STEVENSDOTTIR: 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.
STEVENSDOTTIR
Largest movements
- Receivables within one year +€28,827
up €28,827 (+163%), from €17,736 to €46,563
of which Trade receivables: +€28,827
- Tangible fixed assets -€9,498
down €9,498 (-20.7%), from €45,827 to €36,329
- Cash -€4,080
down €4,080 (-71.9%), from €5,678 to €1,598
mainly Receivables within one year (-€28,827) and Debts after one year (-€14,272)
- Deferred charges and accrued income -€2,039
down €2,039 (-41.0%), from €4,971 to €2,932
- Profit (loss) carried forward +€28,964
up €28,964 (+146%), from €19,792 to €48,756
- Debts after one year -€14,272
down €14,272 (-66.9%), from €21,323 to €7,051
- Tax, wage and social debts -€2,104
down €2,104 (-17.5%), from €11,990 to €9,886
of which Remuneration and social security: -€1,184
- Trade debts +€1,566
up €1,566 (+54.1%), from €2,892 to €4,458
- Other debts -€1,284
no longer reported in 2025 (was €1,284)
- Gross operating margin +€34,476
up €34,476 (+259%), from €13,333 to €47,809
- Depreciation +€7,837
up €7,837 (+472%), from €1,661 to €9,498
- Other operating charges -€7,123
down €7,123 (-93.2%), from €7,643 to €520
- Taxes +€5,739
up €5,739 (+287%), from €1,997 to €7,736
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 | €74,212 | €87,422 | +€13,210 | +17.8% |
| Fixed assets | 21/28 | €45,827 | €36,329 | -€9,498 | -20.7% |
| Tangible fixed assets | 22/27 | €45,827 | €36,329 | -€9,498 | -20.7% |
| Furniture and vehicles | 24 | €45,827 | €36,329 | -€9,498 | -20.7% |
| Current assets | 29/58 | €28,385 | €51,093 | +€22,708 | +80.0% |
| Amounts receivable within one year | 40/41 | €17,736 | €46,563 | +€28,827 | +163% |
| Trade receivables | 40 | €14,733 | €43,560 | +€28,827 | +196% |
| Other amounts receivable | 41 | €3,003 | €3,003 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,678 | €1,598 | -€4,080 | -71.9% |
| Deferred charges and accrued income | 490/1 | €4,971 | €2,932 | -€2,039 | -41.0% |
| Total equity and liabilities | 10/49 | €74,212 | €87,422 | +€13,210 | +17.8% |
| Equity | 10/15 | €22,792 | €51,756 | +€28,964 | +127% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,792 | €48,756 | +€28,964 | +146% |
| Amounts payable | 17/49 | €51,420 | €35,666 | -€15,754 | -30.6% |
| Amounts payable after more than one year | 17 | €21,323 | €7,051 | -€14,272 | -66.9% |
| Financial debts | 170/4 | €21,323 | €7,051 | -€14,272 | -66.9% |
| Amounts payable within one year | 42/48 | €30,097 | €28,615 | -€1,482 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €13,931 | €14,271 | +€340 | +2.4% |
| Trade debts | 44 | €2,892 | €4,458 | +€1,566 | +54.1% |
| Suppliers | 440/4 | €2,892 | €4,458 | +€1,566 | +54.1% |
| Taxes, remuneration and social security | 45 | €11,990 | €9,886 | -€2,104 | -17.5% |
| Taxes | 450/3 | €10,806 | €9,886 | -€920 | -8.5% |
| Remuneration and social security | 454/9 | €1,184 | - | -€1,184 | |
| Other amounts payable | 47/48 | €1,284 | - | -€1,284 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,661 | €9,498 | +€7,837 | +472% |
| Other operating charges | 640/8 | €7,643 | €520 | -€7,123 | -93.2% |
| Gross operating margin | 9900 | €13,333 | €47,809 | +€34,476 | +259% |
| Operating profit (loss) | 9901 | €4,029 | €37,791 | +€33,762 | +838% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €961 | €1,091 | +€130 | +13.5% |
| Recurring financial charges | 65 | €961 | €1,091 | +€130 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €3,089 | €36,700 | +€33,611 | +1,088% |
| Income taxes | 67/77 | €1,997 | €7,736 | +€5,739 | +287% |
| Profit (loss) for the period | 9904 | €1,092 | €28,964 | +€27,872 | +2,552% |
| Profit (loss) for the period to be appropriated | 9905 | €1,092 | €28,964 | +€27,872 | +2,552% |
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 17 October 2026 via checked.be.