Stoclet: 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.
Stoclet
Largest movements
- Receivables within one year -€405,296
down €405,296 (-61.1%), from €663,394 to €258,098
of which Trade receivables: -€404,313
- Tangible fixed assets -€223,044
down €223,044 (-1.7%), from €13.0m to €12.7m
- Trade debts -€457,161
down €457,161 (-63.7%), from €718,148 to €260,987
- Short-term financial debts -€318,436
down €318,436 (-2.3%), from €14.0m to €13.7m
- Accrued charges and deferred income +€208,715
up €208,715 (+37561.6%), from €556 to €209,270
- Financial charges -€191,705
down €191,705 (-30.2%), from €634,927 to €443,223
- Other operating charges +€48,295
up €48,295 (+14.7%), from €327,782 to €376,077
- Write-downs -€34,142
no longer reported in 2025 (was €34,142)
- Gross operating margin +€33,478
up €33,478 (+3.3%), from €1.0m to €1.0m
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 | €13,777,060 | €13,140,757 | -€636,303 | -4.6% |
| Fixed assets | 21/28 | €12,965,270 | €12,742,226 | -€223,044 | -1.7% |
| Tangible fixed assets | 22/27 | €12,965,270 | €12,742,226 | -€223,044 | -1.7% |
| Land and buildings | 22 | €12,965,270 | €12,742,226 | -€223,044 | -1.7% |
| Current assets | 29/58 | €811,790 | €398,531 | -€413,259 | -50.9% |
| Amounts receivable within one year | 40/41 | €663,394 | €258,098 | -€405,296 | -61.1% |
| Trade receivables | 40 | €662,411 | €258,098 | -€404,313 | -61.0% |
| Other amounts receivable | 41 | €983 | - | -€983 | |
| Cash at bank and in hand | 54/58 | €71,675 | €75,772 | +€4,097 | +5.7% |
| Deferred charges and accrued income | 490/1 | €76,722 | €64,661 | -€12,061 | -15.7% |
| Total equity and liabilities | 10/49 | €13,777,060 | €13,140,757 | -€636,303 | -4.6% |
| Equity | 10/15 | -€958,079 | -€1,014,041 | -€55,963 | -5.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,019,579 | -€1,075,541 | -€55,963 | -5.5% |
| Amounts payable | 17/49 | €14,735,138 | €14,154,799 | -€580,340 | -3.9% |
| Amounts payable after more than one year | 17 | €2,450 | €250 | -€2,200 | -89.8% |
| Other amounts payable | 178/9 | €2,450 | €250 | -€2,200 | -89.8% |
| Amounts payable within one year | 42/48 | €14,732,133 | €13,945,278 | -€786,854 | -5.3% |
| Financial debts | 43 | €13,995,000 | €13,676,564 | -€318,436 | -2.3% |
| Other loans | 439 | €13,995,000 | €13,676,564 | -€318,436 | -2.3% |
| Trade debts | 44 | €718,148 | €260,987 | -€457,161 | -63.7% |
| Suppliers | 440/4 | €718,148 | €260,987 | -€457,161 | -63.7% |
| Other amounts payable | 47/48 | €18,985 | €7,728 | -€11,257 | -59.3% |
| Accrued charges and deferred income | 492/3 | €556 | €209,270 | +€208,715 | +37561.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,297 | €277,297 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €34,142 | - | -€34,142 | |
| Other operating charges | 640/8 | €327,782 | €376,077 | +€48,295 | +14.7% |
| Gross operating margin | 9900 | €1,007,155 | €1,040,634 | +€33,478 | +3.3% |
| Operating profit (loss) | 9901 | €367,935 | €387,260 | +€19,325 | +5.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Financial charges | 65/66B | €634,927 | €443,223 | -€191,705 | -30.2% |
| Recurring financial charges | 65 | €634,927 | €443,223 | -€191,705 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | -€266,992 | -€55,963 | +€211,029 | +79.0% |
| Profit (loss) for the period | 9904 | -€266,992 | -€55,963 | +€211,029 | +79.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€266,992 | -€55,963 | +€211,029 | +79.0% |
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 3 October 2026 via checked.be.