Stockade: 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.
Stockade
Largest movements
- Cash +€51,183
up €51,183 (+45.0%), from €113,662 to €164,845
mainly Net result for the year (+€68,932) and Depreciation (+€17,541)
- Tangible fixed assets -€14,937
down €14,937 (-21.0%), from €71,089 to €56,152
of which Furniture and vehicles: -€13,331
- Receivables within one year -€4,743
down €4,743 (-25.3%), from €18,747 to €14,004
of which Trade receivables: -€4,231
- Profit (loss) carried forward +€68,932
up €68,932 (+44.6%), from €154,710 to €223,642
- Other debts -€35,294
down €35,294 (-100.0%), from €35,294 to €0
- Gross operating margin +€5,754
up €5,754 (+5.7%), from €100,124 to €105,878
- Depreciation +€3,595
up €3,595 (+25.8%), from €13,946 to €17,541
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 | €204,731 | €236,449 | +€31,719 | +15.5% |
| Fixed assets | 21/28 | €71,129 | €56,192 | -€14,937 | -21.0% |
| Tangible fixed assets | 22/27 | €71,089 | €56,152 | -€14,937 | -21.0% |
| Plant, machinery and equipment | 23 | €4,720 | €3,113 | -€1,607 | -34.0% |
| Furniture and vehicles | 24 | €66,369 | €53,039 | -€13,331 | -20.1% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €133,601 | €180,257 | +€46,656 | +34.9% |
| Amounts receivable within one year | 40/41 | €18,747 | €14,004 | -€4,743 | -25.3% |
| Trade receivables | 40 | €17,444 | €13,213 | -€4,231 | -24.3% |
| Other amounts receivable | 41 | €1,302 | €791 | -€512 | -39.3% |
| Cash at bank and in hand | 54/58 | €113,662 | €164,845 | +€51,183 | +45.0% |
| Deferred charges and accrued income | 490/1 | €1,192 | €1,408 | +€215 | +18.1% |
| Total equity and liabilities | 10/49 | €204,731 | €236,449 | +€31,719 | +15.5% |
| Equity | 10/15 | €160,710 | €229,642 | +€68,932 | +42.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,710 | €223,642 | +€68,932 | +44.6% |
| Amounts payable | 17/49 | €44,021 | €6,807 | -€37,213 | -84.5% |
| Amounts payable within one year | 42/48 | €44,021 | €6,807 | -€37,213 | -84.5% |
| Trade debts | 44 | €160 | €216 | +€56 | +34.8% |
| Suppliers | 440/4 | €160 | €216 | +€56 | +34.8% |
| Taxes, remuneration and social security | 45 | €8,567 | €6,592 | -€1,975 | -23.1% |
| Taxes | 450/3 | €8,567 | €3,947 | -€4,620 | -53.9% |
| Remuneration and social security | 454/9 | - | €2,645 | +€2,645 | |
| Other amounts payable | 47/48 | €35,294 | €0 | -€35,294 | -100.0% |
| Non-recurring operating income | 76A | €4,907 | €0 | -€4,907 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,946 | €17,541 | +€3,595 | +25.8% |
| Other operating charges | 640/8 | €732 | €585 | -€146 | -20.0% |
| Gross operating margin | 9900 | €100,124 | €105,878 | +€5,754 | +5.7% |
| Operating profit (loss) | 9901 | €85,446 | €87,751 | +€2,305 | +2.7% |
| Financial income | 75/76B | €112 | €63 | -€49 | -43.6% |
| Recurring financial income | 75 | €112 | €63 | -€49 | -43.6% |
| Financial charges | 65/66B | €91 | €840 | +€750 | +828.0% |
| Recurring financial charges | 65 | €91 | €840 | +€750 | +828.0% |
| Profit (loss) for the period before taxes | 9903 | €85,468 | €86,974 | +€1,506 | +1.8% |
| Income taxes | 67/77 | €17,698 | €18,042 | +€344 | +1.9% |
| Profit (loss) for the period | 9904 | €67,770 | €68,932 | +€1,162 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,770 | €68,932 | +€1,162 | +1.7% |
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 2 October 2026 via checked.be.