STEYA: 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.
STEYA
Largest movements
- Cash +€60,110
up €60,110 (+32.6%), from €184,258 to €244,368
mainly Depreciation (+€51,974) and Net result for the year (+€25,369)
- Formation expenses -€33,080
down €33,080 (-20.0%), from €165,401 to €132,321
- Tangible fixed assets -€16,769
down €16,769 (-23.8%), from €70,390 to €53,621
of which Furniture and vehicles: -€15,894
- Debts after one year -€48,011
down €48,011 (-42.2%), from €113,718 to €65,707
- Profit (loss) carried forward +€25,369
up €25,369 (+27.8%), from €91,261 to €116,630
- Trade debts +€17,931
up €17,931 (+35.2%), from €50,899 to €68,830
- Tax, wage and social debts +€14,660
up €14,660 (+39.4%), from €37,168 to €51,828
of which Taxes: +€14,912
- Other operating charges -€11,690
down €11,690 (-66.7%), from €17,516 to €5,825
- Gross operating margin -€9,103
down €9,103 (-3.6%), from €253,756 to €244,653
- Taxes -€8,172
down €8,172 (-49.0%), from €16,668 to €8,495
- Staff costs -€2,587
down €2,587 (-1.7%), from €151,903 to €149,316
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.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,751 | €456,698 | +€10,947 | +2.5% |
| Formation expenses | 20 | €165,401 | €132,321 | -€33,080 | -20.0% |
| Fixed assets | 21/28 | €83,390 | €66,621 | -€16,769 | -20.1% |
| Intangible fixed assets | 21 | €10,000 | €10,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €70,390 | €53,621 | -€16,769 | -23.8% |
| Furniture and vehicles | 24 | €66,931 | €51,037 | -€15,894 | -23.7% |
| Other tangible fixed assets | 26 | €3,459 | €2,584 | -€875 | -25.3% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €196,960 | €257,756 | +€60,796 | +30.9% |
| Stocks and contracts in progress | 3 | €3,899 | €3,899 | = | 0.0% |
| Stocks | 30/36 | €3,899 | €3,899 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,922 | €6,025 | +€1,102 | +22.4% |
| Trade receivables | 40 | €4,922 | €6,025 | +€1,102 | +22.4% |
| Cash at bank and in hand | 54/58 | €184,258 | €244,368 | +€60,110 | +32.6% |
| Deferred charges and accrued income | 490/1 | €3,880 | €3,464 | -€416 | -10.7% |
| Total equity and liabilities | 10/49 | €445,751 | €456,698 | +€10,947 | +2.5% |
| Equity | 10/15 | €118,761 | €144,130 | +€25,369 | +21.4% |
| Contributions | 10/11 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,261 | €116,630 | +€25,369 | +27.8% |
| Amounts payable | 17/49 | €326,991 | €312,569 | -€14,422 | -4.4% |
| Amounts payable after more than one year | 17 | €113,718 | €65,707 | -€48,011 | -42.2% |
| Financial debts | 170/4 | €113,718 | €65,707 | -€48,011 | -42.2% |
| Amounts payable within one year | 42/48 | €213,272 | €246,861 | +€33,589 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €49,244 | €50,242 | +€998 | +2.0% |
| Trade debts | 44 | €50,899 | €68,830 | +€17,931 | +35.2% |
| Suppliers | 440/4 | €50,899 | €68,830 | +€17,931 | +35.2% |
| Taxes, remuneration and social security | 45 | €37,168 | €51,828 | +€14,660 | +39.4% |
| Taxes | 450/3 | €17,537 | €32,450 | +€14,912 | +85.0% |
| Remuneration and social security | 454/9 | €19,631 | €19,378 | -€253 | -1.3% |
| Other amounts payable | 47/48 | €75,961 | €75,961 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €151,903 | €149,316 | -€2,587 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,902 | €51,974 | +€1,072 | +2.1% |
| Other operating charges | 640/8 | €17,516 | €5,825 | -€11,690 | -66.7% |
| Gross operating margin | 9900 | €253,756 | €244,653 | -€9,103 | -3.6% |
| Operating profit (loss) | 9901 | €33,435 | €37,537 | +€4,103 | +12.3% |
| Financial charges | 65/66B | €1,397 | €3,673 | +€2,276 | +163% |
| Recurring financial charges | 65 | €1,397 | €3,673 | +€2,276 | +163% |
| Profit (loss) for the period before taxes | 9903 | €32,038 | €33,864 | +€1,827 | +5.7% |
| Income taxes | 67/77 | €16,668 | €8,495 | -€8,172 | -49.0% |
| Profit (loss) for the period | 9904 | €15,370 | €25,369 | +€9,999 | +65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,370 | €25,369 | +€9,999 | +65.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.