STOCKALPERS: 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.
STOCKALPERS
Largest movements
- Receivables within one year +€16,476
up €16,476 (+110%), from €15,010 to €31,487
of which Other amounts receivable: +€10,158
- Cash -€12,246
down €12,246 (-17.4%), from €70,306 to €58,060
mainly Contributions, distributions and other (-€44,190) and Tax, wage and social debts (-€20,387)
- Current investments -€9,657
down €9,657 (-38.4%), from €25,130 to €15,472
- Tangible fixed assets -€4,802
down €4,802 (-9.6%), from €49,814 to €45,012
- Other debts +€38,560
up €38,560 (+685%), from €5,630 to €44,190
- Reserves -€27,476
down €27,476 (-24.7%), from €111,279 to €83,803
of which Distributable reserves: -€27,476
- Tax, wage and social debts -€20,387
down €20,387 (-64.2%), from €31,731 to €11,344
- Gross operating margin +€7,625
up €7,625 (+20.8%), from €36,682 to €44,307
- Financial charges +€5,488
up €5,488 (+523%), from €1,050 to €6,538
- Financial income -€1,129
down €1,129 (-63.6%), from €1,776 to €647
- Other operating charges +€875
up €875 (+1,297%), from €67 to €943
- Depreciation +€565
up €565 (+6.2%), from €9,179 to €9,744
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,682 | €150,525 | -€10,157 | -6.3% |
| Fixed assets | 21/28 | €49,814 | €45,012 | -€4,802 | -9.6% |
| Tangible fixed assets | 22/27 | €49,814 | €45,012 | -€4,802 | -9.6% |
| Plant, machinery and equipment | 23 | €3,593 | €2,903 | -€690 | -19.2% |
| Furniture and vehicles | 24 | €16,656 | €14,891 | -€1,765 | -10.6% |
| Other tangible fixed assets | 26 | €29,565 | €27,217 | -€2,348 | -7.9% |
| Current assets | 29/58 | €110,868 | €105,513 | -€5,355 | -4.8% |
| Amounts receivable within one year | 40/41 | €15,010 | €31,487 | +€16,476 | +110% |
| Trade receivables | 40 | €15,004 | €21,323 | +€6,319 | +42.1% |
| Other amounts receivable | 41 | €6 | €10,164 | +€10,158 | +160,472% |
| Current investments | 50/53 | €25,130 | €15,472 | -€9,657 | -38.4% |
| Cash at bank and in hand | 54/58 | €70,306 | €58,060 | -€12,246 | -17.4% |
| Deferred charges and accrued income | 490/1 | €422 | €494 | +€72 | +17.1% |
| Total equity and liabilities | 10/49 | €160,682 | €150,525 | -€10,157 | -6.3% |
| Equity | 10/15 | €120,563 | €93,087 | -€27,476 | -22.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €111,279 | €83,803 | -€27,476 | -24.7% |
| 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 | €109,419 | €81,943 | -€27,476 | -25.1% |
| Profit (loss) carried forward | 14 | €3,084 | €3,084 | = | 0.0% |
| Amounts payable | 17/49 | €40,119 | €57,437 | +€17,319 | +43.2% |
| Amounts payable within one year | 42/48 | €40,002 | €57,437 | +€17,435 | +43.6% |
| Trade debts | 44 | €2,642 | €1,904 | -€738 | -27.9% |
| Suppliers | 440/4 | €2,642 | €1,904 | -€738 | -27.9% |
| Taxes, remuneration and social security | 45 | €31,731 | €11,344 | -€20,387 | -64.2% |
| Taxes | 450/3 | €31,731 | €11,344 | -€20,387 | -64.2% |
| Other amounts payable | 47/48 | €5,630 | €44,190 | +€38,560 | +685% |
| Accrued charges and deferred income | 492/3 | €117 | - | -€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,179 | €9,744 | +€565 | +6.2% |
| Other operating charges | 640/8 | €67 | €943 | +€875 | +1,297% |
| Non-recurring operating charges | 66A | €179 | - | -€179 | |
| Gross operating margin | 9900 | €36,682 | €44,307 | +€7,625 | +20.8% |
| Operating profit (loss) | 9901 | €27,257 | €33,620 | +€6,364 | +23.3% |
| Financial income | 75/76B | €1,776 | €647 | -€1,129 | -63.6% |
| Recurring financial income | 75 | €1,776 | €647 | -€1,129 | -63.6% |
| Financial charges | 65/66B | €1,050 | €6,538 | +€5,488 | +523% |
| Recurring financial charges | 65 | €1,050 | €6,538 | +€5,488 | +523% |
| Profit (loss) for the period before taxes | 9903 | €27,982 | €27,729 | -€253 | -0.9% |
| Income taxes | 67/77 | €10,680 | €11,015 | +€335 | +3.1% |
| Profit (loss) for the period | 9904 | €17,302 | €16,714 | -€588 | -3.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,302 | €16,714 | -€588 | -3.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.