STRABAL: 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.
STRABAL
Largest movements
- Receivables within one year +€63,467
up €63,467 (+49.7%), from €127,609 to €191,076
- Receivables after one year -€27,000
no longer reported in 2024 (was €27,000)
- Reserves +€118,396
up €118,396 (+29.6%), from €399,364 to €517,761
of which Distributable reserves: +€118,396
- Debts after one year -€50,734
no longer reported in 2024 (was €50,734)
- Current portion of long-term debt -€49,978
down €49,978 (-49.6%), from €100,712 to €50,734
- Financial income -€48,318
down €48,318 (-31.9%), from €151,314 to €102,997
- Taxes -€4,067
down €4,067 (-17.2%), from €23,613 to €19,546
- Gross operating margin -€1,190
down €1,190 (-2.2%), from €54,979 to €53,790
- Financial charges -€975
down €975 (-45.1%), from €2,164 to €1,189
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,865,874 | €1,898,691 | +€32,817 | +1.8% |
| Fixed assets | 21/28 | €1,703,849 | €1,689,095 | -€14,754 | -0.9% |
| Tangible fixed assets | 22/27 | €55,610 | €40,856 | -€14,754 | -26.5% |
| Land and buildings | 22 | €55,610 | €40,856 | -€14,754 | -26.5% |
| Financial fixed assets | 28 | €1,648,239 | €1,648,239 | = | 0.0% |
| Current assets | 29/58 | €162,026 | €209,596 | +€47,571 | +29.4% |
| Amounts receivable after more than one year | 29 | €27,000 | - | -€27,000 | |
| Other amounts receivable | 291 | €27,000 | - | -€27,000 | |
| Amounts receivable within one year | 40/41 | €127,609 | €191,076 | +€63,467 | +49.7% |
| Other amounts receivable | 41 | €127,609 | €191,076 | +€63,467 | +49.7% |
| Cash at bank and in hand | 54/58 | €7,416 | €18,520 | +€11,104 | +149.7% |
| Total equity and liabilities | 10/49 | €1,865,874 | €1,898,691 | +€32,817 | +1.8% |
| Equity | 10/15 | €1,698,128 | €1,816,524 | +€118,396 | +7.0% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | €399,364 | €517,761 | +€118,396 | +29.6% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Legal reserve | 130 | €8,000 | €8,000 | = | 0.0% |
| Distributable reserves | 133 | €391,364 | €509,761 | +€118,396 | +30.3% |
| Profit (loss) carried forward | 14 | €1,218,764 | €1,218,764 | = | 0.0% |
| Amounts payable | 17/49 | €167,746 | €82,167 | -€85,580 | -51.0% |
| Amounts payable after more than one year | 17 | €50,734 | - | -€50,734 | |
| Financial debts | 170/4 | €50,734 | - | -€50,734 | |
| Amounts payable within one year | 42/48 | €117,012 | €82,167 | -€34,845 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €100,712 | €50,734 | -€49,978 | -49.6% |
| Trade debts | 44 | - | €465 | +€465 | |
| Suppliers | 440/4 | - | €465 | +€465 | |
| Taxes, remuneration and social security | 45 | €16,300 | €30,968 | +€14,667 | +90.0% |
| Taxes | 450/3 | €16,300 | €30,968 | +€14,667 | +90.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,754 | €14,754 | = | 0.0% |
| Other operating charges | 640/8 | €2,795 | €2,901 | +€106 | +3.8% |
| Gross operating margin | 9900 | €54,979 | €53,790 | -€1,190 | -2.2% |
| Operating profit (loss) | 9901 | €37,430 | €36,134 | -€1,296 | -3.5% |
| Financial income | 75/76B | €151,314 | €102,997 | -€48,318 | -31.9% |
| Recurring financial income | 75 | €151,314 | €102,997 | -€48,318 | -31.9% |
| Financial charges | 65/66B | €2,164 | €1,189 | -€975 | -45.1% |
| Recurring financial charges | 65 | €2,164 | €1,189 | -€975 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €186,580 | €137,942 | -€48,638 | -26.1% |
| Income taxes | 67/77 | €23,613 | €19,546 | -€4,067 | -17.2% |
| Profit (loss) for the period | 9904 | €162,967 | €118,396 | -€44,571 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €162,967 | €118,396 | -€44,571 | -27.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.