STORM GENT: 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 GENT
Largest movements
- Current investments -€2.5m
down €2.5m (-100%), from €2.5m to €0
- Tangible fixed assets -€970,204
down €970,204 (-14.1%), from €6.9m to €5.9m
- Cash +€520,188
up €520,188 (+1,067%), from €48,742 to €568,930
mainly Current investments (+€2.5m) and Depreciation (+€970,204)
- Receivables within one year -€169,797
down €169,797 (-16.6%), from €1.0m to €853,124
of which Trade receivables: -€169,783
- Reserves -€1.7m
down €1.7m (-97.0%), from €1.7m to €51,951
of which Distributable reserves: -€1.7m
- Debts after one year -€975,740
down €975,740 (-16.1%), from €6.0m to €5.1m
- Short-term financial debts -€482,322
down €482,322 (-100%), from €482,322 to €0
- Gross operating margin -€828,351
down €828,351 (-45.2%), from €1.8m to €1.0m
- Taxes -€135,362
down €135,362 (-84.2%), from €160,690 to €25,328
- Financial income -€36,066
down €36,066 (-57.3%), from €62,916 to €26,850
- Financial charges -€32,553
down €32,553 (-14.4%), from €226,195 to €193,642
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 | €10,504,933 | €7,373,146 | -€3.1m | -29.8% |
| Fixed assets | 21/28 | €6,871,386 | €5,901,182 | -€970,204 | -14.1% |
| Tangible fixed assets | 22/27 | €6,871,386 | €5,901,182 | -€970,204 | -14.1% |
| Plant, machinery and equipment | 23 | €6,871,386 | €5,901,182 | -€970,204 | -14.1% |
| Current assets | 29/58 | €3,633,547 | €1,471,964 | -€2.2m | -59.5% |
| Amounts receivable within one year | 40/41 | €1,022,921 | €853,124 | -€169,797 | -16.6% |
| Trade receivables | 40 | €1,022,908 | €853,124 | -€169,783 | -16.6% |
| Other amounts receivable | 41 | €14 | €0 | -€14 | -100% |
| Current investments | 50/53 | €2,512,655 | €0 | -€2.5m | -100% |
| Cash at bank and in hand | 54/58 | €48,742 | €568,930 | +€520,188 | +1,067% |
| Deferred charges and accrued income | 490/1 | €49,228 | €49,909 | +€681 | +1.4% |
| Total equity and liabilities | 10/49 | €10,504,933 | €7,373,146 | -€3.1m | -29.8% |
| Equity | 10/15 | €2,025,289 | €338,548 | -€1.7m | -83.3% |
| Contributions | 10/11 | €286,598 | €286,598 | = | 0.0% |
| Capital | 10 | €286,598 | €286,598 | = | 0.0% |
| Issued capital | 100 | €286,598 | €286,598 | = | 0.0% |
| Reserves | 13 | €1,738,691 | €51,951 | -€1.7m | -97.0% |
| Non-distributable reserves | 130/1 | €28,660 | €28,660 | = | 0.0% |
| Legal reserve | 130 | €28,660 | €28,660 | = | 0.0% |
| Distributable reserves | 133 | €1,710,031 | €23,291 | -€1.7m | -98.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €8,479,644 | €7,034,598 | -€1.4m | -17.0% |
| Amounts payable after more than one year | 17 | €6,043,088 | €5,067,348 | -€975,740 | -16.1% |
| Financial debts | 170/4 | €6,043,088 | €5,067,348 | -€975,740 | -16.1% |
| Amounts payable within one year | 42/48 | €1,719,768 | €1,267,512 | -€452,255 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €1,051,306 | €975,740 | -€75,566 | -7.2% |
| Financial debts | 43 | €482,322 | €0 | -€482,322 | -100% |
| Credit institutions | 430/8 | €482,322 | €0 | -€482,322 | -100% |
| Trade debts | 44 | €111,587 | €105,571 | -€6,017 | -5.4% |
| Suppliers | 440/4 | €111,587 | €105,571 | -€6,017 | -5.4% |
| Taxes, remuneration and social security | 45 | €74,520 | €85,201 | +€10,680 | +14.3% |
| Taxes | 450/3 | €74,520 | €85,201 | +€10,680 | +14.3% |
| Other amounts payable | 47/48 | €31 | €101,000 | +€100,969 | +324,138% |
| Accrued charges and deferred income | 492/3 | €716,789 | €699,738 | -€17,051 | -2.4% |
| Non-recurring operating income | 76A | €116,361 | - | -€116,361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €970,204 | €970,204 | = | 0.0% |
| Other operating charges | 640/8 | €3,096 | €3,511 | +€416 | +13.4% |
| Gross operating margin | 9900 | €1,832,460 | €1,004,109 | -€828,351 | -45.2% |
| Operating profit (loss) | 9901 | €859,160 | €30,394 | -€828,766 | -96.5% |
| Financial income | 75/76B | €62,916 | €26,850 | -€36,066 | -57.3% |
| Recurring financial income | 75 | €62,916 | €26,850 | -€36,066 | -57.3% |
| Financial charges | 65/66B | €226,195 | €193,642 | -€32,553 | -14.4% |
| Recurring financial charges | 65 | €226,195 | €193,642 | -€32,553 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | €695,882 | -€136,398 | -€832,280 | |
| Income taxes | 67/77 | €160,690 | €25,328 | -€135,362 | -84.2% |
| Profit (loss) for the period | 9904 | €535,192 | -€161,726 | -€696,918 | |
| Profit (loss) for the period to be appropriated | 9905 | €535,192 | -€161,726 | -€696,918 |
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 14 October 2026 via checked.be.