STRUYF: 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.
STRUYF
Largest movements
- Cash -€40,738
down €40,738 (-88.5%), from €46,014 to €5,276
mainly Receivables within one year (-€17,823) and Tax, wage and social debts (-€17,218)
- Receivables within one year +€17,823
up €17,823 (+13.4%), from €133,337 to €151,160
of which Other amounts receivable: +€17,823
- Tax, wage and social debts -€17,218
down €17,218 (-68.3%), from €25,205 to €7,987
- Short-term financial debts -€12,000
no longer reported in 2025 (was €12,000)
- Gross operating margin -€52,534
down €52,534 (-84.4%), from €62,222 to €9,688
- Taxes -€14,971
down €14,971 (-89.0%), from €16,821 to €1,850
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 | €869,108 | €845,844 | -€23,264 | -2.7% |
| Fixed assets | 21/28 | €689,185 | €688,483 | -€702 | -0.1% |
| Tangible fixed assets | 22/27 | €6,886 | €6,184 | -€702 | -10.2% |
| Plant, machinery and equipment | 23 | €6,886 | €6,184 | -€702 | -10.2% |
| Financial fixed assets | 28 | €682,299 | €682,299 | = | 0.0% |
| Current assets | 29/58 | €179,923 | €157,361 | -€22,561 | -12.5% |
| Amounts receivable within one year | 40/41 | €133,337 | €151,160 | +€17,823 | +13.4% |
| Trade receivables | 40 | €60,500 | €60,500 | = | 0.0% |
| Other amounts receivable | 41 | €72,837 | €90,660 | +€17,823 | +24.5% |
| Cash at bank and in hand | 54/58 | €46,014 | €5,276 | -€40,738 | -88.5% |
| Deferred charges and accrued income | 490/1 | €572 | €926 | +€354 | +61.9% |
| Total equity and liabilities | 10/49 | €869,108 | €845,844 | -€23,264 | -2.7% |
| Equity | 10/15 | €627,841 | €632,301 | +€4,460 | +0.7% |
| Contributions | 10/11 | €29,750 | €29,750 | = | 0.0% |
| Reserves | 13 | €598,091 | €602,551 | +€4,460 | +0.7% |
| Distributable reserves | 133 | €598,091 | €602,551 | +€4,460 | +0.7% |
| Amounts payable | 17/49 | €241,267 | €213,543 | -€27,724 | -11.5% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €37,267 | €8,543 | -€28,724 | -77.1% |
| Financial debts | 43 | €12,000 | - | -€12,000 | |
| Credit institutions | 430/8 | €12,000 | - | -€12,000 | |
| Trade debts | 44 | €62 | €556 | +€494 | +795.1% |
| Suppliers | 440/4 | €62 | €556 | +€494 | +795.1% |
| Taxes, remuneration and social security | 45 | €25,205 | €7,987 | -€17,218 | -68.3% |
| Taxes | 450/3 | €25,205 | €7,987 | -€17,218 | -68.3% |
| Accrued charges and deferred income | 492/3 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €134 | €702 | +€568 | +422.8% |
| Other operating charges | 640/8 | €404 | €946 | +€542 | +134.3% |
| Gross operating margin | 9900 | €62,222 | €9,688 | -€52,534 | -84.4% |
| Operating profit (loss) | 9901 | €61,683 | €8,040 | -€53,644 | -87.0% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,636 | €1,729 | +€93 | +5.7% |
| Recurring financial charges | 65 | €1,636 | €1,729 | +€93 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €60,050 | €6,311 | -€53,739 | -89.5% |
| Income taxes | 67/77 | €16,821 | €1,850 | -€14,971 | -89.0% |
| Profit (loss) for the period | 9904 | €43,228 | €4,460 | -€38,768 | -89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,228 | €4,460 | -€38,768 | -89.7% |
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 4 October 2026 via checked.be.