STRABINE: 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.
STRABINE
Largest movements
- Current investments +€309,793
up €309,793 (+96.5%), from €321,063 to €630,856
- Cash -€141,134
down €141,134 (-39.3%), from €359,328 to €218,194
mainly Current investments (-€309,793) and Deferred charges and accrued income (-€13,165)
- Deferred charges and accrued income +€13,165
up €13,165 (+10.3%), from €128,164 to €141,329
- Reserves +€163,100
up €163,100 (+22.2%), from €735,473 to €898,572
- Tax, wage and social debts +€12,141
up €12,141 (+58.1%), from €20,911 to €33,053
- Gross operating margin +€13,770
up €13,770 (+6.2%), from €220,730 to €234,500
- Taxes +€11,184
up €11,184 (+16.3%), from €68,564 to €79,747
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 | €809,975 | €990,547 | +€180,571 | +22.3% |
| Fixed assets | 21/28 | €1,421 | €0 | -€1,421 | -100.0% |
| Tangible fixed assets | 22/27 | €1,421 | €0 | -€1,421 | -100.0% |
| Plant, machinery and equipment | 23 | €1,421 | €0 | -€1,421 | -100.0% |
| Current assets | 29/58 | €808,555 | €990,547 | +€181,992 | +22.5% |
| Amounts receivable within one year | 40/41 | - | €168 | +€168 | |
| Trade receivables | 40 | - | €168 | +€168 | |
| Current investments | 50/53 | €321,063 | €630,856 | +€309,793 | +96.5% |
| Cash at bank and in hand | 54/58 | €359,328 | €218,194 | -€141,134 | -39.3% |
| Deferred charges and accrued income | 490/1 | €128,164 | €141,329 | +€13,165 | +10.3% |
| Total equity and liabilities | 10/49 | €809,975 | €990,547 | +€180,571 | +22.3% |
| Equity | 10/15 | €740,473 | €903,572 | +€163,100 | +22.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €735,473 | €898,572 | +€163,100 | +22.2% |
| Distributable reserves | 133 | €735,473 | €898,572 | +€163,100 | +22.2% |
| Amounts payable | 17/49 | €69,503 | €86,974 | +€17,472 | +25.1% |
| Amounts payable within one year | 42/48 | €25,533 | €37,436 | +€11,902 | +46.6% |
| Trade debts | 44 | €2,752 | €1,688 | -€1,064 | -38.7% |
| Suppliers | 440/4 | €2,752 | €1,688 | -€1,064 | -38.7% |
| Taxes, remuneration and social security | 45 | €20,911 | €33,053 | +€12,141 | +58.1% |
| Taxes | 450/3 | €20,911 | €33,053 | +€12,141 | +58.1% |
| Other amounts payable | 47/48 | €1,869 | €2,694 | +€825 | +44.1% |
| Accrued charges and deferred income | 492/3 | €43,969 | €49,539 | +€5,569 | +12.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,473 | €1,421 | -€52 | -3.6% |
| Other operating charges | 640/8 | €569 | €585 | +€16 | +2.9% |
| Gross operating margin | 9900 | €220,730 | €234,500 | +€13,770 | +6.2% |
| Operating profit (loss) | 9901 | €218,688 | €232,494 | +€13,806 | +6.3% |
| Financial income | 75/76B | €8,300 | €10,419 | +€2,119 | +25.5% |
| Recurring financial income | 75 | €8,300 | €10,419 | +€2,119 | +25.5% |
| Financial charges | 65/66B | €49 | €66 | +€17 | +34.9% |
| Recurring financial charges | 65 | €49 | €66 | +€17 | +34.9% |
| Profit (loss) for the period before taxes | 9903 | €226,939 | €242,847 | +€15,908 | +7.0% |
| Income taxes | 67/77 | €68,564 | €79,747 | +€11,184 | +16.3% |
| Profit (loss) for the period | 9904 | €158,375 | €163,100 | +€4,725 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €158,375 | €163,100 | +€4,725 | +3.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.