"Bij de herdenking worden er duizenden bloemen rondom het standbeeld gelegd."
Translation:At the commemoration, thousands of flowers are placed around the statue.
Dutch also uses "het monument".
"Standbeeld" is a bit more specific, though. It refers to a statue of one or more people (and/or animals, in some cases). "Monumenten" are often much simpler than that, like a stone or a pillar with something engraved.