STRASAL: 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.
STRASAL
Largest movements
- Receivables within one year -€434,604
down €434,604 (-95.3%), from €456,172 to €21,568
of which Trade receivables: -€441,591
- Cash +€30,519
up €30,519 (+331%), from €9,209 to €39,728
mainly Receivables within one year (+€434,604) and Other debts (+€10,005)
- Deferred charges and accrued income +€4,681
new in 2025: €4,681
- Tax, wage and social debts -€176,806
down €176,806 (-39.5%), from €447,215 to €270,409
of which Remuneration and social security: -€143,093
- Trade debts -€119,106
down €119,106 (-94.5%), from €126,000 to €6,894
- Current portion of long-term debt -€72,434
down €72,434 (-29.2%), from €248,017 to €175,583
- Profit (loss) carried forward -€27,345
down €27,345 (-1.1%), from -€2.5m to -€2.5m
- Accrued charges and deferred income -€13,718
no longer reported in 2025 (was €13,718)
- Gross operating margin -€3.1m
down €3.1m (-67.9%), from €4.5m to €1.4m
- Staff costs -€3.0m
down €3.0m (-68.4%), from €4.4m to €1.4m
- Financial charges -€560,863
down €560,863 (-92.5%), from €606,655 to €45,792
of which Non-recurring financial charges: -€560,000
- Write-downs -€178,666
no longer reported in 2025 (was €178,666)
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 | €465,618 | €66,214 | -€399,404 | -85.8% |
| Fixed assets | 21/28 | €237 | €237 | = | 0.0% |
| Financial fixed assets | 28 | €237 | €237 | = | 0.0% |
| Current assets | 29/58 | €465,381 | €65,977 | -€399,404 | -85.8% |
| Amounts receivable within one year | 40/41 | €456,172 | €21,568 | -€434,604 | -95.3% |
| Trade receivables | 40 | €456,172 | €14,581 | -€441,591 | -96.8% |
| Other amounts receivable | 41 | - | €6,987 | +€6,987 | |
| Cash at bank and in hand | 54/58 | €9,209 | €39,728 | +€30,519 | +331% |
| Deferred charges and accrued income | 490/1 | - | €4,681 | +€4,681 | |
| Total equity and liabilities | 10/49 | €465,618 | €66,214 | -€399,404 | -85.8% |
| Equity | 10/15 | -€1,406,542 | -€1,433,887 | -€27,345 | -1.9% |
| Contributions | 10/11 | €1,012,059 | €1,012,059 | = | 0.0% |
| Reserves | 13 | €98,694 | €98,694 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,983 | €1,983 | = | 0.0% |
| Other | 1319 | €1,983 | €1,983 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,900 | €2,900 | = | 0.0% |
| Distributable reserves | 133 | €93,811 | €93,811 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,517,295 | -€2,544,640 | -€27,345 | -1.1% |
| Amounts payable | 17/49 | €1,872,160 | €1,500,101 | -€372,059 | -19.9% |
| Amounts payable after more than one year | 17 | €750,000 | €750,000 | = | 0.0% |
| Financial debts | 170/4 | €750,000 | €750,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,108,442 | €750,101 | -€358,341 | -32.3% |
| Current portion of amounts payable after more than one year | 42 | €248,017 | €175,583 | -€72,434 | -29.2% |
| Trade debts | 44 | €126,000 | €6,894 | -€119,106 | -94.5% |
| Suppliers | 440/4 | €126,000 | €6,894 | -€119,106 | -94.5% |
| Taxes, remuneration and social security | 45 | €447,215 | €270,409 | -€176,806 | -39.5% |
| Taxes | 450/3 | €107,089 | €73,376 | -€33,713 | -31.5% |
| Remuneration and social security | 454/9 | €340,126 | €197,033 | -€143,093 | -42.1% |
| Other amounts payable | 47/48 | €287,210 | €297,215 | +€10,005 | +3.5% |
| Accrued charges and deferred income | 492/3 | €13,718 | - | -€13,718 | |
| Remuneration, social security and pensions | 62 | €4,427,023 | €1,399,448 | -€3.0m | -68.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €178,666 | - | -€178,666 | |
| Other operating charges | 640/8 | - | €290 | +€290 | |
| Non-recurring operating charges | 66A | - | €12,098 | +€12,098 | |
| Gross operating margin | 9900 | €4,511,157 | €1,447,317 | -€3.1m | -67.9% |
| Operating profit (loss) | 9901 | -€94,532 | €35,481 | +€130,013 | |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €606,655 | €45,792 | -€560,863 | -92.5% |
| Recurring financial charges | 65 | €46,655 | €45,792 | -€863 | -1.8% |
| Non-recurring financial charges | 66B | €560,000 | - | -€560,000 | |
| Profit (loss) for the period before taxes | 9903 | -€701,183 | -€10,311 | +€690,872 | +98.5% |
| Income taxes | 67/77 | €30,757 | €17,034 | -€13,723 | -44.6% |
| Profit (loss) for the period | 9904 | -€731,940 | -€27,345 | +€704,595 | +96.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€731,940 | -€27,345 | +€704,595 | +96.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.