STANDIC ANTWERPEN: 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.
STANDIC ANTWERPEN
Largest movements
- Cash -€2.6m
down €2.6m (-68.6%), from €3.7m to €1.2m
mainly Receivables within one year (-€2.4m) and Tax, wage and social debts (-€728,093)
- Receivables within one year +€2.4m
up €2.4m (+167%), from €1.5m to €3.9m
of which Other amounts receivable: +€1.9m
- Deferred charges and accrued income +€90,525
up €90,525 (+34.8%), from €260,313 to €350,838
- Tax, wage and social debts -€728,093
down €728,093 (-45.2%), from €1.6m to €881,385
of which Taxes: -€701,690
- Trade debts +€629,445
up €629,445 (+46.3%), from €1.4m to €2.0m
- Profit (loss) carried forward +€227,537
up €227,537 (+2.4%), from -€9.6m to -€9.4m
- Provisions -€100,000
no longer reported in 2025 (was €100,000)
- Gross operating margin +€1.1m
up €1.1m (+21.2%), from €5.0m to €6.1m
- Staff costs +€514,475
up €514,475 (+10.0%), from €5.1m to €5.7m
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 | €5,464,777 | €5,439,970 | -€24,807 | -0.5% |
| Current assets | 29/58 | €5,464,777 | €5,439,970 | -€24,807 | -0.5% |
| Amounts receivable within one year | 40/41 | €1,466,634 | €3,914,159 | +€2.4m | +167% |
| Trade receivables | 40 | €1,210,257 | €1,758,226 | +€547,969 | +45.3% |
| Other amounts receivable | 41 | €256,377 | €2,155,933 | +€1.9m | +741% |
| Cash at bank and in hand | 54/58 | €3,737,830 | €1,174,973 | -€2.6m | -68.6% |
| Deferred charges and accrued income | 490/1 | €260,313 | €350,838 | +€90,525 | +34.8% |
| Total equity and liabilities | 10/49 | €5,464,777 | €5,439,970 | -€24,807 | -0.5% |
| Equity | 10/15 | €2,251,631 | €2,479,168 | +€227,537 | +10.1% |
| Contributions | 10/11 | €11,850,000 | €11,850,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,598,369 | -€9,370,832 | +€227,537 | +2.4% |
| Provisions and deferred taxes | 16 | €100,000 | - | -€100,000 | |
| Provisions for liabilities and charges | 160/5 | €100,000 | - | -€100,000 | |
| Other liabilities and charges | 164/5 | €100,000 | - | -€100,000 | |
| Amounts payable | 17/49 | €3,113,146 | €2,960,802 | -€152,344 | -4.9% |
| Amounts payable within one year | 42/48 | €3,008,483 | €2,870,604 | -€137,879 | -4.6% |
| Trade debts | 44 | €1,359,774 | €1,989,219 | +€629,445 | +46.3% |
| Suppliers | 440/4 | €1,359,774 | €1,989,219 | +€629,445 | +46.3% |
| Advances received on contracts in progress | 46 | €39,231 | - | -€39,231 | |
| Taxes, remuneration and social security | 45 | €1,609,478 | €881,385 | -€728,093 | -45.2% |
| Taxes | 450/3 | €928,113 | €226,423 | -€701,690 | -75.6% |
| Remuneration and social security | 454/9 | €681,365 | €654,962 | -€26,403 | -3.9% |
| Accrued charges and deferred income | 492/3 | €104,663 | €90,198 | -€14,465 | -13.8% |
| Remuneration, social security and pensions | 62 | €5,140,948 | €5,655,423 | +€514,475 | +10.0% |
| Other operating charges | 640/8 | €141,469 | €167,790 | +€26,321 | +18.6% |
| Gross operating margin | 9900 | €5,016,202 | €6,078,252 | +€1.1m | +21.2% |
| Operating profit (loss) | 9901 | -€266,215 | €255,039 | +€521,254 | |
| Financial charges | 65/66B | €24,179 | €25,931 | +€1,752 | +7.2% |
| Recurring financial charges | 65 | €24,179 | €25,931 | +€1,752 | +7.2% |
| Profit (loss) for the period before taxes | 9903 | -€290,394 | €229,108 | +€519,502 | |
| Income taxes | 67/77 | €2,002 | €1,571 | -€431 | -21.5% |
| Profit (loss) for the period | 9904 | -€292,396 | €227,537 | +€519,933 | |
| Profit (loss) for the period to be appropriated | 9905 | -€292,396 | €227,537 | +€519,933 |
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 22 October 2026 via checked.be.