Stratexis: 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.
Stratexis
Largest movements
- Current investments +€70,386
up €70,386 (+166.1%), from €42,375 to €112,761
- Cash +€55,800
up €55,800 (+99.6%), from €56,036 to €111,836
mainly Net result for the year (+€127,952) and Depreciation (+€20,609)
- Tangible fixed assets -€19,626
down €19,626 (-22.0%), from €89,261 to €69,635
of which Furniture and vehicles: -€20,094
- Reserves +€127,302
up €127,302 (+97.1%), from €131,092 to €258,394
- Debts after one year -€17,084
down €17,084 (-100.0%), from €17,084 to €0
- Current portion of long-term debt -€7,756
down €7,756 (-31.2%), from €24,840 to €17,084
- Tax, wage and social debts +€5,525
up €5,525 (+8.9%), from €61,743 to €67,269
of which Taxes: +€5,498
- Gross operating margin +€20,089
up €20,089 (+10.9%), from €185,059 to €205,148
- Financial charges +€10,751
up €10,751 (+657.2%), from €1,636 to €12,387
- Taxes +€10,159
up €10,159 (+26.3%), from €38,566 to €48,725
- Depreciation +€8,343
up €8,343 (+68.0%), from €12,266 to €20,609
- Financial income +€4,610
up €4,610 (+8454.4%), from €55 to €4,665
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 | €243,348 | €350,478 | +€107,129 | +44.0% |
| Fixed assets | 21/28 | €89,261 | €69,635 | -€19,626 | -22.0% |
| Tangible fixed assets | 22/27 | €89,261 | €69,635 | -€19,626 | -22.0% |
| Plant, machinery and equipment | 23 | €746 | €1,213 | +€467 | +62.6% |
| Furniture and vehicles | 24 | €88,515 | €68,421 | -€20,094 | -22.7% |
| Current assets | 29/58 | €154,087 | €280,843 | +€126,756 | +82.3% |
| Amounts receivable within one year | 40/41 | €25,526 | €26,088 | +€562 | +2.2% |
| Trade receivables | 40 | €25,289 | €26,088 | +€799 | +3.2% |
| Other amounts receivable | 41 | €237 | €0 | -€237 | -100.0% |
| Current investments | 50/53 | €42,375 | €112,761 | +€70,386 | +166.1% |
| Cash at bank and in hand | 54/58 | €56,036 | €111,836 | +€55,800 | +99.6% |
| Deferred charges and accrued income | 490/1 | €30,151 | €30,159 | +€8 | 0.0% |
| Total equity and liabilities | 10/49 | €243,348 | €350,478 | +€107,129 | +44.0% |
| Equity | 10/15 | €136,092 | €263,394 | +€127,302 | +93.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,092 | €258,394 | +€127,302 | +97.1% |
| Distributable reserves | 133 | €131,092 | €258,394 | +€127,302 | +97.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €107,256 | €87,084 | -€20,172 | -18.8% |
| Amounts payable after more than one year | 17 | €17,084 | €0 | -€17,084 | -100.0% |
| Financial debts | 170/4 | €17,084 | €0 | -€17,084 | -100.0% |
| Amounts payable within one year | 42/48 | €90,172 | €87,084 | -€3,088 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €24,840 | €17,084 | -€7,756 | -31.2% |
| Trade debts | 44 | €2,089 | €1,341 | -€748 | -35.8% |
| Suppliers | 440/4 | €2,089 | €1,341 | -€748 | -35.8% |
| Taxes, remuneration and social security | 45 | €61,743 | €67,269 | +€5,525 | +8.9% |
| Taxes | 450/3 | €58,393 | €63,891 | +€5,498 | +9.4% |
| Remuneration and social security | 454/9 | €3,350 | €3,377 | +€27 | +0.8% |
| Other amounts payable | 47/48 | €1,500 | €1,390 | -€110 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,266 | €20,609 | +€8,343 | +68.0% |
| Other operating charges | 640/8 | €53 | €140 | +€87 | +163.7% |
| Gross operating margin | 9900 | €185,059 | €205,148 | +€20,089 | +10.9% |
| Operating profit (loss) | 9901 | €172,739 | €184,399 | +€11,660 | +6.7% |
| Financial income | 75/76B | €55 | €4,665 | +€4,610 | +8454.4% |
| Recurring financial income | 75 | €55 | €4,665 | +€4,610 | +8454.4% |
| Financial charges | 65/66B | €1,636 | €12,387 | +€10,751 | +657.2% |
| Recurring financial charges | 65 | €1,636 | €12,387 | +€10,751 | +657.2% |
| Profit (loss) for the period before taxes | 9903 | €171,158 | €176,677 | +€5,519 | +3.2% |
| Income taxes | 67/77 | €38,566 | €48,725 | +€10,159 | +26.3% |
| Profit (loss) for the period | 9904 | €132,592 | €127,952 | -€4,640 | -3.5% |
| Profit (loss) for the period to be appropriated | 9905 | €132,592 | €127,952 | -€4,640 | -3.5% |
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.