STANWICK: 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.
STANWICK
Largest movements
- Cash -€490,833
down €490,833 (-53.0%), from €926,239 to €435,406
mainly Other debts (-€754,530) and Advances received (-€230,496)
- Receivables within one year -€127,238
down €127,238 (-8.2%), from €1.6m to €1.4m
of which Trade receivables: -€185,915
- Intangible fixed assets +€32,265
up €32,265 (+333%), from €9,702 to €41,966
- Other debts -€754,530
down €754,530 (-74.6%), from €1.0m to €256,533
- Short-term financial debts +€250,000
up €250,000, from €0 to €250,000
- Advances received -€230,496
down €230,496 (-83.8%), from €275,075 to €44,579
- Trade debts +€218,388
up €218,388 (+55.4%), from €394,284 to €612,672
- Accrued charges and deferred income -€75,605
down €75,605 (-82.3%), from €91,827 to €16,222
- Staff costs +€533,304
up €533,304 (+28.0%), from €1.9m to €2.4m
- Gross operating margin -€337,792
down €337,792 (-11.3%), from €3.0m to €2.7m
- Taxes -€233,587
down €233,587 (-85.0%), from €274,938 to €41,351
- Other operating charges +€43,366
up €43,366 (+1,243%), from €3,488 to €46,853
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.
Derived cash bridge
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 | €2,646,256 | €2,066,214 | -€580,043 | -21.9% |
| Fixed assets | 21/28 | €86,962 | €108,522 | +€21,560 | +24.8% |
| Intangible fixed assets | 21 | €9,702 | €41,966 | +€32,265 | +333% |
| Tangible fixed assets | 22/27 | €77,260 | €66,556 | -€10,704 | -13.9% |
| Plant, machinery and equipment | 23 | - | €4,012 | +€4,012 | |
| Furniture and vehicles | 24 | €42,227 | €37,355 | -€4,873 | -11.5% |
| Other tangible fixed assets | 26 | €35,033 | €25,189 | -€9,844 | -28.1% |
| Current assets | 29/58 | €2,559,294 | €1,957,692 | -€601,603 | -23.5% |
| Amounts receivable within one year | 40/41 | €1,552,747 | €1,425,510 | -€127,238 | -8.2% |
| Trade receivables | 40 | €1,527,657 | €1,341,742 | -€185,915 | -12.2% |
| Other amounts receivable | 41 | €25,090 | €83,768 | +€58,677 | +234% |
| Cash at bank and in hand | 54/58 | €926,239 | €435,406 | -€490,833 | -53.0% |
| Deferred charges and accrued income | 490/1 | €80,308 | €96,776 | +€16,468 | +20.5% |
| Total equity and liabilities | 10/49 | €2,646,256 | €2,066,214 | -€580,043 | -21.9% |
| Equity | 10/15 | €285,673 | €306,586 | +€20,913 | +7.3% |
| Contributions | 10/11 | €175,000 | €175,000 | = | 0.0% |
| Capital | 10 | €175,000 | €175,000 | = | 0.0% |
| Issued capital | 100 | €175,000 | €175,000 | = | 0.0% |
| Reserves | 13 | €32,862 | €32,862 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,500 | €17,500 | = | 0.0% |
| Legal reserve | 130 | €17,500 | €17,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,924 | €8,924 | = | 0.0% |
| Distributable reserves | 133 | €6,438 | €6,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,811 | €98,724 | +€20,913 | +26.9% |
| Amounts payable | 17/49 | €2,360,583 | €1,759,628 | -€600,955 | -25.5% |
| Amounts payable within one year | 42/48 | €2,268,756 | €1,743,405 | -€525,350 | -23.2% |
| Financial debts | 43 | €0 | €250,000 | +€250,000 | |
| Credit institutions | 430/8 | €0 | €250,000 | +€250,000 | |
| Trade debts | 44 | €394,284 | €612,672 | +€218,388 | +55.4% |
| Suppliers | 440/4 | €394,284 | €612,672 | +€218,388 | +55.4% |
| Advances received on contracts in progress | 46 | €275,075 | €44,579 | -€230,496 | -83.8% |
| Taxes, remuneration and social security | 45 | €588,334 | €579,620 | -€8,714 | -1.5% |
| Taxes | 450/3 | €125,524 | €86,544 | -€38,980 | -31.1% |
| Remuneration and social security | 454/9 | €462,810 | €493,076 | +€30,266 | +6.5% |
| Other amounts payable | 47/48 | €1,011,063 | €256,533 | -€754,530 | -74.6% |
| Accrued charges and deferred income | 492/3 | €91,827 | €16,222 | -€75,605 | -82.3% |
| Non-recurring operating income | 76A | €860 | €0 | -€860 | -100% |
| Remuneration, social security and pensions | 62 | €1,906,309 | €2,439,613 | +€533,304 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,043 | €30,825 | +€11,782 | +61.9% |
| Other operating charges | 640/8 | €3,488 | €46,853 | +€43,366 | +1,243% |
| Non-recurring operating charges | 66A | €4,898 | €0 | -€4,898 | -100% |
| Gross operating margin | 9900 | €2,988,842 | €2,651,050 | -€337,792 | -11.3% |
| Operating profit (loss) | 9901 | €1,055,105 | €133,759 | -€921,346 | -87.3% |
| Financial income | 75/76B | €1,521 | €32 | -€1,489 | -97.9% |
| Recurring financial income | 75 | €1,521 | €32 | -€1,489 | -97.9% |
| Financial charges | 65/66B | €54,026 | €71,527 | +€17,501 | +32.4% |
| Recurring financial charges | 65 | €54,026 | €71,527 | +€17,501 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €1,002,600 | €62,264 | -€940,336 | -93.8% |
| Income taxes | 67/77 | €274,938 | €41,351 | -€233,587 | -85.0% |
| Profit (loss) for the period | 9904 | €727,661 | €20,913 | -€706,749 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €727,661 | €20,913 | -€706,749 | -97.1% |
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 14 October 2026 via checked.be.