STRAFICO: 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.
What changed
STRAFICO
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€91,567
2024 · €24,357-€115,923
Equity
€446,175
2024 · €537,741-€91,567
Cash
€1,205
2024 · €33+€1,172
Balance sheet total
€1.2m
2024 · €1.4m-€183,423
Largest movements
Assets
- Receivables after one year -€94,539
down €94,539 (-52.0%), from €181,969 to €87,430
of which Other amounts receivable: -€90,000
- Receivables within one year -€93,095
down €93,095 (-81.6%), from €114,081 to €20,986
of which Trade receivables: -€88,704
- Tangible fixed assets +€24,175
up €24,175 (+2.2%), from €1.1m to €1.1m
of which Land and buildings: +€26,284
- Stocks and contracts -€19,447
down €19,447 (-100.0%), from €19,447 to €0
Equity and liabilities
- Reserves -€91,567
down €91,567 (-17.2%), from €531,541 to €439,975
of which Distributable reserves: -€89,091
- Other debts +€63,150
up €63,150 (+126.3%), from €50,000 to €113,150
- Advances received -€53,430
down €53,430 (-100.0%), from €53,430 to €0
- Debts after one year -€43,158
down €43,158 (-10.0%), from €433,534 to €390,377
- Tax, wage and social debts -€34,490
down €34,490 (-83.8%), from €41,150 to €6,660
of which Taxes: -€34,490
Income statement
- Gross operating margin -€176,714
down €176,714, from €128,984 to -€47,730
- Other operating charges -€41,756
down €41,756 (-75.7%), from €55,139 to €13,382
- Provisions -€25,000
new in 2025: -€25,000
- Taxes -€19,530
down €19,530 (-99.1%), from €19,716 to €185
- Depreciation +€9,078
up €9,078 (+29.9%), from €30,321 to €39,399
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
€24,357
Gross operating margin
-€176,714
Depreciation
-€9,078
Write-downs
-€1,541
Provisions
+€25,000
Other operating charges
+€41,756
Other operating items
-€4,052
Financial income
-€4,215
Financial charges
-€6,610
Taxes
+€19,530
Result 2025
-€91,567
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
+€108,184
Investment
-€63,574
Financing
-€43,439
Cash 2024
€33
From operations (derived)
+€108,184
Net result for the year
-€91,567
Depreciation
+€39,399
Receivables after one year
+€94,539
Stocks and contracts
+€19,447
Receivables within one year
+€93,095
Deferred charges and accrued income
+€1,689
Provisions
-€25,825
Trade debts
+€3,183
Tax, wage and social debts
-€34,490
Advances received
-€53,430
Other debts
+€63,150
Accrued charges and deferred income
-€1,005
Investment (derived)
-€63,574
Investment in fixed assets (net)
-€63,574
Financing
-€43,439
Debts after one year
-€43,158
Current portion of long-term debt
+€207
Short-term financial debts
-€488
Cash 2025
€1,205
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,418,102 | €1,234,679 | -€183,423 | -12.9% |
| Fixed assets | 21/28 | €1,099,381 | €1,123,556 | +€24,175 | +2.2% |
| Tangible fixed assets | 22/27 | €1,096,811 | €1,120,986 | +€24,175 | +2.2% |
| Land and buildings | 22 | €1,070,729 | €1,097,013 | +€26,284 | +2.5% |
| Plant, machinery and equipment | 23 | €11,605 | €12,881 | +€1,276 | +11.0% |
| Furniture and vehicles | 24 | €14,477 | €11,091 | -€3,386 | -23.4% |
| Financial fixed assets | 28 | €2,570 | €2,570 | = | 0.0% |
| Current assets | 29/58 | €318,721 | €111,123 | -€207,598 | -65.1% |
| Amounts receivable after more than one year | 29 | €181,969 | €87,430 | -€94,539 | -52.0% |
| Trade receivables | 290 | €91,969 | €87,430 | -€4,539 | -4.9% |
| Other amounts receivable | 291 | €90,000 | €0 | -€90,000 | -100.0% |
| Stocks and contracts in progress | 3 | €19,447 | €0 | -€19,447 | -100.0% |
| Stocks | 30/36 | €19,447 | €0 | -€19,447 | -100.0% |
| Amounts receivable within one year | 40/41 | €114,081 | €20,986 | -€93,095 | -81.6% |
| Trade receivables | 40 | €107,516 | €18,812 | -€88,704 | -82.5% |
| Other amounts receivable | 41 | €6,565 | €2,174 | -€4,391 | -66.9% |
| Cash at bank and in hand | 54/58 | €33 | €1,205 | +€1,172 | +3556.3% |
| Deferred charges and accrued income | 490/1 | €3,191 | €1,503 | -€1,689 | -52.9% |
| Total equity and liabilities | 10/49 | €1,418,102 | €1,234,679 | -€183,423 | -12.9% |
| Equity | 10/15 | €537,741 | €446,175 | -€91,567 | -17.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €531,541 | €439,975 | -€91,567 | -17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €135,199 | €132,724 | -€2,476 | -1.8% |
| Distributable reserves | 133 | €394,482 | €305,391 | -€89,091 | -22.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €108,032 | €82,206 | -€25,825 | -23.9% |
| Provisions for liabilities and charges | 160/5 | €62,965 | €37,965 | -€25,000 | -39.7% |
| Pensions and similar obligations | 160 | €37,965 | €37,965 | = | 0.0% |
| Major repairs and maintenance | 162 | €25,000 | €0 | -€25,000 | -100.0% |
| Deferred taxes | 168 | €45,066 | €44,241 | -€825 | -1.8% |
| Amounts payable | 17/49 | €772,329 | €706,298 | -€66,031 | -8.5% |
| Amounts payable after more than one year | 17 | €433,534 | €390,377 | -€43,158 | -10.0% |
| Financial debts | 170/4 | €433,534 | €390,377 | -€43,158 | -10.0% |
| Amounts payable within one year | 42/48 | €337,790 | €315,922 | -€21,868 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €42,951 | €43,158 | +€207 | +0.5% |
| Financial debts | 43 | €9,666 | €9,178 | -€488 | -5.0% |
| Credit institutions | 430/8 | €9,666 | €9,178 | -€488 | -5.0% |
| Trade debts | 44 | €140,593 | €143,776 | +€3,183 | +2.3% |
| Suppliers | 440/4 | €140,593 | €143,776 | +€3,183 | +2.3% |
| Advances received on contracts in progress | 46 | €53,430 | €0 | -€53,430 | -100.0% |
| Taxes, remuneration and social security | 45 | €41,150 | €6,660 | -€34,490 | -83.8% |
| Taxes | 450/3 | €41,150 | €6,660 | -€34,490 | -83.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €50,000 | €113,150 | +€63,150 | +126.3% |
| Accrued charges and deferred income | 492/3 | €1,005 | €0 | -€1,005 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,321 | €39,399 | +€9,078 | +29.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,541 | €0 | +€1,541 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€25,000 | -€25,000 | |
| Other operating charges | 640/8 | €55,139 | €13,382 | -€41,756 | -75.7% |
| Non-recurring operating charges | 66A | - | €4,052 | +€4,052 | |
| Gross operating margin | 9900 | €128,984 | -€47,730 | -€176,714 | |
| Operating profit (loss) | 9901 | €45,065 | -€79,564 | -€124,629 | |
| Financial income | 75/76B | €9,712 | €5,497 | -€4,215 | -43.4% |
| Recurring financial income | 75 | €9,712 | €5,497 | -€4,215 | -43.4% |
| Financial charges | 65/66B | €11,530 | €18,140 | +€6,610 | +57.3% |
| Recurring financial charges | 65 | €11,530 | €18,140 | +€6,610 | +57.3% |
| Profit (loss) for the period before taxes | 9903 | €43,247 | -€92,207 | -€135,454 | |
| Transfer from deferred taxes | 780 | €825 | €825 | = | 0.0% |
| Income taxes | 67/77 | €19,716 | €185 | -€19,530 | -99.1% |
| Profit (loss) for the period | 9904 | €24,357 | -€91,567 | -€115,923 | |
| Transfer from tax-exempt reserves | 789 | €2,476 | €2,476 | -€0 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,832 | -€89,091 | -€115,923 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.