STRATTON: 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.
STRATTON
Largest movements
- Tangible fixed assets -€22,854
down €22,854 (-34.7%), from €65,786 to €42,932
of which Furniture and vehicles: -€13,885
- Cash -€22,810
no longer reported in 2025 (was €22,810)
mainly Net result for the year (-€298,550) and Tax, wage and social debts (-€7,743)
- Deferred charges and accrued income -€3,093
down €3,093 (-58.0%), from €5,338 to €2,245
- Profit (loss) carried forward -€298,550
down €298,550 (-324.8%), from -€91,909 to -€390,459
- Other debts +€257,424
up €257,424 (+296.1%), from €86,944 to €344,368
- Tax, wage and social debts -€7,743
down €7,743 (-21.8%), from €35,528 to €27,785
of which Taxes: -€7,216
- Debts after one year -€4,987
down €4,987 (-44.8%), from €11,121 to €6,134
- Gross operating margin -€161,515
down €161,515 (-639.8%), from -€25,244 to -€186,760
- Staff costs -€23,958
down €23,958 (-28.7%), from €83,489 to €59,530
- Other operating charges +€12,363
up €12,363 (+106.6%), from €11,599 to €23,962
- Depreciation -€4,334
down €4,334 (-15.6%), from €27,758 to €23,424
- Taxes -€2,416
down €2,416 (-92.0%), from €2,626 to €209
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 | €179,536 | €129,491 | -€50,045 | -27.9% |
| Fixed assets | 21/28 | €90,787 | €66,725 | -€24,062 | -26.5% |
| Intangible fixed assets | 21 | €1,369 | €160 | -€1,208 | -88.3% |
| Tangible fixed assets | 22/27 | €65,786 | €42,932 | -€22,854 | -34.7% |
| Plant, machinery and equipment | 23 | €12,275 | €4,458 | -€7,817 | -63.7% |
| Furniture and vehicles | 24 | €44,898 | €31,013 | -€13,885 | -30.9% |
| Other tangible fixed assets | 26 | €8,612 | €7,461 | -€1,152 | -13.4% |
| Financial fixed assets | 28 | €23,633 | €23,633 | = | 0.0% |
| Current assets | 29/58 | €88,750 | €62,766 | -€25,983 | -29.3% |
| Amounts receivable within one year | 40/41 | €60,602 | €60,521 | -€80 | -0.1% |
| Trade receivables | 40 | €40,299 | €59,106 | +€18,807 | +46.7% |
| Other amounts receivable | 41 | €20,303 | €1,416 | -€18,887 | -93.0% |
| Cash at bank and in hand | 54/58 | €22,810 | - | -€22,810 | |
| Deferred charges and accrued income | 490/1 | €5,338 | €2,245 | -€3,093 | -58.0% |
| Total equity and liabilities | 10/49 | €179,536 | €129,491 | -€50,045 | -27.9% |
| Equity | 10/15 | €1,992 | -€296,558 | -€298,550 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,301 | €75,301 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €73,441 | €73,441 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€91,909 | -€390,459 | -€298,550 | -324.8% |
| Amounts payable | 17/49 | €177,544 | €426,049 | +€248,505 | +140.0% |
| Amounts payable after more than one year | 17 | €11,121 | €6,134 | -€4,987 | -44.8% |
| Financial debts | 170/4 | €11,121 | €6,134 | -€4,987 | -44.8% |
| Amounts payable within one year | 42/48 | €165,334 | €418,259 | +€252,924 | +153.0% |
| Current portion of amounts payable after more than one year | 42 | €4,750 | €4,987 | +€237 | +5.0% |
| Financial debts | 43 | - | €1,534 | +€1,534 | |
| Credit institutions | 430/8 | - | €1,534 | +€1,534 | |
| Trade debts | 44 | €38,112 | €39,585 | +€1,473 | +3.9% |
| Suppliers | 440/4 | €38,112 | €39,585 | +€1,473 | +3.9% |
| Taxes, remuneration and social security | 45 | €35,528 | €27,785 | -€7,743 | -21.8% |
| Taxes | 450/3 | €18,252 | €11,036 | -€7,216 | -39.5% |
| Remuneration and social security | 454/9 | €17,277 | €16,749 | -€528 | -3.1% |
| Other amounts payable | 47/48 | €86,944 | €344,368 | +€257,424 | +296.1% |
| Accrued charges and deferred income | 492/3 | €1,089 | €1,657 | +€567 | +52.1% |
| Remuneration, social security and pensions | 62 | €83,489 | €59,530 | -€23,958 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,758 | €23,424 | -€4,334 | -15.6% |
| Other operating charges | 640/8 | €11,599 | €23,962 | +€12,363 | +106.6% |
| Gross operating margin | 9900 | -€25,244 | -€186,760 | -€161,515 | -639.8% |
| Operating profit (loss) | 9901 | -€148,090 | -€293,676 | -€145,586 | -98.3% |
| Financial income | 75/76B | €28 | €103 | +€74 | +260.3% |
| Recurring financial income | 75 | €28 | €103 | +€74 | +260.3% |
| Financial charges | 65/66B | €3,232 | €4,768 | +€1,536 | +47.5% |
| Recurring financial charges | 65 | €3,232 | €4,768 | +€1,536 | +47.5% |
| Profit (loss) for the period before taxes | 9903 | -€151,293 | -€298,341 | -€147,048 | -97.2% |
| Income taxes | 67/77 | €2,626 | €209 | -€2,416 | -92.0% |
| Profit (loss) for the period | 9904 | -€153,919 | -€298,550 | -€144,631 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€153,919 | -€298,550 | -€144,631 | -94.0% |
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.