STOUR: 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.
STOUR
Largest movements
- Receivables within one year +€16,896
up €16,896 (+39.7%), from €42,596 to €59,492
of which Other amounts receivable: +€19,093
- Cash -€7,569
down €7,569 (-15.6%), from €48,653 to €41,084
mainly Receivables within one year (-€16,896) and Debts after one year (-€11,611)
- Reserves +€14,989
up €14,989 (+23.0%), from €65,295 to €80,284
- Debts after one year -€11,611
down €11,611 (-44.2%), from €26,285 to €14,674
- Current portion of long-term debt +€5,804
new in 2025: €5,804
- Purchases and services +€29,992
up €29,992 (+78.5%), from €38,200 to €68,192
- Turnover +€22,903
up €22,903 (+31.6%), from €72,376 to €95,279
- Gross operating margin -€7,090
down €7,090 (-20.7%), from €34,177 to €27,087
- Taxes -€6,500
no longer reported in 2025 (was €6,500)
- Depreciation +€4,500
up €4,500 (+72.4%), from €6,213 to €10,713
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 | €128,578 | €137,883 | +€9,305 | +7.2% |
| Fixed assets | 21/28 | €36,638 | €36,615 | -€23 | -0.1% |
| Tangible fixed assets | 22/27 | €33,638 | €33,615 | -€23 | -0.1% |
| Plant, machinery and equipment | 23 | €150 | €455 | +€305 | +203% |
| Furniture and vehicles | 24 | €33,488 | €30,082 | -€3,406 | -10.2% |
| Other tangible fixed assets | 26 | - | €3,078 | +€3,078 | |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €91,940 | €101,268 | +€9,328 | +10.1% |
| Amounts receivable within one year | 40/41 | €42,596 | €59,492 | +€16,896 | +39.7% |
| Trade receivables | 40 | €5,716 | €3,519 | -€2,197 | -38.4% |
| Other amounts receivable | 41 | €36,880 | €55,973 | +€19,093 | +51.8% |
| Cash at bank and in hand | 54/58 | €48,653 | €41,084 | -€7,569 | -15.6% |
| Deferred charges and accrued income | 490/1 | €691 | €692 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €128,578 | €137,883 | +€9,305 | +7.2% |
| Equity | 10/15 | €100,295 | €115,284 | +€14,989 | +14.9% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Contributions outside capital | 11 | €35,000 | - | -€35,000 | |
| Share premium | 1100/10 | €35,000 | - | -€35,000 | |
| Reserves | 13 | €65,295 | €80,284 | +€14,989 | +23.0% |
| Distributable reserves | 133 | €65,295 | €80,284 | +€14,989 | +23.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €28,283 | €22,599 | -€5,684 | -20.1% |
| Amounts payable after more than one year | 17 | €26,285 | €14,674 | -€11,611 | -44.2% |
| Financial debts | 170/4 | €26,285 | €14,674 | -€11,611 | -44.2% |
| Amounts payable within one year | 42/48 | €1,998 | €7,925 | +€5,927 | +297% |
| Current portion of amounts payable after more than one year | 42 | - | €5,804 | +€5,804 | |
| Trade debts | 44 | €584 | €1,393 | +€809 | +139% |
| Suppliers | 440/4 | €584 | €1,393 | +€809 | +139% |
| Taxes, remuneration and social security | 45 | €1,414 | €728 | -€686 | -48.5% |
| Taxes | 450/3 | €1,414 | €728 | -€686 | -48.5% |
| Turnover | 70 | €72,376 | €95,279 | +€22,903 | +31.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €38,200 | €68,192 | +€29,992 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,213 | €10,713 | +€4,500 | +72.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,054 | - | -€3,054 | |
| Other operating charges | 640/8 | €1,134 | €441 | -€693 | -61.1% |
| Gross operating margin | 9900 | €34,177 | €27,087 | -€7,090 | -20.7% |
| Operating profit (loss) | 9901 | €23,776 | €15,933 | -€7,843 | -33.0% |
| Financial charges | 65/66B | €990 | €944 | -€46 | -4.6% |
| Recurring financial charges | 65 | €990 | €944 | -€46 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €22,786 | €14,989 | -€7,797 | -34.2% |
| Income taxes | 67/77 | €6,500 | - | -€6,500 | |
| Profit (loss) for the period | 9904 | €16,286 | €14,989 | -€1,297 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €16,286 | €14,989 | -€1,297 | -8.0% |
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 27 October 2026 via checked.be.