STRATELYON: 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.
STRATELYON
Largest movements
- Cash -€1.3m
down €1.3m (-97.6%), from €1.3m to €31,016
mainly Trade debts (-€745,458) and Receivables within one year (-€413,109)
- Receivables within one year +€413,109
up €413,109 (+26.0%), from €1.6m to €2.0m
of which Other amounts receivable: +€1.1m
- Trade debts -€745,458
down €745,458 (-71.3%), from €1.0m to €299,480
- Profit (loss) carried forward -€34,839
down €34,839 (-8.0%), from €434,643 to €399,804
- Other debts -€30,317
no longer reported in 2025 (was €30,317)
- Tax, wage and social debts -€30,196
down €30,196 (-42.0%), from €71,908 to €41,712
- Financial income -€97,402
down €97,402 (-91.5%), from €106,438 to €9,036
- Financial charges -€82,334
down €82,334 (-86.5%), from €95,190 to €12,856
- Gross operating margin -€79,400
down €79,400, from €51,641 to -€27,760
- Taxes -€20,866
no longer reported in 2025 (was €20,866)
- Other operating charges +€2,536
new in 2025: €2,536
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 | €2,895,041 | €2,038,328 | -€856,713 | -29.6% |
| Fixed assets | 21/28 | €15,222 | €6,931 | -€8,291 | -54.5% |
| Tangible fixed assets | 22/27 | €25 | - | -€25 | |
| Furniture and vehicles | 24 | €25 | - | -€25 | |
| Financial fixed assets | 28 | €15,197 | €6,931 | -€8,267 | -54.4% |
| Current assets | 29/58 | €2,879,819 | €2,031,398 | -€848,422 | -29.5% |
| Amounts receivable within one year | 40/41 | €1,587,272 | €2,000,381 | +€413,109 | +26.0% |
| Trade receivables | 40 | €1,251,551 | €592,176 | -€659,375 | -52.7% |
| Other amounts receivable | 41 | €335,722 | €1,408,205 | +€1.1m | +319.5% |
| Cash at bank and in hand | 54/58 | €1,286,402 | €31,016 | -€1.3m | -97.6% |
| Deferred charges and accrued income | 490/1 | €6,145 | - | -€6,145 | |
| Total equity and liabilities | 10/49 | €2,895,041 | €2,038,328 | -€856,713 | -29.6% |
| Equity | 10/15 | €522,393 | €487,554 | -€34,839 | -6.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €73,850 | €73,850 | = | 0.0% |
| Uncalled capital | 101 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €26,250 | €26,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €434,643 | €399,804 | -€34,839 | -8.0% |
| Amounts payable | 17/49 | €2,372,648 | €1,550,774 | -€821,874 | -34.6% |
| Amounts payable after more than one year | 17 | €1,183,500 | €1,167,598 | -€15,902 | -1.3% |
| Other amounts payable | 178/9 | €1,183,500 | €1,167,598 | -€15,902 | -1.3% |
| Amounts payable within one year | 42/48 | €1,189,148 | €383,176 | -€805,972 | -67.8% |
| Trade debts | 44 | €1,044,938 | €299,480 | -€745,458 | -71.3% |
| Suppliers | 440/4 | €1,044,938 | €299,480 | -€745,458 | -71.3% |
| Advances received on contracts in progress | 46 | €41,984 | €41,984 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €71,908 | €41,712 | -€30,196 | -42.0% |
| Taxes | 450/3 | €71,908 | €41,712 | -€30,196 | -42.0% |
| Other amounts payable | 47/48 | €30,317 | - | -€30,317 | |
| Remuneration, social security and pensions | 62 | €609 | €725 | +€115 | +18.9% |
| Other operating charges | 640/8 | - | €2,536 | +€2,536 | |
| Gross operating margin | 9900 | €51,641 | -€27,760 | -€79,400 | |
| Operating profit (loss) | 9901 | €51,031 | -€31,020 | -€82,051 | |
| Financial income | 75/76B | €106,438 | €9,036 | -€97,402 | -91.5% |
| Recurring financial income | 75 | €106,438 | €9,036 | -€97,402 | -91.5% |
| Financial charges | 65/66B | €95,190 | €12,856 | -€82,334 | -86.5% |
| Recurring financial charges | 65 | €95,190 | €12,856 | -€82,334 | -86.5% |
| Profit (loss) for the period before taxes | 9903 | €62,280 | -€34,839 | -€97,119 | |
| Income taxes | 67/77 | €20,866 | - | -€20,866 | |
| Profit (loss) for the period | 9904 | €41,414 | -€34,839 | -€76,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,414 | -€34,839 | -€76,253 |
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 29 September 2026 via checked.be.