STREZA: 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.
STREZA
Largest movements
- Cash -€59,809
down €59,809 (-49.1%), from €121,861 to €62,051
mainly Short-term financial debts (-€194,665) and Debts after one year (-€80,982)
- Tangible fixed assets -€34,543
down €34,543 (-8.1%), from €424,648 to €390,105
of which Plant, machinery and equipment: -€67,045
- Receivables within one year -€21,015
down €21,015 (-30.6%), from €68,737 to €47,722
of which Other amounts receivable: -€19,941
- Other debts +€206,817
up €206,817 (+4853.5%), from €4,261 to €211,079
- Short-term financial debts -€194,665
no longer reported in 2024 (was €194,665)
- Debts after one year -€80,982
down €80,982 (-20.5%), from €395,830 to €314,848
- Trade debts -€56,849
down €56,849 (-42.7%), from €133,093 to €76,244
- Depreciation -€27,213
down €27,213 (-24.9%), from €109,076 to €81,863
- Staff costs +€21,928
up €21,928 (+15.8%), from €138,624 to €160,552
- Gross operating margin -€9,712
down €9,712 (-3.4%), from €283,206 to €273,494
- Financial charges +€5,697
up €5,697 (+22.8%), from €24,996 to €30,693
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 | €1,196,869 | €1,082,363 | -€114,506 | -9.6% |
| Fixed assets | 21/28 | €430,770 | €396,227 | -€34,543 | -8.0% |
| Tangible fixed assets | 22/27 | €424,648 | €390,105 | -€34,543 | -8.1% |
| Plant, machinery and equipment | 23 | €407,519 | €340,474 | -€67,045 | -16.5% |
| Furniture and vehicles | 24 | €17,129 | €49,631 | +€32,502 | +189.7% |
| Financial fixed assets | 28 | €6,122 | €6,122 | = | 0.0% |
| Current assets | 29/58 | €766,099 | €686,136 | -€79,963 | -10.4% |
| Stocks and contracts in progress | 3 | €543,680 | €548,307 | +€4,627 | +0.9% |
| Stocks | 30/36 | €543,680 | €548,307 | +€4,627 | +0.9% |
| Amounts receivable within one year | 40/41 | €68,737 | €47,722 | -€21,015 | -30.6% |
| Trade receivables | 40 | €22,609 | €21,536 | -€1,073 | -4.7% |
| Other amounts receivable | 41 | €46,128 | €26,186 | -€19,941 | -43.2% |
| Cash at bank and in hand | 54/58 | €121,861 | €62,051 | -€59,809 | -49.1% |
| Deferred charges and accrued income | 490/1 | €31,821 | €28,055 | -€3,766 | -11.8% |
| Total equity and liabilities | 10/49 | €1,196,869 | €1,082,363 | -€114,506 | -9.6% |
| Equity | 10/15 | €384,010 | €393,933 | +€9,924 | +2.6% |
| Contributions | 10/11 | €224,368 | €224,368 | = | 0.0% |
| Reserves | 13 | €159,642 | €169,565 | +€9,924 | +6.2% |
| Distributable reserves | 133 | €159,642 | €169,565 | +€9,924 | +6.2% |
| Amounts payable | 17/49 | €812,859 | €688,429 | -€124,430 | -15.3% |
| Amounts payable after more than one year | 17 | €395,830 | €314,848 | -€80,982 | -20.5% |
| Financial debts | 170/4 | €395,830 | €314,848 | -€80,982 | -20.5% |
| Amounts payable within one year | 42/48 | €417,029 | €372,649 | -€44,381 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €60,509 | €55,750 | -€4,759 | -7.9% |
| Financial debts | 43 | €194,665 | - | -€194,665 | |
| Credit institutions | 430/8 | €194,665 | - | -€194,665 | |
| Trade debts | 44 | €133,093 | €76,244 | -€56,849 | -42.7% |
| Suppliers | 440/4 | €133,093 | €76,244 | -€56,849 | -42.7% |
| Taxes, remuneration and social security | 45 | €24,501 | €29,576 | +€5,075 | +20.7% |
| Taxes | 450/3 | €9,864 | €9,239 | -€625 | -6.3% |
| Remuneration and social security | 454/9 | €14,637 | €20,337 | +€5,700 | +38.9% |
| Other amounts payable | 47/48 | €4,261 | €211,079 | +€206,817 | +4853.5% |
| Accrued charges and deferred income | 492/3 | - | €933 | +€933 | |
| Non-recurring operating income | 76A | - | €5,785 | +€5,785 | |
| Remuneration, social security and pensions | 62 | €138,624 | €160,552 | +€21,928 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €109,076 | €81,863 | -€27,213 | -24.9% |
| Other operating charges | 640/8 | €14,413 | €14,671 | +€258 | +1.8% |
| Gross operating margin | 9900 | €283,206 | €273,494 | -€9,712 | -3.4% |
| Operating profit (loss) | 9901 | €21,093 | €16,408 | -€4,685 | -22.2% |
| Financial income | 75/76B | €22,767 | €24,208 | +€1,442 | +6.3% |
| Recurring financial income | 75 | €22,767 | €24,208 | +€1,442 | +6.3% |
| Financial charges | 65/66B | €24,996 | €30,693 | +€5,697 | +22.8% |
| Recurring financial charges | 65 | €24,996 | €30,693 | +€5,697 | +22.8% |
| Profit (loss) for the period before taxes | 9903 | €18,864 | €9,924 | -€8,940 | -47.4% |
| Income taxes | 67/77 | -€145 | - | +€145 | |
| Profit (loss) for the period | 9904 | €19,008 | €9,924 | -€9,084 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,008 | €9,924 | -€9,084 | -47.8% |
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 5 October 2026 via checked.be.