D-STANDS: 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.
D-STANDS
Largest movements
- Cash +€36,775
up €36,775 (+27.5%), from €133,518 to €170,294
mainly Other debts (+€165,128) and Net result for the year (+€30,533)
- Other debts +€165,128
up €165,128 (+3239.3%), from €5,098 to €170,226
- Reserves -€129,467
down €129,467 (-85.0%), from €152,230 to €22,762
- Gross operating margin -€25,278
down €25,278 (-37.9%), from €66,646 to €41,368
- Taxes -€3,309
down €3,309 (-24.5%), from €13,523 to €10,214
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 | €173,670 | €209,661 | +€35,990 | +20.7% |
| Current assets | 29/58 | €173,670 | €209,661 | +€35,990 | +20.7% |
| Amounts receivable within one year | 40/41 | €40,152 | €39,367 | -€785 | -2.0% |
| Trade receivables | 40 | €40,152 | €36,581 | -€3,571 | -8.9% |
| Other amounts receivable | 41 | - | €2,786 | +€2,786 | |
| Cash at bank and in hand | 54/58 | €133,518 | €170,294 | +€36,775 | +27.5% |
| Total equity and liabilities | 10/49 | €173,670 | €209,661 | +€35,990 | +20.7% |
| Equity | 10/15 | €155,230 | €25,762 | -€129,467 | -83.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €152,230 | €22,762 | -€129,467 | -85.0% |
| Distributable reserves | 133 | €152,230 | €22,762 | -€129,467 | -85.0% |
| Amounts payable | 17/49 | €18,440 | €183,898 | +€165,458 | +897.3% |
| Amounts payable within one year | 42/48 | €18,440 | €183,898 | +€165,458 | +897.3% |
| Trade debts | 44 | €11,253 | €11,253 | = | 0.0% |
| Suppliers | 440/4 | €11,253 | €11,253 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,090 | €2,419 | +€330 | +15.8% |
| Taxes | 450/3 | €2,090 | €2,419 | +€330 | +15.8% |
| Other amounts payable | 47/48 | €5,098 | €170,226 | +€165,128 | +3239.3% |
| Other operating charges | 640/8 | €499 | €577 | +€78 | +15.6% |
| Gross operating margin | 9900 | €66,646 | €41,368 | -€25,278 | -37.9% |
| Operating profit (loss) | 9901 | €66,147 | €40,791 | -€25,355 | -38.3% |
| Financial charges | 65/66B | €42 | €45 | +€3 | +6.3% |
| Recurring financial charges | 65 | €42 | €45 | +€3 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €66,104 | €40,746 | -€25,358 | -38.4% |
| Income taxes | 67/77 | €13,523 | €10,214 | -€3,309 | -24.5% |
| Profit (loss) for the period | 9904 | €52,582 | €30,533 | -€22,049 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,582 | €30,533 | -€22,049 | -41.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.