STOKERS: 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.
STOKERS
Largest movements
- Cash -€512,405
down €512,405 (-79.4%), from €645,526 to €133,121
mainly Net result for the year (-€316,007) and Other debts (-€261,981)
- Tangible fixed assets -€161,830
down €161,830 (-8.6%), from €1.9m to €1.7m
of which Land and buildings: -€129,439
- Profit (loss) carried forward -€316,007
down €316,007 (-35.6%), from -€887,359 to -€1.2m
- Other debts -€261,981
down €261,981 (-10.9%), from €2.4m to €2.1m
- Debts after one year -€107,319
down €107,319 (-12.5%), from €856,135 to €748,816
- Gross operating margin -€532,666
down €532,666, from €451,727 to -€80,940
- Financial charges +€19,686
up €19,686 (+97.7%), from €20,157 to €39,843
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 | €2,533,249 | €1,873,844 | -€659,406 | -26.0% |
| Fixed assets | 21/28 | €1,875,621 | €1,712,660 | -€162,961 | -8.7% |
| Intangible fixed assets | 21 | €2,197 | €1,066 | -€1,131 | -51.5% |
| Tangible fixed assets | 22/27 | €1,872,874 | €1,711,044 | -€161,830 | -8.6% |
| Land and buildings | 22 | €1,782,779 | €1,653,340 | -€129,439 | -7.3% |
| Plant, machinery and equipment | 23 | €16,507 | €10,985 | -€5,523 | -33.5% |
| Furniture and vehicles | 24 | €73,588 | €46,719 | -€26,868 | -36.5% |
| Financial fixed assets | 28 | €550 | €550 | = | 0.0% |
| Current assets | 29/58 | €657,629 | €161,184 | -€496,445 | -75.5% |
| Amounts receivable within one year | 40/41 | €6,098 | €23,743 | +€17,645 | +289.4% |
| Trade receivables | 40 | €1,002 | €18,453 | +€17,451 | +1741.7% |
| Other amounts receivable | 41 | €5,096 | €5,291 | +€195 | +3.8% |
| Cash at bank and in hand | 54/58 | €645,526 | €133,121 | -€512,405 | -79.4% |
| Deferred charges and accrued income | 490/1 | €6,004 | €4,319 | -€1,685 | -28.1% |
| Total equity and liabilities | 10/49 | €2,533,249 | €1,873,844 | -€659,406 | -26.0% |
| Equity | 10/15 | -€825,859 | -€1,141,866 | -€316,007 | -38.3% |
| 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 | -€887,359 | -€1,203,366 | -€316,007 | -35.6% |
| Amounts payable | 17/49 | €3,359,108 | €3,015,709 | -€343,399 | -10.2% |
| Amounts payable after more than one year | 17 | €856,135 | €748,816 | -€107,319 | -12.5% |
| Financial debts | 170/4 | €856,135 | €748,816 | -€107,319 | -12.5% |
| Amounts payable within one year | 42/48 | €2,502,973 | €2,245,132 | -€257,841 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €97,113 | €99,105 | +€1,993 | +2.1% |
| Financial debts | 43 | €0 | €82 | +€82 | |
| Credit institutions | 430/8 | €0 | €82 | +€82 | |
| Trade debts | 44 | €10,865 | €12,746 | +€1,881 | +17.3% |
| Suppliers | 440/4 | €10,865 | €12,746 | +€1,881 | +17.3% |
| Taxes, remuneration and social security | 45 | €0 | €184 | +€184 | |
| Taxes | 450/3 | €0 | €184 | +€184 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,394,995 | €2,133,015 | -€261,981 | -10.9% |
| Accrued charges and deferred income | 492/3 | €0 | €21,762 | +€21,762 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,784 | €175,517 | +€733 | +0.4% |
| Other operating charges | 640/8 | €18,855 | €19,555 | +€700 | +3.7% |
| Gross operating margin | 9900 | €451,727 | -€80,940 | -€532,666 | |
| Operating profit (loss) | 9901 | €258,089 | -€276,011 | -€534,100 | |
| Financial income | 75/76B | €309 | €31 | -€278 | -89.9% |
| Recurring financial income | 75 | €309 | €31 | -€278 | -89.9% |
| Financial charges | 65/66B | €20,157 | €39,843 | +€19,686 | +97.7% |
| Recurring financial charges | 65 | €20,157 | €39,843 | +€19,686 | +97.7% |
| Profit (loss) for the period before taxes | 9903 | €238,241 | -€315,823 | -€554,064 | |
| Income taxes | 67/77 | - | €184 | +€184 | |
| Profit (loss) for the period | 9904 | €238,241 | -€316,007 | -€554,248 | |
| Profit (loss) for the period to be appropriated | 9905 | €238,241 | -€316,007 | -€554,248 |
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 30 September 2026 via checked.be.