BY STROFILIA: 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.
BY STROFILIA
Largest movements
- Tangible fixed assets +€61,895
up €61,895 (+96.1%), from €64,396 to €126,291
of which Other tangible fixed assets: +€44,389
- Cash -€4,795
down €4,795 (-8.4%), from €56,905 to €52,109
mainly Investment in fixed assets (net) (-€81,770) and Receivables within one year (-€3,803)
- Receivables within one year +€3,803
up €3,803 (+25.8%), from €14,716 to €18,519
of which Trade receivables: +€7,135
- Stocks and contracts +€2,336
new in 2025: €2,336
- Other debts +€21,062
up €21,062 (+18.6%), from €113,450 to €134,512
- Tax, wage and social debts +€19,324
up €19,324 (+1,175%), from €1,645 to €20,969
of which Remuneration and social security: +€17,961
- Trade debts +€10,225
new in 2025: €10,225
- Debts after one year +€9,676
up €9,676 (+13.8%), from €70,009 to €79,685
- Current portion of long-term debt +€6,172
up €6,172 (+61.8%), from €9,991 to €16,163
- Gross operating margin +€177,766
up €177,766, from -€24,548 to €153,218
- Staff costs +€116,292
up €116,292 (+1,105%), from €10,526 to €126,818
- Other operating charges -€44,525
down €44,525 (-98.6%), from €45,168 to €643
- Depreciation +€16,130
up €16,130 (+399%), from €4,044 to €20,173
- Financial charges +€3,430
up €3,430 (+61.3%), from €5,598 to €9,028
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 | €138,489 | €201,630 | +€63,141 | +45.6% |
| Fixed assets | 21/28 | €66,868 | €128,465 | +€61,597 | +92.1% |
| Intangible fixed assets | 21 | €2,322 | €2,024 | -€298 | -12.8% |
| Tangible fixed assets | 22/27 | €64,396 | €126,291 | +€61,895 | +96.1% |
| Plant, machinery and equipment | 23 | €17,848 | €27,450 | +€9,602 | +53.8% |
| Furniture and vehicles | 24 | €430 | €8,334 | +€7,904 | +1,840% |
| Other tangible fixed assets | 26 | €46,118 | €90,507 | +€44,389 | +96.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €71,621 | €73,165 | +€1,544 | +2.2% |
| Stocks and contracts in progress | 3 | - | €2,336 | +€2,336 | |
| Stocks | 30/36 | - | €2,336 | +€2,336 | |
| Amounts receivable within one year | 40/41 | €14,716 | €18,519 | +€3,803 | +25.8% |
| Trade receivables | 40 | €11,384 | €18,519 | +€7,135 | +62.7% |
| Other amounts receivable | 41 | €3,331 | €0 | -€3,331 | -100% |
| Cash at bank and in hand | 54/58 | €56,905 | €52,109 | -€4,795 | -8.4% |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €138,489 | €201,630 | +€63,141 | +45.6% |
| Equity | 10/15 | -€56,606 | -€59,924 | -€3,318 | -5.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €22,500 | €22,500 | = | 0.0% |
| Distributable reserves | 133 | €22,500 | €22,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,106 | -€102,424 | -€3,318 | -3.3% |
| Amounts payable | 17/49 | €195,095 | €261,554 | +€66,459 | +34.1% |
| Amounts payable after more than one year | 17 | €70,009 | €79,685 | +€9,676 | +13.8% |
| Financial debts | 170/4 | €70,009 | €79,685 | +€9,676 | +13.8% |
| Amounts payable within one year | 42/48 | €125,086 | €181,869 | +€56,783 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | €9,991 | €16,163 | +€6,172 | +61.8% |
| Trade debts | 44 | - | €10,225 | +€10,225 | |
| Suppliers | 440/4 | - | €10,225 | +€10,225 | |
| Taxes, remuneration and social security | 45 | €1,645 | €20,969 | +€19,324 | +1,175% |
| Taxes | 450/3 | €681 | €2,044 | +€1,363 | +200% |
| Remuneration and social security | 454/9 | €964 | €18,925 | +€17,961 | +1,863% |
| Other amounts payable | 47/48 | €113,450 | €134,512 | +€21,062 | +18.6% |
| Remuneration, social security and pensions | 62 | €10,526 | €126,818 | +€116,292 | +1,105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,044 | €20,173 | +€16,130 | +399% |
| Other operating charges | 640/8 | €45,168 | €643 | -€44,525 | -98.6% |
| Gross operating margin | 9900 | -€24,548 | €153,218 | +€177,766 | |
| Operating profit (loss) | 9901 | -€84,286 | €5,584 | +€89,869 | |
| Financial income | 75/76B | €107 | €126 | +€19 | +17.9% |
| Recurring financial income | 75 | €107 | €126 | +€19 | +17.9% |
| Financial charges | 65/66B | €5,598 | €9,028 | +€3,430 | +61.3% |
| Recurring financial charges | 65 | €5,598 | €9,028 | +€3,430 | +61.3% |
| Profit (loss) for the period before taxes | 9903 | -€89,776 | -€3,318 | +€86,458 | +96.3% |
| Profit (loss) for the period | 9904 | -€89,776 | -€3,318 | +€86,458 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€89,776 | -€3,318 | +€86,458 | +96.3% |
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 18 October 2026 via checked.be.