | €1,561,738 | +€932,809 | +148.3% |
| Deferred charges and accrued income | 490/1 | €101,802 | €8,516 | -€93,286 | -91.6% |
| Total equity and liabilities | 10/49 | €13,259,292 | €14,365,147 | +€1.1m | +8.3% |
| Equity | 10/15 | €12,246,442 | €13,328,640 | +€1.1m | +8.8% |
| Contributions | 10/11 | €743,681 | €743,681 | -€0 | 0.0% |
| Capital | 10 | €743,681 | €743,681 | -€0 | 0.0% |
| Issued capital | 100 | €743,681 | €743,681 | -€0 | 0.0% |
| Reserves | 13 | €11,501,793 | €12,584,959 | +€1.1m | +9.4% |
| Non-distributable reserves | 130/1 | €74,368 | €74,368 | +€0 | 0.0% |
| Legal reserve | 130 | €74,368 | €74,368 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €1,288,425 | €56,886 | -€1.2m | -95.6% |
| Distributable reserves | 133 | €10,139,000 | €12,453,705 | +€2.3m | +22.8% |
| Profit (loss) carried forward | 14 | €968 | €0 | -€968 | -100.0% |
| Amounts payable | 17/49 | €1,012,850 | €1,036,508 | +€23,658 | +2.3% |
| Amounts payable within one year | 42/48 | €1,003,146 | €1,033,108 | +€29,962 | +3.0% |
| Financial debts | 43 | - | €1,540 | +€1,540 | |
| Credit institutions | 430/8 | - | €1,540 | +€1,540 | |
| Trade debts | 44 | €174,404 | €163,501 | -€10,903 | -6.3% |
| Suppliers | 440/4 | €174,404 | €163,501 | -€10,903 | -6.3% |
| Taxes, remuneration and social security | 45 | €178,742 | €218,196 | +€39,454 | +22.1% |
| Taxes | 450/3 | €93,818 | €160,320 | +€66,502 | +70.9% |
| Remuneration and social security | 454/9 | €84,924 | €57,876 | -€27,048 | -31.9% |
| Other amounts payable | 47/48 | €650,000 | €649,870 | -€130 | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,704 | €3,400 | -€6,304 | -65.0% |
| Operating income | 70/76A | €16,326,641 | €17,472,403 | +€1.1m | +7.0% |
| Turnover | 70 | €16,229,845 | €17,361,203 | +€1.1m | +7.0% |
| Other operating income | 74 | €96,796 | €111,200 | +€14,404 | +14.9% |
| Operating charges | 60/66A | €15,584,212 | €16,065,025 | +€480,813 | +3.1% |
| Goods for resale, raw materials and consumables | 60 | €13,823,611 | €14,196,941 | +€373,330 | +2.7% |
| Purchases | 600/8 | €13,379,917 | €14,621,801 | +€1.2m | +9.3% |
| Change in stocks: decrease (increase) | 609 | €443,694 | -€424,860 | -€868,554 | |
| Services and other goods | 61 | €1,139,797 | €1,204,708 | +€64,911 | +5.7% |
| Remuneration, social security and pensions | 62 | €555,414 | €538,761 | -€16,653 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,147 | €60,023 | -€2,124 | -3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,503 | €47,794 | +€61,297 | |
| Other operating charges | 640/8 | €16,746 | €16,799 | +€53 | +0.3% |
| Operating profit (loss) | 9901 | €742,429 | €1,407,378 | +€664,949 | +89.6% |
| Financial income | 75/76B | €190,377 | €402,839 | +€212,462 | +111.6% |
| Recurring financial income | 75 | €190,377 | €402,839 | +€212,462 | +111.6% |
| Income from current assets | 751 | €190,017 | €86,133 | -€103,884 | -54.7% |
| Other financial income | 752/9 | €360 | €316,705 | +€316,345 | +87873.7% |
| Financial charges | 65/66B | €27,691 | €172,529 | +€144,838 | +523.1% |
| Recurring financial charges | 65 | €27,691 | €172,529 | +€144,838 | +523.1% |
| Debt charges | 650 | €21,424 | €17,460 | -€3,964 | -18.5% |
| Other financial charges | 652/9 | €6,267 | €155,069 | +€148,802 | +2374.4% |
| Profit (loss) for the period before taxes | 9903 | €905,115 | €1,637,687 | +€732,572 | +80.9% |
| Income taxes | 67/77 | €235,010 | €555,489 | +€320,479 | +136.4% |
| Taxes | 670/3 | €236,005 | €555,489 | +€319,484 | +135.4% |
| Tax adjustments and reversals of tax provisions | 77 | €995 | - | -€995 | |
| Profit (loss) for the period | 9904 | €670,105 | €1,082,198 | +€412,093 | +61.5% |
| Transfer from tax-exempt reserves | 789 | €86,455 | €1,176,545 | +€1.1m | +1260.9% |
| Profit (loss) for the period to be appropriated | 9905 | €756,560 | €2,258,743 | +€1.5m | +198.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.