STRETCHEVENTS: 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.
STRETCHEVENTS
Largest movements
- Tangible fixed assets -€11,632
down €11,632 (-62.0%), from €18,748 to €7,116
of which Furniture and vehicles: -€10,594
- Cash -€5,184
down €5,184 (-26.5%), from €19,541 to €14,357
mainly Contributions, distributions and other (-€5,571) and Net result for the year (-€5,318)
- Receivables within one year +€3,488
up €3,488 (+721%), from €484 to €3,972
of which Trade receivables: +€3,751
- Deferred charges and accrued income -€1,448
down €1,448 (-100%), from €1,448 to €0
- Profit (loss) carried forward -€10,889
down €10,889 (-119%), from -€9,158 to -€20,048
- Other debts -€4,005
down €4,005 (-49.5%), from €8,084 to €4,079
- Gross operating margin +€3,308
up €3,308 (+53.4%), from €6,191 to €9,500
- Depreciation -€811
down €811 (-5.5%), from €14,703 to €13,892
- Financial income -€272
down €272 (-100%), from €272 to €0
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 | €40,221 | €25,445 | -€14,776 | -36.7% |
| Fixed assets | 21/28 | €18,748 | €7,116 | -€11,632 | -62.0% |
| Tangible fixed assets | 22/27 | €18,748 | €7,116 | -€11,632 | -62.0% |
| Plant, machinery and equipment | 23 | €3,937 | €2,898 | -€1,039 | -26.4% |
| Furniture and vehicles | 24 | €14,811 | €4,218 | -€10,594 | -71.5% |
| Current assets | 29/58 | €21,473 | €18,329 | -€3,143 | -14.6% |
| Amounts receivable within one year | 40/41 | €484 | €3,972 | +€3,488 | +721% |
| Trade receivables | 40 | €0 | €3,751 | +€3,751 | |
| Other amounts receivable | 41 | €484 | €221 | -€263 | -54.3% |
| Cash at bank and in hand | 54/58 | €19,541 | €14,357 | -€5,184 | -26.5% |
| Deferred charges and accrued income | 490/1 | €1,448 | €0 | -€1,448 | -100% |
| Total equity and liabilities | 10/49 | €40,221 | €25,445 | -€14,776 | -36.7% |
| Equity | 10/15 | €25,220 | €14,330 | -€10,889 | -43.2% |
| Contributions | 10/11 | €14,000 | €14,000 | = | 0.0% |
| Reserves | 13 | €20,378 | €20,378 | = | 0.0% |
| Distributable reserves | 133 | €20,378 | €20,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,158 | -€20,048 | -€10,889 | -119% |
| Amounts payable | 17/49 | €15,001 | €11,115 | -€3,886 | -25.9% |
| Amounts payable within one year | 42/48 | €15,001 | €11,115 | -€3,886 | -25.9% |
| Trade debts | 44 | €1,347 | €1,466 | +€119 | +8.8% |
| Suppliers | 440/4 | €1,347 | €1,466 | +€119 | +8.8% |
| Taxes, remuneration and social security | 45 | €5,570 | €5,570 | = | 0.0% |
| Taxes | 450/3 | €5,570 | €5,570 | = | 0.0% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,084 | €4,079 | -€4,005 | -49.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,703 | €13,892 | -€811 | -5.5% |
| Other operating charges | 640/8 | €777 | €801 | +€24 | +3.1% |
| Gross operating margin | 9900 | €6,191 | €9,500 | +€3,308 | +53.4% |
| Operating profit (loss) | 9901 | -€9,290 | -€5,194 | +€4,096 | +44.1% |
| Financial income | 75/76B | €272 | €0 | -€272 | -100% |
| Recurring financial income | 75 | €272 | €0 | -€272 | -100% |
| Financial charges | 65/66B | €141 | €125 | -€16 | -11.3% |
| Recurring financial charges | 65 | €141 | €125 | -€16 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,158 | -€5,318 | +€3,840 | +41.9% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | -€9,158 | -€5,318 | +€3,840 | +41.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,158 | -€5,318 | +€3,840 | +41.9% |
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.