Stanssens: 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.
Stanssens
Largest movements
- Cash +€430,688
up €430,688 (+52.2%), from €825,719 to €1.3m
mainly Current investments (+€400,000) and Depreciation (+€181,223)
- Current investments -€400,000
down €400,000 (-63.5%), from €629,900 to €229,900
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€97,739
down €97,739 (-85.9%), from €113,822 to €16,083
- Financial charges -€38,845
down €38,845 (-95.9%), from €40,520 to €1,675
- Gross operating margin -€16,193
down €16,193 (-6.6%), from €246,512 to €230,319
- Taxes -€6,428
down €6,428 (-61.1%), from €10,522 to €4,094
- Depreciation +€4,619
up €4,619 (+2.6%), from €176,604 to €181,223
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 | €5,279,524 | €5,301,055 | +€21,531 | +0.4% |
| Fixed assets | 21/28 | €3,738,480 | €3,760,073 | +€21,593 | +0.6% |
| Tangible fixed assets | 22/27 | €3,476,794 | €3,498,323 | +€21,529 | +0.6% |
| Land and buildings | 22 | €2,926,821 | €2,998,814 | +€71,993 | +2.5% |
| Plant, machinery and equipment | 23 | €549,973 | €499,509 | -€50,464 | -9.2% |
| Financial fixed assets | 28 | €261,686 | €261,750 | +€65 | 0.0% |
| Current assets | 29/58 | €1,541,044 | €1,540,982 | -€62 | 0.0% |
| Amounts receivable within one year | 40/41 | €67,125 | €54,062 | -€13,063 | -19.5% |
| Trade receivables | 40 | €66,614 | €52,025 | -€14,589 | -21.9% |
| Other amounts receivable | 41 | €511 | €2,037 | +€1,526 | +298.7% |
| Current investments | 50/53 | €629,900 | €229,900 | -€400,000 | -63.5% |
| Cash at bank and in hand | 54/58 | €825,719 | €1,256,407 | +€430,688 | +52.2% |
| Deferred charges and accrued income | 490/1 | €18,300 | €613 | -€17,687 | -96.6% |
| Total equity and liabilities | 10/49 | €5,279,524 | €5,301,055 | +€21,531 | +0.4% |
| Equity | 10/15 | €5,250,994 | €5,267,719 | +€16,724 | +0.3% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Revaluation surpluses | 12 | €20,910 | €20,910 | = | 0.0% |
| Reserves | 13 | €4,980,085 | €4,996,809 | +€16,724 | +0.3% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €4,955,085 | €4,971,809 | +€16,724 | +0.3% |
| Amounts payable | 17/49 | €28,530 | €33,337 | +€4,807 | +16.8% |
| Amounts payable within one year | 42/48 | €27,305 | €32,112 | +€4,807 | +17.6% |
| Trade debts | 44 | €5,707 | €12,734 | +€7,028 | +123.2% |
| Suppliers | 440/4 | €5,707 | €12,734 | +€7,028 | +123.2% |
| Taxes, remuneration and social security | 45 | €15,153 | €11,767 | -€3,386 | -22.3% |
| Taxes | 450/3 | €13,078 | €9,270 | -€3,808 | -29.1% |
| Remuneration and social security | 454/9 | €2,075 | €2,496 | +€421 | +20.3% |
| Other amounts payable | 47/48 | €6,445 | €7,611 | +€1,166 | +18.1% |
| Accrued charges and deferred income | 492/3 | €1,225 | €1,225 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €176,604 | €181,223 | +€4,619 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,500 | -€1,500 | |
| Other operating charges | 640/8 | €41,244 | €42,521 | +€1,277 | +3.1% |
| Gross operating margin | 9900 | €246,512 | €230,319 | -€16,193 | -6.6% |
| Operating profit (loss) | 9901 | €28,664 | €8,075 | -€20,589 | -71.8% |
| Financial income | 75/76B | €113,822 | €16,083 | -€97,739 | -85.9% |
| Recurring financial income | 75 | €113,822 | €16,083 | -€97,739 | -85.9% |
| Financial charges | 65/66B | €40,520 | €1,675 | -€38,845 | -95.9% |
| Recurring financial charges | 65 | €40,520 | €1,675 | -€38,845 | -95.9% |
| Profit (loss) for the period before taxes | 9903 | €101,966 | €22,483 | -€79,483 | -78.0% |
| Income taxes | 67/77 | €10,522 | €4,094 | -€6,428 | -61.1% |
| Profit (loss) for the period | 9904 | €91,444 | €18,389 | -€73,055 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €91,444 | €18,389 | -€73,055 | -79.9% |
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 8 October 2026 via checked.be.