STANZA HOLDING: 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.
STANZA HOLDING
Largest movements
- Tangible fixed assets -€18,299
down €18,299 (-2.9%), from €626,450 to €608,151
- Cash +€17,608
up €17,608 (+259%), from €6,789 to €24,398
mainly Depreciation (+€18,299) and Debts after one year (+€12,170)
- Debts after one year +€12,170
up €12,170 (+5.5%), from €220,206 to €232,376
- Profit (loss) carried forward -€11,683
down €11,683 (-4.2%), from -€278,803 to -€290,486
- Gross operating margin +€24,425
up €24,425 (+830%), from €2,942 to €27,367
- Financial charges -€1,411
down €1,411 (-8.1%), from €17,429 to €16,018
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 | €633,239 | €632,775 | -€464 | -0.1% |
| Fixed assets | 21/28 | €626,450 | €608,151 | -€18,299 | -2.9% |
| Tangible fixed assets | 22/27 | €626,450 | €608,151 | -€18,299 | -2.9% |
| Land and buildings | 22 | €626,450 | €608,151 | -€18,299 | -2.9% |
| Current assets | 29/58 | €6,789 | €24,624 | +€17,835 | +263% |
| Amounts receivable within one year | 40/41 | - | €226 | +€226 | |
| Other amounts receivable | 41 | - | €226 | +€226 | |
| Cash at bank and in hand | 54/58 | €6,789 | €24,398 | +€17,608 | +259% |
| Total equity and liabilities | 10/49 | €633,239 | €632,775 | -€464 | -0.1% |
| Equity | 10/15 | €393,147 | €381,464 | -€11,683 | -3.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Revaluation surpluses | 12 | €520,000 | €520,000 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Legal reserve | 130 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€278,803 | -€290,486 | -€11,683 | -4.2% |
| Amounts payable | 17/49 | €240,092 | €251,311 | +€11,219 | +4.7% |
| Amounts payable after more than one year | 17 | €220,206 | €232,376 | +€12,170 | +5.5% |
| Financial debts | 170/4 | €220,206 | €232,376 | +€12,170 | +5.5% |
| Amounts payable within one year | 42/48 | - | €408 | +€408 | |
| Trade debts | 44 | - | €408 | +€408 | |
| Suppliers | 440/4 | - | €408 | +€408 | |
| Accrued charges and deferred income | 492/3 | €19,886 | €18,527 | -€1,359 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,449 | €18,299 | -€151 | -0.8% |
| Other operating charges | 640/8 | €4,617 | €4,770 | +€152 | +3.3% |
| Gross operating margin | 9900 | €2,942 | €27,367 | +€24,425 | +830% |
| Operating profit (loss) | 9901 | -€20,125 | €4,299 | +€24,423 | |
| Financial income | 75/76B | €8 | €37 | +€29 | +348% |
| Recurring financial income | 75 | €8 | €37 | +€29 | +348% |
| Financial charges | 65/66B | €17,429 | €16,018 | -€1,411 | -8.1% |
| Recurring financial charges | 65 | €17,429 | €16,018 | -€1,411 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,546 | -€11,683 | +€25,863 | +68.9% |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€37,548 | -€11,683 | +€25,866 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,548 | -€11,683 | +€25,866 | +68.9% |
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 18 October 2026 via checked.be.