STORM 90: 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 90
Largest movements
- Intangible fixed assets +€1.0m
up €1.0m (+180.5%), from €576,243 to €1.6m
- Tangible fixed assets +€610,525
new in 2025: €610,525
- Debts after one year +€1.3m
up €1.3m (+260.4%), from €493,426 to €1.8m
- Trade debts +€331,971
up €331,971 (+562.4%), from €59,023 to €390,994
- Accrued charges and deferred income +€52,786
up €52,786 (+175.7%), from €30,052 to €82,838
- Gross operating margin -€807
down €807 (-47.2%), from -€1,710 to -€2,517
- Other operating charges +€320
up €320 (+111.0%), from €288 to €607
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
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 | €584,340 | €2,250,637 | +€1.7m | +285.2% |
| Formation expenses | 20 | €766 | €511 | -€255 | -33.3% |
| Fixed assets | 21/28 | €576,243 | €2,226,657 | +€1.7m | +286.4% |
| Intangible fixed assets | 21 | €576,243 | €1,616,132 | +€1.0m | +180.5% |
| Tangible fixed assets | 22/27 | - | €610,525 | +€610,525 | |
| Assets under construction and advance payments | 27 | - | €610,525 | +€610,525 | |
| Current assets | 29/58 | €7,330 | €23,469 | +€16,139 | +220.2% |
| Amounts receivable within one year | 40/41 | €7,330 | €20,712 | +€13,382 | +182.6% |
| Other amounts receivable | 41 | €7,330 | €20,712 | +€13,382 | +182.6% |
| Cash at bank and in hand | 54/58 | - | €2,757 | +€2,757 | |
| Total equity and liabilities | 10/49 | €584,340 | €2,250,637 | +€1.7m | +285.2% |
| Equity | 10/15 | €1,839 | -€1,639 | -€3,478 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,361 | -€7,839 | -€3,478 | -79.8% |
| Amounts payable | 17/49 | €582,501 | €2,252,275 | +€1.7m | +286.7% |
| Amounts payable after more than one year | 17 | €493,426 | €1,778,443 | +€1.3m | +260.4% |
| Other amounts payable | 178/9 | €493,426 | €1,778,443 | +€1.3m | +260.4% |
| Amounts payable within one year | 42/48 | €59,023 | €390,994 | +€331,971 | +562.4% |
| Trade debts | 44 | €59,023 | €390,994 | +€331,971 | +562.4% |
| Suppliers | 440/4 | €59,023 | €390,994 | +€331,971 | +562.4% |
| Accrued charges and deferred income | 492/3 | €30,052 | €82,838 | +€52,786 | +175.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €255 | +€0 | 0.0% |
| Other operating charges | 640/8 | €288 | €607 | +€320 | +111.0% |
| Gross operating margin | 9900 | -€1,710 | -€2,517 | -€807 | -47.2% |
| Operating profit (loss) | 9901 | -€2,254 | -€3,380 | -€1,126 | -50.0% |
| Financial charges | 65/66B | €111 | €98 | -€14 | -12.1% |
| Recurring financial charges | 65 | €111 | €98 | -€14 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,365 | -€3,478 | -€1,113 | -47.1% |
| Profit (loss) for the period | 9904 | -€2,365 | -€3,478 | -€1,113 | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,365 | -€3,478 | -€1,113 | -47.1% |
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 10 October 2026 via checked.be.