STRAREX: 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.
STRAREX
Largest movements
- Cash +€65,676
up €65,676 (+84.8%), from €77,454 to €143,130
mainly Trade debts (+€139,561) and Net result for the year (+€73,743)
- Intangible fixed assets +€55,117
new in 2025: €55,117
- Tangible fixed assets -€12,986
down €12,986 (-23.7%), from €54,709 to €41,723
of which Plant, machinery and equipment: -€14,896
- Receivables within one year +€12,875
up €12,875 (+4.0%), from €319,420 to €332,295
of which Other amounts receivable: +€8,297
- Deferred charges and accrued income +€10,749
up €10,749 (+261.9%), from €4,104 to €14,853
- Trade debts +€139,561
up €139,561 (+88.9%), from €156,973 to €296,534
- Reserves +€73,743
up €73,743 (+62.9%), from €117,261 to €191,004
- Other debts -€60,343
down €60,343 (-100.0%), from €60,343 to €0
- Tax, wage and social debts -€16,313
down €16,313 (-14.4%), from €113,526 to €97,213
of which Remuneration and social security: -€13,550
- Staff costs -€102,129
down €102,129 (-17.6%), from €581,593 to €479,464
- Gross operating margin -€65,866
down €65,866 (-9.6%), from €687,849 to €621,983
- Taxes +€13,177
up €13,177 (+54.7%), from €24,093 to €37,270
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 | €456,987 | €588,419 | +€131,431 | +28.8% |
| Fixed assets | 21/28 | €56,009 | €98,141 | +€42,132 | +75.2% |
| Intangible fixed assets | 21 | - | €55,117 | +€55,117 | |
| Tangible fixed assets | 22/27 | €54,709 | €41,723 | -€12,986 | -23.7% |
| Land and buildings | 22 | - | €4,092 | +€4,092 | |
| Plant, machinery and equipment | 23 | €37,783 | €22,887 | -€14,896 | -39.4% |
| Furniture and vehicles | 24 | €15,771 | €14,517 | -€1,255 | -8.0% |
| Other tangible fixed assets | 26 | €1,154 | €228 | -€926 | -80.2% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €400,978 | €490,278 | +€89,300 | +22.3% |
| Amounts receivable within one year | 40/41 | €319,420 | €332,295 | +€12,875 | +4.0% |
| Trade receivables | 40 | €299,798 | €304,377 | +€4,578 | +1.5% |
| Other amounts receivable | 41 | €19,622 | €27,918 | +€8,297 | +42.3% |
| Cash at bank and in hand | 54/58 | €77,454 | €143,130 | +€65,676 | +84.8% |
| Deferred charges and accrued income | 490/1 | €4,104 | €14,853 | +€10,749 | +261.9% |
| Total equity and liabilities | 10/49 | €456,987 | €588,419 | +€131,431 | +28.8% |
| Equity | 10/15 | €120,261 | €194,004 | +€73,743 | +61.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €117,261 | €191,004 | +€73,743 | +62.9% |
| Distributable reserves | 133 | €117,261 | €191,004 | +€73,743 | +62.9% |
| Amounts payable | 17/49 | €336,726 | €394,414 | +€57,689 | +17.1% |
| Amounts payable after more than one year | 17 | €668 | €0 | -€668 | -100.0% |
| Financial debts | 170/4 | €668 | €0 | -€668 | -100.0% |
| Amounts payable within one year | 42/48 | €336,058 | €394,414 | +€58,356 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €5,216 | €668 | -€4,548 | -87.2% |
| Trade debts | 44 | €156,973 | €296,534 | +€139,561 | +88.9% |
| Suppliers | 440/4 | €156,973 | €296,534 | +€139,561 | +88.9% |
| Taxes, remuneration and social security | 45 | €113,526 | €97,213 | -€16,313 | -14.4% |
| Taxes | 450/3 | €35,275 | €32,511 | -€2,764 | -7.8% |
| Remuneration and social security | 454/9 | €78,252 | €64,702 | -€13,550 | -17.3% |
| Other amounts payable | 47/48 | €60,343 | €0 | -€60,343 | -100.0% |
| Remuneration, social security and pensions | 62 | €581,593 | €479,464 | -€102,129 | -17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,788 | €23,404 | -€3,384 | -12.6% |
| Other operating charges | 640/8 | €1,286 | €1,110 | -€175 | -13.6% |
| Non-recurring operating charges | 66A | €2,477 | €0 | -€2,477 | -100.0% |
| Gross operating margin | 9900 | €687,849 | €621,983 | -€65,866 | -9.6% |
| Operating profit (loss) | 9901 | €75,706 | €118,006 | +€42,300 | +55.9% |
| Financial income | 75/76B | €212 | €1,216 | +€1,004 | +473.8% |
| Recurring financial income | 75 | €212 | €1,216 | +€1,004 | +473.8% |
| Financial charges | 65/66B | €9,484 | €8,209 | -€1,275 | -13.4% |
| Recurring financial charges | 65 | €9,484 | €8,209 | -€1,275 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €66,434 | €111,013 | +€44,579 | +67.1% |
| Income taxes | 67/77 | €24,093 | €37,270 | +€13,177 | +54.7% |
| Profit (loss) for the period | 9904 | €42,341 | €73,743 | +€31,402 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,341 | €73,743 | +€31,402 | +74.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.