STRAALTECH: what changed
STRAALTECH
Largest movements
- Cash +€128,692
up €128,692 (+183%), from €70,470 to €199,162
mainly Depreciation (+€120,048) and Net result for the year (+€74,959)
- Receivables within one year +€82,947
up €82,947 (+89.4%), from €92,825 to €175,771
of which Trade receivables: +€81,244
- Tangible fixed assets -€62,962
down €62,962 (-10.5%), from €598,232 to €535,270
of which Furniture and vehicles: -€69,581
- Other debts +€56,384
up €56,384 (+6,303%), from €895 to €57,278
- Trade debts +€34,762
up €34,762 (+38.6%), from €90,030 to €124,792
- Debts after one year +€29,959
up €29,959 (+12.6%), from €238,309 to €268,269
- Reserves +€23,283
up €23,283 (+6.9%), from €336,177 to €359,460
- Tax, wage and social debts +€11,516
up €11,516 (+81.5%), from €14,129 to €25,645
of which Taxes: +€12,420
- Staff costs +€97,810
up €97,810 (+247%), from €39,638 to €137,448
- Gross operating margin +€97,203
up €97,203 (+32.4%), from €300,281 to €397,485
- Financial charges +€7,853
up €7,853 (+36.0%), from €21,821 to €29,673
- Depreciation -€5,307
down €5,307 (-4.2%), from €125,356 to €120,048
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €779,016 | €930,020 | +€151,005 | +19.4% |
| Fixed assets | 21/28 | €603,232 | €540,270 | -€62,962 | -10.4% |
| Tangible fixed assets | 22/27 | €598,232 | €535,270 | -€62,962 | -10.5% |
| Land and buildings | 22 | €266,953 | €299,160 | +€32,207 | +12.1% |
| Plant, machinery and equipment | 23 | €103,099 | €77,512 | -€25,587 | -24.8% |
| Furniture and vehicles | 24 | €228,179 | €158,598 | -€69,581 | -30.5% |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €175,784 | €389,750 | +€213,967 | +122% |
| Amounts receivable within one year | 40/41 | €92,825 | €175,771 | +€82,947 | +89.4% |
| Trade receivables | 40 | €83,636 | €164,879 | +€81,244 | +97.1% |
| Other amounts receivable | 41 | €9,189 | €10,892 | +€1,703 | +18.5% |
| Cash at bank and in hand | 54/58 | €70,470 | €199,162 | +€128,692 | +183% |
| Deferred charges and accrued income | 490/1 | €12,489 | €14,817 | +€2,328 | +18.6% |
| Total equity and liabilities | 10/49 | €779,016 | €930,020 | +€151,005 | +19.4% |
| Equity | 10/15 | €354,777 | €378,060 | +€23,283 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €336,177 | €359,460 | +€23,283 | +6.9% |
| Distributable reserves | 133 | €336,177 | €359,460 | +€23,283 | +6.9% |
| Amounts payable | 17/49 | €424,239 | €551,960 | +€127,722 | +30.1% |
| Amounts payable after more than one year | 17 | €238,309 | €268,269 | +€29,959 | +12.6% |
| Financial debts | 170/4 | €238,309 | €268,269 | +€29,959 | +12.6% |
| Amounts payable within one year | 42/48 | €183,705 | €281,422 | +€97,717 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €78,652 | €73,707 | -€4,944 | -6.3% |
| Trade debts | 44 | €90,030 | €124,792 | +€34,762 | +38.6% |
| Suppliers | 440/4 | €90,030 | €124,792 | +€34,762 | +38.6% |
| Taxes, remuneration and social security | 45 | €14,129 | €25,645 | +€11,516 | +81.5% |
| Taxes | 450/3 | €9,317 | €21,737 | +€12,420 | +133% |
| Remuneration and social security | 454/9 | €4,812 | €3,908 | -€904 | -18.8% |
| Other amounts payable | 47/48 | €895 | €57,278 | +€56,384 | +6,303% |
| Accrued charges and deferred income | 492/3 | €2,224 | €2,270 | +€46 | +2.1% |
| Non-recurring operating income | 76A | €7,566 | €58,430 | +€50,863 | +672% |
| Remuneration, social security and pensions | 62 | €39,638 | €137,448 | +€97,810 | +247% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125,356 | €120,048 | -€5,307 | -4.2% |
| Other operating charges | 640/8 | €3,132 | €3,589 | +€457 | +14.6% |
| Gross operating margin | 9900 | €300,281 | €397,485 | +€97,203 | +32.4% |
| Operating profit (loss) | 9901 | €132,156 | €136,400 | +€4,244 | +3.2% |
| Financial income | 75/76B | €828 | €650 | -€178 | -21.5% |
| Recurring financial income | 75 | €828 | €650 | -€178 | -21.5% |
| Financial charges | 65/66B | €21,821 | €29,673 | +€7,853 | +36.0% |
| Recurring financial charges | 65 | €21,821 | €29,673 | +€7,853 | +36.0% |
| Profit (loss) for the period before taxes | 9903 | €111,164 | €107,377 | -€3,787 | -3.4% |
| Income taxes | 67/77 | €29,180 | €32,418 | +€3,238 | +11.1% |
| Profit (loss) for the period | 9904 | €81,984 | €74,959 | -€7,025 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,984 | €74,959 | -€7,025 | -8.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.