STRAUVEN: 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.
What changed
STRAUVEN
NACE 68.110, Buying and selling of own real estate
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€225,655
2024 · -€442,803+€217,148
Equity
€4.4m
2024 · €4.7m-€240,304
Cash
€10,476
2024 · €6,325+€4,150
Balance sheet total
€16.2m
2024 · €17.2m-€1.1m
Largest movements
Assets
- Tangible fixed assets -€1.0m
down €1.0m (-6.0%), from €17.2m to €16.1m
Equity and liabilities
- Current portion of long-term debt -€2.4m
down €2.4m (-84.8%), from €2.8m to €430,380
- Debts after one year +€2.0m
up €2.0m (+25.8%), from €7.9m to €9.9m
of which Financial debts: +€2.0m
- Trade debts -€704,244
down €704,244 (-92.5%), from €761,330 to €57,086
- Other debts +€269,083
up €269,083 (+37.0%), from €726,382 to €995,465
- Profit (loss) carried forward -€198,496
down €198,496 (-6.2%), from -€3.2m to -€3.4m
Income statement
- Financial charges -€137,688
down €137,688 (-29.2%), from €472,235 to €334,547
- Gross operating margin +€127,164
up €127,164 (+16.5%), from €770,938 to €898,102
- Depreciation +€44,005
up €44,005 (+6.3%), from €700,669 to €744,674
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.
Result 2024
-€442,803
Gross operating margin
+€127,164
Depreciation
-€44,005
Other operating charges
-€5,682
Financial income
+€1,983
Financial charges
+€137,688
Result 2025
-€225,655
raises the resultlowers the result
Derived cash bridge
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.
From operations
+€124,590
Investment
+€277,054
Financing
-€397,494
Cash 2024
€6,325
From operations (derived)
+€124,590
Net result for the year
-€225,655
Depreciation
+€744,674
Receivables within one year
+€50,116
Smaller working-capital items
-€330
Provisions
-€9,053
Trade debts
-€704,244
Other debts
+€269,083
Investment (derived)
+€277,054
Investment in fixed assets (net)
+€277,054
Financing
-€397,494
Debts after one year
+€2.0m
Current portion of long-term debt
-€2.4m
Short-term financial debts
-€9,940
Contributions, distributions and other
-€14,649
Cash 2025
€10,476
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,239,082 | €16,171,954 | -€1.1m | -6.2% |
| Fixed assets | 21/28 | €17,170,787 | €16,149,059 | -€1.0m | -6.0% |
| Tangible fixed assets | 22/27 | €17,170,537 | €16,148,809 | -€1.0m | -6.0% |
| Land and buildings | 22 | €17,170,537 | €16,148,809 | -€1.0m | -6.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €68,295 | €22,895 | -€45,400 | -66.5% |
| Amounts receivable within one year | 40/41 | €58,576 | €8,460 | -€50,116 | -85.6% |
| Trade receivables | 40 | €58,576 | €8,460 | -€50,116 | -85.6% |
| Cash at bank and in hand | 54/58 | €6,325 | €10,476 | +€4,150 | +65.6% |
| Deferred charges and accrued income | 490/1 | €3,394 | €3,960 | +€565 | +16.7% |
| Total equity and liabilities | 10/49 | €17,239,082 | €16,171,954 | -€1.1m | -6.2% |
| Equity | 10/15 | €4,659,008 | €4,418,704 | -€240,304 | -5.2% |
| Contributions | 10/11 | €1,018,592 | €1,018,592 | = | 0.0% |
| Capital | 10 | €1,018,592 | €1,018,592 | = | 0.0% |
| Issued capital | 100 | €1,018,592 | €1,018,592 | = | 0.0% |
| Revaluation surpluses | 12 | €5,840,000 | €5,840,000 | = | 0.0% |
| Reserves | 13 | €839,461 | €812,302 | -€27,159 | -3.2% |
| Non-distributable reserves | 130/1 | €2,056 | €2,056 | = | 0.0% |
| Legal reserve | 130 | €2,056 | €2,056 | = | 0.0% |
| Tax-exempt reserves | 132 | €837,405 | €810,246 | -€27,159 | -3.2% |
| Profit (loss) carried forward | 14 | -€3,221,804 | -€3,420,300 | -€198,496 | -6.2% |
| Investment grants | 15 | €182,759 | €168,110 | -€14,649 | -8.0% |
| Provisions and deferred taxes | 16 | €279,135 | €270,082 | -€9,053 | -3.2% |
| Deferred taxes | 168 | €279,135 | €270,082 | -€9,053 | -3.2% |
| Amounts payable | 17/49 | €12,300,938 | €11,483,168 | -€817,771 | -6.6% |
| Amounts payable after more than one year | 17 | €7,877,992 | €9,911,900 | +€2.0m | +25.8% |
| Financial debts | 170/4 | €7,851,852 | €9,886,110 | +€2.0m | +25.9% |
| Other amounts payable | 178/9 | €26,140 | €25,790 | -€350 | -1.3% |
| Amounts payable within one year | 42/48 | €4,385,283 | €1,532,132 | -€2.9m | -65.1% |
| Current portion of amounts payable after more than one year | 42 | €2,837,192 | €430,380 | -€2.4m | -84.8% |
| Financial debts | 43 | €57,541 | €47,600 | -€9,940 | -17.3% |
| Credit institutions | 430/8 | €57,541 | - | -€57,541 | |
| Other loans | 439 | - | €47,600 | +€47,600 | |
| Trade debts | 44 | €761,330 | €57,086 | -€704,244 | -92.5% |
| Suppliers | 440/4 | €761,330 | €57,086 | -€704,244 | -92.5% |
| Taxes, remuneration and social security | 45 | €2,838 | €1,600 | -€1,238 | -43.6% |
| Taxes | 450/3 | €2,838 | €1,600 | -€1,238 | -43.6% |
| Other amounts payable | 47/48 | €726,382 | €995,465 | +€269,083 | +37.0% |
| Accrued charges and deferred income | 492/3 | €37,663 | €39,136 | +€1,473 | +3.9% |
| Non-recurring operating income | 76A | €12,500 | - | -€12,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700,669 | €744,674 | +€44,005 | +6.3% |
| Other operating charges | 640/8 | €62,559 | €68,241 | +€5,682 | +9.1% |
| Gross operating margin | 9900 | €770,938 | €898,102 | +€127,164 | +16.5% |
| Operating profit (loss) | 9901 | €7,710 | €85,188 | +€77,477 | +1,005% |
| Financial income | 75/76B | €12,668 | €14,651 | +€1,983 | +15.7% |
| Recurring financial income | 75 | €12,668 | €14,651 | +€1,983 | +15.7% |
| Financial charges | 65/66B | €472,235 | €334,547 | -€137,688 | -29.2% |
| Recurring financial charges | 65 | €472,235 | €334,547 | -€137,688 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | -€451,856 | -€234,708 | +€217,148 | +48.1% |
| Transfer from deferred taxes | 780 | €9,053 | €9,053 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€442,803 | -€225,655 | +€217,148 | +49.0% |
| Transfer from tax-exempt reserves | 789 | €27,159 | €27,159 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€415,644 | -€198,496 | +€217,148 | +52.2% |
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 21 October 2026 via checked.be.