STRAVO: what changed
Two fiscal 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.
STRAVO
Largest movements
- Current investments -€51,170
down €51,170 (-18.4%), from €277,754 to €226,584
- Profit (loss) carried forward -€204,829
down €204,829 (-85.9%), from €238,500 to €33,671
- Other debts +€131,679
new in 2025: €131,679
- Tax, wage and social debts +€33,444
new in 2025: €33,444
- Reserves -€15,000
down €15,000 (-8.8%), from €171,000 to €156,000
- Gross operating margin -€11,415
down €11,415 (-9.4%), from €121,655 to €110,241
- Taxes -€2,956
down €2,956 (-11.6%), from €25,430 to €22,474
- Staff costs -€2,750
down €2,750 (-84.6%), from €3,250 to €500
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 | €409,560 | €357,724 | -€51,836 | -12.7% |
| Fixed assets | 21/28 | €88,224 | €91,480 | +€3,256 | +3.7% |
| Tangible fixed assets | 22/27 | €8,224 | €11,480 | +€3,256 | +39.6% |
| Plant, machinery and equipment | 23 | €3,003 | €6,121 | +€3,118 | +103.8% |
| Furniture and vehicles | 24 | €5,221 | €5,359 | +€138 | +2.6% |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Current assets | 29/58 | €321,336 | €266,244 | -€55,091 | -17.1% |
| Amounts receivable within one year | 40/41 | €25,350 | €23,674 | -€1,675 | -6.6% |
| Trade receivables | 40 | €20,655 | €21,149 | +€494 | +2.4% |
| Other amounts receivable | 41 | €4,695 | €2,526 | -€2,169 | -46.2% |
| Current investments | 50/53 | €277,754 | €226,584 | -€51,170 | -18.4% |
| Cash at bank and in hand | 54/58 | €18,232 | €15,986 | -€2,246 | -12.3% |
| Total equity and liabilities | 10/49 | €409,560 | €357,724 | -€51,836 | -12.7% |
| Equity | 10/15 | €409,500 | €189,671 | -€219,829 | -53.7% |
| Reserves | 13 | €171,000 | €156,000 | -€15,000 | -8.8% |
| Distributable reserves | 133 | €171,000 | €156,000 | -€15,000 | -8.8% |
| Profit (loss) carried forward | 14 | €238,500 | €33,671 | -€204,829 | -85.9% |
| Amounts payable | 17/49 | €60 | €168,054 | +€167,994 | +279802.6% |
| Amounts payable within one year | 42/48 | €60 | €168,054 | +€167,994 | +279802.6% |
| Trade debts | 44 | €60 | €2,931 | +€2,871 | +4781.2% |
| Suppliers | 440/4 | €60 | €2,931 | +€2,871 | +4781.2% |
| Taxes, remuneration and social security | 45 | - | €33,444 | +€33,444 | |
| Taxes | 450/3 | - | €33,444 | +€33,444 | |
| Other amounts payable | 47/48 | - | €131,679 | +€131,679 | |
| Remuneration, social security and pensions | 62 | €3,250 | €500 | -€2,750 | -84.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,745 | €2,632 | -€113 | -4.1% |
| Non-recurring operating charges | 66A | - | €1,962 | +€1,962 | |
| Gross operating margin | 9900 | €121,655 | €110,241 | -€11,415 | -9.4% |
| Operating profit (loss) | 9901 | €115,660 | €105,147 | -€10,513 | -9.1% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €230 | €530 | +€300 | +130.1% |
| Recurring financial charges | 65 | €230 | €530 | +€300 | +130.1% |
| Profit (loss) for the period before taxes | 9903 | €115,430 | €104,645 | -€10,785 | -9.3% |
| Income taxes | 67/77 | €25,430 | €22,474 | -€2,956 | -11.6% |
| Profit (loss) for the period | 9904 | €90,000 | €82,171 | -€7,829 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €90,000 | €82,171 | -€7,829 | -8.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.