STRABAT: 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.
STRABAT
Largest movements
- Tangible fixed assets -€65,513
down €65,513 (-16.1%), from €406,185 to €340,672
of which Other tangible fixed assets: -€64,131
- Receivables within one year +€38,896
up €38,896 (+141.7%), from €27,445 to €66,341
of which Trade receivables: +€38,896
- Cash +€23,551
up €23,551 (+65.5%), from €35,962 to €59,513
mainly Depreciation (+€65,513) and Net result for the year (+€51,223)
- Deferred charges and accrued income -€5,956
down €5,956 (-17.5%), from €33,991 to €28,035
- Debts after one year -€78,950
down €78,950 (-52.1%), from €151,680 to €72,729
- Profit (loss) carried forward +€51,223
up €51,223 (+27.1%), from €189,281 to €240,504
- Trade debts +€18,117
up €18,117 (+36.6%), from €49,531 to €67,648
- Current portion of long-term debt -€9,154
down €9,154 (-10.3%), from €88,474 to €79,320
- Tax, wage and social debts +€8,484
up €8,484 (+308.0%), from €2,754 to €11,238
- Depreciation -€25,749
down €25,749 (-28.2%), from €91,263 to €65,513
- Gross operating margin +€19,514
up €19,514 (+17.7%), from €110,337 to €129,851
- Financial charges -€3,455
down €3,455 (-33.8%), from €10,223 to €6,768
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 | €503,583 | €494,561 | -€9,023 | -1.8% |
| Fixed assets | 21/28 | €406,185 | €340,672 | -€65,513 | -16.1% |
| Tangible fixed assets | 22/27 | €406,185 | €340,672 | -€65,513 | -16.1% |
| Plant, machinery and equipment | 23 | €510 | €188 | -€322 | -63.2% |
| Furniture and vehicles | 24 | €3,472 | €2,412 | -€1,060 | -30.5% |
| Other tangible fixed assets | 26 | €402,203 | €338,072 | -€64,131 | -15.9% |
| Current assets | 29/58 | €97,398 | €153,889 | +€56,491 | +58.0% |
| Amounts receivable within one year | 40/41 | €27,445 | €66,341 | +€38,896 | +141.7% |
| Trade receivables | 40 | €27,346 | €66,242 | +€38,896 | +142.2% |
| Other amounts receivable | 41 | €99 | €99 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €35,962 | €59,513 | +€23,551 | +65.5% |
| Deferred charges and accrued income | 490/1 | €33,991 | €28,035 | -€5,956 | -17.5% |
| Total equity and liabilities | 10/49 | €503,583 | €494,561 | -€9,023 | -1.8% |
| Equity | 10/15 | €203,541 | €254,764 | +€51,223 | +25.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | - | -€12,400 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €189,281 | €240,504 | +€51,223 | +27.1% |
| Amounts payable | 17/49 | €300,043 | €239,797 | -€60,246 | -20.1% |
| Amounts payable after more than one year | 17 | €151,680 | €72,729 | -€78,950 | -52.1% |
| Financial debts | 170/4 | €151,680 | €72,729 | -€78,950 | -52.1% |
| Amounts payable within one year | 42/48 | €148,363 | €167,068 | +€18,705 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €88,474 | €79,320 | -€9,154 | -10.3% |
| Trade debts | 44 | €49,531 | €67,648 | +€18,117 | +36.6% |
| Suppliers | 440/4 | €49,531 | €67,648 | +€18,117 | +36.6% |
| Taxes, remuneration and social security | 45 | €2,754 | €11,238 | +€8,484 | +308.0% |
| Taxes | 450/3 | €2,754 | €11,238 | +€8,484 | +308.0% |
| Other amounts payable | 47/48 | €7,603 | €8,862 | +€1,259 | +16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,263 | €65,513 | -€25,749 | -28.2% |
| Other operating charges | 640/8 | €5,991 | €6,290 | +€299 | +5.0% |
| Gross operating margin | 9900 | €110,337 | €129,851 | +€19,514 | +17.7% |
| Operating profit (loss) | 9901 | €13,084 | €58,048 | +€44,965 | +343.7% |
| Financial income | 75/76B | €60 | €95 | +€35 | +57.6% |
| Recurring financial income | 75 | €60 | €95 | +€35 | +57.6% |
| Financial charges | 65/66B | €10,223 | €6,768 | -€3,455 | -33.8% |
| Recurring financial charges | 65 | €10,223 | €6,768 | -€3,455 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | €2,920 | €51,374 | +€48,454 | +1659.2% |
| Income taxes | 67/77 | €136 | €151 | +€15 | +11.1% |
| Profit (loss) for the period | 9904 | €2,784 | €51,223 | +€48,439 | +1740.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,784 | €51,223 | +€48,439 | +1740.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.