STRAT AND OPS: 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.
STRAT AND OPS
Largest movements
- Receivables within one year +€7,206
up €7,206 (+1696.0%), from €425 to €7,630
of which Trade receivables: +€7,563
- Cash +€176
up €176 (+27.6%), from €637 to €813
mainly Other debts (+€3,825) and Net result for the year (+€3,083)
- Other debts +€3,825
up €3,825 (+139.6%), from €2,739 to €6,564
- Profit (loss) carried forward +€3,083
up €3,083 (+55.7%), from -€5,531 to -€2,448
- Tax, wage and social debts +€1,313
new in 2025: €1,313
- Trade debts -€839
down €839 (-62.0%), from €1,353 to €515
- Gross operating margin +€8,689
up €8,689, from -€5,518 to €3,171
- Financial charges +€76
up €76 (+604.4%), from €13 to €88
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 | €1,062 | €8,443 | +€7,381 | +695.2% |
| Current assets | 29/58 | €1,062 | €8,443 | +€7,381 | +695.2% |
| Amounts receivable within one year | 40/41 | €425 | €7,630 | +€7,206 | +1696.0% |
| Trade receivables | 40 | - | €7,563 | +€7,563 | |
| Other amounts receivable | 41 | €425 | €68 | -€357 | -84.0% |
| Cash at bank and in hand | 54/58 | €637 | €813 | +€176 | +27.6% |
| Total equity and liabilities | 10/49 | €1,062 | €8,443 | +€7,381 | +695.2% |
| Equity | 10/15 | -€3,531 | -€448 | +€3,083 | +87.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,531 | -€2,448 | +€3,083 | +55.7% |
| Amounts payable | 17/49 | €4,592 | €8,891 | +€4,299 | +93.6% |
| Amounts payable within one year | 42/48 | €4,092 | €8,391 | +€4,299 | +105.0% |
| Trade debts | 44 | €1,353 | €515 | -€839 | -62.0% |
| Suppliers | 440/4 | €1,353 | €515 | -€839 | -62.0% |
| Taxes, remuneration and social security | 45 | - | €1,313 | +€1,313 | |
| Taxes | 450/3 | - | €1,313 | +€1,313 | |
| Other amounts payable | 47/48 | €2,739 | €6,564 | +€3,825 | +139.6% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Gross operating margin | 9900 | -€5,518 | €3,171 | +€8,689 | |
| Operating profit (loss) | 9901 | -€5,518 | €3,171 | +€8,689 | |
| Financial charges | 65/66B | €13 | €88 | +€76 | +604.4% |
| Recurring financial charges | 65 | €13 | €88 | +€76 | +604.4% |
| Profit (loss) for the period before taxes | 9903 | -€5,531 | €3,083 | +€8,613 | |
| Profit (loss) for the period | 9904 | -€5,531 | €3,083 | +€8,613 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,531 | €3,083 | +€8,613 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.