'T STEENTJE: 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.
'T STEENTJE
Largest movements
- Receivables within one year +€105,257
up €105,257 (+250%), from €42,159 to €147,415
of which Other amounts receivable: +€102,232
- Cash -€61,265
down €61,265 (-43.0%), from €142,395 to €81,131
mainly Receivables within one year (-€105,257) and Other debts (-€47,941)
- Profit (loss) carried forward +€87,009
up €87,009, from -€86,757 to €252
- Other debts -€47,941
down €47,941 (-94.9%), from €50,535 to €2,594
- Reserves +€19,000
up €19,000 (+3.3%), from €581,197 to €600,197
of which Distributable reserves: +€19,000
- Current portion of long-term debt -€15,000
no longer reported in 2025 (was €15,000)
- Gross operating margin -€86,923
down €86,923 (-38.2%), from €227,821 to €140,898
- Taxes -€35,197
down €35,197 (-52.2%), from €67,365 to €32,169
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 | €635,417 | €679,408 | +€43,992 | +6.9% |
| Fixed assets | 21/28 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €635,117 | €679,108 | +€43,992 | +6.9% |
| Amounts receivable after more than one year | 29 | €450,563 | €450,563 | = | 0.0% |
| Other amounts receivable | 291 | €450,563 | €450,563 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,159 | €147,415 | +€105,257 | +250% |
| Trade receivables | 40 | €15,125 | €18,150 | +€3,025 | +20.0% |
| Other amounts receivable | 41 | €27,034 | €129,265 | +€102,232 | +378% |
| Cash at bank and in hand | 54/58 | €142,395 | €81,131 | -€61,265 | -43.0% |
| Total equity and liabilities | 10/49 | €635,417 | €679,408 | +€43,992 | +6.9% |
| Equity | 10/15 | €556,414 | €662,423 | +€106,009 | +19.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €581,197 | €600,197 | +€19,000 | +3.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €575,000 | €594,000 | +€19,000 | +3.3% |
| Profit (loss) carried forward | 14 | -€86,757 | €252 | +€87,009 | |
| Amounts payable | 17/49 | €79,003 | €16,986 | -€62,017 | -78.5% |
| Amounts payable within one year | 42/48 | €78,739 | €15,376 | -€63,364 | -80.5% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | - | -€15,000 | |
| Trade debts | 44 | €3,412 | €3,791 | +€379 | +11.1% |
| Suppliers | 440/4 | €3,412 | €3,791 | +€379 | +11.1% |
| Taxes, remuneration and social security | 45 | €9,792 | €8,991 | -€801 | -8.2% |
| Taxes | 450/3 | €9,792 | €8,991 | -€801 | -8.2% |
| Other amounts payable | 47/48 | €50,535 | €2,594 | -€47,941 | -94.9% |
| Accrued charges and deferred income | 492/3 | €263 | €1,610 | +€1,347 | +512% |
| Non-recurring operating income | 76A | €67,500 | - | -€67,500 | |
| Other operating charges | 640/8 | €3,938 | €3,908 | -€30 | -0.8% |
| Gross operating margin | 9900 | €227,821 | €140,898 | -€86,923 | -38.2% |
| Operating profit (loss) | 9901 | €223,883 | €136,990 | -€86,893 | -38.8% |
| Financial income | 75/76B | €6,759 | €6,771 | +€13 | +0.2% |
| Recurring financial income | 75 | €6,759 | €6,771 | +€13 | +0.2% |
| Financial charges | 65/66B | €5,831 | €4,772 | -€1,058 | -18.2% |
| Recurring financial charges | 65 | €5,831 | €4,772 | -€1,058 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €224,811 | €138,989 | -€85,822 | -38.2% |
| Income taxes | 67/77 | €67,365 | €32,169 | -€35,197 | -52.2% |
| Profit (loss) for the period | 9904 | €157,445 | €106,821 | -€50,625 | -32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €157,445 | €106,821 | -€50,625 | -32.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.