Stolp Farm: what changed
Stolp Farm
Largest movements
- Receivables within one year +€264,890
up €264,890 (+4,203%), from €6,302 to €271,192
of which Other amounts receivable: +€255,403
- Intangible fixed assets +€186,091
up €186,091 (+2,231%), from €8,341 to €194,432
- Receivables after one year +€127,819
new in 2025: €127,819
- Cash -€110,197
down €110,197 (-69.7%), from €158,071 to €47,874
mainly Receivables within one year (-€264,890) and Investment in fixed assets (net) (-€244,337)
- Tangible fixed assets +€16,218
up €16,218 (+23.8%), from €68,218 to €84,436
of which Plant, machinery and equipment: +€25,962
- Debts after one year +€406,000
new in 2025: €406,000
- Contributions +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Other debts -€52,470
no longer reported in 2025 (was €52,470)
- Tax, wage and social debts +€19,583
up €19,583 (+87.2%), from €22,467 to €42,051
of which Remuneration and social security: +€17,953
- Trade debts +€16,243
up €16,243 (+44.3%), from €36,696 to €52,939
- Staff costs +€69,344
up €69,344 (+54.9%), from €126,366 to €195,710
- Depreciation +€32,140
up €32,140 (+335%), from €9,596 to €41,735
- Gross operating margin +€13,871
up €13,871 (+6.3%), from €220,846 to €234,717
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €243,146 | €728,211 | +€485,065 | +199% |
| Formation expenses | 20 | €553 | €1,796 | +€1,243 | +225% |
| Fixed assets | 21/28 | €77,834 | €279,192 | +€201,358 | +259% |
| Intangible fixed assets | 21 | €8,341 | €194,432 | +€186,091 | +2,231% |
| Tangible fixed assets | 22/27 | €68,218 | €84,436 | +€16,218 | +23.8% |
| Plant, machinery and equipment | 23 | €18,906 | €44,868 | +€25,962 | +137% |
| Furniture and vehicles | 24 | €49,312 | €39,568 | -€9,745 | -19.8% |
| Financial fixed assets | 28 | €1,275 | €325 | -€950 | -74.5% |
| Current assets | 29/58 | €164,759 | €447,222 | +€282,463 | +171% |
| Amounts receivable after more than one year | 29 | - | €127,819 | +€127,819 | |
| Other amounts receivable | 291 | - | €127,819 | +€127,819 | |
| Amounts receivable within one year | 40/41 | €6,302 | €271,192 | +€264,890 | +4,203% |
| Trade receivables | 40 | €6,290 | €15,777 | +€9,487 | +151% |
| Other amounts receivable | 41 | €12 | €255,415 | +€255,403 | +2,153,484% |
| Cash at bank and in hand | 54/58 | €158,071 | €47,874 | -€110,197 | -69.7% |
| Deferred charges and accrued income | 490/1 | €385 | €337 | -€49 | -12.6% |
| Total equity and liabilities | 10/49 | €243,146 | €728,211 | +€485,065 | +199% |
| Equity | 10/15 | €131,513 | €227,221 | +€95,708 | +72.8% |
| Contributions | 10/11 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Profit (loss) carried forward | 14 | -€68,487 | -€72,779 | -€4,292 | -6.3% |
| Amounts payable | 17/49 | €111,634 | €500,990 | +€389,356 | +349% |
| Amounts payable after more than one year | 17 | - | €406,000 | +€406,000 | |
| Financial debts | 170/4 | - | €406,000 | +€406,000 | |
| Amounts payable within one year | 42/48 | €111,634 | €94,990 | -€16,644 | -14.9% |
| Trade debts | 44 | €36,696 | €52,939 | +€16,243 | +44.3% |
| Suppliers | 440/4 | €36,696 | €52,939 | +€16,243 | +44.3% |
| Taxes, remuneration and social security | 45 | €22,467 | €42,051 | +€19,583 | +87.2% |
| Taxes | 450/3 | €3,078 | €4,708 | +€1,630 | +53.0% |
| Remuneration and social security | 454/9 | €19,389 | €37,343 | +€17,953 | +92.6% |
| Other amounts payable | 47/48 | €52,470 | - | -€52,470 | |
| Remuneration, social security and pensions | 62 | €126,366 | €195,710 | +€69,344 | +54.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,596 | €41,735 | +€32,140 | +335% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €220,846 | €234,717 | +€13,871 | +6.3% |
| Operating profit (loss) | 9901 | €84,357 | -€3,272 | -€87,629 | |
| Financial income | 75/76B | €106 | €0 | -€106 | -100.0% |
| Recurring financial income | 75 | €106 | €0 | -€106 | -100.0% |
| Financial charges | 65/66B | €149 | €161 | +€12 | +8.3% |
| Recurring financial charges | 65 | €149 | €161 | +€12 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €84,314 | -€3,433 | -€87,747 | |
| Profit (loss) for the period | 9904 | €84,314 | -€3,433 | -€87,747 | |
| Profit (loss) for the period to be appropriated | 9905 | €84,314 | -€3,433 | -€87,747 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.