LA STRADA: 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.
LA STRADA
Largest movements
- Tangible fixed assets -€15,009
down €15,009 (-5.3%), from €281,259 to €266,250
of which Land and buildings: -€22,405
- Cash +€8,686
up €8,686 (+41.3%), from €21,052 to €29,738
mainly Depreciation (+€29,315) and Net result for the year (+€22,982)
- Debts after one year -€30,341
down €30,341 (-27.8%), from €109,079 to €78,738
- Reserves +€22,982
up €22,982 (+14.8%), from €155,535 to €178,516
- Gross operating margin +€40,816
up €40,816 (+36.4%), from €112,046 to €152,862
- Staff costs +€20,916
up €20,916 (+31.1%), from €67,197 to €88,112
- Other operating charges +€2,201
up €2,201 (+49.4%), from €4,458 to €6,659
- Taxes +€2,124
up €2,124 (+1217.8%), from €174 to €2,298
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 | €340,407 | €329,242 | -€11,165 | -3.3% |
| Fixed assets | 21/28 | €281,259 | €266,250 | -€15,009 | -5.3% |
| Tangible fixed assets | 22/27 | €281,259 | €266,250 | -€15,009 | -5.3% |
| Land and buildings | 22 | €250,027 | €227,622 | -€22,405 | -9.0% |
| Plant, machinery and equipment | 23 | €29,869 | €34,774 | +€4,905 | +16.4% |
| Furniture and vehicles | 24 | €1,364 | €3,855 | +€2,491 | +182.6% |
| Current assets | 29/58 | €59,148 | €62,992 | +€3,844 | +6.5% |
| Stocks and contracts in progress | 3 | €22,810 | €22,760 | -€50 | -0.2% |
| Stocks | 30/36 | €22,810 | €22,760 | -€50 | -0.2% |
| Amounts receivable within one year | 40/41 | €13,524 | €10,494 | -€3,030 | -22.4% |
| Trade receivables | 40 | €12,479 | €10,305 | -€2,174 | -17.4% |
| Other amounts receivable | 41 | €1,045 | €189 | -€856 | -81.9% |
| Cash at bank and in hand | 54/58 | €21,052 | €29,738 | +€8,686 | +41.3% |
| Deferred charges and accrued income | 490/1 | €1,762 | €0 | -€1,762 | -100.0% |
| Total equity and liabilities | 10/49 | €340,407 | €329,242 | -€11,165 | -3.3% |
| Equity | 10/15 | €174,184 | €197,166 | +€22,982 | +13.2% |
| Contributions | 10/11 | €18,650 | €18,650 | = | 0.0% |
| Reserves | 13 | €155,535 | €178,516 | +€22,982 | +14.8% |
| Distributable reserves | 133 | €155,535 | €178,516 | +€22,982 | +14.8% |
| Amounts payable | 17/49 | €166,223 | €132,076 | -€34,147 | -20.5% |
| Amounts payable after more than one year | 17 | €109,079 | €78,738 | -€30,341 | -27.8% |
| Financial debts | 170/4 | €109,079 | €78,738 | -€30,341 | -27.8% |
| Amounts payable within one year | 42/48 | €57,143 | €53,338 | -€3,806 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | €29,702 | €30,341 | +€639 | +2.2% |
| Trade debts | 44 | €2,935 | €1,575 | -€1,360 | -46.3% |
| Suppliers | 440/4 | €2,935 | €1,575 | -€1,360 | -46.3% |
| Taxes, remuneration and social security | 45 | €22,994 | €20,570 | -€2,424 | -10.5% |
| Taxes | 450/3 | €12,362 | €12,128 | -€234 | -1.9% |
| Remuneration and social security | 454/9 | €10,632 | €8,442 | -€2,190 | -20.6% |
| Other amounts payable | 47/48 | €1,512 | €851 | -€661 | -43.7% |
| Remuneration, social security and pensions | 62 | €67,197 | €88,112 | +€20,916 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,223 | €29,315 | +€92 | +0.3% |
| Other operating charges | 640/8 | €4,458 | €6,659 | +€2,201 | +49.4% |
| Non-recurring operating charges | 66A | €725 | €0 | -€725 | -100.0% |
| Gross operating margin | 9900 | €112,046 | €152,862 | +€40,816 | +36.4% |
| Operating profit (loss) | 9901 | €10,444 | €28,776 | +€18,332 | +175.5% |
| Financial income | 75/76B | €8 | €2 | -€6 | -78.4% |
| Recurring financial income | 75 | €8 | €2 | -€6 | -78.4% |
| Financial charges | 65/66B | €4,847 | €3,497 | -€1,350 | -27.8% |
| Recurring financial charges | 65 | €4,847 | €3,497 | -€1,350 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €5,604 | €25,280 | +€19,676 | +351.1% |
| Income taxes | 67/77 | €174 | €2,298 | +€2,124 | +1217.8% |
| Profit (loss) for the period | 9904 | €5,430 | €22,982 | +€17,552 | +323.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,430 | €22,982 | +€17,552 | +323.3% |
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 5 October 2026 via checked.be.