STRAVIGES: 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.
STRAVIGES
Largest movements
- Receivables within one year +€105,746
up €105,746 (+70.3%), from €150,493 to €256,239
of which Other amounts receivable: +€109,691
- Tangible fixed assets -€23,133
down €23,133 (-23.1%), from €100,093 to €76,960
of which Furniture and vehicles: -€22,675
- Reserves +€139,016
up €139,016 (+23.3%), from €596,282 to €735,298
- Debts after one year -€20,729
down €20,729 (-29.3%), from €70,859 to €50,131
- Short-term financial debts -€20,662
down €20,662 (-57.3%), from €36,082 to €15,420
- Financial income +€9,491
up €9,491 (+477%), from €1,988 to €11,479
- Taxes +€5,493
up €5,493 (+8.4%), from €65,535 to €71,027
- Depreciation +€5,328
up €5,328 (+29.9%), from €17,805 to €23,133
- Gross operating margin +€2,536
up €2,536 (+1.1%), from €226,620 to €229,155
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €843,615 | €934,120 | +€90,505 | +10.7% |
| Fixed assets | 21/28 | €685,489 | €662,356 | -€23,133 | -3.4% |
| Tangible fixed assets | 22/27 | €100,093 | €76,960 | -€23,133 | -23.1% |
| Furniture and vehicles | 24 | €96,029 | €73,354 | -€22,675 | -23.6% |
| Other tangible fixed assets | 26 | €4,063 | €3,606 | -€457 | -11.3% |
| Financial fixed assets | 28 | €585,397 | €585,397 | = | 0.0% |
| Current assets | 29/58 | €158,126 | €271,764 | +€113,638 | +71.9% |
| Amounts receivable within one year | 40/41 | €150,493 | €256,239 | +€105,746 | +70.3% |
| Trade receivables | 40 | €68,575 | €64,630 | -€3,945 | -5.8% |
| Other amounts receivable | 41 | €81,918 | €191,609 | +€109,691 | +134% |
| Cash at bank and in hand | 54/58 | €4,806 | €12,934 | +€8,127 | +169% |
| Deferred charges and accrued income | 490/1 | €2,827 | €2,591 | -€236 | -8.3% |
| Total equity and liabilities | 10/49 | €843,615 | €934,120 | +€90,505 | +10.7% |
| Equity | 10/15 | €606,470 | €745,486 | +€139,016 | +22.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €596,282 | €735,298 | +€139,016 | +23.3% |
| Distributable reserves | 133 | €596,282 | €735,298 | +€139,016 | +23.3% |
| Profit (loss) carried forward | 14 | €5,188 | €5,188 | = | 0.0% |
| Amounts payable | 17/49 | €237,146 | €188,634 | -€48,511 | -20.5% |
| Amounts payable after more than one year | 17 | €70,859 | €50,131 | -€20,729 | -29.3% |
| Financial debts | 170/4 | €70,859 | €50,131 | -€20,729 | -29.3% |
| Amounts payable within one year | 42/48 | €166,286 | €138,503 | -€27,783 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | €19,832 | €20,729 | +€897 | +4.5% |
| Financial debts | 43 | €36,082 | €15,420 | -€20,662 | -57.3% |
| Credit institutions | 430/8 | €36,082 | €15,420 | -€20,662 | -57.3% |
| Trade debts | 44 | €768 | €1,248 | +€480 | +62.5% |
| Suppliers | 440/4 | €768 | €1,248 | +€480 | +62.5% |
| Taxes, remuneration and social security | 45 | €53,140 | €53,063 | -€76 | -0.1% |
| Taxes | 450/3 | €53,140 | €47,821 | -€5,318 | -10.0% |
| Remuneration and social security | 454/9 | - | €5,242 | +€5,242 | |
| Other amounts payable | 47/48 | €56,465 | €48,044 | -€8,421 | -14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,805 | €23,133 | +€5,328 | +29.9% |
| Other operating charges | 640/8 | €680 | €1,283 | +€603 | +88.6% |
| Gross operating margin | 9900 | €226,620 | €229,155 | +€2,536 | +1.1% |
| Operating profit (loss) | 9901 | €208,135 | €204,739 | -€3,395 | -1.6% |
| Financial income | 75/76B | €1,988 | €11,479 | +€9,491 | +477% |
| Recurring financial income | 75 | €1,988 | €11,479 | +€9,491 | +477% |
| Financial charges | 65/66B | €6,974 | €6,175 | -€799 | -11.5% |
| Recurring financial charges | 65 | €6,974 | €6,175 | -€799 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €203,149 | €210,043 | +€6,894 | +3.4% |
| Income taxes | 67/77 | €65,535 | €71,027 | +€5,493 | +8.4% |
| Profit (loss) for the period | 9904 | €137,615 | €139,016 | +€1,402 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €137,615 | €139,016 | +€1,402 | +1.0% |
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 31 October 2026 via checked.be.