STANNA: what changed
STANNA
Largest movements
- Receivables within one year +€88,649
up €88,649 (+708%), from €12,515 to €101,164
of which Trade receivables: +€94,402
- Cash +€16,315
up €16,315 (+80.9%), from €20,156 to €36,471
mainly Net result for the year (+€43,869) and Tax, wage and social debts (+€29,834)
- Tangible fixed assets -€2,163
down €2,163 (-35.5%), from €6,093 to €3,931
- Receivables after one year +€1,870
new in 2025: €1,870
- Reserves +€43,869
up €43,869 (+180%), from €24,331 to €68,200
- Tax, wage and social debts +€29,834
up €29,834 (+329%), from €9,069 to €38,903
- Advances received +€15,945
new in 2025: €15,945
- Trade debts +€15,187
up €15,187 (+451%), from €3,364 to €18,550
- Write-downs -€18,300
down €18,300 (-45.7%), from €40,088 to €21,788
- Gross operating margin +€5,732
up €5,732 (+7.7%), from €74,396 to €80,127
- Taxes +€4,672
up €4,672 (+65.6%), from €7,121 to €11,793
- Depreciation +€1,768
up €1,768 (+447%), from €395 to €2,163
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,764 | €143,599 | +€104,835 | +270% |
| Fixed assets | 21/28 | €6,093 | €3,931 | -€2,163 | -35.5% |
| Tangible fixed assets | 22/27 | €6,093 | €3,931 | -€2,163 | -35.5% |
| Furniture and vehicles | 24 | €6,093 | €3,931 | -€2,163 | -35.5% |
| Current assets | 29/58 | €32,671 | €139,669 | +€106,998 | +328% |
| Amounts receivable after more than one year | 29 | - | €1,870 | +€1,870 | |
| Other amounts receivable | 291 | - | €1,870 | +€1,870 | |
| Amounts receivable within one year | 40/41 | €12,515 | €101,164 | +€88,649 | +708% |
| Trade receivables | 40 | €5,530 | €99,932 | +€94,402 | +1,707% |
| Other amounts receivable | 41 | €6,985 | €1,232 | -€5,753 | -82.4% |
| Cash at bank and in hand | 54/58 | €20,156 | €36,471 | +€16,315 | +80.9% |
| Deferred charges and accrued income | 490/1 | - | €164 | +€164 | |
| Total equity and liabilities | 10/49 | €38,764 | €143,599 | +€104,835 | +270% |
| Equity | 10/15 | €26,331 | €70,200 | +€43,869 | +167% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €24,331 | €68,200 | +€43,869 | +180% |
| Distributable reserves | 133 | €24,331 | €68,200 | +€43,869 | +180% |
| Amounts payable | 17/49 | €12,433 | €73,399 | +€60,966 | +490% |
| Amounts payable within one year | 42/48 | €12,433 | €73,399 | +€60,966 | +490% |
| Trade debts | 44 | €3,364 | €18,550 | +€15,187 | +451% |
| Suppliers | 440/4 | €3,364 | €18,550 | +€15,187 | +451% |
| Advances received on contracts in progress | 46 | - | €15,945 | +€15,945 | |
| Taxes, remuneration and social security | 45 | €9,069 | €38,903 | +€29,834 | +329% |
| Taxes | 450/3 | €9,069 | €38,903 | +€29,834 | +329% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €395 | €2,163 | +€1,768 | +447% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40,088 | €21,788 | -€18,300 | -45.7% |
| Other operating charges | 640/8 | €489 | €544 | +€55 | +11.3% |
| Gross operating margin | 9900 | €74,396 | €80,127 | +€5,732 | +7.7% |
| Operating profit (loss) | 9901 | €33,424 | €55,633 | +€22,209 | +66.4% |
| Financial income | 75/76B | €161 | €177 | +€16 | +10.3% |
| Recurring financial income | 75 | €161 | €177 | +€16 | +10.3% |
| Financial charges | 65/66B | €38 | €148 | +€110 | +285% |
| Recurring financial charges | 65 | €38 | €148 | +€110 | +285% |
| Profit (loss) for the period before taxes | 9903 | €33,547 | €55,662 | +€22,116 | +65.9% |
| Income taxes | 67/77 | €7,121 | €11,793 | +€4,672 | +65.6% |
| Profit (loss) for the period | 9904 | €26,425 | €43,869 | +€17,444 | +66.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,425 | €43,869 | +€17,444 | +66.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.