STR INVEST: 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.
STR INVEST
Largest movements
- Financial fixed assets -€29,787
down €29,787 (-81.6%), from €36,487 to €6,700
- Cash +€13,044
up €13,044 (+31.8%), from €40,988 to €54,033
mainly Investment in fixed assets (net) (+€27,816) and Trade debts (+€19,951)
- Receivables after one year +€8,952
up €8,952 (+21.0%), from €42,623 to €51,575
of which Other amounts receivable: +€8,952
- Receivables within one year +€5,120
up €5,120 (+31.3%), from €16,355 to €21,475
of which Other amounts receivable: +€3,275
- Tangible fixed assets -€3,247
down €3,247 (-24.7%), from €13,129 to €9,882
- Profit (loss) carried forward -€26,172
down €26,172 (-16.7%), from -€156,443 to -€182,616
- Trade debts +€19,951
up €19,951 (+192%), from €10,376 to €30,327
- Tax, wage and social debts +€11,613
up €11,613 (+60.1%), from €19,314 to €30,927
- Current portion of long-term debt -€6,500
down €6,500 (-100%), from €6,500 to €0
- Other debts -€3,920
down €3,920 (-98.0%), from €4,000 to €80
- Financial charges +€26,791
up €26,791 (+601%), from €4,457 to €31,248
of which Non-recurring financial charges: +€24,987
- Gross operating margin -€22,303
down €22,303 (-65.0%), from €34,293 to €11,990
- Depreciation +€963
up €963 (+22.6%), from €4,255 to €5,218
- Other operating charges +€421
up €421 (+10.9%), from €3,855 to €4,276
- Financial income -€357
down €357 (-12.2%), from €2,938 to €2,580
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 | €151,817 | €147,329 | -€4,488 | -3.0% |
| Fixed assets | 21/28 | €49,616 | €16,582 | -€33,034 | -66.6% |
| Tangible fixed assets | 22/27 | €13,129 | €9,882 | -€3,247 | -24.7% |
| Plant, machinery and equipment | 23 | €6,142 | €4,993 | -€1,149 | -18.7% |
| Furniture and vehicles | 24 | €1,402 | €613 | -€789 | -56.3% |
| Other tangible fixed assets | 26 | €5,585 | €4,276 | -€1,309 | -23.4% |
| Financial fixed assets | 28 | €36,487 | €6,700 | -€29,787 | -81.6% |
| Current assets | 29/58 | €102,201 | €130,746 | +€28,546 | +27.9% |
| Amounts receivable after more than one year | 29 | €42,623 | €51,575 | +€8,952 | +21.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €42,623 | €51,575 | +€8,952 | +21.0% |
| Stocks and contracts in progress | 3 | €2,234 | €2,973 | +€739 | +33.1% |
| Stocks | 30/36 | €2,234 | €2,973 | +€739 | +33.1% |
| Amounts receivable within one year | 40/41 | €16,355 | €21,475 | +€5,120 | +31.3% |
| Trade receivables | 40 | €14,993 | €16,838 | +€1,845 | +12.3% |
| Other amounts receivable | 41 | €1,362 | €4,637 | +€3,275 | +240% |
| Cash at bank and in hand | 54/58 | €40,988 | €54,033 | +€13,044 | +31.8% |
| Deferred charges and accrued income | 490/1 | €0 | €690 | +€690 | |
| Total equity and liabilities | 10/49 | €151,817 | €147,329 | -€4,488 | -3.0% |
| Equity | 10/15 | €111,547 | €85,374 | -€26,172 | -23.5% |
| Contributions | 10/11 | €267,990 | €267,990 | = | 0.0% |
| Capital | 10 | €267,990 | €267,990 | = | 0.0% |
| Issued capital | 100 | €267,990 | €267,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,443 | -€182,616 | -€26,172 | -16.7% |
| Amounts payable | 17/49 | €40,270 | €61,954 | +€21,684 | +53.8% |
| Amounts payable within one year | 42/48 | €40,190 | €61,334 | +€21,144 | +52.6% |
| Current portion of amounts payable after more than one year | 42 | €6,500 | €0 | -€6,500 | -100% |
| Trade debts | 44 | €10,376 | €30,327 | +€19,951 | +192% |
| Suppliers | 440/4 | €10,376 | €30,327 | +€19,951 | +192% |
| Taxes, remuneration and social security | 45 | €19,314 | €30,927 | +€11,613 | +60.1% |
| Taxes | 450/3 | €19,314 | €30,927 | +€11,613 | +60.1% |
| Other amounts payable | 47/48 | €4,000 | €80 | -€3,920 | -98.0% |
| Accrued charges and deferred income | 492/3 | €80 | €620 | +€540 | +673% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,255 | €5,218 | +€963 | +22.6% |
| Other operating charges | 640/8 | €3,855 | €4,276 | +€421 | +10.9% |
| Gross operating margin | 9900 | €34,293 | €11,990 | -€22,303 | -65.0% |
| Operating profit (loss) | 9901 | €26,183 | €2,495 | -€23,688 | -90.5% |
| Financial income | 75/76B | €2,938 | €2,580 | -€357 | -12.2% |
| Recurring financial income | 75 | €2,938 | €2,580 | -€357 | -12.2% |
| Financial charges | 65/66B | €4,457 | €31,248 | +€26,791 | +601% |
| Recurring financial charges | 65 | €4,457 | €6,261 | +€1,804 | +40.5% |
| Non-recurring financial charges | 66B | - | €24,987 | +€24,987 | |
| Profit (loss) for the period before taxes | 9903 | €24,664 | -€26,172 | -€50,836 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €24,664 | -€26,172 | -€50,836 | |
| Profit (loss) for the period to be appropriated | 9905 | €24,664 | -€26,172 | -€50,836 |
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 29 October 2026 via checked.be.