STORAL: 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.
STORAL
Largest movements
- Current investments +€169,421
up €169,421 (+3.9%), from €4.3m to €4.5m
- Reserves +€156,289
up €156,289 (+5.5%), from €2.8m to €3.0m
of which Distributable reserves: +€156,289
- Financial income +€19,409
up €19,409 (+24.9%), from €77,912 to €97,321
- Financial charges -€9,377
down €9,377 (-14.5%), from €64,874 to €55,497
- Taxes +€4,308
up €4,308 (+8.9%), from €48,182 to €52,490
- Gross operating margin +€2,794
up €2,794 (+1.5%), from €184,075 to €186,869
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.
Derived cash bridge
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 | €4,609,616 | €4,735,815 | +€126,199 | +2.7% |
| Fixed assets | 21/28 | €156,812 | €156,812 | = | 0.0% |
| Tangible fixed assets | 22/27 | €156,812 | €156,812 | = | 0.0% |
| Land and buildings | 22 | €156,812 | €156,812 | = | 0.0% |
| Current assets | 29/58 | €4,452,804 | €4,579,003 | +€126,199 | +2.8% |
| Amounts receivable within one year | 40/41 | €44,802 | €46,860 | +€2,058 | +4.6% |
| Trade receivables | 40 | €29,592 | €31,279 | +€1,687 | +5.7% |
| Other amounts receivable | 41 | €15,210 | €15,581 | +€371 | +2.4% |
| Current investments | 50/53 | €4,346,761 | €4,516,182 | +€169,421 | +3.9% |
| Cash at bank and in hand | 54/58 | €55,507 | €15,961 | -€39,546 | -71.2% |
| Deferred charges and accrued income | 490/1 | €5,734 | - | -€5,734 | |
| Total equity and liabilities | 10/49 | €4,609,616 | €4,735,815 | +€126,199 | +2.7% |
| Equity | 10/15 | €4,035,716 | €4,192,005 | +€156,289 | +3.9% |
| Contributions | 10/11 | €1,190,000 | €1,190,000 | = | 0.0% |
| Capital | 10 | €1,190,000 | €1,190,000 | = | 0.0% |
| Issued capital | 100 | €1,190,000 | €1,190,000 | = | 0.0% |
| Revaluation surpluses | 12 | €8,287 | €8,287 | = | 0.0% |
| Reserves | 13 | €2,837,429 | €2,993,718 | +€156,289 | +5.5% |
| Non-distributable reserves | 130/1 | €119,000 | €119,000 | = | 0.0% |
| Legal reserve | 130 | €119,000 | €119,000 | = | 0.0% |
| Distributable reserves | 133 | €2,718,429 | €2,874,718 | +€156,289 | +5.7% |
| Amounts payable | 17/49 | €573,900 | €543,810 | -€30,090 | -5.2% |
| Amounts payable after more than one year | 17 | €475,000 | €475,000 | = | 0.0% |
| Financial debts | 170/4 | €475,000 | €475,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €36,257 | €48,381 | +€12,124 | +33.4% |
| Trade debts | 44 | €348 | €116 | -€232 | -66.7% |
| Suppliers | 440/4 | €348 | €116 | -€232 | -66.7% |
| Advances received on contracts in progress | 46 | €22,727 | €20,775 | -€1,952 | -8.6% |
| Taxes, remuneration and social security | 45 | €13,182 | €27,490 | +€14,308 | +109% |
| Taxes | 450/3 | €13,182 | €27,490 | +€14,308 | +109% |
| Accrued charges and deferred income | 492/3 | €62,643 | €20,429 | -€42,214 | -67.4% |
| Other operating charges | 640/8 | €20,807 | €19,914 | -€893 | -4.3% |
| Gross operating margin | 9900 | €184,075 | €186,869 | +€2,794 | +1.5% |
| Operating profit (loss) | 9901 | €163,268 | €166,955 | +€3,687 | +2.3% |
| Financial income | 75/76B | €77,912 | €97,321 | +€19,409 | +24.9% |
| Recurring financial income | 75 | €77,912 | €97,321 | +€19,409 | +24.9% |
| Financial charges | 65/66B | €64,874 | €55,497 | -€9,377 | -14.5% |
| Recurring financial charges | 65 | €64,874 | €55,497 | -€9,377 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €176,306 | €208,779 | +€32,473 | +18.4% |
| Income taxes | 67/77 | €48,182 | €52,490 | +€4,308 | +8.9% |
| Profit (loss) for the period | 9904 | €128,124 | €156,289 | +€28,165 | +22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €128,124 | €156,289 | +€28,165 | +22.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.