STROMAR: 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.
STROMAR
Largest movements
- Stocks and contracts -€50,817
down €50,817 (-23.3%), from €217,999 to €167,182
of which Stocks: -€43,917
- Tangible fixed assets +€48,235
up €48,235 (+6.4%), from €752,909 to €801,143
of which Plant, machinery and equipment: +€81,024
- Deferred charges and accrued income -€20,398
down €20,398 (-67.3%), from €30,315 to €9,917
- Debts after one year -€121,752
down €121,752 (-38.4%), from €316,933 to €195,181
- Other debts +€47,185
up €47,185 (+43.9%), from €107,402 to €154,588
- Current portion of long-term debt +€38,682
up €38,682 (+24.7%), from €156,483 to €195,165
- Trade debts -€33,467
down €33,467 (-21.9%), from €152,606 to €119,139
- Reserves +€30,210
up €30,210 (+3.4%), from €894,103 to €924,313
of which Distributable reserves: +€30,210
- Gross operating margin +€237,280
up €237,280 (+26.4%), from €899,110 to €1.1m
- Staff costs +€66,259
up €66,259 (+10.2%), from €650,476 to €716,735
- Taxes +€29,484
up €29,484 (+295.4%), from €9,980 to €39,464
- Depreciation +€24,838
up €24,838 (+11.8%), from €210,325 to €235,163
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 | €1,773,905 | €1,758,733 | -€15,171 | -0.9% |
| Fixed assets | 21/28 | €752,909 | €801,143 | +€48,235 | +6.4% |
| Tangible fixed assets | 22/27 | €752,909 | €801,143 | +€48,235 | +6.4% |
| Plant, machinery and equipment | 23 | €594,363 | €675,387 | +€81,024 | +13.6% |
| Furniture and vehicles | 24 | €28,466 | €22,593 | -€5,874 | -20.6% |
| Other tangible fixed assets | 26 | €130,079 | €103,164 | -€26,915 | -20.7% |
| Current assets | 29/58 | €1,020,996 | €957,590 | -€63,406 | -6.2% |
| Stocks and contracts in progress | 3 | €217,999 | €167,182 | -€50,817 | -23.3% |
| Stocks | 30/36 | €205,499 | €161,582 | -€43,917 | -21.4% |
| Contracts in progress | 37 | €12,500 | €5,600 | -€6,900 | -55.2% |
| Amounts receivable within one year | 40/41 | €378,438 | €374,931 | -€3,507 | -0.9% |
| Trade receivables | 40 | €354,438 | €372,127 | +€17,689 | +5.0% |
| Other amounts receivable | 41 | €24,000 | €2,804 | -€21,196 | -88.3% |
| Cash at bank and in hand | 54/58 | €394,244 | €405,560 | +€11,316 | +2.9% |
| Deferred charges and accrued income | 490/1 | €30,315 | €9,917 | -€20,398 | -67.3% |
| Total equity and liabilities | 10/49 | €1,773,905 | €1,758,733 | -€15,171 | -0.9% |
| Equity | 10/15 | €955,603 | €985,813 | +€30,210 | +3.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €894,103 | €924,313 | +€30,210 | +3.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €887,953 | €918,163 | +€30,210 | +3.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €818,302 | €772,920 | -€45,382 | -5.5% |
| Amounts payable after more than one year | 17 | €316,933 | €195,181 | -€121,752 | -38.4% |
| Financial debts | 170/4 | €316,933 | €195,181 | -€121,752 | -38.4% |
| Amounts payable within one year | 42/48 | €501,369 | €577,740 | +€76,370 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €156,483 | €195,165 | +€38,682 | +24.7% |
| Trade debts | 44 | €152,606 | €119,139 | -€33,467 | -21.9% |
| Suppliers | 440/4 | €152,606 | €119,139 | -€33,467 | -21.9% |
| Advances received on contracts in progress | 46 | - | €218 | +€218 | |
| Taxes, remuneration and social security | 45 | €84,878 | €108,631 | +€23,752 | +28.0% |
| Taxes | 450/3 | €23,993 | €33,938 | +€9,944 | +41.4% |
| Remuneration and social security | 454/9 | €60,885 | €74,693 | +€13,808 | +22.7% |
| Other amounts payable | 47/48 | €107,402 | €154,588 | +€47,185 | +43.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €650,476 | €716,735 | +€66,259 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210,325 | €235,163 | +€24,838 | +11.8% |
| Other operating charges | 640/8 | €4,185 | €7,332 | +€3,147 | +75.2% |
| Gross operating margin | 9900 | €899,110 | €1,136,391 | +€237,280 | +26.4% |
| Operating profit (loss) | 9901 | €34,124 | €177,161 | +€143,036 | +419.2% |
| Financial income | 75/76B | €863 | €1,510 | +€647 | +74.9% |
| Recurring financial income | 75 | €863 | €1,510 | +€647 | +74.9% |
| Financial charges | 65/66B | €11,384 | €8,997 | -€2,388 | -21.0% |
| Recurring financial charges | 65 | €11,384 | €8,997 | -€2,388 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €23,603 | €169,674 | +€146,071 | +618.9% |
| Income taxes | 67/77 | €9,980 | €39,464 | +€29,484 | +295.4% |
| Profit (loss) for the period | 9904 | €13,623 | €130,210 | +€116,587 | +855.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,623 | €130,210 | +€116,587 | +855.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.