Storm 15: 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.
Storm 15
Largest movements
- Receivables within one year -€30,436
down €30,436 (-32.1%), from €94,767 to €64,331
of which Trade receivables: -€30,598
- Intangible fixed assets +€19,382
up €19,382 (+10.5%), from €184,373 to €203,756
- Profit (loss) carried forward -€78,245
down €78,245 (-5.6%), from -€1.4m to -€1.5m
- Accrued charges and deferred income +€61,969
up €61,969 (+11.1%), from €555,961 to €617,930
- Debts after one year +€6,256
up €6,256 (+0.6%), from €1.1m to €1.1m
- Gross operating margin -€96,707
down €96,707, from €94,239 to -€2,468
- Other operating charges -€94,863
down €94,863 (-99.4%), from €95,470 to €607
- Depreciation -€42,766
down €42,766 (-36.3%), from €117,756 to €74,990
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €279,140 | €268,086 | -€11,054 | -4.0% |
| Fixed assets | 21/28 | €184,373 | €203,756 | +€19,382 | +10.5% |
| Intangible fixed assets | 21 | €184,373 | €203,756 | +€19,382 | +10.5% |
| Current assets | 29/58 | €94,767 | €64,331 | -€30,436 | -32.1% |
| Amounts receivable within one year | 40/41 | €94,767 | €64,331 | -€30,436 | -32.1% |
| Trade receivables | 40 | €94,758 | €64,160 | -€30,598 | -32.3% |
| Other amounts receivable | 41 | €9 | €171 | +€162 | +1,820% |
| Total equity and liabilities | 10/49 | €279,140 | €268,086 | -€11,054 | -4.0% |
| Equity | 10/15 | -€1,388,598 | -€1,466,842 | -€78,245 | -5.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,394,798 | -€1,473,042 | -€78,245 | -5.6% |
| Amounts payable | 17/49 | €1,667,738 | €1,734,929 | +€67,191 | +4.0% |
| Amounts payable after more than one year | 17 | €1,109,710 | €1,115,966 | +€6,256 | +0.6% |
| Other amounts payable | 178/9 | €1,109,710 | €1,115,966 | +€6,256 | +0.6% |
| Amounts payable within one year | 42/48 | €2,066 | €1,032 | -€1,034 | -50.0% |
| Trade debts | 44 | €2,066 | €1,032 | -€1,034 | -50.0% |
| Suppliers | 440/4 | €2,066 | €1,032 | -€1,034 | -50.0% |
| Accrued charges and deferred income | 492/3 | €555,961 | €617,930 | +€61,969 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €117,756 | €74,990 | -€42,766 | -36.3% |
| Other operating charges | 640/8 | €95,470 | €607 | -€94,863 | -99.4% |
| Gross operating margin | 9900 | €94,239 | -€2,468 | -€96,707 | |
| Operating profit (loss) | 9901 | -€118,988 | -€78,066 | +€40,922 | +34.4% |
| Financial charges | 65/66B | €45 | €179 | +€134 | +298% |
| Recurring financial charges | 65 | €45 | €179 | +€134 | +298% |
| Profit (loss) for the period before taxes | 9903 | -€119,033 | -€78,245 | +€40,788 | +34.3% |
| Profit (loss) for the period | 9904 | -€119,033 | -€78,245 | +€40,788 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€119,033 | -€78,245 | +€40,788 | +34.3% |
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.