STRAT&GO: 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&GO
Largest movements
- Receivables within one year +€13,671
up €13,671 (+2118.3%), from €645 to €14,317
of which Trade receivables: +€12,797
- Cash -€8,953
down €8,953 (-47.2%), from €18,963 to €10,010
mainly Receivables within one year (-€13,671) and Debts after one year (-€7,690)
- Deferred charges and accrued income +€2,351
up €2,351 (+1566.6%), from €150 to €2,501
- Profit (loss) carried forward +€7,918
up €7,918, from -€2,579 to €5,339
- Debts after one year -€7,690
down €7,690 (-5.6%), from €137,453 to €129,763
- Tax, wage and social debts +€3,735
new in 2025: €3,735
- Other debts +€3,188
up €3,188 (+49.1%), from €6,497 to €9,685
- Gross operating margin -€16,228
down €16,228 (-47.6%), from €34,126 to €17,898
- Taxes -€3,387
down €3,387 (-43.1%), from €7,867 to €4,480
- Financial charges +€1,920
up €1,920 (+70.7%), from €2,716 to €4,636
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 | €169,758 | €177,404 | +€7,645 | +4.5% |
| Fixed assets | 21/28 | €150,000 | €150,576 | +€576 | +0.4% |
| Tangible fixed assets | 22/27 | €150,000 | €150,576 | +€576 | +0.4% |
| Land and buildings | 22 | €150,000 | €150,000 | = | 0.0% |
| Furniture and vehicles | 24 | - | €576 | +€576 | |
| Current assets | 29/58 | €19,758 | €26,827 | +€7,069 | +35.8% |
| Amounts receivable within one year | 40/41 | €645 | €14,317 | +€13,671 | +2118.3% |
| Trade receivables | 40 | - | €12,797 | +€12,797 | |
| Other amounts receivable | 41 | €645 | €1,520 | +€875 | +135.5% |
| Cash at bank and in hand | 54/58 | €18,963 | €10,010 | -€8,953 | -47.2% |
| Deferred charges and accrued income | 490/1 | €150 | €2,501 | +€2,351 | +1566.6% |
| Total equity and liabilities | 10/49 | €169,758 | €177,404 | +€7,645 | +4.5% |
| Equity | 10/15 | €17,421 | €25,339 | +€7,918 | +45.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,579 | €5,339 | +€7,918 | |
| Amounts payable | 17/49 | €152,338 | €152,065 | -€272 | -0.2% |
| Amounts payable after more than one year | 17 | €137,453 | €129,763 | -€7,690 | -5.6% |
| Financial debts | 170/4 | €137,453 | €129,763 | -€7,690 | -5.6% |
| Amounts payable within one year | 42/48 | €14,065 | €21,482 | +€7,418 | +52.7% |
| Current portion of amounts payable after more than one year | 42 | €7,568 | €7,690 | +€122 | +1.6% |
| Trade debts | 44 | - | €373 | +€373 | |
| Suppliers | 440/4 | - | €373 | +€373 | |
| Taxes, remuneration and social security | 45 | - | €3,735 | +€3,735 | |
| Taxes | 450/3 | - | €3,735 | +€3,735 | |
| Other amounts payable | 47/48 | €6,497 | €9,685 | +€3,188 | +49.1% |
| Accrued charges and deferred income | 492/3 | €819 | €819 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €32 | +€32 | |
| Gross operating margin | 9900 | €34,126 | €17,898 | -€16,228 | -47.6% |
| Operating profit (loss) | 9901 | €34,126 | €17,867 | -€16,259 | -47.6% |
| Financial charges | 65/66B | €2,716 | €4,636 | +€1,920 | +70.7% |
| Recurring financial charges | 65 | €2,716 | €4,636 | +€1,920 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €31,410 | €13,231 | -€18,180 | -57.9% |
| Income taxes | 67/77 | €7,867 | €4,480 | -€3,387 | -43.1% |
| Profit (loss) for the period | 9904 | €23,544 | €8,751 | -€14,793 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,544 | €8,751 | -€14,793 | -62.8% |
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 30 September 2026 via checked.be.