Stroda: 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.
Stroda
Largest movements
- Receivables after one year +€55,000
up €55,000 (+73.3%), from €75,000 to €130,000
- Receivables within one year +€25,045
up €25,045 (+521.8%), from €4,800 to €29,844
of which Trade receivables: +€22,338
- Cash +€17,933
up €17,933 (+11.2%), from €160,343 to €178,276
mainly Net result for the year (+€100,587) and Debts after one year (+€18,272)
- Reserves +€84,087
up €84,087 (+35.5%), from €236,690 to €320,777
- Debts after one year +€18,272
up €18,272 (+609.1%), from €3,000 to €21,272
- Current portion of long-term debt +€9,201
up €9,201 (+306.7%), from €3,000 to €12,201
- Other debts -€5,235
down €5,235 (-32.8%), from €15,944 to €10,709
- Gross operating margin +€7,707
up €7,707 (+4.7%), from €165,142 to €172,849
- Other operating charges +€2,374
up €2,374 (+46.2%), from €5,140 to €7,515
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.
Cash bridge derived
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 | €318,644 | €422,991 | +€104,347 | +32.7% |
| Fixed assets | 21/28 | €71,358 | €74,690 | +€3,331 | +4.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €70,071 | €73,402 | +€3,331 | +4.8% |
| Land and buildings | 22 | €23,338 | €20,605 | -€2,733 | -11.7% |
| Plant, machinery and equipment | 23 | €29,142 | €22,331 | -€6,811 | -23.4% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €17,591 | €30,466 | +€12,875 | +73.2% |
| Financial fixed assets | 28 | €1,288 | €1,288 | = | 0.0% |
| Current assets | 29/58 | €247,286 | €348,301 | +€101,016 | +40.8% |
| Amounts receivable after more than one year | 29 | €75,000 | €130,000 | +€55,000 | +73.3% |
| Other amounts receivable | 291 | €75,000 | €130,000 | +€55,000 | +73.3% |
| Stocks and contracts in progress | 3 | €6,455 | €9,228 | +€2,773 | +43.0% |
| Stocks | 30/36 | €6,455 | €9,228 | +€2,773 | +43.0% |
| Amounts receivable within one year | 40/41 | €4,800 | €29,844 | +€25,045 | +521.8% |
| Trade receivables | 40 | €4,800 | €27,137 | +€22,338 | +465.4% |
| Other amounts receivable | 41 | - | €2,707 | +€2,707 | |
| Cash at bank and in hand | 54/58 | €160,343 | €178,276 | +€17,933 | +11.2% |
| Deferred charges and accrued income | 490/1 | €688 | €953 | +€265 | +38.5% |
| Total equity and liabilities | 10/49 | €318,644 | €422,991 | +€104,347 | +32.7% |
| Equity | 10/15 | €247,557 | €331,644 | +€84,087 | +34.0% |
| Contributions | 10/11 | €4,680 | €4,680 | = | 0.0% |
| Reserves | 13 | €236,690 | €320,777 | +€84,087 | +35.5% |
| Distributable reserves | 133 | €236,690 | €320,777 | +€84,087 | +35.5% |
| Profit (loss) carried forward | 14 | €6,187 | €6,187 | = | 0.0% |
| Amounts payable | 17/49 | €71,087 | €91,347 | +€20,260 | +28.5% |
| Amounts payable after more than one year | 17 | €3,000 | €21,272 | +€18,272 | +609.1% |
| Financial debts | 170/4 | €3,000 | €21,272 | +€18,272 | +609.1% |
| Amounts payable within one year | 42/48 | €68,087 | €70,074 | +€1,988 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €3,000 | €12,201 | +€9,201 | +306.7% |
| Trade debts | 44 | €18,895 | €15,475 | -€3,420 | -18.1% |
| Suppliers | 440/4 | €18,895 | €15,475 | -€3,420 | -18.1% |
| Taxes, remuneration and social security | 45 | €30,248 | €31,689 | +€1,441 | +4.8% |
| Taxes | 450/3 | €30,248 | €30,289 | +€41 | +0.1% |
| Remuneration and social security | 454/9 | - | €1,400 | +€1,400 | |
| Other amounts payable | 47/48 | €15,944 | €10,709 | -€5,235 | -32.8% |
| Remuneration, social security and pensions | 62 | -€753 | - | +€753 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,516 | €13,532 | +€1,016 | +8.1% |
| Other operating charges | 640/8 | €5,140 | €7,515 | +€2,374 | +46.2% |
| Non-recurring operating charges | 66A | - | €431 | +€431 | |
| Gross operating margin | 9900 | €165,142 | €172,849 | +€7,707 | +4.7% |
| Operating profit (loss) | 9901 | €148,238 | €151,371 | +€3,133 | +2.1% |
| Financial income | 75/76B | €91 | €198 | +€107 | +117.0% |
| Recurring financial income | 75 | €91 | €198 | +€107 | +117.0% |
| Financial charges | 65/66B | €1,144 | €988 | -€156 | -13.6% |
| Recurring financial charges | 65 | €1,144 | €988 | -€156 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €147,186 | €150,581 | +€3,395 | +2.3% |
| Income taxes | 67/77 | €48,656 | €49,994 | +€1,338 | +2.8% |
| Profit (loss) for the period | 9904 | €98,530 | €100,587 | +€2,057 | +2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €98,530 | €100,587 | +€2,057 | +2.1% |
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 11 October 2026 via checked.be.