SILVER STAR TRADING: what changed
SILVER STAR TRADING
Largest movements
- Stocks and contracts -€67,681
down €67,681 (-83.5%), from €81,066 to €13,385
- Cash +€6,675
up €6,675 (+130%), from €5,130 to €11,805
mainly Trade debts (+€96,421) and Stocks and contracts (+€67,681)
- Receivables within one year +€5,254
up €5,254 (+1.9%), from €273,847 to €279,101
of which Trade receivables: +€29,799
- Trade debts +€96,421
up €96,421 (+80.5%), from €119,726 to €216,147
- Other debts -€80,393
down €80,393 (-32.8%), from €244,931 to €164,538
- Profit (loss) carried forward -€72,378
down €72,378, from €4,132 to -€68,246
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Tax, wage and social debts -€12,151
down €12,151 (-35.9%), from €33,872 to €21,721
of which Taxes: -€8,469
- Gross operating margin -€46,944
down €46,944 (-55.2%), from €84,983 to €38,039
- Other operating charges +€24,799
up €24,799 (+4,338%), from €572 to €25,371
- Depreciation +€2,558
up €2,558 (+48.2%), from €5,302 to €7,859
- Staff costs +€1,785
up €1,785 (+2.4%), from €73,911 to €75,695
- Financial charges -€1,526
down €1,526 (-49.9%), from €3,056 to €1,530
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €408,861 | €352,760 | -€56,101 | -13.7% |
| Fixed assets | 21/28 | €16,475 | €19,213 | +€2,738 | +16.6% |
| Tangible fixed assets | 22/27 | €11,225 | €13,963 | +€2,738 | +24.4% |
| Furniture and vehicles | 24 | €7,538 | €11,656 | +€4,118 | +54.6% |
| Other tangible fixed assets | 26 | €3,687 | €2,307 | -€1,380 | -37.4% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €392,385 | €333,547 | -€58,839 | -15.0% |
| Stocks and contracts in progress | 3 | €81,066 | €13,385 | -€67,681 | -83.5% |
| Stocks | 30/36 | €81,066 | €13,385 | -€67,681 | -83.5% |
| Amounts receivable within one year | 40/41 | €273,847 | €279,101 | +€5,254 | +1.9% |
| Trade receivables | 40 | €221,411 | €251,210 | +€29,799 | +13.5% |
| Other amounts receivable | 41 | €52,436 | €27,890 | -€24,545 | -46.8% |
| Cash at bank and in hand | 54/58 | €5,130 | €11,805 | +€6,675 | +130% |
| Deferred charges and accrued income | 490/1 | €32,343 | €29,256 | -€3,087 | -9.5% |
| Total equity and liabilities | 10/49 | €408,861 | €352,760 | -€56,101 | -13.7% |
| Equity | 10/15 | €10,332 | -€49,646 | -€59,978 | |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Capital | 10 | €6,200 | €18,600 | +€12,400 | +200% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Profit (loss) carried forward | 14 | €4,132 | -€68,246 | -€72,378 | |
| Amounts payable | 17/49 | €398,529 | €402,406 | +€3,877 | +1.0% |
| Amounts payable within one year | 42/48 | €398,529 | €402,406 | +€3,877 | +1.0% |
| Trade debts | 44 | €119,726 | €216,147 | +€96,421 | +80.5% |
| Suppliers | 440/4 | €119,726 | €216,147 | +€96,421 | +80.5% |
| Taxes, remuneration and social security | 45 | €33,872 | €21,721 | -€12,151 | -35.9% |
| Taxes | 450/3 | €13,363 | €4,894 | -€8,469 | -63.4% |
| Remuneration and social security | 454/9 | €20,509 | €16,827 | -€3,682 | -18.0% |
| Other amounts payable | 47/48 | €244,931 | €164,538 | -€80,393 | -32.8% |
| Non-recurring operating income | 76A | - | €12,883 | +€12,883 | |
| Remuneration, social security and pensions | 62 | €73,911 | €75,695 | +€1,785 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,302 | €7,859 | +€2,558 | +48.2% |
| Other operating charges | 640/8 | €572 | €25,371 | +€24,799 | +4,338% |
| Gross operating margin | 9900 | €84,983 | €38,039 | -€46,944 | -55.2% |
| Operating profit (loss) | 9901 | €5,199 | -€70,887 | -€76,086 | |
| Financial income | 75/76B | €23 | €39 | +€16 | +72.9% |
| Recurring financial income | 75 | €23 | €5 | -€18 | -77.6% |
| Non-recurring financial income | 76B | - | €34 | +€34 | |
| Financial charges | 65/66B | €3,056 | €1,530 | -€1,526 | -49.9% |
| Recurring financial charges | 65 | €3,056 | €1,530 | -€1,526 | -49.9% |
| Profit (loss) for the period before taxes | 9903 | €2,166 | -€72,378 | -€74,543 | |
| Income taxes | 67/77 | €634 | - | -€634 | |
| Profit (loss) for the period | 9904 | €1,532 | -€72,378 | -€73,909 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,532 | -€72,378 | -€73,909 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.