STREED: 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.
STREED
Largest movements
- Receivables within one year -€71,787
down €71,787 (-84.9%), from €84,544 to €12,757
of which Trade receivables: -€55,836
- Cash +€56,283
up €56,283 (+79.1%), from €71,172 to €127,455
mainly Receivables within one year (+€71,787) and Net result for the year (+€52,353)
- Other debts -€25,000
down €25,000 (-41.7%), from €60,000 to €35,000
- Tax, wage and social debts +€7,108
up €7,108 (+20.5%), from €34,592 to €41,700
- Profit (loss) carried forward +€2,353
up €2,353 (+24.3%), from €9,666 to €12,019
- Gross operating margin -€38,537
down €38,537 (-32.4%), from €118,890 to €80,353
- Taxes -€1,570
down €1,570 (-5.8%), from €26,845 to €25,275
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 | €164,310 | €148,003 | -€16,307 | -9.9% |
| Fixed assets | 21/28 | €6,998 | €6,379 | -€619 | -8.8% |
| Tangible fixed assets | 22/27 | €6,998 | €6,379 | -€619 | -8.8% |
| Furniture and vehicles | 24 | €6,998 | €6,379 | -€619 | -8.8% |
| Current assets | 29/58 | €157,312 | €141,624 | -€15,688 | -10.0% |
| Amounts receivable within one year | 40/41 | €84,544 | €12,757 | -€71,787 | -84.9% |
| Trade receivables | 40 | €66,556 | €10,720 | -€55,836 | -83.9% |
| Other amounts receivable | 41 | €17,988 | €2,037 | -€15,951 | -88.7% |
| Cash at bank and in hand | 54/58 | €71,172 | €127,455 | +€56,283 | +79.1% |
| Deferred charges and accrued income | 490/1 | €1,596 | €1,412 | -€184 | -11.5% |
| Total equity and liabilities | 10/49 | €164,310 | €148,003 | -€16,307 | -9.9% |
| Equity | 10/15 | €68,266 | €70,619 | +€2,353 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,666 | €12,019 | +€2,353 | +24.3% |
| Amounts payable | 17/49 | €96,044 | €77,384 | -€18,660 | -19.4% |
| Amounts payable within one year | 42/48 | €96,044 | €77,384 | -€18,660 | -19.4% |
| Trade debts | 44 | €1,452 | €684 | -€768 | -52.9% |
| Suppliers | 440/4 | €1,452 | €684 | -€768 | -52.9% |
| Taxes, remuneration and social security | 45 | €34,592 | €41,700 | +€7,108 | +20.5% |
| Taxes | 450/3 | €34,592 | €41,700 | +€7,108 | +20.5% |
| Other amounts payable | 47/48 | €60,000 | €35,000 | -€25,000 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,487 | €3,446 | +€959 | +38.6% |
| Gross operating margin | 9900 | €118,890 | €80,353 | -€38,537 | -32.4% |
| Operating profit (loss) | 9901 | €116,403 | €76,907 | -€39,496 | -33.9% |
| Financial income | 75/76B | €579 | €801 | +€222 | +38.3% |
| Recurring financial income | 75 | €579 | €801 | +€222 | +38.3% |
| Financial charges | 65/66B | €72 | €80 | +€8 | +11.1% |
| Recurring financial charges | 65 | €72 | €80 | +€8 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €116,910 | €77,628 | -€39,282 | -33.6% |
| Income taxes | 67/77 | €26,845 | €25,275 | -€1,570 | -5.8% |
| Profit (loss) for the period | 9904 | €90,065 | €52,353 | -€37,712 | -41.9% |
| Profit (loss) for the period to be appropriated | 9905 | €90,065 | €52,353 | -€37,712 | -41.9% |
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 3 October 2026 via checked.be.