Stanoh: 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.
Stanoh
Largest movements
- Cash -€8,123
down €8,123 (-32.0%), from €25,387 to €17,264
mainly Contributions, distributions and other (-€17,647) and Debts after one year (-€13,013)
- Tangible fixed assets -€6,494
down €6,494 (-12.8%), from €50,678 to €44,185
of which Furniture and vehicles: -€8,793
- Receivables within one year -€2,971
down €2,971 (-22.2%), from €13,371 to €10,400
- Debts after one year -€13,013
down €13,013 (-49.0%), from €26,585 to €13,572
- Profit (loss) carried forward -€2,647
down €2,647 (-12.5%), from €21,127 to €18,480
- Tax, wage and social debts -€2,609
down €2,609 (-27.6%), from €9,458 to €6,849
- Trade debts +€955
up €955 (+1616.6%), from €59 to €1,014
- Gross operating margin -€1,113
down €1,113 (-2.7%), from €41,124 to €40,011
- Depreciation +€872
up €872 (+5.3%), from €16,353 to €17,225
- Financial charges -€508
down €508 (-25.6%), from €1,985 to €1,477
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.
Cash bridge derived
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 | €89,575 | €72,769 | -€16,805 | -18.8% |
| Fixed assets | 21/28 | €50,678 | €44,185 | -€6,494 | -12.8% |
| Tangible fixed assets | 22/27 | €50,678 | €44,185 | -€6,494 | -12.8% |
| Land and buildings | 22 | €5,068 | €4,335 | -€733 | -14.5% |
| Plant, machinery and equipment | 23 | - | €3,647 | +€3,647 | |
| Furniture and vehicles | 24 | €43,510 | €34,717 | -€8,793 | -20.2% |
| Other tangible fixed assets | 26 | €2,100 | €1,485 | -€615 | -29.3% |
| Current assets | 29/58 | €38,896 | €28,585 | -€10,312 | -26.5% |
| Amounts receivable within one year | 40/41 | €13,371 | €10,400 | -€2,971 | -22.2% |
| Trade receivables | 40 | €13,371 | €10,400 | -€2,971 | -22.2% |
| Cash at bank and in hand | 54/58 | €25,387 | €17,264 | -€8,123 | -32.0% |
| Deferred charges and accrued income | 490/1 | €138 | €920 | +€782 | +564.9% |
| Total equity and liabilities | 10/49 | €89,575 | €72,769 | -€16,805 | -18.8% |
| Equity | 10/15 | €23,127 | €20,480 | -€2,647 | -11.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,127 | €18,480 | -€2,647 | -12.5% |
| Amounts payable | 17/49 | €66,447 | €52,289 | -€14,158 | -21.3% |
| Amounts payable after more than one year | 17 | €26,585 | €13,572 | -€13,013 | -49.0% |
| Financial debts | 170/4 | €26,585 | €13,572 | -€13,013 | -49.0% |
| Amounts payable within one year | 42/48 | €39,863 | €38,717 | -€1,145 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €12,478 | €13,013 | +€535 | +4.3% |
| Trade debts | 44 | €59 | €1,014 | +€955 | +1616.6% |
| Suppliers | 440/4 | €59 | €1,014 | +€955 | +1616.6% |
| Taxes, remuneration and social security | 45 | €9,458 | €6,849 | -€2,609 | -27.6% |
| Taxes | 450/3 | €9,458 | €6,849 | -€2,609 | -27.6% |
| Other amounts payable | 47/48 | €17,867 | €17,841 | -€27 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,353 | €17,225 | +€872 | +5.3% |
| Other operating charges | 640/8 | €910 | €894 | -€16 | -1.8% |
| Gross operating margin | 9900 | €41,124 | €40,011 | -€1,113 | -2.7% |
| Operating profit (loss) | 9901 | €23,861 | €21,891 | -€1,969 | -8.3% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,985 | €1,477 | -€508 | -25.6% |
| Recurring financial charges | 65 | €1,985 | €1,477 | -€508 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €21,876 | €20,416 | -€1,460 | -6.7% |
| Income taxes | 67/77 | €5,726 | €5,416 | -€310 | -5.4% |
| Profit (loss) for the period | 9904 | €16,150 | €15,000 | -€1,150 | -7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,150 | €15,000 | -€1,150 | -7.1% |
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.