STORE: 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.
STORE
Largest movements
- Cash -€54,067
down €54,067 (-88.9%), from €60,852 to €6,785
mainly Other debts (-€48,750) and Investment in fixed assets (net) (-€44,175)
- Receivables within one year -€20,753
down €20,753 (-20.8%), from €99,999 to €79,246
of which Trade receivables: -€19,040
- Tangible fixed assets +€12,028
up €12,028 (+4.2%), from €284,268 to €296,295
of which Land and buildings: +€17,246
- Other debts -€48,750
down €48,750 (-18.5%), from €263,051 to €214,301
- Short-term financial debts +€43,235
up €43,235 (+28.8%), from €150,328 to €193,564
- Debts after one year -€29,163
down €29,163 (-27.4%), from €106,416 to €77,253
- Trade debts -€19,480
down €19,480 (-28.0%), from €69,657 to €50,177
- Reserves -€10,137
down €10,137 (-10.2%), from €99,707 to €89,570
of which Distributable reserves: -€10,137
- Gross operating margin -€28,083
down €28,083 (-12.1%), from €233,045 to €204,962
- Staff costs +€7,436
up €7,436 (+6.2%), from €119,134 to €126,571
- Taxes -€4,429
down €4,429 (-96.9%), from €4,571 to €143
- Financial charges -€3,717
down €3,717 (-8.0%), from €46,600 to €42,883
- Depreciation -€2,963
down €2,963 (-8.4%), from €35,111 to €32,148
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 | €907,678 | €839,846 | -€67,832 | -7.5% |
| Fixed assets | 21/28 | €284,268 | €296,295 | +€12,028 | +4.2% |
| Tangible fixed assets | 22/27 | €284,268 | €296,295 | +€12,028 | +4.2% |
| Land and buildings | 22 | €223,772 | €241,018 | +€17,246 | +7.7% |
| Plant, machinery and equipment | 23 | €57,159 | €54,711 | -€2,447 | -4.3% |
| Furniture and vehicles | 24 | €1,086 | €566 | -€519 | -47.8% |
| Leasing and similar rights | 25 | €1,658 | - | -€1,658 | |
| Assets under construction and advance payments | 27 | €594 | - | -€594 | |
| Current assets | 29/58 | €623,411 | €543,551 | -€79,860 | -12.8% |
| Stocks and contracts in progress | 3 | €462,560 | €457,520 | -€5,040 | -1.1% |
| Stocks | 30/36 | €329,440 | €333,160 | +€3,720 | +1.1% |
| Contracts in progress | 37 | €133,120 | €124,360 | -€8,760 | -6.6% |
| Amounts receivable within one year | 40/41 | €99,999 | €79,246 | -€20,753 | -20.8% |
| Trade receivables | 40 | €96,213 | €77,173 | -€19,040 | -19.8% |
| Other amounts receivable | 41 | €3,787 | €2,073 | -€1,714 | -45.3% |
| Cash at bank and in hand | 54/58 | €60,852 | €6,785 | -€54,067 | -88.9% |
| Total equity and liabilities | 10/49 | €907,678 | €839,846 | -€67,832 | -7.5% |
| Equity | 10/15 | €236,707 | €226,570 | -€10,137 | -4.3% |
| Contributions | 10/11 | €137,000 | €137,000 | = | 0.0% |
| Capital | 10 | €137,000 | €137,000 | = | 0.0% |
| Issued capital | 100 | €137,000 | €137,000 | = | 0.0% |
| Reserves | 13 | €99,707 | €89,570 | -€10,137 | -10.2% |
| Non-distributable reserves | 130/1 | €13,700 | €13,700 | = | 0.0% |
| Legal reserve | 130 | €13,700 | €13,700 | = | 0.0% |
| Distributable reserves | 133 | €86,007 | €75,870 | -€10,137 | -11.8% |
| Amounts payable | 17/49 | €670,971 | €613,276 | -€57,696 | -8.6% |
| Amounts payable after more than one year | 17 | €106,416 | €77,253 | -€29,163 | -27.4% |
| Financial debts | 170/4 | €106,416 | €77,253 | -€29,163 | -27.4% |
| Amounts payable within one year | 42/48 | €563,839 | €534,144 | -€29,695 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €25,386 | €27,587 | +€2,201 | +8.7% |
| Financial debts | 43 | €150,328 | €193,564 | +€43,235 | +28.8% |
| Credit institutions | 430/8 | €150,328 | €193,564 | +€43,235 | +28.8% |
| Trade debts | 44 | €69,657 | €50,177 | -€19,480 | -28.0% |
| Suppliers | 440/4 | €69,657 | €50,177 | -€19,480 | -28.0% |
| Taxes, remuneration and social security | 45 | €55,416 | €48,515 | -€6,902 | -12.5% |
| Taxes | 450/3 | €20,120 | €15,133 | -€4,987 | -24.8% |
| Remuneration and social security | 454/9 | €35,296 | €33,382 | -€1,915 | -5.4% |
| Other amounts payable | 47/48 | €263,051 | €214,301 | -€48,750 | -18.5% |
| Accrued charges and deferred income | 492/3 | €716 | €1,878 | +€1,162 | +162% |
| Non-recurring operating income | 76A | - | €1,600 | +€1,600 | |
| Remuneration, social security and pensions | 62 | €119,134 | €126,571 | +€7,436 | +6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,111 | €32,148 | -€2,963 | -8.4% |
| Other operating charges | 640/8 | €14,730 | €13,379 | -€1,351 | -9.2% |
| Gross operating margin | 9900 | €233,045 | €204,962 | -€28,083 | -12.1% |
| Operating profit (loss) | 9901 | €64,069 | €32,865 | -€31,204 | -48.7% |
| Financial income | 75/76B | €296 | €24 | -€272 | -91.9% |
| Recurring financial income | 75 | €296 | €24 | -€272 | -91.9% |
| Financial charges | 65/66B | €46,600 | €42,883 | -€3,717 | -8.0% |
| Recurring financial charges | 65 | €46,600 | €42,883 | -€3,717 | -8.0% |
| Profit (loss) for the period before taxes | 9903 | €17,766 | -€9,994 | -€27,760 | |
| Income taxes | 67/77 | €4,571 | €143 | -€4,429 | -96.9% |
| Profit (loss) for the period | 9904 | €13,195 | -€10,137 | -€23,331 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,195 | -€10,137 | -€23,331 |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.