Stretch Productions: 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.
Stretch Productions
Largest movements
- Cash -€19,489
down €19,489 (-38.4%), from €50,710 to €31,222
mainly Net result for the year (-€24,063) and Tax, wage and social debts (-€2,199)
- Tangible fixed assets -€3,456
down €3,456 (-24.1%), from €14,362 to €10,906
of which Furniture and vehicles: -€2,241
- Receivables within one year -€2,215
down €2,215 (-13.6%), from €16,299 to €14,084
of which Other amounts receivable: -€1,177
- Profit (loss) carried forward -€24,063
down €24,063, from €12,908 to -€11,155
- Tax, wage and social debts -€2,199
down €2,199 (-97.3%), from €2,259 to €60
- Trade debts +€986
up €986 (+308%), from €320 to €1,306
- Gross operating margin -€12,441
down €12,441 (-185%), from -€6,713 to -€19,154
- Financial charges -€1,170
down €1,170 (-75.2%), from €1,554 to €385
- Taxes +€364
new in 2025: €364
- Other operating charges -€278
down €278 (-34.9%), from €798 to €520
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 | €81,488 | €56,212 | -€25,276 | -31.0% |
| Fixed assets | 21/28 | €14,362 | €10,906 | -€3,456 | -24.1% |
| Tangible fixed assets | 22/27 | €14,362 | €10,906 | -€3,456 | -24.1% |
| Plant, machinery and equipment | 23 | €1,215 | €0 | -€1,215 | -100% |
| Furniture and vehicles | 24 | €13,147 | €10,906 | -€2,241 | -17.0% |
| Current assets | 29/58 | €67,126 | €45,306 | -€21,820 | -32.5% |
| Amounts receivable within one year | 40/41 | €16,299 | €14,084 | -€2,215 | -13.6% |
| Trade receivables | 40 | €2,730 | €1,693 | -€1,038 | -38.0% |
| Other amounts receivable | 41 | €13,568 | €12,391 | -€1,177 | -8.7% |
| Cash at bank and in hand | 54/58 | €50,710 | €31,222 | -€19,489 | -38.4% |
| Deferred charges and accrued income | 490/1 | €117 | €0 | -€117 | -100% |
| Total equity and liabilities | 10/49 | €81,488 | €56,212 | -€25,276 | -31.0% |
| Equity | 10/15 | €78,908 | €54,845 | -€24,063 | -30.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €65,000 | €65,000 | = | 0.0% |
| Distributable reserves | 133 | €65,000 | €65,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,908 | -€11,155 | -€24,063 | |
| Amounts payable | 17/49 | €2,580 | €1,367 | -€1,213 | -47.0% |
| Amounts payable within one year | 42/48 | €2,580 | €1,367 | -€1,213 | -47.0% |
| Trade debts | 44 | €320 | €1,306 | +€986 | +308% |
| Suppliers | 440/4 | €320 | €1,306 | +€986 | +308% |
| Taxes, remuneration and social security | 45 | €2,259 | €60 | -€2,199 | -97.3% |
| Taxes | 450/3 | €2,259 | €60 | -€2,199 | -97.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,282 | €3,456 | +€174 | +5.3% |
| Other operating charges | 640/8 | €798 | €520 | -€278 | -34.9% |
| Non-recurring operating charges | 66A | - | €1,014 | +€1,014 | |
| Gross operating margin | 9900 | -€6,713 | -€19,154 | -€12,441 | -185% |
| Operating profit (loss) | 9901 | -€10,794 | -€24,144 | -€13,350 | -124% |
| Financial income | 75/76B | €922 | €829 | -€93 | -10.1% |
| Recurring financial income | 75 | €922 | €829 | -€93 | -10.1% |
| Financial charges | 65/66B | €1,554 | €385 | -€1,170 | -75.2% |
| Recurring financial charges | 65 | €1,554 | €385 | -€1,170 | -75.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,426 | -€23,699 | -€12,273 | -107% |
| Income taxes | 67/77 | - | €364 | +€364 | |
| Profit (loss) for the period | 9904 | -€11,426 | -€24,063 | -€12,637 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,426 | -€24,063 | -€12,637 | -111% |
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 25 October 2026 via checked.be.