STRATEGOS: 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.
STRATEGOS
Largest movements
- Receivables within one year +€200,415
up €200,415 (+60,763%), from €330 to €200,745
- Current investments -€75,000
down €75,000 (-100%), from €75,000 to €0
- Cash +€34,000
up €34,000 (+110%), from €31,000 to €65,000
mainly Net result for the year (+€102,822) and Current investments (+€75,000)
- Reserves +€101,989
up €101,989 (+84.5%), from €120,753 to €222,742
- Other debts +€60,446
up €60,446 (+27.4%), from €220,990 to €281,435
- Tax, wage and social debts -€15,861
down €15,861 (-80.3%), from €19,748 to €3,887
- Accrued charges and deferred income +€6,237
up €6,237 (+284%), from €2,195 to €8,432
- Trade debts +€5,456
up €5,456 (+1,911%), from €286 to €5,741
- Gross operating margin +€65,124
up €65,124 (+86.1%), from €75,652 to €140,776
- Taxes +€13,791
up €13,791 (+84.9%), from €16,237 to €30,028
- Financial charges +€8,091
up €8,091 (+461%), from €1,755 to €9,846
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.
Derived cash bridge
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 | €368,971 | €527,238 | +€158,267 | +42.9% |
| Fixed assets | 21/28 | €260,000 | €260,000 | = | 0.0% |
| Financial fixed assets | 28 | €260,000 | €260,000 | = | 0.0% |
| Current assets | 29/58 | €108,971 | €267,238 | +€158,267 | +145% |
| Amounts receivable within one year | 40/41 | €330 | €200,745 | +€200,415 | +60,763% |
| Other amounts receivable | 41 | €330 | €200,745 | +€200,415 | +60,763% |
| Current investments | 50/53 | €75,000 | €0 | -€75,000 | -100% |
| Cash at bank and in hand | 54/58 | €31,000 | €65,000 | +€34,000 | +110% |
| Deferred charges and accrued income | 490/1 | €2,641 | €1,493 | -€1,148 | -43.5% |
| Total equity and liabilities | 10/49 | €368,971 | €527,238 | +€158,267 | +42.9% |
| Equity | 10/15 | €125,753 | €227,742 | +€101,989 | +81.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €120,753 | €222,742 | +€101,989 | +84.5% |
| Distributable reserves | 133 | €120,753 | €222,742 | +€101,989 | +84.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €243,218 | €299,496 | +€56,278 | +23.1% |
| Amounts payable within one year | 42/48 | €241,023 | €291,064 | +€50,041 | +20.8% |
| Trade debts | 44 | €286 | €5,741 | +€5,456 | +1,911% |
| Suppliers | 440/4 | €286 | €5,741 | +€5,456 | +1,911% |
| Taxes, remuneration and social security | 45 | €19,748 | €3,887 | -€15,861 | -80.3% |
| Taxes | 450/3 | €19,748 | €3,887 | -€15,861 | -80.3% |
| Other amounts payable | 47/48 | €220,990 | €281,435 | +€60,446 | +27.4% |
| Accrued charges and deferred income | 492/3 | €2,195 | €8,432 | +€6,237 | +284% |
| Other operating charges | 640/8 | €665 | €757 | +€92 | +13.9% |
| Gross operating margin | 9900 | €75,652 | €140,776 | +€65,124 | +86.1% |
| Operating profit (loss) | 9901 | €74,987 | €140,019 | +€65,032 | +86.7% |
| Financial income | 75/76B | €2,723 | €2,678 | -€45 | -1.6% |
| Recurring financial income | 75 | €2,723 | €2,678 | -€45 | -1.6% |
| Financial charges | 65/66B | €1,755 | €9,846 | +€8,091 | +461% |
| Recurring financial charges | 65 | €1,755 | €9,846 | +€8,091 | +461% |
| Profit (loss) for the period before taxes | 9903 | €75,954 | €132,850 | +€56,897 | +74.9% |
| Income taxes | 67/77 | €16,237 | €30,028 | +€13,791 | +84.9% |
| Profit (loss) for the period | 9904 | €59,717 | €102,822 | +€43,105 | +72.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,717 | €102,822 | +€43,105 | +72.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.