Stevensvennen: what changed
What changed
Stevensvennen
NACE 68.122, Development of non-residential building projects
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.0m+€910
Equity
€26.4m
2024 · €25.4m+€1.0m
Cash
€16,975
2024 · €26,941-€9,967
Balance sheet total
€39.8m
2024 · €39.7m+€67,352
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€7.0m
no longer reported in 2025 (was €7.0m)
- Current portion of long-term debt +€6.3m
up €6.3m (+833%), from €750,000 to €7.0m
- Reserves +€1.0m
up €1.0m (+4.2%), from €24.5m to €25.6m
of which Distributable reserves: +€1.0m
Income statement
- Financial income +€16,781
up €16,781 (+1.2%), from €1.4m to €1.4m
- Financial charges +€13,977
up €13,977 (+7.1%), from €195,707 to €209,684
- Gross operating margin -€1,595
down €1,595 (-2.0%), from -€79,859 to -€81,453
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€1.0m
Gross operating margin
-€1,595
Staff costs
+€164
Other operating charges
-€463
Financial income
+€16,781
Financial charges
-€13,977
Result 2025
€1.0m
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€965,033
Investment
€0
Financing
-€975,000
Cash 2024
€26,941
From operations (derived)
+€965,033
Net result for the year
+€1.0m
Depreciation
+€12,740
Receivables within one year
-€89,481
Smaller working-capital items
+€5,067
Financing
-€975,000
Debts after one year
-€7.0m
Current portion of long-term debt
+€6.3m
Short-term financial debts
-€225,000
Cash 2025
€16,975
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,685,085 | €39,752,437 | +€67,352 | +0.2% |
| Fixed assets | 21/28 | €38,927,730 | €38,914,990 | -€12,740 | 0.0% |
| Tangible fixed assets | 22/27 | €848,392 | €835,652 | -€12,740 | -1.5% |
| Land and buildings | 22 | €831,477 | €822,063 | -€9,415 | -1.1% |
| Plant, machinery and equipment | 23 | €16,914 | €13,589 | -€3,325 | -19.7% |
| Financial fixed assets | 28 | €38,079,338 | €38,079,338 | = | 0.0% |
| Current assets | 29/58 | €757,355 | €837,447 | +€80,092 | +10.6% |
| Amounts receivable within one year | 40/41 | €730,414 | €819,895 | +€89,481 | +12.3% |
| Other amounts receivable | 41 | €730,414 | €819,895 | +€89,481 | +12.3% |
| Cash at bank and in hand | 54/58 | €26,941 | €16,975 | -€9,967 | -37.0% |
| Deferred charges and accrued income | 490/1 | - | €578 | +€578 | |
| Total equity and liabilities | 10/49 | €39,685,085 | €39,752,437 | +€67,352 | +0.2% |
| Equity | 10/15 | €25,393,784 | €26,430,491 | +€1.0m | +4.1% |
| Contributions | 10/11 | €880,022 | €880,022 | = | 0.0% |
| Capital | 10 | €880,022 | €880,022 | = | 0.0% |
| Issued capital | 100 | €880,022 | €880,022 | = | 0.0% |
| Reserves | 13 | €24,513,762 | €25,550,469 | +€1.0m | +4.2% |
| Non-distributable reserves | 130/1 | €88,002 | €88,002 | = | 0.0% |
| Legal reserve | 130 | €88,002 | €88,002 | = | 0.0% |
| Distributable reserves | 133 | €24,425,760 | €25,462,466 | +€1.0m | +4.2% |
| Amounts payable | 17/49 | €14,291,302 | €13,321,947 | -€969,355 | -6.8% |
| Amounts payable after more than one year | 17 | €7,000,000 | - | -€7.0m | |
| Financial debts | 170/4 | €7,000,000 | - | -€7.0m | |
| Amounts payable within one year | 42/48 | €7,291,302 | €13,321,947 | +€6.0m | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €750,000 | €7,000,000 | +€6.3m | +833% |
| Financial debts | 43 | €2,635,000 | €2,410,000 | -€225,000 | -8.5% |
| Credit institutions | 430/8 | €2,635,000 | €2,410,000 | -€225,000 | -8.5% |
| Trade debts | 44 | €14,990 | €10,406 | -€4,584 | -30.6% |
| Suppliers | 440/4 | €14,990 | €10,406 | -€4,584 | -30.6% |
| Taxes, remuneration and social security | 45 | €2,617 | €2,570 | -€47 | -1.8% |
| Remuneration and social security | 454/9 | €2,617 | €2,570 | -€47 | -1.8% |
| Other amounts payable | 47/48 | €3,888,695 | €3,898,970 | +€10,276 | +0.3% |
| Remuneration, social security and pensions | 62 | €31,707 | €31,544 | -€164 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,740 | €12,740 | = | 0.0% |
| Other operating charges | 640/8 | €2,291 | €2,754 | +€463 | +20.2% |
| Gross operating margin | 9900 | -€79,859 | -€81,453 | -€1,595 | -2.0% |
| Operating profit (loss) | 9901 | -€126,597 | -€128,491 | -€1,894 | -1.5% |
| Financial income | 75/76B | €1,358,101 | €1,374,882 | +€16,781 | +1.2% |
| Recurring financial income | 75 | €1,358,101 | €1,374,882 | +€16,781 | +1.2% |
| Financial charges | 65/66B | €195,707 | €209,684 | +€13,977 | +7.1% |
| Recurring financial charges | 65 | €195,707 | €209,684 | +€13,977 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €1,035,797 | €1,036,707 | +€910 | +0.1% |
| Profit (loss) for the period | 9904 | €1,035,797 | €1,036,707 | +€910 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,035,797 | €1,036,707 | +€910 | +0.1% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.