Storm PELT 2: 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 PELT 2
Largest movements
- Current investments -€775,807
down €775,807 (-100%), from €775,807 to €0
- Cash +€701,236
up €701,236 (+1,549%), from €45,266 to €746,502
mainly Current investments (+€775,807) and Depreciation (+€296,256)
- Tangible fixed assets -€263,422
down €263,422 (-6.0%), from €4.4m to €4.1m
- Receivables within one year +€66,400
up €66,400 (+33.0%), from €200,939 to €267,339
of which Trade receivables: +€39,932
- Debts after one year -€257,168
down €257,168 (-5.9%), from €4.3m to €4.1m
- Trade debts -€84,526
down €84,526 (-89.8%), from €94,140 to €9,614
- Gross operating margin -€169,222
down €169,222 (-30.1%), from €562,023 to €392,801
- Depreciation -€34,766
down €34,766 (-10.5%), from €331,022 to €296,256
- Taxes -€33,988
down €33,988 (-67.4%), from €50,451 to €16,462
- Financial income -€18,953
down €18,953 (-62.4%), from €30,397 to €11,444
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 | €5,535,401 | €5,231,523 | -€303,878 | -5.5% |
| Formation expenses | 20 | €295 | €0 | -€295 | -100% |
| Fixed assets | 21/28 | €4,442,982 | €4,147,022 | -€295,960 | -6.7% |
| Intangible fixed assets | 21 | €33,505 | €966 | -€32,539 | -97.1% |
| Tangible fixed assets | 22/27 | €4,409,477 | €4,146,056 | -€263,422 | -6.0% |
| Plant, machinery and equipment | 23 | €4,409,477 | €4,146,056 | -€263,422 | -6.0% |
| Current assets | 29/58 | €1,092,123 | €1,084,501 | -€7,622 | -0.7% |
| Amounts receivable within one year | 40/41 | €200,939 | €267,339 | +€66,400 | +33.0% |
| Trade receivables | 40 | €200,922 | €240,855 | +€39,932 | +19.9% |
| Other amounts receivable | 41 | €17 | €26,485 | +€26,467 | +155,234% |
| Current investments | 50/53 | €775,807 | €0 | -€775,807 | -100% |
| Cash at bank and in hand | 54/58 | €45,266 | €746,502 | +€701,236 | +1,549% |
| Deferred charges and accrued income | 490/1 | €70,111 | €70,660 | +€549 | +0.8% |
| Total equity and liabilities | 10/49 | €5,535,401 | €5,231,523 | -€303,878 | -5.5% |
| Equity | 10/15 | €805,778 | €836,509 | +€30,731 | +3.8% |
| Contributions | 10/11 | €294,457 | €294,457 | = | 0.0% |
| Capital | 10 | €294,457 | €294,457 | = | 0.0% |
| Issued capital | 100 | €294,457 | €294,457 | = | 0.0% |
| Reserves | 13 | €511,321 | €542,053 | +€30,731 | +6.0% |
| Non-distributable reserves | 130/1 | €29,446 | €29,446 | = | 0.0% |
| Legal reserve | 130 | €29,446 | €29,446 | = | 0.0% |
| Distributable reserves | 133 | €481,876 | €512,607 | +€30,731 | +6.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €4,729,623 | €4,395,014 | -€334,609 | -7.1% |
| Amounts payable after more than one year | 17 | €4,328,904 | €4,071,736 | -€257,168 | -5.9% |
| Financial debts | 170/4 | €4,328,904 | €4,071,736 | -€257,168 | -5.9% |
| Amounts payable within one year | 42/48 | €371,676 | €295,530 | -€76,147 | -20.5% |
| Current portion of amounts payable after more than one year | 42 | €246,182 | €257,168 | +€10,986 | +4.5% |
| Trade debts | 44 | €94,140 | €9,614 | -€84,526 | -89.8% |
| Suppliers | 440/4 | €94,140 | €9,614 | -€84,526 | -89.8% |
| Taxes, remuneration and social security | 45 | €31,354 | €28,747 | -€2,607 | -8.3% |
| Taxes | 450/3 | €31,354 | €28,747 | -€2,607 | -8.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €29,043 | €27,749 | -€1,294 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €331,022 | €296,256 | -€34,766 | -10.5% |
| Other operating charges | 640/8 | €1,408 | €1,515 | +€107 | +7.6% |
| Gross operating margin | 9900 | €562,023 | €392,801 | -€169,222 | -30.1% |
| Operating profit (loss) | 9901 | €229,593 | €95,031 | -€134,562 | -58.6% |
| Financial income | 75/76B | €30,397 | €11,444 | -€18,953 | -62.4% |
| Recurring financial income | 75 | €30,397 | €11,444 | -€18,953 | -62.4% |
| Financial charges | 65/66B | €62,444 | €59,282 | -€3,162 | -5.1% |
| Recurring financial charges | 65 | €62,444 | €59,282 | -€3,162 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €197,547 | €47,194 | -€150,353 | -76.1% |
| Income taxes | 67/77 | €50,451 | €16,462 | -€33,988 | -67.4% |
| Profit (loss) for the period | 9904 | €147,096 | €30,731 | -€116,365 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €147,096 | €30,731 | -€116,365 | -79.1% |
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 20 October 2026 via checked.be.