STANDAERT - VAN DEN EECKHOUT: 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 - VAN DEN EECKHOUT
Largest movements
- Cash +€25,347
up €25,347 (+7.7%), from €328,204 to €353,551
mainly Net result for the year (+€126,464) and Depreciation (+€21,692)
- Tangible fixed assets -€20,442
down €20,442 (-34.5%), from €59,320 to €38,878
of which Other tangible fixed assets: -€12,571
- Trade debts -€16,704
down €16,704 (-65.1%), from €25,673 to €8,968
- Tax, wage and social debts +€12,484
up €12,484 (+208%), from €6,000 to €18,484
- Other debts +€10,017
up €10,017 (+74.4%), from €13,458 to €23,474
- Gross operating margin +€41,706
up €41,706 (+18.1%), from €230,015 to €271,722
- Taxes +€15,813
up €15,813 (+38.0%), from €41,583 to €57,396
- Staff costs -€7,665
down €7,665 (-11.0%), from €69,570 to €61,904
- Depreciation -€4,629
down €4,629 (-17.6%), from €26,321 to €21,692
- Financial income -€3,319
down €3,319 (-71.3%), from €4,655 to €1,336
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 | €425,605 | €429,996 | +€4,391 | +1.0% |
| Fixed assets | 21/28 | €60,570 | €38,878 | -€21,692 | -35.8% |
| Intangible fixed assets | 21 | €1,250 | €0 | -€1,250 | -100% |
| Tangible fixed assets | 22/27 | €59,320 | €38,878 | -€20,442 | -34.5% |
| Plant, machinery and equipment | 23 | €281 | €0 | -€281 | -100% |
| Furniture and vehicles | 24 | €26,241 | €18,652 | -€7,589 | -28.9% |
| Other tangible fixed assets | 26 | €32,797 | €20,225 | -€12,571 | -38.3% |
| Current assets | 29/58 | €365,036 | €391,119 | +€26,083 | +7.1% |
| Amounts receivable within one year | 40/41 | €18,676 | €18,404 | -€272 | -1.5% |
| Trade receivables | 40 | €1,044 | €0 | -€1,044 | -100% |
| Other amounts receivable | 41 | €17,632 | €18,404 | +€772 | +4.4% |
| Current investments | 50/53 | €11,590 | €11,590 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €328,204 | €353,551 | +€25,347 | +7.7% |
| Deferred charges and accrued income | 490/1 | €6,565 | €7,574 | +€1,008 | +15.4% |
| Total equity and liabilities | 10/49 | €425,605 | €429,996 | +€4,391 | +1.0% |
| Equity | 10/15 | €372,597 | €374,451 | +€1,854 | +0.5% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €365,597 | €367,451 | +€1,854 | +0.5% |
| Distributable reserves | 133 | €365,597 | €367,451 | +€1,854 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €53,008 | €55,546 | +€2,538 | +4.8% |
| Amounts payable after more than one year | 17 | €4,409 | €888 | -€3,521 | -79.9% |
| Financial debts | 170/4 | €4,409 | €888 | -€3,521 | -79.9% |
| Amounts payable within one year | 42/48 | €48,599 | €54,658 | +€6,058 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €3,469 | €3,521 | +€52 | +1.5% |
| Trade debts | 44 | €25,673 | €8,968 | -€16,704 | -65.1% |
| Suppliers | 440/4 | €25,673 | €8,968 | -€16,704 | -65.1% |
| Advances received on contracts in progress | 46 | - | €210 | +€210 | |
| Taxes, remuneration and social security | 45 | €6,000 | €18,484 | +€12,484 | +208% |
| Taxes | 450/3 | €6,000 | €18,484 | +€12,484 | +208% |
| Other amounts payable | 47/48 | €13,458 | €23,474 | +€10,017 | +74.4% |
| Remuneration, social security and pensions | 62 | €69,570 | €61,904 | -€7,665 | -11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,321 | €21,692 | -€4,629 | -17.6% |
| Other operating charges | 640/8 | €3,334 | €3,532 | +€198 | +5.9% |
| Gross operating margin | 9900 | €230,015 | €271,722 | +€41,706 | +18.1% |
| Operating profit (loss) | 9901 | €130,791 | €184,593 | +€53,803 | +41.1% |
| Financial income | 75/76B | €4,655 | €1,336 | -€3,319 | -71.3% |
| Recurring financial income | 75 | €4,655 | €1,336 | -€3,319 | -71.3% |
| Financial charges | 65/66B | €546 | €2,070 | +€1,524 | +279% |
| Recurring financial charges | 65 | €546 | €2,070 | +€1,524 | +279% |
| Profit (loss) for the period before taxes | 9903 | €134,899 | €183,859 | +€48,960 | +36.3% |
| Income taxes | 67/77 | €41,583 | €57,396 | +€15,813 | +38.0% |
| Profit (loss) for the period | 9904 | €93,316 | €126,464 | +€33,148 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €93,316 | €126,464 | +€33,148 | +35.5% |
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 30 October 2026 via checked.be.