STOCK & ASSOCIATES: what changed
STOCK & ASSOCIATES
Largest movements
- Receivables within one year -€3,867
down €3,867 (-70.3%), from €5,499 to €1,632
of which Trade receivables: -€4,072
- Cash +€1,923
up €1,923 (+127%), from €1,508 to €3,431
mainly Depreciation (+€8,503) and Receivables within one year (+€3,867)
- Tangible fixed assets -€1,229
down €1,229 (-1.4%), from €85,470 to €84,241
of which Land and buildings: -€7,074
- Profit (loss) carried forward -€6,786
down €6,786 (-8.6%), from -€78,585 to -€85,371
- Short-term financial debts +€3,424
up €3,424 (+1,468%), from €233 to €3,657
- Other debts +€961
up €961 (+0.7%), from €131,207 to €132,168
- Gross operating margin +€3,994
up €3,994 (+169%), from €2,366 to €6,360
- Depreciation +€940
up €940 (+12.4%), from €7,563 to €8,503
- Other operating charges +€435
up €435 (+13.7%), from €3,174 to €3,609
- Staff costs +€421
new in 2024: €421
- Financial charges -€170
down €170 (-21.4%), from €797 to €627
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,909 | €90,810 | -€3,099 | -3.3% |
| Fixed assets | 21/28 | €85,619 | €84,389 | -€1,229 | -1.4% |
| Tangible fixed assets | 22/27 | €85,470 | €84,241 | -€1,229 | -1.4% |
| Land and buildings | 22 | €85,303 | €78,228 | -€7,074 | -8.3% |
| Furniture and vehicles | 24 | €167 | €6,012 | +€5,845 | +3,493% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €8,290 | €6,421 | -€1,870 | -22.6% |
| Amounts receivable within one year | 40/41 | €5,499 | €1,632 | -€3,867 | -70.3% |
| Trade receivables | 40 | €5,499 | €1,427 | -€4,072 | -74.0% |
| Other amounts receivable | 41 | - | €205 | +€205 | |
| Cash at bank and in hand | 54/58 | €1,508 | €3,431 | +€1,923 | +127% |
| Deferred charges and accrued income | 490/1 | €1,283 | €1,358 | +€75 | +5.8% |
| Total equity and liabilities | 10/49 | €93,909 | €90,810 | -€3,099 | -3.3% |
| Equity | 10/15 | -€42,757 | -€49,543 | -€6,786 | -15.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €15,828 | €15,828 | = | 0.0% |
| Distributable reserves | 133 | €15,828 | €15,828 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,585 | -€85,371 | -€6,786 | -8.6% |
| Amounts payable | 17/49 | €136,666 | €140,353 | +€3,687 | +2.7% |
| Amounts payable within one year | 42/48 | €136,561 | €140,353 | +€3,791 | +2.8% |
| Financial debts | 43 | €233 | €3,657 | +€3,424 | +1,468% |
| Credit institutions | 430/8 | €233 | €3,657 | +€3,424 | +1,468% |
| Trade debts | 44 | €4,081 | €3,281 | -€800 | -19.6% |
| Suppliers | 440/4 | €4,081 | €3,281 | -€800 | -19.6% |
| Advances received on contracts in progress | 46 | €160 | €160 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €879 | €1,085 | +€206 | +23.4% |
| Taxes | 450/3 | €879 | €1,085 | +€206 | +23.4% |
| Other amounts payable | 47/48 | €131,207 | €132,168 | +€961 | +0.7% |
| Accrued charges and deferred income | 492/3 | €105 | €0 | -€105 | -100% |
| Remuneration, social security and pensions | 62 | - | €421 | +€421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,563 | €8,503 | +€940 | +12.4% |
| Other operating charges | 640/8 | €3,174 | €3,609 | +€435 | +13.7% |
| Gross operating margin | 9900 | €2,366 | €6,360 | +€3,994 | +169% |
| Operating profit (loss) | 9901 | -€8,371 | -€6,173 | +€2,198 | +26.3% |
| Financial income | 75/76B | €17 | €14 | -€2 | -14.8% |
| Recurring financial income | 75 | €17 | €14 | -€2 | -14.8% |
| Financial charges | 65/66B | €797 | €627 | -€170 | -21.4% |
| Recurring financial charges | 65 | €797 | €627 | -€170 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€9,152 | -€6,786 | +€2,366 | +25.8% |
| Profit (loss) for the period | 9904 | -€9,152 | -€6,786 | +€2,366 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,152 | -€6,786 | +€2,366 | +25.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.