STRAC: 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.
STRAC
Largest movements
- Cash +€74,532
up €74,532 (+35.2%), from €211,799 to €286,331
mainly Net result for the year (+€94,381) and Depreciation (+€8,324)
- Receivables within one year -€7,050
down €7,050 (-14.0%), from €50,528 to €43,478
of which Trade receivables: -€6,565
- Tangible fixed assets -€4,549
down €4,549 (-21.8%), from €20,831 to €16,282
of which Plant, machinery and equipment: -€4,133
- Current investments +€4,500
up €4,500 (+13.8%), from €32,500 to €37,000
- Reserves +€94,381
up €94,381 (+43.5%), from €217,063 to €311,444
- Trade debts -€30,453
down €30,453 (-67.1%), from €45,413 to €14,960
- Other debts +€6,293
up €6,293 (+19.4%), from €32,511 to €38,804
- Tax, wage and social debts -€5,549
down €5,549 (-38.9%), from €14,253 to €8,703
of which Taxes: -€2,949
- Gross operating margin +€57,979
up €57,979 (+77.2%), from €75,109 to €133,088
- Taxes +€13,424
up €13,424 (+104.2%), from €12,880 to €26,303
- Write-downs +€2,438
up €2,438, from -€2,438 to €0
- Depreciation -€1,656
down €1,656 (-16.6%), from €9,980 to €8,324
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 | €321,247 | €388,685 | +€67,438 | +21.0% |
| Fixed assets | 21/28 | €20,831 | €16,282 | -€4,549 | -21.8% |
| Tangible fixed assets | 22/27 | €20,831 | €16,282 | -€4,549 | -21.8% |
| Plant, machinery and equipment | 23 | €11,498 | €7,365 | -€4,133 | -35.9% |
| Furniture and vehicles | 24 | €2,708 | €1,344 | -€1,365 | -50.4% |
| Other tangible fixed assets | 26 | €6,624 | €7,573 | +€948 | +14.3% |
| Current assets | 29/58 | €300,416 | €372,404 | +€71,987 | +24.0% |
| Stocks and contracts in progress | 3 | €1,500 | €1,500 | = | 0.0% |
| Stocks | 30/36 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €50,528 | €43,478 | -€7,050 | -14.0% |
| Trade receivables | 40 | €49,882 | €43,317 | -€6,565 | -13.2% |
| Other amounts receivable | 41 | €645 | €161 | -€484 | -75.1% |
| Current investments | 50/53 | €32,500 | €37,000 | +€4,500 | +13.8% |
| Cash at bank and in hand | 54/58 | €211,799 | €286,331 | +€74,532 | +35.2% |
| Deferred charges and accrued income | 490/1 | €4,090 | €4,095 | +€5 | +0.1% |
| Total equity and liabilities | 10/49 | €321,247 | €388,685 | +€67,438 | +21.0% |
| Equity | 10/15 | €227,063 | €321,444 | +€94,381 | +41.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €217,063 | €311,444 | +€94,381 | +43.5% |
| Distributable reserves | 133 | €217,063 | €311,444 | +€94,381 | +43.5% |
| Amounts payable | 17/49 | €94,184 | €67,242 | -€26,942 | -28.6% |
| Amounts payable within one year | 42/48 | €92,177 | €62,468 | -€29,709 | -32.2% |
| Trade debts | 44 | €45,413 | €14,960 | -€30,453 | -67.1% |
| Suppliers | 440/4 | €45,413 | €14,960 | -€30,453 | -67.1% |
| Taxes, remuneration and social security | 45 | €14,253 | €8,703 | -€5,549 | -38.9% |
| Taxes | 450/3 | €11,653 | €8,703 | -€2,949 | -25.3% |
| Remuneration and social security | 454/9 | €2,600 | €0 | -€2,600 | -100.0% |
| Other amounts payable | 47/48 | €32,511 | €38,804 | +€6,293 | +19.4% |
| Accrued charges and deferred income | 492/3 | €2,007 | €4,774 | +€2,767 | +137.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,980 | €8,324 | -€1,656 | -16.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,438 | €0 | +€2,438 | |
| Other operating charges | 640/8 | €1,079 | €949 | -€130 | -12.0% |
| Gross operating margin | 9900 | €75,109 | €133,088 | +€57,979 | +77.2% |
| Operating profit (loss) | 9901 | €66,488 | €123,815 | +€57,327 | +86.2% |
| Financial income | 75/76B | €4 | €28 | +€24 | +528.3% |
| Recurring financial income | 75 | €4 | €28 | +€24 | +528.3% |
| Financial charges | 65/66B | €2,769 | €3,159 | +€390 | +14.1% |
| Recurring financial charges | 65 | €2,769 | €3,159 | +€390 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | €63,724 | €120,684 | +€56,961 | +89.4% |
| Income taxes | 67/77 | €12,880 | €26,303 | +€13,424 | +104.2% |
| Profit (loss) for the period | 9904 | €50,844 | €94,381 | +€43,537 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,844 | €94,381 | +€43,537 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.