Steyt: 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.
Steyt
Largest movements
- Cash +€35,524
up €35,524 (+122%), from €29,144 to €64,668
mainly Net result for the year (+€34,501) and Receivables within one year (+€8,786)
- Receivables within one year -€8,786
down €8,786 (-69.7%), from €12,607 to €3,821
of which Trade receivables: -€8,195
- Tangible fixed assets -€2,594
down €2,594 (-19.0%), from €13,631 to €11,037
of which Furniture and vehicles: -€1,378
- Reserves +€33,701
up €33,701 (+107%), from €31,362 to €65,063
- Other debts -€8,004
down €8,004 (-46.5%), from €17,206 to €9,202
- Trade debts -€1,721
no longer reported in 2025 (was €1,721)
- Gross operating margin +€4,658
up €4,658 (+10.8%), from €43,255 to €47,913
- Taxes +€1,233
up €1,233 (+15.2%), from €8,093 to €9,326
- Depreciation +€813
up €813 (+33.2%), from €2,452 to €3,264
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.
Derived cash bridge
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 | €55,382 | €79,526 | +€24,144 | +43.6% |
| Fixed assets | 21/28 | €13,631 | €11,037 | -€2,594 | -19.0% |
| Tangible fixed assets | 22/27 | €13,631 | €11,037 | -€2,594 | -19.0% |
| Plant, machinery and equipment | 23 | €5,586 | €4,370 | -€1,217 | -21.8% |
| Furniture and vehicles | 24 | €8,045 | €6,667 | -€1,378 | -17.1% |
| Current assets | 29/58 | €41,751 | €68,489 | +€26,738 | +64.0% |
| Amounts receivable within one year | 40/41 | €12,607 | €3,821 | -€8,786 | -69.7% |
| Trade receivables | 40 | €10,500 | €2,305 | -€8,195 | -78.0% |
| Other amounts receivable | 41 | €2,107 | €1,516 | -€591 | -28.0% |
| Cash at bank and in hand | 54/58 | €29,144 | €64,668 | +€35,524 | +122% |
| Total equity and liabilities | 10/49 | €55,382 | €79,526 | +€24,144 | +43.6% |
| Equity | 10/15 | €36,362 | €70,063 | +€33,701 | +92.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,362 | €65,063 | +€33,701 | +107% |
| Distributable reserves | 133 | €31,362 | €65,063 | +€33,701 | +107% |
| Amounts payable | 17/49 | €19,020 | €9,463 | -€9,557 | -50.2% |
| Amounts payable within one year | 42/48 | €19,020 | €9,463 | -€9,557 | -50.2% |
| Trade debts | 44 | €1,721 | - | -€1,721 | |
| Suppliers | 440/4 | €1,721 | - | -€1,721 | |
| Taxes, remuneration and social security | 45 | €93 | €261 | +€168 | +180% |
| Taxes | 450/3 | €93 | €261 | +€168 | +180% |
| Other amounts payable | 47/48 | €17,206 | €9,202 | -€8,004 | -46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,452 | €3,264 | +€813 | +33.2% |
| Other operating charges | 640/8 | €513 | €771 | +€258 | +50.2% |
| Gross operating margin | 9900 | €43,255 | €47,913 | +€4,658 | +10.8% |
| Operating profit (loss) | 9901 | €40,290 | €43,877 | +€3,587 | +8.9% |
| Financial income | 75/76B | €0 | €3 | +€3 | +33,200% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +33,200% |
| Financial charges | 65/66B | €35 | €54 | +€20 | +56.6% |
| Recurring financial charges | 65 | €35 | €54 | +€20 | +56.6% |
| Profit (loss) for the period before taxes | 9903 | €40,256 | €43,827 | +€3,571 | +8.9% |
| Income taxes | 67/77 | €8,093 | €9,326 | +€1,233 | +15.2% |
| Profit (loss) for the period | 9904 | €32,162 | €34,501 | +€2,338 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,162 | €34,501 | +€2,338 | +7.3% |
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 16 October 2026 via checked.be.