VAN STEIJN BEHEER: 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.
VAN STEIJN BEHEER
Largest movements
- Current investments -€103,958
down €103,958 (-100%), from €103,958 to €0
- Cash +€44,268
up €44,268 (+112%), from €39,523 to €83,792
mainly Other debts (+€164,300) and Net result for the year (+€135,580)
- Tangible fixed assets -€16,964
down €16,964 (-20.8%), from €81,631 to €64,666
of which Furniture and vehicles: -€15,862
- Reserves -€282,028
down €282,028 (-100%), from €282,028 to €0
- Other debts +€164,300
up €164,300 (+32.5%), from €505,481 to €669,781
- Tax, wage and social debts +€68,010
up €68,010 (+4,136%), from €1,644 to €69,654
of which Taxes: +€68,010
- Accrued charges and deferred income -€16,229
down €16,229 (-100%), from €16,229 to €0
- Financial income +€73,434
up €73,434 (+91,792%), from €80 to €73,514
- Depreciation +€9,887
up €9,887 (+140%), from €7,078 to €16,964
- Gross operating margin +€5,171
up €5,171 (+5.2%), from €99,188 to €104,358
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 | €810,249 | €740,900 | -€69,350 | -8.6% |
| Fixed assets | 21/28 | €641,631 | €624,666 | -€16,964 | -2.6% |
| Tangible fixed assets | 22/27 | €81,631 | €64,666 | -€16,964 | -20.8% |
| Plant, machinery and equipment | 23 | €2,165 | €1,691 | -€474 | -21.9% |
| Furniture and vehicles | 24 | €73,804 | €57,941 | -€15,862 | -21.5% |
| Other tangible fixed assets | 26 | €5,662 | €5,034 | -€628 | -11.1% |
| Financial fixed assets | 28 | €560,000 | €560,000 | = | 0.0% |
| Current assets | 29/58 | €168,619 | €116,233 | -€52,386 | -31.1% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,080 | +€80 | +0.7% |
| Other amounts receivable | 291 | €12,000 | €12,080 | +€80 | +0.7% |
| Amounts receivable within one year | 40/41 | €13,058 | €20,122 | +€7,064 | +54.1% |
| Trade receivables | 40 | €12,269 | €14,573 | +€2,304 | +18.8% |
| Other amounts receivable | 41 | €789 | €5,549 | +€4,760 | +604% |
| Current investments | 50/53 | €103,958 | €0 | -€103,958 | -100% |
| Cash at bank and in hand | 54/58 | €39,523 | €83,792 | +€44,268 | +112% |
| Deferred charges and accrued income | 490/1 | €80 | €240 | +€160 | +200% |
| Total equity and liabilities | 10/49 | €810,249 | €740,900 | -€69,350 | -8.6% |
| Equity | 10/15 | €282,128 | €100 | -€282,028 | -100.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €282,028 | €0 | -€282,028 | -100% |
| Distributable reserves | 133 | €282,028 | €0 | -€282,028 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €528,121 | €740,800 | +€212,679 | +40.3% |
| Amounts payable within one year | 42/48 | €511,892 | €740,800 | +€228,908 | +44.7% |
| Trade debts | 44 | €4,766 | €1,365 | -€3,401 | -71.4% |
| Suppliers | 440/4 | €4,766 | €1,365 | -€3,401 | -71.4% |
| Taxes, remuneration and social security | 45 | €1,644 | €69,654 | +€68,010 | +4,136% |
| Taxes | 450/3 | €1,644 | €69,654 | +€68,010 | +4,136% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €505,481 | €669,781 | +€164,300 | +32.5% |
| Accrued charges and deferred income | 492/3 | €16,229 | €0 | -€16,229 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,078 | €16,964 | +€9,887 | +140% |
| Other operating charges | 640/8 | €632 | €1,146 | +€514 | +81.5% |
| Gross operating margin | 9900 | €99,188 | €104,358 | +€5,171 | +5.2% |
| Operating profit (loss) | 9901 | €91,479 | €86,248 | -€5,230 | -5.7% |
| Financial income | 75/76B | €80 | €73,514 | +€73,434 | +91,792% |
| Recurring financial income | 75 | €80 | €73,514 | +€73,434 | +91,792% |
| Financial charges | 65/66B | €155 | €191 | +€36 | +23.2% |
| Recurring financial charges | 65 | €155 | €191 | +€36 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €91,404 | €159,571 | +€68,168 | +74.6% |
| Income taxes | 67/77 | €23,948 | €23,991 | +€43 | +0.2% |
| Profit (loss) for the period | 9904 | €67,456 | €135,580 | +€68,125 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €67,456 | €135,580 | +€68,125 | +101% |
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.