STROBBE INVEST: 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 INVEST
Largest movements
- Tangible fixed assets +€444,632
up €444,632 (+20.8%), from €2.1m to €2.6m
of which Land and buildings: +€402,632
- Receivables within one year +€36,153
new in 2025: €36,153
- Other debts +€380,000
up €380,000 (+77.9%), from €487,685 to €867,685
- Reserves +€84,296
up €84,296 (+13.9%), from €607,916 to €692,212
of which Distributable reserves: +€84,296
- Debts after one year +€47,143
up €47,143 (+8.3%), from €566,189 to €613,332
- Current portion of long-term debt -€29,405
down €29,405 (-7.7%), from €382,262 to €352,857
- Financial income -€182,382
down €182,382 (-98.5%), from €185,084 to €2,702
of which Non-recurring financial income: -€185,001
- Gross operating margin +€38,148
up €38,148 (+11.1%), from €343,126 to €381,274
- Depreciation +€36,304
up €36,304 (+27.9%), from €129,896 to €166,200
- Taxes +€4,770
up €4,770 (+12.7%), from €37,414 to €42,184
- Financial charges -€4,334
down €4,334 (-6.4%), from €67,372 to €63,039
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 | €2,165,458 | €2,650,082 | +€484,624 | +22.4% |
| Fixed assets | 21/28 | €2,137,769 | €2,583,021 | +€445,252 | +20.8% |
| Tangible fixed assets | 22/27 | €2,137,769 | €2,582,401 | +€444,632 | +20.8% |
| Land and buildings | 22 | €2,137,769 | €2,540,401 | +€402,632 | +18.8% |
| Assets under construction and advance payments | 27 | - | €42,000 | +€42,000 | |
| Financial fixed assets | 28 | - | €620 | +€620 | |
| Current assets | 29/58 | €27,689 | €67,061 | +€39,372 | +142% |
| Amounts receivable within one year | 40/41 | - | €36,153 | +€36,153 | |
| Other amounts receivable | 41 | - | €36,153 | +€36,153 | |
| Cash at bank and in hand | 54/58 | €3,598 | €24,204 | +€20,607 | +573% |
| Deferred charges and accrued income | 490/1 | €24,092 | €6,703 | -€17,388 | -72.2% |
| Total equity and liabilities | 10/49 | €2,165,458 | €2,650,082 | +€484,624 | +22.4% |
| Equity | 10/15 | €611,094 | €695,391 | +€84,296 | +13.8% |
| Contributions | 10/11 | €3,179 | €3,179 | = | 0.0% |
| Reserves | 13 | €607,916 | €692,212 | +€84,296 | +13.9% |
| Tax-exempt reserves | 132 | €141,271 | €141,271 | = | 0.0% |
| Distributable reserves | 133 | €466,644 | €550,941 | +€84,296 | +18.1% |
| Provisions and deferred taxes | 16 | €46,250 | €46,250 | = | 0.0% |
| Deferred taxes | 168 | €46,250 | €46,250 | = | 0.0% |
| Amounts payable | 17/49 | €1,508,114 | €1,908,441 | +€400,327 | +26.5% |
| Amounts payable after more than one year | 17 | €566,189 | €613,332 | +€47,143 | +8.3% |
| Financial debts | 170/4 | €566,189 | €613,332 | +€47,143 | +8.3% |
| Amounts payable within one year | 42/48 | €918,801 | €1,262,727 | +€343,926 | +37.4% |
| Current portion of amounts payable after more than one year | 42 | €382,262 | €352,857 | -€29,405 | -7.7% |
| Trade debts | 44 | €11,439 | €0 | -€11,439 | -100% |
| Suppliers | 440/4 | €11,439 | €0 | -€11,439 | -100% |
| Taxes, remuneration and social security | 45 | €37,414 | €42,184 | +€4,770 | +12.7% |
| Taxes | 450/3 | €37,414 | €42,184 | +€4,770 | +12.7% |
| Other amounts payable | 47/48 | €487,685 | €867,685 | +€380,000 | +77.9% |
| Accrued charges and deferred income | 492/3 | €23,123 | €32,382 | +€9,259 | +40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,896 | €166,200 | +€36,304 | +27.9% |
| Other operating charges | 640/8 | €28,353 | €28,258 | -€96 | -0.3% |
| Gross operating margin | 9900 | €343,126 | €381,274 | +€38,148 | +11.1% |
| Operating profit (loss) | 9901 | €184,877 | €186,817 | +€1,940 | +1.0% |
| Financial income | 75/76B | €185,084 | €2,702 | -€182,382 | -98.5% |
| Recurring financial income | 75 | €82 | €2,702 | +€2,620 | +3,177% |
| Non-recurring financial income | 76B | €185,001 | €0 | -€185,001 | -100% |
| Financial charges | 65/66B | €67,372 | €63,039 | -€4,334 | -6.4% |
| Recurring financial charges | 65 | €67,372 | €63,039 | -€4,334 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €302,589 | €126,481 | -€176,108 | -58.2% |
| Transfer to deferred taxes | 680 | €46,250 | €0 | -€46,250 | -100% |
| Income taxes | 67/77 | €37,414 | €42,184 | +€4,770 | +12.7% |
| Profit (loss) for the period | 9904 | €218,924 | €84,296 | -€134,628 | -61.5% |
| Transfer to tax-exempt reserves | 689 | €138,751 | €0 | -€138,751 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €80,173 | €84,296 | +€4,123 | +5.1% |
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 29 October 2026 via checked.be.