STRAGIER PHILIEP: what changed
STRAGIER PHILIEP
Largest movements
- Current investments -€150,798
down €150,798 (-54.8%), from €275,000 to €124,202
- Cash +€71,913
up €71,913 (+415%), from €17,328 to €89,241
mainly Current investments (+€150,798) and Receivables within one year (+€18,424)
- Receivables within one year -€18,424
down €18,424 (-98.9%), from €18,637 to €213
- Tangible fixed assets -€11,895
down €11,895 (-8.2%), from €144,237 to €132,342
of which Land and buildings: -€10,596
- Receivables after one year -€10,123
down €10,123 (-6.3%), from €160,123 to €150,000
of which Trade receivables: -€150,000
- Reserves -€124,887
down €124,887 (-20.5%), from €610,181 to €485,293
of which Distributable reserves: -€124,887
- Profit (loss) carried forward +€85,499
up €85,499 (+32.8%), from -€260,805 to -€175,306
- Other debts -€47,440
down €47,440 (-97.0%), from €48,896 to €1,456
- Tax, wage and social debts -€15,629
down €15,629 (-100%), from €15,629 to €0
of which Taxes: -€15,629
- Debts after one year -€7,254
down €7,254 (-100%), from €7,254 to €0
- Gross operating margin -€450,348
down €450,348, from €433,267 to -€17,081
- Depreciation -€18,877
down €18,877 (-61.3%), from €30,772 to €11,895
- Taxes +€12,357
up €12,357 (+1,300%), from €950 to €13,307
- Staff costs +€6,809
up €6,809, from -€6,809 to €0
- Other operating charges -€6,142
down €6,142 (-64.4%), from €9,536 to €3,394
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 | €616,187 | €499,055 | -€117,132 | -19.0% |
| Fixed assets | 21/28 | €144,237 | €132,342 | -€11,895 | -8.2% |
| Tangible fixed assets | 22/27 | €144,237 | €132,342 | -€11,895 | -8.2% |
| Land and buildings | 22 | €142,394 | €131,798 | -€10,596 | -7.4% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,843 | €543 | -€1,300 | -70.5% |
| Current assets | 29/58 | €471,950 | €366,713 | -€105,236 | -22.3% |
| Amounts receivable after more than one year | 29 | €160,123 | €150,000 | -€10,123 | -6.3% |
| Trade receivables | 290 | €150,000 | - | -€150,000 | |
| Other amounts receivable | 291 | €10,123 | €150,000 | +€139,877 | +1,382% |
| Amounts receivable within one year | 40/41 | €18,637 | €213 | -€18,424 | -98.9% |
| Other amounts receivable | 41 | €18,637 | €213 | -€18,424 | -98.9% |
| Current investments | 50/53 | €275,000 | €124,202 | -€150,798 | -54.8% |
| Cash at bank and in hand | 54/58 | €17,328 | €89,241 | +€71,913 | +415% |
| Deferred charges and accrued income | 490/1 | €862 | €3,057 | +€2,195 | +255% |
| Total equity and liabilities | 10/49 | €616,187 | €499,055 | -€117,132 | -19.0% |
| Equity | 10/15 | €367,976 | €328,587 | -€39,389 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €610,181 | €485,293 | -€124,887 | -20.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €459,083 | €459,083 | = | 0.0% |
| Distributable reserves | 133 | €149,238 | €24,350 | -€124,887 | -83.7% |
| Profit (loss) carried forward | 14 | -€260,805 | -€175,306 | +€85,499 | +32.8% |
| Provisions and deferred taxes | 16 | €153,028 | €153,028 | = | 0.0% |
| Deferred taxes | 168 | €153,028 | €153,028 | = | 0.0% |
| Amounts payable | 17/49 | €95,183 | €17,440 | -€77,743 | -81.7% |
| Amounts payable after more than one year | 17 | €7,254 | €0 | -€7,254 | -100% |
| Financial debts | 170/4 | €7,254 | €0 | -€7,254 | -100% |
| Amounts payable within one year | 42/48 | €87,014 | €16,496 | -€70,519 | -81.0% |
| Current portion of amounts payable after more than one year | 42 | €16,042 | €10,160 | -€5,882 | -36.7% |
| Trade debts | 44 | €6,448 | €4,879 | -€1,568 | -24.3% |
| Suppliers | 440/4 | €6,448 | €4,879 | -€1,568 | -24.3% |
| Taxes, remuneration and social security | 45 | €15,629 | €0 | -€15,629 | -100% |
| Taxes | 450/3 | €15,629 | €0 | -€15,629 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €48,896 | €1,456 | -€47,440 | -97.0% |
| Accrued charges and deferred income | 492/3 | €915 | €944 | +€30 | +3.2% |
| Non-recurring operating income | 76A | €616,920 | €0 | -€616,920 | -100% |
| Remuneration, social security and pensions | 62 | -€6,809 | €0 | +€6,809 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,772 | €11,895 | -€18,877 | -61.3% |
| Other operating charges | 640/8 | €9,536 | €3,394 | -€6,142 | -64.4% |
| Non-recurring operating charges | 66A | €750 | €514 | -€236 | -31.4% |
| Gross operating margin | 9900 | €433,267 | -€17,081 | -€450,348 | |
| Operating profit (loss) | 9901 | €399,018 | -€32,885 | -€431,903 | |
| Financial income | 75/76B | €5,183 | €7,465 | +€2,283 | +44.0% |
| Recurring financial income | 75 | €5,183 | €7,465 | +€2,283 | +44.0% |
| Financial charges | 65/66B | €1,945 | €662 | -€1,282 | -65.9% |
| Recurring financial charges | 65 | €1,945 | €662 | -€1,282 | -65.9% |
| Profit (loss) for the period before taxes | 9903 | €402,256 | -€26,082 | -€428,338 | |
| Transfer to deferred taxes | 680 | €153,028 | €0 | -€153,028 | -100% |
| Income taxes | 67/77 | €950 | €13,307 | +€12,357 | +1,300% |
| Profit (loss) for the period | 9904 | €248,278 | -€39,389 | -€287,667 | |
| Transfer to tax-exempt reserves | 689 | €459,083 | €0 | -€459,083 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€210,805 | -€39,389 | +€171,416 | +81.3% |
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 3 November 2026 via checked.be.