STANDELDONCK: what changed
STANDELDONCK
Largest movements
- Cash -€66,904
down €66,904 (-86.8%), from €77,042 to €10,138
mainly Trade debts (-€170,621) and Receivables within one year (-€27,906)
- Tangible fixed assets -€49,661
down €49,661 (-3.9%), from €1.3m to €1.2m
- Receivables within one year +€27,906
up €27,906 (+24.6%), from €113,483 to €141,389
of which Other amounts receivable: +€22,563
- Trade debts -€170,621
down €170,621 (-87.4%), from €195,138 to €24,517
- Reserves +€68,768
up €68,768 (+10.6%), from €647,229 to €715,997
of which Distributable reserves: +€84,518
- Tax, wage and social debts +€30,503
up €30,503 (+389%), from €7,834 to €38,337
- Other debts -€25,200
down €25,200 (-18.3%), from €137,468 to €112,268
- Gross operating margin +€96,359
up €96,359 (+70.0%), from €137,580 to €233,939
- Taxes +€30,396
up €30,396 (+8,201%), from €371 to €30,766
- Other operating charges +€2,494
up €2,494 (+3.1%), from €79,930 to €82,424
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,459,061 | €1,365,465 | -€93,596 | -6.4% |
| Fixed assets | 21/28 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Tangible fixed assets | 22/27 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Land and buildings | 22 | €1,263,600 | €1,213,938 | -€49,661 | -3.9% |
| Current assets | 29/58 | €195,462 | €151,527 | -€43,935 | -22.5% |
| Amounts receivable within one year | 40/41 | €113,483 | €141,389 | +€27,906 | +24.6% |
| Trade receivables | 40 | - | €5,343 | +€5,343 | |
| Other amounts receivable | 41 | €113,483 | €136,046 | +€22,563 | +19.9% |
| Cash at bank and in hand | 54/58 | €77,042 | €10,138 | -€66,904 | -86.8% |
| Deferred charges and accrued income | 490/1 | €4,937 | €0 | -€4,937 | -100% |
| Total equity and liabilities | 10/49 | €1,459,061 | €1,365,465 | -€93,596 | -6.4% |
| Equity | 10/15 | €1,022,293 | €1,091,061 | +€68,768 | +6.7% |
| Contributions | 10/11 | €375,064 | €375,064 | = | 0.0% |
| Capital | 10 | €375,064 | €375,064 | = | 0.0% |
| Issued capital | 100 | €375,064 | €375,064 | = | 0.0% |
| Reserves | 13 | €647,229 | €715,997 | +€68,768 | +10.6% |
| Non-distributable reserves | 130/1 | €87,506 | €87,506 | = | 0.0% |
| Legal reserve | 130 | €87,506 | €87,506 | = | 0.0% |
| Tax-exempt reserves | 132 | €261,983 | €246,234 | -€15,749 | -6.0% |
| Distributable reserves | 133 | €297,739 | €382,257 | +€84,518 | +28.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €87,328 | €82,078 | -€5,250 | -6.0% |
| Deferred taxes | 168 | €87,328 | €82,078 | -€5,250 | -6.0% |
| Amounts payable | 17/49 | €349,441 | €192,326 | -€157,115 | -45.0% |
| Amounts payable within one year | 42/48 | €340,440 | €175,122 | -€165,318 | -48.6% |
| Trade debts | 44 | €195,138 | €24,517 | -€170,621 | -87.4% |
| Suppliers | 440/4 | €195,138 | €24,517 | -€170,621 | -87.4% |
| Taxes, remuneration and social security | 45 | €7,834 | €38,337 | +€30,503 | +389% |
| Taxes | 450/3 | €7,834 | €38,337 | +€30,503 | +389% |
| Other amounts payable | 47/48 | €137,468 | €112,268 | -€25,200 | -18.3% |
| Accrued charges and deferred income | 492/3 | €9,001 | €17,205 | +€8,203 | +91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,662 | €49,661 | -€0 | 0.0% |
| Other operating charges | 640/8 | €79,930 | €82,424 | +€2,494 | +3.1% |
| Gross operating margin | 9900 | €137,580 | €233,939 | +€96,359 | +70.0% |
| Operating profit (loss) | 9901 | €7,988 | €101,854 | +€93,866 | +1,175% |
| Financial income | 75/76B | €0 | €1,196 | +€1,196 | +3,986,867% |
| Recurring financial income | 75 | €0 | €1,196 | +€1,196 | +3,986,867% |
| Financial charges | 65/66B | €9,627 | €8,765 | -€862 | -9.0% |
| Recurring financial charges | 65 | €9,627 | €8,765 | -€862 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,639 | €94,285 | +€95,924 | |
| Transfer from deferred taxes | 780 | €5,250 | €5,250 | = | 0.0% |
| Income taxes | 67/77 | €371 | €30,766 | +€30,396 | +8,201% |
| Profit (loss) for the period | 9904 | €3,240 | €68,768 | +€65,528 | +2,022% |
| Transfer from tax-exempt reserves | 789 | €15,749 | €15,749 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,990 | €84,518 | +€65,528 | +345% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.