STRATEPHAR: what changed
STRATEPHAR
Largest movements
- Receivables within one year +€15,356
up €15,356 (+56.2%), from €27,316 to €42,673
of which Trade receivables: +€13,665
- Cash +€10,598
up €10,598 (+11.8%), from €89,881 to €100,479
mainly Net result for the year (+€10,245) and Depreciation (+€10,143)
- Tangible fixed assets -€5,274
down €5,274 (-6.8%), from €77,616 to €72,342
of which Land and buildings: -€8,928
- Reserves +€10,000
up €10,000 (+15.8%), from €63,252 to €73,252
of which Distributable reserves: +€10,000
- Tax, wage and social debts +€4,746
up €4,746 (+1,005%), from €472 to €5,218
- Trade debts +€3,483
up €3,483 (+356%), from €978 to €4,461
- Gross operating margin +€4,234
up €4,234 (+16.0%), from €26,395 to €30,629
- Taxes +€2,047
up €2,047 (+64.2%), from €3,188 to €5,235
- Depreciation +€737
up €737 (+7.8%), from €9,405 to €10,143
- Financial charges +€624
up €624 (+28.8%), from €2,165 to €2,789
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €237,036 | €257,715 | +€20,680 | +8.7% |
| Fixed assets | 21/28 | €77,616 | €72,342 | -€5,274 | -6.8% |
| Tangible fixed assets | 22/27 | €77,616 | €72,342 | -€5,274 | -6.8% |
| Land and buildings | 22 | €77,259 | €68,330 | -€8,928 | -11.6% |
| Plant, machinery and equipment | 23 | - | €947 | +€947 | |
| Furniture and vehicles | 24 | - | €3,065 | +€3,065 | |
| Other tangible fixed assets | 26 | €358 | - | -€358 | |
| Current assets | 29/58 | €159,419 | €185,373 | +€25,954 | +16.3% |
| Amounts receivable after more than one year | 29 | €42,222 | €42,222 | = | 0.0% |
| Other amounts receivable | 291 | €42,222 | €42,222 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,316 | €42,673 | +€15,356 | +56.2% |
| Trade receivables | 40 | - | €13,665 | +€13,665 | |
| Other amounts receivable | 41 | €27,316 | €29,008 | +€1,691 | +6.2% |
| Cash at bank and in hand | 54/58 | €89,881 | €100,479 | +€10,598 | +11.8% |
| Total equity and liabilities | 10/49 | €237,036 | €257,715 | +€20,680 | +8.7% |
| Equity | 10/15 | €196,339 | €206,583 | +€10,245 | +5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €63,252 | €73,252 | +€10,000 | +15.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €57,052 | €67,052 | +€10,000 | +17.5% |
| Profit (loss) carried forward | 14 | €71,087 | €71,332 | +€245 | +0.3% |
| Amounts payable | 17/49 | €40,697 | €51,132 | +€10,435 | +25.6% |
| Amounts payable within one year | 42/48 | €38,884 | €48,926 | +€10,042 | +25.8% |
| Trade debts | 44 | €978 | €4,461 | +€3,483 | +356% |
| Suppliers | 440/4 | €978 | €4,461 | +€3,483 | +356% |
| Taxes, remuneration and social security | 45 | €472 | €5,218 | +€4,746 | +1,005% |
| Taxes | 450/3 | €472 | €5,218 | +€4,746 | +1,005% |
| Other amounts payable | 47/48 | €37,434 | €39,247 | +€1,813 | +4.8% |
| Accrued charges and deferred income | 492/3 | €1,813 | €2,206 | +€393 | +21.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,405 | €10,143 | +€737 | +7.8% |
| Other operating charges | 640/8 | €3,786 | €3,908 | +€122 | +3.2% |
| Gross operating margin | 9900 | €26,395 | €30,629 | +€4,234 | +16.0% |
| Operating profit (loss) | 9901 | €13,204 | €16,578 | +€3,374 | +25.6% |
| Financial income | 75/76B | €1,689 | €1,691 | +€2 | +0.1% |
| Recurring financial income | 75 | €1,689 | €1,691 | +€2 | +0.1% |
| Financial charges | 65/66B | €2,165 | €2,789 | +€624 | +28.8% |
| Recurring financial charges | 65 | €2,165 | €2,789 | +€624 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | €12,727 | €15,480 | +€2,753 | +21.6% |
| Income taxes | 67/77 | €3,188 | €5,235 | +€2,047 | +64.2% |
| Profit (loss) for the period | 9904 | €9,539 | €10,245 | +€705 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,539 | €10,245 | +€705 | +7.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.