STOROFIC: 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
STOROFIC
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,057
2024 · €28,475-€7,418
Equity
€1.4m
2024 · €1.4m+€21,057
Cash
€30,140
2024 · €21,763+€8,376
Balance sheet total
€5.2m
2024 · €5.5m-€324,250
Largest movements
Assets
- Tangible fixed assets -€235,261
down €235,261 (-4.8%), from €4.9m to €4.7m
of which Land and buildings: -€188,271
- Receivables within one year -€73,202
down €73,202 (-15.1%), from €485,641 to €412,439
of which Trade receivables: -€71,719
Equity and liabilities
- Debts after one year -€291,984
down €291,984 (-9.8%), from €3.0m to €2.7m
Income statement
- Staff costs +€33,944
up €33,944 (+11.4%), from €296,991 to €330,935
- Financial income +€15,167
up €15,167 (+293%), from €5,170 to €20,337
- Financial charges -€10,045
down €10,045 (-8.5%), from €117,693 to €107,648
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
€28,475
Gross operating margin
-€2,439
Staff costs
-€33,944
Depreciation
+€4,173
Other operating charges
-€2,146
Other operating items
-€207
Financial income
+€15,167
Financial charges
+€10,045
Taxes
+€1,933
Result 2025
€21,057
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
+€313,881
Investment
-€16,958
Financing
-€288,546
Cash 2024
€21,763
From operations (derived)
+€313,881
Net result for the year
+€21,057
Depreciation
+€252,219
Receivables within one year
+€73,202
Deferred charges and accrued income
+€24,163
Provisions
-€12,874
Trade debts
+€802
Tax, wage and social debts
-€4,755
Other debts
-€42,372
Accrued charges and deferred income
+€2,438
Investment (derived)
-€16,958
Investment in fixed assets (net)
-€16,958
Financing
-€288,546
Debts after one year
-€291,984
Current portion of long-term debt
+€9,371
Short-term financial debts
-€5,933
Cash 2025
€30,140
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,488,121 | €5,163,871 | -€324,250 | -5.9% |
| Fixed assets | 21/28 | €4,948,998 | €4,713,737 | -€235,261 | -4.8% |
| Tangible fixed assets | 22/27 | €4,948,998 | €4,713,737 | -€235,261 | -4.8% |
| Land and buildings | 22 | €4,654,137 | €4,465,866 | -€188,271 | -4.0% |
| Plant, machinery and equipment | 23 | €264,910 | €228,132 | -€36,779 | -13.9% |
| Furniture and vehicles | 24 | - | €11,538 | +€11,538 | |
| Leasing and similar rights | 25 | €29,951 | €8,201 | -€21,750 | -72.6% |
| Current assets | 29/58 | €539,123 | €450,134 | -€88,989 | -16.5% |
| Amounts receivable within one year | 40/41 | €485,641 | €412,439 | -€73,202 | -15.1% |
| Trade receivables | 40 | €89,866 | €18,147 | -€71,719 | -79.8% |
| Other amounts receivable | 41 | €395,774 | €394,292 | -€1,483 | -0.4% |
| Cash at bank and in hand | 54/58 | €21,763 | €30,140 | +€8,376 | +38.5% |
| Deferred charges and accrued income | 490/1 | €31,719 | €7,555 | -€24,163 | -76.2% |
| Total equity and liabilities | 10/49 | €5,488,121 | €5,163,871 | -€324,250 | -5.9% |
| Equity | 10/15 | €1,386,843 | €1,407,899 | +€21,057 | +1.5% |
| 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 | €1,301,868 | €1,323,247 | +€21,379 | +1.6% |
| Non-distributable reserves | 130/1 | €196,200 | €196,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €190,000 | €190,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €675,668 | €637,047 | -€38,621 | -5.7% |
| Distributable reserves | 133 | €430,000 | €490,000 | +€60,000 | +14.0% |
| Profit (loss) carried forward | 14 | €22,975 | €22,653 | -€322 | -1.4% |
| Provisions and deferred taxes | 16 | €225,223 | €212,349 | -€12,874 | -5.7% |
| Deferred taxes | 168 | €225,223 | €212,349 | -€12,874 | -5.7% |
| Amounts payable | 17/49 | €3,876,056 | €3,543,623 | -€332,433 | -8.6% |
| Amounts payable after more than one year | 17 | €2,984,346 | €2,692,362 | -€291,984 | -9.8% |
| Financial debts | 170/4 | €2,984,346 | €2,692,362 | -€291,984 | -9.8% |
| Amounts payable within one year | 42/48 | €891,616 | €848,729 | -€42,887 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €282,614 | €291,984 | +€9,371 | +3.3% |
| Financial debts | 43 | €10,140 | €4,207 | -€5,933 | -58.5% |
| Credit institutions | 430/8 | €10,140 | €4,207 | -€5,933 | -58.5% |
| Trade debts | 44 | €236,867 | €237,668 | +€802 | +0.3% |
| Suppliers | 440/4 | €236,867 | €237,668 | +€802 | +0.3% |
| Taxes, remuneration and social security | 45 | €56,586 | €51,831 | -€4,755 | -8.4% |
| Taxes | 450/3 | €22,266 | €14,735 | -€7,531 | -33.8% |
| Remuneration and social security | 454/9 | €34,320 | €37,096 | +€2,776 | +8.1% |
| Other amounts payable | 47/48 | €305,411 | €263,039 | -€42,372 | -13.9% |
| Accrued charges and deferred income | 492/3 | €93 | €2,531 | +€2,438 | +2,619% |
| Non-recurring operating income | 76A | €1,875 | - | -€1,875 | |
| Remuneration, social security and pensions | 62 | €296,991 | €330,935 | +€33,944 | +11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €256,392 | €252,219 | -€4,173 | -1.6% |
| Other operating charges | 640/8 | €40,262 | €42,408 | +€2,146 | +5.3% |
| Non-recurring operating charges | 66A | - | €207 | +€207 | |
| Gross operating margin | 9900 | €740,231 | €737,792 | -€2,439 | -0.3% |
| Operating profit (loss) | 9901 | €146,585 | €112,023 | -€34,563 | -23.6% |
| Financial income | 75/76B | €5,170 | €20,337 | +€15,167 | +293% |
| Recurring financial income | 75 | €5,170 | €20,337 | +€15,167 | +293% |
| Financial charges | 65/66B | €117,693 | €107,648 | -€10,045 | -8.5% |
| Recurring financial charges | 65 | €117,693 | €107,648 | -€10,045 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €34,062 | €24,711 | -€9,351 | -27.5% |
| Transfer from deferred taxes | 780 | €12,874 | €12,874 | = | 0.0% |
| Income taxes | 67/77 | €18,461 | €16,528 | -€1,933 | -10.5% |
| Profit (loss) for the period | 9904 | €28,475 | €21,057 | -€7,418 | -26.1% |
| Transfer from tax-exempt reserves | 789 | €38,621 | €38,621 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €67,096 | €59,678 | -€7,418 | -11.1% |
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 14 October 2026 via checked.be.