Palace Stockel: 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.
Palace Stockel
Largest movements
- Cash -€17,278
down €17,278 (-99.0%), from €17,455 to €177
mainly Other debts (-€25,194) and Investment in fixed assets (net) (-€3,109)
- Stocks and contracts +€2,187
up €2,187 (+34.8%), from €6,283 to €8,470
- Receivables within one year -€1,774
down €1,774 (-11.2%), from €15,791 to €14,017
of which Other amounts receivable: -€2,956
- Tangible fixed assets +€1,340
up €1,340 (+17.3%), from €7,760 to €9,101
of which Other tangible fixed assets: +€2,106
- Deferred charges and accrued income -€761
down €761 (-100%), from €761 to €0
- Other debts -€25,194
down €25,194 (-100%), from €25,194 to €0
- Profit (loss) carried forward +€6,058
up €6,058 (+55.3%), from €10,946 to €17,004
- Trade debts +€2,435
up €2,435 (+2,670%), from €91 to €2,527
- Gross operating margin -€12,061
down €12,061 (-47.7%), from €25,282 to €13,222
- Other operating charges +€938
up €938 (+45.7%), from €2,052 to €2,990
- Depreciation +€392
up €392 (+28.5%), from €1,376 to €1,769
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 | €48,050 | €31,764 | -€16,286 | -33.9% |
| Fixed assets | 21/28 | €7,760 | €9,101 | +€1,340 | +17.3% |
| Tangible fixed assets | 22/27 | €7,760 | €9,101 | +€1,340 | +17.3% |
| Plant, machinery and equipment | 23 | €1,172 | €819 | -€353 | -30.1% |
| Furniture and vehicles | 24 | €1,238 | €826 | -€413 | -33.3% |
| Other tangible fixed assets | 26 | €5,349 | €7,456 | +€2,106 | +39.4% |
| Current assets | 29/58 | €40,290 | €22,664 | -€17,626 | -43.7% |
| Stocks and contracts in progress | 3 | €6,283 | €8,470 | +€2,187 | +34.8% |
| Stocks | 30/36 | €6,283 | €8,470 | +€2,187 | +34.8% |
| Amounts receivable within one year | 40/41 | €15,791 | €14,017 | -€1,774 | -11.2% |
| Trade receivables | 40 | €4,635 | €5,817 | +€1,182 | +25.5% |
| Other amounts receivable | 41 | €11,156 | €8,200 | -€2,956 | -26.5% |
| Cash at bank and in hand | 54/58 | €17,455 | €177 | -€17,278 | -99.0% |
| Deferred charges and accrued income | 490/1 | €761 | €0 | -€761 | -100% |
| Total equity and liabilities | 10/49 | €48,050 | €31,764 | -€16,286 | -33.9% |
| Equity | 10/15 | €20,106 | €26,164 | +€6,058 | +30.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,960 | €2,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,100 | €1,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,946 | €17,004 | +€6,058 | +55.3% |
| Amounts payable | 17/49 | €27,944 | €5,600 | -€22,343 | -80.0% |
| Amounts payable within one year | 42/48 | €27,944 | €5,600 | -€22,343 | -80.0% |
| Trade debts | 44 | €91 | €2,527 | +€2,435 | +2,670% |
| Suppliers | 440/4 | €91 | €2,527 | +€2,435 | +2,670% |
| Taxes, remuneration and social security | 45 | €2,658 | €3,074 | +€416 | +15.6% |
| Taxes | 450/3 | €2,658 | €3,074 | +€416 | +15.6% |
| Other amounts payable | 47/48 | €25,194 | €0 | -€25,194 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,376 | €1,769 | +€392 | +28.5% |
| Other operating charges | 640/8 | €2,052 | €2,990 | +€938 | +45.7% |
| Gross operating margin | 9900 | €25,282 | €13,222 | -€12,061 | -47.7% |
| Operating profit (loss) | 9901 | €21,854 | €8,463 | -€13,391 | -61.3% |
| Financial income | 75/76B | €1 | €11 | +€11 | +1,810% |
| Recurring financial income | 75 | €1 | €11 | +€11 | +1,810% |
| Financial charges | 65/66B | €126 | €40 | -€86 | -68.2% |
| Recurring financial charges | 65 | €126 | €40 | -€86 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €21,729 | €8,435 | -€13,294 | -61.2% |
| Income taxes | 67/77 | €2,608 | €2,377 | -€231 | -8.9% |
| Profit (loss) for the period | 9904 | €19,121 | €6,058 | -€13,063 | -68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,121 | €6,058 | -€13,063 | -68.3% |
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 30 October 2026 via checked.be.