BIG STARS: 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.
BIG STARS
Largest movements
- Stocks and contracts -€45,141
down €45,141 (-46.3%), from €97,484 to €52,343
- Receivables within one year -€8,508
down €8,508 (-82.6%), from €10,301 to €1,793
- Tangible fixed assets -€1,900
down €1,900 (-22.6%), from €8,413 to €6,513
- Trade debts -€67,172
down €67,172 (-89.0%), from €75,474 to €8,302
- Tax, wage and social debts +€12,000
up €12,000 (+22.1%), from €54,202 to €66,202
of which Remuneration and social security: +€12,000
- Other debts -€5,900
down €5,900 (-47.0%), from €12,550 to €6,650
- Profit (loss) carried forward +€4,825
up €4,825 (+11.0%), from -€44,000 to -€39,175
- Turnover -€211,430
no longer reported in 2025 (was €211,430)
- Purchases and services -€195,917
no longer reported in 2025 (was €195,917)
- Staff costs -€23,406
no longer reported in 2025 (was €23,406)
- Gross operating margin -€7,222
down €7,222 (-46.6%), from €15,513 to €8,291
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 | €117,166 | €60,919 | -€56,247 | -48.0% |
| Fixed assets | 21/28 | €8,413 | €6,513 | -€1,900 | -22.6% |
| Tangible fixed assets | 22/27 | €8,413 | €6,513 | -€1,900 | -22.6% |
| Furniture and vehicles | 24 | €8,413 | €6,513 | -€1,900 | -22.6% |
| Current assets | 29/58 | €108,753 | €54,406 | -€54,347 | -50.0% |
| Stocks and contracts in progress | 3 | €97,484 | €52,343 | -€45,141 | -46.3% |
| Stocks | 30/36 | €97,484 | €52,343 | -€45,141 | -46.3% |
| Amounts receivable within one year | 40/41 | €10,301 | €1,793 | -€8,508 | -82.6% |
| Other amounts receivable | 41 | €10,301 | €1,793 | -€8,508 | -82.6% |
| Cash at bank and in hand | 54/58 | €968 | €172 | -€796 | -82.3% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €117,166 | €60,919 | -€56,247 | -48.0% |
| Equity | 10/15 | -€25,060 | -€20,235 | +€4,825 | +19.3% |
| Contributions | 10/11 | €18,455 | €18,455 | = | 0.0% |
| Capital | 10 | - | €18,455 | +€18,455 | |
| Issued capital | 100 | - | €18,455 | +€18,455 | |
| Contributions outside capital | 11 | €18,455 | - | -€18,455 | |
| Other | 1109/19 | €18,455 | - | -€18,455 | |
| Reserves | 13 | €485 | €485 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €485 | €485 | -€0 | 0.0% |
| Reserves not available under the articles | 1311 | €485 | €485 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€44,000 | -€39,175 | +€4,825 | +11.0% |
| Amounts payable | 17/49 | €142,226 | €81,154 | -€61,072 | -42.9% |
| Amounts payable within one year | 42/48 | €142,226 | €81,154 | -€61,072 | -42.9% |
| Trade debts | 44 | €75,474 | €8,302 | -€67,172 | -89.0% |
| Suppliers | 440/4 | €75,474 | €8,302 | -€67,172 | -89.0% |
| Taxes, remuneration and social security | 45 | €54,202 | €66,202 | +€12,000 | +22.1% |
| Taxes | 450/3 | €987 | €987 | -€0 | 0.0% |
| Remuneration and social security | 454/9 | €53,215 | €65,215 | +€12,000 | +22.6% |
| Other amounts payable | 47/48 | €12,550 | €6,650 | -€5,900 | -47.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Turnover | 70 | €211,430 | - | -€211,430 | |
| Goods, raw materials, services and sundry goods | 60/61 | €195,917 | - | -€195,917 | |
| Remuneration, social security and pensions | 62 | €23,406 | - | -€23,406 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,091 | €1,901 | +€810 | +74.2% |
| Other operating charges | 640/8 | €2,829 | €1,505 | -€1,324 | -46.8% |
| Gross operating margin | 9900 | €15,513 | €8,291 | -€7,222 | -46.6% |
| Operating profit (loss) | 9901 | -€11,813 | €4,885 | +€16,698 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €175 | €60 | -€115 | -65.7% |
| Recurring financial charges | 65 | €175 | €60 | -€115 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,988 | €4,825 | +€16,813 | |
| Profit (loss) for the period | 9904 | -€11,988 | €4,825 | +€16,813 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,988 | €4,825 | +€16,813 |
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.