STRAF MANAGEMENT: 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.
STRAF MANAGEMENT
Largest movements
- Cash +€54,002
up €54,002 (+563.2%), from €9,589 to €63,591
mainly Net result for the year (+€60,859) and Other debts (+€10,686)
- Receivables within one year +€10,147
up €10,147 (+26.6%), from €38,101 to €48,247
of which Other amounts receivable: +€20,124
- Deferred charges and accrued income +€1,867
up €1,867 (+72.7%), from €2,569 to €4,435
- Reserves +€60,859
up €60,859 (+328.9%), from €18,506 to €79,365
- Trade debts -€13,605
down €13,605 (-100.0%), from €13,605 to €0
- Other debts +€10,686
up €10,686 (+211.2%), from €5,060 to €15,746
- Tax, wage and social debts +€7,675
up €7,675 (+69.2%), from €11,087 to €18,762
of which Remuneration and social security: +€3,852
- Gross operating margin +€63,629
up €63,629 (+68.5%), from €92,886 to €156,516
- Taxes +€21,816
up €21,816 (+1073.2%), from €2,033 to €23,849
- Staff costs -€15,889
down €15,889 (-18.3%), from €86,787 to €70,898
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 | €50,258 | €116,273 | +€66,015 | +131.4% |
| Current assets | 29/58 | €50,258 | €116,273 | +€66,015 | +131.4% |
| Amounts receivable within one year | 40/41 | €38,101 | €48,247 | +€10,147 | +26.6% |
| Trade receivables | 40 | €19,709 | €9,731 | -€9,977 | -50.6% |
| Other amounts receivable | 41 | €18,392 | €38,516 | +€20,124 | +109.4% |
| Cash at bank and in hand | 54/58 | €9,589 | €63,591 | +€54,002 | +563.2% |
| Deferred charges and accrued income | 490/1 | €2,569 | €4,435 | +€1,867 | +72.7% |
| Total equity and liabilities | 10/49 | €50,258 | €116,273 | +€66,015 | +131.4% |
| Equity | 10/15 | €20,506 | €81,365 | +€60,859 | +296.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €18,506 | €79,365 | +€60,859 | +328.9% |
| Distributable reserves | 133 | €18,506 | €79,365 | +€60,859 | +328.9% |
| Amounts payable | 17/49 | €29,752 | €34,908 | +€5,156 | +17.3% |
| Amounts payable within one year | 42/48 | €29,752 | €34,508 | +€4,757 | +16.0% |
| Trade debts | 44 | €13,605 | €0 | -€13,605 | -100.0% |
| Suppliers | 440/4 | €13,605 | €0 | -€13,605 | -100.0% |
| Taxes, remuneration and social security | 45 | €11,087 | €18,762 | +€7,675 | +69.2% |
| Taxes | 450/3 | €5,106 | €8,929 | +€3,824 | +74.9% |
| Remuneration and social security | 454/9 | €5,981 | €9,833 | +€3,852 | +64.4% |
| Other amounts payable | 47/48 | €5,060 | €15,746 | +€10,686 | +211.2% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €86,787 | €70,898 | -€15,889 | -18.3% |
| Other operating charges | 640/8 | €505 | €705 | +€199 | +39.5% |
| Gross operating margin | 9900 | €92,886 | €156,516 | +€63,629 | +68.5% |
| Operating profit (loss) | 9901 | €5,594 | €84,913 | +€79,318 | +1417.8% |
| Financial income | 75/76B | €14 | €1 | -€13 | -91.5% |
| Recurring financial income | 75 | €14 | €1 | -€13 | -91.5% |
| Financial charges | 65/66B | €511 | €207 | -€304 | -59.6% |
| Recurring financial charges | 65 | €511 | €207 | -€304 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €5,097 | €84,707 | +€79,610 | +1561.7% |
| Income taxes | 67/77 | €2,033 | €23,849 | +€21,816 | +1073.2% |
| Profit (loss) for the period | 9904 | €3,065 | €60,859 | +€57,794 | +1885.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,065 | €60,859 | +€57,794 | +1885.8% |
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 9 October 2026 via checked.be.