Strivo: 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.
Strivo
Largest movements
- Receivables within one year +€815,961
up €815,961 (+54.3%), from €1.5m to €2.3m
of which Other amounts receivable: +€831,312
- Tangible fixed assets -€210,597
down €210,597 (-92.3%), from €228,201 to €17,604
- Cash -€31,795
down €31,795 (-29.4%), from €108,064 to €76,270
mainly Receivables within one year (-€815,961) and Debts after one year (-€25,173)
- Trade debts +€594,506
up €594,506 (+49.0%), from €1.2m to €1.8m
- Depreciation -€92,593
down €92,593 (-83.2%), from €111,288 to €18,695
- Gross operating margin -€89,907
down €89,907 (-11.0%), from €817,555 to €727,648
- Staff costs +€39,392
up €39,392 (+6.3%), from €625,208 to €664,600
- Financial income +€26,638
up €26,638 (+445%), from €5,992 to €32,631
of which Non-recurring financial income: +€21,065
- Financial charges +€18,637
up €18,637 (+59.8%), from €31,155 to €49,792
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 | €2,109,338 | €2,705,167 | +€595,829 | +28.2% |
| Fixed assets | 21/28 | €228,919 | €45,155 | -€183,764 | -80.3% |
| Intangible fixed assets | 21 | - | €26,833 | +€26,833 | |
| Tangible fixed assets | 22/27 | €228,201 | €17,604 | -€210,597 | -92.3% |
| Plant, machinery and equipment | 23 | €77,217 | €0 | -€77,217 | -100% |
| Furniture and vehicles | 24 | €88,265 | €17,604 | -€70,661 | -80.1% |
| Leasing and similar rights | 25 | €61,307 | €0 | -€61,307 | -100% |
| Other tangible fixed assets | 26 | €1,411 | €0 | -€1,411 | -100% |
| Financial fixed assets | 28 | €718 | €718 | = | 0.0% |
| Current assets | 29/58 | €1,880,419 | €2,660,012 | +€779,593 | +41.5% |
| Stocks and contracts in progress | 3 | €270,143 | €265,569 | -€4,574 | -1.7% |
| Stocks | 30/36 | €174,793 | €163,069 | -€11,724 | -6.7% |
| Contracts in progress | 37 | €95,350 | €102,500 | +€7,150 | +7.5% |
| Amounts receivable within one year | 40/41 | €1,502,212 | €2,318,173 | +€815,961 | +54.3% |
| Trade receivables | 40 | €832,674 | €817,323 | -€15,351 | -1.8% |
| Other amounts receivable | 41 | €669,538 | €1,500,850 | +€831,312 | +124% |
| Cash at bank and in hand | 54/58 | €108,064 | €76,270 | -€31,795 | -29.4% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €2,109,338 | €2,705,167 | +€595,829 | +28.2% |
| Equity | 10/15 | €457,629 | €464,391 | +€6,763 | +1.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €505,230 | €505,230 | = | 0.0% |
| Distributable reserves | 133 | €505,230 | €505,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,601 | -€60,839 | +€6,763 | +10.0% |
| Amounts payable | 17/49 | €1,651,710 | €2,240,776 | +€589,066 | +35.7% |
| Amounts payable after more than one year | 17 | €39,560 | €14,388 | -€25,173 | -63.6% |
| Financial debts | 170/4 | €39,560 | €14,388 | -€25,173 | -63.6% |
| Amounts payable within one year | 42/48 | €1,611,169 | €2,226,388 | +€615,219 | +38.2% |
| Current portion of amounts payable after more than one year | 42 | €24,342 | €25,173 | +€831 | +3.4% |
| Financial debts | 43 | €303,383 | €300,000 | -€3,383 | -1.1% |
| Credit institutions | 430/8 | €303,383 | €300,000 | -€3,383 | -1.1% |
| Trade debts | 44 | €1,213,795 | €1,808,301 | +€594,506 | +49.0% |
| Suppliers | 440/4 | €1,213,795 | €1,808,301 | +€594,506 | +49.0% |
| Taxes, remuneration and social security | 45 | €15,586 | €25,613 | +€10,027 | +64.3% |
| Taxes | 450/3 | €2,389 | €10,276 | +€7,888 | +330% |
| Remuneration and social security | 454/9 | €13,197 | €15,336 | +€2,139 | +16.2% |
| Other amounts payable | 47/48 | €54,063 | €67,301 | +€13,238 | +24.5% |
| Accrued charges and deferred income | 492/3 | €980 | €0 | -€980 | -100% |
| Non-recurring operating income | 76A | - | €1,162 | +€1,162 | |
| Remuneration, social security and pensions | 62 | €625,208 | €664,600 | +€39,392 | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,288 | €18,695 | -€92,593 | -83.2% |
| Other operating charges | 640/8 | €15,706 | €4,904 | -€10,802 | -68.8% |
| Non-recurring operating charges | 66A | €9,264 | €5,309 | -€3,956 | -42.7% |
| Gross operating margin | 9900 | €817,555 | €727,648 | -€89,907 | -11.0% |
| Operating profit (loss) | 9901 | €56,089 | €34,141 | -€21,948 | -39.1% |
| Financial income | 75/76B | €5,992 | €32,631 | +€26,638 | +445% |
| Recurring financial income | 75 | €5,992 | €11,565 | +€5,573 | +93.0% |
| Non-recurring financial income | 76B | - | €21,065 | +€21,065 | |
| Financial charges | 65/66B | €31,155 | €49,792 | +€18,637 | +59.8% |
| Recurring financial charges | 65 | €31,155 | €49,792 | +€18,637 | +59.8% |
| Profit (loss) for the period before taxes | 9903 | €30,925 | €16,979 | -€13,946 | -45.1% |
| Income taxes | 67/77 | €7,132 | €10,216 | +€3,084 | +43.2% |
| Profit (loss) for the period | 9904 | €23,793 | €6,763 | -€17,030 | -71.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,793 | €6,763 | -€17,030 | -71.6% |
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 13 October 2026 via checked.be.