STANNIC: what changed
STANNIC
Largest movements
- Stocks and contracts +€49,543
up €49,543 (+61.0%), from €81,157 to €130,700
of which Contracts in progress: +€50,000
- Tangible fixed assets -€48,666
down €48,666 (-20.5%), from €236,896 to €188,229
of which Furniture and vehicles: -€29,733
- Receivables within one year +€36,789
up €36,789 (+28.1%), from €130,730 to €167,520
of which Trade receivables: +€51,216
- Cash -€14,567
down €14,567 (-96.7%), from €15,065 to €498
mainly Stocks and contracts (-€49,543) and Receivables within one year (-€36,789)
- Trade debts +€38,049
up €38,049 (+65.2%), from €58,373 to €96,422
- Debts after one year -€27,665
down €27,665 (-46.1%), from €60,075 to €32,410
- Short-term financial debts +€19,669
up €19,669, from €0 to €19,669
- Other debts -€6,960
down €6,960 (-15.5%), from €44,811 to €37,850
- Current portion of long-term debt -€6,923
down €6,923 (-20.0%), from €34,588 to €27,665
- Gross operating margin +€20,004
up €20,004 (+10.1%), from €198,585 to €218,589
- Depreciation +€10,197
up €10,197 (+26.5%), from €38,469 to €48,666
- Other operating charges -€5,456
down €5,456 (-53.1%), from €10,273 to €4,817
- Financial charges +€4,759
up €4,759 (+103%), from €4,608 to €9,367
- Staff costs +€3,366
up €3,366 (+2.3%), from €144,557 to €147,922
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 | €465,248 | €487,082 | +€21,833 | +4.7% |
| Fixed assets | 21/28 | €237,031 | €188,364 | -€48,666 | -20.5% |
| Tangible fixed assets | 22/27 | €236,896 | €188,229 | -€48,666 | -20.5% |
| Land and buildings | 22 | €114,954 | €100,298 | -€14,656 | -12.7% |
| Plant, machinery and equipment | 23 | €14,687 | €10,410 | -€4,277 | -29.1% |
| Furniture and vehicles | 24 | €107,254 | €77,521 | -€29,733 | -27.7% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €228,218 | €298,717 | +€70,500 | +30.9% |
| Stocks and contracts in progress | 3 | €81,157 | €130,700 | +€49,543 | +61.0% |
| Stocks | 30/36 | €56,157 | €55,700 | -€457 | -0.8% |
| Contracts in progress | 37 | €25,000 | €75,000 | +€50,000 | +200% |
| Amounts receivable within one year | 40/41 | €130,730 | €167,520 | +€36,789 | +28.1% |
| Trade receivables | 40 | €114,589 | €165,805 | +€51,216 | +44.7% |
| Other amounts receivable | 41 | €16,141 | €1,714 | -€14,427 | -89.4% |
| Cash at bank and in hand | 54/58 | €15,065 | €498 | -€14,567 | -96.7% |
| Deferred charges and accrued income | 490/1 | €1,265 | €0 | -€1,265 | -100% |
| Total equity and liabilities | 10/49 | €465,248 | €487,082 | +€21,833 | +4.7% |
| Equity | 10/15 | €221,554 | €226,097 | +€4,543 | +2.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €201,554 | €206,097 | +€4,543 | +2.3% |
| Tax-exempt reserves | 132 | €28,584 | €28,584 | = | 0.0% |
| Distributable reserves | 133 | €172,970 | €177,514 | +€4,543 | +2.6% |
| Amounts payable | 17/49 | €243,694 | €260,985 | +€17,290 | +7.1% |
| Amounts payable after more than one year | 17 | €60,075 | €32,410 | -€27,665 | -46.1% |
| Financial debts | 170/4 | €60,075 | €32,410 | -€27,665 | -46.1% |
| Amounts payable within one year | 42/48 | €183,619 | €225,241 | +€41,621 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €34,588 | €27,665 | -€6,923 | -20.0% |
| Financial debts | 43 | €0 | €19,669 | +€19,669 | |
| Credit institutions | 430/8 | €0 | €19,669 | +€19,669 | |
| Trade debts | 44 | €58,373 | €96,422 | +€38,049 | +65.2% |
| Suppliers | 440/4 | €58,373 | €96,422 | +€38,049 | +65.2% |
| Taxes, remuneration and social security | 45 | €45,848 | €43,635 | -€2,213 | -4.8% |
| Taxes | 450/3 | €19,155 | €16,309 | -€2,846 | -14.9% |
| Remuneration and social security | 454/9 | €26,693 | €27,326 | +€633 | +2.4% |
| Other amounts payable | 47/48 | €44,811 | €37,850 | -€6,960 | -15.5% |
| Accrued charges and deferred income | 492/3 | €0 | €3,334 | +€3,334 | |
| Remuneration, social security and pensions | 62 | €144,557 | €147,922 | +€3,366 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,469 | €48,666 | +€10,197 | +26.5% |
| Other operating charges | 640/8 | €10,273 | €4,817 | -€5,456 | -53.1% |
| Gross operating margin | 9900 | €198,585 | €218,589 | +€20,004 | +10.1% |
| Operating profit (loss) | 9901 | €5,285 | €17,183 | +€11,898 | +225% |
| Financial income | 75/76B | €413 | €928 | +€515 | +125% |
| Recurring financial income | 75 | €413 | €928 | +€515 | +125% |
| Financial charges | 65/66B | €4,608 | €9,367 | +€4,759 | +103% |
| Recurring financial charges | 65 | €4,608 | €9,367 | +€4,759 | +103% |
| Profit (loss) for the period before taxes | 9903 | €1,091 | €8,744 | +€7,654 | +702% |
| Income taxes | 67/77 | €1,679 | €4,201 | +€2,522 | +150% |
| Profit (loss) for the period | 9904 | -€588 | €4,543 | +€5,132 | |
| Profit (loss) for the period to be appropriated | 9905 | -€588 | €4,543 | +€5,132 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.