STAN: 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.
STAN
Largest movements
- Tangible fixed assets -€11,658
down €11,658 (-34.1%), from €34,179 to €22,521
of which Furniture and vehicles: -€22,908
- Cash -€8,157
down €8,157 (-64.1%), from €12,731 to €4,575
mainly Contributions, distributions and other (-€20,000) and Current portion of long-term debt (-€13,157)
- Deferred charges and accrued income -€1,688
down €1,688 (-83.3%), from €2,028 to €339
- Receivables within one year -€1,583
down €1,583 (-13.6%), from €11,656 to €10,072
of which Other amounts receivable: -€2,297
- Current portion of long-term debt -€13,157
down €13,157 (-64.9%), from €20,278 to €7,121
- Other debts +€11,482
up €11,482 (+1177.4%), from €975 to €12,457
- Profit (loss) carried forward -€11,128
down €11,128 (-93.8%), from €11,859 to €731
- Debts after one year -€7,121
down €7,121 (-91.3%), from €7,801 to €679
- Trade debts -€5,198
down €5,198 (-72.9%), from €7,133 to €1,935
- Gross operating margin +€12,201
up €12,201 (+46.0%), from €26,550 to €38,752
- Taxes +€1,249
up €1,249 (+45.1%), from €2,767 to €4,017
- Depreciation -€485
down €485 (-2.0%), from €24,230 to €23,745
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 | €60,594 | €37,507 | -€23,087 | -38.1% |
| Fixed assets | 21/28 | €34,179 | €22,521 | -€11,658 | -34.1% |
| Tangible fixed assets | 22/27 | €34,179 | €22,521 | -€11,658 | -34.1% |
| Furniture and vehicles | 24 | €34,179 | €11,271 | -€22,908 | -67.0% |
| Other tangible fixed assets | 26 | - | €11,250 | +€11,250 | |
| Current assets | 29/58 | €26,415 | €14,986 | -€11,428 | -43.3% |
| Amounts receivable within one year | 40/41 | €11,656 | €10,072 | -€1,583 | -13.6% |
| Trade receivables | 40 | €9,359 | €10,072 | +€713 | +7.6% |
| Other amounts receivable | 41 | €2,297 | - | -€2,297 | |
| Cash at bank and in hand | 54/58 | €12,731 | €4,575 | -€8,157 | -64.1% |
| Deferred charges and accrued income | 490/1 | €2,028 | €339 | -€1,688 | -83.3% |
| Total equity and liabilities | 10/49 | €60,594 | €37,507 | -€23,087 | -38.1% |
| Equity | 10/15 | €21,859 | €10,731 | -€11,128 | -50.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,859 | €731 | -€11,128 | -93.8% |
| Amounts payable | 17/49 | €38,735 | €26,777 | -€11,959 | -30.9% |
| Amounts payable after more than one year | 17 | €7,801 | €679 | -€7,121 | -91.3% |
| Financial debts | 170/4 | €7,801 | €679 | -€7,121 | -91.3% |
| Amounts payable within one year | 42/48 | €30,869 | €26,030 | -€4,839 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €20,278 | €7,121 | -€13,157 | -64.9% |
| Trade debts | 44 | €7,133 | €1,935 | -€5,198 | -72.9% |
| Suppliers | 440/4 | €7,133 | €1,935 | -€5,198 | -72.9% |
| Taxes, remuneration and social security | 45 | €2,483 | €4,517 | +€2,034 | +81.9% |
| Taxes | 450/3 | €2,483 | €4,517 | +€2,034 | +81.9% |
| Other amounts payable | 47/48 | €975 | €12,457 | +€11,482 | +1177.4% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,230 | €23,745 | -€485 | -2.0% |
| Other operating charges | 640/8 | €1,253 | €1,278 | +€25 | +2.0% |
| Gross operating margin | 9900 | €26,550 | €38,752 | +€12,201 | +46.0% |
| Operating profit (loss) | 9901 | €1,067 | €13,728 | +€12,661 | +1186.2% |
| Financial charges | 65/66B | €873 | €840 | -€34 | -3.8% |
| Recurring financial charges | 65 | €873 | €840 | -€34 | -3.8% |
| Profit (loss) for the period before taxes | 9903 | €194 | €12,889 | +€12,694 | +6540.2% |
| Income taxes | 67/77 | €2,767 | €4,017 | +€1,249 | +45.1% |
| Profit (loss) for the period | 9904 | -€2,573 | €8,872 | +€11,445 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,573 | €8,872 | +€11,445 |
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 8 October 2026 via checked.be.