STORCO: 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.
STORCO
Largest movements
- Tangible fixed assets -€660,236
down €660,236 (-29.2%), from €2.3m to €1.6m
of which Land and buildings: -€665,234
- Cash +€488,908
up €488,908 (+1,332%), from €36,693 to €525,601
mainly Investment in fixed assets (net) (+€574,244) and Depreciation (+€85,992)
- Other debts -€198,351
down €198,351 (-19.6%), from €1.0m to €813,405
- Reserves +€23,538
up €23,538 (+2.2%), from €1.0m to €1.1m
of which Distributable reserves: +€23,538
- Gross operating margin -€354,528
down €354,528 (-71.7%), from €494,180 to €139,653
- Depreciation -€23,248
down €23,248 (-21.3%), from €109,240 to €85,992
- Other operating charges +€15,179
up €15,179 (+176%), from €8,642 to €23,821
- Staff costs -€8,546
down €8,546 (-58.4%), from €14,622 to €6,076
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 | €2,301,422 | €2,129,938 | -€171,483 | -7.5% |
| Fixed assets | 21/28 | €2,264,574 | €1,604,338 | -€660,236 | -29.2% |
| Tangible fixed assets | 22/27 | €2,263,705 | €1,603,469 | -€660,236 | -29.2% |
| Land and buildings | 22 | €2,257,296 | €1,592,061 | -€665,234 | -29.5% |
| Furniture and vehicles | 24 | €6,410 | €11,408 | +€4,998 | +78.0% |
| Financial fixed assets | 28 | €868 | €868 | = | 0.0% |
| Current assets | 29/58 | €36,848 | €525,601 | +€488,753 | +1,326% |
| Amounts receivable within one year | 40/41 | €155 | - | -€155 | |
| Other amounts receivable | 41 | €155 | - | -€155 | |
| Cash at bank and in hand | 54/58 | €36,693 | €525,601 | +€488,908 | +1,332% |
| Total equity and liabilities | 10/49 | €2,301,422 | €2,129,938 | -€171,483 | -7.5% |
| Equity | 10/15 | €1,280,318 | €1,303,856 | +€23,538 | +1.8% |
| Contributions | 10/11 | €231,373 | €231,373 | = | 0.0% |
| Capital | 10 | €231,373 | €231,373 | = | 0.0% |
| Issued capital | 100 | €231,373 | €231,373 | = | 0.0% |
| Reserves | 13 | €1,048,945 | €1,072,483 | +€23,538 | +2.2% |
| Non-distributable reserves | 130/1 | €33,262 | €33,262 | = | 0.0% |
| Legal reserve | 130 | €33,262 | €33,262 | = | 0.0% |
| Distributable reserves | 133 | €1,015,683 | €1,039,221 | +€23,538 | +2.3% |
| Amounts payable | 17/49 | €1,021,104 | €826,082 | -€195,021 | -19.1% |
| Amounts payable within one year | 42/48 | €1,020,030 | €826,082 | -€193,948 | -19.0% |
| Trade debts | 44 | €4,372 | €12,677 | +€8,305 | +190% |
| Suppliers | 440/4 | €4,372 | €12,677 | +€8,305 | +190% |
| Taxes, remuneration and social security | 45 | €3,903 | - | -€3,903 | |
| Remuneration and social security | 454/9 | €3,903 | - | -€3,903 | |
| Other amounts payable | 47/48 | €1,011,756 | €813,405 | -€198,351 | -19.6% |
| Accrued charges and deferred income | 492/3 | €1,073 | - | -€1,073 | |
| Non-recurring operating income | 76A | €497,597 | €152,418 | -€345,179 | -69.4% |
| Remuneration, social security and pensions | 62 | €14,622 | €6,076 | -€8,546 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,240 | €85,992 | -€23,248 | -21.3% |
| Other operating charges | 640/8 | €8,642 | €23,821 | +€15,179 | +176% |
| Non-recurring operating charges | 66A | €20,000 | - | -€20,000 | |
| Gross operating margin | 9900 | €494,180 | €139,653 | -€354,528 | -71.7% |
| Operating profit (loss) | 9901 | €341,676 | €23,763 | -€317,913 | -93.0% |
| Financial charges | 65/66B | €242 | €225 | -€17 | -7.0% |
| Recurring financial charges | 65 | €242 | €225 | -€17 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €341,434 | €23,538 | -€317,896 | -93.1% |
| Profit (loss) for the period | 9904 | €341,434 | €23,538 | -€317,896 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €341,434 | €23,538 | -€317,896 | -93.1% |
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 13 October 2026 via checked.be.