STRCTR: 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.
STRCTR
Largest movements
- Cash -€211,913
down €211,913 (-84.7%), from €250,332 to €38,420
mainly Current investments (-€200,000) and Debts after one year (-€25,352)
- Current investments +€200,000
new in 2025: €200,000
- Tangible fixed assets -€19,073
down €19,073 (-4.8%), from €394,698 to €375,625
- Debts after one year -€25,352
down €25,352 (-11.6%), from €217,840 to €192,489
- Other debts -€10,000
down €10,000 (-77.6%), from €12,879 to €2,879
- Trade debts +€6,865
new in 2025: €6,865
- Financial income -€4,771
down €4,771 (-94.3%), from €5,060 to €289
- Financial charges -€1,085
down €1,085 (-22.0%), from €4,931 to €3,846
- Taxes -€587
down €587 (-9.4%), from €6,237 to €5,650
- Depreciation -€421
down €421 (-2.2%), from €19,494 to €19,073
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 | €645,031 | €614,045 | -€30,986 | -4.8% |
| Fixed assets | 21/28 | €394,698 | €375,625 | -€19,073 | -4.8% |
| Tangible fixed assets | 22/27 | €394,698 | €375,625 | -€19,073 | -4.8% |
| Land and buildings | 22 | €394,698 | €375,625 | -€19,073 | -4.8% |
| Current assets | 29/58 | €250,332 | €238,420 | -€11,913 | -4.8% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €250,332 | €38,420 | -€211,913 | -84.7% |
| Total equity and liabilities | 10/49 | €645,031 | €614,045 | -€30,986 | -4.8% |
| Equity | 10/15 | €299,299 | €300,907 | +€1,608 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €280,699 | €282,307 | +€1,608 | +0.6% |
| Tax-exempt reserves | 132 | €189,906 | €180,115 | -€9,792 | -5.2% |
| Distributable reserves | 133 | €90,793 | €102,193 | +€11,400 | +12.6% |
| Provisions and deferred taxes | 16 | €83,167 | €79,903 | -€3,264 | -3.9% |
| Deferred taxes | 168 | €83,167 | €79,903 | -€3,264 | -3.9% |
| Amounts payable | 17/49 | €262,565 | €233,234 | -€29,330 | -11.2% |
| Amounts payable after more than one year | 17 | €217,840 | €192,489 | -€25,352 | -11.6% |
| Financial debts | 170/4 | €217,840 | €192,489 | -€25,352 | -11.6% |
| Amounts payable within one year | 42/48 | €44,724 | €40,746 | -€3,979 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €24,981 | €25,352 | +€371 | +1.5% |
| Trade debts | 44 | - | €6,865 | +€6,865 | |
| Suppliers | 440/4 | - | €6,865 | +€6,865 | |
| Taxes, remuneration and social security | 45 | €6,865 | €5,650 | -€1,215 | -17.7% |
| Taxes | 450/3 | €6,865 | €5,650 | -€1,215 | -17.7% |
| Other amounts payable | 47/48 | €12,879 | €2,879 | -€10,000 | -77.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,494 | €19,073 | -€421 | -2.2% |
| Other operating charges | 640/8 | €4,004 | €4,106 | +€102 | +2.5% |
| Gross operating margin | 9900 | €30,443 | €30,731 | +€289 | +0.9% |
| Operating profit (loss) | 9901 | €6,944 | €7,552 | +€608 | +8.8% |
| Financial income | 75/76B | €5,060 | €289 | -€4,771 | -94.3% |
| Recurring financial income | 75 | €5,060 | €289 | -€4,771 | -94.3% |
| Financial charges | 65/66B | €4,931 | €3,846 | -€1,085 | -22.0% |
| Recurring financial charges | 65 | €4,931 | €3,846 | -€1,085 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €7,073 | €3,995 | -€3,079 | -43.5% |
| Transfer from deferred taxes | 780 | €3,264 | €13,055 | +€9,792 | +300.0% |
| Income taxes | 67/77 | €6,237 | €5,650 | -€587 | -9.4% |
| Profit (loss) for the period | 9904 | €4,100 | €11,400 | +€7,300 | +178.1% |
| Transfer from tax-exempt reserves | 789 | €9,792 | - | -€9,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,891 | €11,400 | -€2,491 | -17.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.