STRG Alessi: what changed
STRG Alessi
Largest movements
- Receivables within one year +€44,904
up €44,904 (+101%), from €44,341 to €89,245
of which Trade receivables: +€52,039
- Current investments -€10,683
no longer reported in 2025 (was €10,683)
- Tangible fixed assets -€6,453
down €6,453 (-2.8%), from €227,127 to €220,675
of which Other tangible fixed assets: -€19,061
- Cash +€6,413
new in 2025: €6,413
mainly Trade debts (+€32,347) and Depreciation (+€28,437)
- Trade debts +€32,347
up €32,347 (+63.7%), from €50,766 to €83,113
- Debts after one year -€20,728
down €20,728 (-17.8%), from €116,287 to €95,560
- Other debts +€10,871
up €10,871 (+18.1%), from €59,924 to €70,795
- Accrued charges and deferred income +€7,000
new in 2025: €7,000
- Tax, wage and social debts +€3,969
up €3,969 (+37.7%), from €10,523 to €14,492
of which Remuneration and social security: +€2,268
- Gross operating margin +€26,321
up €26,321 (+62.3%), from €42,273 to €68,594
- Staff costs +€12,329
up €12,329 (+70.7%), from €17,447 to €29,776
- Depreciation +€11,581
up €11,581 (+68.7%), from €16,856 to €28,437
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,347 | €319,138 | +€35,790 | +12.6% |
| Fixed assets | 21/28 | €227,127 | €220,675 | -€6,453 | -2.8% |
| Tangible fixed assets | 22/27 | €227,127 | €220,675 | -€6,453 | -2.8% |
| Plant, machinery and equipment | 23 | €9,049 | €19,166 | +€10,117 | +112% |
| Furniture and vehicles | 24 | €3,063 | €5,555 | +€2,492 | +81.4% |
| Other tangible fixed assets | 26 | €215,015 | €195,954 | -€19,061 | -8.9% |
| Current assets | 29/58 | €56,220 | €98,463 | +€42,243 | +75.1% |
| Stocks and contracts in progress | 3 | - | €1,160 | +€1,160 | |
| Stocks | 30/36 | - | €1,160 | +€1,160 | |
| Amounts receivable within one year | 40/41 | €44,341 | €89,245 | +€44,904 | +101% |
| Trade receivables | 40 | €26,172 | €78,211 | +€52,039 | +199% |
| Other amounts receivable | 41 | €18,169 | €11,035 | -€7,134 | -39.3% |
| Current investments | 50/53 | €10,683 | - | -€10,683 | |
| Cash at bank and in hand | 54/58 | - | €6,413 | +€6,413 | |
| Deferred charges and accrued income | 490/1 | €1,196 | €1,645 | +€449 | +37.5% |
| Total equity and liabilities | 10/49 | €283,347 | €319,138 | +€35,790 | +12.6% |
| Equity | 10/15 | €22,442 | €24,401 | +€1,958 | +8.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,442 | €19,401 | +€1,958 | +11.2% |
| Distributable reserves | 133 | €17,442 | €19,401 | +€1,958 | +11.2% |
| Amounts payable | 17/49 | €260,905 | €294,737 | +€33,832 | +13.0% |
| Amounts payable after more than one year | 17 | €116,287 | €95,560 | -€20,728 | -17.8% |
| Financial debts | 170/4 | €116,287 | €95,560 | -€20,728 | -17.8% |
| Amounts payable within one year | 42/48 | €144,618 | €192,177 | +€47,560 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €23,405 | €23,777 | +€372 | +1.6% |
| Trade debts | 44 | €50,766 | €83,113 | +€32,347 | +63.7% |
| Suppliers | 440/4 | €50,766 | €83,113 | +€32,347 | +63.7% |
| Taxes, remuneration and social security | 45 | €10,523 | €14,492 | +€3,969 | +37.7% |
| Taxes | 450/3 | €9,217 | €10,917 | +€1,701 | +18.5% |
| Remuneration and social security | 454/9 | €1,306 | €3,574 | +€2,268 | +174% |
| Other amounts payable | 47/48 | €59,924 | €70,795 | +€10,871 | +18.1% |
| Accrued charges and deferred income | 492/3 | - | €7,000 | +€7,000 | |
| Remuneration, social security and pensions | 62 | €17,447 | €29,776 | +€12,329 | +70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,856 | €28,437 | +€11,581 | +68.7% |
| Other operating charges | 640/8 | €575 | €804 | +€228 | +39.7% |
| Non-recurring operating charges | 66A | €44 | €77 | +€33 | +74.8% |
| Gross operating margin | 9900 | €42,273 | €68,594 | +€26,321 | +62.3% |
| Operating profit (loss) | 9901 | €7,351 | €9,501 | +€2,150 | +29.2% |
| Financial charges | 65/66B | €7,299 | €7,493 | +€194 | +2.7% |
| Recurring financial charges | 65 | €7,299 | €5,993 | -€1,306 | -17.9% |
| Non-recurring financial charges | 66B | - | €1,500 | +€1,500 | |
| Profit (loss) for the period before taxes | 9903 | €52 | €2,008 | +€1,956 | +3,755% |
| Income taxes | 67/77 | - | €50 | +€50 | |
| Profit (loss) for the period | 9904 | €52 | €1,958 | +€1,906 | +3,659% |
| Profit (loss) for the period to be appropriated | 9905 | €52 | €1,958 | +€1,906 | +3,659% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.