Stok: 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.
What changed
Stok
NACE 43.120, Site preparation
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€129,336
2024 · €128,887+€449
Equity
€1.5m
2024 · €1.6m-€119,664
Cash
€153,368
2024 · €164,511-€11,143
Balance sheet total
€2.2m
2024 · €2.5m-€228,133
Largest movements
Assets
- Current investments -€400,000
down €400,000 (-54.2%), from €738,000 to €338,000
- Tangible fixed assets +€159,470
up €159,470 (+25.9%), from €616,061 to €775,531
of which Leasing and similar rights: +€296,222
- Receivables within one year +€29,141
up €29,141 (+3.1%), from €950,566 to €979,707
of which Trade receivables: +€65,661
Equity and liabilities
- Trade debts -€358,295
down €358,295 (-60.2%), from €594,911 to €236,615
- Debts after one year +€215,319
up €215,319 (+167.3%), from €128,720 to €344,039
- Reserves -€120,875
down €120,875 (-11.3%), from €1.1m to €944,642
of which Distributable reserves: -€119,000
Income statement
- Gross operating margin +€95,743
up €95,743 (+8.8%), from €1.1m to €1.2m
- Staff costs +€72,690
up €72,690 (+10.2%), from €716,032 to €788,722
- Depreciation +€26,893
up €26,893 (+16.6%), from €162,005 to €188,898
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.
Result 2024
€128,887
Gross operating margin
+€95,743
Staff costs
-€72,690
Depreciation
-€26,893
Other operating charges
-€5,793
Financial income
+€4,391
Financial charges
-€2,202
Taxes
+€7,892
Result 2025
€129,336
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.
From operations
-€51,365
Investment
+€51,632
Financing
-€11,410
Cash 2024
€164,511
From operations (derived)
-€51,365
Net result for the year
+€129,336
Depreciation
+€188,898
Receivables within one year
-€29,141
Deferred charges and accrued income
+€5,601
Provisions
-€625
Trade debts
-€358,295
Tax, wage and social debts
+€9,297
Other debts
+€3,564
Investment (derived)
+€51,632
Investment in fixed assets (net)
-€348,368
Current investments
+€400,000
Financing
-€11,410
Debts after one year
+€215,319
Current portion of long-term debt
+€22,271
Contributions, distributions and other
-€249,000
Cash 2025
€153,368
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,477,858 | €2,249,726 | -€228,133 | -9.2% |
| Fixed assets | 21/28 | €616,061 | €775,531 | +€159,470 | +25.9% |
| Tangible fixed assets | 22/27 | €616,061 | €775,531 | +€159,470 | +25.9% |
| Land and buildings | 22 | €84,110 | €83,712 | -€398 | -0.5% |
| Plant, machinery and equipment | 23 | €215,450 | €152,729 | -€62,720 | -29.1% |
| Furniture and vehicles | 24 | €277,674 | €204,041 | -€73,633 | -26.5% |
| Leasing and similar rights | 25 | €38,827 | €335,049 | +€296,222 | +762.9% |
| Current assets | 29/58 | €1,861,797 | €1,474,195 | -€387,603 | -20.8% |
| Amounts receivable within one year | 40/41 | €950,566 | €979,707 | +€29,141 | +3.1% |
| Trade receivables | 40 | €879,856 | €945,518 | +€65,661 | +7.5% |
| Other amounts receivable | 41 | €70,709 | €34,189 | -€36,520 | -51.6% |
| Current investments | 50/53 | €738,000 | €338,000 | -€400,000 | -54.2% |
| Cash at bank and in hand | 54/58 | €164,511 | €153,368 | -€11,143 | -6.8% |
| Deferred charges and accrued income | 490/1 | €8,721 | €3,120 | -€5,601 | -64.2% |
| Total equity and liabilities | 10/49 | €2,477,858 | €2,249,726 | -€228,133 | -9.2% |
| Equity | 10/15 | €1,610,923 | €1,491,258 | -€119,664 | -7.4% |
| Contributions | 10/11 | €128,905 | €128,905 | = | 0.0% |
| Capital | 10 | €128,905 | €128,905 | = | 0.0% |
| Issued capital | 100 | €128,905 | €128,905 | = | 0.0% |
| Reserves | 13 | €1,065,517 | €944,642 | -€120,875 | -11.3% |
| Non-distributable reserves | 130/1 | €245,511 | €245,511 | = | 0.0% |
| Legal reserve | 130 | €12,890 | €12,890 | = | 0.0% |
| Own shares acquired | 1312 | €188,000 | €188,000 | = | 0.0% |
| Other | 1319 | €44,621 | €44,621 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,156 | €35,281 | -€1,875 | -5.0% |
| Distributable reserves | 133 | €782,850 | €663,850 | -€119,000 | -15.2% |
| Profit (loss) carried forward | 14 | €416,501 | €417,712 | +€1,211 | +0.3% |
| Provisions and deferred taxes | 16 | €2,385 | €1,760 | -€625 | -26.2% |
| Deferred taxes | 168 | €2,385 | €1,760 | -€625 | -26.2% |
| Amounts payable | 17/49 | €864,551 | €756,707 | -€107,844 | -12.5% |
| Amounts payable after more than one year | 17 | €128,720 | €344,039 | +€215,319 | +167.3% |
| Financial debts | 170/4 | €128,720 | €344,039 | +€215,319 | +167.3% |
| Amounts payable within one year | 42/48 | €735,831 | €412,668 | -€323,163 | -43.9% |
| Current portion of amounts payable after more than one year | 42 | €84,647 | €106,918 | +€22,271 | +26.3% |
| Trade debts | 44 | €594,911 | €236,615 | -€358,295 | -60.2% |
| Suppliers | 440/4 | €594,911 | €236,615 | -€358,295 | -60.2% |
| Taxes, remuneration and social security | 45 | €51,070 | €60,367 | +€9,297 | +18.2% |
| Taxes | 450/3 | €16,565 | €21,527 | +€4,962 | +30.0% |
| Remuneration and social security | 454/9 | €34,505 | €38,840 | +€4,335 | +12.6% |
| Other amounts payable | 47/48 | €5,204 | €8,768 | +€3,564 | +68.5% |
| Remuneration, social security and pensions | 62 | €716,032 | €788,722 | +€72,690 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,005 | €188,898 | +€26,893 | +16.6% |
| Other operating charges | 640/8 | €20,100 | €25,893 | +€5,793 | +28.8% |
| Gross operating margin | 9900 | €1,085,067 | €1,180,810 | +€95,743 | +8.8% |
| Operating profit (loss) | 9901 | €186,929 | €177,297 | -€9,632 | -5.2% |
| Financial income | 75/76B | €8,271 | €12,662 | +€4,391 | +53.1% |
| Recurring financial income | 75 | €8,271 | €12,662 | +€4,391 | +53.1% |
| Financial charges | 65/66B | €10,340 | €12,542 | +€2,202 | +21.3% |
| Recurring financial charges | 65 | €10,340 | €12,542 | +€2,202 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €184,860 | €177,417 | -€7,443 | -4.0% |
| Transfer from deferred taxes | 780 | €625 | €625 | = | 0.0% |
| Income taxes | 67/77 | €56,598 | €48,706 | -€7,892 | -13.9% |
| Profit (loss) for the period | 9904 | €128,887 | €129,336 | +€449 | +0.3% |
| Transfer from tax-exempt reserves | 789 | €1,875 | €1,875 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €130,762 | €131,211 | +€449 | +0.3% |
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 9 October 2026 via checked.be.