SAHAR STAR: 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.
SAHAR STAR
Largest movements
- Cash -€937
down €937 (-87.9%), from €1,066 to €129
mainly Net result for the year (-€1,927) and Trade debts (-€1,024)
- Other debts +€2,015
up €2,015 (+40.4%), from €4,984 to €6,999
- Profit (loss) carried forward -€1,927
down €1,927 (-27.8%), from -€6,943 to -€8,870
- Trade debts -€1,024
no longer reported in 2025 (was €1,024)
- Purchases and services -€23,056
no longer reported in 2025 (was €23,056)
- Turnover -€21,600
no longer reported in 2025 (was €21,600)
- Gross operating margin +€7,953
up €7,953, from -€1,456 to €6,497
- Staff costs +€5,528
up €5,528 (+194%), from €2,852 to €8,380
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 | €1,066 | €129 | -€937 | -87.9% |
| Current assets | 29/58 | €1,066 | €129 | -€937 | -87.9% |
| Cash at bank and in hand | 54/58 | €1,066 | €129 | -€937 | -87.9% |
| Total equity and liabilities | 10/49 | €1,066 | €129 | -€937 | -87.9% |
| Equity | 10/15 | -€4,943 | -€6,870 | -€1,927 | -39.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,943 | -€8,870 | -€1,927 | -27.8% |
| Amounts payable | 17/49 | €6,009 | €6,999 | +€991 | +16.5% |
| Amounts payable within one year | 42/48 | €6,009 | €6,999 | +€991 | +16.5% |
| Trade debts | 44 | €1,024 | - | -€1,024 | |
| Suppliers | 440/4 | €1,024 | - | -€1,024 | |
| Other amounts payable | 47/48 | €4,984 | €6,999 | +€2,015 | +40.4% |
| Turnover | 70 | €21,600 | - | -€21,600 | |
| Goods, raw materials, services and sundry goods | 60/61 | €23,056 | - | -€23,056 | |
| Remuneration, social security and pensions | 62 | €2,852 | €8,380 | +€5,528 | +194% |
| Gross operating margin | 9900 | -€1,456 | €6,497 | +€7,953 | |
| Operating profit (loss) | 9901 | -€4,307 | -€1,882 | +€2,425 | +56.3% |
| Financial charges | 65/66B | €44 | €45 | +€2 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€2 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,351 | -€1,927 | +€2,423 | +55.7% |
| Profit (loss) for the period | 9904 | -€4,351 | -€1,927 | +€2,423 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,351 | -€1,927 | +€2,423 | +55.7% |
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 23 October 2026 via checked.be.