DR.NADIA STRUYF: 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.NADIA STRUYF
Largest movements
- Current investments +€442,395
up €442,395 (+61.2%), from €722,622 to €1.2m
- Cash -€327,199
down €327,199 (-71.2%), from €459,348 to €132,149
mainly Current investments (-€442,395) and Receivables within one year (-€1,773)
- Deferred charges and accrued income -€29,222
down €29,222 (-98.9%), from €29,551 to €329
- Reserves +€63,825
up €63,825 (+5.5%), from €1.2m to €1.2m
- Accrued charges and deferred income +€15,914
up €15,914 (+11701.6%), from €136 to €16,050
- Gross operating margin -€165,031
down €165,031 (-67.9%), from €242,976 to €77,946
- Taxes -€44,421
down €44,421 (-62.0%), from €71,638 to €27,217
- Financial income +€15,712
up €15,712 (+121.0%), from €12,987 to €28,699
- Financial charges -€2,527
down €2,527 (-35.0%), from €7,220 to €4,693
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 | €1,237,213 | €1,315,310 | +€78,097 | +6.3% |
| Fixed assets | 21/28 | €25,204 | €15,555 | -€9,650 | -38.3% |
| Tangible fixed assets | 22/27 | €25,204 | €15,555 | -€9,650 | -38.3% |
| Land and buildings | 22 | €7,744 | €5,812 | -€1,932 | -24.9% |
| Plant, machinery and equipment | 23 | €1,026 | €597 | -€429 | -41.8% |
| Furniture and vehicles | 24 | €16,434 | €9,145 | -€7,289 | -44.4% |
| Current assets | 29/58 | €1,212,009 | €1,299,756 | +€87,747 | +7.2% |
| Amounts receivable within one year | 40/41 | €488 | €2,261 | +€1,773 | +363.0% |
| Trade receivables | 40 | €488 | €78 | -€410 | -84.0% |
| Other amounts receivable | 41 | - | €2,183 | +€2,183 | |
| Current investments | 50/53 | €722,622 | €1,165,017 | +€442,395 | +61.2% |
| Cash at bank and in hand | 54/58 | €459,348 | €132,149 | -€327,199 | -71.2% |
| Deferred charges and accrued income | 490/1 | €29,551 | €329 | -€29,222 | -98.9% |
| Total equity and liabilities | 10/49 | €1,237,213 | €1,315,310 | +€78,097 | +6.3% |
| Equity | 10/15 | €1,164,961 | €1,228,786 | +€63,825 | +5.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,152,561 | €1,216,386 | +€63,825 | +5.5% |
| Distributable reserves | 133 | €1,152,561 | €1,216,386 | +€63,825 | +5.5% |
| Amounts payable | 17/49 | €72,252 | €86,524 | +€14,272 | +19.8% |
| Amounts payable within one year | 42/48 | €72,116 | €70,474 | -€1,642 | -2.3% |
| Trade debts | 44 | €647 | €1,081 | +€434 | +67.0% |
| Suppliers | 440/4 | €647 | €1,081 | +€434 | +67.0% |
| Taxes, remuneration and social security | 45 | €22,664 | €21,609 | -€1,056 | -4.7% |
| Taxes | 450/3 | €22,664 | €21,609 | -€1,056 | -4.7% |
| Other amounts payable | 47/48 | €48,804 | €47,784 | -€1,020 | -2.1% |
| Accrued charges and deferred income | 492/3 | €136 | €16,050 | +€15,914 | +11701.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,059 | €9,650 | -€410 | -4.1% |
| Other operating charges | 640/8 | €1,498 | €1,261 | -€237 | -15.8% |
| Gross operating margin | 9900 | €242,976 | €77,946 | -€165,031 | -67.9% |
| Operating profit (loss) | 9901 | €231,419 | €67,036 | -€164,384 | -71.0% |
| Financial income | 75/76B | €12,987 | €28,699 | +€15,712 | +121.0% |
| Recurring financial income | 75 | €12,987 | €28,699 | +€15,712 | +121.0% |
| Financial charges | 65/66B | €7,220 | €4,693 | -€2,527 | -35.0% |
| Recurring financial charges | 65 | €7,220 | €4,693 | -€2,527 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | €237,186 | €91,042 | -€146,144 | -61.6% |
| Income taxes | 67/77 | €71,638 | €27,217 | -€44,421 | -62.0% |
| Profit (loss) for the period | 9904 | €165,548 | €63,825 | -€101,723 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €165,548 | €63,825 | -€101,723 | -61.4% |
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 10 October 2026 via checked.be.