Strukt-Estate: 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.
Strukt-Estate
Largest movements
- Tangible fixed assets -€19,657
down €19,657 (-7.8%), from €252,305 to €232,648
- Cash +€18,065
up €18,065 (+138%), from €13,133 to €31,198
mainly Depreciation (+€19,657) and Receivables within one year (+€10,962)
- Receivables within one year -€10,962
down €10,962 (-76.6%), from €14,318 to €3,356
of which Trade receivables: -€10,613
- Reserves -€8,000
down €8,000 (-4.0%), from €200,000 to €192,000
- Profit (loss) carried forward -€4,141
down €4,141 (-87.9%), from €4,712 to €571
- Gross operating margin +€5,129
up €5,129 (+17.8%), from €28,867 to €33,996
- Taxes +€1,385
up €1,385 (+64.4%), from €2,151 to €3,536
- Other operating charges -€443
down €443 (-76.0%), from €582 to €140
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 | €279,756 | €267,202 | -€12,554 | -4.5% |
| Fixed assets | 21/28 | €252,305 | €232,648 | -€19,657 | -7.8% |
| Tangible fixed assets | 22/27 | €252,305 | €232,648 | -€19,657 | -7.8% |
| Land and buildings | 22 | €252,305 | €232,648 | -€19,657 | -7.8% |
| Current assets | 29/58 | €27,451 | €34,554 | +€7,103 | +25.9% |
| Amounts receivable within one year | 40/41 | €14,318 | €3,356 | -€10,962 | -76.6% |
| Trade receivables | 40 | €13,970 | €3,356 | -€10,613 | -76.0% |
| Other amounts receivable | 41 | €349 | €0 | -€349 | -100% |
| Cash at bank and in hand | 54/58 | €13,133 | €31,198 | +€18,065 | +138% |
| Total equity and liabilities | 10/49 | €279,756 | €267,202 | -€12,554 | -4.5% |
| Equity | 10/15 | €255,665 | €243,525 | -€12,141 | -4.7% |
| Contributions | 10/11 | €50,953 | €50,953 | = | 0.0% |
| Reserves | 13 | €200,000 | €192,000 | -€8,000 | -4.0% |
| Distributable reserves | 133 | €200,000 | €192,000 | -€8,000 | -4.0% |
| Profit (loss) carried forward | 14 | €4,712 | €571 | -€4,141 | -87.9% |
| Amounts payable | 17/49 | €24,091 | €23,678 | -€413 | -1.7% |
| Amounts payable within one year | 42/48 | €24,091 | €23,678 | -€413 | -1.7% |
| Trade debts | 44 | €796 | €177 | -€618 | -77.7% |
| Suppliers | 440/4 | €796 | €177 | -€618 | -77.7% |
| Taxes, remuneration and social security | 45 | €545 | €750 | +€205 | +37.6% |
| Taxes | 450/3 | €545 | €750 | +€205 | +37.6% |
| Other amounts payable | 47/48 | €22,750 | €22,750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,657 | €19,657 | = | 0.0% |
| Other operating charges | 640/8 | €582 | €140 | -€443 | -76.0% |
| Gross operating margin | 9900 | €28,867 | €33,996 | +€5,129 | +17.8% |
| Operating profit (loss) | 9901 | €8,627 | €14,200 | +€5,572 | +64.6% |
| Financial charges | 65/66B | €22 | €54 | +€31 | +140% |
| Recurring financial charges | 65 | €22 | €54 | +€31 | +140% |
| Profit (loss) for the period before taxes | 9903 | €8,605 | €14,146 | +€5,541 | +64.4% |
| Income taxes | 67/77 | €2,151 | €3,536 | +€1,385 | +64.4% |
| Profit (loss) for the period | 9904 | €6,454 | €10,609 | +€4,156 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,454 | €10,609 | +€4,156 | +64.4% |
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 15 October 2026 via checked.be.