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STORM HOLDING 3: 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 HOLDING 3

BE 0716.772.293
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€12.1m
2024 · -€476,858+€12.5m
Equity
€25.8m
2024 · €13.7m+€12.1m
Cash
€952
2024 · €18,821-€17,870
Balance sheet total
€27.5m
2024 · €27.5m-€21,454

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities
    • Other debts -€11.7m

      down €11.7m (-94.4%), from €12.4m to €687,765

    • Profit (loss) carried forward +€11.5m

      up €11.5m, from -€465,051 to €11.0m

    • Reserves +€579,914

      up €579,914 (+686%), from €84,569 to €664,483

    • Accrued charges and deferred income -€418,867

      down €418,867 (-29.0%), from €1.4m to €1.0m

    Income statement
    • Financial income +€12.2m

      up €12.2m (+20,123%), from €60,467 to €12.2m

    • Financial charges -€362,548

      down €362,548 (-71.3%), from €508,570 to €146,022

    • Gross operating margin +€7,713

      up €7,713 (+34.6%), from -€22,261 to -€14,548

    • Depreciation -€1,621

      down €1,621 (-31.1%), from €5,206 to €3,585

    • Other operating charges -€314

      down €314 (-24.4%), from €1,288 to €974

    From the 2024 result to the 2025 result

    effect on the 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 -€476,858
    Gross operating margin +€7,713
    Depreciation +€1,621
    Other operating charges +€314
    Financial income +€12.2m
    Financial charges +€362,548
    Result 2025 €12.1m
    raises the result

    Derived cash bridge

    cash 2024 to 2025

    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 -€17,870
    Investment €0
    Financing €0
    Cash 2024 €18,821
    Net result for the year +€12.1m
    Depreciation +€3,585
    Other debts -€11.7m
    Accrued charges and deferred income -€418,867
    Cash 2025 €952
    brings cash intakes cash out
    Every line side by side 36 lines
    Line Code 2024 2025 Change %
    Total assets 20/58 €27,490,213 €27,468,759 -€21,454 -0.1%
    Formation expenses 20 €5,639 €2,054 -€3,585 -63.6%
    Fixed assets 21/28 €27,465,753 €27,465,753 = 0.0%
    Financial fixed assets 28 €27,465,753 €27,465,753 = 0.0%
    Current assets 29/58 €18,821 €952 -€17,870 -94.9%
    Amounts receivable within one year 40/41 €0 - =
    Trade receivables 40 €0 - =
    Other amounts receivable 41 €0 - =
    Cash at bank and in hand 54/58 €18,821 €952 -€17,870 -94.9%
    Deferred charges and accrued income 490/1 €0 - =
    Total equity and liabilities 10/49 €27,490,213 €27,468,759 -€21,454 -0.1%
    Equity 10/15 €13,690,085 €25,753,422 +€12.1m +88.1%
    Contributions 10/11 €14,070,568 €14,070,568 = 0.0%
    Capital 10 €14,070,568 €14,070,568 = 0.0%
    Issued capital 100 €14,070,568 €14,070,568 = 0.0%
    Reserves 13 €84,569 €664,483 +€579,914 +686%
    Non-distributable reserves 130/1 €84,569 €664,483 +€579,914 +686%
    Legal reserve 130 €84,569 €664,483 +€579,914 +686%
    Profit (loss) carried forward 14 -€465,051 €11,018,371 +€11.5m
    Amounts payable 17/49 €13,800,128 €1,715,337 -€12.1m -87.6%
    Amounts payable after more than one year 17 €0 - =
    Financial debts 170/4 €0 - =
    Amounts payable within one year 42/48 €12,353,688 €687,765 -€11.7m -94.4%
    Other amounts payable 47/48 €12,353,688 €687,765 -€11.7m -94.4%
    Accrued charges and deferred income 492/3 €1,446,440 €1,027,572 -€418,867 -29.0%
    Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,206 €3,585 -€1,621 -31.1%
    Other operating charges 640/8 €1,288 €974 -€314 -24.4%
    Gross operating margin 9900 -€22,261 -€14,548 +€7,713 +34.6%
    Operating profit (loss) 9901 -€28,755 -€19,107 +€9,648 +33.6%
    Financial income 75/76B €60,467 €12,228,465 +€12.2m +20,123%
    Recurring financial income 75 €60,467 €12,228,465 +€12.2m +20,123%
    Financial charges 65/66B €508,570 €146,022 -€362,548 -71.3%
    Recurring financial charges 65 €508,570 €146,022 -€362,548 -71.3%
    Profit (loss) for the period before taxes 9903 -€476,858 €12,063,337 +€12.5m
    Profit (loss) for the period 9904 -€476,858 €12,063,337 +€12.5m
    Profit (loss) for the period to be appropriated 9905 -€476,858 €12,063,337 +€12.5m

    Source: filed annual accounts (NBB), financial years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.