Standaert - Van Houts: 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 Houts
Largest movements
- Cash +€103,156
up €103,156 (+108%), from €95,665 to €198,821
mainly Net result for the year (+€41,901) and Trade debts (+€28,520)
- Tangible fixed assets +€29,890
up €29,890 (+47.0%), from €63,623 to €93,513
of which Furniture and vehicles: +€32,191
- Deferred charges and accrued income -€21,412
down €21,412 (-25.1%), from €85,457 to €64,044
- Reserves +€38,190
up €38,190 (+181%), from €21,137 to €59,327
- Trade debts +€28,520
up €28,520 (+349%), from €8,183 to €36,703
- Debts after one year +€22,516
up €22,516 (+15.0%), from €150,000 to €172,516
- Tax, wage and social debts +€11,942
up €11,942 (+116%), from €10,310 to €22,252
of which Taxes: +€8,109
- Current portion of long-term debt +€9,521
new in 2025: €9,521
- Gross operating margin +€30,302
up €30,302 (+27.5%), from €110,317 to €140,620
- Taxes +€8,285
up €8,285 (+190%), from €4,361 to €12,646
- Staff costs -€7,449
down €7,449 (-11.3%), from €65,937 to €58,488
- Depreciation +€5,846
up €5,846 (+56.3%), from €10,376 to €16,222
- Other operating charges +€2,011
up €2,011 (+481%), from €418 to €2,429
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 | €244,745 | €356,379 | +€111,634 | +45.6% |
| Fixed assets | 21/28 | €63,623 | €93,513 | +€29,890 | +47.0% |
| Tangible fixed assets | 22/27 | €63,623 | €93,513 | +€29,890 | +47.0% |
| Land and buildings | 22 | €53,029 | €50,421 | -€2,609 | -4.9% |
| Plant, machinery and equipment | 23 | €6,869 | €7,176 | +€307 | +4.5% |
| Furniture and vehicles | 24 | €3,724 | €35,916 | +€32,191 | +864% |
| Current assets | 29/58 | €181,121 | €262,866 | +€81,744 | +45.1% |
| Cash at bank and in hand | 54/58 | €95,665 | €198,821 | +€103,156 | +108% |
| Deferred charges and accrued income | 490/1 | €85,457 | €64,044 | -€21,412 | -25.1% |
| Total equity and liabilities | 10/49 | €244,745 | €356,379 | +€111,634 | +45.6% |
| Equity | 10/15 | €36,137 | €74,327 | +€38,190 | +106% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €21,137 | €59,327 | +€38,190 | +181% |
| Distributable reserves | 133 | €21,137 | €59,327 | +€38,190 | +181% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €208,608 | €282,052 | +€73,444 | +35.2% |
| Amounts payable after more than one year | 17 | €150,000 | €172,516 | +€22,516 | +15.0% |
| Financial debts | 170/4 | €150,000 | €172,516 | +€22,516 | +15.0% |
| Amounts payable within one year | 42/48 | €25,544 | €69,623 | +€44,080 | +173% |
| Current portion of amounts payable after more than one year | 42 | - | €9,521 | +€9,521 | |
| Trade debts | 44 | €8,183 | €36,703 | +€28,520 | +349% |
| Suppliers | 440/4 | €8,183 | €36,703 | +€28,520 | +349% |
| Taxes, remuneration and social security | 45 | €10,310 | €22,252 | +€11,942 | +116% |
| Taxes | 450/3 | €4,763 | €12,872 | +€8,109 | +170% |
| Remuneration and social security | 454/9 | €5,547 | €9,380 | +€3,833 | +69.1% |
| Other amounts payable | 47/48 | €7,052 | €1,148 | -€5,904 | -83.7% |
| Accrued charges and deferred income | 492/3 | €33,064 | €39,912 | +€6,848 | +20.7% |
| Remuneration, social security and pensions | 62 | €65,937 | €58,488 | -€7,449 | -11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,376 | €16,222 | +€5,846 | +56.3% |
| Other operating charges | 640/8 | €418 | €2,429 | +€2,011 | +481% |
| Gross operating margin | 9900 | €110,317 | €140,620 | +€30,302 | +27.5% |
| Operating profit (loss) | 9901 | €33,586 | €63,481 | +€29,895 | +89.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €8,088 | €8,934 | +€845 | +10.5% |
| Recurring financial charges | 65 | €8,088 | €8,934 | +€845 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €25,498 | €54,547 | +€29,049 | +114% |
| Income taxes | 67/77 | €4,361 | €12,646 | +€8,285 | +190% |
| Profit (loss) for the period | 9904 | €21,137 | €41,901 | +€20,764 | +98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,137 | €41,901 | +€20,764 | +98.2% |
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.