STANOT: 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.
STANOT
Largest movements
- Cash +€73,398
up €73,398 (+14.7%), from €498,546 to €571,943
mainly Net result for the year (+€760,425) and Other debts (+€180,450)
- Receivables within one year +€54,557
up €54,557 (+21.8%), from €250,079 to €304,636
of which Trade receivables: +€42,057
- Tangible fixed assets +€52,609
up €52,609 (+21.3%), from €246,890 to €299,499
of which Other tangible fixed assets: +€67,864
- Other debts +€180,450
up €180,450 (+31.1%), from €579,375 to €759,825
- Tax, wage and social debts +€58,748
up €58,748 (+45.9%), from €128,124 to €186,873
of which Remuneration and social security: +€36,446
- Accrued charges and deferred income -€55,539
down €55,539 (-99.7%), from €55,708 to €169
- Gross operating margin +€297,377
up €297,377 (+20.5%), from €1.5m to €1.7m
- Staff costs +€70,117
up €70,117 (+8.8%), from €799,821 to €869,939
- Other operating charges +€29,689
up €29,689 (+48.8%), from €60,888 to €90,577
- Financial income -€19,075
down €19,075 (-32.7%), from €58,278 to €39,203
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 | €1,035,547 | €1,213,412 | +€177,865 | +17.2% |
| Fixed assets | 21/28 | €248,423 | €301,032 | +€52,609 | +21.2% |
| Tangible fixed assets | 22/27 | €246,890 | €299,499 | +€52,609 | +21.3% |
| Plant, machinery and equipment | 23 | €9,428 | €7,606 | -€1,822 | -19.3% |
| Furniture and vehicles | 24 | €31,765 | €18,331 | -€13,433 | -42.3% |
| Other tangible fixed assets | 26 | €205,698 | €273,562 | +€67,864 | +33.0% |
| Financial fixed assets | 28 | €1,533 | €1,533 | = | 0.0% |
| Current assets | 29/58 | €787,123 | €912,379 | +€125,256 | +15.9% |
| Amounts receivable within one year | 40/41 | €250,079 | €304,636 | +€54,557 | +21.8% |
| Trade receivables | 40 | €237,009 | €279,065 | +€42,057 | +17.7% |
| Other amounts receivable | 41 | €13,070 | €25,570 | +€12,500 | +95.6% |
| Cash at bank and in hand | 54/58 | €498,546 | €571,943 | +€73,398 | +14.7% |
| Deferred charges and accrued income | 490/1 | €38,499 | €35,801 | -€2,698 | -7.0% |
| Total equity and liabilities | 10/49 | €1,035,547 | €1,213,412 | +€177,865 | +17.2% |
| Equity | 10/15 | €209,079 | €209,679 | +€600 | +0.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €202,000 | €202,000 | = | 0.0% |
| Distributable reserves | 133 | €202,000 | €202,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €879 | €1,479 | +€600 | +68.2% |
| Amounts payable | 17/49 | €826,468 | €1,003,733 | +€177,265 | +21.4% |
| Amounts payable within one year | 42/48 | €770,759 | €1,003,563 | +€232,804 | +30.2% |
| Trade debts | 44 | €63,260 | €56,865 | -€6,394 | -10.1% |
| Suppliers | 440/4 | €63,260 | €56,865 | -€6,394 | -10.1% |
| Taxes, remuneration and social security | 45 | €128,124 | €186,873 | +€58,748 | +45.9% |
| Taxes | 450/3 | €36,704 | €59,006 | +€22,302 | +60.8% |
| Remuneration and social security | 454/9 | €91,420 | €127,866 | +€36,446 | +39.9% |
| Other amounts payable | 47/48 | €579,375 | €759,825 | +€180,450 | +31.1% |
| Accrued charges and deferred income | 492/3 | €55,708 | €169 | -€55,539 | -99.7% |
| Remuneration, social security and pensions | 62 | €799,821 | €869,939 | +€70,117 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,706 | €59,652 | -€1,054 | -1.7% |
| Other operating charges | 640/8 | €60,888 | €90,577 | +€29,689 | +48.8% |
| Gross operating margin | 9900 | €1,452,385 | €1,749,762 | +€297,377 | +20.5% |
| Operating profit (loss) | 9901 | €530,969 | €729,594 | +€198,624 | +37.4% |
| Financial income | 75/76B | €58,278 | €39,203 | -€19,075 | -32.7% |
| Recurring financial income | 75 | €58,278 | €39,203 | -€19,075 | -32.7% |
| Financial charges | 65/66B | €1,938 | €713 | -€1,225 | -63.2% |
| Recurring financial charges | 65 | €1,938 | €713 | -€1,225 | -63.2% |
| Profit (loss) for the period before taxes | 9903 | €587,309 | €768,084 | +€180,775 | +30.8% |
| Income taxes | 67/77 | €7,740 | €7,659 | -€81 | -1.0% |
| Profit (loss) for the period | 9904 | €579,569 | €760,425 | +€180,856 | +31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €579,569 | €760,425 | +€180,856 | +31.2% |
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 10 October 2026 via checked.be.