STANSOEN: what changed
STANSOEN
Largest movements
- Current investments -€230,000
no longer reported in 2025 (was €230,000)
- Cash -€41,726
down €41,726 (-46.5%), from €89,744 to €48,018
mainly Contributions, distributions and other (-€310,373) and Tax, wage and social debts (-€49,434)
- Receivables within one year +€19,241
up €19,241 (+17.6%), from €109,182 to €128,423
of which Trade receivables: +€15,543
- Reserves -€193,564
down €193,564 (-62.4%), from €310,373 to €116,809
- Tax, wage and social debts -€49,434
down €49,434 (-63.2%), from €78,167 to €28,733
of which Taxes: -€42,555
- Trade debts -€7,980
down €7,980 (-84.1%), from €9,493 to €1,513
- Gross operating margin -€45,156
down €45,156 (-22.3%), from €202,325 to €157,169
- Taxes -€12,147
down €12,147 (-25.1%), from €48,449 to €36,302
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 | €443,148 | €191,506 | -€251,642 | -56.8% |
| Fixed assets | 21/28 | €2,542 | €6,761 | +€4,219 | +166% |
| Tangible fixed assets | 22/27 | €637 | €4,856 | +€4,219 | +663% |
| Land and buildings | 22 | - | €3,391 | +€3,391 | |
| Furniture and vehicles | 24 | €637 | €1,465 | +€829 | +130% |
| Financial fixed assets | 28 | €1,905 | €1,905 | = | 0.0% |
| Current assets | 29/58 | €440,606 | €184,745 | -€255,861 | -58.1% |
| Amounts receivable within one year | 40/41 | €109,182 | €128,423 | +€19,241 | +17.6% |
| Trade receivables | 40 | €109,182 | €124,725 | +€15,543 | +14.2% |
| Other amounts receivable | 41 | - | €3,698 | +€3,698 | |
| Current investments | 50/53 | €230,000 | - | -€230,000 | |
| Cash at bank and in hand | 54/58 | €89,744 | €48,018 | -€41,726 | -46.5% |
| Deferred charges and accrued income | 490/1 | €11,680 | €8,304 | -€3,376 | -28.9% |
| Total equity and liabilities | 10/49 | €443,148 | €191,506 | -€251,642 | -56.8% |
| Equity | 10/15 | €340,373 | €146,809 | -€193,564 | -56.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €310,373 | €116,809 | -€193,564 | -62.4% |
| Distributable reserves | 133 | €310,373 | €116,809 | -€193,564 | -62.4% |
| Amounts payable | 17/49 | €102,775 | €44,697 | -€58,078 | -56.5% |
| Amounts payable within one year | 42/48 | €87,661 | €30,246 | -€57,415 | -65.5% |
| Trade debts | 44 | €9,493 | €1,513 | -€7,980 | -84.1% |
| Suppliers | 440/4 | €9,493 | €1,513 | -€7,980 | -84.1% |
| Taxes, remuneration and social security | 45 | €78,167 | €28,733 | -€49,434 | -63.2% |
| Taxes | 450/3 | €71,287 | €28,733 | -€42,555 | -59.7% |
| Remuneration and social security | 454/9 | €6,880 | - | -€6,880 | |
| Accrued charges and deferred income | 492/3 | €15,114 | €14,451 | -€663 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €852 | €680 | -€172 | -20.2% |
| Other operating charges | 640/8 | €2,147 | €2,324 | +€177 | +8.2% |
| Gross operating margin | 9900 | €202,325 | €157,169 | -€45,156 | -22.3% |
| Operating profit (loss) | 9901 | €199,325 | €154,164 | -€45,161 | -22.7% |
| Financial income | 75/76B | €3,816 | €2,483 | -€1,333 | -34.9% |
| Recurring financial income | 75 | €3,816 | €2,483 | -€1,333 | -34.9% |
| Financial charges | 65/66B | €3,529 | €3,536 | +€7 | +0.2% |
| Recurring financial charges | 65 | €3,529 | €3,536 | +€7 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €199,612 | €153,111 | -€46,501 | -23.3% |
| Income taxes | 67/77 | €48,449 | €36,302 | -€12,147 | -25.1% |
| Profit (loss) for the period | 9904 | €151,163 | €116,809 | -€34,354 | -22.7% |
| Profit (loss) for the period to be appropriated | 9905 | €151,163 | €116,809 | -€34,354 | -22.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.