STRATEEG HR: 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.
STRATEEG HR
Largest movements
- Receivables within one year +€194,282
up €194,282 (+299.1%), from €64,964 to €259,246
of which Trade receivables: +€196,480
- Cash +€98,888
up €98,888 (+37.9%), from €260,655 to €359,543
mainly Net result for the year (+€202,005) and Trade debts (+€201,232)
- Deferred charges and accrued income +€15,332
up €15,332, from €0 to €15,332
- Trade debts +€201,232
up €201,232 (+724.5%), from €27,775 to €229,008
- Reserves +€52,000
up €52,000 (+40.0%), from €130,000 to €182,000
- Other debts +€50,195
up €50,195 (+45.4%), from €110,586 to €160,780
- Tax, wage and social debts +€7,098
up €7,098 (+10.0%), from €70,797 to €77,894
of which Taxes: +€10,133
- Gross operating margin +€137,690
up €137,690 (+33.4%), from €412,248 to €549,938
- Staff costs +€56,515
up €56,515 (+23.1%), from €244,728 to €301,244
- Taxes +€13,309
up €13,309 (+82.9%), from €16,056 to €29,366
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 | €359,371 | €663,917 | +€304,546 | +84.7% |
| Fixed assets | 21/28 | €33,752 | €29,795 | -€3,956 | -11.7% |
| Intangible fixed assets | 21 | €4,254 | €2,752 | -€1,502 | -35.3% |
| Tangible fixed assets | 22/27 | €29,498 | €27,044 | -€2,454 | -8.3% |
| Plant, machinery and equipment | 23 | €10,041 | €9,080 | -€962 | -9.6% |
| Furniture and vehicles | 24 | €18,027 | €12,549 | -€5,478 | -30.4% |
| Other tangible fixed assets | 26 | €1,430 | €5,415 | +€3,986 | +278.7% |
| Current assets | 29/58 | €325,619 | €634,121 | +€308,502 | +94.7% |
| Amounts receivable within one year | 40/41 | €64,964 | €259,246 | +€194,282 | +299.1% |
| Trade receivables | 40 | €62,767 | €259,246 | +€196,480 | +313.0% |
| Other amounts receivable | 41 | €2,197 | €0 | -€2,197 | -100.0% |
| Cash at bank and in hand | 54/58 | €260,655 | €359,543 | +€98,888 | +37.9% |
| Deferred charges and accrued income | 490/1 | €0 | €15,332 | +€15,332 | |
| Total equity and liabilities | 10/49 | €359,371 | €663,917 | +€304,546 | +84.7% |
| Equity | 10/15 | €135,376 | €187,381 | +€52,005 | +38.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €130,000 | €182,000 | +€52,000 | +40.0% |
| Distributable reserves | 133 | €130,000 | €182,000 | +€52,000 | +40.0% |
| Profit (loss) carried forward | 14 | €376 | €381 | +€5 | +1.3% |
| Amounts payable | 17/49 | €223,995 | €476,535 | +€252,541 | +112.7% |
| Amounts payable after more than one year | 17 | €8,853 | €2,651 | -€6,202 | -70.1% |
| Financial debts | 170/4 | €8,853 | €2,651 | -€6,202 | -70.1% |
| Amounts payable within one year | 42/48 | €215,142 | €473,885 | +€258,743 | +120.3% |
| Current portion of amounts payable after more than one year | 42 | €5,984 | €6,202 | +€218 | +3.6% |
| Trade debts | 44 | €27,775 | €229,008 | +€201,232 | +724.5% |
| Suppliers | 440/4 | €27,775 | €229,008 | +€201,232 | +724.5% |
| Taxes, remuneration and social security | 45 | €70,797 | €77,894 | +€7,098 | +10.0% |
| Taxes | 450/3 | €33,835 | €43,967 | +€10,133 | +29.9% |
| Remuneration and social security | 454/9 | €36,962 | €33,927 | -€3,035 | -8.2% |
| Other amounts payable | 47/48 | €110,586 | €160,780 | +€50,195 | +45.4% |
| Remuneration, social security and pensions | 62 | €244,728 | €301,244 | +€56,515 | +23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,284 | €10,540 | +€255 | +2.5% |
| Other operating charges | 640/8 | €1,507 | €1,600 | +€93 | +6.2% |
| Gross operating margin | 9900 | €412,248 | €549,938 | +€137,690 | +33.4% |
| Operating profit (loss) | 9901 | €155,728 | €236,555 | +€80,827 | +51.9% |
| Financial income | 75/76B | €103 | €41 | -€63 | -60.7% |
| Recurring financial income | 75 | €103 | €41 | -€63 | -60.7% |
| Financial charges | 65/66B | €4,922 | €5,225 | +€303 | +6.2% |
| Recurring financial charges | 65 | €4,922 | €5,225 | +€303 | +6.2% |
| Profit (loss) for the period before taxes | 9903 | €150,909 | €231,371 | +€80,461 | +53.3% |
| Income taxes | 67/77 | €16,056 | €29,366 | +€13,309 | +82.9% |
| Profit (loss) for the period | 9904 | €134,853 | €202,005 | +€67,152 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | €134,853 | €202,005 | +€67,152 | +49.8% |
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 3 October 2026 via checked.be.