STRATAE: 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.
STRATAE
Largest movements
- Cash -€102,005
down €102,005 (-94.2%), from €108,280 to €6,275
mainly Net result for the year (-€73,897) and Contributions, distributions and other (-€23,529)
- Receivables within one year +€22,278
up €22,278 (+1525.9%), from €1,460 to €23,738
of which Other amounts receivable: +€19,484
- Current investments -€16,624
down €16,624 (-71.1%), from €23,369 to €6,745
- Tangible fixed assets +€6,284
up €6,284 (+171.4%), from €3,667 to €9,951
- Profit (loss) carried forward -€97,427
down €97,427 (-84.2%), from €115,711 to €18,284
- Other debts +€10,058
up €10,058 (+74.7%), from €13,471 to €23,529
- Trade debts -€3,434
down €3,434 (-40.4%), from €8,509 to €5,075
- Gross operating margin -€95,069
down €95,069, from €40,911 to -€54,158
- Financial charges +€21,083
up €21,083, from -€4,069 to €17,015
- Taxes -€10,558
down €10,558 (-98.7%), from €10,699 to €142
- Depreciation +€1,032
up €1,032 (+50.6%), from €2,040 to €3,072
- Financial income +€986
up €986 (+1896.2%), from €52 to €1,038
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 | €141,571 | €50,910 | -€90,661 | -64.0% |
| Fixed assets | 21/28 | €5,857 | €12,141 | +€6,284 | +107.3% |
| Tangible fixed assets | 22/27 | €3,667 | €9,951 | +€6,284 | +171.4% |
| Furniture and vehicles | 24 | €3,667 | €9,951 | +€6,284 | +171.4% |
| Financial fixed assets | 28 | €2,190 | €2,190 | = | 0.0% |
| Current assets | 29/58 | €135,714 | €38,769 | -€96,945 | -71.4% |
| Amounts receivable within one year | 40/41 | €1,460 | €23,738 | +€22,278 | +1525.9% |
| Trade receivables | 40 | €0 | €2,795 | +€2,795 | |
| Other amounts receivable | 41 | €1,460 | €20,944 | +€19,484 | +1334.5% |
| Current investments | 50/53 | €23,369 | €6,745 | -€16,624 | -71.1% |
| Cash at bank and in hand | 54/58 | €108,280 | €6,275 | -€102,005 | -94.2% |
| Deferred charges and accrued income | 490/1 | €2,605 | €2,010 | -€594 | -22.8% |
| Total equity and liabilities | 10/49 | €141,571 | €50,910 | -€90,661 | -64.0% |
| Equity | 10/15 | €118,711 | €21,284 | -€97,427 | -82.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,711 | €18,284 | -€97,427 | -84.2% |
| Amounts payable | 17/49 | €22,860 | €29,626 | +€6,766 | +29.6% |
| Amounts payable within one year | 42/48 | €22,860 | €29,626 | +€6,766 | +29.6% |
| Trade debts | 44 | €8,509 | €5,075 | -€3,434 | -40.4% |
| Suppliers | 440/4 | €8,509 | €5,075 | -€3,434 | -40.4% |
| Taxes, remuneration and social security | 45 | €880 | €1,021 | +€142 | +16.1% |
| Taxes | 450/3 | €880 | €1,021 | +€142 | +16.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €13,471 | €23,529 | +€10,058 | +74.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,040 | €3,072 | +€1,032 | +50.6% |
| Other operating charges | 640/8 | €535 | €550 | +€14 | +2.7% |
| Gross operating margin | 9900 | €40,911 | -€54,158 | -€95,069 | |
| Operating profit (loss) | 9901 | €38,336 | -€57,780 | -€96,116 | |
| Financial income | 75/76B | €52 | €1,038 | +€986 | +1896.2% |
| Recurring financial income | 75 | €52 | €1,038 | +€986 | +1896.2% |
| Financial charges | 65/66B | -€4,069 | €17,015 | +€21,083 | |
| Recurring financial charges | 65 | -€4,069 | €17,015 | +€21,083 | |
| Profit (loss) for the period before taxes | 9903 | €42,457 | -€73,756 | -€116,213 | |
| Income taxes | 67/77 | €10,699 | €142 | -€10,558 | -98.7% |
| Profit (loss) for the period | 9904 | €31,757 | -€73,897 | -€105,655 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,757 | -€73,897 | -€105,655 |
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 8 October 2026 via checked.be.