Struyf W.: 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.
Struyf W.
Largest movements
- Receivables within one year +€5,769
up €5,769 (+11.0%), from €52,311 to €58,081
of which Other amounts receivable: +€19,139
- Receivables after one year -€4,785
down €4,785 (-14.6%), from €32,792 to €28,007
- Tangible fixed assets -€3,764
down €3,764 (-4.6%), from €82,294 to €78,530
of which Land and buildings: -€4,950
- Stocks and contracts +€2,308
up €2,308 (+110%), from €2,103 to €4,411
- Debts after one year -€10,191
down €10,191 (-21.9%), from €46,485 to €36,294
- Trade debts +€7,780
up €7,780 (+35.2%), from €22,077 to €29,856
- Tax, wage and social debts -€1,958
down €1,958 (-79.9%), from €2,449 to €491
- Other debts +€1,744
up €1,744 (+7.7%), from €22,620 to €24,364
- Gross operating margin -€13,479
down €13,479 (-46.0%), from €29,281 to €15,802
- Depreciation -€3,242
down €3,242 (-35.0%), from €9,253 to €6,011
- Taxes -€2,084
down €2,084 (-48.7%), from €4,276 to €2,192
- Other operating charges -€1,809
down €1,809 (-34.1%), from €5,301 to €3,492
- Financial charges +€1,541
up €1,541 (+66.1%), from €2,333 to €3,874
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 | €170,226 | €169,737 | -€489 | -0.3% |
| Fixed assets | 21/28 | €82,294 | €78,530 | -€3,764 | -4.6% |
| Tangible fixed assets | 22/27 | €82,294 | €78,530 | -€3,764 | -4.6% |
| Land and buildings | 22 | €80,248 | €75,298 | -€4,950 | -6.2% |
| Plant, machinery and equipment | 23 | €1,938 | €3,233 | +€1,294 | +66.8% |
| Furniture and vehicles | 24 | €108 | €0 | -€108 | -100% |
| Current assets | 29/58 | €87,931 | €91,206 | +€3,275 | +3.7% |
| Amounts receivable after more than one year | 29 | €32,792 | €28,007 | -€4,785 | -14.6% |
| Other amounts receivable | 291 | €32,792 | €28,007 | -€4,785 | -14.6% |
| Stocks and contracts in progress | 3 | €2,103 | €4,411 | +€2,308 | +110% |
| Stocks | 30/36 | €2,103 | €4,411 | +€2,308 | +110% |
| Amounts receivable within one year | 40/41 | €52,311 | €58,081 | +€5,769 | +11.0% |
| Trade receivables | 40 | €26,019 | €12,650 | -€13,369 | -51.4% |
| Other amounts receivable | 41 | €26,292 | €45,431 | +€19,139 | +72.8% |
| Cash at bank and in hand | 54/58 | €724 | €708 | -€17 | -2.3% |
| Total equity and liabilities | 10/49 | €170,226 | €169,737 | -€489 | -0.3% |
| Equity | 10/15 | €62,997 | €63,427 | +€430 | +0.7% |
| Contributions | 10/11 | €11,651 | €11,651 | = | 0.0% |
| Capital | 10 | €11,651 | - | -€11,651 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Uncalled capital | 101 | €6,941 | - | -€6,941 | |
| Reserves | 13 | €51,346 | €51,776 | +€430 | +0.8% |
| Non-distributable reserves | 130/1 | €1,859 | €0 | -€1,859 | -100% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | - | €0 | = | |
| Distributable reserves | 133 | €49,487 | €51,776 | +€2,289 | +4.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €107,229 | €106,310 | -€919 | -0.9% |
| Amounts payable after more than one year | 17 | €46,485 | €36,294 | -€10,191 | -21.9% |
| Financial debts | 170/4 | €46,485 | €36,294 | -€10,191 | -21.9% |
| Amounts payable within one year | 42/48 | €60,743 | €70,015 | +€9,272 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | €10,002 | €10,191 | +€189 | +1.9% |
| Financial debts | 43 | €3,596 | €5,113 | +€1,517 | +42.2% |
| Credit institutions | 430/8 | €3,596 | €5,113 | +€1,517 | +42.2% |
| Trade debts | 44 | €22,077 | €29,856 | +€7,780 | +35.2% |
| Suppliers | 440/4 | €22,077 | €29,856 | +€7,780 | +35.2% |
| Taxes, remuneration and social security | 45 | €2,449 | €491 | -€1,958 | -79.9% |
| Taxes | 450/3 | €2,449 | €491 | -€1,958 | -79.9% |
| Other amounts payable | 47/48 | €22,620 | €24,364 | +€1,744 | +7.7% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,253 | €6,011 | -€3,242 | -35.0% |
| Other operating charges | 640/8 | €5,301 | €3,492 | -€1,809 | -34.1% |
| Gross operating margin | 9900 | €29,281 | €15,802 | -€13,479 | -46.0% |
| Operating profit (loss) | 9901 | €14,727 | €6,298 | -€8,428 | -57.2% |
| Financial income | 75/76B | €65 | €197 | +€132 | +205% |
| Recurring financial income | 75 | €65 | €197 | +€132 | +205% |
| Financial charges | 65/66B | €2,333 | €3,874 | +€1,541 | +66.1% |
| Recurring financial charges | 65 | €2,333 | €3,874 | +€1,541 | +66.1% |
| Profit (loss) for the period before taxes | 9903 | €12,459 | €2,622 | -€9,837 | -79.0% |
| Income taxes | 67/77 | €4,276 | €2,192 | -€2,084 | -48.7% |
| Profit (loss) for the period | 9904 | €8,183 | €430 | -€7,753 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,183 | €430 | -€7,753 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.