Dr. Laurence Strypstein: 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. Laurence Strypstein
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Receivables within one year +€23,039
new in 2025: €23,039
- Deferred charges and accrued income +€20,154
up €20,154 (+13.8%), from €146,366 to €166,521
- Cash -€15,207
down €15,207 (-32.4%), from €46,893 to €31,686
mainly Contributions, distributions and other (-€344,248) and Tax, wage and social debts (-€42,574)
- Tangible fixed assets +€4,483
up €4,483 (+122%), from €3,676 to €8,159
of which Land and buildings: +€5,447
- Reserves -€126,403
down €126,403 (-36.7%), from €344,248 to €217,845
- Tax, wage and social debts -€42,574
down €42,574 (-97.4%), from €43,704 to €1,130
- Gross operating margin +€101,032
up €101,032 (+53.9%), from €187,435 to €288,468
- Taxes +€23,430
up €23,430 (+52.9%), from €44,269 to €67,700
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 | €396,935 | €229,405 | -€167,531 | -42.2% |
| Fixed assets | 21/28 | €3,676 | €8,159 | +€4,483 | +122% |
| Tangible fixed assets | 22/27 | €3,676 | €8,159 | +€4,483 | +122% |
| Land and buildings | 22 | €1,125 | €6,572 | +€5,447 | +484% |
| Furniture and vehicles | 24 | €2,551 | €1,587 | -€964 | -37.8% |
| Current assets | 29/58 | €393,259 | €221,246 | -€172,013 | -43.7% |
| Amounts receivable within one year | 40/41 | - | €23,039 | +€23,039 | |
| Other amounts receivable | 41 | - | €23,039 | +€23,039 | |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €46,893 | €31,686 | -€15,207 | -32.4% |
| Deferred charges and accrued income | 490/1 | €146,366 | €166,521 | +€20,154 | +13.8% |
| Total equity and liabilities | 10/49 | €396,935 | €229,405 | -€167,531 | -42.2% |
| Equity | 10/15 | €345,248 | €218,845 | -€126,403 | -36.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €344,248 | €217,845 | -€126,403 | -36.7% |
| Distributable reserves | 133 | €344,248 | €217,845 | -€126,403 | -36.7% |
| Amounts payable | 17/49 | €51,688 | €10,560 | -€41,128 | -79.6% |
| Amounts payable within one year | 42/48 | €50,666 | €7,904 | -€42,763 | -84.4% |
| Trade debts | 44 | €3,497 | €3,260 | -€237 | -6.8% |
| Suppliers | 440/4 | €3,497 | €3,260 | -€237 | -6.8% |
| Taxes, remuneration and social security | 45 | €43,704 | €1,130 | -€42,574 | -97.4% |
| Taxes | 450/3 | €43,704 | €1,130 | -€42,574 | -97.4% |
| Other amounts payable | 47/48 | €3,465 | €3,514 | +€49 | +1.4% |
| Accrued charges and deferred income | 492/3 | €1,021 | €2,656 | +€1,635 | +160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,113 | €1,328 | +€215 | +19.3% |
| Other operating charges | 640/8 | €298 | €314 | +€16 | +5.4% |
| Gross operating margin | 9900 | €187,435 | €288,468 | +€101,032 | +53.9% |
| Operating profit (loss) | 9901 | €186,025 | €286,826 | +€100,801 | +54.2% |
| Financial income | 75/76B | €2,972 | €2,574 | -€398 | -13.4% |
| Recurring financial income | 75 | €2,972 | €2,574 | -€398 | -13.4% |
| Financial charges | 65/66B | €1,164 | €3,855 | +€2,691 | +231% |
| Recurring financial charges | 65 | €1,164 | €3,855 | +€2,691 | +231% |
| Profit (loss) for the period before taxes | 9903 | €187,833 | €285,544 | +€97,712 | +52.0% |
| Income taxes | 67/77 | €44,269 | €67,700 | +€23,430 | +52.9% |
| Profit (loss) for the period | 9904 | €143,563 | €217,845 | +€74,281 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143,563 | €217,845 | +€74,281 | +51.7% |
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 25 October 2026 via checked.be.