Strada Partners I: 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.
Strada Partners I
Largest movements
- Financial fixed assets +€62.2m
up €62.2m (+106%), from €58.9m to €121.1m
- Contributions +€61.8m
up €61.8m (+100%), from €61.6m to €123.4m
- Short-term financial debts +€4.6m
up €4.6m (+62.2%), from €7.3m to €11.9m
- Profit (loss) carried forward -€4.3m
down €4.3m (-45.9%), from -€9.4m to -€13.7m
- Gross operating margin +€1.4m
up €1.4m (+24.7%), from -€5.7m to -€4.3m
- Purchases and services -€1.4m
down €1.4m (-24.5%), from €5.7m to €4.3m
- Financial income +€249,202
up €249,202 (+128%), from €195,206 to €444,407
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.
Derived cash bridge
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 | €59,676,947 | €121,740,100 | +€62.1m | +104% |
| Fixed assets | 21/28 | €58,886,506 | €121,070,955 | +€62.2m | +106% |
| Financial fixed assets | 28 | €58,886,506 | €121,070,955 | +€62.2m | +106% |
| Current assets | 29/58 | €790,442 | €669,144 | -€121,297 | -15.3% |
| Amounts receivable within one year | 40/41 | €200,000 | €218,974 | +€18,974 | +9.5% |
| Trade receivables | 40 | - | €14,029 | +€14,029 | |
| Other amounts receivable | 41 | €200,000 | €204,945 | +€4,945 | +2.5% |
| Cash at bank and in hand | 54/58 | €590,442 | €195,107 | -€395,335 | -67.0% |
| Deferred charges and accrued income | 490/1 | - | €255,064 | +€255,064 | |
| Total equity and liabilities | 10/49 | €59,676,947 | €121,740,100 | +€62.1m | +104% |
| Equity | 10/15 | €52,218,436 | €109,708,385 | +€57.5m | +110% |
| Contributions | 10/11 | €61,619,922 | €123,425,122 | +€61.8m | +100% |
| Profit (loss) carried forward | 14 | -€9,401,486 | -€13,716,737 | -€4.3m | -45.9% |
| Amounts payable | 17/49 | €7,458,511 | €12,031,715 | +€4.6m | +61.3% |
| Amounts payable within one year | 42/48 | €7,390,835 | €12,013,145 | +€4.6m | +62.5% |
| Financial debts | 43 | €7,337,000 | €11,900,000 | +€4.6m | +62.2% |
| Credit institutions | 430/8 | €7,337,000 | €11,900,000 | +€4.6m | +62.2% |
| Trade debts | 44 | €53,835 | €113,145 | +€59,310 | +110% |
| Suppliers | 440/4 | €53,835 | €113,145 | +€59,310 | +110% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €67,677 | €18,570 | -€49,107 | -72.6% |
| Turnover | 70 | - | €14,029 | +€14,029 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,663,786 | €4,276,490 | -€1.4m | -24.5% |
| Other operating charges | 640/8 | €1,415 | €1,743 | +€328 | +23.2% |
| Gross operating margin | 9900 | -€5,663,786 | -€4,262,462 | +€1.4m | +24.7% |
| Operating profit (loss) | 9901 | -€5,665,201 | -€4,264,205 | +€1.4m | +24.7% |
| Financial income | 75/76B | €195,206 | €444,407 | +€249,202 | +128% |
| Recurring financial income | 75 | €195,206 | €444,407 | +€249,202 | +128% |
| Financial charges | 65/66B | €540,205 | €494,714 | -€45,491 | -8.4% |
| Recurring financial charges | 65 | €540,205 | €494,714 | -€45,491 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,010,201 | -€4,314,512 | +€1.7m | +28.2% |
| Income taxes | 67/77 | €2,802 | €739 | -€2,063 | -73.6% |
| Profit (loss) for the period | 9904 | -€6,013,004 | -€4,315,251 | +€1.7m | +28.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,013,004 | -€4,315,251 | +€1.7m | +28.2% |
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 18 October 2026 via checked.be.