STD RENOVATION: 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.
STD RENOVATION
Largest movements
- Receivables within one year +€3,044
up €3,044 (+34.4%), from €8,854 to €11,898
- Cash +€2,039
up €2,039 (+119%), from €1,717 to €3,756
mainly Net result for the year (+€3,889) and Trade debts (+€2,027)
- Deferred charges and accrued income +€1,782
new in 2025: €1,782
- Tangible fixed assets -€273
down €273 (-18.9%), from €1,443 to €1,169
- Trade debts +€2,027
up €2,027 (+115%), from €1,755 to €3,782
- Reserves +€2,000
new in 2025: €2,000
- Tax, wage and social debts +€1,571
up €1,571 (+26.7%), from €5,885 to €7,456
of which Taxes: +€3,710
- Other debts +€1,186
up €1,186 (+247%), from €480 to €1,666
- Accrued charges and deferred income -€415
no longer reported in 2025 (was €415)
- Gross operating margin +€4,656
up €4,656 (+331%), from €1,407 to €6,063
- Taxes +€968
up €968 (+255%), from €380 to €1,348
- Depreciation +€417
up €417 (+295%), from €141 to €558
- Other operating charges -€172
down €172 (-57.5%), from €300 to €128
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 | €12,013 | €18,605 | +€6,592 | +54.9% |
| Fixed assets | 21/28 | €1,443 | €1,169 | -€273 | -18.9% |
| Tangible fixed assets | 22/27 | €1,443 | €1,169 | -€273 | -18.9% |
| Plant, machinery and equipment | 23 | €1,443 | €1,169 | -€273 | -18.9% |
| Current assets | 29/58 | €10,570 | €17,436 | +€6,866 | +65.0% |
| Amounts receivable within one year | 40/41 | €8,854 | €11,898 | +€3,044 | +34.4% |
| Trade receivables | 40 | €8,854 | €11,898 | +€3,044 | +34.4% |
| Cash at bank and in hand | 54/58 | €1,717 | €3,756 | +€2,039 | +119% |
| Deferred charges and accrued income | 490/1 | - | €1,782 | +€1,782 | |
| Total equity and liabilities | 10/49 | €12,013 | €18,605 | +€6,592 | +54.9% |
| Equity | 10/15 | €3,478 | €5,701 | +€2,223 | +63.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €2,000 | +€2,000 | |
| Distributable reserves | 133 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €478 | €701 | +€223 | +46.7% |
| Amounts payable | 17/49 | €8,535 | €12,905 | +€4,369 | +51.2% |
| Amounts payable within one year | 42/48 | €8,120 | €12,905 | +€4,785 | +58.9% |
| Trade debts | 44 | €1,755 | €3,782 | +€2,027 | +115% |
| Suppliers | 440/4 | €1,755 | €3,782 | +€2,027 | +115% |
| Taxes, remuneration and social security | 45 | €5,885 | €7,456 | +€1,571 | +26.7% |
| Taxes | 450/3 | €1,885 | €5,595 | +€3,710 | +197% |
| Remuneration and social security | 454/9 | €4,000 | €1,862 | -€2,138 | -53.5% |
| Other amounts payable | 47/48 | €480 | €1,666 | +€1,186 | +247% |
| Accrued charges and deferred income | 492/3 | €415 | - | -€415 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141 | €558 | +€417 | +295% |
| Other operating charges | 640/8 | €300 | €128 | -€172 | -57.5% |
| Gross operating margin | 9900 | €1,407 | €6,063 | +€4,656 | +331% |
| Operating profit (loss) | 9901 | €966 | €5,377 | +€4,411 | +457% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,200% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,200% |
| Financial charges | 65/66B | €108 | €140 | +€32 | +29.2% |
| Recurring financial charges | 65 | €108 | €140 | +€32 | +29.2% |
| Profit (loss) for the period before taxes | 9903 | €858 | €5,237 | +€4,380 | +511% |
| Income taxes | 67/77 | €380 | €1,348 | +€968 | +255% |
| Profit (loss) for the period | 9904 | €478 | €3,889 | +€3,412 | +714% |
| Profit (loss) for the period to be appropriated | 9905 | €478 | €3,889 | +€3,412 | +714% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.