STRATEGIUM: what changed
Two financial 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.
STRATEGIUM
Largest movements
- Cash +€71,420
up €71,420 (+201%), from €35,480 to €106,900
mainly Investment in fixed assets (net) (+€50,000) and Net result for the year (+€48,045)
- Financial fixed assets -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€14,673
up €14,673 (+7.5%), from €196,303 to €210,976
of which Trade receivables: +€8,902
- Tangible fixed assets -€3,673
down €3,673 (-22.4%), from €16,417 to €12,744
of which Other tangible fixed assets: -€1,906
- Profit (loss) carried forward +€48,045
up €48,045, from -€6,672 to €41,373
- Tax, wage and social debts -€20,094
down €20,094 (-13.4%), from €149,899 to €129,805
of which Remuneration and social security: -€28,974
- Trade debts +€4,815
up €4,815 (+23.6%), from €20,422 to €25,237
- Turnover +€205,144
new in 2024: €205,144
- Staff costs -€116,620
down €116,620 (-73.4%), from €158,930 to €42,310
- Purchases and services +€93,452
new in 2024: €93,452
- Gross operating margin -€72,908
down €72,908 (-39.1%), from €186,676 to €113,768
- Taxes +€6,738
up €6,738 (+65.8%), from €10,244 to €16,982
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €298,200 | €330,621 | +€32,421 | +10.9% |
| Fixed assets | 21/28 | €66,417 | €12,744 | -€53,673 | -80.8% |
| Tangible fixed assets | 22/27 | €16,417 | €12,744 | -€3,673 | -22.4% |
| Furniture and vehicles | 24 | €2,146 | €380 | -€1,767 | -82.3% |
| Other tangible fixed assets | 26 | €14,271 | €12,365 | -€1,906 | -13.4% |
| Financial fixed assets | 28 | €50,000 | €0 | -€50,000 | -100% |
| Current assets | 29/58 | €231,783 | €317,876 | +€86,093 | +37.1% |
| Amounts receivable within one year | 40/41 | €196,303 | €210,976 | +€14,673 | +7.5% |
| Trade receivables | 40 | €196,072 | €204,974 | +€8,902 | +4.5% |
| Other amounts receivable | 41 | €231 | €6,002 | +€5,771 | +2,498% |
| Cash at bank and in hand | 54/58 | €35,480 | €106,900 | +€71,420 | +201% |
| Deferred charges and accrued income | 490/1 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €298,200 | €330,621 | +€32,421 | +10.9% |
| Equity | 10/15 | €70,351 | €118,396 | +€48,045 | +68.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €58,423 | €58,423 | +€0 | 0.0% |
| Distributable reserves | 133 | €58,423 | €58,423 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€6,672 | €41,373 | +€48,045 | |
| Amounts payable | 17/49 | €227,849 | €212,224 | -€15,625 | -6.9% |
| Amounts payable within one year | 42/48 | €227,849 | €212,224 | -€15,625 | -6.9% |
| Trade debts | 44 | €20,422 | €25,237 | +€4,815 | +23.6% |
| Suppliers | 440/4 | €20,422 | €25,237 | +€4,815 | +23.6% |
| Taxes, remuneration and social security | 45 | €149,899 | €129,805 | -€20,094 | -13.4% |
| Taxes | 450/3 | €7,879 | €16,759 | +€8,880 | +113% |
| Remuneration and social security | 454/9 | €142,020 | €113,046 | -€28,974 | -20.4% |
| Other amounts payable | 47/48 | €57,528 | €57,183 | -€345 | -0.6% |
| Turnover | 70 | - | €205,144 | +€205,144 | |
| Non-recurring operating income | 76A | - | €2,076 | +€2,076 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €93,452 | +€93,452 | |
| Remuneration, social security and pensions | 62 | €158,930 | €42,310 | -€116,620 | -73.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,722 | €3,673 | -€49 | -1.3% |
| Other operating charges | 640/8 | €611 | €812 | +€201 | +32.9% |
| Gross operating margin | 9900 | €186,676 | €113,768 | -€72,908 | -39.1% |
| Operating profit (loss) | 9901 | €23,413 | €66,973 | +€43,560 | +186% |
| Financial charges | 65/66B | €1,093 | €1,946 | +€853 | +78.0% |
| Recurring financial charges | 65 | €1,093 | €1,946 | +€853 | +78.0% |
| Profit (loss) for the period before taxes | 9903 | €22,320 | €65,027 | +€42,707 | +191% |
| Income taxes | 67/77 | €10,244 | €16,982 | +€6,738 | +65.8% |
| Profit (loss) for the period | 9904 | €12,076 | €48,045 | +€35,969 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €12,076 | €48,045 | +€35,969 | +298% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.