THE STEADIMAKERS: 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.
THE STEADIMAKERS
Largest movements
- Tangible fixed assets -€25,178
down €25,178 (-23.4%), from €107,816 to €82,638
- Receivables within one year -€8,048
down €8,048 (-42.3%), from €19,028 to €10,980
of which Other amounts receivable: -€4,756
- Profit (loss) carried forward -€15,750
down €15,750 (-6.2%), from €255,223 to €239,474
- Current portion of long-term debt -€13,657
down €13,657 (-75.0%), from €18,210 to €4,552
- Debts after one year -€4,508
no longer reported in 2025 (was €4,508)
- Tax, wage and social debts +€4,314
new in 2025: €4,314
- Gross operating margin -€39,981
down €39,981 (-77.5%), from €51,572 to €11,591
- Depreciation -€4,565
down €4,565 (-14.9%), from €30,606 to €26,041
- Taxes -€3,923
no longer reported in 2025 (was €3,923)
- Financial charges -€1,039
down €1,039 (-53.6%), from €1,939 to €900
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.
Cash bridge derived
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 | €306,377 | €276,422 | -€29,955 | -9.8% |
| Fixed assets | 21/28 | €107,816 | €85,198 | -€22,618 | -21.0% |
| Intangible fixed assets | 21 | - | €2,560 | +€2,560 | |
| Tangible fixed assets | 22/27 | €107,816 | €82,638 | -€25,178 | -23.4% |
| Plant, machinery and equipment | 23 | €107,816 | €82,638 | -€25,178 | -23.4% |
| Current assets | 29/58 | €198,562 | €191,225 | -€7,337 | -3.7% |
| Amounts receivable within one year | 40/41 | €19,028 | €10,980 | -€8,048 | -42.3% |
| Trade receivables | 40 | €10,272 | €6,980 | -€3,292 | -32.0% |
| Other amounts receivable | 41 | €8,756 | €4,000 | -€4,756 | -54.3% |
| Cash at bank and in hand | 54/58 | €178,466 | €180,201 | +€1,735 | +1.0% |
| Deferred charges and accrued income | 490/1 | €1,068 | €44 | -€1,024 | -95.9% |
| Total equity and liabilities | 10/49 | €306,377 | €276,422 | -€29,955 | -9.8% |
| Equity | 10/15 | €281,252 | €265,503 | -€15,750 | -5.6% |
| Contributions | 10/11 | €26,029 | €26,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | €255,223 | €239,474 | -€15,750 | -6.2% |
| Amounts payable | 17/49 | €25,125 | €10,920 | -€14,205 | -56.5% |
| Amounts payable after more than one year | 17 | €4,508 | - | -€4,508 | |
| Financial debts | 170/4 | €4,508 | - | -€4,508 | |
| Amounts payable within one year | 42/48 | €20,617 | €10,920 | -€9,697 | -47.0% |
| Current portion of amounts payable after more than one year | 42 | €18,210 | €4,552 | -€13,657 | -75.0% |
| Trade debts | 44 | €2,407 | €2,054 | -€353 | -14.7% |
| Suppliers | 440/4 | €2,407 | €2,054 | -€353 | -14.7% |
| Taxes, remuneration and social security | 45 | - | €4,314 | +€4,314 | |
| Taxes | 450/3 | - | €4,314 | +€4,314 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,606 | €26,041 | -€4,565 | -14.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €51,572 | €11,591 | -€39,981 | -77.5% |
| Operating profit (loss) | 9901 | €20,579 | -€14,850 | -€35,429 | |
| Financial income | 75/76B | €1 | €0 | -€0 | -2.0% |
| Recurring financial income | 75 | €1 | €0 | -€0 | -2.0% |
| Financial charges | 65/66B | €1,939 | €900 | -€1,039 | -53.6% |
| Recurring financial charges | 65 | €1,939 | €900 | -€1,039 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €18,640 | -€15,750 | -€34,390 | |
| Income taxes | 67/77 | €3,923 | - | -€3,923 | |
| Profit (loss) for the period | 9904 | €14,717 | -€15,750 | -€30,467 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,717 | -€15,750 | -€30,467 |
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 11 October 2026 via checked.be.