DE STANDAARD: 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.
DE STANDAARD
Largest movements
- Receivables within one year +€6,195
up €6,195 (+183.0%), from €3,385 to €9,579
of which Trade receivables: +€5,751
- Stocks and contracts +€3,000
up €3,000 (+312.5%), from €960 to €3,960
of which Contracts in progress: +€3,000
- Deferred charges and accrued income -€1,644
down €1,644 (-65.7%), from €2,502 to €858
- Cash -€1,111
down €1,111 (-4.8%), from €23,079 to €21,967
mainly Receivables within one year (-€6,195) and Other debts (-€3,313)
- Tangible fixed assets -€880
down €880 (-11.5%), from €7,642 to €6,762
of which Plant, machinery and equipment: -€786
- Trade debts +€7,803
up €7,803 (+236.4%), from €3,300 to €11,103
- Other debts -€3,313
down €3,313 (-30.8%), from €10,748 to €7,435
- Profit (loss) carried forward -€3,107
down €3,107, from €267 to -€2,839
- Advances received +€3,000
new in 2025: €3,000
- Tax, wage and social debts +€1,176
up €1,176 (+42.1%), from €2,791 to €3,967
of which Taxes: +€2,176
- Gross operating margin -€18,905
down €18,905 (-66.8%), from €28,300 to €9,395
- Other operating charges -€4,885
down €4,885 (-29.9%), from €16,357 to €11,472
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 | €37,567 | €43,126 | +€5,559 | +14.8% |
| Fixed assets | 21/28 | €7,642 | €6,762 | -€880 | -11.5% |
| Tangible fixed assets | 22/27 | €7,642 | €6,762 | -€880 | -11.5% |
| Land and buildings | 22 | €654 | €560 | -€93 | -14.3% |
| Plant, machinery and equipment | 23 | €6,988 | €6,201 | -€786 | -11.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €29,925 | €36,364 | +€6,439 | +21.5% |
| Stocks and contracts in progress | 3 | €960 | €3,960 | +€3,000 | +312.5% |
| Stocks | 30/36 | €960 | €960 | = | 0.0% |
| Contracts in progress | 37 | - | €3,000 | +€3,000 | |
| Amounts receivable within one year | 40/41 | €3,385 | €9,579 | +€6,195 | +183.0% |
| Trade receivables | 40 | - | €5,751 | +€5,751 | |
| Other amounts receivable | 41 | €3,385 | €3,828 | +€443 | +13.1% |
| Cash at bank and in hand | 54/58 | €23,079 | €21,967 | -€1,111 | -4.8% |
| Deferred charges and accrued income | 490/1 | €2,502 | €858 | -€1,644 | -65.7% |
| Total equity and liabilities | 10/49 | €37,567 | €43,126 | +€5,559 | +14.8% |
| Equity | 10/15 | €20,727 | €17,621 | -€3,107 | -15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €267 | -€2,839 | -€3,107 | |
| Amounts payable | 17/49 | €16,840 | €25,505 | +€8,665 | +51.5% |
| Amounts payable within one year | 42/48 | €16,840 | €25,505 | +€8,665 | +51.5% |
| Trade debts | 44 | €3,300 | €11,103 | +€7,803 | +236.4% |
| Suppliers | 440/4 | €3,300 | €11,103 | +€7,803 | +236.4% |
| Advances received on contracts in progress | 46 | - | €3,000 | +€3,000 | |
| Taxes, remuneration and social security | 45 | €2,791 | €3,967 | +€1,176 | +42.1% |
| Taxes | 450/3 | €1,791 | €3,967 | +€2,176 | +121.5% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €10,748 | €7,435 | -€3,313 | -30.8% |
| Non-recurring operating income | 76A | - | €631 | +€631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €880 | €880 | = | 0.0% |
| Other operating charges | 640/8 | €16,357 | €11,472 | -€4,885 | -29.9% |
| Gross operating margin | 9900 | €28,300 | €9,395 | -€18,905 | -66.8% |
| Operating profit (loss) | 9901 | €11,063 | -€2,957 | -€14,020 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €10,928 | -€3,107 | -€14,035 | |
| Profit (loss) for the period | 9904 | €10,928 | -€3,107 | -€14,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,928 | -€3,107 | -€14,035 |
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 7 October 2026 via checked.be.