STOCO: 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.
STOCO
Largest movements
- Tangible fixed assets -€7,678
down €7,678 (-5.0%), from €152,729 to €145,051
of which Land and buildings: -€6,518
- Receivables within one year +€6,670
up €6,670 (+29.2%), from €22,831 to €29,501
of which Trade receivables: +€15,131
- Cash -€5,878
down €5,878 (-53.6%), from €10,966 to €5,089
mainly Debts after one year (-€23,489) and Receivables within one year (-€6,670)
- Debts after one year -€23,489
down €23,489 (-33.7%), from €69,652 to €46,163
- Reserves +€11,325
up €11,325 (+42.1%), from €26,916 to €38,241
of which Distributable reserves: +€11,325
- Tax, wage and social debts +€4,136
up €4,136 (+166.9%), from €2,478 to €6,615
- Other debts +€3,417
up €3,417 (+46.0%), from €7,425 to €10,842
- Accrued charges and deferred income -€2,342
no longer reported in 2025 (was €2,342)
- Gross operating margin +€5,858
up €5,858 (+25.6%), from €22,875 to €28,733
- Taxes +€1,662
up €1,662 (+67.2%), from €2,474 to €4,136
- Financial charges -€603
down €603 (-15.7%), from €3,849 to €3,247
- Depreciation -€310
down €310 (-3.9%), from €7,988 to €7,678
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 | €187,557 | €181,718 | -€5,840 | -3.1% |
| Fixed assets | 21/28 | €152,729 | €145,051 | -€7,678 | -5.0% |
| Tangible fixed assets | 22/27 | €152,729 | €145,051 | -€7,678 | -5.0% |
| Land and buildings | 22 | €148,936 | €142,418 | -€6,518 | -4.4% |
| Plant, machinery and equipment | 23 | €2,685 | €1,968 | -€717 | -26.7% |
| Furniture and vehicles | 24 | €1,107 | €664 | -€443 | -40.0% |
| Current assets | 29/58 | €34,829 | €36,667 | +€1,838 | +5.3% |
| Amounts receivable within one year | 40/41 | €22,831 | €29,501 | +€6,670 | +29.2% |
| Trade receivables | 40 | €2,046 | €17,178 | +€15,131 | +739.4% |
| Other amounts receivable | 41 | €20,784 | €12,323 | -€8,461 | -40.7% |
| Cash at bank and in hand | 54/58 | €10,966 | €5,089 | -€5,878 | -53.6% |
| Deferred charges and accrued income | 490/1 | €1,032 | €2,078 | +€1,046 | +101.4% |
| Total equity and liabilities | 10/49 | €187,557 | €181,718 | -€5,840 | -3.1% |
| Equity | 10/15 | €88,916 | €100,424 | +€11,508 | +12.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | - | €62,000 | +€62,000 | |
| Other | 1109/19 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €26,916 | €38,241 | +€11,325 | +42.1% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €25,016 | €36,341 | +€11,325 | +45.3% |
| Profit (loss) carried forward | 14 | - | €183 | +€183 | |
| Amounts payable | 17/49 | €98,641 | €81,293 | -€17,348 | -17.6% |
| Amounts payable after more than one year | 17 | €69,652 | €46,163 | -€23,489 | -33.7% |
| Financial debts | 170/4 | €69,652 | €46,163 | -€23,489 | -33.7% |
| Amounts payable within one year | 42/48 | €26,647 | €35,130 | +€8,483 | +31.8% |
| Current portion of amounts payable after more than one year | 42 | €16,744 | €17,673 | +€929 | +5.6% |
| Taxes, remuneration and social security | 45 | €2,478 | €6,615 | +€4,136 | +166.9% |
| Taxes | 450/3 | €2,478 | €6,615 | +€4,136 | +166.9% |
| Other amounts payable | 47/48 | €7,425 | €10,842 | +€3,417 | +46.0% |
| Accrued charges and deferred income | 492/3 | €2,342 | - | -€2,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,988 | €7,678 | -€310 | -3.9% |
| Other operating charges | 640/8 | €2,478 | €2,366 | -€112 | -4.5% |
| Gross operating margin | 9900 | €22,875 | €28,733 | +€5,858 | +25.6% |
| Operating profit (loss) | 9901 | €12,409 | €18,689 | +€6,280 | +50.6% |
| Financial income | 75/76B | €9 | €19 | +€10 | +113.2% |
| Recurring financial income | 75 | €9 | €19 | +€10 | +113.2% |
| Financial charges | 65/66B | €3,849 | €3,247 | -€603 | -15.7% |
| Recurring financial charges | 65 | €3,849 | €3,247 | -€603 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €8,568 | €15,461 | +€6,893 | +80.5% |
| Income taxes | 67/77 | €2,474 | €4,136 | +€1,662 | +67.2% |
| Profit (loss) for the period | 9904 | €6,094 | €11,325 | +€5,231 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,094 | €11,325 | +€5,231 | +85.8% |
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 28 September 2026 via checked.be.