EVENTSTARS / STARTECH: 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.
EVENTSTARS / STARTECH
Largest movements
- Tangible fixed assets -€6,976
down €6,976 (-17.6%), from €39,751 to €32,774
of which Plant, machinery and equipment: -€6,717
- Receivables within one year +€2,264
up €2,264 (+1,964%), from €115 to €2,379
- Deferred charges and accrued income -€1,365
down €1,365 (-78.2%), from €1,746 to €381
- Cash +€933
up €933 (+5.3%), from €17,542 to €18,476
mainly Net result for the year (+€22,653) and Depreciation (+€6,976)
- Profit (loss) carried forward +€22,653
up €22,653 (+48.3%), from -€46,879 to -€24,226
- Other debts -€20,414
down €20,414 (-22.8%), from €89,493 to €69,080
- Trade debts -€4,009
down €4,009 (-35.4%), from €11,330 to €7,321
- Current portion of long-term debt -€3,064
no longer reported in 2025 (was €3,064)
- Gross operating margin +€6,854
up €6,854 (+22.3%), from €30,786 to €37,639
- Other operating charges +€611
up €611 (+38.8%), from €1,574 to €2,185
- Financial income -€484
down €484 (-81.2%), from €596 to €112
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 | €63,815 | €58,628 | -€5,187 | -8.1% |
| Fixed assets | 21/28 | €42,311 | €35,334 | -€6,976 | -16.5% |
| Tangible fixed assets | 22/27 | €39,751 | €32,774 | -€6,976 | -17.6% |
| Land and buildings | 22 | €2,562 | €2,303 | -€259 | -10.1% |
| Plant, machinery and equipment | 23 | €37,189 | €30,472 | -€6,717 | -18.1% |
| Financial fixed assets | 28 | €2,560 | €2,560 | = | 0.0% |
| Current assets | 29/58 | €21,505 | €23,294 | +€1,789 | +8.3% |
| Stocks and contracts in progress | 3 | €2,101 | €2,058 | -€43 | -2.1% |
| Stocks | 30/36 | €2,101 | €2,058 | -€43 | -2.1% |
| Amounts receivable within one year | 40/41 | €115 | €2,379 | +€2,264 | +1,964% |
| Other amounts receivable | 41 | €115 | €2,379 | +€2,264 | +1,964% |
| Cash at bank and in hand | 54/58 | €17,542 | €18,476 | +€933 | +5.3% |
| Deferred charges and accrued income | 490/1 | €1,746 | €381 | -€1,365 | -78.2% |
| Total equity and liabilities | 10/49 | €63,815 | €58,628 | -€5,187 | -8.1% |
| Equity | 10/15 | -€40,679 | -€18,026 | +€22,653 | +55.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,879 | -€24,226 | +€22,653 | +48.3% |
| Amounts payable | 17/49 | €104,494 | €76,654 | -€27,840 | -26.6% |
| Amounts payable within one year | 42/48 | €104,494 | €76,654 | -€27,840 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €3,064 | - | -€3,064 | |
| Trade debts | 44 | €11,330 | €7,321 | -€4,009 | -35.4% |
| Suppliers | 440/4 | €11,330 | €7,321 | -€4,009 | -35.4% |
| Taxes, remuneration and social security | 45 | €607 | €253 | -€354 | -58.3% |
| Taxes | 450/3 | €607 | €253 | -€354 | -58.3% |
| Other amounts payable | 47/48 | €89,493 | €69,080 | -€20,414 | -22.8% |
| Non-recurring operating income | 76A | - | €331 | +€331 | |
| Remuneration, social security and pensions | 62 | €280 | - | -€280 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,203 | €6,976 | -€226 | -3.1% |
| Other operating charges | 640/8 | €1,574 | €2,185 | +€611 | +38.8% |
| Gross operating margin | 9900 | €30,786 | €37,639 | +€6,854 | +22.3% |
| Operating profit (loss) | 9901 | €21,730 | €28,478 | +€6,749 | +31.1% |
| Financial income | 75/76B | €596 | €112 | -€484 | -81.2% |
| Recurring financial income | 75 | €596 | €112 | -€484 | -81.2% |
| Financial charges | 65/66B | €5,583 | €5,824 | +€241 | +4.3% |
| Recurring financial charges | 65 | €5,583 | €5,824 | +€241 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €16,743 | €22,767 | +€6,024 | +36.0% |
| Income taxes | 67/77 | €148 | €114 | -€34 | -23.2% |
| Profit (loss) for the period | 9904 | €16,595 | €22,653 | +€6,058 | +36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,595 | €22,653 | +€6,058 | +36.5% |
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 19 October 2026 via checked.be.