Dr. Janne Stroo: 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.
Dr. Janne Stroo
Largest movements
- Financial fixed assets +€49,500
new in 2025: €49,500
- Cash +€21,075
up €21,075 (+18.5%), from €113,863 to €134,938
mainly Net result for the year (+€58,321) and Tax, wage and social debts (+€15,331)
- Receivables within one year +€12,236
up €12,236 (+110%), from €11,144 to €23,379
of which Other amounts receivable: +€10,646
- Tangible fixed assets +€2,178
new in 2025: €2,178
- Reserves +€58,321
up €58,321 (+57.5%), from €101,368 to €159,689
- Tax, wage and social debts +€15,331
new in 2025: €15,331
- Other debts +€7,520
up €7,520 (+42.7%), from €17,617 to €25,137
- Trade debts +€3,835
up €3,835 (+334%), from €1,148 to €4,983
- Gross operating margin -€56,351
down €56,351 (-43.1%), from €130,867 to €74,516
- Taxes -€13,525
down €13,525 (-46.9%), from €28,856 to €15,331
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 | €125,134 | €210,141 | +€85,007 | +67.9% |
| Fixed assets | 21/28 | - | €51,678 | +€51,678 | |
| Tangible fixed assets | 22/27 | - | €2,178 | +€2,178 | |
| Furniture and vehicles | 24 | - | €2,178 | +€2,178 | |
| Financial fixed assets | 28 | - | €49,500 | +€49,500 | |
| Current assets | 29/58 | €125,134 | €158,463 | +€33,329 | +26.6% |
| Amounts receivable within one year | 40/41 | €11,144 | €23,379 | +€12,236 | +110% |
| Trade receivables | 40 | - | €1,589 | +€1,589 | |
| Other amounts receivable | 41 | €11,144 | €21,790 | +€10,646 | +95.5% |
| Cash at bank and in hand | 54/58 | €113,863 | €134,938 | +€21,075 | +18.5% |
| Deferred charges and accrued income | 490/1 | €128 | €146 | +€19 | +14.5% |
| Total equity and liabilities | 10/49 | €125,134 | €210,141 | +€85,007 | +67.9% |
| Equity | 10/15 | €106,368 | €164,689 | +€58,321 | +54.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €101,368 | €159,689 | +€58,321 | +57.5% |
| Distributable reserves | 133 | €101,368 | €159,689 | +€58,321 | +57.5% |
| Amounts payable | 17/49 | €18,766 | €45,452 | +€26,686 | +142% |
| Amounts payable within one year | 42/48 | €18,766 | €45,452 | +€26,686 | +142% |
| Trade debts | 44 | €1,148 | €4,983 | +€3,835 | +334% |
| Suppliers | 440/4 | €1,148 | €4,983 | +€3,835 | +334% |
| Taxes, remuneration and social security | 45 | - | €15,331 | +€15,331 | |
| Taxes | 450/3 | - | €15,331 | +€15,331 | |
| Other amounts payable | 47/48 | €17,617 | €25,137 | +€7,520 | +42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €341 | +€341 | |
| Other operating charges | 640/8 | €382 | €265 | -€116 | -30.5% |
| Gross operating margin | 9900 | €130,867 | €74,516 | -€56,351 | -43.1% |
| Operating profit (loss) | 9901 | €130,486 | €73,910 | -€56,576 | -43.4% |
| Financial charges | 65/66B | €261 | €258 | -€3 | -1.2% |
| Recurring financial charges | 65 | €261 | €258 | -€3 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | €130,225 | €73,652 | -€56,573 | -43.4% |
| Income taxes | 67/77 | €28,856 | €15,331 | -€13,525 | -46.9% |
| Profit (loss) for the period | 9904 | €101,368 | €58,321 | -€43,048 | -42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,368 | €58,321 | -€43,048 | -42.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.