STORM GROUP: 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.
What changed
STORM GROUP
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€102,392
2024 · -€399,668+€297,276
Equity
€6.3m
2024 · €6.4m-€102,392
Cash
€10,179
2024 · €49,302-€39,124
Balance sheet total
€71.5m
2024 · €32.9m+€38.6m
Largest movements
Assets
- Receivables within one year +€53.4m
up €53.4m (+152,529%), from €35,000 to €53.4m
- Financial fixed assets -€18.2m
down €18.2m (-55.4%), from €32.9m to €14.7m
of which Affiliated companies: -€18.2m
- Deferred charges and accrued income +€3.4m
new in 2025: €3.4m
Equity and liabilities
- Current portion of long-term debt +€61.2m
new in 2025: €61.2m
- Debts after one year -€25.0m
down €25.0m (-100%), from €25.0m to €0
- Accrued charges and deferred income +€3.0m
up €3.0m (+293%), from €1.0m to €4.0m
Income statement
- Financial charges +€3.2m
up €3.2m (+316%), from €1.0m to €4.2m
- Financial income +€3.0m
up €3.0m (+262%), from €1.1m to €4.1m
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.
Result 2024
-€399,668
Other operating charges
+€321
Other operating items
+€511,277
Financial income
+€3.0m
Financial charges
-€3.2m
Result 2025
-€102,392
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€54.5m
Investment
+€18.2m
Financing
+€36.2m
Cash 2024
€49,302
From operations (derived)
-€54.5m
Net result for the year
-€102,392
Receivables within one year
-€53.4m
Deferred charges and accrued income
-€3.4m
Trade debts
-€513,575
Accrued charges and deferred income
+€3.0m
Investment (derived)
+€18.2m
Investment in fixed assets (net)
+€18.2m
Financing
+€36.2m
Debts after one year
-€25.0m
Current portion of long-term debt
+€61.2m
Cash 2025
€10,179
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,948,621 | €71,531,757 | +€38.6m | +117% |
| Fixed assets | 21/28 | €32,864,318 | €14,653,444 | -€18.2m | -55.4% |
| Financial fixed assets | 28 | €32,864,318 | €14,653,444 | -€18.2m | -55.4% |
| Affiliated companies | 280/1 | €23,703,220 | €5,498,450 | -€18.2m | -76.8% |
| Participating interests | 280 | €5,498,450 | €5,498,450 | = | 0.0% |
| Amounts receivable | 281 | €18,204,769 | €0 | -€18.2m | -100% |
| Companies linked by participating interests | 282/3 | €9,161,099 | €9,154,994 | -€6,105 | -0.1% |
| Participating interests | 282 | €4,496,536 | €4,719,617 | +€223,081 | +5.0% |
| Amounts receivable | 283 | €4,664,563 | €4,435,377 | -€229,186 | -4.9% |
| Current assets | 29/58 | €84,302 | €56,878,313 | +€56.8m | +67,369% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €35,000 | €53,420,166 | +€53.4m | +152,529% |
| Other amounts receivable | 41 | €35,000 | €53,420,166 | +€53.4m | +152,529% |
| Cash at bank and in hand | 54/58 | €49,302 | €10,179 | -€39,124 | -79.4% |
| Deferred charges and accrued income | 490/1 | - | €3,447,969 | +€3.4m | |
| Total equity and liabilities | 10/49 | €32,948,621 | €71,531,757 | +€38.6m | +117% |
| Equity | 10/15 | €6,414,916 | €6,312,524 | -€102,392 | -1.6% |
| Contributions | 10/11 | €5,498,600 | €5,498,600 | = | 0.0% |
| Capital | 10 | €5,498,600 | €5,498,600 | = | 0.0% |
| Issued capital | 100 | €5,498,600 | €5,498,600 | = | 0.0% |
| Reserves | 13 | €403,800 | €403,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €403,800 | €403,800 | = | 0.0% |
| Legal reserve | 130 | €403,800 | €403,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €512,516 | €410,124 | -€102,392 | -20.0% |
| Amounts payable | 17/49 | €26,533,704 | €65,219,233 | +€38.7m | +146% |
| Amounts payable after more than one year | 17 | €25,000,000 | €0 | -€25.0m | -100% |
| Financial debts | 170/4 | €25,000,000 | €0 | -€25.0m | -100% |
| Subordinated loans | 170 | €25,000,000 | €0 | -€25.0m | -100% |
| Other loans | 174 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €513,575 | €61,208,854 | +€60.7m | +11,818% |
| Current portion of amounts payable after more than one year | 42 | - | €61,208,854 | +€61.2m | |
| Trade debts | 44 | €513,575 | €0 | -€513,575 | -100% |
| Suppliers | 440/4 | €513,575 | €0 | -€513,575 | -100% |
| Accrued charges and deferred income | 492/3 | €1,020,129 | €4,010,378 | +€3.0m | +293% |
| Operating charges | 60/66A | €525,360 | €13,762 | -€511,598 | -97.4% |
| Services and other goods | 61 | €523,519 | €12,242 | -€511,277 | -97.7% |
| Other operating charges | 640/8 | €1,841 | €1,520 | -€321 | -17.5% |
| Operating profit (loss) | 9901 | -€525,360 | -€13,762 | +€511,598 | +97.4% |
| Financial income | 75/76B | €1,136,834 | €4,116,844 | +€3.0m | +262% |
| Recurring financial income | 75 | €1,136,834 | €4,116,844 | +€3.0m | +262% |
| Income from financial fixed assets | 750 | €1,136,834 | €4,116,844 | +€3.0m | +262% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €1,011,141 | €4,205,474 | +€3.2m | +316% |
| Recurring financial charges | 65 | €1,011,141 | €4,205,474 | +€3.2m | +316% |
| Debt charges | 650 | €1,010,937 | €4,205,269 | +€3.2m | +316% |
| Other financial charges | 652/9 | €204 | €205 | +€2 | +0.7% |
| Profit (loss) for the period before taxes | 9903 | -€399,668 | -€102,392 | +€297,276 | +74.4% |
| Profit (loss) for the period | 9904 | -€399,668 | -€102,392 | +€297,276 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€399,668 | -€102,392 | +€297,276 | +74.4% |
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 15 October 2026 via checked.be.