STEVENSOFT: 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.
STEVENSOFT
Largest movements
- Tangible fixed assets -€27,118
down €27,118 (-16.6%), from €163,796 to €136,678
of which Land and buildings: -€15,539
- Receivables within one year +€8,698
up €8,698 (+23.4%), from €37,194 to €45,892
of which Trade receivables: +€8,620
- Debts after one year -€16,160
down €16,160 (-18.5%), from €87,286 to €71,126
- Tax, wage and social debts +€8,804
up €8,804 (+104.6%), from €8,420 to €17,224
of which Remuneration and social security: +€6,142
- Current portion of long-term debt -€5,825
down €5,825 (-26.5%), from €21,985 to €16,160
- Profit (loss) carried forward -€4,370
down €4,370 (-68.4%), from -€6,393 to -€10,763
- Staff costs -€23,091
down €23,091 (-28.5%), from €81,123 to €58,032
- Gross operating margin -€19,993
down €19,993 (-18.6%), from €107,646 to €87,653
- Turnover -€18,594
down €18,594 (-4.5%), from €410,662 to €392,068
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 | €246,951 | €226,912 | -€20,039 | -8.1% |
| Fixed assets | 21/28 | €163,846 | €136,728 | -€27,118 | -16.6% |
| Tangible fixed assets | 22/27 | €163,796 | €136,678 | -€27,118 | -16.6% |
| Land and buildings | 22 | €147,110 | €131,571 | -€15,539 | -10.6% |
| Furniture and vehicles | 24 | €16,686 | €5,107 | -€11,579 | -69.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €83,105 | €90,184 | +€7,079 | +8.5% |
| Stocks and contracts in progress | 3 | €25,635 | €26,175 | +€540 | +2.1% |
| Stocks | 30/36 | €25,635 | €26,175 | +€540 | +2.1% |
| Amounts receivable within one year | 40/41 | €37,194 | €45,892 | +€8,698 | +23.4% |
| Trade receivables | 40 | €36,717 | €45,337 | +€8,620 | +23.5% |
| Other amounts receivable | 41 | €477 | €555 | +€78 | +16.4% |
| Cash at bank and in hand | 54/58 | €18,725 | €16,454 | -€2,271 | -12.1% |
| Deferred charges and accrued income | 490/1 | €1,551 | €1,663 | +€112 | +7.2% |
| Total equity and liabilities | 10/49 | €246,951 | €226,912 | -€20,039 | -8.1% |
| Equity | 10/15 | €98,455 | €94,085 | -€4,370 | -4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €86,248 | €86,248 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,388 | €19,388 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,393 | -€10,763 | -€4,370 | -68.4% |
| Amounts payable | 17/49 | €148,496 | €132,827 | -€15,669 | -10.6% |
| Amounts payable after more than one year | 17 | €87,286 | €71,126 | -€16,160 | -18.5% |
| Financial debts | 170/4 | €87,286 | €71,126 | -€16,160 | -18.5% |
| Amounts payable within one year | 42/48 | €61,210 | €61,701 | +€491 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €21,985 | €16,160 | -€5,825 | -26.5% |
| Trade debts | 44 | €27,687 | €25,824 | -€1,863 | -6.7% |
| Suppliers | 440/4 | €27,687 | €25,824 | -€1,863 | -6.7% |
| Taxes, remuneration and social security | 45 | €8,420 | €17,224 | +€8,804 | +104.6% |
| Taxes | 450/3 | €3,322 | €5,984 | +€2,662 | +80.1% |
| Remuneration and social security | 454/9 | €5,098 | €11,240 | +€6,142 | +120.5% |
| Other amounts payable | 47/48 | €3,118 | €2,493 | -€625 | -20.0% |
| Turnover | 70 | €410,662 | €392,068 | -€18,594 | -4.5% |
| Non-recurring operating income | 76A | - | €3 | +€3 | |
| Goods, raw materials, services and sundry goods | 60/61 | €303,016 | €304,415 | +€1,399 | +0.5% |
| Remuneration, social security and pensions | 62 | €81,123 | €58,032 | -€23,091 | -28.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,980 | €27,118 | +€138 | +0.5% |
| Other operating charges | 640/8 | €2,511 | €2,635 | +€124 | +4.9% |
| Non-recurring operating charges | 66A | €3 | €375 | +€372 | +12400.0% |
| Gross operating margin | 9900 | €107,646 | €87,653 | -€19,993 | -18.6% |
| Operating profit (loss) | 9901 | -€2,971 | -€507 | +€2,464 | +82.9% |
| Financial income | 75/76B | €51 | €114 | +€63 | +123.5% |
| Recurring financial income | 75 | €51 | €114 | +€63 | +123.5% |
| Financial charges | 65/66B | €2,801 | €2,370 | -€431 | -15.4% |
| Recurring financial charges | 65 | €2,801 | €2,370 | -€431 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,721 | -€2,763 | +€2,958 | +51.7% |
| Income taxes | 67/77 | €1,149 | €1,607 | +€458 | +39.9% |
| Profit (loss) for the period | 9904 | -€6,870 | -€4,370 | +€2,500 | +36.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,870 | -€4,370 | +€2,500 | +36.4% |
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 3 October 2026 via checked.be.