STRACT: 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.
What changed
STRACT
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€12,542
2024 · €31,109-€18,567
Equity
€182,611
2024 · €170,069+€12,542
Cash
€5,847
2024 · €20,818-€14,971
Balance sheet total
€1.7m
2024 · €1.7m-€20,993
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€28,943
down €28,943 (-2.3%), from €1.3m to €1.2m
- Other debts +€18,756
up €18,756 (+40.5%), from €46,357 to €65,113
Income statement
- Financial charges +€21,482
up €21,482 (+63.1%), from €34,053 to €55,535
- Taxes -€10,219
down €10,219 (-46.4%), from €22,046 to €11,826
- Gross operating margin -€7,530
down €7,530 (-7.9%), from €95,508 to €87,978
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.
Result 2024
€31,109
Gross operating margin
-€7,530
Depreciation
+€0
Other operating charges
+€324
Financial income
-€98
Financial charges
-€21,482
Taxes
+€10,219
Result 2025
€12,542
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.
From operations
+€27,749
Investment
€0
Financing
-€42,720
Cash 2024
€20,818
From operations (derived)
+€27,749
Net result for the year
+€12,542
Depreciation
+€6,307
Receivables within one year
-€789
Deferred charges and accrued income
+€504
Trade debts
+€450
Tax, wage and social debts
-€12,104
Other debts
+€18,756
Accrued charges and deferred income
+€2,083
Financing
-€42,720
Debts after one year
-€28,943
Current portion of long-term debt
-€9,240
Short-term financial debts
-€4,537
Cash 2025
€5,847
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,734,422 | €1,713,428 | -€20,993 | -1.2% |
| Fixed assets | 21/28 | €1,707,093 | €1,700,786 | -€6,307 | -0.4% |
| Tangible fixed assets | 22/27 | €31,951 | €25,644 | -€6,307 | -19.7% |
| Land and buildings | 22 | €1,027 | €474 | -€553 | -53.8% |
| Other tangible fixed assets | 26 | €30,924 | €25,170 | -€5,754 | -18.6% |
| Financial fixed assets | 28 | €1,675,142 | €1,675,142 | = | 0.0% |
| Current assets | 29/58 | €27,328 | €12,643 | -€14,686 | -53.7% |
| Amounts receivable within one year | 40/41 | €5,005 | €5,794 | +€789 | +15.8% |
| Trade receivables | 40 | €4,853 | €1,254 | -€3,599 | -74.2% |
| Other amounts receivable | 41 | €151 | €4,540 | +€4,389 | +2904.8% |
| Cash at bank and in hand | 54/58 | €20,818 | €5,847 | -€14,971 | -71.9% |
| Deferred charges and accrued income | 490/1 | €1,505 | €1,002 | -€504 | -33.5% |
| Total equity and liabilities | 10/49 | €1,734,422 | €1,713,428 | -€20,993 | -1.2% |
| Equity | 10/15 | €170,069 | €182,611 | +€12,542 | +7.4% |
| Contributions | 10/11 | €56,200 | €56,200 | = | 0.0% |
| Reserves | 13 | €149,070 | €149,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,413 | €0 | -€1,413 | -100.0% |
| Reserves not available under the articles | 1311 | €1,413 | €0 | -€1,413 | -100.0% |
| Distributable reserves | 133 | €147,657 | €149,070 | +€1,413 | +1.0% |
| Profit (loss) carried forward | 14 | -€35,201 | -€22,659 | +€12,542 | +35.6% |
| Amounts payable | 17/49 | €1,564,353 | €1,530,817 | -€33,535 | -2.1% |
| Amounts payable after more than one year | 17 | €1,264,535 | €1,235,593 | -€28,943 | -2.3% |
| Financial debts | 170/4 | €1,264,535 | €1,235,593 | -€28,943 | -2.3% |
| Amounts payable within one year | 42/48 | €291,672 | €284,997 | -€6,675 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €210,820 | €201,580 | -€9,240 | -4.4% |
| Financial debts | 43 | €4,737 | €200 | -€4,537 | -95.8% |
| Credit institutions | 430/8 | €4,737 | €200 | -€4,537 | -95.8% |
| Trade debts | 44 | €1,558 | €2,008 | +€450 | +28.9% |
| Suppliers | 440/4 | €1,558 | €2,008 | +€450 | +28.9% |
| Taxes, remuneration and social security | 45 | €28,199 | €16,095 | -€12,104 | -42.9% |
| Taxes | 450/3 | €28,199 | €16,095 | -€12,104 | -42.9% |
| Other amounts payable | 47/48 | €46,357 | €65,113 | +€18,756 | +40.5% |
| Accrued charges and deferred income | 492/3 | €8,145 | €10,228 | +€2,083 | +25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,308 | €6,307 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,104 | €1,780 | -€324 | -15.4% |
| Gross operating margin | 9900 | €95,508 | €87,978 | -€7,530 | -7.9% |
| Operating profit (loss) | 9901 | €87,097 | €79,891 | -€7,206 | -8.3% |
| Financial income | 75/76B | €111 | €13 | -€98 | -88.6% |
| Recurring financial income | 75 | €111 | €13 | -€98 | -88.6% |
| Financial charges | 65/66B | €34,053 | €55,535 | +€21,482 | +63.1% |
| Recurring financial charges | 65 | €34,053 | €55,535 | +€21,482 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | €53,154 | €24,368 | -€28,786 | -54.2% |
| Income taxes | 67/77 | €22,046 | €11,826 | -€10,219 | -46.4% |
| Profit (loss) for the period | 9904 | €31,109 | €12,542 | -€18,567 | -59.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,109 | €12,542 | -€18,567 | -59.7% |
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 5 October 2026 via checked.be.