Straf Werk: 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.
Straf Werk
Largest movements
- Cash -€37,702
down €37,702 (-40.3%), from €93,501 to €55,799
mainly Contributions, distributions and other (-€89,557) and Deferred charges and accrued income (-€11,156)
- Tangible fixed assets -€11,458
down €11,458 (-27.1%), from €42,332 to €30,873
of which Furniture and vehicles: -€11,269
- Deferred charges and accrued income +€11,156
up €11,156 (+565%), from €1,974 to €13,130
- Receivables within one year +€9,909
up €9,909 (+109%), from €9,097 to €19,007
of which Trade receivables: +€6,909
- Reserves -€15,066
down €15,066 (-48.0%), from €31,400 to €16,334
- Debts after one year -€6,458
down €6,458 (-56.2%), from €11,497 to €5,039
- Other debts -€6,134
down €6,134 (-6.9%), from €88,631 to €82,497
- Gross operating margin +€4,344
up €4,344 (+4.2%), from €103,128 to €107,472
- Taxes +€1,613
up €1,613 (+8.9%), from €18,033 to €19,646
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 | €171,368 | €143,274 | -€28,095 | -16.4% |
| Fixed assets | 21/28 | €42,332 | €30,873 | -€11,458 | -27.1% |
| Tangible fixed assets | 22/27 | €42,332 | €30,873 | -€11,458 | -27.1% |
| Plant, machinery and equipment | 23 | €189 | - | -€189 | |
| Furniture and vehicles | 24 | €42,142 | €30,873 | -€11,269 | -26.7% |
| Current assets | 29/58 | €129,036 | €112,400 | -€16,636 | -12.9% |
| Amounts receivable within one year | 40/41 | €9,097 | €19,007 | +€9,909 | +109% |
| Trade receivables | 40 | €9,097 | €16,007 | +€6,909 | +75.9% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Current investments | 50/53 | €24,465 | €24,465 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,501 | €55,799 | -€37,702 | -40.3% |
| Deferred charges and accrued income | 490/1 | €1,974 | €13,130 | +€11,156 | +565% |
| Total equity and liabilities | 10/49 | €171,368 | €143,274 | -€28,095 | -16.4% |
| Equity | 10/15 | €50,000 | €34,934 | -€15,066 | -30.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,400 | €16,334 | -€15,066 | -48.0% |
| Distributable reserves | 133 | €31,400 | €16,334 | -€15,066 | -48.0% |
| Amounts payable | 17/49 | €121,368 | €108,340 | -€13,028 | -10.7% |
| Amounts payable after more than one year | 17 | €11,497 | €5,039 | -€6,458 | -56.2% |
| Financial debts | 170/4 | €11,497 | €5,039 | -€6,458 | -56.2% |
| Amounts payable within one year | 42/48 | €108,871 | €102,551 | -€6,320 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €6,172 | €6,458 | +€286 | +4.6% |
| Trade debts | 44 | €644 | €127 | -€517 | -80.3% |
| Suppliers | 440/4 | €644 | €127 | -€517 | -80.3% |
| Taxes, remuneration and social security | 45 | €13,425 | €13,469 | +€44 | +0.3% |
| Taxes | 450/3 | €13,425 | €13,469 | +€44 | +0.3% |
| Other amounts payable | 47/48 | €88,631 | €82,497 | -€6,134 | -6.9% |
| Accrued charges and deferred income | 492/3 | €1,000 | €750 | -€250 | -25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,884 | €11,458 | -€426 | -3.6% |
| Other operating charges | 640/8 | €1,567 | €772 | -€794 | -50.7% |
| Gross operating margin | 9900 | €103,128 | €107,472 | +€4,344 | +4.2% |
| Operating profit (loss) | 9901 | €89,677 | €95,241 | +€5,564 | +6.2% |
| Financial income | 75/76B | €341 | €65 | -€276 | -80.9% |
| Recurring financial income | 75 | €341 | €65 | -€276 | -80.9% |
| Financial charges | 65/66B | €1,282 | €1,169 | -€113 | -8.8% |
| Recurring financial charges | 65 | €1,282 | €1,169 | -€113 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €88,736 | €94,136 | +€5,400 | +6.1% |
| Income taxes | 67/77 | €18,033 | €19,646 | +€1,613 | +8.9% |
| Profit (loss) for the period | 9904 | €70,703 | €74,491 | +€3,788 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €70,703 | €74,491 | +€3,788 | +5.4% |
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.