Dr. Sébastien Strypstein: what changed
Dr. Sébastien Strypstein
Largest movements
- Current investments +€100,000
up €100,000 (+100%), from €100,000 to €200,000
- Receivables within one year +€11,327
up €11,327 (+15.0%), from €75,274 to €86,601
- Cash -€3,650
down €3,650 (-10.1%), from €35,978 to €32,328
mainly Current investments (-€100,000) and Other debts (-€28,965)
- Reserves +€114,327
up €114,327 (+72.5%), from €157,608 to €271,936
- Other debts -€28,965
down €28,965 (-85.0%), from €34,076 to €5,111
- Tax, wage and social debts +€13,342
up €13,342 (+65.7%), from €20,322 to €33,664
- Trade debts +€9,165
up €9,165 (+1,772%), from €517 to €9,682
- Gross operating margin +€49,415
up €49,415 (+48.6%), from €101,589 to €151,003
- Taxes +€13,221
up €13,221 (+65.3%), from €20,236 to €33,457
- Financial charges -€2,525
down €2,525 (-50.8%), from €4,975 to €2,450
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €220,076 | €325,105 | +€105,029 | +47.7% |
| Fixed assets | 21/28 | €5,823 | €2,686 | -€3,136 | -53.9% |
| Tangible fixed assets | 22/27 | €5,823 | €2,686 | -€3,136 | -53.9% |
| Plant, machinery and equipment | 23 | €1,312 | €1,158 | -€154 | -11.7% |
| Furniture and vehicles | 24 | €4,511 | €1,528 | -€2,982 | -66.1% |
| Current assets | 29/58 | €214,253 | €322,419 | +€108,166 | +50.5% |
| Amounts receivable within one year | 40/41 | €75,274 | €86,601 | +€11,327 | +15.0% |
| Trade receivables | 40 | €75,274 | €86,601 | +€11,327 | +15.0% |
| Current investments | 50/53 | €100,000 | €200,000 | +€100,000 | +100% |
| Cash at bank and in hand | 54/58 | €35,978 | €32,328 | -€3,650 | -10.1% |
| Deferred charges and accrued income | 490/1 | €3,001 | €3,490 | +€489 | +16.3% |
| Total equity and liabilities | 10/49 | €220,076 | €325,105 | +€105,029 | +47.7% |
| Equity | 10/15 | €158,608 | €272,936 | +€114,327 | +72.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €157,608 | €271,936 | +€114,327 | +72.5% |
| Distributable reserves | 133 | €157,608 | €271,936 | +€114,327 | +72.5% |
| Amounts payable | 17/49 | €61,467 | €52,170 | -€9,298 | -15.1% |
| Amounts payable within one year | 42/48 | €54,915 | €48,458 | -€6,458 | -11.8% |
| Trade debts | 44 | €517 | €9,682 | +€9,165 | +1,772% |
| Suppliers | 440/4 | €517 | €9,682 | +€9,165 | +1,772% |
| Taxes, remuneration and social security | 45 | €20,322 | €33,664 | +€13,342 | +65.7% |
| Taxes | 450/3 | €20,322 | €33,664 | +€13,342 | +65.7% |
| Other amounts payable | 47/48 | €34,076 | €5,111 | -€28,965 | -85.0% |
| Accrued charges and deferred income | 492/3 | €6,552 | €3,712 | -€2,840 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,136 | €3,136 | = | 0.0% |
| Other operating charges | 640/8 | €628 | €609 | -€19 | -3.0% |
| Gross operating margin | 9900 | €101,589 | €151,003 | +€49,415 | +48.6% |
| Operating profit (loss) | 9901 | €97,824 | €147,258 | +€49,433 | +50.5% |
| Financial income | 75/76B | €2,246 | €2,976 | +€730 | +32.5% |
| Recurring financial income | 75 | €2,246 | €2,976 | +€730 | +32.5% |
| Financial charges | 65/66B | €4,975 | €2,450 | -€2,525 | -50.8% |
| Recurring financial charges | 65 | €4,975 | €2,450 | -€2,525 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €95,095 | €147,784 | +€52,689 | +55.4% |
| Income taxes | 67/77 | €20,236 | €33,457 | +€13,221 | +65.3% |
| Profit (loss) for the period | 9904 | €74,860 | €114,327 | +€39,467 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €74,860 | €114,327 | +€39,467 | +52.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.