Str8 On Project Management: 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.
Str8 On Project Management
Largest movements
- Tangible fixed assets -€22,249
down €22,249 (-4.7%), from €477,433 to €455,185
of which Land and buildings: -€19,157
- Receivables within one year -€19,162
down €19,162 (-51.3%), from €37,336 to €18,174
of which Trade receivables: -€11,528
- Stocks and contracts -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash +€14,421
up €14,421 (+88.8%), from €16,234 to €30,655
mainly Depreciation (+€23,453) and Net result for the year (+€19,416)
- Deferred charges and accrued income -€6,247
down €6,247 (-94.3%), from €6,625 to €377
- Debts after one year -€64,437
down €64,437 (-19.5%), from €330,150 to €265,713
of which Other amounts payable: -€55,020
- Reserves +€19,416
up €19,416 (+12.2%), from €158,819 to €178,235
of which Distributable reserves: +€19,416
- Trade debts -€6,040
down €6,040 (-96.3%), from €6,270 to €230
- Gross operating margin +€25,415
up €25,415 (+59.0%), from €43,090 to €68,505
- Taxes +€7,572
up €7,572 (+1,742%), from €435 to €8,006
- Financial charges -€2,532
down €2,532 (-14.7%), from €17,278 to €14,746
- Other operating charges +€702
up €702 (+32.1%), from €2,183 to €2,884
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,628 | €504,391 | -€48,237 | -8.7% |
| Fixed assets | 21/28 | €477,433 | €455,185 | -€22,249 | -4.7% |
| Tangible fixed assets | 22/27 | €477,433 | €455,185 | -€22,249 | -4.7% |
| Land and buildings | 22 | €464,698 | €445,541 | -€19,157 | -4.1% |
| Plant, machinery and equipment | 23 | €12,197 | €9,285 | -€2,913 | -23.9% |
| Furniture and vehicles | 24 | €538 | €358 | -€179 | -33.3% |
| Current assets | 29/58 | €75,194 | €49,207 | -€25,988 | -34.6% |
| Stocks and contracts in progress | 3 | €15,000 | €0 | -€15,000 | -100% |
| Contracts in progress | 37 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €37,336 | €18,174 | -€19,162 | -51.3% |
| Trade receivables | 40 | €29,648 | €18,120 | -€11,528 | -38.9% |
| Other amounts receivable | 41 | €7,687 | €53 | -€7,634 | -99.3% |
| Cash at bank and in hand | 54/58 | €16,234 | €30,655 | +€14,421 | +88.8% |
| Deferred charges and accrued income | 490/1 | €6,625 | €377 | -€6,247 | -94.3% |
| Total equity and liabilities | 10/49 | €552,628 | €504,391 | -€48,237 | -8.7% |
| Equity | 10/15 | €171,219 | €190,635 | +€19,416 | +11.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €158,819 | €178,235 | +€19,416 | +12.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €156,959 | €176,375 | +€19,416 | +12.4% |
| Amounts payable | 17/49 | €381,409 | €313,756 | -€67,653 | -17.7% |
| Amounts payable after more than one year | 17 | €330,150 | €265,713 | -€64,437 | -19.5% |
| Financial debts | 170/4 | €62,364 | €52,947 | -€9,418 | -15.1% |
| Other amounts payable | 178/9 | €267,785 | €212,766 | -€55,020 | -20.5% |
| Amounts payable within one year | 42/48 | €51,259 | €47,922 | -€3,337 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €9,114 | €9,418 | +€303 | +3.3% |
| Trade debts | 44 | €6,270 | €230 | -€6,040 | -96.3% |
| Suppliers | 440/4 | €6,270 | €230 | -€6,040 | -96.3% |
| Taxes, remuneration and social security | 45 | €3,787 | €1,941 | -€1,847 | -48.8% |
| Taxes | 450/3 | €3,787 | €1,941 | -€1,847 | -48.8% |
| Other amounts payable | 47/48 | €32,087 | €36,334 | +€4,247 | +13.2% |
| Accrued charges and deferred income | 492/3 | - | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,402 | €23,453 | +€51 | +0.2% |
| Other operating charges | 640/8 | €2,183 | €2,884 | +€702 | +32.1% |
| Gross operating margin | 9900 | €43,090 | €68,505 | +€25,415 | +59.0% |
| Operating profit (loss) | 9901 | €17,506 | €42,168 | +€24,663 | +141% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €17,278 | €14,746 | -€2,532 | -14.7% |
| Recurring financial charges | 65 | €17,278 | €14,746 | -€2,532 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €228 | €27,422 | +€27,194 | +11,926% |
| Income taxes | 67/77 | €435 | €8,006 | +€7,572 | +1,742% |
| Profit (loss) for the period | 9904 | -€207 | €19,416 | +€19,623 | |
| Profit (loss) for the period to be appropriated | 9905 | -€207 | €19,416 | +€19,623 |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.