Stockaerts: 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.
Stockaerts
Largest movements
- Tangible fixed assets -€24,029
down €24,029 (-7.5%), from €319,643 to €295,614
of which Land and buildings: -€15,507
- Receivables within one year -€16,097
down €16,097 (-57.1%), from €28,191 to €12,094
of which Trade receivables: -€13,060
- Profit (loss) carried forward -€26,707
new in 2025: -€26,707
- Debts after one year -€8,161
down €8,161 (-3.2%), from €254,413 to €246,252
- Other debts -€5,880
down €5,880 (-7.8%), from €75,162 to €69,282
- Gross operating margin -€31,690
down €31,690 (-68.9%), from €46,003 to €14,313
- Financial charges -€5,277
down €5,277 (-26.1%), from €20,198 to €14,921
- Other operating charges +€931
up €931 (+80.8%), from €1,153 to €2,084
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 | €356,550 | €319,249 | -€37,301 | -10.5% |
| Fixed assets | 21/28 | €319,643 | €295,614 | -€24,029 | -7.5% |
| Tangible fixed assets | 22/27 | €319,643 | €295,614 | -€24,029 | -7.5% |
| Land and buildings | 22 | €292,552 | €277,045 | -€15,507 | -5.3% |
| Furniture and vehicles | 24 | €13,981 | €6,981 | -€7,000 | -50.1% |
| Other tangible fixed assets | 26 | €13,110 | €11,588 | -€1,522 | -11.6% |
| Current assets | 29/58 | €36,907 | €23,635 | -€13,272 | -36.0% |
| Stocks and contracts in progress | 3 | €250 | €375 | +€125 | +50.0% |
| Stocks | 30/36 | €250 | €375 | +€125 | +50.0% |
| Amounts receivable within one year | 40/41 | €28,191 | €12,094 | -€16,097 | -57.1% |
| Trade receivables | 40 | €25,153 | €12,094 | -€13,060 | -51.9% |
| Other amounts receivable | 41 | €3,038 | - | -€3,038 | |
| Cash at bank and in hand | 54/58 | €8,466 | €11,150 | +€2,684 | +31.7% |
| Deferred charges and accrued income | 490/1 | - | €16 | +€16 | |
| Total equity and liabilities | 10/49 | €356,550 | €319,249 | -€37,301 | -10.5% |
| Equity | 10/15 | €3,313 | -€23,394 | -€26,707 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €313 | €313 | = | 0.0% |
| Distributable reserves | 133 | €313 | €313 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€26,707 | -€26,707 | |
| Amounts payable | 17/49 | €353,237 | €342,643 | -€10,594 | -3.0% |
| Amounts payable after more than one year | 17 | €254,413 | €246,252 | -€8,161 | -3.2% |
| Financial debts | 170/4 | €254,413 | €246,252 | -€8,161 | -3.2% |
| Amounts payable within one year | 42/48 | €98,824 | €96,391 | -€2,433 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €9,927 | €9,256 | -€671 | -6.8% |
| Trade debts | 44 | €7,331 | €9,229 | +€1,898 | +25.9% |
| Suppliers | 440/4 | €7,331 | €9,229 | +€1,898 | +25.9% |
| Taxes, remuneration and social security | 45 | €6,404 | €8,624 | +€2,220 | +34.7% |
| Taxes | 450/3 | €6,404 | €8,624 | +€2,220 | +34.7% |
| Other amounts payable | 47/48 | €75,162 | €69,282 | -€5,880 | -7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,992 | €24,029 | +€37 | +0.2% |
| Other operating charges | 640/8 | €1,153 | €2,084 | +€931 | +80.8% |
| Gross operating margin | 9900 | €46,003 | €14,313 | -€31,690 | -68.9% |
| Operating profit (loss) | 9901 | €20,858 | -€11,800 | -€32,658 | |
| Financial income | 75/76B | €55 | €14 | -€41 | -74.7% |
| Recurring financial income | 75 | €55 | €14 | -€41 | -74.7% |
| Financial charges | 65/66B | €20,198 | €14,921 | -€5,277 | -26.1% |
| Recurring financial charges | 65 | €20,198 | €14,921 | -€5,277 | -26.1% |
| Profit (loss) for the period before taxes | 9903 | €715 | -€26,707 | -€27,422 | |
| Income taxes | 67/77 | €403 | - | -€403 | |
| Profit (loss) for the period | 9904 | €313 | -€26,707 | -€27,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €313 | -€26,707 | -€27,019 |
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 24 October 2026 via checked.be.