STAR ACCOUNTING: 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.
STAR ACCOUNTING
Largest movements
- Tangible fixed assets +€20,618
new in 2025: €20,618
- Cash -€3,624
down €3,624 (-57.6%), from €6,295 to €2,670
mainly Investment in fixed assets (net) (-€28,889) and Tax, wage and social debts (-€6,420)
- Deferred charges and accrued income +€2,494
new in 2025: €2,494
- Receivables within one year -€2,000
down €2,000 (-4.1%), from €48,400 to €46,400
- Reserves +€15,000
new in 2025: €15,000
- Tax, wage and social debts -€6,420
down €6,420 (-25.4%), from €25,248 to €18,828
of which Taxes: -€5,420
- Other debts +€3,385
up €3,385 (+16.5%), from €20,495 to €23,880
- Trade debts +€3,071
up €3,071 (+224%), from €1,370 to €4,441
- Profit (loss) carried forward +€2,452
up €2,452 (+37.3%), from €6,581 to €9,033
- Gross operating margin -€9,476
down €9,476 (-22.1%), from €42,940 to €33,463
- Depreciation +€8,271
new in 2025: €8,271
- Taxes -€4,365
down €4,365 (-36.2%), from €12,041 to €7,676
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 | €54,695 | €72,182 | +€17,487 | +32.0% |
| Fixed assets | 21/28 | - | €20,618 | +€20,618 | |
| Tangible fixed assets | 22/27 | - | €20,618 | +€20,618 | |
| Furniture and vehicles | 24 | - | €20,618 | +€20,618 | |
| Current assets | 29/58 | €54,695 | €51,564 | -€3,131 | -5.7% |
| Amounts receivable within one year | 40/41 | €48,400 | €46,400 | -€2,000 | -4.1% |
| Trade receivables | 40 | €48,400 | €46,400 | -€2,000 | -4.1% |
| Cash at bank and in hand | 54/58 | €6,295 | €2,670 | -€3,624 | -57.6% |
| Deferred charges and accrued income | 490/1 | - | €2,494 | +€2,494 | |
| Total equity and liabilities | 10/49 | €54,695 | €72,182 | +€17,487 | +32.0% |
| Equity | 10/15 | €7,581 | €25,033 | +€17,452 | +230% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | €6,581 | €9,033 | +€2,452 | +37.3% |
| Amounts payable | 17/49 | €47,114 | €47,149 | +€35 | +0.1% |
| Amounts payable within one year | 42/48 | €47,114 | €47,149 | +€35 | +0.1% |
| Trade debts | 44 | €1,370 | €4,441 | +€3,071 | +224% |
| Suppliers | 440/4 | €1,370 | €4,441 | +€3,071 | +224% |
| Taxes, remuneration and social security | 45 | €25,248 | €18,828 | -€6,420 | -25.4% |
| Taxes | 450/3 | €24,248 | €18,828 | -€5,420 | -22.4% |
| Remuneration and social security | 454/9 | €1,000 | - | -€1,000 | |
| Other amounts payable | 47/48 | €20,495 | €23,880 | +€3,385 | +16.5% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €8,271 | +€8,271 | |
| Gross operating margin | 9900 | €42,940 | €33,463 | -€9,476 | -22.1% |
| Operating profit (loss) | 9901 | €42,940 | €25,192 | -€17,747 | -41.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €74 | €65 | -€10 | -12.8% |
| Recurring financial charges | 65 | €74 | €65 | -€10 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €42,865 | €25,128 | -€17,737 | -41.4% |
| Income taxes | 67/77 | €12,041 | €7,676 | -€4,365 | -36.2% |
| Profit (loss) for the period | 9904 | €30,825 | €17,452 | -€13,373 | -43.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,825 | €17,452 | -€13,373 | -43.4% |
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 17 October 2026 via checked.be.