STRAELT: 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.
STRAELT
Largest movements
- Current investments -€70,000
down €70,000 (-100%), from €70,000 to €0
- Receivables within one year -€31,033
down €31,033 (-55.8%), from €55,657 to €24,624
of which Trade receivables: -€25,865
- Cash +€17,366
up €17,366 (+24.1%), from €71,980 to €89,347
mainly Current investments (+€70,000) and Receivables within one year (+€31,033)
- Tangible fixed assets -€16,240
down €16,240 (-21.9%), from €74,037 to €57,798
of which Furniture and vehicles: -€16,259
- Reserves -€90,638
down €90,638 (-38.6%), from €234,942 to €144,304
- Trade debts -€13,726
down €13,726 (-68.4%), from €20,080 to €6,354
- Tax, wage and social debts +€7,621
up €7,621 (+156%), from €4,893 to €12,514
of which Remuneration and social security: +€6,304
- Gross operating margin -€56,168
down €56,168, from €39,689 to -€16,479
- Taxes -€7,694
down €7,694 (-92.3%), from €8,336 to €642
- Depreciation +€7,653
up €7,653 (+69.0%), from €11,085 to €18,738
- Financial income -€1,449
down €1,449 (-43.5%), from €3,332 to €1,883
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 | €272,324 | €172,892 | -€99,432 | -36.5% |
| Fixed assets | 21/28 | €74,686 | €58,447 | -€16,240 | -21.7% |
| Tangible fixed assets | 22/27 | €74,037 | €57,798 | -€16,240 | -21.9% |
| Plant, machinery and equipment | 23 | €892 | €1,489 | +€597 | +67.0% |
| Furniture and vehicles | 24 | €68,388 | €52,128 | -€16,259 | -23.8% |
| Other tangible fixed assets | 26 | €4,757 | €4,180 | -€578 | -12.1% |
| Financial fixed assets | 28 | €649 | €649 | = | 0.0% |
| Current assets | 29/58 | €197,638 | €114,445 | -€83,192 | -42.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €55,657 | €24,624 | -€31,033 | -55.8% |
| Trade receivables | 40 | €46,159 | €20,294 | -€25,865 | -56.0% |
| Other amounts receivable | 41 | €9,498 | €4,330 | -€5,168 | -54.4% |
| Current investments | 50/53 | €70,000 | €0 | -€70,000 | -100% |
| Cash at bank and in hand | 54/58 | €71,980 | €89,347 | +€17,366 | +24.1% |
| Deferred charges and accrued income | 490/1 | €0 | €475 | +€475 | |
| Total equity and liabilities | 10/49 | €272,324 | €172,892 | -€99,432 | -36.5% |
| Equity | 10/15 | €241,142 | €150,504 | -€90,638 | -37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €234,942 | €144,304 | -€90,638 | -38.6% |
| Distributable reserves | 133 | €234,942 | €144,304 | -€90,638 | -38.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,182 | €22,388 | -€8,794 | -28.2% |
| Amounts payable within one year | 42/48 | €31,182 | €22,388 | -€8,794 | -28.2% |
| Trade debts | 44 | €20,080 | €6,354 | -€13,726 | -68.4% |
| Suppliers | 440/4 | €20,080 | €6,354 | -€13,726 | -68.4% |
| Taxes, remuneration and social security | 45 | €4,893 | €12,514 | +€7,621 | +156% |
| Taxes | 450/3 | €4,893 | €6,210 | +€1,318 | +26.9% |
| Remuneration and social security | 454/9 | €0 | €6,304 | +€6,304 | |
| Other amounts payable | 47/48 | €6,209 | €3,520 | -€2,689 | -43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,085 | €18,738 | +€7,653 | +69.0% |
| Other operating charges | 640/8 | €946 | €798 | -€148 | -15.6% |
| Gross operating margin | 9900 | €39,689 | -€16,479 | -€56,168 | |
| Operating profit (loss) | 9901 | €27,657 | -€36,015 | -€63,673 | |
| Financial income | 75/76B | €3,332 | €1,883 | -€1,449 | -43.5% |
| Recurring financial income | 75 | €3,332 | €1,883 | -€1,449 | -43.5% |
| Financial charges | 65/66B | €187 | €63 | -€124 | -66.4% |
| Recurring financial charges | 65 | €187 | €63 | -€124 | -66.4% |
| Profit (loss) for the period before taxes | 9903 | €30,803 | -€34,195 | -€64,998 | |
| Income taxes | 67/77 | €8,336 | €642 | -€7,694 | -92.3% |
| Profit (loss) for the period | 9904 | €22,467 | -€34,837 | -€57,304 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,467 | -€34,837 | -€57,304 |
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 17 October 2026 via checked.be.