STORM LOKEREN: 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 LOKEREN
Largest movements
- Current investments -€2.3m
down €2.3m (-100%), from €2.3m to €0
- Cash +€1.4m
up €1.4m (+4,496%), from €30,112 to €1.4m
mainly Current investments (+€2.3m) and Depreciation (+€821,702)
- Tangible fixed assets -€821,702
down €821,702 (-13.3%), from €6.2m to €5.4m
- Debts after one year -€794,896
down €794,896 (-15.6%), from €5.1m to €4.3m
- Reserves -€664,243
down €664,243 (-27.9%), from €2.4m to €1.7m
of which Distributable reserves: -€664,243
- Short-term financial debts -€325,467
down €325,467 (-100%), from €325,467 to €0
- Gross operating margin -€579,666
down €579,666 (-40.8%), from €1.4m to €842,154
- Taxes -€118,159
down €118,159 (-98.5%), from €119,998 to €1,839
- Financial charges -€20,137
down €20,137 (-12.1%), from €166,084 to €145,947
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 | €9,264,779 | €7,433,215 | -€1.8m | -19.8% |
| Fixed assets | 21/28 | €6,179,675 | €5,357,973 | -€821,702 | -13.3% |
| Tangible fixed assets | 22/27 | €6,179,675 | €5,357,973 | -€821,702 | -13.3% |
| Plant, machinery and equipment | 23 | €6,179,675 | €5,357,973 | -€821,702 | -13.3% |
| Current assets | 29/58 | €3,085,103 | €2,075,242 | -€1.0m | -32.7% |
| Amounts receivable within one year | 40/41 | €509,132 | €486,299 | -€22,832 | -4.5% |
| Trade receivables | 40 | €508,620 | €485,097 | -€23,523 | -4.6% |
| Other amounts receivable | 41 | €511 | €1,202 | +€691 | +135% |
| Current investments | 50/53 | €2,317,421 | €0 | -€2.3m | -100% |
| Cash at bank and in hand | 54/58 | €30,112 | €1,383,861 | +€1.4m | +4,496% |
| Deferred charges and accrued income | 490/1 | €228,440 | €205,081 | -€23,359 | -10.2% |
| Total equity and liabilities | 10/49 | €9,264,779 | €7,433,215 | -€1.8m | -19.8% |
| Equity | 10/15 | €2,857,556 | €2,193,313 | -€664,243 | -23.2% |
| Contributions | 10/11 | €472,800 | €472,800 | = | 0.0% |
| Capital | 10 | €472,800 | €472,800 | = | 0.0% |
| Issued capital | 100 | €472,800 | €472,800 | = | 0.0% |
| Reserves | 13 | €2,384,756 | €1,720,513 | -€664,243 | -27.9% |
| Non-distributable reserves | 130/1 | €47,280 | €47,280 | = | 0.0% |
| Legal reserve | 130 | €47,280 | €47,280 | = | 0.0% |
| Distributable reserves | 133 | €2,337,476 | €1,673,233 | -€664,243 | -28.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €6,407,223 | €5,239,902 | -€1.2m | -18.2% |
| Amounts payable after more than one year | 17 | €5,111,674 | €4,316,778 | -€794,896 | -15.6% |
| Financial debts | 170/4 | €5,111,674 | €4,316,778 | -€794,896 | -15.6% |
| Amounts payable within one year | 42/48 | €1,242,702 | €876,875 | -€365,827 | -29.4% |
| Current portion of amounts payable after more than one year | 42 | €782,743 | €794,896 | +€12,154 | +1.6% |
| Financial debts | 43 | €325,467 | €0 | -€325,467 | -100% |
| Credit institutions | 430/8 | €325,467 | €0 | -€325,467 | -100% |
| Trade debts | 44 | €76,248 | €40,060 | -€36,188 | -47.5% |
| Suppliers | 440/4 | €76,248 | €40,060 | -€36,188 | -47.5% |
| Taxes, remuneration and social security | 45 | €58,245 | €40,461 | -€17,784 | -30.5% |
| Taxes | 450/3 | €58,245 | €40,461 | -€17,784 | -30.5% |
| Other amounts payable | 47/48 | €0 | €1,457 | +€1,457 | |
| Accrued charges and deferred income | 492/3 | €52,847 | €46,250 | -€6,597 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €821,702 | €821,702 | = | 0.0% |
| Other operating charges | 640/8 | €1,668 | €1,881 | +€213 | +12.7% |
| Gross operating margin | 9900 | €1,421,820 | €842,154 | -€579,666 | -40.8% |
| Operating profit (loss) | 9901 | €598,450 | €18,571 | -€579,878 | -96.9% |
| Financial income | 75/76B | €19,574 | €24,797 | +€5,223 | +26.7% |
| Recurring financial income | 75 | €19,574 | €24,797 | +€5,223 | +26.7% |
| Financial charges | 65/66B | €166,084 | €145,947 | -€20,137 | -12.1% |
| Recurring financial charges | 65 | €166,084 | €145,947 | -€20,137 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €451,940 | -€102,579 | -€554,519 | |
| Income taxes | 67/77 | €119,998 | €1,839 | -€118,159 | -98.5% |
| Profit (loss) for the period | 9904 | €331,942 | -€104,418 | -€436,360 | |
| Profit (loss) for the period to be appropriated | 9905 | €331,942 | -€104,418 | -€436,360 |
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 28 October 2026 via checked.be.