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StrongK: 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.

What changed

StrongK

BE 0766.326.229
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€15,770
2024 · €8,936+€6,833
Equity
€38,182
2024 · €22,413+€15,770
Cash
€17,476
2024 · €22,390-€4,914
Balance sheet total
€51,285
2024 · €45,621+€5,663

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€8,988

    up €8,988 (+102.9%), from €8,732 to €17,720

  • Financial fixed assets +€5,910

    up €5,910 (+164.2%), from €3,600 to €9,510

  • Cash -€4,914

    down €4,914 (-21.9%), from €22,390 to €17,476

    mainly Investment in fixed assets (net) (-€21,703) and Trade debts (-€14,277)

  • Receivables within one year -€4,579

    down €4,579 (-43.7%), from €10,478 to €5,900

    of which Trade receivables: -€4,664

Equity and liabilities
  • Profit (loss) carried forward +€15,770

    up €15,770 (+127.0%), from €12,413 to €28,182

  • Trade debts -€14,277

    down €14,277 (-98.4%), from €14,516 to €239

  • Debts after one year +€2,491

    new in 2025: €2,491

  • Tax, wage and social debts +€2,012

    up €2,012 (+84.1%), from €2,392 to €4,404

  • Other debts -€900

    down €900 (-14.3%), from €6,300 to €5,400

Income statement
  • Gross operating margin +€11,611

    up €11,611 (+75.9%), from €15,304 to €26,915

  • Depreciation +€2,959

    up €2,959 (+77.0%), from €3,846 to €6,805

  • Taxes +€1,542

    up €1,542 (+68.9%), from €2,237 to €3,778

  • Financial income -€418

    down €418 (-87.5%), from €477 to €60

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €8,936
Gross operating margin +€11,611
Depreciation -€2,959
Other operating charges -€16
Financial income -€418
Financial charges +€157
Taxes -€1,542
Result 2025 €15,770

Cash bridge derived

cash 2024 to 2025

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.

From operations +€13,789
Investment -€21,703
Financing +€3,000
Cash 2024 €22,390
Net result for the year +€15,770
Depreciation +€6,805
Receivables within one year +€4,579
Deferred charges and accrued income -€258
Trade debts -€14,277
Tax, wage and social debts +€2,012
Other debts -€900
Accrued charges and deferred income +€59
Investment in fixed assets (net) -€21,703
Debts after one year +€2,491
Current portion of long-term debt +€509
Cash 2025 €17,476
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €45,621 €51,285 +€5,663 +12.4%
Fixed assets 21/28 €12,332 €27,230 +€14,898 +120.8%
Tangible fixed assets 22/27 €8,732 €17,720 +€8,988 +102.9%
Plant, machinery and equipment 23 €8,732 €17,720 +€8,988 +102.9%
Financial fixed assets 28 €3,600 €9,510 +€5,910 +164.2%
Current assets 29/58 €33,289 €24,054 -€9,235 -27.7%
Amounts receivable within one year 40/41 €10,478 €5,900 -€4,579 -43.7%
Trade receivables 40 €10,478 €5,815 -€4,664 -44.5%
Other amounts receivable 41 €0 €85 +€85
Cash at bank and in hand 54/58 €22,390 €17,476 -€4,914 -21.9%
Deferred charges and accrued income 490/1 €421 €679 +€258 +61.4%
Total equity and liabilities 10/49 €45,621 €51,285 +€5,663 +12.4%
Equity 10/15 €22,413 €38,182 +€15,770 +70.4%
Contributions 10/11 €10,000 €10,000 = 0.0%
Profit (loss) carried forward 14 €12,413 €28,182 +€15,770 +127.0%
Amounts payable 17/49 €23,209 €13,102 -€10,107 -43.5%
Amounts payable after more than one year 17 - €2,491 +€2,491
Financial debts 170/4 - €2,491 +€2,491
Amounts payable within one year 42/48 €23,209 €10,552 -€12,657 -54.5%
Current portion of amounts payable after more than one year 42 - €509 +€509
Trade debts 44 €14,516 €239 -€14,277 -98.4%
Suppliers 440/4 €14,516 €239 -€14,277 -98.4%
Taxes, remuneration and social security 45 €2,392 €4,404 +€2,012 +84.1%
Taxes 450/3 €2,392 €4,404 +€2,012 +84.1%
Other amounts payable 47/48 €6,300 €5,400 -€900 -14.3%
Accrued charges and deferred income 492/3 €0 €59 +€59
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,846 €6,805 +€2,959 +77.0%
Other operating charges 640/8 €528 €544 +€16 +3.0%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 €15,304 €26,915 +€11,611 +75.9%
Operating profit (loss) 9901 €10,931 €19,566 +€8,635 +79.0%
Financial income 75/76B €477 €60 -€418 -87.5%
Recurring financial income 75 €477 €60 -€418 -87.5%
Financial charges 65/66B €235 €78 -€157 -66.9%
Recurring financial charges 65 €235 €78 -€157 -66.9%
Profit (loss) for the period before taxes 9903 €11,173 €19,548 +€8,375 +75.0%
Income taxes 67/77 €2,237 €3,778 +€1,542 +68.9%
Profit (loss) for the period 9904 €8,936 €15,770 +€6,833 +76.5%
Profit (loss) for the period to be appropriated 9905 €8,936 €15,770 +€6,833 +76.5%

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 8 October 2026 via checked.be.