Stratagème: 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.
Stratagème
Largest movements
- Cash +€891
up €891 (+842.5%), from €106 to €997
mainly Net result for the year (+€15,703) and Depreciation (+€634)
- Profit (loss) carried forward +€15,703
up €15,703 (+50.8%), from €30,920 to €46,623
- Tax, wage and social debts -€14,564
down €14,564 (-65.1%), from €22,388 to €7,824
of which Remuneration and social security: -€9,870
- Turnover -€65,620
no longer reported in 2025 (was €65,620)
- Purchases and services -€32,030
no longer reported in 2025 (was €32,030)
- Gross operating margin -€6,458
down €6,458 (-19.2%), from €33,590 to €27,132
- Taxes -€3,484
down €3,484 (-40.3%), from €8,654 to €5,170
- Staff costs +€2,965
up €2,965 (+341.0%), from €870 to €3,835
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 | €75,716 | €76,252 | +€536 | +0.7% |
| Fixed assets | 21/28 | €1,542 | €909 | -€634 | -41.1% |
| Tangible fixed assets | 22/27 | €1,542 | €909 | -€634 | -41.1% |
| Furniture and vehicles | 24 | €1,542 | €909 | -€634 | -41.1% |
| Current assets | 29/58 | €74,174 | €75,343 | +€1,169 | +1.6% |
| Amounts receivable within one year | 40/41 | €74,068 | €74,346 | +€278 | +0.4% |
| Trade receivables | 40 | €14,503 | €28,066 | +€13,563 | +93.5% |
| Other amounts receivable | 41 | €59,564 | €46,279 | -€13,285 | -22.3% |
| Cash at bank and in hand | 54/58 | €106 | €997 | +€891 | +842.5% |
| Total equity and liabilities | 10/49 | €75,716 | €76,252 | +€536 | +0.7% |
| Equity | 10/15 | €46,180 | €61,883 | +€15,703 | +34.0% |
| Contributions | 10/11 | €13,400 | €13,400 | = | 0.0% |
| Capital | 10 | - | €13,400 | +€13,400 | |
| Issued capital | 100 | - | €13,400 | +€13,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,920 | €46,623 | +€15,703 | +50.8% |
| Amounts payable | 17/49 | €29,536 | €14,369 | -€15,167 | -51.4% |
| Amounts payable within one year | 42/48 | €29,536 | €14,369 | -€15,167 | -51.4% |
| Trade debts | 44 | €7,148 | €6,544 | -€603 | -8.4% |
| Suppliers | 440/4 | €7,148 | €6,544 | -€603 | -8.4% |
| Taxes, remuneration and social security | 45 | €22,388 | €7,824 | -€14,564 | -65.1% |
| Taxes | 450/3 | €12,518 | €7,824 | -€4,694 | -37.5% |
| Remuneration and social security | 454/9 | €9,870 | - | -€9,870 | |
| Turnover | 70 | €65,620 | - | -€65,620 | |
| Goods, raw materials, services and sundry goods | 60/61 | €32,030 | - | -€32,030 | |
| Remuneration, social security and pensions | 62 | €870 | €3,835 | +€2,965 | +341.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €634 | +€275 | +76.8% |
| Other operating charges | 640/8 | €1,585 | €861 | -€723 | -45.6% |
| Gross operating margin | 9900 | €33,590 | €27,132 | -€6,458 | -19.2% |
| Operating profit (loss) | 9901 | €30,778 | €21,802 | -€8,975 | -29.2% |
| Financial charges | 65/66B | €84 | €929 | +€846 | +1008.9% |
| Recurring financial charges | 65 | €84 | €929 | +€846 | +1008.9% |
| Profit (loss) for the period before taxes | 9903 | €30,694 | €20,873 | -€9,821 | -32.0% |
| Income taxes | 67/77 | €8,654 | €5,170 | -€3,484 | -40.3% |
| Profit (loss) for the period | 9904 | €22,039 | €15,703 | -€6,337 | -28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,039 | €15,703 | -€6,337 | -28.8% |
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 4 October 2026 via checked.be.