STRONG-IT: 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.
STRONG-IT
Largest movements
- Current investments +€87,500
up €87,500 (+70.0%), from €125,000 to €212,500
- Receivables within one year -€59,536
down €59,536 (-39.6%), from €150,424 to €90,888
of which Trade receivables: -€59,477
- Cash +€44,401
up €44,401 (+14.6%), from €304,546 to €348,947
mainly Net result for the year (+€274,936) and Receivables within one year (+€59,536)
- Deferred charges and accrued income -€9,522
down €9,522 (-32.3%), from €29,514 to €19,993
- Reserves +€86,701
up €86,701 (+12.8%), from €675,824 to €762,525
- Tax, wage and social debts -€12,470
down €12,470 (-30.4%), from €41,027 to €28,557
of which Taxes: -€9,770
- Gross operating margin +€47,967
up €47,967 (+13.2%), from €364,551 to €412,518
- Taxes +€10,855
up €10,855 (+14.4%), from €75,133 to €85,987
- Staff costs +€6,239
up €6,239 (+36.7%), from €16,997 to €23,236
- Financial income +€4,517
up €4,517 (+1,696%), from €266 to €4,783
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 | €828,832 | €904,476 | +€75,644 | +9.1% |
| Fixed assets | 21/28 | €215,784 | €223,235 | +€7,451 | +3.5% |
| Tangible fixed assets | 22/27 | €215,784 | €223,235 | +€7,451 | +3.5% |
| Land and buildings | 22 | €201,324 | €217,159 | +€15,835 | +7.9% |
| Plant, machinery and equipment | 23 | €944 | €425 | -€519 | -55.0% |
| Furniture and vehicles | 24 | €13,516 | €5,651 | -€7,865 | -58.2% |
| Current assets | 29/58 | €613,048 | €681,241 | +€68,193 | +11.1% |
| Stocks and contracts in progress | 3 | €3,564 | €8,914 | +€5,350 | +150% |
| Stocks | 30/36 | €3,564 | €8,914 | +€5,350 | +150% |
| Amounts receivable within one year | 40/41 | €150,424 | €90,888 | -€59,536 | -39.6% |
| Trade receivables | 40 | €150,243 | €90,766 | -€59,477 | -39.6% |
| Other amounts receivable | 41 | €181 | €123 | -€59 | -32.4% |
| Current investments | 50/53 | €125,000 | €212,500 | +€87,500 | +70.0% |
| Cash at bank and in hand | 54/58 | €304,546 | €348,947 | +€44,401 | +14.6% |
| Deferred charges and accrued income | 490/1 | €29,514 | €19,993 | -€9,522 | -32.3% |
| Total equity and liabilities | 10/49 | €828,832 | €904,476 | +€75,644 | +9.1% |
| Equity | 10/15 | €694,424 | €781,125 | +€86,701 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €675,824 | €762,525 | +€86,701 | +12.8% |
| Distributable reserves | 133 | €675,824 | €762,525 | +€86,701 | +12.8% |
| Amounts payable | 17/49 | €134,408 | €123,351 | -€11,057 | -8.2% |
| Amounts payable after more than one year | 17 | €60,677 | €56,207 | -€4,469 | -7.4% |
| Financial debts | 170/4 | €60,677 | €56,207 | -€4,469 | -7.4% |
| Amounts payable within one year | 42/48 | €73,731 | €67,144 | -€6,587 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €4,386 | €4,469 | +€84 | +1.9% |
| Trade debts | 44 | €28,209 | €33,975 | +€5,766 | +20.4% |
| Suppliers | 440/4 | €28,209 | €33,975 | +€5,766 | +20.4% |
| Taxes, remuneration and social security | 45 | €41,027 | €28,557 | -€12,470 | -30.4% |
| Taxes | 450/3 | €33,638 | €23,868 | -€9,770 | -29.0% |
| Remuneration and social security | 454/9 | €7,389 | €4,689 | -€2,700 | -36.5% |
| Other amounts payable | 47/48 | €110 | €142 | +€33 | +29.7% |
| Non-recurring operating income | 76A | €2,210 | - | -€2,210 | |
| Remuneration, social security and pensions | 62 | €16,997 | €23,236 | +€6,239 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,751 | €24,188 | +€436 | +1.8% |
| Other operating charges | 640/8 | €3,108 | €4,927 | +€1,819 | +58.5% |
| Gross operating margin | 9900 | €364,551 | €412,518 | +€47,967 | +13.2% |
| Operating profit (loss) | 9901 | €320,694 | €360,167 | +€39,473 | +12.3% |
| Financial income | 75/76B | €266 | €4,783 | +€4,517 | +1,696% |
| Recurring financial income | 75 | €266 | €4,783 | +€4,517 | +1,696% |
| Financial charges | 65/66B | €2,248 | €4,026 | +€1,778 | +79.1% |
| Recurring financial charges | 65 | €2,248 | €4,026 | +€1,778 | +79.1% |
| Profit (loss) for the period before taxes | 9903 | €318,712 | €360,924 | +€42,211 | +13.2% |
| Income taxes | 67/77 | €75,133 | €85,987 | +€10,855 | +14.4% |
| Profit (loss) for the period | 9904 | €243,580 | €274,936 | +€31,357 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €243,580 | €274,936 | +€31,357 | +12.9% |
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 30 October 2026 via checked.be.