STRUYFS: 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.
STRUYFS
Largest movements
- Receivables within one year -€9,721
down €9,721 (-53.0%), from €18,359 to €8,638
of which Trade receivables: -€9,738
- Stocks and contracts +€9,302
up €9,302 (+23.7%), from €39,176 to €48,478
of which Contracts in progress: +€13,000
- Cash -€2,975
down €2,975 (-26.6%), from €11,188 to €8,213
mainly Stocks and contracts (-€9,302) and Other debts (-€1,718)
- Deferred charges and accrued income +€1,112
up €1,112 (+228.1%), from €487 to €1,599
- Other debts -€1,718
down €1,718 (-2.3%), from €75,339 to €73,621
- Trade debts -€1,344
down €1,344 (-28.5%), from €4,711 to €3,367
- Gross operating margin +€1,062
up €1,062 (+32.7%), from €3,251 to €4,313
- Financial charges +€955
up €955 (+238.2%), from €401 to €1,356
- Financial income -€382
down €382 (-94.2%), from €405 to €24
- Other operating charges +€378
up €378 (+30.7%), from €1,230 to €1,607
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 | €81,605 | €79,322 | -€2,283 | -2.8% |
| Fixed assets | 21/28 | €12,395 | €12,395 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,395 | €12,395 | = | 0.0% |
| Land and buildings | 22 | €12,395 | €12,395 | = | 0.0% |
| Current assets | 29/58 | €69,210 | €66,927 | -€2,283 | -3.3% |
| Stocks and contracts in progress | 3 | €39,176 | €48,478 | +€9,302 | +23.7% |
| Stocks | 30/36 | €28,008 | €24,311 | -€3,698 | -13.2% |
| Contracts in progress | 37 | €11,167 | €24,167 | +€13,000 | +116.4% |
| Amounts receivable within one year | 40/41 | €18,359 | €8,638 | -€9,721 | -53.0% |
| Trade receivables | 40 | €18,359 | €8,621 | -€9,738 | -53.0% |
| Other amounts receivable | 41 | - | €16 | +€16 | |
| Cash at bank and in hand | 54/58 | €11,188 | €8,213 | -€2,975 | -26.6% |
| Deferred charges and accrued income | 490/1 | €487 | €1,599 | +€1,112 | +228.1% |
| Total equity and liabilities | 10/49 | €81,605 | €79,322 | -€2,283 | -2.8% |
| Equity | 10/15 | €0 | €402 | +€402 | |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €0 | €402 | +€402 | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | - | €402 | +€402 | |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €81,605 | €78,919 | -€2,685 | -3.3% |
| Amounts payable within one year | 42/48 | €81,605 | €78,919 | -€2,685 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €4,711 | €3,367 | -€1,344 | -28.5% |
| Suppliers | 440/4 | €4,711 | €3,367 | -€1,344 | -28.5% |
| Taxes, remuneration and social security | 45 | €1,555 | €1,932 | +€377 | +24.3% |
| Taxes | 450/3 | €1,555 | €1,932 | +€377 | +24.3% |
| Other amounts payable | 47/48 | €75,339 | €73,621 | -€1,718 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,230 | €1,607 | +€378 | +30.7% |
| Gross operating margin | 9900 | €3,251 | €4,313 | +€1,062 | +32.7% |
| Operating profit (loss) | 9901 | €2,021 | €2,705 | +€684 | +33.9% |
| Financial income | 75/76B | €405 | €24 | -€382 | -94.2% |
| Recurring financial income | 75 | €405 | €24 | -€382 | -94.2% |
| Financial charges | 65/66B | €401 | €1,356 | +€955 | +238.2% |
| Recurring financial charges | 65 | €401 | €1,356 | +€955 | +238.2% |
| Profit (loss) for the period before taxes | 9903 | €2,025 | €1,372 | -€653 | -32.2% |
| Income taxes | 67/77 | €962 | €970 | +€8 | +0.8% |
| Profit (loss) for the period | 9904 | €1,063 | €402 | -€661 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,063 | €402 | -€661 | -62.2% |
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.