BR 2 STAR: 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.
BR 2 STAR
Largest movements
- Cash -€5,419
down €5,419 (-27.6%), from €19,651 to €14,232
mainly Other debts (-€15,500) and Tax, wage and social debts (-€3,016)
- Deferred charges and accrued income -€1,533
no longer reported in 2024 (was €1,533)
- Stocks and contracts -€1,109
down €1,109 (-3.2%), from €34,842 to €33,733
- Receivables within one year -€827
down €827 (-30.6%), from €2,699 to €1,872
- Other debts -€15,500
down €15,500 (-36.9%), from €42,032 to €26,532
- Trade debts +€6,909
up €6,909 (+173.4%), from €3,984 to €10,893
- Profit (loss) carried forward +€3,252
up €3,252 (+36.7%), from -€8,855 to -€5,602
- Tax, wage and social debts -€3,016
down €3,016 (-25.8%), from €11,673 to €8,657
of which Remuneration and social security: -€2,805
- Gross operating margin -€23,499
down €23,499 (-57.1%), from €41,129 to €17,630
- Staff costs -€22,196
down €22,196 (-64.7%), from €34,281 to €12,085
- Turnover -€16,298
down €16,298 (-3.2%), from €504,439 to €488,141
- Purchases and services +€7,200
up €7,200 (+1.6%), from €463,310 to €470,510
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,434 | €59,080 | -€8,355 | -12.4% |
| Fixed assets | 21/28 | €8,710 | €9,243 | +€533 | +6.1% |
| Tangible fixed assets | 22/27 | - | €533 | +€533 | |
| Furniture and vehicles | 24 | - | €533 | +€533 | |
| Financial fixed assets | 28 | €8,710 | €8,710 | = | 0.0% |
| Current assets | 29/58 | €58,725 | €49,837 | -€8,888 | -15.1% |
| Stocks and contracts in progress | 3 | €34,842 | €33,733 | -€1,109 | -3.2% |
| Stocks | 30/36 | €34,842 | €33,733 | -€1,109 | -3.2% |
| Amounts receivable within one year | 40/41 | €2,699 | €1,872 | -€827 | -30.6% |
| Other amounts receivable | 41 | €2,699 | €1,872 | -€827 | -30.6% |
| Cash at bank and in hand | 54/58 | €19,651 | €14,232 | -€5,419 | -27.6% |
| Deferred charges and accrued income | 490/1 | €1,533 | - | -€1,533 | |
| Total equity and liabilities | 10/49 | €67,434 | €59,080 | -€8,355 | -12.4% |
| Equity | 10/15 | €9,745 | €12,998 | +€3,252 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Profit (loss) carried forward | 14 | -€8,855 | -€5,602 | +€3,252 | +36.7% |
| Amounts payable | 17/49 | €57,689 | €46,082 | -€11,607 | -20.1% |
| Amounts payable within one year | 42/48 | €57,689 | €46,082 | -€11,607 | -20.1% |
| Trade debts | 44 | €3,984 | €10,893 | +€6,909 | +173.4% |
| Suppliers | 440/4 | €3,984 | €10,893 | +€6,909 | +173.4% |
| Taxes, remuneration and social security | 45 | €11,673 | €8,657 | -€3,016 | -25.8% |
| Taxes | 450/3 | €5,050 | €4,839 | -€211 | -4.2% |
| Remuneration and social security | 454/9 | €6,623 | €3,818 | -€2,805 | -42.4% |
| Other amounts payable | 47/48 | €42,032 | €26,532 | -€15,500 | -36.9% |
| Turnover | 70 | €504,439 | €488,141 | -€16,298 | -3.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €463,310 | €470,510 | +€7,200 | +1.6% |
| Remuneration, social security and pensions | 62 | €34,281 | €12,085 | -€22,196 | -64.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,728 | €507 | -€2,220 | -81.4% |
| Other operating charges | 640/8 | €2,203 | €1,498 | -€705 | -32.0% |
| Gross operating margin | 9900 | €41,129 | €17,630 | -€23,499 | -57.1% |
| Operating profit (loss) | 9901 | €1,916 | €3,540 | +€1,623 | +84.7% |
| Financial charges | 65/66B | €164 | €235 | +€71 | +43.3% |
| Recurring financial charges | 65 | €164 | €235 | +€71 | +43.3% |
| Profit (loss) for the period before taxes | 9903 | €1,752 | €3,305 | +€1,552 | +88.6% |
| Income taxes | 67/77 | - | €52 | +€52 | |
| Profit (loss) for the period | 9904 | €1,752 | €3,252 | +€1,500 | +85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,752 | €3,252 | +€1,500 | +85.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.