STEVENTS: 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.
STEVENTS
Largest movements
- Tangible fixed assets +€11,265
up €11,265, from €0 to €11,265
of which Other tangible fixed assets: +€10,069
- Receivables within one year +€483
up €483 (+61.9%), from €780 to €1,264
of which Trade receivables: +€415
- Cash -€247
down €247 (-99.3%), from €249 to €2
mainly Investment in fixed assets (net) (-€11,642) and Receivables within one year (-€483)
- Trade debts +€6,411
new in 2025: €6,411
- Other debts +€4,046
up €4,046 (+1113.5%), from €363 to €4,409
- Profit (loss) carried forward +€1,038
up €1,038 (+17.4%), from -€5,960 to -€4,922
- Gross operating margin +€1,946
up €1,946 (+359.5%), from €541 to €2,487
- Depreciation +€377
new in 2025: €377
- Financial charges +€341
up €341 (+203.2%), from €168 to €508
- Other operating charges +€55
up €55 (+10.8%), from €508 to €563
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 | €1,029 | €12,530 | +€11,501 | +1117.6% |
| Fixed assets | 21/28 | €0 | €11,265 | +€11,265 | |
| Tangible fixed assets | 22/27 | €0 | €11,265 | +€11,265 | |
| Furniture and vehicles | 24 | €0 | €1,196 | +€1,196 | |
| Other tangible fixed assets | 26 | - | €10,069 | +€10,069 | |
| Current assets | 29/58 | €1,029 | €1,265 | +€236 | +23.0% |
| Amounts receivable within one year | 40/41 | €780 | €1,264 | +€483 | +61.9% |
| Trade receivables | 40 | €363 | €778 | +€415 | +114.4% |
| Other amounts receivable | 41 | €418 | €486 | +€68 | +16.3% |
| Cash at bank and in hand | 54/58 | €249 | €2 | -€247 | -99.3% |
| Total equity and liabilities | 10/49 | €1,029 | €12,530 | +€11,501 | +1117.6% |
| Equity | 10/15 | €281 | €1,320 | +€1,038 | +369.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41 | €41 | = | 0.0% |
| Non-distributable reserves | 130/1 | €41 | €41 | = | 0.0% |
| Reserves not available under the articles | 1311 | €41 | €41 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,960 | -€4,922 | +€1,038 | +17.4% |
| Amounts payable | 17/49 | €748 | €11,211 | +€10,463 | +1399.2% |
| Amounts payable within one year | 42/48 | €363 | €10,821 | +€10,457 | +2878.1% |
| Trade debts | 44 | - | €6,411 | +€6,411 | |
| Suppliers | 440/4 | - | €6,411 | +€6,411 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €363 | €4,409 | +€4,046 | +1113.5% |
| Accrued charges and deferred income | 492/3 | €384 | €390 | +€6 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €377 | +€377 | |
| Other operating charges | 640/8 | €508 | €563 | +€55 | +10.8% |
| Non-recurring operating charges | 66A | €1,471 | €0 | -€1,471 | -100.0% |
| Gross operating margin | 9900 | €541 | €2,487 | +€1,946 | +359.5% |
| Operating profit (loss) | 9901 | -€1,438 | €1,547 | +€2,985 | |
| Financial charges | 65/66B | €168 | €508 | +€341 | +203.2% |
| Recurring financial charges | 65 | €168 | €508 | +€341 | +203.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,606 | €1,038 | +€2,644 | |
| Profit (loss) for the period | 9904 | -€1,606 | €1,038 | +€2,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,606 | €1,038 | +€2,644 |
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 10 October 2026 via checked.be.