Astarté Concept: 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.
Astarté Concept
Largest movements
- Receivables within one year +€139,413
up €139,413 (+1757.8%), from €7,931 to €147,344
of which Other amounts receivable: +€143,943
- Tangible fixed assets -€20,429
down €20,429 (-16.5%), from €123,505 to €103,076
of which Plant, machinery and equipment: -€20,020
- Intangible fixed assets -€12,000
down €12,000 (-21.7%), from €55,402 to €43,402
- Cash +€6,438
up €6,438 (+3.0%), from €215,530 to €221,968
mainly Net result for the year (+€133,118) and Depreciation (+€37,063)
- Reserves +€71,267
new in 2025: €71,267
- Profit (loss) carried forward +€61,851
up €61,851 (+78.3%), from €78,966 to €140,817
- Debts after one year -€35,423
down €35,423 (-55.4%), from €63,935 to €28,512
- Tax, wage and social debts +€31,075
up €31,075 (+49.0%), from €63,381 to €94,456
of which Taxes: +€23,411
- Other debts -€23,211
down €23,211 (-57.4%), from €40,455 to €17,244
- Gross operating margin +€111,997
up €111,997 (+29.2%), from €383,147 to €495,143
- Staff costs +€72,084
up €72,084 (+43.4%), from €166,109 to €238,192
- Financial charges +€12,724
up €12,724 (+45.5%), from €27,951 to €40,675
- Taxes +€9,280
up €9,280 (+26.1%), from €35,598 to €44,878
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 | €404,703 | €521,337 | +€116,634 | +28.8% |
| Fixed assets | 21/28 | €181,242 | €148,813 | -€32,429 | -17.9% |
| Intangible fixed assets | 21 | €55,402 | €43,402 | -€12,000 | -21.7% |
| Tangible fixed assets | 22/27 | €123,505 | €103,076 | -€20,429 | -16.5% |
| Plant, machinery and equipment | 23 | €120,626 | €100,606 | -€20,020 | -16.6% |
| Furniture and vehicles | 24 | €2,879 | €2,470 | -€409 | -14.2% |
| Financial fixed assets | 28 | €2,335 | €2,335 | = | 0.0% |
| Current assets | 29/58 | €223,461 | €372,525 | +€149,064 | +66.7% |
| Amounts receivable within one year | 40/41 | €7,931 | €147,344 | +€139,413 | +1757.8% |
| Trade receivables | 40 | €5,954 | €1,424 | -€4,530 | -76.1% |
| Other amounts receivable | 41 | €1,977 | €145,920 | +€143,943 | +7281.6% |
| Cash at bank and in hand | 54/58 | €215,530 | €221,968 | +€6,438 | +3.0% |
| Deferred charges and accrued income | 490/1 | - | €3,212 | +€3,212 | |
| Total equity and liabilities | 10/49 | €404,703 | €521,337 | +€116,634 | +28.8% |
| Equity | 10/15 | €158,966 | €292,084 | +€133,118 | +83.7% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Reserves | 13 | - | €71,267 | +€71,267 | |
| Tax-exempt reserves | 132 | - | €71,267 | +€71,267 | |
| Profit (loss) carried forward | 14 | €78,966 | €140,817 | +€61,851 | +78.3% |
| Amounts payable | 17/49 | €245,737 | €229,254 | -€16,484 | -6.7% |
| Amounts payable after more than one year | 17 | €63,935 | €28,512 | -€35,423 | -55.4% |
| Financial debts | 170/4 | €63,935 | €28,512 | -€35,423 | -55.4% |
| Amounts payable within one year | 42/48 | €178,620 | €194,770 | +€16,150 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €51,647 | €52,163 | +€516 | +1.0% |
| Financial debts | 43 | - | €439 | +€439 | |
| Credit institutions | 430/8 | - | €439 | +€439 | |
| Trade debts | 44 | €23,136 | €30,468 | +€7,332 | +31.7% |
| Suppliers | 440/4 | €23,136 | €30,468 | +€7,332 | +31.7% |
| Taxes, remuneration and social security | 45 | €63,381 | €94,456 | +€31,075 | +49.0% |
| Taxes | 450/3 | €29,636 | €53,047 | +€23,411 | +79.0% |
| Remuneration and social security | 454/9 | €33,745 | €41,410 | +€7,665 | +22.7% |
| Other amounts payable | 47/48 | €40,455 | €17,244 | -€23,211 | -57.4% |
| Accrued charges and deferred income | 492/3 | €3,183 | €5,972 | +€2,789 | +87.6% |
| Remuneration, social security and pensions | 62 | €166,109 | €238,192 | +€72,084 | +43.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,096 | €37,063 | -€33 | -0.1% |
| Other operating charges | 640/8 | €1,211 | €1,221 | +€11 | +0.9% |
| Gross operating margin | 9900 | €383,147 | €495,143 | +€111,997 | +29.2% |
| Operating profit (loss) | 9901 | €178,731 | €218,667 | +€39,936 | +22.3% |
| Financial income | 75/76B | €22 | €4 | -€18 | -81.6% |
| Recurring financial income | 75 | €22 | €4 | -€18 | -81.6% |
| Financial charges | 65/66B | €27,951 | €40,675 | +€12,724 | +45.5% |
| Recurring financial charges | 65 | €27,951 | €40,675 | +€12,724 | +45.5% |
| Profit (loss) for the period before taxes | 9903 | €150,802 | €177,996 | +€27,194 | +18.0% |
| Income taxes | 67/77 | €35,598 | €44,878 | +€9,280 | +26.1% |
| Profit (loss) for the period | 9904 | €115,204 | €133,118 | +€17,914 | +15.5% |
| Transfer to tax-exempt reserves | 689 | - | €71,267 | +€71,267 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,204 | €61,851 | -€53,353 | -46.3% |
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 12 October 2026 via checked.be.