STANDAERT V. & Co: 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
STANDAERT V. & Co
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€64,494
2024 · €34,367+€30,127
Equity
€454,954
2024 · €393,420+€61,534
Cash
€493,297
2024 · €370,439+€122,857
Balance sheet total
€905,770
2024 · €813,875+€91,895
Largest movements
Assets
- Cash +€122,857
up €122,857 (+33.2%), from €370,439 to €493,297
mainly Current portion of long-term debt (+€352,000) and Net result for the year (+€64,494)
- Tangible fixed assets -€34,639
down €34,639 (-9.2%), from €376,002 to €341,363
of which Land and buildings: -€27,076
Equity and liabilities
- Debts after one year -€352,000
down €352,000 (-100%), from €352,000 to €0
- Current portion of long-term debt +€352,000
new in 2025: €352,000
- Reserves +€61,994
up €61,994 (+21.1%), from €293,822 to €355,816
of which Distributable reserves: +€61,994
- Tax, wage and social debts +€17,306
up €17,306 (+507%), from €3,413 to €20,719
Income statement
- Gross operating margin +€40,401
up €40,401 (+42.9%), from €94,222 to €134,623
- Taxes +€10,845
up €10,845 (+80.6%), from €13,450 to €24,296
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.
Result 2024
€34,367
Gross operating margin
+€40,401
Depreciation
-€82
Other operating charges
-€188
Financial income
+€1,111
Financial charges
-€269
Taxes
-€10,845
Result 2025
€64,494
raises the resultlowers the result
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.
From operations
+€128,551
Investment
-€2,734
Financing
-€2,960
Cash 2024
€370,439
From operations (derived)
+€128,551
Net result for the year
+€64,494
Depreciation
+€37,373
Receivables within one year
-€3,591
Smaller working-capital items
+€89
Trade debts
+€8,772
Tax, wage and social debts
+€17,306
Other debts
+€4,108
Investment (derived)
-€2,734
Investment in fixed assets (net)
-€2,734
Financing
-€2,960
Debts after one year
-€352,000
Current portion of long-term debt
+€352,000
Contributions, distributions and other
-€2,960
Cash 2025
€493,297
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €813,875 | €905,770 | +€91,895 | +11.3% |
| Fixed assets | 21/28 | €376,752 | €342,113 | -€34,639 | -9.2% |
| Tangible fixed assets | 22/27 | €376,002 | €341,363 | -€34,639 | -9.2% |
| Land and buildings | 22 | €345,481 | €318,404 | -€27,076 | -7.8% |
| Furniture and vehicles | 24 | €29,884 | €22,321 | -€7,563 | -25.3% |
| Other tangible fixed assets | 26 | €638 | €638 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €437,123 | €563,657 | +€126,534 | +28.9% |
| Amounts receivable within one year | 40/41 | €65,282 | €68,872 | +€3,591 | +5.5% |
| Trade receivables | 40 | €51,696 | €68,576 | +€16,880 | +32.7% |
| Other amounts receivable | 41 | €13,585 | €296 | -€13,289 | -97.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €370,439 | €493,297 | +€122,857 | +33.2% |
| Deferred charges and accrued income | 490/1 | €1,402 | €1,488 | +€86 | +6.1% |
| Total equity and liabilities | 10/49 | €813,875 | €905,770 | +€91,895 | +11.3% |
| Equity | 10/15 | €393,420 | €454,954 | +€61,534 | +15.6% |
| Contributions | 10/11 | €93,000 | €93,000 | = | 0.0% |
| Reserves | 13 | €293,822 | €355,816 | +€61,994 | +21.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €293,822 | €355,816 | +€61,994 | +21.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €6,597 | €6,137 | -€460 | -7.0% |
| Provisions and deferred taxes | 16 | €17,750 | €17,523 | -€227 | -1.3% |
| Provisions for liabilities and charges | 160/5 | €14,500 | €14,500 | = | 0.0% |
| Pensions and similar obligations | 160 | €14,500 | €14,500 | = | 0.0% |
| Deferred taxes | 168 | €3,250 | €3,023 | -€227 | -7.0% |
| Amounts payable | 17/49 | €402,706 | €433,294 | +€30,588 | +7.6% |
| Amounts payable after more than one year | 17 | €352,000 | €0 | -€352,000 | -100% |
| Financial debts | 170/4 | €352,000 | €0 | -€352,000 | -100% |
| Amounts payable within one year | 42/48 | €48,510 | €430,696 | +€382,186 | +788% |
| Current portion of amounts payable after more than one year | 42 | - | €352,000 | +€352,000 | |
| Trade debts | 44 | €6,591 | €15,364 | +€8,772 | +133% |
| Suppliers | 440/4 | €6,591 | €15,364 | +€8,772 | +133% |
| Bills of exchange payable | 441 | €0 | - | = | |
| Advances received on contracts in progress | 46 | €1,975 | €1,975 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,413 | €20,719 | +€17,306 | +507% |
| Taxes | 450/3 | €3,413 | €20,719 | +€17,306 | +507% |
| Other amounts payable | 47/48 | €36,530 | €40,638 | +€4,108 | +11.2% |
| Accrued charges and deferred income | 492/3 | €2,196 | €2,598 | +€402 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,290 | €37,373 | +€82 | +0.2% |
| Other operating charges | 640/8 | €2,023 | €2,210 | +€188 | +9.3% |
| Gross operating margin | 9900 | €94,222 | €134,623 | +€40,401 | +42.9% |
| Operating profit (loss) | 9901 | €54,909 | €95,040 | +€40,131 | +73.1% |
| Financial income | 75/76B | €10,949 | €12,060 | +€1,111 | +10.1% |
| Recurring financial income | 75 | €10,949 | €12,060 | +€1,111 | +10.1% |
| Financial charges | 65/66B | €18,268 | €18,537 | +€269 | +1.5% |
| Recurring financial charges | 65 | €18,268 | €18,537 | +€269 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €47,590 | €88,563 | +€40,973 | +86.1% |
| Transfer from deferred taxes | 780 | €227 | €227 | = | 0.0% |
| Income taxes | 67/77 | €13,450 | €24,296 | +€10,845 | +80.6% |
| Profit (loss) for the period | 9904 | €34,367 | €64,494 | +€30,127 | +87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,367 | €64,494 | +€30,127 | +87.7% |
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 17 October 2026 via checked.be.