PUBLICITEIT 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.
PUBLICITEIT STRUYF
Largest movements
- Receivables within one year -€51,925
down €51,925 (-34.5%), from €150,385 to €98,460
of which Other amounts receivable: -€28,612
- Cash +€30,277
up €30,277 (+1,259%), from €2,405 to €32,682
mainly Receivables within one year (+€51,925) and Net result for the year (+€31,048)
- Short-term financial debts -€16,996
down €16,996 (-100%), from €16,996 to €0
- Reserves -€6,946
down €6,946 (-3.4%), from €204,637 to €197,691
of which Distributable reserves: -€6,946
- Current portion of long-term debt +€5,690
up €5,690 (+45.6%), from €12,469 to €18,159
- Debts after one year -€4,745
down €4,745 (-23.4%), from €20,243 to €15,497
- Tax, wage and social debts +€4,243
up €4,243 (+7.8%), from €54,531 to €58,774
of which Taxes: +€4,009
- Gross operating margin -€30,576
down €30,576 (-25.9%), from €118,067 to €87,492
- Financial charges -€7,125
down €7,125 (-56.7%), from €12,568 to €5,443
- Taxes -€6,314
down €6,314 (-30.4%), from €20,747 to €14,433
- Other operating charges -€2,171
down €2,171 (-30.6%), from €7,107 to €4,936
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 | €347,312 | €325,706 | -€21,606 | -6.2% |
| Fixed assets | 21/28 | €3,457 | €5,853 | +€2,396 | +69.3% |
| Tangible fixed assets | 22/27 | €3,457 | €5,853 | +€2,396 | +69.3% |
| Plant, machinery and equipment | 23 | €2,952 | €4,264 | +€1,313 | +44.5% |
| Furniture and vehicles | 24 | €505 | €1,589 | +€1,084 | +215% |
| Current assets | 29/58 | €343,856 | €319,853 | -€24,002 | -7.0% |
| Amounts receivable after more than one year | 29 | €186,599 | €186,599 | = | 0.0% |
| Other amounts receivable | 291 | €186,599 | €186,599 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,766 | €2,113 | +€346 | +19.6% |
| Stocks | 30/36 | €1,766 | €2,113 | +€346 | +19.6% |
| Amounts receivable within one year | 40/41 | €150,385 | €98,460 | -€51,925 | -34.5% |
| Trade receivables | 40 | €83,484 | €60,171 | -€23,313 | -27.9% |
| Other amounts receivable | 41 | €66,901 | €38,289 | -€28,612 | -42.8% |
| Cash at bank and in hand | 54/58 | €2,405 | €32,682 | +€30,277 | +1,259% |
| Deferred charges and accrued income | 490/1 | €2,700 | €0 | -€2,700 | -100% |
| Total equity and liabilities | 10/49 | €347,312 | €325,706 | -€21,606 | -6.2% |
| Equity | 10/15 | €223,229 | €216,283 | -€6,946 | -3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €204,637 | €197,691 | -€6,946 | -3.4% |
| Non-distributable reserves | 130/1 | €15,859 | €15,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,859 | €15,859 | = | 0.0% |
| Distributable reserves | 133 | €188,778 | €181,832 | -€6,946 | -3.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €124,083 | €109,423 | -€14,660 | -11.8% |
| Amounts payable after more than one year | 17 | €20,243 | €15,497 | -€4,745 | -23.4% |
| Financial debts | 170/4 | €20,243 | €15,497 | -€4,745 | -23.4% |
| Amounts payable within one year | 42/48 | €103,841 | €93,926 | -€9,915 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €12,469 | €18,159 | +€5,690 | +45.6% |
| Financial debts | 43 | €16,996 | €0 | -€16,996 | -100% |
| Credit institutions | 430/8 | €16,996 | €0 | -€16,996 | -100% |
| Trade debts | 44 | €19,845 | €16,994 | -€2,851 | -14.4% |
| Suppliers | 440/4 | €19,845 | €16,994 | -€2,851 | -14.4% |
| Taxes, remuneration and social security | 45 | €54,531 | €58,774 | +€4,243 | +7.8% |
| Taxes | 450/3 | €49,997 | €54,006 | +€4,009 | +8.0% |
| Remuneration and social security | 454/9 | €4,533 | €4,767 | +€234 | +5.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €32,884 | €32,328 | -€556 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,661 | €1,912 | +€251 | +15.1% |
| Other operating charges | 640/8 | €7,107 | €4,936 | -€2,171 | -30.6% |
| Gross operating margin | 9900 | €118,067 | €87,492 | -€30,576 | -25.9% |
| Operating profit (loss) | 9901 | €76,415 | €48,315 | -€28,100 | -36.8% |
| Financial income | 75/76B | €3,554 | €2,608 | -€946 | -26.6% |
| Recurring financial income | 75 | €3,554 | €2,608 | -€946 | -26.6% |
| Financial charges | 65/66B | €12,568 | €5,443 | -€7,125 | -56.7% |
| Recurring financial charges | 65 | €12,568 | €5,443 | -€7,125 | -56.7% |
| Profit (loss) for the period before taxes | 9903 | €67,401 | €45,480 | -€21,920 | -32.5% |
| Income taxes | 67/77 | €20,747 | €14,433 | -€6,314 | -30.4% |
| Profit (loss) for the period | 9904 | €46,654 | €31,048 | -€15,606 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,654 | €31,048 | -€15,606 | -33.5% |
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 25 October 2026 via checked.be.