STANDid+: what changed
Two fiscal 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.
STANDid+
Largest movements
- Tangible fixed assets +€140,463
up €140,463 (+235.6%), from €59,628 to €200,091
of which Furniture and vehicles: +€138,036
- Cash -€31,678
down €31,678 (-23.1%), from €136,857 to €105,179
mainly Investment in fixed assets (net) (-€185,633) and Trade debts (-€63,803)
- Receivables within one year -€7,404
down €7,404 (-19.0%), from €39,004 to €31,601
of which Trade receivables: -€10,736
- Deferred charges and accrued income -€5,014
down €5,014 (-69.7%), from €7,191 to €2,177
- Debts after one year +€110,418
up €110,418 (+269.6%), from €40,963 to €151,380
- Trade debts -€63,803
down €63,803 (-98.2%), from €64,997 to €1,194
- Short-term financial debts +€34,969
up €34,969 (+342.3%), from €10,217 to €45,186
- Other debts +€27,830
up €27,830 (+294.5%), from €9,450 to €37,281
- Reserves +€22,926
up €22,926 (+48.2%), from €47,583 to €70,510
- Staff costs -€121,600
down €121,600 (-74.3%), from €163,646 to €42,045
- Gross operating margin -€90,812
down €90,812 (-42.1%), from €215,681 to €124,869
- Depreciation +€38,579
up €38,579 (+585.4%), from €6,591 to €45,170
- Taxes -€8,497
down €8,497 (-78.1%), from €10,874 to €2,376
- Financial charges +€5,171
up €5,171 (+378.5%), from €1,366 to €6,538
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.
Cash bridge derived
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 | €242,680 | €339,048 | +€96,367 | +39.7% |
| Fixed assets | 21/28 | €59,628 | €200,091 | +€140,463 | +235.6% |
| Tangible fixed assets | 22/27 | €59,628 | €200,091 | +€140,463 | +235.6% |
| Plant, machinery and equipment | 23 | €4,290 | €6,717 | +€2,427 | +56.6% |
| Furniture and vehicles | 24 | €55,338 | €193,374 | +€138,036 | +249.4% |
| Current assets | 29/58 | €183,053 | €138,957 | -€44,096 | -24.1% |
| Amounts receivable within one year | 40/41 | €39,004 | €31,601 | -€7,404 | -19.0% |
| Trade receivables | 40 | €30,786 | €20,050 | -€10,736 | -34.9% |
| Other amounts receivable | 41 | €8,218 | €11,551 | +€3,332 | +40.6% |
| Cash at bank and in hand | 54/58 | €136,857 | €105,179 | -€31,678 | -23.1% |
| Deferred charges and accrued income | 490/1 | €7,191 | €2,177 | -€5,014 | -69.7% |
| Total equity and liabilities | 10/49 | €242,680 | €339,048 | +€96,367 | +39.7% |
| Equity | 10/15 | €50,583 | €73,510 | +€22,926 | +45.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €47,583 | €70,510 | +€22,926 | +48.2% |
| Distributable reserves | 133 | €47,583 | €70,510 | +€22,926 | +48.2% |
| Amounts payable | 17/49 | €192,097 | €265,538 | +€73,441 | +38.2% |
| Amounts payable after more than one year | 17 | €40,963 | €151,380 | +€110,418 | +269.6% |
| Financial debts | 170/4 | €40,963 | €151,380 | +€110,418 | +269.6% |
| Amounts payable within one year | 42/48 | €151,134 | €114,131 | -€37,003 | -24.5% |
| Financial debts | 43 | €10,217 | €45,186 | +€34,969 | +342.3% |
| Credit institutions | 430/8 | €10,217 | €45,186 | +€34,969 | +342.3% |
| Trade debts | 44 | €64,997 | €1,194 | -€63,803 | -98.2% |
| Suppliers | 440/4 | €64,997 | €1,194 | -€63,803 | -98.2% |
| Advances received on contracts in progress | 46 | €48,663 | €29,000 | -€19,663 | -40.4% |
| Taxes, remuneration and social security | 45 | €17,807 | €1,470 | -€16,338 | -91.7% |
| Taxes | 450/3 | €624 | €0 | -€624 | -100.0% |
| Remuneration and social security | 454/9 | €17,184 | €1,470 | -€15,714 | -91.4% |
| Other amounts payable | 47/48 | €9,450 | €37,281 | +€27,830 | +294.5% |
| Accrued charges and deferred income | 492/3 | - | €27 | +€27 | |
| Remuneration, social security and pensions | 62 | €163,646 | €42,045 | -€121,600 | -74.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,591 | €45,170 | +€38,579 | +585.4% |
| Other operating charges | 640/8 | €4,280 | €5,857 | +€1,576 | +36.8% |
| Gross operating margin | 9900 | €215,681 | €124,869 | -€90,812 | -42.1% |
| Operating profit (loss) | 9901 | €41,165 | €31,798 | -€9,367 | -22.8% |
| Financial income | 75/76B | €14 | €42 | +€29 | +207.3% |
| Recurring financial income | 75 | €14 | €42 | +€29 | +207.3% |
| Financial charges | 65/66B | €1,366 | €6,538 | +€5,171 | +378.5% |
| Recurring financial charges | 65 | €1,366 | €6,538 | +€5,171 | +378.5% |
| Profit (loss) for the period before taxes | 9903 | €39,812 | €25,303 | -€14,510 | -36.4% |
| Income taxes | 67/77 | €10,874 | €2,376 | -€8,497 | -78.1% |
| Profit (loss) for the period | 9904 | €28,939 | €22,926 | -€6,012 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,939 | €22,926 | -€6,012 | -20.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.