STRATO: what changed
STRATO
Largest movements
- Tangible fixed assets -€9,112
down €9,112 (-19.1%), from €47,697 to €38,585
of which Other tangible fixed assets: -€6,257
- Cash +€1,490
up €1,490 (+46.5%), from €3,205 to €4,695
mainly Depreciation (+€10,162) and Net result for the year (+€6,435)
- Receivables within one year +€1,348
up €1,348 (+6.1%), from €22,207 to €23,555
of which Trade receivables: +€5,048
- Other debts -€8,562
down €8,562 (-99.4%), from €8,618 to €55
- Reserves +€6,435
up €6,435 (+20.9%), from €30,721 to €37,155
- Debts after one year -€5,656
down €5,656 (-51.4%), from €11,015 to €5,358
- Trade debts +€2,756
up €2,756 (+149%), from €1,850 to €4,606
- Current portion of long-term debt -€1,703
down €1,703 (-23.1%), from €7,360 to €5,656
- Other operating charges +€988
up €988 (+86.7%), from €1,140 to €2,128
- Depreciation +€922
up €922 (+10.0%), from €9,241 to €10,162
- Gross operating margin -€862
down €862 (-3.2%), from €27,218 to €26,356
- Financial income -€742
down €742 (-83.3%), from €891 to €149
- Taxes +€372
up €372 (+8.0%), from €4,664 to €5,036
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €73,526 | €67,301 | -€6,225 | -8.5% |
| Fixed assets | 21/28 | €47,897 | €38,785 | -€9,112 | -19.0% |
| Tangible fixed assets | 22/27 | €47,697 | €38,585 | -€9,112 | -19.1% |
| Plant, machinery and equipment | 23 | €6,823 | €3,627 | -€3,196 | -46.8% |
| Furniture and vehicles | 24 | €1,622 | €1,963 | +€341 | +21.0% |
| Other tangible fixed assets | 26 | €39,252 | €32,995 | -€6,257 | -15.9% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €25,628 | €28,516 | +€2,888 | +11.3% |
| Amounts receivable within one year | 40/41 | €22,207 | €23,555 | +€1,348 | +6.1% |
| Trade receivables | 40 | €13,515 | €18,563 | +€5,048 | +37.4% |
| Other amounts receivable | 41 | €8,693 | €4,992 | -€3,700 | -42.6% |
| Cash at bank and in hand | 54/58 | €3,205 | €4,695 | +€1,490 | +46.5% |
| Deferred charges and accrued income | 490/1 | €216 | €266 | +€50 | +23.1% |
| Total equity and liabilities | 10/49 | €73,526 | €67,301 | -€6,225 | -8.5% |
| Equity | 10/15 | €35,571 | €42,005 | +€6,435 | +18.1% |
| Contributions | 10/11 | €4,850 | €4,850 | = | 0.0% |
| Reserves | 13 | €30,721 | €37,155 | +€6,435 | +20.9% |
| Distributable reserves | 133 | €30,721 | €37,155 | +€6,435 | +20.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €37,955 | €25,296 | -€12,659 | -33.4% |
| Amounts payable after more than one year | 17 | €11,015 | €5,358 | -€5,656 | -51.4% |
| Financial debts | 170/4 | €11,015 | €5,358 | -€5,656 | -51.4% |
| Amounts payable within one year | 42/48 | €26,941 | €19,938 | -€7,003 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €7,360 | €5,656 | -€1,703 | -23.1% |
| Financial debts | 43 | €1,165 | €1,167 | +€2 | +0.1% |
| Credit institutions | 430/8 | €1,165 | €1,167 | +€2 | +0.1% |
| Trade debts | 44 | €1,850 | €4,606 | +€2,756 | +149% |
| Suppliers | 440/4 | €1,850 | €4,606 | +€2,756 | +149% |
| Taxes, remuneration and social security | 45 | €7,949 | €8,454 | +€505 | +6.4% |
| Taxes | 450/3 | €7,949 | €8,454 | +€505 | +6.4% |
| Other amounts payable | 47/48 | €8,618 | €55 | -€8,562 | -99.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,241 | €10,162 | +€922 | +10.0% |
| Other operating charges | 640/8 | €1,140 | €2,128 | +€988 | +86.7% |
| Non-recurring operating charges | 66A | - | €298 | +€298 | |
| Gross operating margin | 9900 | €27,218 | €26,356 | -€862 | -3.2% |
| Operating profit (loss) | 9901 | €16,837 | €13,768 | -€3,069 | -18.2% |
| Financial income | 75/76B | €891 | €149 | -€742 | -83.3% |
| Recurring financial income | 75 | €891 | €149 | -€742 | -83.3% |
| Financial charges | 65/66B | €2,501 | €2,447 | -€54 | -2.2% |
| Recurring financial charges | 65 | €2,501 | €2,447 | -€54 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €15,228 | €11,470 | -€3,757 | -24.7% |
| Income taxes | 67/77 | €4,664 | €5,036 | +€372 | +8.0% |
| Profit (loss) for the period | 9904 | €10,564 | €6,435 | -€4,129 | -39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,564 | €6,435 | -€4,129 | -39.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.