Standaert: 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.
Standaert
Largest movements
- Cash +€34,979
up €34,979 (+12.7%), from €276,407 to €311,385
mainly Stocks and contracts (+€12,120) and Net result for the year (+€11,159)
- Stocks and contracts -€12,120
down €12,120 (-19.2%), from €63,238 to €51,118
- Reserves +€11,159
up €11,159 (+3.6%), from €311,859 to €323,017
- Trade debts +€7,006
up €7,006 (+202%), from €3,462 to €10,468
- Gross operating margin -€24,087
down €24,087 (-22.5%), from €107,249 to €83,162
- Taxes -€7,201
down €7,201 (-62.4%), from €11,542 to €4,341
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 | €487,626 | €504,417 | +€16,791 | +3.4% |
| Fixed assets | 21/28 | €90,606 | €87,205 | -€3,400 | -3.8% |
| Tangible fixed assets | 22/27 | €90,606 | €87,205 | -€3,400 | -3.8% |
| Land and buildings | 22 | €83,528 | €83,465 | -€63 | -0.1% |
| Plant, machinery and equipment | 23 | €3,358 | €2,575 | -€784 | -23.3% |
| Furniture and vehicles | 24 | €3,720 | €1,166 | -€2,554 | -68.7% |
| Current assets | 29/58 | €397,020 | €417,212 | +€20,192 | +5.1% |
| Stocks and contracts in progress | 3 | €63,238 | €51,118 | -€12,120 | -19.2% |
| Stocks | 30/36 | €63,238 | €51,118 | -€12,120 | -19.2% |
| Amounts receivable within one year | 40/41 | €53,666 | €49,848 | -€3,818 | -7.1% |
| Trade receivables | 40 | €34,631 | €16,008 | -€18,623 | -53.8% |
| Other amounts receivable | 41 | €19,035 | €33,839 | +€14,805 | +77.8% |
| Cash at bank and in hand | 54/58 | €276,407 | €311,385 | +€34,979 | +12.7% |
| Deferred charges and accrued income | 490/1 | €3,710 | €4,860 | +€1,151 | +31.0% |
| Total equity and liabilities | 10/49 | €487,626 | €504,417 | +€16,791 | +3.4% |
| Equity | 10/15 | €475,564 | €486,723 | +€11,159 | +2.3% |
| Contributions | 10/11 | €163,705 | €163,705 | = | 0.0% |
| Reserves | 13 | €311,859 | €323,017 | +€11,159 | +3.6% |
| Distributable reserves | 133 | €311,859 | €323,017 | +€11,159 | +3.6% |
| Amounts payable | 17/49 | €12,062 | €17,694 | +€5,632 | +46.7% |
| Amounts payable within one year | 42/48 | €12,062 | €17,694 | +€5,632 | +46.7% |
| Trade debts | 44 | €3,462 | €10,468 | +€7,006 | +202% |
| Suppliers | 440/4 | €3,462 | €10,468 | +€7,006 | +202% |
| Advances received on contracts in progress | 46 | €750 | €750 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,190 | €4,397 | +€208 | +5.0% |
| Taxes | 450/3 | €3,254 | €3,273 | +€19 | +0.6% |
| Remuneration and social security | 454/9 | €935 | €1,124 | +€189 | +20.2% |
| Other amounts payable | 47/48 | €3,660 | €2,079 | -€1,581 | -43.2% |
| Remuneration, social security and pensions | 62 | €57,425 | €56,736 | -€689 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,713 | €3,400 | -€313 | -8.4% |
| Other operating charges | 640/8 | €8,408 | €8,527 | +€119 | +1.4% |
| Gross operating margin | 9900 | €107,249 | €83,162 | -€24,087 | -22.5% |
| Operating profit (loss) | 9901 | €37,703 | €14,498 | -€23,204 | -61.5% |
| Financial income | 75/76B | €1,589 | €1,223 | -€366 | -23.0% |
| Recurring financial income | 75 | €1,589 | €1,223 | -€366 | -23.0% |
| Financial charges | 65/66B | €109 | €223 | +€114 | +105% |
| Recurring financial charges | 65 | €109 | €223 | +€114 | +105% |
| Profit (loss) for the period before taxes | 9903 | €39,183 | €15,499 | -€23,683 | -60.4% |
| Income taxes | 67/77 | €11,542 | €4,341 | -€7,201 | -62.4% |
| Profit (loss) for the period | 9904 | €27,641 | €11,159 | -€16,482 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €27,641 | €11,159 | -€16,482 | -59.6% |
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 14 October 2026 via checked.be.