DJ - STANN: 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.
DJ - STANN
Largest movements
- Tangible fixed assets +€93,434
up €93,434 (+150%), from €62,274 to €155,707
of which Other tangible fixed assets: +€68,248
- Receivables within one year -€29,624
down €29,624 (-72.7%), from €40,774 to €11,150
of which Trade receivables: -€33,609
- Cash -€14,025
down €14,025 (-35.4%), from €39,612 to €25,587
mainly Investment in fixed assets (net) (-€118,292) and Trade debts (-€20,960)
- Stocks and contracts +€8,597
up €8,597 (+115%), from €7,498 to €16,095
- Receivables after one year -€4,000
down €4,000 (-20.0%), from €20,000 to €16,000
- Reserves +€27,842
up €27,842 (+97.3%), from €28,616 to €56,458
of which Distributable reserves: +€29,327
- Trade debts -€20,960
down €20,960 (-32.8%), from €63,918 to €42,958
- Debts after one year +€20,131
up €20,131 (+72.3%), from €27,862 to €47,992
- Short-term financial debts +€14,670
up €14,670 (+6,513%), from €225 to €14,895
- Tax, wage and social debts +€6,450
up €6,450 (+42.2%), from €15,287 to €21,738
of which Taxes: +€3,354
- Gross operating margin +€131,542
up €131,542 (+218%), from €60,332 to €191,874
- Staff costs +€98,043
up €98,043 (+534%), from €18,369 to €116,412
- Depreciation +€11,499
up €11,499 (+86.1%), from €13,360 to €24,859
- Taxes +€6,617
up €6,617 (+74.4%), from €8,899 to €15,516
- Financial charges +€3,094
up €3,094 (+93.1%), from €3,322 to €6,416
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 | €175,062 | €230,833 | +€55,772 | +31.9% |
| Fixed assets | 21/28 | €62,314 | €155,747 | +€93,434 | +150% |
| Tangible fixed assets | 22/27 | €62,274 | €155,707 | +€93,434 | +150% |
| Land and buildings | 22 | €6,505 | €4,817 | -€1,689 | -26.0% |
| Plant, machinery and equipment | 23 | €10,395 | €41,710 | +€31,315 | +301% |
| Furniture and vehicles | 24 | €45,374 | €40,933 | -€4,441 | -9.8% |
| Other tangible fixed assets | 26 | - | €68,248 | +€68,248 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €112,748 | €75,086 | -€37,662 | -33.4% |
| Amounts receivable after more than one year | 29 | €20,000 | €16,000 | -€4,000 | -20.0% |
| Trade receivables | 290 | €20,000 | €16,000 | -€4,000 | -20.0% |
| Stocks and contracts in progress | 3 | €7,498 | €16,095 | +€8,597 | +115% |
| Stocks | 30/36 | €7,498 | €16,095 | +€8,597 | +115% |
| Amounts receivable within one year | 40/41 | €40,774 | €11,150 | -€29,624 | -72.7% |
| Trade receivables | 40 | €37,039 | €3,430 | -€33,609 | -90.7% |
| Other amounts receivable | 41 | €3,735 | €7,720 | +€3,984 | +107% |
| Current investments | 50/53 | €280 | €280 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €39,612 | €25,587 | -€14,025 | -35.4% |
| Deferred charges and accrued income | 490/1 | €4,584 | €5,974 | +€1,390 | +30.3% |
| Total equity and liabilities | 10/49 | €175,062 | €230,833 | +€55,772 | +31.9% |
| Equity | 10/15 | €49,825 | €77,668 | +€27,842 | +55.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,616 | €56,458 | +€27,842 | +97.3% |
| Tax-exempt reserves | 132 | €4,453 | €2,968 | -€1,484 | -33.3% |
| Distributable reserves | 133 | €24,164 | €53,490 | +€29,327 | +121% |
| Profit (loss) carried forward | 14 | €2,609 | €2,609 | = | 0.0% |
| Provisions and deferred taxes | 16 | €1,113 | €742 | -€371 | -33.3% |
| Deferred taxes | 168 | €1,113 | €742 | -€371 | -33.3% |
| Amounts payable | 17/49 | €124,123 | €152,423 | +€28,300 | +22.8% |
| Amounts payable after more than one year | 17 | €27,862 | €47,992 | +€20,131 | +72.3% |
| Financial debts | 170/4 | €27,862 | €47,992 | +€20,131 | +72.3% |
| Amounts payable within one year | 42/48 | €96,262 | €104,431 | +€8,170 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €15,566 | €21,899 | +€6,333 | +40.7% |
| Financial debts | 43 | €225 | €14,895 | +€14,670 | +6,513% |
| Credit institutions | 430/8 | €225 | €14,895 | +€14,670 | +6,513% |
| Trade debts | 44 | €63,918 | €42,958 | -€20,960 | -32.8% |
| Suppliers | 440/4 | €63,918 | €42,958 | -€20,960 | -32.8% |
| Advances received on contracts in progress | 46 | €625 | €0 | -€625 | -100% |
| Taxes, remuneration and social security | 45 | €15,287 | €21,738 | +€6,450 | +42.2% |
| Taxes | 450/3 | €7,541 | €10,895 | +€3,354 | +44.5% |
| Remuneration and social security | 454/9 | €7,746 | €10,843 | +€3,097 | +40.0% |
| Other amounts payable | 47/48 | €640 | €2,941 | +€2,301 | +360% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €18,369 | €116,412 | +€98,043 | +534% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,360 | €24,859 | +€11,499 | +86.1% |
| Other operating charges | 640/8 | €977 | €1,603 | +€626 | +64.0% |
| Gross operating margin | 9900 | €60,332 | €191,874 | +€131,542 | +218% |
| Operating profit (loss) | 9901 | €27,626 | €49,000 | +€21,374 | +77.4% |
| Financial income | 75/76B | €768 | €403 | -€364 | -47.5% |
| Recurring financial income | 75 | €768 | €403 | -€364 | -47.5% |
| Financial charges | 65/66B | €3,322 | €6,416 | +€3,094 | +93.1% |
| Recurring financial charges | 65 | €3,322 | €6,416 | +€3,094 | +93.1% |
| Profit (loss) for the period before taxes | 9903 | €25,071 | €42,987 | +€17,916 | +71.5% |
| Transfer from deferred taxes | 780 | €371 | €371 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €8,899 | €15,516 | +€6,617 | +74.4% |
| Profit (loss) for the period | 9904 | €16,543 | €27,842 | +€11,299 | +68.3% |
| Transfer from tax-exempt reserves | 789 | €1,484 | €1,484 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €18,027 | €29,327 | +€11,299 | +62.7% |
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 24 October 2026 via checked.be.