STRELCO: 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.
STRELCO
Largest movements
- Cash -€22,155
down €22,155 (-23.4%), from €94,751 to €72,597
mainly Trade debts (-€33,052) and Accrued charges and deferred income (-€7,741)
- Receivables within one year -€22,094
down €22,094 (-53.3%), from €41,424 to €19,330
of which Trade receivables: -€12,717
- Trade debts -€33,052
down €33,052 (-27.1%), from €121,864 to €88,812
- Accrued charges and deferred income -€7,741
down €7,741 (-100.0%), from €7,741 to €0
- Other debts -€3,541
down €3,541 (-100.0%), from €3,541 to €0
- Purchases and services -€146,068
no longer reported in 2025 (was €146,068)
- Financial charges +€1,651
up €1,651 (+88.2%), from €1,872 to €3,523
- Gross operating margin -€641
down €641 (-14.0%), from €4,565 to €3,925
- Taxes -€636
down €636, from €497 to -€139
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €136,790 | €92,541 | -€44,249 | -32.3% |
| Formation expenses | 20 | €615 | €615 | = | 0.0% |
| Current assets | 29/58 | €136,175 | €91,926 | -€44,249 | -32.5% |
| Amounts receivable within one year | 40/41 | €41,424 | €19,330 | -€22,094 | -53.3% |
| Trade receivables | 40 | €17,575 | €4,858 | -€12,717 | -72.4% |
| Other amounts receivable | 41 | €23,849 | €14,472 | -€9,377 | -39.3% |
| Cash at bank and in hand | 54/58 | €94,751 | €72,597 | -€22,155 | -23.4% |
| Total equity and liabilities | 10/49 | €136,790 | €92,541 | -€44,249 | -32.3% |
| Equity | 10/15 | €3,147 | €3,288 | +€141 | +4.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €1,147 | €1,288 | +€141 | +12.3% |
| Amounts payable | 17/49 | €133,644 | €89,253 | -€44,390 | -33.2% |
| Amounts payable within one year | 42/48 | €125,902 | €89,253 | -€36,649 | -29.1% |
| Trade debts | 44 | €121,864 | €88,812 | -€33,052 | -27.1% |
| Suppliers | 440/4 | €121,864 | €88,812 | -€33,052 | -27.1% |
| Taxes, remuneration and social security | 45 | €497 | €442 | -€56 | -11.2% |
| Taxes | 450/3 | €497 | €442 | -€56 | -11.2% |
| Other amounts payable | 47/48 | €3,541 | €0 | -€3,541 | -100.0% |
| Accrued charges and deferred income | 492/3 | €7,741 | €0 | -€7,741 | -100.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,068 | - | -€146,068 | |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | €4,565 | €3,925 | -€641 | -14.0% |
| Operating profit (loss) | 9901 | €3,793 | €3,525 | -€269 | -7.1% |
| Financial income | 75/76B | €10 | €1 | -€10 | -94.1% |
| Recurring financial income | 75 | €10 | €1 | -€10 | -94.1% |
| Financial charges | 65/66B | €1,872 | €3,523 | +€1,651 | +88.2% |
| Recurring financial charges | 65 | €1,872 | €3,523 | +€1,651 | +88.2% |
| Profit (loss) for the period before taxes | 9903 | €1,932 | €2 | -€1,930 | -99.9% |
| Income taxes | 67/77 | €497 | -€139 | -€636 | |
| Profit (loss) for the period | 9904 | €1,435 | €141 | -€1,293 | -90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,435 | €141 | -€1,293 | -90.2% |
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 10 October 2026 via checked.be.