STEVENS DIRK: 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 DIRK
Largest movements
- Current investments +€501,000
up €501,000, from €0 to €501,000
- Deferred charges and accrued income -€296,939
down €296,939 (-95.5%), from €310,879 to €13,940
- Cash -€144,224
down €144,224 (-48.1%), from €300,037 to €155,812
mainly Current investments (-€501,000) and Accrued charges and deferred income (-€17,298)
- Reserves +€65,025
up €65,025 (+10.7%), from €604,952 to €669,977
of which Distributable reserves: +€65,025
- Accrued charges and deferred income -€17,298
down €17,298 (-100.0%), from €17,298 to €0
- Gross operating margin -€22,106
down €22,106 (-21.3%), from €103,590 to €81,484
- Financial income +€16,399
up €16,399 (+381.3%), from €4,301 to €20,700
- Taxes -€1,853
down €1,853 (-5.8%), from €31,964 to €30,111
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €659,601 | €712,923 | +€53,322 | +8.1% |
| Fixed assets | 21/28 | €6,303 | €1,931 | -€4,372 | -69.4% |
| Tangible fixed assets | 22/27 | €6,303 | €1,931 | -€4,372 | -69.4% |
| Land and buildings | 22 | €666 | €532 | -€133 | -20.0% |
| Furniture and vehicles | 24 | €5,638 | €1,399 | -€4,239 | -75.2% |
| Current assets | 29/58 | €653,298 | €710,992 | +€57,694 | +8.8% |
| Stocks and contracts in progress | 3 | €2,500 | €4,700 | +€2,200 | +88.0% |
| Stocks | 30/36 | €2,500 | €4,700 | +€2,200 | +88.0% |
| Amounts receivable within one year | 40/41 | €39,882 | €35,539 | -€4,342 | -10.9% |
| Trade receivables | 40 | €24,323 | €32,559 | +€8,236 | +33.9% |
| Other amounts receivable | 41 | €15,559 | €2,981 | -€12,578 | -80.8% |
| Current investments | 50/53 | €0 | €501,000 | +€501,000 | |
| Cash at bank and in hand | 54/58 | €300,037 | €155,812 | -€144,224 | -48.1% |
| Deferred charges and accrued income | 490/1 | €310,879 | €13,940 | -€296,939 | -95.5% |
| Total equity and liabilities | 10/49 | €659,601 | €712,923 | +€53,322 | +8.1% |
| Equity | 10/15 | €624,045 | €688,577 | +€64,532 | +10.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €604,952 | €669,977 | +€65,025 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €604,952 | €669,977 | +€65,025 | +10.7% |
| Profit (loss) carried forward | 14 | €493 | €0 | -€493 | -100.0% |
| Amounts payable | 17/49 | €35,556 | €24,346 | -€11,209 | -31.5% |
| Amounts payable within one year | 42/48 | €18,258 | €24,346 | +€6,089 | +33.4% |
| Trade debts | 44 | €1,057 | €3,410 | +€2,353 | +222.6% |
| Suppliers | 440/4 | €1,057 | €3,410 | +€2,353 | +222.6% |
| Taxes, remuneration and social security | 45 | €865 | €4,432 | +€3,567 | +412.6% |
| Taxes | 450/3 | €865 | €4,432 | +€3,567 | +412.6% |
| Other amounts payable | 47/48 | €16,336 | €16,505 | +€169 | +1.0% |
| Accrued charges and deferred income | 492/3 | €17,298 | €0 | -€17,298 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,372 | €4,372 | = | 0.0% |
| Other operating charges | 640/8 | €2,389 | €1,360 | -€1,028 | -43.1% |
| Gross operating margin | 9900 | €103,590 | €81,484 | -€22,106 | -21.3% |
| Operating profit (loss) | 9901 | €96,829 | €75,752 | -€21,077 | -21.8% |
| Financial income | 75/76B | €4,301 | €20,700 | +€16,399 | +381.3% |
| Recurring financial income | 75 | €4,301 | €20,700 | +€16,399 | +381.3% |
| Financial charges | 65/66B | €2,733 | €1,809 | -€924 | -33.8% |
| Recurring financial charges | 65 | €2,733 | €1,809 | -€924 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €98,397 | €94,642 | -€3,754 | -3.8% |
| Income taxes | 67/77 | €31,964 | €30,111 | -€1,853 | -5.8% |
| Profit (loss) for the period | 9904 | €66,433 | €64,532 | -€1,901 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,433 | €64,532 | -€1,901 | -2.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.