Strobbe Engineering: 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.
Strobbe Engineering
Largest movements
- Cash -€1.2m
down €1.2m (-83.4%), from €1.5m to €242,505
mainly Contributions, distributions and other (-€1.4m) and Investment in fixed assets (net) (-€433,148)
- Tangible fixed assets +€302,970
up €302,970 (+52.7%), from €574,641 to €877,611
of which Plant, machinery and equipment: +€346,510
- Stocks and contracts +€85,509
up €85,509 (+68.6%), from €124,626 to €210,135
- Receivables within one year -€67,367
down €67,367 (-7.4%), from €914,019 to €846,653
of which Trade receivables: -€101,076
- Profit (loss) carried forward -€941,313
down €941,313 (-37.4%), from €2.5m to €1.6m
- Trade debts +€119,262
up €119,262 (+47.3%), from €252,131 to €371,393
- Other debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts -€77,830
down €77,830 (-52.3%), from €148,893 to €71,063
of which Taxes: -€85,024
- Current portion of long-term debt -€33,040
down €33,040 (-68.0%), from €48,580 to €15,540
- Gross operating margin -€318,668
down €318,668 (-19.8%), from €1.6m to €1.3m
- Taxes -€101,651
down €101,651 (-42.2%), from €240,610 to €138,960
- Staff costs +€51,280
up €51,280 (+9.5%), from €539,449 to €590,729
- Financial income +€24,062
up €24,062 (+527.1%), from €4,565 to €28,627
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 | €3,089,793 | €2,209,351 | -€880,442 | -28.5% |
| Fixed assets | 21/28 | €580,443 | €890,704 | +€310,260 | +53.5% |
| Intangible fixed assets | 21 | €5,802 | €13,092 | +€7,290 | +125.7% |
| Tangible fixed assets | 22/27 | €574,641 | €877,611 | +€302,970 | +52.7% |
| Land and buildings | 22 | €439,382 | €399,387 | -€39,995 | -9.1% |
| Plant, machinery and equipment | 23 | €125,948 | €472,458 | +€346,510 | +275.1% |
| Furniture and vehicles | 24 | €9,312 | €5,767 | -€3,545 | -38.1% |
| Current assets | 29/58 | €2,509,349 | €1,318,647 | -€1.2m | -47.5% |
| Stocks and contracts in progress | 3 | €124,626 | €210,135 | +€85,509 | +68.6% |
| Stocks | 30/36 | €124,626 | €210,135 | +€85,509 | +68.6% |
| Amounts receivable within one year | 40/41 | €914,019 | €846,653 | -€67,367 | -7.4% |
| Trade receivables | 40 | €914,019 | €812,943 | -€101,076 | -11.1% |
| Other amounts receivable | 41 | - | €33,710 | +€33,710 | |
| Cash at bank and in hand | 54/58 | €1,462,693 | €242,505 | -€1.2m | -83.4% |
| Deferred charges and accrued income | 490/1 | €8,011 | €19,355 | +€11,344 | +141.6% |
| Total equity and liabilities | 10/49 | €3,089,793 | €2,209,351 | -€880,442 | -28.5% |
| Equity | 10/15 | €2,614,420 | €1,649,120 | -€965,299 | -36.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €36,890 | €12,904 | -€23,986 | -65.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,690 | €6,704 | -€23,986 | -78.2% |
| Profit (loss) carried forward | 14 | €2,515,530 | €1,574,217 | -€941,313 | -37.4% |
| Provisions and deferred taxes | 16 | €10,230 | €2,235 | -€7,995 | -78.2% |
| Deferred taxes | 168 | €10,230 | €2,235 | -€7,995 | -78.2% |
| Amounts payable | 17/49 | €465,143 | €557,996 | +€92,853 | +20.0% |
| Amounts payable after more than one year | 17 | €15,540 | €0 | -€15,540 | -100.0% |
| Financial debts | 170/4 | €15,540 | €0 | -€15,540 | -100.0% |
| Amounts payable within one year | 42/48 | €449,603 | €557,996 | +€108,393 | +24.1% |
| Current portion of amounts payable after more than one year | 42 | €48,580 | €15,540 | -€33,040 | -68.0% |
| Trade debts | 44 | €252,131 | €371,393 | +€119,262 | +47.3% |
| Suppliers | 440/4 | €252,131 | €371,393 | +€119,262 | +47.3% |
| Taxes, remuneration and social security | 45 | €148,893 | €71,063 | -€77,830 | -52.3% |
| Taxes | 450/3 | €89,985 | €4,961 | -€85,024 | -94.5% |
| Remuneration and social security | 454/9 | €58,908 | €66,102 | +€7,194 | +12.2% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Remuneration, social security and pensions | 62 | €539,449 | €590,729 | +€51,280 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,635 | €122,888 | +€11,253 | +10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€3,557 | -€3,557 | |
| Other operating charges | 640/8 | €32,608 | €24,055 | -€8,553 | -26.2% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €1,608,245 | €1,289,576 | -€318,668 | -19.8% |
| Operating profit (loss) | 9901 | €924,553 | €555,462 | -€369,092 | -39.9% |
| Financial income | 75/76B | €4,565 | €28,627 | +€24,062 | +527.1% |
| Recurring financial income | 75 | €4,565 | €28,627 | +€24,062 | +527.1% |
| Financial charges | 65/66B | €6,919 | €2,098 | -€4,821 | -69.7% |
| Recurring financial charges | 65 | €6,919 | €2,098 | -€4,821 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €922,199 | €581,990 | -€340,209 | -36.9% |
| Transfer from deferred taxes | 780 | €7,995 | €7,995 | = | 0.0% |
| Income taxes | 67/77 | €240,610 | €138,960 | -€101,651 | -42.2% |
| Profit (loss) for the period | 9904 | €689,584 | €451,026 | -€238,558 | -34.6% |
| Transfer from tax-exempt reserves | 789 | €23,986 | €23,986 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €713,570 | €475,012 | -€238,558 | -33.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.