STANDAERT ANN: 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 ANN
Largest movements
- Current investments +€11,362
new in 2025: €11,362
- Cash -€7,633
no longer reported in 2025 (was €7,633)
mainly Debts after one year (-€30,685) and Investment in fixed assets (net) (-€25,918)
- Other debts +€52,669
up €52,669 (+35.1%), from €149,886 to €202,554
- Debts after one year -€30,685
down €30,685 (-12.1%), from €254,620 to €223,935
- Profit (loss) carried forward -€16,361
down €16,361 (-99.1%), from -€16,502 to -€32,863
- Gross operating margin +€2,778
up €2,778 (+16.9%), from €16,400 to €19,178
- Depreciation +€1,349
up €1,349 (+5.0%), from €27,021 to €28,371
- Financial charges -€829
down €829 (-16.1%), from €5,147 to €4,318
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 | €579,873 | €579,815 | -€58 | 0.0% |
| Fixed assets | 21/28 | €565,406 | €562,953 | -€2,453 | -0.4% |
| Tangible fixed assets | 22/27 | €565,406 | €562,953 | -€2,453 | -0.4% |
| Land and buildings | 22 | €555,898 | €555,784 | -€114 | 0.0% |
| Plant, machinery and equipment | 23 | €1,650 | €1,132 | -€519 | -31.4% |
| Furniture and vehicles | 24 | €7,858 | €6,037 | -€1,820 | -23.2% |
| Current assets | 29/58 | €14,467 | €16,862 | +€2,395 | +16.6% |
| Amounts receivable within one year | 40/41 | €3,771 | €795 | -€2,976 | -78.9% |
| Trade receivables | 40 | - | €795 | +€795 | |
| Other amounts receivable | 41 | €3,771 | - | -€3,771 | |
| Current investments | 50/53 | - | €11,362 | +€11,362 | |
| Cash at bank and in hand | 54/58 | €7,633 | - | -€7,633 | |
| Deferred charges and accrued income | 490/1 | €3,063 | €4,705 | +€1,642 | +53.6% |
| Total equity and liabilities | 10/49 | €579,873 | €579,815 | -€58 | 0.0% |
| Equity | 10/15 | €137,036 | €118,319 | -€18,717 | -13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €134,937 | €132,582 | -€2,356 | -1.7% |
| Tax-exempt reserves | 132 | €52,053 | €49,697 | -€2,356 | -4.5% |
| Distributable reserves | 133 | €82,885 | €82,885 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,502 | -€32,863 | -€16,361 | -99.1% |
| Provisions and deferred taxes | 16 | €13,013 | €12,424 | -€589 | -4.5% |
| Deferred taxes | 168 | €13,013 | €12,424 | -€589 | -4.5% |
| Amounts payable | 17/49 | €429,824 | €449,072 | +€19,248 | +4.5% |
| Amounts payable after more than one year | 17 | €254,620 | €223,935 | -€30,685 | -12.1% |
| Financial debts | 170/4 | €254,620 | €223,935 | -€30,685 | -12.1% |
| Amounts payable within one year | 42/48 | €171,638 | €222,069 | +€50,432 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €15,352 | €15,685 | +€333 | +2.2% |
| Trade debts | 44 | €5,723 | €2,878 | -€2,845 | -49.7% |
| Suppliers | 440/4 | €5,723 | €2,878 | -€2,845 | -49.7% |
| Taxes, remuneration and social security | 45 | €677 | €952 | +€275 | +40.5% |
| Taxes | 450/3 | €677 | €952 | +€275 | +40.5% |
| Other amounts payable | 47/48 | €149,886 | €202,554 | +€52,669 | +35.1% |
| Accrued charges and deferred income | 492/3 | €3,566 | €3,067 | -€499 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,021 | €28,371 | +€1,349 | +5.0% |
| Other operating charges | 640/8 | €5,436 | €5,566 | +€130 | +2.4% |
| Gross operating margin | 9900 | €16,400 | €19,178 | +€2,778 | +16.9% |
| Operating profit (loss) | 9901 | -€16,057 | -€14,758 | +€1,299 | +8.1% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €5,147 | €4,318 | -€829 | -16.1% |
| Recurring financial charges | 65 | €5,147 | €4,318 | -€829 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€21,197 | -€19,076 | +€2,120 | +10.0% |
| Transfer from deferred taxes | 780 | €589 | €589 | = | 0.0% |
| Income taxes | 67/77 | €229 | €229 | +€1 | +0.2% |
| Profit (loss) for the period | 9904 | -€20,836 | -€18,717 | +€2,120 | +10.2% |
| Transfer from tax-exempt reserves | 789 | €2,356 | €2,356 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,481 | -€16,361 | +€2,120 | +11.5% |
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 26 October 2026 via checked.be.