STRATEQO: 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.
STRATEQO
Largest movements
- Current investments +€67,212
up €67,212 (+21.1%), from €317,789 to €385,000
- Cash +€10,482
up €10,482 (+750.7%), from €1,396 to €11,879
mainly Net result for the year (+€103,946) and Depreciation (+€4,295)
- Receivables within one year +€5,341
up €5,341 (+14.1%), from €38,015 to €43,356
of which Other amounts receivable: +€6,729
- Reserves +€88,796
up €88,796 (+29.9%), from €296,796 to €385,592
- Other debts -€7,170
down €7,170 (-32.1%), from €22,320 to €15,150
- Gross operating margin +€7,722
up €7,722 (+5.5%), from €139,536 to €147,258
- Taxes +€1,880
up €1,880 (+4.3%), from €43,712 to €45,592
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 | €372,112 | €452,720 | +€80,608 | +21.7% |
| Fixed assets | 21/28 | €11,481 | €10,881 | -€600 | -5.2% |
| Tangible fixed assets | 22/27 | €11,481 | €10,881 | -€600 | -5.2% |
| Land and buildings | 22 | €6,108 | €5,729 | -€379 | -6.2% |
| Plant, machinery and equipment | 23 | €89 | - | -€89 | |
| Furniture and vehicles | 24 | €5,284 | €5,152 | -€132 | -2.5% |
| Current assets | 29/58 | €360,630 | €441,839 | +€81,208 | +22.5% |
| Amounts receivable within one year | 40/41 | €38,015 | €43,356 | +€5,341 | +14.1% |
| Trade receivables | 40 | €23,565 | €22,177 | -€1,388 | -5.9% |
| Other amounts receivable | 41 | €14,450 | €21,179 | +€6,729 | +46.6% |
| Current investments | 50/53 | €317,789 | €385,000 | +€67,212 | +21.1% |
| Cash at bank and in hand | 54/58 | €1,396 | €11,879 | +€10,482 | +750.7% |
| Deferred charges and accrued income | 490/1 | €3,431 | €1,604 | -€1,827 | -53.3% |
| Total equity and liabilities | 10/49 | €372,112 | €452,720 | +€80,608 | +21.7% |
| Equity | 10/15 | €322,827 | €411,623 | +€88,796 | +27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €296,796 | €385,592 | +€88,796 | +29.9% |
| Distributable reserves | 133 | €296,796 | €385,592 | +€88,796 | +29.9% |
| Profit (loss) carried forward | 14 | €7,431 | €7,431 | = | 0.0% |
| Amounts payable | 17/49 | €49,285 | €41,097 | -€8,188 | -16.6% |
| Amounts payable within one year | 42/48 | €48,771 | €40,569 | -€8,202 | -16.8% |
| Trade debts | 44 | €2,739 | €5,077 | +€2,338 | +85.4% |
| Suppliers | 440/4 | €2,739 | €5,077 | +€2,338 | +85.4% |
| Taxes, remuneration and social security | 45 | €23,712 | €20,342 | -€3,370 | -14.2% |
| Taxes | 450/3 | €23,712 | €20,342 | -€3,370 | -14.2% |
| Other amounts payable | 47/48 | €22,320 | €15,150 | -€7,170 | -32.1% |
| Accrued charges and deferred income | 492/3 | €513 | €528 | +€14 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,819 | €4,295 | +€475 | +12.4% |
| Other operating charges | 640/8 | €1,163 | €1,261 | +€97 | +8.4% |
| Gross operating margin | 9900 | €139,536 | €147,258 | +€7,722 | +5.5% |
| Operating profit (loss) | 9901 | €134,553 | €141,703 | +€7,149 | +5.3% |
| Financial income | 75/76B | €8,692 | €8,107 | -€585 | -6.7% |
| Recurring financial income | 75 | €8,692 | €8,107 | -€585 | -6.7% |
| Financial charges | 65/66B | €345 | €272 | -€73 | -21.3% |
| Recurring financial charges | 65 | €345 | €272 | -€73 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €142,900 | €149,538 | +€6,638 | +4.6% |
| Income taxes | 67/77 | €43,712 | €45,592 | +€1,880 | +4.3% |
| Profit (loss) for the period | 9904 | €99,187 | €103,946 | +€4,758 | +4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €99,187 | €103,946 | +€4,758 | +4.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.