Storm Courrière: 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 Courrière
Largest movements
- Tangible fixed assets -€849,980
down €849,980 (-5.3%), from €16.0m to €15.2m
- Receivables within one year +€374,193
up €374,193 (+52.4%), from €714,605 to €1.1m
of which Trade receivables: +€374,063
- Intangible fixed assets -€296,227
down €296,227 (-43.1%), from €687,342 to €391,115
- Debts after one year -€927,090
down €927,090 (-6.2%), from €15.0m to €14.1m
- Reserves +€878,870
up €878,870 (+113%), from €777,379 to €1.7m
of which Distributable reserves: +€834,926
- Current portion of long-term debt -€804,864
down €804,864 (-50.1%), from €1.6m to €801,588
- Gross operating margin -€726,415
down €726,415 (-21.5%), from €3.4m to €2.7m
- Financial charges -€115,489
down €115,489 (-16.5%), from €699,924 to €584,435
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 | €18,693,014 | €17,760,736 | -€932,279 | -5.0% |
| Fixed assets | 21/28 | €16,730,094 | €15,583,887 | -€1.1m | -6.9% |
| Intangible fixed assets | 21 | €687,342 | €391,115 | -€296,227 | -43.1% |
| Tangible fixed assets | 22/27 | €16,042,753 | €15,192,772 | -€849,980 | -5.3% |
| Plant, machinery and equipment | 23 | €16,042,753 | €15,192,772 | -€849,980 | -5.3% |
| Current assets | 29/58 | €1,962,920 | €2,176,849 | +€213,929 | +10.9% |
| Amounts receivable within one year | 40/41 | €714,605 | €1,088,798 | +€374,193 | +52.4% |
| Trade receivables | 40 | €714,035 | €1,088,098 | +€374,063 | +52.4% |
| Other amounts receivable | 41 | €570 | €700 | +€130 | +22.8% |
| Cash at bank and in hand | 54/58 | €1,217,941 | €1,047,315 | -€170,626 | -14.0% |
| Deferred charges and accrued income | 490/1 | €30,374 | €40,735 | +€10,362 | +34.1% |
| Total equity and liabilities | 10/49 | €18,693,014 | €17,760,736 | -€932,279 | -5.0% |
| Equity | 10/15 | €1,920,238 | €2,799,107 | +€878,870 | +45.8% |
| Contributions | 10/11 | €1,142,858 | €1,142,858 | = | 0.0% |
| Capital | 10 | €1,142,858 | €1,142,858 | = | 0.0% |
| Issued capital | 100 | €1,142,858 | €1,142,858 | = | 0.0% |
| Reserves | 13 | €777,379 | €1,656,249 | +€878,870 | +113% |
| Non-distributable reserves | 130/1 | €38,869 | €82,812 | +€43,943 | +113% |
| Legal reserve | 130 | €38,869 | €82,812 | +€43,943 | +113% |
| Distributable reserves | 133 | €738,510 | €1,573,436 | +€834,926 | +113% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €16,772,776 | €14,961,628 | -€1.8m | -10.8% |
| Amounts payable after more than one year | 17 | €15,025,977 | €14,098,887 | -€927,090 | -6.2% |
| Financial debts | 170/4 | €15,025,977 | €14,098,887 | -€927,090 | -6.2% |
| Amounts payable within one year | 42/48 | €1,702,309 | €843,545 | -€858,765 | -50.4% |
| Current portion of amounts payable after more than one year | 42 | €1,606,452 | €801,588 | -€804,864 | -50.1% |
| Trade debts | 44 | €77,988 | €5,810 | -€72,178 | -92.6% |
| Suppliers | 440/4 | €77,988 | €5,810 | -€72,178 | -92.6% |
| Taxes, remuneration and social security | 45 | €17,869 | €36,147 | +€18,278 | +102% |
| Taxes | 450/3 | €17,869 | €36,147 | +€18,278 | +102% |
| Accrued charges and deferred income | 492/3 | €44,490 | €19,197 | -€25,293 | -56.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,146,940 | €1,133,022 | -€13,918 | -1.2% |
| Other operating charges | 640/8 | €56,773 | €57,998 | +€1,225 | +2.2% |
| Gross operating margin | 9900 | €3,380,739 | €2,654,324 | -€726,415 | -21.5% |
| Operating profit (loss) | 9901 | €2,177,026 | €1,463,304 | -€713,722 | -32.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €699,924 | €584,435 | -€115,489 | -16.5% |
| Recurring financial charges | 65 | €699,924 | €584,435 | -€115,489 | -16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,477,102 | €878,870 | -€598,232 | -40.5% |
| Profit (loss) for the period | 9904 | €1,477,102 | €878,870 | -€598,232 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,477,102 | €878,870 | -€598,232 | -40.5% |
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 30 October 2026 via checked.be.