STEYFKENS MARC: what changed
STEYFKENS MARC
Largest movements
- Receivables within one year +€12,090
up €12,090 (+8.4%), from €143,273 to €155,362
of which Other amounts receivable: +€13,031
- Cash -€7,051
down €7,051 (-35.4%), from €19,917 to €12,866
mainly Contributions, distributions and other (-€82,000) and Receivables within one year (-€12,090)
- Deferred charges and accrued income -€2,349
down €2,349 (-22.3%), from €10,524 to €8,174
- Other debts +€57,400
new in 2025: €57,400
- Reserves -€38,758
down €38,758 (-30.1%), from €128,950 to €90,192
- Profit (loss) carried forward -€31,657
down €31,657 (-100%), from €31,657 to €0
- Tax, wage and social debts +€19,164
up €19,164 (+107%), from €17,940 to €37,104
- Trade debts -€4,859
down €4,859 (-54.1%), from €8,980 to €4,122
- Gross operating margin -€67,192
down €67,192 (-76.0%), from €88,421 to €21,228
- Taxes -€20,333
down €20,333 (-78.4%), from €25,919 to €5,586
- Financial charges -€1,545
down €1,545 (-54.9%), from €2,817 to €1,272
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,727 | €195,018 | +€1,291 | +0.7% |
| Fixed assets | 21/28 | €17,514 | €16,115 | -€1,399 | -8.0% |
| Tangible fixed assets | 22/27 | €17,514 | €16,115 | -€1,399 | -8.0% |
| Plant, machinery and equipment | 23 | €12,050 | €10,889 | -€1,161 | -9.6% |
| Furniture and vehicles | 24 | €5,464 | €5,226 | -€237 | -4.3% |
| Current assets | 29/58 | €176,213 | €178,903 | +€2,690 | +1.5% |
| Stocks and contracts in progress | 3 | €2,500 | €2,500 | = | 0.0% |
| Stocks | 30/36 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €143,273 | €155,362 | +€12,090 | +8.4% |
| Trade receivables | 40 | €7,967 | €7,026 | -€941 | -11.8% |
| Other amounts receivable | 41 | €135,306 | €148,336 | +€13,031 | +9.6% |
| Cash at bank and in hand | 54/58 | €19,917 | €12,866 | -€7,051 | -35.4% |
| Deferred charges and accrued income | 490/1 | €10,524 | €8,174 | -€2,349 | -22.3% |
| Total equity and liabilities | 10/49 | €193,727 | €195,018 | +€1,291 | +0.7% |
| Equity | 10/15 | €166,806 | €96,392 | -€70,415 | -42.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €128,950 | €90,192 | -€38,758 | -30.1% |
| Distributable reserves | 133 | €128,950 | €90,192 | -€38,758 | -30.1% |
| Profit (loss) carried forward | 14 | €31,657 | €0 | -€31,657 | -100% |
| Amounts payable | 17/49 | €26,921 | €98,626 | +€71,706 | +266% |
| Amounts payable within one year | 42/48 | €26,921 | €98,626 | +€71,706 | +266% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €8,980 | €4,122 | -€4,859 | -54.1% |
| Suppliers | 440/4 | €8,980 | €4,122 | -€4,859 | -54.1% |
| Taxes, remuneration and social security | 45 | €17,940 | €37,104 | +€19,164 | +107% |
| Taxes | 450/3 | €17,940 | €37,104 | +€19,164 | +107% |
| Other amounts payable | 47/48 | - | €57,400 | +€57,400 | |
| Non-recurring operating income | 76A | €13,860 | €1,500 | -€12,360 | -89.2% |
| Remuneration, social security and pensions | 62 | - | €12 | +€12 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,816 | €7,848 | +€32 | +0.4% |
| Other operating charges | 640/8 | €3,008 | €2,249 | -€759 | -25.2% |
| Non-recurring operating charges | 66A | €216 | €851 | +€635 | +294% |
| Gross operating margin | 9900 | €88,421 | €21,228 | -€67,192 | -76.0% |
| Operating profit (loss) | 9901 | €77,380 | €10,269 | -€67,112 | -86.7% |
| Financial income | 75/76B | €7,979 | €8,174 | +€195 | +2.4% |
| Recurring financial income | 75 | €7,979 | €8,174 | +€195 | +2.4% |
| Financial charges | 65/66B | €2,817 | €1,272 | -€1,545 | -54.9% |
| Recurring financial charges | 65 | €2,817 | €1,272 | -€1,545 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €82,542 | €17,171 | -€65,371 | -79.2% |
| Income taxes | 67/77 | €25,919 | €5,586 | -€20,333 | -78.4% |
| Profit (loss) for the period | 9904 | €56,624 | €11,585 | -€45,038 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €56,624 | €11,585 | -€45,038 | -79.5% |
Next steps
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.