De Stroopop: 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.
De Stroopop
Largest movements
- Cash -€56,824
down €56,824 (-86.7%), from €65,505 to €8,681
mainly Trade debts (-€31,693) and Investment in fixed assets (net) (-€18,530)
- Receivables within one year +€7,940
up €7,940 (+50.3%), from €15,800 to €23,740
of which Other amounts receivable: +€15,387
- Stocks and contracts +€5,909
up €5,909 (+18.6%), from €31,737 to €37,646
- Trade debts -€31,693
down €31,693 (-67.9%), from €46,658 to €14,964
- Reserves -€12,109
down €12,109 (-21.0%), from €57,587 to €45,478
- Current portion of long-term debt +€4,081
up €4,081 (+81.4%), from €5,014 to €9,095
- Other debts -€4,068
down €4,068 (-11.5%), from €35,511 to €31,443
- Gross operating margin -€45,525
down €45,525 (-25.5%), from €178,410 to €132,885
- Staff costs -€10,958
down €10,958 (-8.5%), from €129,086 to €118,128
- Other operating charges -€2,184
down €2,184 (-23.9%), from €9,135 to €6,952
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 | €193,166 | €149,045 | -€44,121 | -22.8% |
| Fixed assets | 21/28 | €75,409 | €74,839 | -€570 | -0.8% |
| Intangible fixed assets | 21 | €1,258 | €1,004 | -€255 | -20.2% |
| Tangible fixed assets | 22/27 | €74,151 | €73,836 | -€316 | -0.4% |
| Plant, machinery and equipment | 23 | €34,692 | €43,346 | +€8,654 | +24.9% |
| Furniture and vehicles | 24 | €5,804 | €3,114 | -€2,690 | -46.3% |
| Other tangible fixed assets | 26 | €33,655 | €27,375 | -€6,279 | -18.7% |
| Current assets | 29/58 | €117,757 | €74,206 | -€43,551 | -37.0% |
| Stocks and contracts in progress | 3 | €31,737 | €37,646 | +€5,909 | +18.6% |
| Stocks | 30/36 | €31,737 | €37,646 | +€5,909 | +18.6% |
| Amounts receivable within one year | 40/41 | €15,800 | €23,740 | +€7,940 | +50.3% |
| Trade receivables | 40 | €13,422 | €5,975 | -€7,447 | -55.5% |
| Other amounts receivable | 41 | €2,378 | €17,766 | +€15,387 | +646.9% |
| Cash at bank and in hand | 54/58 | €65,505 | €8,681 | -€56,824 | -86.7% |
| Deferred charges and accrued income | 490/1 | €4,715 | €4,138 | -€577 | -12.2% |
| Total equity and liabilities | 10/49 | €193,166 | €149,045 | -€44,121 | -22.8% |
| Equity | 10/15 | €77,587 | €65,478 | -€12,109 | -15.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €57,587 | €45,478 | -€12,109 | -21.0% |
| Distributable reserves | 133 | €57,587 | €45,478 | -€12,109 | -21.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €115,579 | €83,567 | -€32,012 | -27.7% |
| Amounts payable after more than one year | 17 | €11,123 | €10,710 | -€413 | -3.7% |
| Financial debts | 170/4 | €11,123 | €10,710 | -€413 | -3.7% |
| Amounts payable within one year | 42/48 | €103,742 | €71,620 | -€32,122 | -31.0% |
| Current portion of amounts payable after more than one year | 42 | €5,014 | €9,095 | +€4,081 | +81.4% |
| Trade debts | 44 | €46,658 | €14,964 | -€31,693 | -67.9% |
| Suppliers | 440/4 | €46,658 | €14,964 | -€31,693 | -67.9% |
| Taxes, remuneration and social security | 45 | €16,560 | €16,117 | -€442 | -2.7% |
| Taxes | 450/3 | €4,822 | €3,595 | -€1,227 | -25.4% |
| Remuneration and social security | 454/9 | €11,738 | €12,522 | +€784 | +6.7% |
| Other amounts payable | 47/48 | €35,511 | €31,443 | -€4,068 | -11.5% |
| Accrued charges and deferred income | 492/3 | €715 | €1,237 | +€523 | +73.1% |
| Remuneration, social security and pensions | 62 | €129,086 | €118,128 | -€10,958 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,836 | €19,100 | +€1,264 | +7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€204 | €0 | +€204 | |
| Other operating charges | 640/8 | €9,135 | €6,952 | -€2,184 | -23.9% |
| Non-recurring operating charges | 66A | €0 | €104 | +€104 | |
| Gross operating margin | 9900 | €178,410 | €132,885 | -€45,525 | -25.5% |
| Operating profit (loss) | 9901 | €22,556 | -€11,399 | -€33,955 | |
| Financial income | 75/76B | €21 | €207 | +€185 | +864.1% |
| Recurring financial income | 75 | €21 | €207 | +€185 | +864.1% |
| Financial charges | 65/66B | €1,794 | €916 | -€878 | -48.9% |
| Recurring financial charges | 65 | €1,794 | €916 | -€878 | -48.9% |
| Profit (loss) for the period before taxes | 9903 | €20,783 | -€12,109 | -€32,892 | |
| Income taxes | 67/77 | €1,181 | €0 | -€1,181 | -100.0% |
| Profit (loss) for the period | 9904 | €19,602 | -€12,109 | -€31,711 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,602 | -€12,109 | -€31,711 |
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 28 September 2026 via checked.be.