KRIS STROBBE: what changed
Two fiscal 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.
KRIS STROBBE
Largest movements
- Stocks and contracts -€31,312
down €31,312 (-34.9%), from €89,661 to €58,348
- Cash -€21,766
down €21,766 (-38.0%), from €57,313 to €35,547
mainly Investment in fixed assets (net) (-€137,105) and Debts after one year (-€34,134)
- Receivables within one year +€15,690
up €15,690 (+15.7%), from €99,715 to €115,406
of which Trade receivables: +€20,022
- Tangible fixed assets +€12,176
up €12,176 (+1.3%), from €950,214 to €962,390
of which Furniture and vehicles: +€39,303
- Reserves +€34,918
up €34,918 (+12.6%), from €276,778 to €311,696
- Debts after one year -€34,134
down €34,134 (-6.1%), from €556,134 to €522,000
- Depreciation +€26,660
up €26,660 (+27.1%), from €98,268 to €124,928
- Gross operating margin +€26,273
up €26,273 (+6.5%), from €406,888 to €433,162
- Staff costs +€9,915
up €9,915 (+5.0%), from €196,370 to €206,285
- Financial charges +€6,964
up €6,964 (+19.8%), from €35,187 to €42,151
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 | €1,204,462 | €1,182,086 | -€22,376 | -1.9% |
| Fixed assets | 21/28 | €950,492 | €962,668 | +€12,176 | +1.3% |
| Tangible fixed assets | 22/27 | €950,214 | €962,390 | +€12,176 | +1.3% |
| Land and buildings | 22 | €714,215 | €701,263 | -€12,952 | -1.8% |
| Plant, machinery and equipment | 23 | €83,295 | €69,121 | -€14,174 | -17.0% |
| Furniture and vehicles | 24 | €152,703 | €192,006 | +€39,303 | +25.7% |
| Financial fixed assets | 28 | €278 | €278 | = | 0.0% |
| Current assets | 29/58 | €253,970 | €219,418 | -€34,552 | -13.6% |
| Stocks and contracts in progress | 3 | €89,661 | €58,348 | -€31,312 | -34.9% |
| Stocks | 30/36 | €89,661 | €58,348 | -€31,312 | -34.9% |
| Amounts receivable within one year | 40/41 | €99,715 | €115,406 | +€15,690 | +15.7% |
| Trade receivables | 40 | €56,790 | €76,812 | +€20,022 | +35.3% |
| Other amounts receivable | 41 | €42,925 | €38,594 | -€4,332 | -10.1% |
| Cash at bank and in hand | 54/58 | €57,313 | €35,547 | -€21,766 | -38.0% |
| Deferred charges and accrued income | 490/1 | €7,281 | €10,116 | +€2,835 | +38.9% |
| Total equity and liabilities | 10/49 | €1,204,462 | €1,182,086 | -€22,376 | -1.9% |
| Equity | 10/15 | €295,378 | €330,296 | +€34,918 | +11.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €276,778 | €311,696 | +€34,918 | +12.6% |
| Distributable reserves | 133 | €276,778 | €311,696 | +€34,918 | +12.6% |
| Amounts payable | 17/49 | €909,084 | €851,790 | -€57,294 | -6.3% |
| Amounts payable after more than one year | 17 | €556,134 | €522,000 | -€34,134 | -6.1% |
| Financial debts | 170/4 | €556,134 | €522,000 | -€34,134 | -6.1% |
| Amounts payable within one year | 42/48 | €352,950 | €329,790 | -€23,160 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €111,162 | €116,959 | +€5,797 | +5.2% |
| Trade debts | 44 | €161,145 | €150,245 | -€10,900 | -6.8% |
| Suppliers | 440/4 | €161,145 | €150,245 | -€10,900 | -6.8% |
| Taxes, remuneration and social security | 45 | €43,248 | €33,968 | -€9,280 | -21.5% |
| Taxes | 450/3 | €13,743 | €11,964 | -€1,779 | -12.9% |
| Remuneration and social security | 454/9 | €29,505 | €22,003 | -€7,502 | -25.4% |
| Other amounts payable | 47/48 | €37,395 | €28,618 | -€8,777 | -23.5% |
| Remuneration, social security and pensions | 62 | €196,370 | €206,285 | +€9,915 | +5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €98,268 | €124,928 | +€26,660 | +27.1% |
| Other operating charges | 640/8 | €8,117 | €9,599 | +€1,482 | +18.3% |
| Gross operating margin | 9900 | €406,888 | €433,162 | +€26,273 | +6.5% |
| Operating profit (loss) | 9901 | €104,134 | €92,350 | -€11,784 | -11.3% |
| Financial income | 75/76B | €2,774 | €2,966 | +€192 | +6.9% |
| Recurring financial income | 75 | €2,774 | €2,966 | +€192 | +6.9% |
| Financial charges | 65/66B | €35,187 | €42,151 | +€6,964 | +19.8% |
| Recurring financial charges | 65 | €35,187 | €42,151 | +€6,964 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €71,721 | €53,165 | -€18,555 | -25.9% |
| Income taxes | 67/77 | €20,401 | €18,247 | -€2,154 | -10.6% |
| Profit (loss) for the period | 9904 | €51,320 | €34,918 | -€16,402 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,320 | €34,918 | -€16,402 | -32.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.