STRELA: 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.
STRELA
Largest movements
- Cash -€49,693
down €49,693 (-89.9%), from €55,284 to €5,591
mainly Other debts (-€48,367) and Debts after one year (-€12,468)
- Tangible fixed assets -€5,950
down €5,950 (-4.4%), from €135,014 to €129,064
- Other debts -€48,367
down €48,367 (-23.3%), from €207,499 to €159,132
- Debts after one year -€12,468
down €12,468 (-31.7%), from €39,344 to €26,876
of which Financial debts: -€13,368
- Profit (loss) carried forward +€4,668
up €4,668 (+12.5%), from -€37,381 to -€32,713
- Gross operating margin +€1,014
up €1,014 (+8.6%), from €11,796 to €12,810
- Financial charges -€503
down €503 (-21.9%), from €2,291 to €1,788
- Other operating charges +€403
new in 2024: €403
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €236,298 | €180,655 | -€55,643 | -23.5% |
| Fixed assets | 21/28 | €135,014 | €129,064 | -€5,950 | -4.4% |
| Tangible fixed assets | 22/27 | €135,014 | €129,064 | -€5,950 | -4.4% |
| Land and buildings | 22 | €135,014 | €129,064 | -€5,950 | -4.4% |
| Current assets | 29/58 | €101,284 | €51,591 | -€49,693 | -49.1% |
| Amounts receivable within one year | 40/41 | €46,000 | €46,000 | = | 0.0% |
| Other amounts receivable | 41 | €46,000 | €46,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €55,284 | €5,591 | -€49,693 | -89.9% |
| Total equity and liabilities | 10/49 | €236,298 | €180,655 | -€55,643 | -23.5% |
| Equity | 10/15 | -€24,981 | -€20,313 | +€4,668 | +18.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,381 | -€32,713 | +€4,668 | +12.5% |
| Amounts payable | 17/49 | €261,279 | €200,968 | -€60,311 | -23.1% |
| Amounts payable after more than one year | 17 | €39,344 | €26,876 | -€12,468 | -31.7% |
| Financial debts | 170/4 | €36,844 | €23,476 | -€13,368 | -36.3% |
| Other amounts payable | 178/9 | €2,500 | €3,400 | +€900 | +36.0% |
| Amounts payable within one year | 42/48 | €221,935 | €174,092 | -€47,844 | -21.6% |
| Current portion of amounts payable after more than one year | 42 | €12,853 | €13,368 | +€514 | +4.0% |
| Trade debts | 44 | €1,583 | €1,592 | +€9 | +0.6% |
| Suppliers | 440/4 | €1,583 | €1,592 | +€9 | +0.6% |
| Other amounts payable | 47/48 | €207,499 | €159,132 | -€48,367 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,950 | €5,950 | = | 0.0% |
| Other operating charges | 640/8 | - | €403 | +€403 | |
| Gross operating margin | 9900 | €11,796 | €12,810 | +€1,014 | +8.6% |
| Operating profit (loss) | 9901 | €5,845 | €6,456 | +€611 | +10.5% |
| Financial charges | 65/66B | €2,291 | €1,788 | -€503 | -21.9% |
| Recurring financial charges | 65 | €2,291 | €1,788 | -€503 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €3,555 | €4,668 | +€1,114 | +31.3% |
| Profit (loss) for the period | 9904 | €3,555 | €4,668 | +€1,114 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,555 | €4,668 | +€1,114 | +31.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.