STREEL-ELEC: 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.
STREEL-ELEC
Largest movements
- Receivables within one year +€28,781
up €28,781 (+7.8%), from €369,807 to €398,588
of which Other amounts receivable: +€31,871
- Tangible fixed assets +€7,383
up €7,383 (+249%), from €2,960 to €10,343
of which Furniture and vehicles: +€5,050
- Profit (loss) carried forward +€57,977
up €57,977 (+24.3%), from €238,598 to €296,575
- Trade debts -€22,453
down €22,453 (-94.0%), from €23,877 to €1,424
- Current portion of long-term debt -€9,561
down €9,561 (-65.7%), from €14,545 to €4,983
- Other debts +€7,618
up €7,618 (+21.8%), from €35,013 to €42,631
- Gross operating margin +€31,789
up €31,789 (+58.2%), from €54,657 to €86,445
- Staff costs -€3,828
down €3,828 (-18.3%), from €20,954 to €17,126
- Taxes +€2,588
up €2,588 (+43.2%), from €5,994 to €8,582
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 | €380,495 | €416,299 | +€35,804 | +9.4% |
| Fixed assets | 21/28 | €3,110 | €10,493 | +€7,383 | +237% |
| Tangible fixed assets | 22/27 | €2,960 | €10,343 | +€7,383 | +249% |
| Land and buildings | 22 | - | €2,703 | +€2,703 | |
| Furniture and vehicles | 24 | - | €5,050 | +€5,050 | |
| Other tangible fixed assets | 26 | €2,960 | €2,590 | -€370 | -12.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €377,385 | €405,805 | +€28,420 | +7.5% |
| Amounts receivable within one year | 40/41 | €369,807 | €398,588 | +€28,781 | +7.8% |
| Trade receivables | 40 | €4,458 | €1,368 | -€3,090 | -69.3% |
| Other amounts receivable | 41 | €365,349 | €397,219 | +€31,871 | +8.7% |
| Cash at bank and in hand | 54/58 | €7,578 | €7,218 | -€361 | -4.8% |
| Total equity and liabilities | 10/49 | €380,495 | €416,299 | +€35,804 | +9.4% |
| Equity | 10/15 | €301,799 | €359,776 | +€57,977 | +19.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €44,609 | €44,609 | = | 0.0% |
| Non-distributable reserves | 130/1 | €44,609 | €44,609 | = | 0.0% |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €42,750 | €44,609 | +€1,859 | +4.3% |
| Profit (loss) carried forward | 14 | €238,598 | €296,575 | +€57,977 | +24.3% |
| Amounts payable | 17/49 | €78,696 | €56,523 | -€22,173 | -28.2% |
| Amounts payable within one year | 42/48 | €78,696 | €56,523 | -€22,173 | -28.2% |
| Current portion of amounts payable after more than one year | 42 | €14,545 | €4,983 | -€9,561 | -65.7% |
| Trade debts | 44 | €23,877 | €1,424 | -€22,453 | -94.0% |
| Suppliers | 440/4 | €23,877 | €1,424 | -€22,453 | -94.0% |
| Taxes, remuneration and social security | 45 | €5,261 | €7,484 | +€2,223 | +42.2% |
| Taxes | 450/3 | €468 | €4,978 | +€4,510 | +963% |
| Remuneration and social security | 454/9 | €4,793 | €2,506 | -€2,288 | -47.7% |
| Other amounts payable | 47/48 | €35,013 | €42,631 | +€7,618 | +21.8% |
| Remuneration, social security and pensions | 62 | €20,954 | €17,126 | -€3,828 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,897 | €1,168 | -€729 | -38.4% |
| Other operating charges | 640/8 | €385 | €572 | +€187 | +48.6% |
| Gross operating margin | 9900 | €54,657 | €86,445 | +€31,789 | +58.2% |
| Operating profit (loss) | 9901 | €31,421 | €67,579 | +€36,158 | +115% |
| Financial income | 75/76B | €0 | €1 | +€0 | +86.7% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +86.7% |
| Financial charges | 65/66B | €1,221 | €1,021 | -€200 | -16.3% |
| Recurring financial charges | 65 | €1,221 | €1,021 | -€200 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €30,200 | €66,558 | +€36,358 | +120% |
| Income taxes | 67/77 | €5,994 | €8,582 | +€2,588 | +43.2% |
| Profit (loss) for the period | 9904 | €24,206 | €57,977 | +€33,771 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €24,206 | €57,977 | +€33,771 | +140% |
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 29 October 2026 via checked.be.