STRUCTOMAR: 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.
STRUCTOMAR
Largest movements
- Receivables after one year +€284,894
new in 2025: €284,894
- Receivables within one year -€271,561
down €271,561 (-85.6%), from €317,301 to €45,740
of which Trade receivables: -€175,281
- Tangible fixed assets -€6,318
down €6,318 (-52.2%), from €12,102 to €5,784
- Profit (loss) carried forward +€48,842
up €48,842 (+50.0%), from €97,621 to €146,462
- Tax, wage and social debts -€45,287
down €45,287 (-48.6%), from €93,129 to €47,841
of which Taxes: -€47,158
- Gross operating margin -€31,499
down €31,499 (-20.9%), from €150,387 to €118,888
- Write-downs +€30,400
new in 2025: €30,400
- Taxes -€14,399
down €14,399 (-50.4%), from €28,579 to €14,180
- Staff costs +€7,240
up €7,240 (+40.9%), from €17,714 to €24,953
- Financial income +€6,474
up €6,474 (+802.7%), from €807 to €7,281
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 | €340,083 | €343,775 | +€3,692 | +1.1% |
| Fixed assets | 21/28 | €12,102 | €5,784 | -€6,318 | -52.2% |
| Tangible fixed assets | 22/27 | €12,102 | €5,784 | -€6,318 | -52.2% |
| Furniture and vehicles | 24 | €12,102 | €5,784 | -€6,318 | -52.2% |
| Current assets | 29/58 | €327,981 | €337,991 | +€10,010 | +3.1% |
| Amounts receivable after more than one year | 29 | - | €284,894 | +€284,894 | |
| Other amounts receivable | 291 | - | €284,894 | +€284,894 | |
| Amounts receivable within one year | 40/41 | €317,301 | €45,740 | -€271,561 | -85.6% |
| Trade receivables | 40 | €191,743 | €16,462 | -€175,281 | -91.4% |
| Other amounts receivable | 41 | €125,558 | €29,278 | -€96,280 | -76.7% |
| Cash at bank and in hand | 54/58 | €10,372 | €7,357 | -€3,015 | -29.1% |
| Deferred charges and accrued income | 490/1 | €308 | - | -€308 | |
| Total equity and liabilities | 10/49 | €340,083 | €343,775 | +€3,692 | +1.1% |
| Equity | 10/15 | €244,645 | €293,487 | +€48,842 | +20.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €145,025 | €145,025 | = | 0.0% |
| Distributable reserves | 133 | €145,025 | €145,025 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,621 | €146,462 | +€48,842 | +50.0% |
| Amounts payable | 17/49 | €95,437 | €50,288 | -€45,149 | -47.3% |
| Amounts payable within one year | 42/48 | €94,625 | €50,288 | -€44,337 | -46.9% |
| Trade debts | 44 | €1,496 | €2,447 | +€950 | +63.5% |
| Suppliers | 440/4 | €1,496 | €2,447 | +€950 | +63.5% |
| Taxes, remuneration and social security | 45 | €93,129 | €47,841 | -€45,287 | -48.6% |
| Taxes | 450/3 | €91,331 | €44,173 | -€47,158 | -51.6% |
| Remuneration and social security | 454/9 | €1,797 | €3,668 | +€1,871 | +104.1% |
| Accrued charges and deferred income | 492/3 | €812 | - | -€812 | |
| Remuneration, social security and pensions | 62 | €17,714 | €24,953 | +€7,240 | +40.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,710 | €6,318 | +€607 | +10.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,400 | +€30,400 | |
| Other operating charges | 640/8 | €1,569 | €1,117 | -€452 | -28.8% |
| Gross operating margin | 9900 | €150,387 | €118,888 | -€31,499 | -20.9% |
| Operating profit (loss) | 9901 | €125,394 | €56,100 | -€69,294 | -55.3% |
| Financial income | 75/76B | €807 | €7,281 | +€6,474 | +802.7% |
| Recurring financial income | 75 | €807 | €7,281 | +€6,474 | +802.7% |
| Financial charges | 65/66B | €1 | €359 | +€359 | +57875.8% |
| Recurring financial charges | 65 | €1 | €359 | +€359 | +57875.8% |
| Profit (loss) for the period before taxes | 9903 | €126,200 | €63,021 | -€63,179 | -50.1% |
| Income taxes | 67/77 | €28,579 | €14,180 | -€14,399 | -50.4% |
| Profit (loss) for the period | 9904 | €97,621 | €48,842 | -€48,779 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,621 | €48,842 | -€48,779 | -50.0% |
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.