STORO: what changed
Two fiscal 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.
STORO
Largest movements
- Cash -€694,851
down €694,851 (-82.8%), from €839,400 to €144,549
mainly Net result for the year (-€590,517) and Investment in fixed assets (net) (-€183,034)
- Intangible fixed assets +€116,671
up €116,671 (+91.8%), from €127,035 to €243,705
- Receivables within one year -€62,725
down €62,725 (-38.1%), from €164,665 to €101,940
of which Trade receivables: -€41,391
- Profit (loss) carried forward -€590,517
down €590,517 (-45.6%), from -€1.3m to -€1.9m
- Trade debts -€63,609
down €63,609 (-57.4%), from €110,845 to €47,236
- Tax, wage and social debts +€25,457
up €25,457 (+84.3%), from €30,190 to €55,647
of which Remuneration and social security: +€25,457
- Staff costs +€92,066
up €92,066 (+36.2%), from €254,273 to €346,339
- Financial income -€38,997
down €38,997 (-89.9%), from €43,374 to €4,378
- Depreciation +€28,386
up €28,386 (+79.1%), from €35,905 to €64,291
- Gross operating margin +€17,300
up €17,300 (+9.1%), from -€190,403 to -€173,102
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.
Cash bridge derived
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 | €2,062,425 | €1,438,569 | -€623,856 | -30.2% |
| Fixed assets | 21/28 | €1,034,187 | €1,152,930 | +€118,743 | +11.5% |
| Intangible fixed assets | 21 | €127,035 | €243,705 | +€116,671 | +91.8% |
| Tangible fixed assets | 22/27 | €17,223 | €19,296 | +€2,072 | +12.0% |
| Plant, machinery and equipment | 23 | €6,964 | €11,437 | +€4,472 | +64.2% |
| Furniture and vehicles | 24 | €10,259 | €7,859 | -€2,400 | -23.4% |
| Financial fixed assets | 28 | €889,929 | €889,929 | = | 0.0% |
| Current assets | 29/58 | €1,028,238 | €285,639 | -€742,599 | -72.2% |
| Amounts receivable within one year | 40/41 | €164,665 | €101,940 | -€62,725 | -38.1% |
| Trade receivables | 40 | €134,684 | €93,293 | -€41,391 | -30.7% |
| Other amounts receivable | 41 | €29,981 | €8,647 | -€21,334 | -71.2% |
| Cash at bank and in hand | 54/58 | €839,400 | €144,549 | -€694,851 | -82.8% |
| Deferred charges and accrued income | 490/1 | €24,173 | €39,150 | +€14,977 | +62.0% |
| Total equity and liabilities | 10/49 | €2,062,425 | €1,438,569 | -€623,856 | -30.2% |
| Equity | 10/15 | €1,914,688 | €1,324,171 | -€590,517 | -30.8% |
| Contributions | 10/11 | €3,209,080 | €3,209,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,294,392 | -€1,884,909 | -€590,517 | -45.6% |
| Amounts payable | 17/49 | €147,737 | €114,399 | -€33,338 | -22.6% |
| Amounts payable within one year | 42/48 | €147,737 | €114,399 | -€33,338 | -22.6% |
| Financial debts | 43 | €6,702 | €11,516 | +€4,814 | +71.8% |
| Credit institutions | 430/8 | €6,702 | €11,516 | +€4,814 | +71.8% |
| Trade debts | 44 | €110,845 | €47,236 | -€63,609 | -57.4% |
| Suppliers | 440/4 | €110,845 | €47,236 | -€63,609 | -57.4% |
| Taxes, remuneration and social security | 45 | €30,190 | €55,647 | +€25,457 | +84.3% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €30,190 | €55,647 | +€25,457 | +84.3% |
| Remuneration, social security and pensions | 62 | €254,273 | €346,339 | +€92,066 | +36.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,905 | €64,291 | +€28,386 | +79.1% |
| Other operating charges | 640/8 | €4,165 | €4,732 | +€568 | +13.6% |
| Gross operating margin | 9900 | -€190,403 | -€173,102 | +€17,300 | +9.1% |
| Operating profit (loss) | 9901 | -€484,745 | -€588,465 | -€103,720 | -21.4% |
| Financial income | 75/76B | €43,374 | €4,378 | -€38,997 | -89.9% |
| Recurring financial income | 75 | €43,374 | €4,378 | -€38,997 | -89.9% |
| Financial charges | 65/66B | €4,650 | €5,930 | +€1,279 | +27.5% |
| Recurring financial charges | 65 | €4,650 | €5,930 | +€1,279 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | -€446,021 | -€590,017 | -€143,996 | -32.3% |
| Income taxes | 67/77 | €280 | €501 | +€221 | +78.8% |
| Profit (loss) for the period | 9904 | -€446,301 | -€590,517 | -€144,216 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€446,301 | -€590,517 | -€144,216 | -32.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.