STAUNCH: 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.
STAUNCH
Largest movements
- Receivables within one year +€8,472
up €8,472 (+70.6%), from €11,996 to €20,467
- Cash +€7,022
up €7,022 (+175.4%), from €4,002 to €11,024
mainly Net result for the year (+€22,398) and Trade debts (+€1,949)
- Tangible fixed assets +€6,297
up €6,297 (+284.5%), from €2,214 to €8,510
- Receivables after one year +€3,570
up €3,570 (+19.4%), from €18,430 to €22,000
- Reserves +€22,398
up €22,398 (+73.4%), from €30,511 to €52,909
- Trade debts +€1,949
up €1,949 (+323.6%), from €602 to €2,551
- Tax, wage and social debts +€903
up €903 (+19.8%), from €4,560 to €5,463
of which Remuneration and social security: +€4,380
- Financial charges -€27,045
down €27,045 (-90.0%), from €30,036 to €2,991
- Taxes +€4,566
up €4,566 (+164.4%), from €2,777 to €7,343
- Depreciation +€760
up €760 (+67.3%), from €1,129 to €1,889
- Gross operating margin +€531
up €531 (+1.6%), from €34,148 to €34,679
- Financial income +€511
up €511 (+131.5%), from €389 to €900
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 | €38,727 | €64,124 | +€25,397 | +65.6% |
| Fixed assets | 21/28 | €2,214 | €8,510 | +€6,297 | +284.5% |
| Tangible fixed assets | 22/27 | €2,214 | €8,510 | +€6,297 | +284.5% |
| Furniture and vehicles | 24 | €2,214 | €8,510 | +€6,297 | +284.5% |
| Current assets | 29/58 | €36,514 | €55,614 | +€19,100 | +52.3% |
| Amounts receivable after more than one year | 29 | €18,430 | €22,000 | +€3,570 | +19.4% |
| Other amounts receivable | 291 | €18,430 | €22,000 | +€3,570 | +19.4% |
| Amounts receivable within one year | 40/41 | €11,996 | €20,467 | +€8,472 | +70.6% |
| Trade receivables | 40 | €11,996 | €20,467 | +€8,472 | +70.6% |
| Cash at bank and in hand | 54/58 | €4,002 | €11,024 | +€7,022 | +175.4% |
| Deferred charges and accrued income | 490/1 | €2,085 | €2,122 | +€37 | +1.8% |
| Total equity and liabilities | 10/49 | €38,727 | €64,124 | +€25,397 | +65.6% |
| Equity | 10/15 | €33,511 | €55,909 | +€22,398 | +66.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €30,511 | €52,909 | +€22,398 | +73.4% |
| Distributable reserves | 133 | €30,511 | €52,909 | +€22,398 | +73.4% |
| Amounts payable | 17/49 | €5,216 | €8,215 | +€2,999 | +57.5% |
| Amounts payable within one year | 42/48 | €5,216 | €8,215 | +€2,999 | +57.5% |
| Trade debts | 44 | €602 | €2,551 | +€1,949 | +323.6% |
| Suppliers | 440/4 | €602 | €2,551 | +€1,949 | +323.6% |
| Taxes, remuneration and social security | 45 | €4,560 | €5,463 | +€903 | +19.8% |
| Taxes | 450/3 | €4,560 | €1,083 | -€3,477 | -76.3% |
| Remuneration and social security | 454/9 | - | €4,380 | +€4,380 | |
| Other amounts payable | 47/48 | €54 | €201 | +€147 | +274.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €1,889 | +€760 | +67.3% |
| Other operating charges | 640/8 | €607 | €958 | +€352 | +58.0% |
| Gross operating margin | 9900 | €34,148 | €34,679 | +€531 | +1.6% |
| Operating profit (loss) | 9901 | €32,413 | €31,832 | -€581 | -1.8% |
| Financial income | 75/76B | €389 | €900 | +€511 | +131.5% |
| Recurring financial income | 75 | €389 | €900 | +€511 | +131.5% |
| Financial charges | 65/66B | €30,036 | €2,991 | -€27,045 | -90.0% |
| Recurring financial charges | 65 | €30,036 | €2,991 | -€27,045 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €2,765 | €29,741 | +€26,975 | +975.5% |
| Income taxes | 67/77 | €2,777 | €7,343 | +€4,566 | +164.4% |
| Profit (loss) for the period | 9904 | -€11 | €22,398 | +€22,409 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11 | €22,398 | +€22,409 |
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.