STREEL PHILIPPE: 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.
STREEL PHILIPPE
Largest movements
- Tangible fixed assets +€66,808
up €66,808 (+3,066%), from €2,179 to €68,987
of which Furniture and vehicles: +€67,012
- Receivables within one year +€18,227
up €18,227 (+40.0%), from €45,573 to €63,800
- Cash +€14,232
up €14,232 (+107%), from €13,338 to €27,570
mainly Debts after one year (+€42,934) and Net result for the year (+€41,854)
- Debts after one year +€42,934
new in 2025: €42,934
- Profit (loss) carried forward +€41,854
up €41,854 (+74.7%), from €56,030 to €97,884
- Current portion of long-term debt +€11,462
new in 2025: €11,462
- Tax, wage and social debts +€5,833
up €5,833 (+408%), from €1,429 to €7,262
- Trade debts -€1,644
down €1,644 (-72.5%), from €2,268 to €624
- Depreciation +€9,125
up €9,125 (+5,113%), from €178 to €9,303
- Gross operating margin -€8,926
down €8,926 (-12.5%), from €71,656 to €62,730
- Taxes -€3,073
down €3,073 (-21.9%), from €14,007 to €10,934
- Financial charges +€1,145
new in 2025: €1,145
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 | €61,727 | €162,166 | +€100,440 | +163% |
| Fixed assets | 21/28 | €2,344 | €69,151 | +€66,808 | +2,851% |
| Tangible fixed assets | 22/27 | €2,179 | €68,987 | +€66,808 | +3,066% |
| Furniture and vehicles | 24 | €1,277 | €68,289 | +€67,012 | +5,247% |
| Other tangible fixed assets | 26 | €902 | €698 | -€204 | -22.7% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €59,383 | €93,015 | +€33,632 | +56.6% |
| Amounts receivable within one year | 40/41 | €45,573 | €63,800 | +€18,227 | +40.0% |
| Other amounts receivable | 41 | €45,573 | €63,800 | +€18,227 | +40.0% |
| Cash at bank and in hand | 54/58 | €13,338 | €27,570 | +€14,232 | +107% |
| Deferred charges and accrued income | 490/1 | €473 | €1,645 | +€1,173 | +248% |
| Total equity and liabilities | 10/49 | €61,727 | €162,166 | +€100,440 | +163% |
| Equity | 10/15 | €58,030 | €99,884 | +€41,854 | +72.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,030 | €97,884 | +€41,854 | +74.7% |
| Amounts payable | 17/49 | €3,697 | €62,282 | +€58,585 | +1,585% |
| Amounts payable after more than one year | 17 | - | €42,934 | +€42,934 | |
| Financial debts | 170/4 | - | €42,934 | +€42,934 | |
| Amounts payable within one year | 42/48 | €3,697 | €19,348 | +€15,651 | +423% |
| Current portion of amounts payable after more than one year | 42 | - | €11,462 | +€11,462 | |
| Trade debts | 44 | €2,268 | €624 | -€1,644 | -72.5% |
| Suppliers | 440/4 | €2,268 | €624 | -€1,644 | -72.5% |
| Taxes, remuneration and social security | 45 | €1,429 | €7,262 | +€5,833 | +408% |
| Taxes | 450/3 | €1,429 | €7,262 | +€5,833 | +408% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178 | €9,303 | +€9,125 | +5,113% |
| Other operating charges | 640/8 | €798 | €520 | -€278 | -34.9% |
| Gross operating margin | 9900 | €71,656 | €62,730 | -€8,926 | -12.5% |
| Operating profit (loss) | 9901 | €70,679 | €52,907 | -€17,772 | -25.1% |
| Financial income | 75/76B | €413 | €1,027 | +€615 | +149% |
| Recurring financial income | 75 | €413 | €1,027 | +€615 | +149% |
| Financial charges | 65/66B | - | €1,145 | +€1,145 | |
| Recurring financial charges | 65 | - | €1,145 | +€1,145 | |
| Profit (loss) for the period before taxes | 9903 | €71,091 | €52,789 | -€18,303 | -25.7% |
| Income taxes | 67/77 | €14,007 | €10,934 | -€3,073 | -21.9% |
| Profit (loss) for the period | 9904 | €57,084 | €41,854 | -€15,229 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €57,084 | €41,854 | -€15,229 | -26.7% |
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 13 October 2026 via checked.be.