STRABUONO: 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.
STRABUONO
Largest movements
- Tangible fixed assets +€389,241
up €389,241 (+99.7%), from €390,345 to €779,587
of which Plant, machinery and equipment: +€269,522
- Cash +€205,770
up €205,770 (+128.8%), from €159,792 to €365,563
mainly Net result for the year (+€379,416) and Debts after one year (+€286,216)
- Receivables within one year -€58,211
down €58,211 (-65.9%), from €88,355 to €30,144
of which Other amounts receivable: -€50,003
- Intangible fixed assets -€54,600
down €54,600 (-24.5%), from €223,037 to €168,437
- Profit (loss) carried forward +€379,416
up €379,416 (+165.5%), from €229,238 to €608,654
- Debts after one year +€286,216
up €286,216 (+2768.2%), from €10,340 to €296,556
- Trade debts -€116,618
down €116,618 (-18.4%), from €633,605 to €516,987
- Other debts -€110,000
no longer reported in 2024 (was €110,000)
- Current portion of long-term debt +€69,557
up €69,557 (+685.4%), from €10,148 to €79,706
- Gross operating margin +€366,283
up €366,283 (+44.5%), from €823,600 to €1.2m
- Staff costs +€109,858
up €109,858 (+27.8%), from €394,824 to €504,683
- Taxes +€80,922
up €80,922 (+124.5%), from €65,000 to €145,922
- Depreciation +€57,380
up €57,380 (+73.7%), from €77,887 to €135,266
- Financial charges +€12,090
up €12,090 (+188.8%), from €6,405 to €18,495
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 | €1,127,543 | €1,619,956 | +€492,413 | +43.7% |
| Fixed assets | 21/28 | €614,052 | €951,493 | +€337,441 | +55.0% |
| Intangible fixed assets | 21 | €223,037 | €168,437 | -€54,600 | -24.5% |
| Tangible fixed assets | 22/27 | €390,345 | €779,587 | +€389,241 | +99.7% |
| Land and buildings | 22 | €27,549 | €63,951 | +€36,402 | +132.1% |
| Plant, machinery and equipment | 23 | €44,705 | €314,226 | +€269,522 | +602.9% |
| Furniture and vehicles | 24 | €26,315 | €47,198 | +€20,883 | +79.4% |
| Leasing and similar rights | 25 | - | €112,285 | +€112,285 | |
| Other tangible fixed assets | 26 | €291,778 | €241,927 | -€49,851 | -17.1% |
| Financial fixed assets | 28 | €669 | €3,469 | +€2,800 | +418.2% |
| Current assets | 29/58 | €513,491 | €668,462 | +€154,972 | +30.2% |
| Stocks and contracts in progress | 3 | €259,713 | €272,256 | +€12,542 | +4.8% |
| Stocks | 30/36 | €259,713 | €272,256 | +€12,542 | +4.8% |
| Amounts receivable within one year | 40/41 | €88,355 | €30,144 | -€58,211 | -65.9% |
| Trade receivables | 40 | €11,181 | €2,973 | -€8,208 | -73.4% |
| Other amounts receivable | 41 | €77,174 | €27,171 | -€50,003 | -64.8% |
| Cash at bank and in hand | 54/58 | €159,792 | €365,563 | +€205,770 | +128.8% |
| Deferred charges and accrued income | 490/1 | €5,630 | €500 | -€5,130 | -91.1% |
| Total equity and liabilities | 10/49 | €1,127,543 | €1,619,956 | +€492,413 | +43.7% |
| Equity | 10/15 | €249,238 | €628,654 | +€379,416 | +152.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €229,238 | €608,654 | +€379,416 | +165.5% |
| Amounts payable | 17/49 | €878,305 | €991,301 | +€112,997 | +12.9% |
| Amounts payable after more than one year | 17 | €10,340 | €296,556 | +€286,216 | +2768.2% |
| Financial debts | 170/4 | €10,340 | €296,556 | +€286,216 | +2768.2% |
| Amounts payable within one year | 42/48 | €867,965 | €694,746 | -€173,219 | -20.0% |
| Current portion of amounts payable after more than one year | 42 | €10,148 | €79,706 | +€69,557 | +685.4% |
| Financial debts | 43 | €39,022 | - | -€39,022 | |
| Credit institutions | 430/8 | €39,022 | - | -€39,022 | |
| Trade debts | 44 | €633,605 | €516,987 | -€116,618 | -18.4% |
| Suppliers | 440/4 | €633,605 | €516,987 | -€116,618 | -18.4% |
| Taxes, remuneration and social security | 45 | €75,189 | €98,053 | +€22,864 | +30.4% |
| Taxes | 450/3 | €26,742 | €21,256 | -€5,487 | -20.5% |
| Remuneration and social security | 454/9 | €48,447 | €76,797 | +€28,350 | +58.5% |
| Other amounts payable | 47/48 | €110,000 | - | -€110,000 | |
| Remuneration, social security and pensions | 62 | €394,824 | €504,683 | +€109,858 | +27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,887 | €135,266 | +€57,380 | +73.7% |
| Other operating charges | 640/8 | €4,964 | €1,356 | -€3,609 | -72.7% |
| Non-recurring operating charges | 66A | - | €4,986 | +€4,986 | |
| Gross operating margin | 9900 | €823,600 | €1,189,882 | +€366,283 | +44.5% |
| Operating profit (loss) | 9901 | €345,924 | €543,591 | +€197,667 | +57.1% |
| Financial income | 75/76B | €108 | €242 | +€134 | +124.3% |
| Recurring financial income | 75 | €108 | €242 | +€134 | +124.3% |
| Financial charges | 65/66B | €6,405 | €18,495 | +€12,090 | +188.8% |
| Recurring financial charges | 65 | €6,405 | €18,495 | +€12,090 | +188.8% |
| Profit (loss) for the period before taxes | 9903 | €339,628 | €525,339 | +€185,711 | +54.7% |
| Income taxes | 67/77 | €65,000 | €145,922 | +€80,922 | +124.5% |
| Profit (loss) for the period | 9904 | €274,628 | €379,416 | +€104,789 | +38.2% |
| Profit (loss) for the period to be appropriated | 9905 | €274,628 | €379,416 | +€104,789 | +38.2% |
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.