STORMVOGEL: 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
STORMVOGEL
NACE 93.299, Other amusement and recreation activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€393,568
2024 · €276,678+€116,890
Equity
€2.5m
2024 · €2.1m+€354,624
Cash
€483,520
2024 · €366,553+€116,967
Balance sheet total
€5.2m
2024 · €5.4m-€178,891
Largest movements
Assets
- Tangible fixed assets -€348,364
down €348,364 (-7.1%), from €4.9m to €4.5m
of which Land and buildings: -€228,544
- Cash +€116,967
up €116,967 (+31.9%), from €366,553 to €483,520
mainly Net result for the year (+€393,568) and Depreciation (+€275,040)
- Receivables within one year +€57,927
up €57,927 (+42.8%), from €135,259 to €193,186
of which Other amounts receivable: +€65,277
Equity and liabilities
- Reserves +€354,624
up €354,624 (+17.0%), from €2.1m to €2.4m
of which Distributable reserves: +€413,040
- Debts after one year -€334,508
down €334,508 (-14.3%), from €2.3m to €2.0m
- Other debts -€149,041
down €149,041 (-59.1%), from €252,196 to €103,155
- Advances received -€82,015
down €82,015 (-98.0%), from €83,715 to €1,700
- Tax, wage and social debts +€77,943
up €77,943 (+147%), from €53,190 to €131,133
of which Taxes: +€73,581
Income statement
- Gross operating margin +€220,376
up €220,376 (+21.9%), from €1.0m to €1.2m
- Taxes +€69,738
up €69,738 (+59.6%), from €117,033 to €186,771
- Depreciation +€46,857
up €46,857 (+20.5%), from €228,183 to €275,040
- Staff costs +€14,672
up €14,672 (+5.7%), from €259,079 to €273,751
- Other operating charges -€12,624
down €12,624 (-17.4%), from €72,667 to €60,043
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.
Result 2024
€276,678
Gross operating margin
+€220,376
Staff costs
-€14,672
Depreciation
-€46,857
Other operating charges
+€12,624
Other operating items
-€39,212
Financial income
+€667
Financial charges
-€3,707
Taxes
-€69,738
Deferred taxes and other
+€57,409
Result 2025
€393,568
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€424,849
Investment
+€74,758
Financing
-€382,640
Cash 2024
€366,553
From operations (derived)
+€424,849
Net result for the year
+€393,568
Depreciation
+€275,040
Stocks and contracts
-€317
Receivables within one year
-€57,927
Deferred charges and accrued income
+€4,305
Provisions
-€19,472
Trade debts
-€12,035
Tax, wage and social debts
+€77,943
Advances received
-€82,015
Other debts
-€149,041
Accrued charges and deferred income
-€5,200
Investment (derived)
+€74,758
Investment in fixed assets (net)
+€73,564
Current investments
+€1,194
Financing
-€382,640
Debts after one year
-€334,508
Current portion of long-term debt
-€9,188
Contributions, distributions and other
-€38,944
Cash 2025
€483,520
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,421,803 | €5,242,912 | -€178,891 | -3.3% |
| Fixed assets | 21/28 | €4,894,503 | €4,545,900 | -€348,604 | -7.1% |
| Intangible fixed assets | 21 | €1,189 | €949 | -€240 | -20.2% |
| Tangible fixed assets | 22/27 | €4,888,814 | €4,540,451 | -€348,364 | -7.1% |
| Land and buildings | 22 | €2,801,939 | €2,573,396 | -€228,544 | -8.2% |
| Plant, machinery and equipment | 23 | €42,305 | €51,245 | +€8,939 | +21.1% |
| Furniture and vehicles | 24 | €194,872 | €143,436 | -€51,437 | -26.4% |
| Leasing and similar rights | 25 | €11,455 | €0 | -€11,455 | -100% |
| Other tangible fixed assets | 26 | €1,838,242 | €1,772,375 | -€65,867 | -3.6% |
| Financial fixed assets | 28 | €4,500 | €4,500 | = | 0.0% |
| Current assets | 29/58 | €527,300 | €697,012 | +€169,712 | +32.2% |
| Stocks and contracts in progress | 3 | €5,413 | €5,730 | +€317 | +5.9% |
| Stocks | 30/36 | €5,413 | €5,730 | +€317 | +5.9% |
| Amounts receivable within one year | 40/41 | €135,259 | €193,186 | +€57,927 | +42.8% |
| Trade receivables | 40 | €80,808 | €73,458 | -€7,350 | -9.1% |
| Other amounts receivable | 41 | €54,451 | €119,727 | +€65,277 | +120% |
| Current investments | 50/53 | €8,198 | €7,003 | -€1,194 | -14.6% |
| Cash at bank and in hand | 54/58 | €366,553 | €483,520 | +€116,967 | +31.9% |
| Deferred charges and accrued income | 490/1 | €11,878 | €7,573 | -€4,305 | -36.2% |
| Total equity and liabilities | 10/49 | €5,421,803 | €5,242,912 | -€178,891 | -3.3% |
| Equity | 10/15 | €2,147,970 | €2,502,595 | +€354,624 | +16.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,085,970 | €2,440,595 | +€354,624 | +17.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €124,647 | €66,230 | -€58,416 | -46.9% |
| Distributable reserves | 133 | €1,955,124 | €2,368,164 | +€413,040 | +21.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €61,574 | €42,102 | -€19,472 | -31.6% |
| Provisions for liabilities and charges | 160/5 | €38,365 | €38,365 | = | 0.0% |
| Pensions and similar obligations | 160 | €38,365 | €38,365 | = | 0.0% |
| Deferred taxes | 168 | €23,209 | €3,737 | -€19,472 | -83.9% |
| Amounts payable | 17/49 | €3,212,259 | €2,698,215 | -€514,044 | -16.0% |
| Amounts payable after more than one year | 17 | €2,342,050 | €2,007,542 | -€334,508 | -14.3% |
| Financial debts | 170/4 | €2,342,050 | €2,007,542 | -€334,508 | -14.3% |
| Amounts payable within one year | 42/48 | €865,009 | €690,673 | -€174,336 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €336,033 | €326,844 | -€9,188 | -2.7% |
| Financial debts | 43 | €55,000 | €55,000 | = | 0.0% |
| Credit institutions | 430/8 | €55,000 | €55,000 | = | 0.0% |
| Trade debts | 44 | €84,875 | €72,841 | -€12,035 | -14.2% |
| Suppliers | 440/4 | €84,875 | €72,841 | -€12,035 | -14.2% |
| Advances received on contracts in progress | 46 | €83,715 | €1,700 | -€82,015 | -98.0% |
| Taxes, remuneration and social security | 45 | €53,190 | €131,133 | +€77,943 | +147% |
| Taxes | 450/3 | €37,531 | €111,112 | +€73,581 | +196% |
| Remuneration and social security | 454/9 | €15,659 | €20,021 | +€4,362 | +27.9% |
| Other amounts payable | 47/48 | €252,196 | €103,155 | -€149,041 | -59.1% |
| Accrued charges and deferred income | 492/3 | €5,200 | €0 | -€5,200 | -100% |
| Non-recurring operating income | 76A | €0 | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €259,079 | €273,751 | +€14,672 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,183 | €275,040 | +€46,857 | +20.5% |
| Other operating charges | 640/8 | €72,667 | €60,043 | -€12,624 | -17.4% |
| Non-recurring operating charges | 66A | - | €39,212 | +€39,212 | |
| Gross operating margin | 9900 | €1,006,610 | €1,226,986 | +€220,376 | +21.9% |
| Operating profit (loss) | 9901 | €446,681 | €578,940 | +€132,259 | +29.6% |
| Financial income | 75/76B | €2,610 | €3,277 | +€667 | +25.6% |
| Recurring financial income | 75 | €2,610 | €3,277 | +€667 | +25.6% |
| Financial charges | 65/66B | €56,586 | €60,293 | +€3,707 | +6.6% |
| Recurring financial charges | 65 | €56,586 | €60,293 | +€3,707 | +6.6% |
| Profit (loss) for the period before taxes | 9903 | €392,705 | €521,924 | +€129,219 | +32.9% |
| Transfer from deferred taxes | 780 | €1,007 | €58,416 | +€57,409 | +5,702% |
| Income taxes | 67/77 | €117,033 | €186,771 | +€69,738 | +59.6% |
| Profit (loss) for the period | 9904 | €276,678 | €393,568 | +€116,890 | +42.2% |
| Transfer from tax-exempt reserves | 789 | €3,021 | €19,472 | +€16,451 | +545% |
| Profit (loss) for the period to be appropriated | 9905 | €279,699 | €413,040 | +€133,341 | +47.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.