StraS: 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.
StraS
Largest movements
- Receivables within one year -€25,332
down €25,332 (-32.7%), from €77,469 to €52,137
of which Trade receivables: -€18,077
- Stocks and contracts +€16,487
up €16,487 (+83.3%), from €19,788 to €36,275
of which Contracts in progress: +€19,556
- Cash +€10,125
up €10,125 (+461%), from €2,198 to €12,324
mainly Receivables within one year (+€25,332) and Net result for the year (+€17,279)
- Tangible fixed assets -€3,079
down €3,079 (-30.2%), from €10,203 to €7,124
of which Furniture and vehicles: -€3,646
- Trade debts -€14,084
down €14,084 (-38.6%), from €36,500 to €22,416
- Other debts +€13,973
up €13,973 (+65.8%), from €21,228 to €35,201
- Gross operating margin +€10,827
up €10,827 (+50.7%), from €21,352 to €32,179
- Taxes +€2,803
up €2,803 (+71.1%), from €3,939 to €6,742
- Depreciation +€996
up €996 (+20.3%), from €4,908 to €5,904
- Other operating charges +€611
up €611 (+138%), from €442 to €1,053
- Financial income -€576
down €576 (-90.3%), from €639 to €62
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 | €111,606 | €110,007 | -€1,600 | -1.4% |
| Fixed assets | 21/28 | €10,469 | €7,124 | -€3,345 | -32.0% |
| Tangible fixed assets | 22/27 | €10,203 | €7,124 | -€3,079 | -30.2% |
| Plant, machinery and equipment | 23 | €2,121 | €3,124 | +€1,003 | +47.3% |
| Furniture and vehicles | 24 | €6,700 | €3,054 | -€3,646 | -54.4% |
| Other tangible fixed assets | 26 | €1,382 | €945 | -€436 | -31.6% |
| Financial fixed assets | 28 | €266 | - | -€266 | |
| Current assets | 29/58 | €101,138 | €102,883 | +€1,745 | +1.7% |
| Stocks and contracts in progress | 3 | €19,788 | €36,275 | +€16,487 | +83.3% |
| Stocks | 30/36 | €19,208 | €16,139 | -€3,069 | -16.0% |
| Contracts in progress | 37 | €580 | €20,136 | +€19,556 | +3,372% |
| Amounts receivable within one year | 40/41 | €77,469 | €52,137 | -€25,332 | -32.7% |
| Trade receivables | 40 | €67,814 | €49,738 | -€18,077 | -26.7% |
| Other amounts receivable | 41 | €9,655 | €2,399 | -€7,255 | -75.1% |
| Cash at bank and in hand | 54/58 | €2,198 | €12,324 | +€10,125 | +461% |
| Deferred charges and accrued income | 490/1 | €1,682 | €2,148 | +€465 | +27.6% |
| Total equity and liabilities | 10/49 | €111,606 | €110,007 | -€1,600 | -1.4% |
| Equity | 10/15 | €51,274 | €50,785 | -€489 | -1.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €50,274 | €49,785 | -€489 | -1.0% |
| Distributable reserves | 133 | €50,274 | €49,785 | -€489 | -1.0% |
| Amounts payable | 17/49 | €60,332 | €59,221 | -€1,111 | -1.8% |
| Amounts payable within one year | 42/48 | €60,332 | €59,221 | -€1,111 | -1.8% |
| Trade debts | 44 | €36,500 | €22,416 | -€14,084 | -38.6% |
| Suppliers | 440/4 | €36,500 | €22,416 | -€14,084 | -38.6% |
| Taxes, remuneration and social security | 45 | €2,604 | €1,604 | -€1,000 | -38.4% |
| Taxes | 450/3 | €2,604 | €1,604 | -€1,000 | -38.4% |
| Other amounts payable | 47/48 | €21,228 | €35,201 | +€13,973 | +65.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,908 | €5,904 | +€996 | +20.3% |
| Other operating charges | 640/8 | €442 | €1,053 | +€611 | +138% |
| Gross operating margin | 9900 | €21,352 | €32,179 | +€10,827 | +50.7% |
| Operating profit (loss) | 9901 | €16,001 | €25,221 | +€9,220 | +57.6% |
| Financial income | 75/76B | €639 | €62 | -€576 | -90.3% |
| Recurring financial income | 75 | €639 | €62 | -€576 | -90.3% |
| Financial charges | 65/66B | €1,421 | €1,263 | -€158 | -11.1% |
| Recurring financial charges | 65 | €1,421 | €1,263 | -€158 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €15,219 | €24,021 | +€8,802 | +57.8% |
| Income taxes | 67/77 | €3,939 | €6,742 | +€2,803 | +71.1% |
| Profit (loss) for the period | 9904 | €11,280 | €17,279 | +€5,999 | +53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,280 | €17,279 | +€5,999 | +53.2% |
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 15 October 2026 via checked.be.