Stroomvloed: 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.
Stroomvloed
Largest movements
- Financial fixed assets +€171,792
up €171,792 (+91.2%), from €188,382 to €360,174
- Cash -€94,940
down €94,940 (-67.1%), from €141,568 to €46,628
mainly Investment in fixed assets (net) (-€171,792) and Receivables after one year (-€87,663)
- Receivables after one year +€87,663
up €87,663 (+8.7%), from €1.0m to €1.1m
- Deferred charges and accrued income -€46,535
down €46,535 (-92.5%), from €50,322 to €3,787
- Receivables within one year -€36,720
down €36,720 (-28.5%), from €128,822 to €92,102
of which Trade receivables: -€38,005
- Contributions +€107,000
up €107,000 (+6.6%), from €1.6m to €1.7m
- Other debts -€40,380
down €40,380 (-53.9%), from €74,915 to €34,535
- Staff costs -€11,705
no longer reported in 2025 (was €11,705)
- Financial charges +€8,109
up €8,109 (+1,618%), from €501 to €8,610
- Gross operating margin -€7,877
down €7,877 (-22.8%), from €34,574 to €26,696
- Financial income +€4,367
up €4,367 (+11.8%), from €37,007 to €41,374
- Taxes +€828
no longer reported in 2025 (was -€828)
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 | €1,763,929 | €1,825,088 | +€61,159 | +3.5% |
| Fixed assets | 21/28 | €437,962 | €589,654 | +€151,691 | +34.6% |
| Intangible fixed assets | 21 | €3,365 | €2,091 | -€1,275 | -37.9% |
| Tangible fixed assets | 22/27 | €246,215 | €227,388 | -€18,826 | -7.6% |
| Plant, machinery and equipment | 23 | €244,367 | €225,994 | -€18,374 | -7.5% |
| Furniture and vehicles | 24 | €1,847 | €1,395 | -€452 | -24.5% |
| Financial fixed assets | 28 | €188,382 | €360,174 | +€171,792 | +91.2% |
| Current assets | 29/58 | €1,325,967 | €1,235,434 | -€90,533 | -6.8% |
| Amounts receivable after more than one year | 29 | €1,005,254 | €1,092,917 | +€87,663 | +8.7% |
| Other amounts receivable | 291 | €1,005,254 | €1,092,917 | +€87,663 | +8.7% |
| Amounts receivable within one year | 40/41 | €128,822 | €92,102 | -€36,720 | -28.5% |
| Trade receivables | 40 | €47,200 | €9,194 | -€38,005 | -80.5% |
| Other amounts receivable | 41 | €81,623 | €82,908 | +€1,285 | +1.6% |
| Cash at bank and in hand | 54/58 | €141,568 | €46,628 | -€94,940 | -67.1% |
| Deferred charges and accrued income | 490/1 | €50,322 | €3,787 | -€46,535 | -92.5% |
| Total equity and liabilities | 10/49 | €1,763,929 | €1,825,088 | +€61,159 | +3.5% |
| Equity | 10/15 | €1,629,334 | €1,734,271 | +€104,937 | +6.4% |
| Contributions | 10/11 | €1,619,750 | €1,726,750 | +€107,000 | +6.6% |
| Reserves | 13 | €9,584 | €7,521 | -€2,063 | -21.5% |
| Distributable reserves | 133 | €9,584 | €7,521 | -€2,063 | -21.5% |
| Amounts payable | 17/49 | €134,595 | €90,817 | -€43,778 | -32.5% |
| Amounts payable within one year | 42/48 | €87,770 | €46,472 | -€41,298 | -47.1% |
| Trade debts | 44 | €6,266 | €9,648 | +€3,382 | +54.0% |
| Suppliers | 440/4 | €6,266 | €9,648 | +€3,382 | +54.0% |
| Taxes, remuneration and social security | 45 | €6,589 | €2,289 | -€4,300 | -65.3% |
| Taxes | 450/3 | €6,589 | €2,289 | -€4,300 | -65.3% |
| Other amounts payable | 47/48 | €74,915 | €34,535 | -€40,380 | -53.9% |
| Accrued charges and deferred income | 492/3 | €46,825 | €44,345 | -€2,480 | -5.3% |
| Non-recurring operating income | 76A | €82 | - | -€82 | |
| Remuneration, social security and pensions | 62 | €11,705 | - | -€11,705 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,063 | €20,101 | +€38 | +0.2% |
| Other operating charges | 640/8 | €2,364 | €2,226 | -€138 | -5.9% |
| Non-recurring operating charges | 66A | €4,662 | €4,662 | = | 0.0% |
| Gross operating margin | 9900 | €34,574 | €26,696 | -€7,877 | -22.8% |
| Operating profit (loss) | 9901 | -€4,220 | -€292 | +€3,928 | +93.1% |
| Financial income | 75/76B | €37,007 | €41,374 | +€4,367 | +11.8% |
| Recurring financial income | 75 | €37,007 | €41,374 | +€4,367 | +11.8% |
| Financial charges | 65/66B | €501 | €8,610 | +€8,109 | +1,618% |
| Recurring financial charges | 65 | €501 | €8,610 | +€8,109 | +1,618% |
| Profit (loss) for the period before taxes | 9903 | €32,285 | €32,472 | +€187 | +0.6% |
| Income taxes | 67/77 | -€828 | - | +€828 | |
| Profit (loss) for the period | 9904 | €33,113 | €32,472 | -€641 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,113 | €32,472 | -€641 | -1.9% |
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 23 October 2026 via checked.be.