Strubbe Ruben: 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.
Strubbe Ruben
Largest movements
- Receivables within one year +€16,210
up €16,210 (+96.7%), from €16,757 to €32,967
of which Other amounts receivable: +€18,191
- Stocks and contracts -€9,955
down €9,955 (-100%), from €9,955 to €0
- Tangible fixed assets -€8,203
down €8,203 (-71.4%), from €11,482 to €3,279
of which Furniture and vehicles: -€6,947
- Cash +€3,257
up €3,257 (+34.8%), from €9,353 to €12,609
mainly Stocks and contracts (+€9,955) and Investment in fixed assets (net) (+€6,018)
- Profit (loss) carried forward +€538
up €538 (+1.8%), from -€30,242 to -€29,704
- Gross operating margin +€28,797
up €28,797, from -€20,954 to €7,843
- Depreciation -€2,652
down €2,652 (-54.8%), from €4,836 to €2,185
- Financial charges -€227
down €227 (-33.4%), from €680 to €453
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,720 | €49,029 | +€1,309 | +2.7% |
| Fixed assets | 21/28 | €11,482 | €3,279 | -€8,203 | -71.4% |
| Tangible fixed assets | 22/27 | €11,482 | €3,279 | -€8,203 | -71.4% |
| Plant, machinery and equipment | 23 | €3,226 | €1,970 | -€1,256 | -38.9% |
| Furniture and vehicles | 24 | €8,256 | €1,309 | -€6,947 | -84.1% |
| Current assets | 29/58 | €36,239 | €45,750 | +€9,511 | +26.2% |
| Stocks and contracts in progress | 3 | €9,955 | €0 | -€9,955 | -100% |
| Stocks | 30/36 | €9,955 | €0 | -€9,955 | -100% |
| Amounts receivable within one year | 40/41 | €16,757 | €32,967 | +€16,210 | +96.7% |
| Trade receivables | 40 | €13,286 | €11,305 | -€1,981 | -14.9% |
| Other amounts receivable | 41 | €3,471 | €21,662 | +€18,191 | +524% |
| Cash at bank and in hand | 54/58 | €9,353 | €12,609 | +€3,257 | +34.8% |
| Deferred charges and accrued income | 490/1 | €174 | €174 | = | 0.0% |
| Total equity and liabilities | 10/49 | €47,720 | €49,029 | +€1,309 | +2.7% |
| Equity | 10/15 | €43,939 | €44,477 | +€538 | +1.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,181 | €69,181 | = | 0.0% |
| Distributable reserves | 133 | €69,181 | €69,181 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,242 | -€29,704 | +€538 | +1.8% |
| Amounts payable | 17/49 | €3,781 | €4,552 | +€771 | +20.4% |
| Amounts payable within one year | 42/48 | €3,781 | €4,552 | +€771 | +20.4% |
| Trade debts | 44 | €1,281 | €1,606 | +€325 | +25.3% |
| Suppliers | 440/4 | €1,281 | €1,606 | +€325 | +25.3% |
| Taxes, remuneration and social security | 45 | €2,500 | €2,946 | +€446 | +17.8% |
| Taxes | 450/3 | €2,500 | €2,946 | +€446 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,836 | €2,185 | -€2,652 | -54.8% |
| Other operating charges | 640/8 | €708 | €649 | -€59 | -8.3% |
| Non-recurring operating charges | 66A | - | €4,018 | +€4,018 | |
| Gross operating margin | 9900 | -€20,954 | €7,843 | +€28,797 | |
| Operating profit (loss) | 9901 | -€26,498 | €991 | +€27,489 | |
| Financial income | 75/76B | €7 | €0 | -€7 | -99.7% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -99.7% |
| Financial charges | 65/66B | €680 | €453 | -€227 | -33.4% |
| Recurring financial charges | 65 | €680 | €453 | -€227 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€27,172 | €538 | +€27,710 | |
| Profit (loss) for the period | 9904 | -€27,172 | €538 | +€27,710 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,172 | €538 | +€27,710 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.