OLSTAR: 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.
OLSTAR
Largest movements
- Cash -€5,297
down €5,297 (-85.9%), from €6,167 to €870
mainly Net result for the year (-€11,424) and Other debts (-€1,202)
- Receivables within one year -€2,350
down €2,350 (-25.1%), from €9,358 to €7,008
of which Trade receivables: -€2,286
- Tangible fixed assets -€1,066
down €1,066 (-81.3%), from €1,311 to €246
- Profit (loss) carried forward -€11,424
down €11,424 (-31.1%), from -€36,792 to -€48,216
- Tax, wage and social debts +€2,142
up €2,142 (+71.4%), from €3,000 to €5,142
- Trade debts +€1,772
up €1,772 (+256.2%), from €691 to €2,463
- Other debts -€1,202
down €1,202 (-8.5%), from €14,103 to €12,901
- Gross operating margin -€4,020
down €4,020 (-200.0%), from -€2,010 to -€6,029
- Other operating charges +€3,423
up €3,423 (+585.3%), from €585 to €4,008
- Depreciation -€293
down €293 (-21.5%), from €1,358 to €1,066
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 | €16,837 | €8,124 | -€8,713 | -51.7% |
| Fixed assets | 21/28 | €1,311 | €246 | -€1,066 | -81.3% |
| Tangible fixed assets | 22/27 | €1,311 | €246 | -€1,066 | -81.3% |
| Furniture and vehicles | 24 | €1,311 | €246 | -€1,066 | -81.3% |
| Current assets | 29/58 | €15,526 | €7,878 | -€7,647 | -49.3% |
| Amounts receivable within one year | 40/41 | €9,358 | €7,008 | -€2,350 | -25.1% |
| Trade receivables | 40 | €9,093 | €6,807 | -€2,286 | -25.1% |
| Other amounts receivable | 41 | €265 | €202 | -€64 | -24.0% |
| Cash at bank and in hand | 54/58 | €6,167 | €870 | -€5,297 | -85.9% |
| Total equity and liabilities | 10/49 | €16,837 | €8,124 | -€8,713 | -51.7% |
| Equity | 10/15 | -€958 | -€12,382 | -€11,424 | -1192.3% |
| Contributions | 10/11 | €27,300 | €27,300 | = | 0.0% |
| Reserves | 13 | €8,534 | €8,534 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,730 | €2,730 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,730 | €2,730 | = | 0.0% |
| Distributable reserves | 133 | €5,804 | €5,804 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,792 | -€48,216 | -€11,424 | -31.1% |
| Amounts payable | 17/49 | €17,795 | €20,506 | +€2,711 | +15.2% |
| Amounts payable within one year | 42/48 | €17,795 | €20,506 | +€2,711 | +15.2% |
| Trade debts | 44 | €691 | €2,463 | +€1,772 | +256.2% |
| Suppliers | 440/4 | €691 | €2,463 | +€1,772 | +256.2% |
| Taxes, remuneration and social security | 45 | €3,000 | €5,142 | +€2,142 | +71.4% |
| Remuneration and social security | 454/9 | €3,000 | €5,142 | +€2,142 | +71.4% |
| Other amounts payable | 47/48 | €14,103 | €12,901 | -€1,202 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,358 | €1,066 | -€293 | -21.5% |
| Other operating charges | 640/8 | €585 | €4,008 | +€3,423 | +585.3% |
| Gross operating margin | 9900 | -€2,010 | -€6,029 | -€4,020 | -200.0% |
| Operating profit (loss) | 9901 | -€3,953 | -€11,103 | -€7,150 | -180.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €324 | €321 | -€3 | -1.0% |
| Recurring financial charges | 65 | €324 | €321 | -€3 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,277 | -€11,424 | -€7,147 | -167.1% |
| Profit (loss) for the period | 9904 | -€4,277 | -€11,424 | -€7,147 | -167.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,277 | -€11,424 | -€7,147 | -167.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.