STANDELDONCK: 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.
STANDELDONCK
Largest movements
- Cash -€66,904
down €66,904 (-86.8%), from €77,042 to €10,138
mainly Trade debts (-€170,621) and Receivables within one year (-€27,906)
- Tangible fixed assets -€49,661
down €49,661 (-3.9%), from €1.3m to €1.2m
- Receivables within one year +€27,906
up €27,906 (+24.6%), from €113,483 to €141,389
of which Other amounts receivable: +€22,563
- Trade debts -€170,621
down €170,621 (-87.4%), from €195,138 to €24,517
- Reserves +€68,768
up €68,768 (+10.6%), from €647,229 to €715,997
of which Distributable reserves: +€84,518
- Tax, wage and social debts +€30,503
up €30,503 (+389%), from €7,834 to €38,337
- Other debts -€25,200
down €25,200 (-18.3%), from €137,468 to €112,268
- Gross operating margin +€96,359
up €96,359 (+70.0%), from €137,580 to €233,939
- Taxes +€30,396
up €30,396 (+8,201%), from €371 to €30,766
- Other operating charges +€2,494
up €2,494 (+3.1%), from €79,930 to €82,424
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 | €1,459,061 | €1,365,465 | -€93,596 | -6.4% |
| Fixed assets | 21/28 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Tangible fixed assets | 22/27 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Land and buildings | 22 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Current assets | 29/58 | €195,462 | €151,527 | -€43,935 | -22.5% |
| Amounts receivable within one year | 40/41 | €113,483 | €141,389 | +€27,906 | +24.6% |
| Trade receivables | 40 | - | €5,343 | +€5,343 | |
| Other amounts receivable | 41 | €113,483 | €136,046 | +€22,563 | +19.9% |
| Cash at bank and in hand | 54/58 | €77,042 | €10,138 | -€66,904 | -86.8% |
| Deferred charges and accrued income | 490/1 | €4,937 | €0 | -€4,937 | -100% |
| Total equity and liabilities | 10/49 | €1,459,061 | €1,365,465 | -€93,596 | -6.4% |
| Equity | 10/15 | €1,022,293 | €1,091,061 | +€68,768 | +6.7% |
| Contributions | 10/11 | €375,064 | €375,064 | = | 0.0% |
| Capital | 10 | €375,064 | €375,064 | = | 0.0% |
| Issued capital | 100 | €375,064 | €375,064 | = | 0.0% |
| Reserves | 13 | €647,229 | €715,997 | +€68,768 | +10.6% |
| Non-distributable reserves | 130/1 | €87,506 | €87,506 | = | 0.0% |
| Legal reserve | 130 | €87,506 | €87,506 | = | 0.0% |
| Tax-exempt reserves | 132 | €261,983 | €246,234 | -€15,749 | -6.0% |
| Distributable reserves | 133 | €297,739 | €382,257 | +€84,518 | +28.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €87,328 | €82,078 | -€5,250 | -6.0% |
| Deferred taxes | 168 | €87,328 | €82,078 | -€5,250 | -6.0% |
| Amounts payable | 17/49 | €349,441 | €192,326 | -€157,115 | -45.0% |
| Amounts payable within one year | 42/48 | €340,440 | €175,122 | -€165,318 | -48.6% |
| Trade debts | 44 | €195,138 | €24,517 | -€170,621 | -87.4% |
| Suppliers | 440/4 | €195,138 | €24,517 | -€170,621 | -87.4% |
| Taxes, remuneration and social security | 45 | €7,834 | €38,337 | +€30,503 | +389% |
| Taxes | 450/3 | €7,834 | €38,337 | +€30,503 | +389% |
| Other amounts payable | 47/48 | €137,468 | €112,268 | -€25,200 | -18.3% |
| Accrued charges and deferred income | 492/3 | €9,001 | €17,205 | +€8,203 | +91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,662 | €49,661 | -€0 | 0.0% |
| Other operating charges | 640/8 | €79,930 | €82,424 | +€2,494 | +3.1% |
| Gross operating margin | 9900 | €137,580 | €233,939 | +€96,359 | +70.0% |
| Operating profit (loss) | 9901 | €7,988 | €101,854 | +€93,866 | +1,175% |
| Financial income | 75/76B | €0 | €1,196 | +€1,196 | +3,986,867% |
| Recurring financial income | 75 | €0 | €1,196 | +€1,196 | +3,986,867% |
| Financial charges | 65/66B | €9,627 | €8,765 | -€862 | -9.0% |
| Recurring financial charges | 65 | €9,627 | €8,765 | -€862 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,639 | €94,285 | +€95,924 | |
| Transfer from deferred taxes | 780 | €5,250 | €5,250 | = | 0.0% |
| Income taxes | 67/77 | €371 | €30,766 | +€30,396 | +8,201% |
| Profit (loss) for the period | 9904 | €3,240 | €68,768 | +€65,528 | +2,022% |
| Transfer from tax-exempt reserves | 789 | €15,749 | €15,749 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,990 | €84,518 | +€65,528 | +345% |
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 15 October 2026 via checked.be.