PRO STAR GOLF: 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.
PRO STAR GOLF
Largest movements
- Stocks and contracts -€35,043
down €35,043 (-17.9%), from €196,238 to €161,195
- Cash +€11,332
up €11,332 (+50.3%), from €22,546 to €33,879
mainly Stocks and contracts (+€35,043) and Trade debts (+€4,370)
- Receivables within one year +€2,722
new in 2025: €2,722
- Profit (loss) carried forward -€28,175
down €28,175 (-46.1%), from €61,101 to €32,925
- Trade debts +€4,370
up €4,370 (+58.9%), from €7,421 to €11,791
- Turnover -€390,329
no longer reported in 2025 (was €390,329)
- Purchases and services -€385,368
no longer reported in 2025 (was €385,368)
- Gross operating margin -€34,380
down €34,380, from €7,004 to -€27,377
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 | €219,449 | €197,797 | -€21,653 | -9.9% |
| Fixed assets | 21/28 | €665 | - | -€665 | |
| Tangible fixed assets | 22/27 | €665 | - | -€665 | |
| Furniture and vehicles | 24 | €665 | - | -€665 | |
| Current assets | 29/58 | €218,784 | €197,797 | -€20,988 | -9.6% |
| Stocks and contracts in progress | 3 | €196,238 | €161,195 | -€35,043 | -17.9% |
| Stocks | 30/36 | €196,238 | €161,195 | -€35,043 | -17.9% |
| Amounts receivable within one year | 40/41 | - | €2,722 | +€2,722 | |
| Trade receivables | 40 | - | €2,722 | +€2,722 | |
| Cash at bank and in hand | 54/58 | €22,546 | €33,879 | +€11,332 | +50.3% |
| Total equity and liabilities | 10/49 | €219,449 | €197,797 | -€21,653 | -9.9% |
| Equity | 10/15 | €81,561 | €53,385 | -€28,175 | -34.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,101 | €32,925 | -€28,175 | -46.1% |
| Amounts payable | 17/49 | €137,889 | €144,411 | +€6,522 | +4.7% |
| Amounts payable within one year | 42/48 | €137,889 | €144,411 | +€6,522 | +4.7% |
| Trade debts | 44 | €7,421 | €11,791 | +€4,370 | +58.9% |
| Suppliers | 440/4 | €7,421 | €11,791 | +€4,370 | +58.9% |
| Taxes, remuneration and social security | 45 | €16,538 | €17,655 | +€1,117 | +6.8% |
| Taxes | 450/3 | €16,538 | €17,655 | +€1,117 | +6.8% |
| Other amounts payable | 47/48 | €113,930 | €114,966 | +€1,036 | +0.9% |
| Turnover | 70 | €390,329 | - | -€390,329 | |
| Goods, raw materials, services and sundry goods | 60/61 | €385,368 | - | -€385,368 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,716 | €665 | -€1,051 | -61.2% |
| Other operating charges | 640/8 | €799 | €279 | -€520 | -65.1% |
| Gross operating margin | 9900 | €7,004 | -€27,377 | -€34,380 | |
| Operating profit (loss) | 9901 | €4,489 | -€28,320 | -€32,809 | |
| Financial income | 75/76B | €750 | €1,421 | +€671 | +89.4% |
| Recurring financial income | 75 | €750 | €1,421 | +€671 | +89.4% |
| Financial charges | 65/66B | €2,323 | €1,125 | -€1,198 | -51.6% |
| Recurring financial charges | 65 | €2,323 | €1,125 | -€1,198 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €2,917 | -€28,024 | -€30,941 | |
| Income taxes | 67/77 | €166 | €151 | -€15 | -8.9% |
| Profit (loss) for the period | 9904 | €2,751 | -€28,175 | -€30,926 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,751 | -€28,175 | -€30,926 |
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 26 October 2026 via checked.be.