STANDING BOUWPARTNERS: 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.
What changed
STANDING BOUWPARTNERS
NACE 64.210, Activities of holding companies
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.5m
2024 · €4,909+€1.5m
Equity
€3.9m
2024 · €3.7m+€211,465
Cash
€109,639
2024 · €69,951+€39,688
Balance sheet total
€4.5m
2024 · €4.0m+€498,143
Largest movements
Assets
- Receivables within one year +€374,324
up €374,324 (+830%), from €45,080 to €419,404
of which Other amounts receivable: +€361,960
- Stocks and contracts +€84,131
up €84,131 (+23.6%), from €357,070 to €441,201
Equity and liabilities
- Other debts +€322,661
up €322,661 (+413%), from €78,157 to €400,818
- Reserves +€211,465
up €211,465 (+8.0%), from €2.6m to €2.8m
of which Distributable reserves: +€211,465
Income statement
- Financial income +€1.5m
new in 2025: €1.5m
- Turnover -€241,350
down €241,350 (-53.1%), from €454,450 to €213,100
- Services and other goods -€194,275
down €194,275 (-57.1%), from €340,311 to €146,036
- Goods and materials -€23,920
down €23,920 (-21.0%), from €114,090 to €90,170
of which Change in stocks: decrease (increase): -€84,131
- Other operating income -€10,455
no longer reported in 2025 (was €10,455)
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.
Result 2024
€4,909
Turnover
-€241,350
Other operating income
-€10,455
Goods and materials
+€23,920
Services and other goods
+€194,275
Other operating charges
+€1,086
Other operating items
+€154
Financial income
+€1.5m
Financial charges
+€2,391
Taxes
+€1,636
Result 2025
€1.5m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.3m
Investment
€0
Financing
-€1.3m
Cash 2024
€69,951
From operations (derived)
+€1.3m
Net result for the year
+€1.5m
Stocks and contracts
-€84,131
Receivables within one year
-€374,324
Trade debts
-€23,037
Tax, wage and social debts
+€55
Other debts
+€322,661
Accrued charges and deferred income
+€4,690
Financing
-€1.3m
Short-term financial debts
-€17,691
Contributions, distributions and other
-€1.3m
Cash 2025
€109,639
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,021,645 | €4,519,789 | +€498,143 | +12.4% |
| Fixed assets | 21/28 | €3,549,545 | €3,549,545 | = | 0.0% |
| Financial fixed assets | 28 | €3,549,545 | €3,549,545 | = | 0.0% |
| Affiliated companies | 280/1 | €3,549,545 | €3,549,545 | = | 0.0% |
| Participating interests | 280 | €3,549,545 | €3,549,545 | = | 0.0% |
| Current assets | 29/58 | €472,101 | €970,244 | +€498,143 | +106% |
| Stocks and contracts in progress | 3 | €357,070 | €441,201 | +€84,131 | +23.6% |
| Stocks | 30/36 | €357,070 | €441,201 | +€84,131 | +23.6% |
| Raw materials and consumables | 30/31 | - | €441,201 | +€441,201 | |
| Property held for sale | 35 | €357,070 | - | -€357,070 | |
| Amounts receivable within one year | 40/41 | €45,080 | €419,404 | +€374,324 | +830% |
| Trade receivables | 40 | €742 | €13,106 | +€12,364 | +1,666% |
| Other amounts receivable | 41 | €44,338 | €406,298 | +€361,960 | +816% |
| Cash at bank and in hand | 54/58 | €69,951 | €109,639 | +€39,688 | +56.7% |
| Total equity and liabilities | 10/49 | €4,021,645 | €4,519,789 | +€498,143 | +12.4% |
| Equity | 10/15 | €3,738,408 | €3,949,872 | +€211,465 | +5.7% |
| Contributions | 10/11 | €1,100,000 | €1,100,000 | = | 0.0% |
| Capital | 10 | €1,100,000 | €1,100,000 | = | 0.0% |
| Issued capital | 100 | €1,100,000 | €1,100,000 | = | 0.0% |
| Reserves | 13 | €2,638,408 | €2,849,872 | +€211,465 | +8.0% |
| Non-distributable reserves | 130/1 | €110,000 | €110,000 | = | 0.0% |
| Legal reserve | 130 | €110,000 | €110,000 | = | 0.0% |
| Distributable reserves | 133 | €2,528,408 | €2,739,872 | +€211,465 | +8.4% |
| Amounts payable | 17/49 | €283,238 | €569,916 | +€286,679 | +101% |
| Amounts payable within one year | 42/48 | €281,197 | €563,185 | +€281,988 | +100% |
| Financial debts | 43 | €17,691 | - | -€17,691 | |
| Credit institutions | 430/8 | €17,691 | - | -€17,691 | |
| Trade debts | 44 | €185,349 | €162,312 | -€23,037 | -12.4% |
| Suppliers | 440/4 | €25,349 | €2,312 | -€23,037 | -90.9% |
| Bills of exchange payable | 441 | €160,000 | €160,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | - | €55 | +€55 | |
| Taxes | 450/3 | - | €55 | +€55 | |
| Other amounts payable | 47/48 | €78,157 | €400,818 | +€322,661 | +413% |
| Accrued charges and deferred income | 492/3 | €2,041 | €6,731 | +€4,690 | +230% |
| Operating income | 70/76A | €464,905 | €213,304 | -€251,602 | -54.1% |
| Turnover | 70 | €454,450 | €213,100 | -€241,350 | -53.1% |
| Other operating income | 74 | €10,455 | - | -€10,455 | |
| Non-recurring operating income | 76A | - | €204 | +€204 | |
| Operating charges | 60/66A | €455,487 | €236,256 | -€219,231 | -48.1% |
| Goods for resale, raw materials and consumables | 60 | €114,090 | €90,170 | -€23,920 | -21.0% |
| Purchases | 600/8 | €114,090 | €174,301 | +€60,211 | +52.8% |
| Change in stocks: decrease (increase) | 609 | - | -€84,131 | -€84,131 | |
| Services and other goods | 61 | €340,311 | €146,036 | -€194,275 | -57.1% |
| Other operating charges | 640/8 | €1,086 | - | -€1,086 | |
| Non-recurring operating charges | 66A | - | €50 | +€50 | |
| Operating profit (loss) | 9901 | €9,419 | -€22,952 | -€32,371 | |
| Financial income | 75/76B | - | €1,499,899 | +€1.5m | |
| Recurring financial income | 75 | - | €1,499,899 | +€1.5m | |
| Income from financial fixed assets | 750 | - | €1,499,808 | +€1.5m | |
| Other financial income | 752/9 | - | €92 | +€92 | |
| Financial charges | 65/66B | €2,874 | €483 | -€2,391 | -83.2% |
| Recurring financial charges | 65 | €2,874 | €483 | -€2,391 | -83.2% |
| Debt charges | 650 | €2,874 | €33 | -€2,841 | -98.8% |
| Other financial charges | 652/9 | - | €449 | +€449 | |
| Profit (loss) for the period before taxes | 9903 | €6,545 | €1,476,465 | +€1.5m | +22,459% |
| Income taxes | 67/77 | €1,636 | - | -€1,636 | |
| Taxes | 670/3 | €1,636 | - | -€1,636 | |
| Profit (loss) for the period | 9904 | €4,909 | €1,476,465 | +€1.5m | +29,979% |
| Profit (loss) for the period to be appropriated | 9905 | €4,909 | €1,476,465 | +€1.5m | +29,979% |
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 28 October 2026 via checked.be.