STANPHIL: 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.
STANPHIL
Largest movements
- Cash +€31,406
up €31,406 (+319.2%), from €9,839 to €41,245
mainly Net result for the year (+€26,078) and Depreciation (+€18,585)
- Tangible fixed assets -€11,732
down €11,732 (-6.3%), from €187,674 to €175,943
of which Land and buildings: -€11,807
- Receivables within one year +€8,658
up €8,658 (+9.7%), from €89,251 to €97,909
of which Other amounts receivable: +€9,604
- Reserves +€26,078
up €26,078 (+85.3%), from €30,589 to €56,666
- Debts after one year -€15,663
down €15,663 (-15.1%), from €103,689 to €88,026
- Tax, wage and social debts +€10,467
up €10,467 (+49.5%), from €21,132 to €31,599
- Advances received +€4,764
new in 2025: €4,764
- Taxes -€30,970
down €30,970 (-65.4%), from €47,378 to €16,408
- Gross operating margin -€27,763
down €27,763 (-29.5%), from €94,165 to €66,402
- Staff costs -€12,552
no longer reported in 2025 (was €12,552)
- Other operating charges +€2,517
up €2,517 (+103.9%), from €2,423 to €4,940
- Financial charges -€955
down €955 (-15.1%), from €6,317 to €5,362
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 | €321,867 | €350,664 | +€28,797 | +8.9% |
| Fixed assets | 21/28 | €221,431 | €209,699 | -€11,732 | -5.3% |
| Intangible fixed assets | 21 | €30,987 | €30,987 | = | 0.0% |
| Tangible fixed assets | 22/27 | €187,674 | €175,943 | -€11,732 | -6.3% |
| Land and buildings | 22 | €137,665 | €125,858 | -€11,807 | -8.6% |
| Plant, machinery and equipment | 23 | €49,293 | €43,107 | -€6,186 | -12.5% |
| Furniture and vehicles | 24 | €717 | €6,978 | +€6,261 | +873.0% |
| Financial fixed assets | 28 | €2,770 | €2,770 | = | 0.0% |
| Current assets | 29/58 | €100,435 | €140,964 | +€40,529 | +40.4% |
| Amounts receivable within one year | 40/41 | €89,251 | €97,909 | +€8,658 | +9.7% |
| Trade receivables | 40 | €9,357 | €8,411 | -€946 | -10.1% |
| Other amounts receivable | 41 | €79,894 | €89,498 | +€9,604 | +12.0% |
| Cash at bank and in hand | 54/58 | €9,839 | €41,245 | +€31,406 | +319.2% |
| Deferred charges and accrued income | 490/1 | €1,345 | €1,811 | +€465 | +34.6% |
| Total equity and liabilities | 10/49 | €321,867 | €350,664 | +€28,797 | +8.9% |
| Equity | 10/15 | €174,157 | €200,235 | +€26,078 | +15.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €30,589 | €56,666 | +€26,078 | +85.3% |
| Non-distributable reserves | 130/1 | €30,589 | €56,666 | +€26,078 | +85.3% |
| Legal reserve | 130 | €30,589 | €56,666 | +€26,078 | +85.3% |
| Profit (loss) carried forward | 14 | €81,595 | €81,595 | = | 0.0% |
| Amounts payable | 17/49 | €147,710 | €150,429 | +€2,720 | +1.8% |
| Amounts payable after more than one year | 17 | €103,689 | €88,026 | -€15,663 | -15.1% |
| Financial debts | 170/4 | €103,689 | €88,026 | -€15,663 | -15.1% |
| Amounts payable within one year | 42/48 | €44,021 | €62,403 | +€18,383 | +41.8% |
| Current portion of amounts payable after more than one year | 42 | €15,072 | €15,663 | +€591 | +3.9% |
| Trade debts | 44 | €7,817 | €10,377 | +€2,561 | +32.8% |
| Suppliers | 440/4 | €7,817 | €10,377 | +€2,561 | +32.8% |
| Advances received on contracts in progress | 46 | - | €4,764 | +€4,764 | |
| Taxes, remuneration and social security | 45 | €21,132 | €31,599 | +€10,467 | +49.5% |
| Taxes | 450/3 | €21,132 | €31,599 | +€10,467 | +49.5% |
| Remuneration, social security and pensions | 62 | €12,552 | - | -€12,552 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,437 | €18,585 | +€148 | +0.8% |
| Other operating charges | 640/8 | €2,423 | €4,940 | +€2,517 | +103.9% |
| Gross operating margin | 9900 | €94,165 | €66,402 | -€27,763 | -29.5% |
| Operating profit (loss) | 9901 | €60,754 | €42,878 | -€17,876 | -29.4% |
| Financial income | 75/76B | €4,027 | €4,970 | +€943 | +23.4% |
| Recurring financial income | 75 | €4,027 | €4,970 | +€943 | +23.4% |
| Financial charges | 65/66B | €6,317 | €5,362 | -€955 | -15.1% |
| Recurring financial charges | 65 | €6,317 | €5,362 | -€955 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €58,463 | €42,486 | -€15,977 | -27.3% |
| Income taxes | 67/77 | €47,378 | €16,408 | -€30,970 | -65.4% |
| Profit (loss) for the period | 9904 | €11,085 | €26,078 | +€14,993 | +135.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,085 | €26,078 | +€14,993 | +135.3% |
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 1 October 2026 via checked.be.