Storm Olen: 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 Olen
Largest movements
- Cash -€912,420
down €912,420 (-41.1%), from €2.2m to €1.3m
mainly Investment in fixed assets (net) (-€586,691) and Debts after one year (-€409,931)
- Tangible fixed assets +€586,691
up €586,691 (+4.9%), from €11.9m to €12.5m
of which Assets under construction and advance payments: +€414,946
- Debts after one year -€409,931
down €409,931 (-3.5%), from €11.7m to €11.3m
- Other operating charges -€63,435
down €63,435 (-97.1%), from €65,313 to €1,877
- Gross operating margin -€18,568
down €18,568 (-5.9%), from €312,713 to €294,145
- Financial charges +€9,483
up €9,483 (+4.8%), from €195,777 to €205,260
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 | €15,273,490 | €14,945,362 | -€328,128 | -2.1% |
| Formation expenses | 20 | €124 | €124 | = | 0.0% |
| Fixed assets | 21/28 | €12,935,527 | €13,522,219 | +€586,691 | +4.5% |
| Intangible fixed assets | 21 | €1,023,585 | €1,023,585 | = | 0.0% |
| Tangible fixed assets | 22/27 | €11,911,942 | €12,498,634 | +€586,691 | +4.9% |
| Plant, machinery and equipment | 23 | - | €171,746 | +€171,746 | |
| Assets under construction and advance payments | 27 | €11,911,942 | €12,326,888 | +€414,946 | +3.5% |
| Current assets | 29/58 | €2,337,839 | €1,423,020 | -€914,820 | -39.1% |
| Amounts receivable within one year | 40/41 | €119,548 | €93,160 | -€26,388 | -22.1% |
| Trade receivables | 40 | €119,548 | €77,711 | -€41,837 | -35.0% |
| Other amounts receivable | 41 | €0 | €15,449 | +€15,449 | |
| Cash at bank and in hand | 54/58 | €2,218,291 | €1,305,871 | -€912,420 | -41.1% |
| Deferred charges and accrued income | 490/1 | - | €23,989 | +€23,989 | |
| Total equity and liabilities | 10/49 | €15,273,490 | €14,945,362 | -€328,128 | -2.1% |
| Equity | 10/15 | €2,754,872 | €2,841,879 | +€87,008 | +3.2% |
| Contributions | 10/11 | €2,702,375 | €2,702,375 | = | 0.0% |
| Capital | 10 | €2,702,375 | €2,702,375 | = | 0.0% |
| Issued capital | 100 | €2,702,375 | €2,702,375 | = | 0.0% |
| Reserves | 13 | €52,496 | €139,504 | +€87,008 | +166% |
| Non-distributable reserves | 130/1 | €2,625 | €6,975 | +€4,350 | +166% |
| Legal reserve | 130 | €2,625 | €6,975 | +€4,350 | +166% |
| Distributable reserves | 133 | €49,871 | €132,529 | +€82,657 | +166% |
| Amounts payable | 17/49 | €12,518,619 | €12,103,483 | -€415,136 | -3.3% |
| Amounts payable after more than one year | 17 | €11,712,403 | €11,302,471 | -€409,931 | -3.5% |
| Financial debts | 170/4 | €11,712,403 | €11,302,471 | -€409,931 | -3.5% |
| Amounts payable within one year | 42/48 | €773,178 | €768,183 | -€4,996 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €639,878 | €587,241 | -€52,637 | -8.2% |
| Trade debts | 44 | €109,708 | €180,942 | +€71,234 | +64.9% |
| Suppliers | 440/4 | €109,708 | €180,942 | +€71,234 | +64.9% |
| Taxes, remuneration and social security | 45 | €23,593 | €0 | -€23,593 | -100% |
| Taxes | 450/3 | €23,593 | €0 | -€23,593 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €33,038 | €32,829 | -€209 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | €0 | -€171 | -100% |
| Other operating charges | 640/8 | €65,313 | €1,877 | -€63,435 | -97.1% |
| Gross operating margin | 9900 | €312,713 | €294,145 | -€18,568 | -5.9% |
| Operating profit (loss) | 9901 | €247,230 | €292,268 | +€45,038 | +18.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €195,777 | €205,260 | +€9,483 | +4.8% |
| Recurring financial charges | 65 | €195,777 | €205,260 | +€9,483 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | €51,453 | €87,008 | +€35,555 | +69.1% |
| Profit (loss) for the period | 9904 | €51,453 | €87,008 | +€35,555 | +69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €51,453 | €87,008 | +€35,555 | +69.1% |
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 17 October 2026 via checked.be.