Storm 52: what changed
Two fiscal 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 52
Largest movements
- Intangible fixed assets +€216,710
up €216,710 (+261.4%), from €82,905 to €299,615
- Receivables within one year -€4,964
down €4,964 (-99.9%), from €4,968 to €4
of which Trade receivables: -€4,968
- Debts after one year +€274,680
up €274,680 (+144.1%), from €190,616 to €465,296
- Profit (loss) carried forward -€75,800
down €75,800 (-48.4%), from -€156,524 to -€232,324
- Accrued charges and deferred income +€20,587
up €20,587 (+53.1%), from €38,771 to €59,358
- Trade debts -€6,668
down €6,668 (-86.0%), from €7,757 to €1,089
- Depreciation +€33,216
up €33,216 (+82.7%), from €40,188 to €73,405
- Other operating charges -€4,951
down €4,951 (-89.1%), from €5,559 to €607
- Gross operating margin -€4,272
down €4,272, from €2,597 to -€1,675
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.
Cash bridge derived
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 | €87,873 | €299,619 | +€211,746 | +241.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €82,905 | €299,615 | +€216,710 | +261.4% |
| Intangible fixed assets | 21 | €82,905 | €299,615 | +€216,710 | +261.4% |
| Current assets | 29/58 | €4,968 | €4 | -€4,964 | -99.9% |
| Amounts receivable within one year | 40/41 | €4,968 | €4 | -€4,964 | -99.9% |
| Trade receivables | 40 | €4,968 | €0 | -€4,968 | -100.0% |
| Other amounts receivable | 41 | €0 | €4 | +€4 | |
| Total equity and liabilities | 10/49 | €87,873 | €299,619 | +€211,746 | +241.0% |
| Equity | 10/15 | -€150,324 | -€226,124 | -€75,800 | -50.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,524 | -€232,324 | -€75,800 | -48.4% |
| Amounts payable | 17/49 | €238,197 | €525,743 | +€287,546 | +120.7% |
| Amounts payable after more than one year | 17 | €190,616 | €465,296 | +€274,680 | +144.1% |
| Other amounts payable | 178/9 | €190,616 | €465,296 | +€274,680 | +144.1% |
| Amounts payable within one year | 42/48 | €8,811 | €1,089 | -€7,722 | -87.6% |
| Trade debts | 44 | €7,757 | €1,089 | -€6,668 | -86.0% |
| Suppliers | 440/4 | €7,757 | €1,089 | -€6,668 | -86.0% |
| Taxes, remuneration and social security | 45 | €1,054 | €0 | -€1,054 | -100.0% |
| Taxes | 450/3 | €1,054 | €0 | -€1,054 | -100.0% |
| Accrued charges and deferred income | 492/3 | €38,771 | €59,358 | +€20,587 | +53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,188 | €73,405 | +€33,216 | +82.7% |
| Other operating charges | 640/8 | €5,559 | €607 | -€4,951 | -89.1% |
| Gross operating margin | 9900 | €2,597 | -€1,675 | -€4,272 | |
| Operating profit (loss) | 9901 | -€43,150 | -€75,687 | -€32,537 | -75.4% |
| Financial charges | 65/66B | €111 | €113 | +€1 | +1.3% |
| Recurring financial charges | 65 | €111 | €113 | +€1 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | -€43,261 | -€75,800 | -€32,538 | -75.2% |
| Profit (loss) for the period | 9904 | -€43,261 | -€75,800 | -€32,538 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,261 | -€75,800 | -€32,538 | -75.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.