STOKA: 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.
STOKA
Largest movements
- Receivables within one year -€69,760
down €69,760 (-50.9%), from €137,109 to €67,349
of which Trade receivables: -€60,620
- Tangible fixed assets +€16,959
up €16,959 (+30.8%), from €55,097 to €72,056
of which Furniture and vehicles: +€19,177
- Intangible fixed assets -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Cash -€4,505
down €4,505 (-98.6%), from €4,571 to €66
mainly Net result for the year (-€64,831) and Investment in fixed assets (net) (-€37,947)
- Deferred charges and accrued income -€3,742
down €3,742 (-47.3%), from €7,913 to €4,172
- Profit (loss) carried forward -€64,831
down €64,831 (-38.2%), from -€169,847 to -€234,677
- Other debts -€23,843
down €23,843 (-40.2%), from €59,377 to €35,534
- Debts after one year +€15,750
up €15,750 (+45.0%), from €35,000 to €50,750
- Trade debts -€2,313
down €2,313 (-3.1%), from €74,603 to €72,290
- Gross operating margin -€57,790
down €57,790, from €27,725 to -€30,065
- Depreciation +€2,970
up €2,970 (+10.6%), from €28,018 to €30,988
- Other operating charges +€1,568
up €1,568 (+89.2%), from €1,758 to €3,326
- Financial charges -€534
down €534 (-68.0%), from €785 to €251
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 | €214,691 | €143,642 | -€71,049 | -33.1% |
| Fixed assets | 21/28 | €65,097 | €72,056 | +€6,959 | +10.7% |
| Intangible fixed assets | 21 | €10,000 | €0 | -€10,000 | -100.0% |
| Tangible fixed assets | 22/27 | €55,097 | €72,056 | +€16,959 | +30.8% |
| Plant, machinery and equipment | 23 | €5,351 | €3,133 | -€2,218 | -41.5% |
| Furniture and vehicles | 24 | €49,746 | €68,923 | +€19,177 | +38.5% |
| Current assets | 29/58 | €149,594 | €71,586 | -€78,007 | -52.1% |
| Amounts receivable within one year | 40/41 | €137,109 | €67,349 | -€69,760 | -50.9% |
| Trade receivables | 40 | €97,853 | €37,234 | -€60,620 | -61.9% |
| Other amounts receivable | 41 | €39,256 | €30,116 | -€9,140 | -23.3% |
| Cash at bank and in hand | 54/58 | €4,571 | €66 | -€4,505 | -98.6% |
| Deferred charges and accrued income | 490/1 | €7,913 | €4,172 | -€3,742 | -47.3% |
| Total equity and liabilities | 10/49 | €214,691 | €143,642 | -€71,049 | -33.1% |
| Equity | 10/15 | €43,342 | -€21,489 | -€64,831 | |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €76,847 | €76,847 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,705 | €0 | -€34,705 | -100.0% |
| Reserves not available under the articles | 1311 | €34,705 | €0 | -€34,705 | -100.0% |
| Distributable reserves | 133 | €42,142 | €76,847 | +€34,705 | +82.4% |
| Profit (loss) carried forward | 14 | -€169,847 | -€234,677 | -€64,831 | -38.2% |
| Amounts payable | 17/49 | €171,349 | €165,131 | -€6,218 | -3.6% |
| Amounts payable after more than one year | 17 | €35,000 | €50,750 | +€15,750 | +45.0% |
| Financial debts | 170/4 | €35,000 | €50,750 | +€15,750 | +45.0% |
| Amounts payable within one year | 42/48 | €136,099 | €112,467 | -€23,633 | -17.4% |
| Financial debts | 43 | - | €1,118 | +€1,118 | |
| Credit institutions | 430/8 | - | €1,118 | +€1,118 | |
| Trade debts | 44 | €74,603 | €72,290 | -€2,313 | -3.1% |
| Suppliers | 440/4 | €74,603 | €72,290 | -€2,313 | -3.1% |
| Taxes, remuneration and social security | 45 | €2,119 | €3,524 | +€1,405 | +66.3% |
| Taxes | 450/3 | €2,119 | €3,524 | +€1,405 | +66.3% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €59,377 | €35,534 | -€23,843 | -40.2% |
| Accrued charges and deferred income | 492/3 | €250 | €1,915 | +€1,665 | +665.9% |
| Non-recurring operating income | 76A | - | €56,294 | +€56,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,018 | €30,988 | +€2,970 | +10.6% |
| Other operating charges | 640/8 | €1,758 | €3,326 | +€1,568 | +89.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €27,725 | -€30,065 | -€57,790 | |
| Operating profit (loss) | 9901 | -€2,052 | -€64,380 | -€62,328 | -3037.9% |
| Financial income | 75/76B | €8 | €14 | +€6 | +81.8% |
| Recurring financial income | 75 | €8 | €14 | +€6 | +81.8% |
| Financial charges | 65/66B | €785 | €251 | -€534 | -68.0% |
| Recurring financial charges | 65 | €785 | €251 | -€534 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,829 | -€64,617 | -€61,788 | -2184.1% |
| Income taxes | 67/77 | €219 | €214 | -€5 | -2.5% |
| Profit (loss) for the period | 9904 | -€3,048 | -€64,831 | -€61,782 | -2026.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,048 | -€64,831 | -€61,782 | -2026.7% |
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 11 October 2026 via checked.be.