STEVENS-CLAEYS: what changed
STEVENS-CLAEYS
Largest movements
- Receivables within one year -€38,966
down €38,966 (-6.4%), from €612,615 to €573,649
of which Trade receivables: -€548,213
- Tangible fixed assets -€10,872
down €10,872 (-6.4%), from €168,872 to €158,000
- Other debts -€81,574
down €81,574 (-24.1%), from €338,674 to €257,100
- Reserves +€38,449
up €38,449 (+11.8%), from €325,718 to €364,167
- Debts after one year -€17,200
down €17,200 (-35.3%), from €48,732 to €31,532
- Trade debts +€8,094
up €8,094 (+99.0%), from €8,177 to €16,271
- Gross operating margin +€10,068
up €10,068 (+16.0%), from €62,738 to €72,806
- Taxes +€3,884
up €3,884 (+33.1%), from €11,751 to €15,635
- Financial charges +€764
up €764 (+46.4%), from €1,646 to €2,410
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €782,244 | €733,074 | -€49,170 | -6.3% |
| Fixed assets | 21/28 | €169,122 | €158,250 | -€10,872 | -6.4% |
| Tangible fixed assets | 22/27 | €168,872 | €158,000 | -€10,872 | -6.4% |
| Land and buildings | 22 | €168,872 | €158,000 | -€10,872 | -6.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €613,122 | €574,824 | -€38,298 | -6.2% |
| Amounts receivable within one year | 40/41 | €612,615 | €573,649 | -€38,966 | -6.4% |
| Trade receivables | 40 | €548,213 | - | -€548,213 | |
| Other amounts receivable | 41 | €64,402 | €573,649 | +€509,247 | +791% |
| Cash at bank and in hand | 54/58 | €507 | €1,175 | +€668 | +132% |
| Total equity and liabilities | 10/49 | €782,244 | €733,074 | -€49,170 | -6.3% |
| Equity | 10/15 | €356,705 | €395,154 | +€38,449 | +10.8% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €325,718 | €364,167 | +€38,449 | +11.8% |
| Distributable reserves | 133 | €325,718 | €364,167 | +€38,449 | +11.8% |
| Amounts payable | 17/49 | €425,539 | €337,921 | -€87,618 | -20.6% |
| Amounts payable after more than one year | 17 | €48,732 | €31,532 | -€17,200 | -35.3% |
| Financial debts | 170/4 | €48,732 | €31,532 | -€17,200 | -35.3% |
| Amounts payable within one year | 42/48 | €376,807 | €306,388 | -€70,418 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €17,200 | €17,200 | = | 0.0% |
| Trade debts | 44 | €8,177 | €16,271 | +€8,094 | +99.0% |
| Suppliers | 440/4 | €8,177 | €16,271 | +€8,094 | +99.0% |
| Taxes, remuneration and social security | 45 | €12,756 | €15,818 | +€3,062 | +24.0% |
| Taxes | 450/3 | €12,756 | €15,818 | +€3,062 | +24.0% |
| Other amounts payable | 47/48 | €338,674 | €257,100 | -€81,574 | -24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,872 | €10,872 | = | 0.0% |
| Other operating charges | 640/8 | €5,784 | €5,961 | +€178 | +3.1% |
| Gross operating margin | 9900 | €62,738 | €72,806 | +€10,068 | +16.0% |
| Operating profit (loss) | 9901 | €46,083 | €55,973 | +€9,891 | +21.5% |
| Financial income | 75/76B | - | €521 | +€521 | |
| Recurring financial income | 75 | - | €521 | +€521 | |
| Financial charges | 65/66B | €1,646 | €2,410 | +€764 | +46.4% |
| Recurring financial charges | 65 | €1,646 | €2,410 | +€764 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €44,436 | €54,084 | +€9,648 | +21.7% |
| Income taxes | 67/77 | €11,751 | €15,635 | +€3,884 | +33.1% |
| Profit (loss) for the period | 9904 | €32,686 | €38,449 | +€5,763 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,686 | €38,449 | +€5,763 | +17.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.