STORDEUR JACQUES: 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.
STORDEUR JACQUES
Largest movements
- Tangible fixed assets -€58,511
down €58,511 (-18.8%), from €311,430 to €252,919
- Cash -€21,988
down €21,988 (-22.9%), from €96,165 to €74,177
mainly Debts after one year (-€42,208) and Contributions, distributions and other (-€34,247)
- Receivables within one year +€8,227
up €8,227 (+19.3%), from €42,598 to €50,824
of which Trade receivables: +€10,489
- Current investments +€8,221
up €8,221 (+50.8%), from €16,198 to €24,419
- Debts after one year -€42,208
down €42,208 (-20.7%), from €203,776 to €161,569
- Reserves -€18,956
down €18,956 (-14.4%), from €131,599 to €112,643
of which Distributable reserves: -€17,971
- Other debts +€17,804
up €17,804 (+129%), from €13,847 to €31,651
- Current portion of long-term debt -€14,395
down €14,395 (-25.4%), from €56,603 to €42,208
- Tax, wage and social debts -€14,146
down €14,146 (-47.8%), from €29,605 to €15,460
of which Remuneration and social security: -€8,505
- Staff costs -€33,034
down €33,034 (-11.5%), from €287,765 to €254,731
- Gross operating margin -€13,453
down €13,453 (-3.7%), from €361,601 to €348,147
- Purchases and services +€11,782
up €11,782 (+3.3%), from €358,892 to €370,673
- Depreciation +€7,635
up €7,635 (+14.1%), from €54,001 to €61,637
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 | €473,864 | €409,534 | -€64,330 | -13.6% |
| Fixed assets | 21/28 | €311,430 | €252,919 | -€58,511 | -18.8% |
| Tangible fixed assets | 22/27 | €311,430 | €252,919 | -€58,511 | -18.8% |
| Land and buildings | 22 | €96,165 | €82,343 | -€13,822 | -14.4% |
| Plant, machinery and equipment | 23 | €23,216 | €21,993 | -€1,223 | -5.3% |
| Furniture and vehicles | 24 | €133,182 | €107,776 | -€25,406 | -19.1% |
| Leasing and similar rights | 25 | €43,875 | €28,816 | -€15,059 | -34.3% |
| Other tangible fixed assets | 26 | €14,992 | €11,992 | -€3,000 | -20.0% |
| Current assets | 29/58 | €162,434 | €156,615 | -€5,819 | -3.6% |
| Amounts receivable within one year | 40/41 | €42,598 | €50,824 | +€8,227 | +19.3% |
| Trade receivables | 40 | €39,809 | €50,298 | +€10,489 | +26.3% |
| Other amounts receivable | 41 | €2,789 | €526 | -€2,263 | -81.1% |
| Current investments | 50/53 | €16,198 | €24,419 | +€8,221 | +50.8% |
| Cash at bank and in hand | 54/58 | €96,165 | €74,177 | -€21,988 | -22.9% |
| Deferred charges and accrued income | 490/1 | €7,473 | €7,194 | -€279 | -3.7% |
| Total equity and liabilities | 10/49 | €473,864 | €409,534 | -€64,330 | -13.6% |
| Equity | 10/15 | €156,816 | €137,027 | -€19,789 | -12.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €131,599 | €112,643 | -€18,956 | -14.4% |
| Tax-exempt reserves | 132 | €2,871 | €1,886 | -€985 | -34.3% |
| Distributable reserves | 133 | €128,728 | €110,757 | -€17,971 | -14.0% |
| Profit (loss) carried forward | 14 | €3,189 | €2,700 | -€489 | -15.3% |
| Investment grants | 15 | €3,436 | €3,092 | -€344 | -10.0% |
| Provisions and deferred taxes | 16 | €718 | €471 | -€246 | -34.3% |
| Deferred taxes | 168 | €718 | €471 | -€246 | -34.3% |
| Amounts payable | 17/49 | €316,331 | €272,036 | -€44,294 | -14.0% |
| Amounts payable after more than one year | 17 | €203,776 | €161,569 | -€42,208 | -20.7% |
| Financial debts | 170/4 | €203,776 | €161,569 | -€42,208 | -20.7% |
| Amounts payable within one year | 42/48 | €112,554 | €110,468 | -€2,087 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €56,603 | €42,208 | -€14,395 | -25.4% |
| Trade debts | 44 | €12,500 | €21,149 | +€8,650 | +69.2% |
| Suppliers | 440/4 | €12,500 | €21,149 | +€8,650 | +69.2% |
| Taxes, remuneration and social security | 45 | €29,605 | €15,460 | -€14,146 | -47.8% |
| Taxes | 450/3 | €14,533 | €8,892 | -€5,641 | -38.8% |
| Remuneration and social security | 454/9 | €15,072 | €6,568 | -€8,505 | -56.4% |
| Other amounts payable | 47/48 | €13,847 | €31,651 | +€17,804 | +129% |
| Turnover | 70 | €710,293 | €710,249 | -€44 | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €358,892 | €370,673 | +€11,782 | +3.3% |
| Remuneration, social security and pensions | 62 | €287,765 | €254,731 | -€33,034 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,001 | €61,637 | +€7,635 | +14.1% |
| Other operating charges | 640/8 | €6,184 | €2,342 | -€3,841 | -62.1% |
| Gross operating margin | 9900 | €361,601 | €348,147 | -€13,453 | -3.7% |
| Operating profit (loss) | 9901 | €13,651 | €29,437 | +€15,786 | +116% |
| Financial income | 75/76B | €344 | €466 | +€122 | +35.6% |
| Recurring financial income | 75 | €344 | €466 | +€122 | +35.6% |
| Financial charges | 65/66B | €7,938 | €7,499 | -€439 | -5.5% |
| Recurring financial charges | 65 | €7,938 | €7,499 | -€439 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €6,056 | €22,404 | +€16,348 | +270% |
| Transfer from deferred taxes | 780 | €242 | €246 | +€4 | +1.8% |
| Income taxes | 67/77 | €2,827 | €8,193 | +€5,366 | +190% |
| Profit (loss) for the period | 9904 | €3,472 | €14,458 | +€10,986 | +316% |
| Transfer from tax-exempt reserves | 789 | €968 | €985 | +€17 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,440 | €15,443 | +€11,003 | +248% |
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 16 October 2026 via checked.be.