STRATOFINE: 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.
STRATOFINE
Largest movements
- Cash +€158,721
up €158,721 (+114.3%), from €138,813 to €297,534
mainly Net result for the year (+€95,732) and Tax, wage and social debts (+€32,394)
- Deferred charges and accrued income -€8,716
down €8,716 (-47.2%), from €18,464 to €9,749
- Reserves +€48,000
up €48,000 (+40.3%), from €119,131 to €167,131
- Profit (loss) carried forward +€47,732
new in 2025: €47,732
- Tax, wage and social debts +€32,394
up €32,394 (+52.0%), from €62,271 to €94,665
- Provisions +€21,083
new in 2025: €21,083
- Provisions +€21,083
new in 2025: €21,083
- Gross operating margin -€19,582
down €19,582 (-11.5%), from €169,833 to €150,251
- Taxes -€16,988
down €16,988 (-34.5%), from €49,265 to €32,277
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 | €188,150 | €335,612 | +€147,461 | +78.4% |
| Current assets | 29/58 | €188,150 | €335,612 | +€147,461 | +78.4% |
| Amounts receivable within one year | 40/41 | €30,873 | €28,329 | -€2,544 | -8.2% |
| Trade receivables | 40 | €29,928 | €27,469 | -€2,459 | -8.2% |
| Other amounts receivable | 41 | €944 | €859 | -€85 | -9.0% |
| Cash at bank and in hand | 54/58 | €138,813 | €297,534 | +€158,721 | +114.3% |
| Deferred charges and accrued income | 490/1 | €18,464 | €9,749 | -€8,716 | -47.2% |
| Total equity and liabilities | 10/49 | €188,150 | €335,612 | +€147,461 | +78.4% |
| Equity | 10/15 | €124,131 | €219,863 | +€95,732 | +77.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €119,131 | €167,131 | +€48,000 | +40.3% |
| Distributable reserves | 133 | €119,131 | €167,131 | +€48,000 | +40.3% |
| Profit (loss) carried forward | 14 | - | €47,732 | +€47,732 | |
| Provisions and deferred taxes | 16 | - | €21,083 | +€21,083 | |
| Provisions for liabilities and charges | 160/5 | - | €21,083 | +€21,083 | |
| Other liabilities and charges | 164/5 | - | €21,083 | +€21,083 | |
| Amounts payable | 17/49 | €64,019 | €94,665 | +€30,646 | +47.9% |
| Amounts payable within one year | 42/48 | €64,019 | €94,665 | +€30,646 | +47.9% |
| Trade debts | 44 | €1,748 | - | -€1,748 | |
| Suppliers | 440/4 | €1,748 | - | -€1,748 | |
| Taxes, remuneration and social security | 45 | €62,271 | €94,665 | +€32,394 | +52.0% |
| Taxes | 450/3 | €62,271 | €94,665 | +€32,394 | +52.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €21,083 | +€21,083 | |
| Other operating charges | 640/8 | €235 | €111 | -€124 | -52.8% |
| Gross operating margin | 9900 | €169,833 | €150,251 | -€19,582 | -11.5% |
| Operating profit (loss) | 9901 | €169,598 | €129,057 | -€40,541 | -23.9% |
| Financial income | 75/76B | €82 | €191 | +€109 | +133.6% |
| Recurring financial income | 75 | €82 | €191 | +€109 | +133.6% |
| Financial charges | 65/66B | €1,284 | €1,239 | -€45 | -3.5% |
| Recurring financial charges | 65 | €1,284 | €1,239 | -€45 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €168,396 | €128,009 | -€40,387 | -24.0% |
| Income taxes | 67/77 | €49,265 | €32,277 | -€16,988 | -34.5% |
| Profit (loss) for the period | 9904 | €119,131 | €95,732 | -€23,399 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €119,131 | €95,732 | -€23,399 | -19.6% |
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 12 October 2026 via checked.be.