STIENS ETIENNE: 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.
STIENS ETIENNE
Largest movements
- Cash -€41,139
down €41,139 (-100.0%), from €41,141 to €3
mainly Trade debts (-€46,008) and Net result for the year (-€17,005)
- Receivables within one year -€24,115
no longer reported in 2023 (was €24,115)
of which Other amounts receivable: -€23,312
- Tangible fixed assets -€8,150
down €8,150 (-25.0%), from €32,600 to €24,450
- Trade debts -€46,008
no longer reported in 2023 (was €46,008)
- Profit (loss) carried forward -€17,005
down €17,005 (-336%), from -€5,059 to -€22,063
- Debts after one year +€14,498
up €14,498 (+297%), from €4,874 to €19,371
of which Other amounts payable: +€19,371
- Advances received -€11,495
no longer reported in 2023 (was €11,495)
- Tax, wage and social debts -€10,680
no longer reported in 2023 (was €10,680)
of which Remuneration and social security: -€7,311
- Gross operating margin -€71,624
down €71,624, from €63,984 to -€7,640
- Staff costs -€29,443
no longer reported in 2023 (was €29,443)
- Financial charges -€3,283
down €3,283 (-75.4%), from €4,353 to €1,070
- Other operating charges -€2,256
down €2,256 (-94.0%), from €2,401 to €145
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,856 | €24,453 | -€73,403 | -75.0% |
| Fixed assets | 21/28 | €32,600 | €24,450 | -€8,150 | -25.0% |
| Tangible fixed assets | 22/27 | €32,600 | €24,450 | -€8,150 | -25.0% |
| Plant, machinery and equipment | 23 | €32,600 | €24,450 | -€8,150 | -25.0% |
| Current assets | 29/58 | €65,256 | €3 | -€65,253 | -100.0% |
| Amounts receivable within one year | 40/41 | €24,115 | - | -€24,115 | |
| Trade receivables | 40 | €803 | - | -€803 | |
| Other amounts receivable | 41 | €23,312 | - | -€23,312 | |
| Cash at bank and in hand | 54/58 | €41,141 | €3 | -€41,139 | -100.0% |
| Total equity and liabilities | 10/49 | €97,856 | €24,453 | -€73,403 | -75.0% |
| Equity | 10/15 | €15,392 | -€1,613 | -€17,005 | |
| Contributions | 10/11 | €18,591 | €18,591 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,059 | -€22,063 | -€17,005 | -336% |
| Amounts payable | 17/49 | €82,464 | €26,065 | -€56,399 | -68.4% |
| Amounts payable after more than one year | 17 | €4,874 | €19,371 | +€14,498 | +297% |
| Financial debts | 170/4 | €4,874 | - | -€4,874 | |
| Other amounts payable | 178/9 | - | €19,371 | +€19,371 | |
| Amounts payable within one year | 42/48 | €77,590 | €6,694 | -€70,896 | -91.4% |
| Current portion of amounts payable after more than one year | 42 | €9,408 | €6,666 | -€2,742 | -29.1% |
| Trade debts | 44 | €46,008 | - | -€46,008 | |
| Suppliers | 440/4 | €46,008 | - | -€46,008 | |
| Advances received on contracts in progress | 46 | €11,495 | - | -€11,495 | |
| Taxes, remuneration and social security | 45 | €10,680 | - | -€10,680 | |
| Taxes | 450/3 | €3,368 | - | -€3,368 | |
| Remuneration and social security | 454/9 | €7,311 | - | -€7,311 | |
| Other amounts payable | 47/48 | - | €28 | +€28 | |
| Remuneration, social security and pensions | 62 | €29,443 | - | -€29,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,150 | €8,150 | = | 0.0% |
| Other operating charges | 640/8 | €2,401 | €145 | -€2,256 | -94.0% |
| Gross operating margin | 9900 | €63,984 | -€7,640 | -€71,624 | |
| Operating profit (loss) | 9901 | €23,991 | -€15,935 | -€39,925 | |
| Financial charges | 65/66B | €4,353 | €1,070 | -€3,283 | -75.4% |
| Recurring financial charges | 65 | €4,353 | €1,070 | -€3,283 | -75.4% |
| Profit (loss) for the period before taxes | 9903 | €19,638 | -€17,005 | -€36,643 | |
| Profit (loss) for the period | 9904 | €19,638 | -€17,005 | -€36,643 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,638 | -€17,005 | -€36,643 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.