STANN: 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.
STANN
Largest movements
- Receivables within one year -€178,091
down €178,091 (-30.7%), from €579,167 to €401,076
of which Trade receivables: -€270,491
- Cash +€130,464
up €130,464 (+35684.0%), from €366 to €130,830
mainly Tax, wage and social debts (+€439,546) and Receivables within one year (+€178,091)
- Deferred charges and accrued income +€129,132
up €129,132 (+28.5%), from €453,183 to €582,315
- Receivables after one year -€104,130
down €104,130 (-37.2%), from €279,758 to €175,628
- Tangible fixed assets +€66,639
up €66,639 (+22.6%), from €295,100 to €361,739
of which Leasing and similar rights: +€65,065
- Trade debts -€566,498
down €566,498 (-77.0%), from €736,125 to €169,627
- Tax, wage and social debts +€439,546
up €439,546 (+88.5%), from €496,626 to €936,171
of which Remuneration and social security: +€297,460
- Other debts +€99,831
up €99,831 (+72.0%), from €138,589 to €238,420
- Short-term financial debts +€25,717
up €25,717 (+7.7%), from €332,409 to €358,127
- Staff costs -€53,642
down €53,642 (-1.8%), from €3.0m to €2.9m
- Gross operating margin -€33,972
down €33,972 (-1.1%), from €3.2m to €3.1m
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,964,105 | €1,987,743 | +€23,638 | +1.2% |
| Fixed assets | 21/28 | €579,133 | €625,395 | +€46,262 | +8.0% |
| Intangible fixed assets | 21 | €280,982 | €260,606 | -€20,377 | -7.3% |
| Tangible fixed assets | 22/27 | €295,100 | €361,739 | +€66,639 | +22.6% |
| Land and buildings | 22 | €166,917 | €147,653 | -€19,264 | -11.5% |
| Plant, machinery and equipment | 23 | €41,454 | €47,769 | +€6,315 | +15.2% |
| Furniture and vehicles | 24 | €33,319 | €35,459 | +€2,139 | +6.4% |
| Leasing and similar rights | 25 | - | €65,065 | +€65,065 | |
| Other tangible fixed assets | 26 | €53,410 | €65,793 | +€12,383 | +23.2% |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €1,384,973 | €1,362,348 | -€22,625 | -1.6% |
| Amounts receivable after more than one year | 29 | €279,758 | €175,628 | -€104,130 | -37.2% |
| Other amounts receivable | 291 | €279,758 | €175,628 | -€104,130 | -37.2% |
| Stocks and contracts in progress | 3 | €72,500 | €72,500 | = | 0.0% |
| Stocks | 30/36 | €72,500 | €72,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €579,167 | €401,076 | -€178,091 | -30.7% |
| Trade receivables | 40 | €554,794 | €284,304 | -€270,491 | -48.8% |
| Other amounts receivable | 41 | €24,373 | €116,772 | +€92,400 | +379.1% |
| Cash at bank and in hand | 54/58 | €366 | €130,830 | +€130,464 | +35684.0% |
| Deferred charges and accrued income | 490/1 | €453,183 | €582,315 | +€129,132 | +28.5% |
| Total equity and liabilities | 10/49 | €1,964,105 | €1,987,743 | +€23,638 | +1.2% |
| Equity | 10/15 | €189,133 | €192,509 | +€3,376 | +1.8% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €150,533 | €153,909 | +€3,376 | +2.2% |
| Distributable reserves | 133 | €150,533 | €153,909 | +€3,376 | +2.2% |
| Amounts payable | 17/49 | €1,774,972 | €1,795,234 | +€20,261 | +1.1% |
| Amounts payable after more than one year | 17 | €33,681 | €47,143 | +€13,462 | +40.0% |
| Financial debts | 170/4 | €33,681 | €47,143 | +€13,462 | +40.0% |
| Amounts payable within one year | 42/48 | €1,737,791 | €1,743,091 | +€5,299 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €34,043 | €40,746 | +€6,703 | +19.7% |
| Financial debts | 43 | €332,409 | €358,127 | +€25,717 | +7.7% |
| Credit institutions | 430/8 | €332,409 | €358,127 | +€25,717 | +7.7% |
| Trade debts | 44 | €736,125 | €169,627 | -€566,498 | -77.0% |
| Suppliers | 440/4 | €736,125 | €169,627 | -€566,498 | -77.0% |
| Taxes, remuneration and social security | 45 | €496,626 | €936,171 | +€439,546 | +88.5% |
| Taxes | 450/3 | €56,904 | €198,990 | +€142,086 | +249.7% |
| Remuneration and social security | 454/9 | €439,722 | €737,182 | +€297,460 | +67.6% |
| Other amounts payable | 47/48 | €138,589 | €238,420 | +€99,831 | +72.0% |
| Accrued charges and deferred income | 492/3 | €3,500 | €5,000 | +€1,500 | +42.9% |
| Non-recurring operating income | 76A | €66,544 | €6,874 | -€59,670 | -89.7% |
| Remuneration, social security and pensions | 62 | €3,002,770 | €2,949,128 | -€53,642 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,415 | €110,808 | +€27,392 | +32.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€534 | - | +€534 | |
| Other operating charges | 640/8 | €29,866 | €31,255 | +€1,389 | +4.6% |
| Non-recurring operating charges | 66A | €1,247 | - | -€1,247 | |
| Gross operating margin | 9900 | €3,162,432 | €3,128,461 | -€33,972 | -1.1% |
| Operating profit (loss) | 9901 | €45,669 | €37,270 | -€8,398 | -18.4% |
| Financial income | 75/76B | €3,692 | €134 | -€3,558 | -96.4% |
| Recurring financial income | 75 | €3,692 | €134 | -€3,558 | -96.4% |
| Financial charges | 65/66B | €32,095 | €28,876 | -€3,219 | -10.0% |
| Recurring financial charges | 65 | €32,095 | €28,876 | -€3,219 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | €17,266 | €8,528 | -€8,738 | -50.6% |
| Income taxes | 67/77 | €8,112 | €5,152 | -€2,960 | -36.5% |
| Profit (loss) for the period | 9904 | €9,154 | €3,376 | -€5,777 | -63.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,154 | €3,376 | -€5,777 | -63.1% |
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 7 October 2026 via checked.be.