STRATEC: 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.
STRATEC
Largest movements
- Stocks and contracts -€734,239
down €734,239 (-81.5%), from €900,596 to €166,358
- Cash +€360,363
up €360,363 (+87.8%), from €410,550 to €770,913
mainly Stocks and contracts (+€734,239) and Receivables within one year (+€317,106)
- Receivables within one year -€317,106
down €317,106 (-28.6%), from €1.1m to €792,095
of which Trade receivables: -€336,608
- Tangible fixed assets -€69,819
down €69,819 (-5.9%), from €1.2m to €1.1m
of which Land and buildings: -€54,885
- Intangible fixed assets +€51,263
new in 2025: €51,263
- Advances received -€390,149
no longer reported in 2025 (was €390,149)
- Tax, wage and social debts -€153,670
down €153,670 (-27.7%), from €555,092 to €401,422
of which Remuneration and social security: -€190,434
- Other debts -€101,314
down €101,314 (-83.5%), from €121,314 to €20,000
- Debts after one year -€81,158
down €81,158 (-9.1%), from €896,053 to €814,895
of which Financial debts: -€81,158
- Gross operating margin -€765,441
down €765,441 (-26.3%), from €2.9m to €2.1m
- Staff costs -€365,350
down €365,350 (-15.8%), from €2.3m to €1.9m
- Taxes -€101,506
down €101,506 (-77.8%), from €130,457 to €28,951
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 | €3,661,504 | €2,931,857 | -€729,647 | -19.9% |
| Fixed assets | 21/28 | €1,199,159 | €1,170,703 | -€28,456 | -2.4% |
| Intangible fixed assets | 21 | - | €51,263 | +€51,263 | |
| Tangible fixed assets | 22/27 | €1,179,007 | €1,109,188 | -€69,819 | -5.9% |
| Land and buildings | 22 | €1,117,433 | €1,062,548 | -€54,885 | -4.9% |
| Plant, machinery and equipment | 23 | €22,532 | €13,975 | -€8,557 | -38.0% |
| Furniture and vehicles | 24 | €39,043 | €32,665 | -€6,378 | -16.3% |
| Financial fixed assets | 28 | €20,152 | €10,252 | -€9,900 | -49.1% |
| Current assets | 29/58 | €2,462,345 | €1,761,154 | -€701,191 | -28.5% |
| Stocks and contracts in progress | 3 | €900,596 | €166,358 | -€734,239 | -81.5% |
| Contracts in progress | 37 | €900,596 | €166,358 | -€734,239 | -81.5% |
| Amounts receivable within one year | 40/41 | €1,109,201 | €792,095 | -€317,106 | -28.6% |
| Trade receivables | 40 | €1,020,921 | €684,313 | -€336,608 | -33.0% |
| Other amounts receivable | 41 | €88,279 | €107,782 | +€19,503 | +22.1% |
| Cash at bank and in hand | 54/58 | €410,550 | €770,913 | +€360,363 | +87.8% |
| Deferred charges and accrued income | 490/1 | €41,999 | €31,788 | -€10,210 | -24.3% |
| Total equity and liabilities | 10/49 | €3,661,504 | €2,931,857 | -€729,647 | -19.9% |
| Equity | 10/15 | €1,080,839 | €1,081,773 | +€934 | +0.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €256,500 | €256,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €705,961 | €706,895 | +€934 | +0.1% |
| Investment grants | 15 | €53,379 | €53,379 | = | 0.0% |
| Amounts payable | 17/49 | €2,580,665 | €1,850,084 | -€730,581 | -28.3% |
| Amounts payable after more than one year | 17 | €896,053 | €814,895 | -€81,158 | -9.1% |
| Financial debts | 170/4 | €896,053 | €814,895 | -€81,158 | -9.1% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,684,612 | €1,035,189 | -€649,423 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €80,170 | €81,158 | +€988 | +1.2% |
| Financial debts | 43 | €128,768 | €146,393 | +€17,625 | +13.7% |
| Credit institutions | 430/8 | €128,768 | €146,393 | +€17,625 | +13.7% |
| Trade debts | 44 | €409,118 | €386,215 | -€22,903 | -5.6% |
| Suppliers | 440/4 | €409,118 | €386,215 | -€22,903 | -5.6% |
| Advances received on contracts in progress | 46 | €390,149 | - | -€390,149 | |
| Taxes, remuneration and social security | 45 | €555,092 | €401,422 | -€153,670 | -27.7% |
| Taxes | 450/3 | €69,277 | €106,042 | +€36,764 | +53.1% |
| Remuneration and social security | 454/9 | €485,815 | €295,381 | -€190,434 | -39.2% |
| Other amounts payable | 47/48 | €121,314 | €20,000 | -€101,314 | -83.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €2,310,490 | €1,945,140 | -€365,350 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,877 | €91,643 | -€6,234 | -6.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€94 | - | +€94 | |
| Other operating charges | 640/8 | €38,163 | €39,735 | +€1,572 | +4.1% |
| Gross operating margin | 9900 | €2,913,653 | €2,148,211 | -€765,441 | -26.3% |
| Operating profit (loss) | 9901 | €467,218 | €71,694 | -€395,524 | -84.7% |
| Financial income | 75/76B | €20,507 | €1,032 | -€19,475 | -95.0% |
| Recurring financial income | 75 | €13,575 | €1,032 | -€12,543 | -92.4% |
| Non-recurring financial income | 76B | €6,932 | - | -€6,932 | |
| Financial charges | 65/66B | €38,181 | €22,841 | -€15,340 | -40.2% |
| Recurring financial charges | 65 | €37,940 | €22,404 | -€15,536 | -40.9% |
| Non-recurring financial charges | 66B | €241 | €437 | +€196 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €449,544 | €49,885 | -€399,659 | -88.9% |
| Income taxes | 67/77 | €130,457 | €28,951 | -€101,506 | -77.8% |
| Profit (loss) for the period | 9904 | €319,087 | €20,934 | -€298,153 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €319,087 | €20,934 | -€298,153 | -93.4% |
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.