StratéTIC: 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.
StratéTIC
Largest movements
- Cash +€95,644
up €95,644 (+56.0%), from €170,712 to €266,356
mainly Net result for the year (+€49,892) and Tax, wage and social debts (+€38,254)
- Receivables within one year -€3,995
down €3,995 (-5.7%), from €69,918 to €65,924
of which Other amounts receivable: -€10,962
- Reserves +€49,892
up €49,892 (+23.4%), from €212,898 to €262,790
- Tax, wage and social debts +€38,254
up €38,254 (+200%), from €19,137 to €57,391
of which Taxes: +€30,751
- Gross operating margin +€78,882
up €78,882 (+109%), from €72,475 to €151,358
- Taxes +€18,054
up €18,054 (+565%), from €3,198 to €21,251
- Staff costs +€13,992
up €13,992 (+24.1%), from €57,967 to €71,959
- Write-downs +€3,327
up €3,327 (+447%), from €745 to €4,072
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 | €246,353 | €335,686 | +€89,334 | +36.3% |
| Formation expenses | 20 | €518 | €0 | -€518 | -100% |
| Fixed assets | 21/28 | €4,936 | €3,091 | -€1,845 | -37.4% |
| Tangible fixed assets | 22/27 | €3,582 | €1,904 | -€1,678 | -46.8% |
| Furniture and vehicles | 24 | €2,336 | €1,013 | -€1,323 | -56.6% |
| Other tangible fixed assets | 26 | €1,246 | €891 | -€355 | -28.5% |
| Financial fixed assets | 28 | €1,354 | €1,187 | -€167 | -12.3% |
| Current assets | 29/58 | €240,899 | €332,595 | +€91,696 | +38.1% |
| Amounts receivable within one year | 40/41 | €69,918 | €65,924 | -€3,995 | -5.7% |
| Trade receivables | 40 | €58,003 | €64,970 | +€6,967 | +12.0% |
| Other amounts receivable | 41 | €11,916 | €954 | -€10,962 | -92.0% |
| Cash at bank and in hand | 54/58 | €170,712 | €266,356 | +€95,644 | +56.0% |
| Deferred charges and accrued income | 490/1 | €269 | €316 | +€47 | +17.4% |
| Total equity and liabilities | 10/49 | €246,353 | €335,686 | +€89,334 | +36.3% |
| Equity | 10/15 | €220,958 | €270,850 | +€49,892 | +22.6% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €212,898 | €262,790 | +€49,892 | +23.4% |
| Distributable reserves | 133 | €212,898 | €262,790 | +€49,892 | +23.4% |
| Amounts payable | 17/49 | €25,395 | €64,836 | +€39,441 | +155% |
| Amounts payable within one year | 42/48 | €25,395 | €64,836 | +€39,441 | +155% |
| Trade debts | 44 | €4,014 | €6,760 | +€2,746 | +68.4% |
| Suppliers | 440/4 | €4,014 | €6,760 | +€2,746 | +68.4% |
| Advances received on contracts in progress | 46 | €1,143 | €0 | -€1,143 | -100% |
| Taxes, remuneration and social security | 45 | €19,137 | €57,391 | +€38,254 | +200% |
| Taxes | 450/3 | €12,479 | €43,230 | +€30,751 | +246% |
| Remuneration and social security | 454/9 | €6,658 | €14,161 | +€7,503 | +113% |
| Other amounts payable | 47/48 | €1,100 | €685 | -€415 | -37.7% |
| Non-recurring operating income | 76A | €6,456 | €0 | -€6,456 | -100% |
| Remuneration, social security and pensions | 62 | €57,967 | €71,959 | +€13,992 | +24.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,194 | €2,195 | +€1 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €745 | €4,072 | +€3,327 | +447% |
| Other operating charges | 640/8 | €992 | €620 | -€372 | -37.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €72,475 | €151,358 | +€78,882 | +109% |
| Operating profit (loss) | 9901 | €10,578 | €72,512 | +€61,934 | +586% |
| Financial income | 75/76B | €486 | €1,424 | +€937 | +193% |
| Recurring financial income | 75 | €486 | €1,424 | +€937 | +193% |
| Financial charges | 65/66B | €2,427 | €2,792 | +€365 | +15.0% |
| Recurring financial charges | 65 | €2,427 | €2,792 | +€365 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €8,637 | €71,144 | +€62,507 | +724% |
| Income taxes | 67/77 | €3,198 | €21,251 | +€18,054 | +565% |
| Profit (loss) for the period | 9904 | €5,439 | €49,892 | +€44,453 | +817% |
| Profit (loss) for the period to be appropriated | 9905 | €5,439 | €49,892 | +€44,453 | +817% |
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 26 October 2026 via checked.be.