STRANARD: 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.
STRANARD
Largest movements
- Tangible fixed assets -€51,879
down €51,879 (-9.2%), from €562,049 to €510,170
of which Furniture and vehicles: -€37,492
- Cash +€44,584
up €44,584 (+130.8%), from €34,092 to €78,676
mainly Depreciation (+€62,744) and Net result for the year (+€55,322)
- Debts after one year -€47,297
down €47,297 (-18.5%), from €255,596 to €208,300
- Reserves +€29,968
up €29,968 (+12.2%), from €246,211 to €276,178
- Tax, wage and social debts +€17,794
up €17,794 (+86.2%), from €20,646 to €38,439
of which Remuneration and social security: +€9,047
- Other debts -€10,784
down €10,784 (-18.9%), from €57,150 to €46,366
- Staff costs -€20,191
down €20,191 (-16.6%), from €121,479 to €101,288
- Depreciation +€17,017
up €17,017 (+37.2%), from €45,727 to €62,744
- Gross operating margin +€4,815
up €4,815 (+1.9%), from €253,234 to €258,049
- Taxes +€2,895
up €2,895 (+12.3%), from €23,444 to €26,339
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €638,325 | €626,351 | -€11,974 | -1.9% |
| Fixed assets | 21/28 | €562,049 | €510,170 | -€51,879 | -9.2% |
| Tangible fixed assets | 22/27 | €562,049 | €510,170 | -€51,879 | -9.2% |
| Land and buildings | 22 | €364,347 | €353,760 | -€10,586 | -2.9% |
| Plant, machinery and equipment | 23 | €1,974 | €1,866 | -€108 | -5.5% |
| Furniture and vehicles | 24 | €158,689 | €121,197 | -€37,492 | -23.6% |
| Other tangible fixed assets | 26 | €37,039 | €33,346 | -€3,692 | -10.0% |
| Current assets | 29/58 | €76,276 | €116,181 | +€39,905 | +52.3% |
| Amounts receivable within one year | 40/41 | €2,672 | - | -€2,672 | |
| Other amounts receivable | 41 | €2,672 | - | -€2,672 | |
| Cash at bank and in hand | 54/58 | €34,092 | €78,676 | +€44,584 | +130.8% |
| Deferred charges and accrued income | 490/1 | €39,513 | €37,505 | -€2,008 | -5.1% |
| Total equity and liabilities | 10/49 | €638,325 | €626,351 | -€11,974 | -1.9% |
| Equity | 10/15 | €254,271 | €284,238 | +€29,968 | +11.8% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €246,211 | €276,178 | +€29,968 | +12.2% |
| Distributable reserves | 133 | €246,211 | €276,178 | +€29,968 | +12.2% |
| Amounts payable | 17/49 | €384,054 | €342,112 | -€41,942 | -10.9% |
| Amounts payable after more than one year | 17 | €255,596 | €208,300 | -€47,297 | -18.5% |
| Financial debts | 170/4 | €255,596 | €208,300 | -€47,297 | -18.5% |
| Amounts payable within one year | 42/48 | €126,093 | €132,326 | +€6,233 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €45,835 | €47,297 | +€1,462 | +3.2% |
| Trade debts | 44 | €2,462 | €224 | -€2,238 | -90.9% |
| Suppliers | 440/4 | €2,462 | €224 | -€2,238 | -90.9% |
| Taxes, remuneration and social security | 45 | €20,646 | €38,439 | +€17,794 | +86.2% |
| Taxes | 450/3 | €6,198 | €14,945 | +€8,747 | +141.1% |
| Remuneration and social security | 454/9 | €14,448 | €23,494 | +€9,047 | +62.6% |
| Other amounts payable | 47/48 | €57,150 | €46,366 | -€10,784 | -18.9% |
| Accrued charges and deferred income | 492/3 | €2,365 | €1,487 | -€878 | -37.1% |
| Non-recurring operating income | 76A | €1,367 | - | -€1,367 | |
| Remuneration, social security and pensions | 62 | €121,479 | €101,288 | -€20,191 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,727 | €62,744 | +€17,017 | +37.2% |
| Other operating charges | 640/8 | €1,097 | €3,189 | +€2,092 | +190.6% |
| Gross operating margin | 9900 | €253,234 | €258,049 | +€4,815 | +1.9% |
| Operating profit (loss) | 9901 | €84,932 | €90,828 | +€5,897 | +6.9% |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €6,646 | €9,174 | +€2,528 | +38.0% |
| Recurring financial charges | 65 | €6,646 | €9,174 | +€2,528 | +38.0% |
| Profit (loss) for the period before taxes | 9903 | €78,285 | €81,660 | +€3,375 | +4.3% |
| Income taxes | 67/77 | €23,444 | €26,339 | +€2,895 | +12.3% |
| Profit (loss) for the period | 9904 | €54,842 | €55,322 | +€480 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,842 | €55,322 | +€480 | +0.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.