STRATEGY PLUS: 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.
STRATEGY PLUS
Largest movements
- Cash +€56,890
up €56,890 (+946.0%), from €6,013 to €62,903
mainly Trade debts (+€40,859) and Net result for the year (+€21,105)
- Receivables within one year -€15,996
down €15,996 (-100.0%), from €15,996 to €0
of which Trade receivables: -€10,341
- Intangible fixed assets -€3,410
down €3,410 (-44.1%), from €7,726 to €4,316
- Trade debts +€40,859
up €40,859 (+14012.9%), from €292 to €41,150
- Debts after one year -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Profit (loss) carried forward +€21,105
up €21,105, from -€14,857 to €6,248
- Tax, wage and social debts +€4,096
up €4,096, from €0 to €4,096
- Accrued charges and deferred income -€2,688
down €2,688 (-84.6%), from €3,177 to €489
- Gross operating margin -€13,443
down €13,443 (-33.9%), from €39,601 to €26,158
- Financial charges -€4,814
down €4,814, from €3,284 to -€1,529
- Taxes +€2,526
new in 2025: €2,526
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 | €30,352 | €67,220 | +€36,868 | +121.5% |
| Fixed assets | 21/28 | €7,726 | €4,316 | -€3,410 | -44.1% |
| Intangible fixed assets | 21 | €7,726 | €4,316 | -€3,410 | -44.1% |
| Current assets | 29/58 | €22,625 | €62,903 | +€40,278 | +178.0% |
| Amounts receivable within one year | 40/41 | €15,996 | €0 | -€15,996 | -100.0% |
| Trade receivables | 40 | €10,341 | €0 | -€10,341 | -100.0% |
| Other amounts receivable | 41 | €5,655 | €0 | -€5,655 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,013 | €62,903 | +€56,890 | +946.0% |
| Deferred charges and accrued income | 490/1 | €616 | €0 | -€616 | -100.0% |
| Total equity and liabilities | 10/49 | €30,352 | €67,220 | +€36,868 | +121.5% |
| Equity | 10/15 | €143 | €21,248 | +€21,105 | +14789.9% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,857 | €6,248 | +€21,105 | |
| Amounts payable | 17/49 | €30,209 | €45,972 | +€15,763 | +52.2% |
| Amounts payable after more than one year | 17 | €25,000 | €0 | -€25,000 | -100.0% |
| Financial debts | 170/4 | €25,000 | €0 | -€25,000 | -100.0% |
| Amounts payable within one year | 42/48 | €2,032 | €45,483 | +€43,451 | +2138.4% |
| Financial debts | 43 | - | €237 | +€237 | |
| Credit institutions | 430/8 | - | €237 | +€237 | |
| Trade debts | 44 | €292 | €41,150 | +€40,859 | +14012.9% |
| Suppliers | 440/4 | €292 | €41,150 | +€40,859 | +14012.9% |
| Taxes, remuneration and social security | 45 | €0 | €4,096 | +€4,096 | |
| Taxes | 450/3 | €0 | €4,096 | +€4,096 | |
| Other amounts payable | 47/48 | €1,740 | €0 | -€1,740 | -100.0% |
| Accrued charges and deferred income | 492/3 | €3,177 | €489 | -€2,688 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,410 | €3,410 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €654 | +€266 | +68.8% |
| Gross operating margin | 9900 | €39,601 | €26,158 | -€13,443 | -33.9% |
| Operating profit (loss) | 9901 | €35,803 | €22,094 | -€13,709 | -38.3% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €3,284 | -€1,529 | -€4,814 | |
| Recurring financial charges | 65 | €3,284 | -€1,529 | -€4,814 | |
| Profit (loss) for the period before taxes | 9903 | €32,519 | €23,631 | -€8,888 | -27.3% |
| Income taxes | 67/77 | - | €2,526 | +€2,526 | |
| Profit (loss) for the period | 9904 | €32,519 | €21,105 | -€11,414 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,519 | €21,105 | -€11,414 | -35.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.