STRAMECO: 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.
STRAMECO
Largest movements
- Cash +€555,561
up €555,561 (+164%), from €339,083 to €894,644
mainly Current investments (+€397,977) and Net result for the year (+€175,239)
- Current investments -€397,977
down €397,977 (-56.8%), from €700,898 to €302,921
- Tangible fixed assets -€115,852
down €115,852 (-12.6%), from €916,078 to €800,225
of which Plant, machinery and equipment: -€66,755
- Receivables within one year +€26,368
up €26,368 (+12.3%), from €214,110 to €240,477
of which Other amounts receivable: +€13,598
- Reserves +€175,239
up €175,239 (+20.7%), from €847,186 to €1.0m
- Other debts -€59,856
down €59,856 (-33.3%), from €179,825 to €119,969
- Debts after one year -€37,590
down €37,590 (-54.1%), from €69,492 to €31,902
- Staff costs +€178,285
up €178,285 (+27.6%), from €646,628 to €824,913
- Taxes -€76,590
down €76,590 (-47.7%), from €160,524 to €83,934
- Gross operating margin -€76,545
down €76,545 (-5.8%), from €1.3m to €1.2m
- Write-downs -€13,896
down €13,896 (-81.4%), from €17,068 to €3,172
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 | €2,273,505 | €2,353,146 | +€79,641 | +3.5% |
| Fixed assets | 21/28 | €916,569 | €800,716 | -€115,852 | -12.6% |
| Tangible fixed assets | 22/27 | €916,078 | €800,225 | -€115,852 | -12.6% |
| Land and buildings | 22 | €618,989 | €571,855 | -€47,134 | -7.6% |
| Plant, machinery and equipment | 23 | €242,080 | €175,325 | -€66,755 | -27.6% |
| Furniture and vehicles | 24 | €55,008 | €53,046 | -€1,963 | -3.6% |
| Financial fixed assets | 28 | €491 | €491 | = | 0.0% |
| Current assets | 29/58 | €1,356,936 | €1,552,430 | +€195,493 | +14.4% |
| Stocks and contracts in progress | 3 | €100,540 | €111,797 | +€11,257 | +11.2% |
| Stocks | 30/36 | €100,540 | €111,797 | +€11,257 | +11.2% |
| Amounts receivable within one year | 40/41 | €214,110 | €240,477 | +€26,368 | +12.3% |
| Trade receivables | 40 | €198,651 | €211,420 | +€12,770 | +6.4% |
| Other amounts receivable | 41 | €15,459 | €29,057 | +€13,598 | +88.0% |
| Current investments | 50/53 | €700,898 | €302,921 | -€397,977 | -56.8% |
| Cash at bank and in hand | 54/58 | €339,083 | €894,644 | +€555,561 | +164% |
| Deferred charges and accrued income | 490/1 | €2,305 | €2,590 | +€284 | +12.3% |
| Total equity and liabilities | 10/49 | €2,273,505 | €2,353,146 | +€79,641 | +3.5% |
| Equity | 10/15 | €1,770,603 | €1,945,842 | +€175,239 | +9.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €847,186 | €1,022,426 | +€175,239 | +20.7% |
| Distributable reserves | 133 | €847,186 | €1,022,426 | +€175,239 | +20.7% |
| Profit (loss) carried forward | 14 | €904,825 | €904,825 | = | 0.0% |
| Amounts payable | 17/49 | €502,902 | €407,304 | -€95,598 | -19.0% |
| Amounts payable after more than one year | 17 | €69,492 | €31,902 | -€37,590 | -54.1% |
| Financial debts | 170/4 | €69,492 | €31,902 | -€37,590 | -54.1% |
| Amounts payable within one year | 42/48 | €420,824 | €375,402 | -€45,422 | -10.8% |
| Current portion of amounts payable after more than one year | 42 | €36,849 | €37,590 | +€741 | +2.0% |
| Trade debts | 44 | €53,496 | €47,862 | -€5,633 | -10.5% |
| Suppliers | 440/4 | €53,496 | €47,862 | -€5,633 | -10.5% |
| Taxes, remuneration and social security | 45 | €150,654 | €169,980 | +€19,326 | +12.8% |
| Taxes | 450/3 | €76,615 | €77,405 | +€790 | +1.0% |
| Remuneration and social security | 454/9 | €74,039 | €92,575 | +€18,536 | +25.0% |
| Other amounts payable | 47/48 | €179,825 | €119,969 | -€59,856 | -33.3% |
| Accrued charges and deferred income | 492/3 | €12,586 | - | -€12,586 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €646,628 | €824,913 | +€178,285 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,941 | €134,362 | +€3,422 | +2.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €17,068 | €3,172 | -€13,896 | -81.4% |
| Other operating charges | 640/8 | €15,692 | €16,273 | +€582 | +3.7% |
| Gross operating margin | 9900 | €1,309,838 | €1,233,293 | -€76,545 | -5.8% |
| Operating profit (loss) | 9901 | €499,510 | €254,573 | -€244,937 | -49.0% |
| Financial income | 75/76B | €16,520 | €9,360 | -€7,160 | -43.3% |
| Recurring financial income | 75 | €16,520 | €9,360 | -€7,160 | -43.3% |
| Financial charges | 65/66B | €4,986 | €4,759 | -€228 | -4.6% |
| Recurring financial charges | 65 | €4,986 | €4,759 | -€228 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €511,043 | €259,174 | -€251,869 | -49.3% |
| Income taxes | 67/77 | €160,524 | €83,934 | -€76,590 | -47.7% |
| Profit (loss) for the period | 9904 | €350,519 | €175,239 | -€175,279 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €350,519 | €175,239 | -€175,279 | -50.0% |
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 13 October 2026 via checked.be.