STANKIEWICZ & ZOON: 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.
STANKIEWICZ & ZOON
Largest movements
- Tangible fixed assets -€9,655
down €9,655 (-10.2%), from €94,946 to €85,291
of which Land and buildings: -€9,460
- Receivables within one year +€1,911
up €1,911 (+8.6%), from €22,109 to €24,020
of which Other amounts receivable: +€9,776
- Debts after one year -€8,709
down €8,709 (-9.1%), from €95,319 to €86,610
- Trade debts +€3,858
up €3,858 (+81.1%), from €4,759 to €8,618
- Reserves -€2,300
down €2,300 (-15.0%), from €15,370 to €13,070
- Gross operating margin +€16,972
up €16,972, from -€6,711 to €10,261
- Other operating charges -€801
down €801 (-28.9%), from €2,772 to €1,972
- Financial income +€311
up €311 (+41.5%), from €750 to €1,061
- Taxes -€289
no longer reported in 2025 (was €289)
- Financial charges -€189
down €189 (-5.6%), from €3,349 to €3,160
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 | €139,247 | €131,190 | -€8,057 | -5.8% |
| Fixed assets | 21/28 | €94,946 | €85,291 | -€9,655 | -10.2% |
| Tangible fixed assets | 22/27 | €94,946 | €85,291 | -€9,655 | -10.2% |
| Land and buildings | 22 | €94,600 | €85,140 | -€9,460 | -10.0% |
| Plant, machinery and equipment | 23 | €346 | €151 | -€195 | -56.3% |
| Current assets | 29/58 | €44,301 | €45,899 | +€1,598 | +3.6% |
| Amounts receivable after more than one year | 29 | €21,127 | €21,127 | = | 0.0% |
| Other amounts receivable | 291 | €21,127 | €21,127 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €22,109 | €24,020 | +€1,911 | +8.6% |
| Trade receivables | 40 | €17,817 | €9,952 | -€7,865 | -44.1% |
| Other amounts receivable | 41 | €4,293 | €14,069 | +€9,776 | +228% |
| Cash at bank and in hand | 54/58 | €449 | €305 | -€145 | -32.2% |
| Deferred charges and accrued income | 490/1 | €615 | €447 | -€168 | -27.3% |
| Total equity and liabilities | 10/49 | €139,247 | €131,190 | -€8,057 | -5.8% |
| Equity | 10/15 | €27,770 | €24,305 | -€3,465 | -12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €15,370 | €13,070 | -€2,300 | -15.0% |
| Distributable reserves | 133 | €15,370 | €13,070 | -€2,300 | -15.0% |
| Profit (loss) carried forward | 14 | - | -€1,165 | -€1,165 | |
| Amounts payable | 17/49 | €111,477 | €106,885 | -€4,592 | -4.1% |
| Amounts payable after more than one year | 17 | €95,319 | €86,610 | -€8,709 | -9.1% |
| Financial debts | 170/4 | €95,319 | €86,610 | -€8,709 | -9.1% |
| Amounts payable within one year | 42/48 | €16,158 | €20,275 | +€4,117 | +25.5% |
| Current portion of amounts payable after more than one year | 42 | €8,450 | €8,709 | +€259 | +3.1% |
| Trade debts | 44 | €4,759 | €8,618 | +€3,858 | +81.1% |
| Suppliers | 440/4 | €4,759 | €8,618 | +€3,858 | +81.1% |
| Advances received on contracts in progress | 46 | €2,660 | €2,660 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €289 | €289 | = | 0.0% |
| Taxes | 450/3 | €289 | €289 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,655 | €9,655 | = | 0.0% |
| Other operating charges | 640/8 | €2,772 | €1,972 | -€801 | -28.9% |
| Gross operating margin | 9900 | -€6,711 | €10,261 | +€16,972 | |
| Operating profit (loss) | 9901 | -€19,138 | -€1,366 | +€17,772 | +92.9% |
| Financial income | 75/76B | €750 | €1,061 | +€311 | +41.5% |
| Recurring financial income | 75 | €750 | €1,061 | +€311 | +41.5% |
| Financial charges | 65/66B | €3,349 | €3,160 | -€189 | -5.6% |
| Recurring financial charges | 65 | €3,349 | €3,160 | -€189 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,737 | -€3,465 | +€18,273 | +84.1% |
| Income taxes | 67/77 | €289 | - | -€289 | |
| Profit (loss) for the period | 9904 | -€22,027 | -€3,465 | +€18,562 | +84.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,027 | -€3,465 | +€18,562 | +84.3% |
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 13 October 2026 via checked.be.