STOCAM: what changed
Two fiscal 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.
STOCAM
Largest movements
- Cash -€32,159
down €32,159 (-72.0%), from €44,690 to €12,531
mainly Current portion of long-term debt (-€26,872) and Receivables within one year (-€8,261)
- Receivables within one year +€8,261
up €8,261 (+65.6%), from €12,602 to €20,864
of which Trade receivables: +€20,360
- Tangible fixed assets -€4,755
down €4,755 (-56.7%), from €8,390 to €3,635
of which Furniture and vehicles: -€3,817
- Current portion of long-term debt -€26,872
down €26,872 (-57.0%), from €47,148 to €20,276
- Trade debts -€7,709
down €7,709 (-97.7%), from €7,893 to €184
- Other debts +€4,233
up €4,233 (+90.5%), from €4,677 to €8,910
- Profit (loss) carried forward +€812
up €812 (+12.1%), from €6,693 to €7,505
- Other operating charges -€697
down €697 (-47.3%), from €1,474 to €777
- Taxes +€488
up €488 (+1356.1%), from €36 to €523
- Financial charges +€284
up €284 (+378.0%), from €75 to €359
- Gross operating margin -€260
down €260 (-3.5%), from €7,486 to €7,226
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 | €66,524 | €37,435 | -€29,089 | -43.7% |
| Fixed assets | 21/28 | €8,390 | €3,635 | -€4,755 | -56.7% |
| Tangible fixed assets | 22/27 | €8,390 | €3,635 | -€4,755 | -56.7% |
| Plant, machinery and equipment | 23 | €2,703 | €1,765 | -€937 | -34.7% |
| Furniture and vehicles | 24 | €5,687 | €1,870 | -€3,817 | -67.1% |
| Current assets | 29/58 | €58,134 | €33,799 | -€24,335 | -41.9% |
| Amounts receivable within one year | 40/41 | €12,602 | €20,864 | +€8,261 | +65.6% |
| Trade receivables | 40 | - | €20,360 | +€20,360 | |
| Other amounts receivable | 41 | €12,602 | €503 | -€12,099 | -96.0% |
| Cash at bank and in hand | 54/58 | €44,690 | €12,531 | -€32,159 | -72.0% |
| Deferred charges and accrued income | 490/1 | €841 | €404 | -€437 | -51.9% |
| Total equity and liabilities | 10/49 | €66,524 | €37,435 | -€29,089 | -43.7% |
| Equity | 10/15 | €6,693 | €7,505 | +€812 | +12.1% |
| Profit (loss) carried forward | 14 | €6,693 | €7,505 | +€812 | +12.1% |
| Amounts payable | 17/49 | €59,831 | €29,929 | -€29,901 | -50.0% |
| Amounts payable within one year | 42/48 | €59,831 | €29,929 | -€29,901 | -50.0% |
| Current portion of amounts payable after more than one year | 42 | €47,148 | €20,276 | -€26,872 | -57.0% |
| Trade debts | 44 | €7,893 | €184 | -€7,709 | -97.7% |
| Suppliers | 440/4 | €7,893 | €184 | -€7,709 | -97.7% |
| Taxes, remuneration and social security | 45 | €112 | €559 | +€447 | +397.8% |
| Taxes | 450/3 | €112 | €559 | +€447 | +397.8% |
| Other amounts payable | 47/48 | €4,677 | €8,910 | +€4,233 | +90.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,755 | €4,755 | = | 0.0% |
| Other operating charges | 640/8 | €1,474 | €777 | -€697 | -47.3% |
| Gross operating margin | 9900 | €7,486 | €7,226 | -€260 | -3.5% |
| Operating profit (loss) | 9901 | €1,257 | €1,694 | +€437 | +34.8% |
| Financial charges | 65/66B | €75 | €359 | +€284 | +378.0% |
| Recurring financial charges | 65 | €75 | €359 | +€284 | +378.0% |
| Profit (loss) for the period before taxes | 9903 | €1,182 | €1,335 | +€154 | +13.0% |
| Income taxes | 67/77 | €36 | €523 | +€488 | +1356.1% |
| Profit (loss) for the period | 9904 | €1,146 | €812 | -€334 | -29.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,146 | €812 | -€334 | -29.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.