STORMBIRD WAREHOUSES: what changed
What changed
STORMBIRD WAREHOUSES
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
-€7,955
2024 · -€10,584+€2,629
Equity
€2.3m
2024 · €2.3m-€7,955
Cash
€301,074
2024 · €234,545+€66,529
Balance sheet total
€3.0m
2024 · €3.1m-€64,146
Largest movements
Assets
- Tangible fixed assets -€120,549
down €120,549 (-4.3%), from €2.8m to €2.7m
- Cash +€66,529
up €66,529 (+28.4%), from €234,545 to €301,074
mainly Depreciation (+€120,549) and Receivables within one year (+€10,126)
Equity and liabilities
- Debts after one year -€59,377
down €59,377 (-8.2%), from €725,779 to €666,402
Income statement
- Gross operating margin -€47,806
down €47,806 (-27.1%), from €176,657 to €128,851
- Financial charges -€39,344
down €39,344 (-85.6%), from €45,966 to €6,622
- Purchases and services -€21,028
down €21,028 (-36.4%), from €57,825 to €36,797
- Depreciation -€14,637
down €14,637 (-10.8%), from €135,186 to €120,549
- Turnover +€14,049
up €14,049 (+9.3%), from €151,400 to €165,449
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€10,584
Gross operating margin
-€47,806
Depreciation
+€14,637
Other operating charges
-€3,533
Financial income
-€13
Financial charges
+€39,344
Result 2025
-€7,955
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€125,394
Investment
€0
Financing
-€58,865
Cash 2024
€234,545
From operations (derived)
+€125,394
Net result for the year
-€7,955
Depreciation
+€120,549
Receivables within one year
+€10,126
Trade debts
+€6,756
Tax, wage and social debts
-€1,099
Accrued charges and deferred income
-€2,983
Financing
-€58,865
Debts after one year
-€59,377
Current portion of long-term debt
+€512
Cash 2025
€301,074
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,081,707 | €3,017,561 | -€64,146 | -2.1% |
| Fixed assets | 21/28 | €2,824,327 | €2,703,778 | -€120,549 | -4.3% |
| Tangible fixed assets | 22/27 | €2,821,827 | €2,701,278 | -€120,549 | -4.3% |
| Land and buildings | 22 | €2,821,827 | €2,701,278 | -€120,549 | -4.3% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €257,380 | €313,783 | +€56,403 | +21.9% |
| Amounts receivable within one year | 40/41 | €22,835 | €12,709 | -€10,126 | -44.3% |
| Trade receivables | 40 | €3,925 | €12,709 | +€8,784 | +224% |
| Other amounts receivable | 41 | €18,910 | - | -€18,910 | |
| Cash at bank and in hand | 54/58 | €234,545 | €301,074 | +€66,529 | +28.4% |
| Total equity and liabilities | 10/49 | €3,081,707 | €3,017,561 | -€64,146 | -2.1% |
| Equity | 10/15 | €2,270,893 | €2,262,938 | -€7,955 | -0.4% |
| Contributions | 10/11 | €2,500,000 | €2,500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€229,107 | -€237,062 | -€7,955 | -3.5% |
| Amounts payable | 17/49 | €810,814 | €754,623 | -€56,191 | -6.9% |
| Amounts payable after more than one year | 17 | €725,779 | €666,402 | -€59,377 | -8.2% |
| Financial debts | 170/4 | €725,779 | €666,402 | -€59,377 | -8.2% |
| Amounts payable within one year | 42/48 | €80,195 | €86,365 | +€6,169 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €58,865 | €59,377 | +€512 | +0.9% |
| Trade debts | 44 | €3,287 | €10,043 | +€6,756 | +206% |
| Suppliers | 440/4 | €3,287 | €10,043 | +€6,756 | +206% |
| Taxes, remuneration and social security | 45 | €6,389 | €5,290 | -€1,099 | -17.2% |
| Taxes | 450/3 | €6,389 | €5,290 | -€1,099 | -17.2% |
| Other amounts payable | 47/48 | €11,655 | €11,655 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €4,840 | €1,857 | -€2,983 | -61.6% |
| Turnover | 70 | €151,400 | €165,449 | +€14,049 | +9.3% |
| Non-recurring operating income | 76A | €83,083 | - | -€83,083 | |
| Goods, raw materials, services and sundry goods | 60/61 | €57,825 | €36,797 | -€21,028 | -36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €135,186 | €120,549 | -€14,637 | -10.8% |
| Other operating charges | 640/8 | €6,102 | €9,635 | +€3,533 | +57.9% |
| Gross operating margin | 9900 | €176,657 | €128,851 | -€47,806 | -27.1% |
| Operating profit (loss) | 9901 | €35,369 | -€1,333 | -€36,702 | |
| Financial income | 75/76B | €13 | €0 | -€13 | -99.9% |
| Recurring financial income | 75 | €13 | €0 | -€13 | -99.9% |
| Financial charges | 65/66B | €45,966 | €6,622 | -€39,344 | -85.6% |
| Recurring financial charges | 65 | €45,966 | €6,622 | -€39,344 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,584 | -€7,955 | +€2,629 | +24.8% |
| Profit (loss) for the period | 9904 | -€10,584 | -€7,955 | +€2,629 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,584 | -€7,955 | +€2,629 | +24.8% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.