Stratier: 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.
Stratier
Largest movements
- Cash -€59,271
down €59,271 (-42.5%), from €139,334 to €80,063
mainly Contributions, distributions and other (-€1.0m) and Receivables within one year (-€12,865)
- Current investments -€14,844
down €14,844 (-1.8%), from €803,821 to €788,977
- Receivables within one year +€12,865
up €12,865 (+48.6%), from €26,483 to €39,348
of which Other amounts receivable: +€14,193
- Tangible fixed assets -€11,881
down €11,881 (-37.9%), from €31,308 to €19,427
of which Furniture and vehicles: -€10,148
- Reserves -€859,580
down €859,580 (-98.7%), from €871,265 to €11,686
- Other debts +€780,312
up €780,312 (+733.5%), from €106,378 to €886,689
- Financial income -€136,878
down €136,878 (-94.2%), from €145,267 to €8,389
- Gross operating margin -€75,255
down €75,255 (-27.9%), from €269,760 to €194,505
- Taxes -€19,089
down €19,089 (-28.9%), from €66,096 to €47,007
- Financial charges -€2,707
down €2,707 (-70.6%), from €3,833 to €1,126
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 | €1,002,468 | €930,210 | -€72,258 | -7.2% |
| Fixed assets | 21/28 | €31,308 | €19,427 | -€11,881 | -37.9% |
| Tangible fixed assets | 22/27 | €31,308 | €19,427 | -€11,881 | -37.9% |
| Furniture and vehicles | 24 | €29,291 | €19,143 | -€10,148 | -34.6% |
| Other tangible fixed assets | 26 | €2,017 | €284 | -€1,733 | -85.9% |
| Current assets | 29/58 | €971,160 | €910,783 | -€60,377 | -6.2% |
| Amounts receivable within one year | 40/41 | €26,483 | €39,348 | +€12,865 | +48.6% |
| Trade receivables | 40 | €25,716 | €24,388 | -€1,328 | -5.2% |
| Other amounts receivable | 41 | €767 | €14,960 | +€14,193 | +1849.7% |
| Current investments | 50/53 | €803,821 | €788,977 | -€14,844 | -1.8% |
| Cash at bank and in hand | 54/58 | €139,334 | €80,063 | -€59,271 | -42.5% |
| Deferred charges and accrued income | 490/1 | €1,521 | €2,395 | +€874 | +57.4% |
| Total equity and liabilities | 10/49 | €1,002,468 | €930,210 | -€72,258 | -7.2% |
| Equity | 10/15 | €889,865 | €30,286 | -€859,580 | -96.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €871,265 | €11,686 | -€859,580 | -98.7% |
| Distributable reserves | 133 | €871,265 | €11,686 | -€859,580 | -98.7% |
| Amounts payable | 17/49 | €112,603 | €899,924 | +€787,322 | +699.2% |
| Amounts payable within one year | 42/48 | €112,603 | €899,515 | +€786,912 | +698.8% |
| Financial debts | 43 | €317 | €582 | +€265 | +83.7% |
| Credit institutions | 430/8 | €317 | €582 | +€265 | +83.7% |
| Trade debts | 44 | €2,539 | €1,706 | -€833 | -32.8% |
| Suppliers | 440/4 | €2,539 | €1,706 | -€833 | -32.8% |
| Taxes, remuneration and social security | 45 | €3,369 | €10,538 | +€7,169 | +212.8% |
| Taxes | 450/3 | €3,369 | €10,538 | +€7,169 | +212.8% |
| Other amounts payable | 47/48 | €106,378 | €886,689 | +€780,312 | +733.5% |
| Accrued charges and deferred income | 492/3 | - | €409 | +€409 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,894 | €13,326 | -€567 | -4.1% |
| Other operating charges | 640/8 | €927 | €1,015 | +€88 | +9.5% |
| Gross operating margin | 9900 | €269,760 | €194,505 | -€75,255 | -27.9% |
| Operating profit (loss) | 9901 | €254,940 | €180,165 | -€74,775 | -29.3% |
| Financial income | 75/76B | €145,267 | €8,389 | -€136,878 | -94.2% |
| Recurring financial income | 75 | €145,267 | €8,389 | -€136,878 | -94.2% |
| Financial charges | 65/66B | €3,833 | €1,126 | -€2,707 | -70.6% |
| Recurring financial charges | 65 | €3,833 | €1,126 | -€2,707 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €396,373 | €187,427 | -€208,946 | -52.7% |
| Income taxes | 67/77 | €66,096 | €47,007 | -€19,089 | -28.9% |
| Profit (loss) for the period | 9904 | €330,278 | €140,420 | -€189,858 | -57.5% |
| Profit (loss) for the period to be appropriated | 9905 | €330,278 | €140,420 | -€189,858 | -57.5% |
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 8 October 2026 via checked.be.