Stevens Projecten: 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.
Stevens Projecten
Largest movements
- Tangible fixed assets -€11,949
down €11,949 (-33.0%), from €36,165 to €24,216
- Stocks and contracts +€10,916
up €10,916 (+7.2%), from €151,437 to €162,352
- Cash +€1,996
up €1,996 (+25.5%), from €7,836 to €9,832
mainly Other debts (+€119,218) and Depreciation (+€11,949)
- Other debts +€119,218
up €119,218 (+269.1%), from €44,298 to €163,516
- Debts after one year -€87,578
down €87,578 (-89.8%), from €97,554 to €9,976
- Profit (loss) carried forward -€30,112
down €30,112 (-2381.0%), from -€1,265 to -€31,376
- Gross operating margin -€44,130
down €44,130, from €34,995 to -€9,135
- Depreciation +€2,080
up €2,080 (+21.1%), from €9,869 to €11,949
- Financial charges -€1,773
down €1,773 (-18.5%), from €9,604 to €7,830
- Other operating charges +€630
up €630 (+145.9%), from €432 to €1,063
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 | €195,625 | €196,634 | +€1,009 | +0.5% |
| Fixed assets | 21/28 | €36,165 | €24,216 | -€11,949 | -33.0% |
| Tangible fixed assets | 22/27 | €36,165 | €24,216 | -€11,949 | -33.0% |
| Furniture and vehicles | 24 | €36,165 | €24,216 | -€11,949 | -33.0% |
| Current assets | 29/58 | €159,460 | €172,419 | +€12,958 | +8.1% |
| Stocks and contracts in progress | 3 | €151,437 | €162,352 | +€10,916 | +7.2% |
| Stocks | 30/36 | €151,437 | €162,352 | +€10,916 | +7.2% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,836 | €9,832 | +€1,996 | +25.5% |
| Deferred charges and accrued income | 490/1 | €187 | €234 | +€47 | +25.0% |
| Total equity and liabilities | 10/49 | €195,625 | €196,634 | +€1,009 | +0.5% |
| Equity | 10/15 | €43,735 | €13,624 | -€30,112 | -68.8% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,265 | -€31,376 | -€30,112 | -2381.0% |
| Amounts payable | 17/49 | €151,890 | €183,011 | +€31,121 | +20.5% |
| Amounts payable after more than one year | 17 | €97,554 | €9,976 | -€87,578 | -89.8% |
| Financial debts | 170/4 | €97,554 | €9,976 | -€87,578 | -89.8% |
| Amounts payable within one year | 42/48 | €54,336 | €173,035 | +€118,699 | +218.5% |
| Current portion of amounts payable after more than one year | 42 | €7,237 | €7,578 | +€341 | +4.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,633 | €756 | -€876 | -53.7% |
| Suppliers | 440/4 | €1,633 | €756 | -€876 | -53.7% |
| Taxes, remuneration and social security | 45 | €1,169 | €1,185 | +€16 | +1.4% |
| Taxes | 450/3 | €1,169 | €1,185 | +€16 | +1.4% |
| Other amounts payable | 47/48 | €44,298 | €163,516 | +€119,218 | +269.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,869 | €11,949 | +€2,080 | +21.1% |
| Other operating charges | 640/8 | €432 | €1,063 | +€630 | +145.9% |
| Gross operating margin | 9900 | €34,995 | -€9,135 | -€44,130 | |
| Operating profit (loss) | 9901 | €24,694 | -€22,147 | -€46,840 | |
| Financial charges | 65/66B | €9,604 | €7,830 | -€1,773 | -18.5% |
| Recurring financial charges | 65 | €9,604 | €7,830 | -€1,773 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €15,090 | -€29,977 | -€45,067 | |
| Income taxes | 67/77 | €201 | €134 | -€67 | -33.1% |
| Profit (loss) for the period | 9904 | €14,889 | -€30,112 | -€45,001 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,889 | -€30,112 | -€45,001 |
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.