STR ELEC: 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.
STR ELEC
Largest movements
- Receivables within one year -€12,738
down €12,738 (-51.4%), from €24,773 to €12,035
of which Trade receivables: -€12,659
- Tangible fixed assets -€7,884
down €7,884 (-80.8%), from €9,763 to €1,879
- Receivables after one year +€5,000
up €5,000 (+34.5%), from €14,500 to €19,500
- Trade debts -€5,823
down €5,823 (-20.8%), from €28,009 to €22,187
- Debts after one year -€5,207
no longer reported in 2025 (was €5,207)
- Short-term financial debts -€5,124
no longer reported in 2025 (was €5,124)
- Profit (loss) carried forward +€2,561
up €2,561 (+10.9%), from -€23,535 to -€20,973
- Current portion of long-term debt -€1,248
down €1,248 (-19.3%), from €6,454 to €5,207
- Gross operating margin +€8,157
up €8,157 (+190.4%), from €4,283 to €12,440
- Financial charges -€5,172
down €5,172 (-76.2%), from €6,783 to €1,611
of which Non-recurring financial charges: -€5,259
- Staff costs -€1,965
down €1,965 (-88.6%), from €2,219 to €254
- Taxes +€1,206
no longer reported in 2025 (was -€1,206)
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €50,852 | €34,965 | -€15,887 | -31.2% |
| Formation expenses | 20 | €1,315 | €976 | -€340 | -25.8% |
| Fixed assets | 21/28 | €10,263 | €2,379 | -€7,884 | -76.8% |
| Tangible fixed assets | 22/27 | €9,763 | €1,879 | -€7,884 | -80.8% |
| Furniture and vehicles | 24 | €9,763 | €1,879 | -€7,884 | -80.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €39,273 | €31,611 | -€7,663 | -19.5% |
| Amounts receivable after more than one year | 29 | €14,500 | €19,500 | +€5,000 | +34.5% |
| Other amounts receivable | 291 | €14,500 | €19,500 | +€5,000 | +34.5% |
| Amounts receivable within one year | 40/41 | €24,773 | €12,035 | -€12,738 | -51.4% |
| Trade receivables | 40 | €22,295 | €9,636 | -€12,659 | -56.8% |
| Other amounts receivable | 41 | €2,479 | €2,399 | -€79 | -3.2% |
| Cash at bank and in hand | 54/58 | - | €75 | +€75 | |
| Total equity and liabilities | 10/49 | €50,852 | €34,965 | -€15,887 | -31.2% |
| Equity | 10/15 | -€3,135 | -€573 | +€2,561 | +81.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,200 | €14,200 | = | 0.0% |
| Distributable reserves | 133 | €14,200 | €14,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,535 | -€20,973 | +€2,561 | +10.9% |
| Amounts payable | 17/49 | €53,987 | €35,538 | -€18,448 | -34.2% |
| Amounts payable after more than one year | 17 | €5,207 | - | -€5,207 | |
| Financial debts | 170/4 | €5,207 | - | -€5,207 | |
| Amounts payable within one year | 42/48 | €48,780 | €35,538 | -€13,241 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €6,454 | €5,207 | -€1,248 | -19.3% |
| Financial debts | 43 | €5,124 | - | -€5,124 | |
| Credit institutions | 430/8 | €5,124 | - | -€5,124 | |
| Trade debts | 44 | €28,009 | €22,187 | -€5,823 | -20.8% |
| Suppliers | 440/4 | €28,009 | €22,187 | -€5,823 | -20.8% |
| Taxes, remuneration and social security | 45 | €9,000 | €8,137 | -€863 | -9.6% |
| Taxes | 450/3 | €9,000 | €8,137 | -€863 | -9.6% |
| Other amounts payable | 47/48 | €193 | €9 | -€184 | -95.5% |
| Remuneration, social security and pensions | 62 | €2,219 | €254 | -€1,965 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,562 | €8,224 | -€338 | -3.9% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Non-recurring operating charges | 66A | - | €129 | +€129 | |
| Gross operating margin | 9900 | €4,283 | €12,440 | +€8,157 | +190.4% |
| Operating profit (loss) | 9901 | -€6,881 | €3,833 | +€10,714 | |
| Financial income | 75/76B | €260 | €340 | +€80 | +30.8% |
| Recurring financial income | 75 | €260 | €340 | +€80 | +30.8% |
| Financial charges | 65/66B | €6,783 | €1,611 | -€5,172 | -76.2% |
| Recurring financial charges | 65 | €1,524 | €1,611 | +€87 | +5.7% |
| Non-recurring financial charges | 66B | €5,259 | - | -€5,259 | |
| Profit (loss) for the period before taxes | 9903 | -€13,404 | €2,561 | +€15,966 | |
| Income taxes | 67/77 | -€1,206 | - | +€1,206 | |
| Profit (loss) for the period | 9904 | -€12,198 | €2,561 | +€14,760 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,198 | €2,561 | +€14,760 |
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 30 September 2026 via checked.be.