YVES STRYPSTEIN: 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.
YVES STRYPSTEIN
Largest movements
- Receivables within one year -€42,306
down €42,306 (-28.2%), from €149,962 to €107,656
of which Trade receivables: -€29,767
- Cash +€3,729
up €3,729 (+6.3%), from €59,313 to €63,042
mainly Receivables within one year (+€42,306) and Depreciation (+€934)
- Profit (loss) carried forward -€27,695
down €27,695 (-15.9%), from €174,172 to €146,477
- Tax, wage and social debts -€4,920
down €4,920 (-76.6%), from €6,420 to €1,500
of which Remuneration and social security: -€4,219
- Trade debts -€4,766
down €4,766 (-47.9%), from €9,941 to €5,175
- Turnover -€119,208
down €119,208 (-64.7%), from €184,216 to €65,008
- Gross operating margin -€97,003
down €97,003, from €70,447 to -€26,556
- Purchases and services -€22,205
down €22,205 (-19.5%), from €113,769 to €91,565
- Staff costs -€16,518
down €16,518, from €16,362 to -€155
- Taxes -€11,250
down €11,250 (-97.8%), from €11,500 to €250
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 | €214,357 | €174,846 | -€39,510 | -18.4% |
| Fixed assets | 21/28 | €5,082 | €4,149 | -€934 | -18.4% |
| Tangible fixed assets | 22/27 | €2,371 | €1,437 | -€934 | -39.4% |
| Furniture and vehicles | 24 | €2,371 | €1,437 | -€934 | -39.4% |
| Financial fixed assets | 28 | €2,711 | €2,711 | = | 0.0% |
| Current assets | 29/58 | €209,274 | €170,698 | -€38,577 | -18.4% |
| Amounts receivable within one year | 40/41 | €149,962 | €107,656 | -€42,306 | -28.2% |
| Trade receivables | 40 | €114,718 | €84,951 | -€29,767 | -25.9% |
| Other amounts receivable | 41 | €35,244 | €22,705 | -€12,539 | -35.6% |
| Cash at bank and in hand | 54/58 | €59,313 | €63,042 | +€3,729 | +6.3% |
| Total equity and liabilities | 10/49 | €214,357 | €174,846 | -€39,510 | -18.4% |
| Equity | 10/15 | €194,632 | €166,937 | -€27,695 | -14.2% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,172 | €146,477 | -€27,695 | -15.9% |
| Amounts payable | 17/49 | €19,725 | €7,910 | -€11,815 | -59.9% |
| Amounts payable within one year | 42/48 | €19,725 | €7,910 | -€11,815 | -59.9% |
| Financial debts | 43 | €3,364 | €1,235 | -€2,130 | -63.3% |
| Credit institutions | 430/8 | €3,364 | €1,235 | -€2,130 | -63.3% |
| Trade debts | 44 | €9,941 | €5,175 | -€4,766 | -47.9% |
| Suppliers | 440/4 | €9,941 | €5,175 | -€4,766 | -47.9% |
| Taxes, remuneration and social security | 45 | €6,420 | €1,500 | -€4,920 | -76.6% |
| Taxes | 450/3 | €2,201 | €1,500 | -€701 | -31.8% |
| Remuneration and social security | 454/9 | €4,219 | - | -€4,219 | |
| Turnover | 70 | €184,216 | €65,008 | -€119,208 | -64.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €113,769 | €91,565 | -€22,205 | -19.5% |
| Remuneration, social security and pensions | 62 | €16,362 | -€155 | -€16,518 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,285 | €934 | -€351 | -27.3% |
| Other operating charges | 640/8 | €605 | €661 | +€56 | +9.3% |
| Gross operating margin | 9900 | €70,447 | -€26,556 | -€97,003 | |
| Operating profit (loss) | 9901 | €52,194 | -€27,996 | -€80,190 | |
| Financial income | 75/76B | €9 | €1,078 | +€1,069 | +11,886% |
| Recurring financial income | 75 | €9 | €1,078 | +€1,069 | +11,886% |
| Financial charges | 65/66B | €696 | €527 | -€169 | -24.3% |
| Recurring financial charges | 65 | €696 | €527 | -€169 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €51,507 | -€27,446 | -€78,952 | |
| Income taxes | 67/77 | €11,500 | €250 | -€11,250 | -97.8% |
| Profit (loss) for the period | 9904 | €40,007 | -€27,695 | -€67,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,007 | -€27,695 | -€67,702 |
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 21 October 2026 via checked.be.