Stresske: 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.
Stresske
Largest movements
- Receivables within one year +€63,455
up €63,455 (+53.3%), from €119,079 to €182,534
of which Trade receivables: +€38,165
- Tangible fixed assets -€53,146
down €53,146 (-22.0%), from €241,142 to €187,995
of which Plant, machinery and equipment: -€44,190
- Cash +€24,521
up €24,521 (+7.1%), from €347,621 to €372,142
mainly Depreciation (+€99,399) and Net result for the year (+€85,774)
- Stocks and contracts +€15,735
up €15,735 (+102%), from €15,466 to €31,201
- Other debts +€66,000
up €66,000 (+73.6%), from €89,650 to €155,650
- Trade debts +€54,871
up €54,871 (+206%), from €26,628 to €81,499
- Reserves -€39,200
down €39,200 (-7.5%), from €519,400 to €480,200
of which Distributable reserves: -€39,200
- Tax, wage and social debts -€26,236
down €26,236 (-40.6%), from €64,601 to €38,365
- Gross operating margin -€92,500
down €92,500 (-28.6%), from €323,623 to €231,123
- Taxes -€17,614
down €17,614 (-29.9%), from €58,919 to €41,305
- Depreciation +€13,836
up €13,836 (+16.2%), from €85,563 to €99,399
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 | €794,744 | €848,264 | +€53,520 | +6.7% |
| Fixed assets | 21/28 | €241,142 | €187,995 | -€53,146 | -22.0% |
| Tangible fixed assets | 22/27 | €241,142 | €187,995 | -€53,146 | -22.0% |
| Land and buildings | 22 | €22,192 | €18,980 | -€3,212 | -14.5% |
| Plant, machinery and equipment | 23 | €187,617 | €143,427 | -€44,190 | -23.6% |
| Furniture and vehicles | 24 | €31,333 | €25,588 | -€5,745 | -18.3% |
| Current assets | 29/58 | €553,602 | €660,269 | +€106,667 | +19.3% |
| Stocks and contracts in progress | 3 | €15,466 | €31,201 | +€15,735 | +102% |
| Stocks | 30/36 | €15,466 | €31,201 | +€15,735 | +102% |
| Amounts receivable within one year | 40/41 | €119,079 | €182,534 | +€63,455 | +53.3% |
| Trade receivables | 40 | €65,479 | €103,644 | +€38,165 | +58.3% |
| Other amounts receivable | 41 | €53,600 | €78,890 | +€25,291 | +47.2% |
| Cash at bank and in hand | 54/58 | €347,621 | €372,142 | +€24,521 | +7.1% |
| Deferred charges and accrued income | 490/1 | €71,437 | €74,392 | +€2,955 | +4.1% |
| Total equity and liabilities | 10/49 | €794,744 | €848,264 | +€53,520 | +6.7% |
| Equity | 10/15 | €551,707 | €512,481 | -€39,226 | -7.1% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €519,400 | €480,200 | -€39,200 | -7.5% |
| Tax-exempt reserves | 132 | €15,000 | €15,000 | = | 0.0% |
| Distributable reserves | 133 | €504,400 | €465,200 | -€39,200 | -7.8% |
| Profit (loss) carried forward | 14 | €80 | €54 | -€26 | -32.5% |
| Amounts payable | 17/49 | €243,037 | €335,784 | +€92,746 | +38.2% |
| Amounts payable after more than one year | 17 | €50,932 | €50,000 | -€932 | -1.8% |
| Financial debts | 170/4 | €932 | - | -€932 | |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €189,344 | €284,626 | +€95,282 | +50.3% |
| Current portion of amounts payable after more than one year | 42 | €2,215 | €932 | -€1,284 | -57.9% |
| Financial debts | 43 | €6,250 | €8,180 | +€1,930 | +30.9% |
| Credit institutions | 430/8 | €6,250 | €8,180 | +€1,930 | +30.9% |
| Trade debts | 44 | €26,628 | €81,499 | +€54,871 | +206% |
| Suppliers | 440/4 | €26,628 | €81,499 | +€54,871 | +206% |
| Taxes, remuneration and social security | 45 | €64,601 | €38,365 | -€26,236 | -40.6% |
| Taxes | 450/3 | €64,601 | €38,365 | -€26,236 | -40.6% |
| Other amounts payable | 47/48 | €89,650 | €155,650 | +€66,000 | +73.6% |
| Accrued charges and deferred income | 492/3 | €2,761 | €1,158 | -€1,604 | -58.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,563 | €99,399 | +€13,836 | +16.2% |
| Other operating charges | 640/8 | €3,929 | €4,585 | +€656 | +16.7% |
| Gross operating margin | 9900 | €323,623 | €231,123 | -€92,500 | -28.6% |
| Operating profit (loss) | 9901 | €234,131 | €127,138 | -€106,993 | -45.7% |
| Financial income | 75/76B | €988 | €1,753 | +€764 | +77.3% |
| Recurring financial income | 75 | €988 | €1,753 | +€764 | +77.3% |
| Financial charges | 65/66B | €3,509 | €1,812 | -€1,697 | -48.4% |
| Recurring financial charges | 65 | €3,509 | €1,812 | -€1,697 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | €231,610 | €127,079 | -€104,531 | -45.1% |
| Income taxes | 67/77 | €58,919 | €41,305 | -€17,614 | -29.9% |
| Profit (loss) for the period | 9904 | €172,691 | €85,774 | -€86,917 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €172,691 | €85,774 | -€86,917 | -50.3% |
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 27 October 2026 via checked.be.