STEVENS MARKET: 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 MARKET
Largest movements
- Tangible fixed assets -€24,717
down €24,717 (-9.0%), from €275,054 to €250,337
of which Land and buildings: -€35,449
- Cash -€24,600
down €24,600 (-76.7%), from €32,059 to €7,459
mainly Debts after one year (-€70,000) and Investment in fixed assets (net) (-€11,915)
- Debts after one year -€70,000
down €70,000 (-29.2%), from €240,000 to €170,000
- Profit (loss) carried forward +€22,071
up €22,071 (+22.4%), from -€98,669 to -€76,598
- Gross operating margin +€6,121
up €6,121 (+10.1%), from €60,807 to €66,928
- Depreciation -€2,309
down €2,309 (-5.9%), from €38,941 to €36,632
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 | €308,354 | €259,628 | -€48,726 | -15.8% |
| Fixed assets | 21/28 | €275,054 | €250,337 | -€24,717 | -9.0% |
| Tangible fixed assets | 22/27 | €275,054 | €250,337 | -€24,717 | -9.0% |
| Land and buildings | 22 | €273,299 | €237,850 | -€35,449 | -13.0% |
| Plant, machinery and equipment | 23 | €433 | €11,684 | +€11,251 | +2,601% |
| Furniture and vehicles | 24 | €1,322 | €803 | -€519 | -39.3% |
| Current assets | 29/58 | €33,300 | €9,291 | -€24,009 | -72.1% |
| Amounts receivable within one year | 40/41 | €299 | - | -€299 | |
| Other amounts receivable | 41 | €299 | - | -€299 | |
| Cash at bank and in hand | 54/58 | €32,059 | €7,459 | -€24,600 | -76.7% |
| Deferred charges and accrued income | 490/1 | €941 | €1,832 | +€891 | +94.6% |
| Total equity and liabilities | 10/49 | €308,354 | €259,628 | -€48,726 | -15.8% |
| Equity | 10/15 | €66,331 | €88,402 | +€22,071 | +33.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,669 | -€76,598 | +€22,071 | +22.4% |
| Amounts payable | 17/49 | €242,023 | €171,226 | -€70,797 | -29.3% |
| Amounts payable after more than one year | 17 | €240,000 | €170,000 | -€70,000 | -29.2% |
| Financial debts | 170/4 | €240,000 | €170,000 | -€70,000 | -29.2% |
| Amounts payable within one year | 42/48 | €2,023 | €1,226 | -€797 | -39.4% |
| Trade debts | 44 | €134 | €539 | +€405 | +302% |
| Suppliers | 440/4 | €134 | €539 | +€405 | +302% |
| Other amounts payable | 47/48 | €1,889 | €687 | -€1,202 | -63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,941 | €36,632 | -€2,309 | -5.9% |
| Other operating charges | 640/8 | €7,783 | €8,152 | +€369 | +4.7% |
| Gross operating margin | 9900 | €60,807 | €66,928 | +€6,121 | +10.1% |
| Operating profit (loss) | 9901 | €14,083 | €22,144 | +€8,061 | +57.2% |
| Financial income | 75/76B | €9 | - | -€9 | |
| Recurring financial income | 75 | €9 | - | -€9 | |
| Financial charges | 65/66B | €481 | €73 | -€408 | -84.8% |
| Recurring financial charges | 65 | €481 | €73 | -€408 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €13,612 | €22,071 | +€8,459 | +62.1% |
| Profit (loss) for the period | 9904 | €13,612 | €22,071 | +€8,459 | +62.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,612 | €22,071 | +€8,459 | +62.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.