Skip to content

Standaard Blauw: 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.

What changed

Standaard Blauw

BE 0769.604.631
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€88,693
2024 · €85,650+€3,043
Equity
€319,836
2024 · €231,143+€88,693
Cash
€103,541
2024 · €72,452+€31,089
Balance sheet total
€338,926
2024 · €279,054+€59,873

Largest movements

2024 to 2025
Assets
  • Cash +€31,089

    up €31,089 (+42.9%), from €72,452 to €103,541

    mainly Net result for the year (+€88,693) and Depreciation (+€6,367)

  • Deferred charges and accrued income +€28,491

    up €28,491 (+2,063%), from €1,381 to €29,872

  • Tangible fixed assets -€5,307

    down €5,307 (-18.7%), from €28,313 to €23,005

    of which Furniture and vehicles: -€4,566

  • Receivables within one year +€4,300

    up €4,300 (+16.9%), from €25,489 to €29,789

    of which Trade receivables: +€2,178

Equity and liabilities
  • Profit (loss) carried forward +€88,693

    up €88,693 (+38.8%), from €228,643 to €317,336

  • Tax, wage and social debts -€29,884

    down €29,884 (-71.4%), from €41,880 to €11,996

Income statement
  • Taxes -€5,018

    down €5,018 (-15.8%), from €31,845 to €26,827

  • Financial charges +€3,330

    up €3,330 (+6,041%), from €55 to €3,385

  • Gross operating margin +€2,444

    up €2,444 (+2.0%), from €121,401 to €123,845

  • Depreciation +€1,418

    up €1,418 (+28.7%), from €4,949 to €6,367

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €85,650
Gross operating margin +€2,444
Depreciation -€1,418
Other operating charges -€75
Financial income +€404
Financial charges -€3,330
Taxes +€5,018
Result 2025 €88,693
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€33,449
Investment -€2,360
Financing €0
Cash 2024 €72,452
Net result for the year +€88,693
Depreciation +€6,367
Receivables within one year -€4,300
Deferred charges and accrued income -€28,491
Trade debts +€1,063
Tax, wage and social debts -€29,884
Investment in fixed assets (net) -€1,059
Current investments -€1,301
Cash 2025 €103,541
brings cash intakes cash out
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €279,054 €338,926 +€59,873 +21.5%
Fixed assets 21/28 €28,313 €23,005 -€5,307 -18.7%
Tangible fixed assets 22/27 €28,313 €23,005 -€5,307 -18.7%
Furniture and vehicles 24 €23,169 €18,602 -€4,566 -19.7%
Other tangible fixed assets 26 €5,144 €4,403 -€741 -14.4%
Current assets 29/58 €250,741 €315,921 +€65,180 +26.0%
Amounts receivable within one year 40/41 €25,489 €29,789 +€4,300 +16.9%
Trade receivables 40 €24,200 €26,378 +€2,178 +9.0%
Other amounts receivable 41 €1,289 €3,411 +€2,122 +165%
Current investments 50/53 €151,419 €152,719 +€1,301 +0.9%
Cash at bank and in hand 54/58 €72,452 €103,541 +€31,089 +42.9%
Deferred charges and accrued income 490/1 €1,381 €29,872 +€28,491 +2,063%
Total equity and liabilities 10/49 €279,054 €338,926 +€59,873 +21.5%
Equity 10/15 €231,143 €319,836 +€88,693 +38.4%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 €228,643 €317,336 +€88,693 +38.8%
Amounts payable 17/49 €47,911 €19,091 -€28,820 -60.2%
Amounts payable within one year 42/48 €47,911 €19,091 -€28,820 -60.2%
Trade debts 44 €6,031 €7,094 +€1,063 +17.6%
Suppliers 440/4 €6,031 €7,094 +€1,063 +17.6%
Taxes, remuneration and social security 45 €41,880 €11,996 -€29,884 -71.4%
Taxes 450/3 €41,880 €11,996 -€29,884 -71.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,949 €6,367 +€1,418 +28.7%
Other operating charges 640/8 €605 €680 +€75 +12.4%
Gross operating margin 9900 €121,401 €123,845 +€2,444 +2.0%
Operating profit (loss) 9901 €115,847 €116,799 +€951 +0.8%
Financial income 75/76B €1,703 €2,107 +€404 +23.7%
Recurring financial income 75 €1,703 €2,107 +€404 +23.7%
Financial charges 65/66B €55 €3,385 +€3,330 +6,041%
Recurring financial charges 65 €55 €3,385 +€3,330 +6,041%
Profit (loss) for the period before taxes 9903 €117,495 €115,520 -€1,975 -1.7%
Income taxes 67/77 €31,845 €26,827 -€5,018 -15.8%
Profit (loss) for the period 9904 €85,650 €88,693 +€3,043 +3.6%
Profit (loss) for the period to be appropriated 9905 €85,650 €88,693 +€3,043 +3.6%

Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.