DR. STRUYF ELINE: 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. STRUYF ELINE
Largest movements
- Cash +€61,393
up €61,393 (+129%), from €47,628 to €109,022
mainly Net result for the year (+€80,893) and Debts after one year (+€19,684)
- Tangible fixed assets +€38,323
up €38,323 (+2,957%), from €1,296 to €39,619
of which Leasing and similar rights: +€38,162
- Receivables within one year +€12,849
up €12,849 (+49.4%), from €26,000 to €38,849
of which Other amounts receivable: +€11,450
- Deferred charges and accrued income -€3,022
down €3,022 (-84.4%), from €3,581 to €559
- Reserves +€80,893
up €80,893 (+142%), from €57,038 to €137,931
- Debts after one year +€19,684
new in 2025: €19,684
- Tax, wage and social debts +€6,108
up €6,108 (+40.6%), from €15,057 to €21,165
- Current portion of long-term debt +€6,008
new in 2025: €6,008
- Trade debts -€2,460
down €2,460 (-100%), from €2,460 to €0
- Gross operating margin +€41,839
up €41,839 (+57.2%), from €73,170 to €115,009
- Depreciation +€7,839
up €7,839 (+12,419%), from €63 to €7,902
- Taxes +€6,108
up €6,108 (+40.6%), from €15,057 to €21,165
- Other operating charges +€3,208
up €3,208 (+260%), from €1,232 to €4,440
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 | €78,905 | €188,049 | +€109,143 | +138% |
| Fixed assets | 21/28 | €1,696 | €39,619 | +€37,923 | +2,236% |
| Tangible fixed assets | 22/27 | €1,296 | €39,619 | +€38,323 | +2,957% |
| Furniture and vehicles | 24 | €1,296 | €1,457 | +€162 | +12.5% |
| Leasing and similar rights | 25 | - | €38,162 | +€38,162 | |
| Financial fixed assets | 28 | €400 | €0 | -€400 | -100% |
| Current assets | 29/58 | €77,210 | €148,429 | +€71,220 | +92.2% |
| Amounts receivable within one year | 40/41 | €26,000 | €38,849 | +€12,849 | +49.4% |
| Trade receivables | 40 | - | €1,399 | +€1,399 | |
| Other amounts receivable | 41 | €26,000 | €37,450 | +€11,450 | +44.0% |
| Cash at bank and in hand | 54/58 | €47,628 | €109,022 | +€61,393 | +129% |
| Deferred charges and accrued income | 490/1 | €3,581 | €559 | -€3,022 | -84.4% |
| Total equity and liabilities | 10/49 | €78,905 | €188,049 | +€109,143 | +138% |
| Equity | 10/15 | €60,038 | €140,931 | +€80,893 | +135% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €57,038 | €137,931 | +€80,893 | +142% |
| Distributable reserves | 133 | €57,038 | €137,931 | +€80,893 | +142% |
| Amounts payable | 17/49 | €18,868 | €47,117 | +€28,250 | +150% |
| Amounts payable after more than one year | 17 | - | €19,684 | +€19,684 | |
| Financial debts | 170/4 | - | €19,684 | +€19,684 | |
| Amounts payable within one year | 42/48 | €18,868 | €27,433 | +€8,565 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | - | €6,008 | +€6,008 | |
| Trade debts | 44 | €2,460 | €0 | -€2,460 | -100% |
| Suppliers | 440/4 | €2,460 | €0 | -€2,460 | -100% |
| Taxes, remuneration and social security | 45 | €15,057 | €21,165 | +€6,108 | +40.6% |
| Taxes | 450/3 | €15,057 | €21,165 | +€6,108 | +40.6% |
| Other amounts payable | 47/48 | €1,351 | €260 | -€1,091 | -80.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63 | €7,902 | +€7,839 | +12,419% |
| Other operating charges | 640/8 | €1,232 | €4,440 | +€3,208 | +260% |
| Gross operating margin | 9900 | €73,170 | €115,009 | +€41,839 | +57.2% |
| Operating profit (loss) | 9901 | €71,874 | €102,667 | +€30,792 | +42.8% |
| Financial income | 75/76B | €301 | €0 | -€301 | -100.0% |
| Recurring financial income | 75 | €301 | €0 | -€301 | -100.0% |
| Financial charges | 65/66B | €80 | €608 | +€528 | +655% |
| Recurring financial charges | 65 | €80 | €608 | +€528 | +655% |
| Profit (loss) for the period before taxes | 9903 | €72,095 | €102,059 | +€29,964 | +41.6% |
| Income taxes | 67/77 | €15,057 | €21,165 | +€6,108 | +40.6% |
| Profit (loss) for the period | 9904 | €57,038 | €80,893 | +€23,856 | +41.8% |
| Profit (loss) for the period to be appropriated | 9905 | €57,038 | €80,893 | +€23,856 | +41.8% |
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 24 October 2026 via checked.be.