STEVENY: 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.
What changed
STEVENY
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€589,106
2023 · €1.4m-€844,158
Equity
€4.7m
2023 · €4.6m+€139,106
Cash
€3.0m
2023 · €2.6m+€352,296
Balance sheet total
€65.6m
2023 · €55.9m+€9.7m
Largest movements
Assets
- Stocks and contracts +€8.0m
up €8.0m (+25.3%), from €31.5m to €39.5m
of which Stocks: +€8.2m
- Receivables within one year +€1.8m
up €1.8m (+10.7%), from €16.5m to €18.3m
of which Other amounts receivable: +€2.8m
Equity and liabilities
- Trade debts +€8.8m
up €8.8m (+25.7%), from €34.3m to €43.2m
- Short-term financial debts +€2.9m
up €2.9m (+48.1%), from €5.9m to €8.8m
- Tax, wage and social debts -€2.7m
down €2.7m (-46.6%), from €5.7m to €3.1m
of which Taxes: -€2.7m
- Other debts +€1.5m
up €1.5m (+163.7%), from €929,367 to €2.5m
- Debts after one year -€862,186
down €862,186 (-28.4%), from €3.0m to €2.2m
of which Financial debts: -€547,186
Income statement
- Turnover -€25.3m
down €25.3m (-19.3%), from €131.0m to €105.7m
- Goods and materials -€23.3m
down €23.3m (-21.4%), from €108.6m to €85.3m
of which Change in stocks: decrease (increase): -€18.3m
- Financial charges -€1.4m
down €1.4m (-47.3%), from €3.0m to €1.6m
From the 2023 result to the 2024 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.
Result 2023
€1.4m
Turnover
-€25.3m
Other operating income
+€519,276
Goods and materials
+€23.3m
Services and other goods
+€124,829
Staff costs
-€879,070
Depreciation
+€795
Write-downs
-€583,154
Provisions
+€74,311
Other operating charges
+€58,052
Financial income
-€14,490
Financial charges
+€1.4m
Taxes
+€468,121
Result 2024
€589,106
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€670,268
Investment
-€532,500
Financing
+€1.6m
Cash 2023
€2.6m
From operations (derived)
-€670,268
Net result for the year
+€589,106
Depreciation
+€913,750
Stocks and contracts
-€8.0m
Receivables within one year
-€1.8m
Deferred charges and accrued income
+€37,762
Provisions
-€74,311
Trade debts
+€8.8m
Tax, wage and social debts
-€2.7m
Advances received
+€130,377
Other debts
+€1.5m
Accrued charges and deferred income
-€215,623
Investment (derived)
-€532,500
Investment in fixed assets (net)
-€532,500
Financing
+€1.6m
Debts after one year
-€862,186
Current portion of long-term debt
+€15,704
Short-term financial debts
+€2.9m
Contributions, distributions and other
-€450,000
Cash 2024
€3.0m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €55,942,820 | €65,597,890 | +€9.7m | +17.3% |
| Fixed assets | 21/28 | €5,137,711 | €4,756,461 | -€381,250 | -7.4% |
| Intangible fixed assets | 21 | €876,667 | €757,171 | -€119,496 | -13.6% |
| Tangible fixed assets | 22/27 | €4,110,165 | €3,848,411 | -€261,754 | -6.4% |
| Land and buildings | 22 | €582,784 | €520,965 | -€61,819 | -10.6% |
| Plant, machinery and equipment | 23 | €1,356,393 | €1,368,782 | +€12,390 | +0.9% |
| Furniture and vehicles | 24 | €367,216 | €197,392 | -€169,825 | -46.2% |
| Other tangible fixed assets | 26 | €1,803,772 | €1,761,272 | -€42,500 | -2.4% |
| Financial fixed assets | 28 | €150,879 | €150,879 | = | 0.0% |
| Affiliated companies | 280/1 | €100,000 | €100,000 | = | 0.0% |
| Participating interests | 280 | €100,000 | €100,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €50,879 | €50,879 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €50,879 | €50,879 | = | 0.0% |
| Current assets | 29/58 | €50,805,109 | €60,841,429 | +€10.0m | +19.8% |
| Stocks and contracts in progress | 3 | €31,526,976 | €39,487,758 | +€8.0m | +25.3% |
| Stocks | 30/36 | €31,184,869 | €39,347,282 | +€8.2m | +26.2% |
| Goods purchased for resale | 34 | €31,184,869 | €39,347,282 | +€8.2m | +26.2% |
| Contracts in progress | 37 | €342,107 | €140,476 | -€201,631 | -58.9% |
| Amounts receivable within one year | 40/41 | €16,501,872 | €18,262,875 | +€1.8m | +10.7% |
| Trade receivables | 40 | €12,858,573 | €11,796,150 | -€1.1m | -8.3% |
| Other amounts receivable | 41 | €3,643,298 | €6,466,725 | +€2.8m | +77.5% |
| Cash at bank and in hand | 54/58 | €2,644,912 | €2,997,208 | +€352,296 | +13.3% |
| Deferred charges and accrued income | 490/1 | €131,350 | €93,588 | -€37,762 | -28.7% |
| Total equity and liabilities | 10/49 | €55,942,820 | €65,597,890 | +€9.7m | +17.3% |
| Equity | 10/15 | €4,551,931 | €4,691,037 | +€139,106 | +3.1% |
| Contributions | 10/11 | €375,000 | €375,000 | = | 0.0% |
| Capital | 10 | €375,000 | €375,000 | = | 0.0% |
| Issued capital | 100 | €375,000 | €375,000 | = | 0.0% |
| Reserves | 13 | €4,176,931 | €4,316,037 | +€139,106 | +3.3% |
| Non-distributable reserves | 130/1 | €37,500 | €37,500 | = | 0.0% |
| Legal reserve | 130 | €37,500 | €37,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,964 | €25,964 | = | 0.0% |
| Distributable reserves | 133 | €4,113,468 | €4,252,574 | +€139,106 | +3.4% |
| Provisions and deferred taxes | 16 | €150,000 | €75,689 | -€74,311 | -49.5% |
| Provisions for liabilities and charges | 160/5 | €150,000 | €75,689 | -€74,311 | -49.5% |
| Other liabilities and charges | 164/5 | €150,000 | €75,689 | -€74,311 | -49.5% |
| Amounts payable | 17/49 | €51,240,889 | €60,831,163 | +€9.6m | +18.7% |
| Amounts payable after more than one year | 17 | €3,035,838 | €2,173,652 | -€862,186 | -28.4% |
| Financial debts | 170/4 | €1,224,588 | €677,402 | -€547,186 | -44.7% |
| Credit institutions | 173 | €1,224,588 | €677,402 | -€547,186 | -44.7% |
| Other amounts payable | 178/9 | €1,811,250 | €1,496,250 | -€315,000 | -17.4% |
| Amounts payable within one year | 42/48 | €47,980,841 | €58,648,924 | +€10.7m | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €873,048 | €888,752 | +€15,704 | +1.8% |
| Financial debts | 43 | €5,923,975 | €8,775,522 | +€2.9m | +48.1% |
| Credit institutions | 430/8 | €5,923,975 | €8,775,522 | +€2.9m | +48.1% |
| Trade debts | 44 | €34,341,455 | €43,166,761 | +€8.8m | +25.7% |
| Suppliers | 440/4 | €34,341,455 | €43,166,761 | +€8.8m | +25.7% |
| Advances received on contracts in progress | 46 | €173,006 | €303,383 | +€130,377 | +75.4% |
| Taxes, remuneration and social security | 45 | €5,739,989 | €3,063,572 | -€2.7m | -46.6% |
| Taxes | 450/3 | €4,847,840 | €2,197,251 | -€2.7m | -54.7% |
| Remuneration and social security | 454/9 | €892,148 | €866,322 | -€25,827 | -2.9% |
| Other amounts payable | 47/48 | €929,367 | €2,450,935 | +€1.5m | +163.7% |
| Accrued charges and deferred income | 492/3 | €224,210 | €8,587 | -€215,623 | -96.2% |
| Operating income | 70/76A | €132,416,771 | €107,633,375 | -€24.8m | -18.7% |
| Turnover | 70 | €130,964,286 | €105,661,614 | -€25.3m | -19.3% |
| Other operating income | 74 | €1,452,485 | €1,971,761 | +€519,276 | +35.8% |
| Operating charges | 60/66A | €127,276,209 | €105,219,415 | -€22.1m | -17.3% |
| Goods for resale, raw materials and consumables | 60 | €108,598,443 | €85,337,414 | -€23.3m | -21.4% |
| Purchases | 600/8 | €98,008,298 | €93,054,606 | -€5.0m | -5.1% |
| Change in stocks: decrease (increase) | 609 | €10,590,146 | -€7,717,192 | -€18.3m | |
| Services and other goods | 61 | €9,063,258 | €8,938,429 | -€124,829 | -1.4% |
| Remuneration, social security and pensions | 62 | €8,168,900 | €9,047,970 | +€879,070 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914,545 | €913,750 | -€795 | -0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€22,496 | €560,657 | +€583,154 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€74,311 | -€74,311 | |
| Other operating charges | 640/8 | €553,558 | €495,506 | -€58,052 | -10.5% |
| Operating profit (loss) | 9901 | €5,140,562 | €2,413,960 | -€2.7m | -53.0% |
| Financial income | 75/76B | €14,490 | - | -€14,490 | |
| Recurring financial income | 75 | €14,490 | - | -€14,490 | |
| Other financial income | 752/9 | €14,490 | - | -€14,490 | |
| Financial charges | 65/66B | €3,017,663 | €1,588,850 | -€1.4m | -47.3% |
| Recurring financial charges | 65 | €3,017,663 | €1,588,850 | -€1.4m | -47.3% |
| Debt charges | 650 | €2,963,858 | €1,493,866 | -€1.5m | -49.6% |
| Other financial charges | 652/9 | €53,805 | €94,984 | +€41,179 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €2,137,390 | €825,110 | -€1.3m | -61.4% |
| Income taxes | 67/77 | €704,126 | €236,005 | -€468,121 | -66.5% |
| Taxes | 670/3 | €704,126 | €236,005 | -€468,121 | -66.5% |
| Profit (loss) for the period | 9904 | €1,433,264 | €589,106 | -€844,158 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,433,264 | €589,106 | -€844,158 | -58.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.