STANDARD ENGINEERING: 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.
STANDARD ENGINEERING
Largest movements
- Receivables within one year +€21,134
up €21,134 (+15.1%), from €139,836 to €160,970
- Tangible fixed assets -€8,868
down €8,868 (-4.3%), from €206,519 to €197,651
- Deferred charges and accrued income +€7,400
up €7,400 (+19.1%), from €38,800 to €46,200
- Trade debts +€20,187
up €20,187 (+12.7%), from €159,169 to €179,357
- Debts after one year +€9,275
up €9,275 (+131%), from €7,103 to €16,378
- Profit (loss) carried forward -€7,995
down €7,995 (-30.3%), from -€26,404 to -€34,400
- Gross operating margin -€7,763
down €7,763 (-67.1%), from €11,564 to €3,801
- Other operating charges -€2,191
down €2,191 (-43.0%), from €5,092 to €2,901
- Financial charges -€450
down €450 (-94.1%), from €478 to €28
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 | €385,407 | €407,074 | +€21,667 | +5.6% |
| Fixed assets | 21/28 | €206,519 | €197,651 | -€8,868 | -4.3% |
| Tangible fixed assets | 22/27 | €206,519 | €197,651 | -€8,868 | -4.3% |
| Land and buildings | 22 | €206,519 | €197,651 | -€8,868 | -4.3% |
| Current assets | 29/58 | €178,888 | €209,423 | +€30,534 | +17.1% |
| Amounts receivable within one year | 40/41 | €139,836 | €160,970 | +€21,134 | +15.1% |
| Trade receivables | 40 | €139,836 | €160,970 | +€21,134 | +15.1% |
| Cash at bank and in hand | 54/58 | €252 | €2,253 | +€2,000 | +793% |
| Deferred charges and accrued income | 490/1 | €38,800 | €46,200 | +€7,400 | +19.1% |
| Total equity and liabilities | 10/49 | €385,407 | €407,074 | +€21,667 | +5.6% |
| Equity | 10/15 | €210,413 | €202,417 | -€7,995 | -3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €218,225 | €218,225 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,404 | -€34,400 | -€7,995 | -30.3% |
| Amounts payable | 17/49 | €174,995 | €204,656 | +€29,662 | +17.0% |
| Amounts payable after more than one year | 17 | €7,103 | €16,378 | +€9,275 | +131% |
| Other amounts payable | 178/9 | €7,103 | €16,378 | +€9,275 | +131% |
| Amounts payable within one year | 42/48 | €167,891 | €188,079 | +€20,187 | +12.0% |
| Financial debts | 43 | €8,722 | €8,722 | = | 0.0% |
| Other loans | 439 | €8,722 | €8,722 | = | 0.0% |
| Trade debts | 44 | €159,169 | €179,357 | +€20,187 | +12.7% |
| Suppliers | 440/4 | €159,169 | €179,357 | +€20,187 | +12.7% |
| Accrued charges and deferred income | 492/3 | - | €200 | +€200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,943 | €8,868 | -€75 | -0.8% |
| Other operating charges | 640/8 | €5,092 | €2,901 | -€2,191 | -43.0% |
| Gross operating margin | 9900 | €11,564 | €3,801 | -€7,763 | -67.1% |
| Operating profit (loss) | 9901 | -€2,470 | -€7,967 | -€5,497 | -223% |
| Financial charges | 65/66B | €478 | €28 | -€450 | -94.1% |
| Recurring financial charges | 65 | €478 | €28 | -€450 | -94.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,948 | -€7,995 | -€5,047 | -171% |
| Profit (loss) for the period | 9904 | -€2,948 | -€7,995 | -€5,047 | -171% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,948 | -€7,995 | -€5,047 | -171% |
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 24 October 2026 via checked.be.