STEVENS GENERAL ELECTRIC: 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 GENERAL ELECTRIC"
Largest movements
- Receivables within one year +€5,074
up €5,074 (+128%), from €3,965 to €9,039
of which Trade receivables: +€5,326
- Cash -€1,985
down €1,985 (-16.1%), from €12,312 to €10,327
mainly Receivables within one year (-€5,074) and Trade debts (-€2,613)
- Tangible fixed assets +€1,220
new in 2025: €1,220
- Deferred charges and accrued income +€266
up €266 (+9.0%), from €2,966 to €3,232
- Profit (loss) carried forward +€8,584
up €8,584, from -€3,174 to €5,410
- Trade debts -€2,613
down €2,613 (-92.1%), from €2,836 to €223
- Tax, wage and social debts -€837
down €837 (-55.8%), from €1,500 to €663
- Other debts -€560
down €560 (-8.5%), from €6,572 to €6,012
- Gross operating margin +€18,933
up €18,933, from -€8,731 to €10,202
- Write-downs -€3,404
no longer reported in 2025 (was €3,404)
- Depreciation +€979
new in 2025: €979
- Financial charges -€162
down €162 (-54.2%), from €300 to €137
- Other operating charges +€132
up €132 (+25.6%), from €515 to €647
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 | €19,243 | €23,818 | +€4,574 | +23.8% |
| Fixed assets | 21/28 | - | €1,220 | +€1,220 | |
| Tangible fixed assets | 22/27 | - | €1,220 | +€1,220 | |
| Furniture and vehicles | 24 | - | €1,220 | +€1,220 | |
| Current assets | 29/58 | €19,243 | €22,598 | +€3,355 | +17.4% |
| Amounts receivable within one year | 40/41 | €3,965 | €9,039 | +€5,074 | +128% |
| Trade receivables | 40 | €3,679 | €9,005 | +€5,326 | +145% |
| Other amounts receivable | 41 | €286 | €34 | -€252 | -88.2% |
| Cash at bank and in hand | 54/58 | €12,312 | €10,327 | -€1,985 | -16.1% |
| Deferred charges and accrued income | 490/1 | €2,966 | €3,232 | +€266 | +9.0% |
| Total equity and liabilities | 10/49 | €19,243 | €23,818 | +€4,574 | +23.8% |
| Equity | 10/15 | €6,586 | €15,170 | +€8,584 | +130% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,560 | €3,560 | = | 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% |
| Distributable reserves | 133 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,174 | €5,410 | +€8,584 | |
| Amounts payable | 17/49 | €12,658 | €8,648 | -€4,010 | -31.7% |
| Amounts payable within one year | 42/48 | €10,908 | €6,898 | -€4,010 | -36.8% |
| Trade debts | 44 | €2,836 | €223 | -€2,613 | -92.1% |
| Suppliers | 440/4 | €2,836 | €223 | -€2,613 | -92.1% |
| Taxes, remuneration and social security | 45 | €1,500 | €663 | -€837 | -55.8% |
| Taxes | 450/3 | €1,500 | €663 | -€837 | -55.8% |
| Other amounts payable | 47/48 | €6,572 | €6,012 | -€560 | -8.5% |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €979 | +€979 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,404 | - | -€3,404 | |
| Other operating charges | 640/8 | €515 | €647 | +€132 | +25.6% |
| Gross operating margin | 9900 | -€8,731 | €10,202 | +€18,933 | |
| Operating profit (loss) | 9901 | -€12,650 | €8,576 | +€21,226 | |
| Financial income | 75/76B | €138 | €125 | -€13 | -9.6% |
| Recurring financial income | 75 | €138 | €125 | -€13 | -9.6% |
| Financial charges | 65/66B | €300 | €137 | -€162 | -54.2% |
| Recurring financial charges | 65 | €300 | €137 | -€162 | -54.2% |
| Profit (loss) for the period before taxes | 9903 | -€12,812 | €8,564 | +€21,376 | |
| Income taxes | 67/77 | €28 | -€20 | -€48 | |
| Profit (loss) for the period | 9904 | -€12,840 | €8,584 | +€21,424 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,840 | €8,584 | +€21,424 |
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 29 October 2026 via checked.be.