Star & Business: what changed
Star & Business
Largest movements
- Stocks and contracts +€7,000
new in 2024: €7,000
- Cash +€1,077
up €1,077 (+31.7%), from €3,393 to €4,470
mainly Net result for the year (+€10,474) and Other debts (+€8,477)
- Tangible fixed assets -€448
down €448 (-7.5%), from €6,000 to €5,552
- Other debts +€8,477
up €8,477 (+321%), from €2,639 to €11,116
- Profit (loss) carried forward -€5,278
down €5,278 (-63.4%), from €8,324 to €3,046
- Tax, wage and social debts +€3,327
up €3,327 (+147%), from €2,265 to €5,592
- Trade debts +€1,343
new in 2024: €1,343
- Purchases and services -€13,461
down €13,461 (-37.4%), from €36,029 to €22,568
- Turnover -€8,745
down €8,745 (-19.7%), from €44,448 to €35,703
- Financial charges +€2,094
new in 2024: €2,094
- Write-downs +€1,795
no longer reported in 2024 (was -€1,795)
- Gross operating margin +€716
up €716 (+5.8%), from €12,418 to €13,134
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 | €33,228 | €41,097 | +€7,869 | +23.7% |
| Formation expenses | 20 | €3,035 | €3,035 | = | 0.0% |
| Fixed assets | 21/28 | €10,200 | €9,752 | -€448 | -4.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,000 | €5,552 | -€448 | -7.5% |
| Furniture and vehicles | 24 | €6,000 | €5,552 | -€448 | -7.5% |
| Financial fixed assets | 28 | €4,200 | €4,200 | = | 0.0% |
| Current assets | 29/58 | €19,993 | €28,310 | +€8,317 | +41.6% |
| Stocks and contracts in progress | 3 | - | €7,000 | +€7,000 | |
| Contracts in progress | 37 | - | €7,000 | +€7,000 | |
| Amounts receivable within one year | 40/41 | €16,600 | €16,840 | +€240 | +1.4% |
| Trade receivables | 40 | €16,600 | €16,420 | -€180 | -1.1% |
| Other amounts receivable | 41 | €0 | €420 | +€420 | |
| Cash at bank and in hand | 54/58 | €3,393 | €4,470 | +€1,077 | +31.7% |
| Total equity and liabilities | 10/49 | €33,228 | €41,097 | +€7,869 | +23.7% |
| Equity | 10/15 | €28,324 | €23,046 | -€5,278 | -18.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,324 | €3,046 | -€5,278 | -63.4% |
| Amounts payable | 17/49 | €4,904 | €18,051 | +€13,147 | +268% |
| Amounts payable within one year | 42/48 | €4,904 | €18,051 | +€13,147 | +268% |
| Trade debts | 44 | - | €1,343 | +€1,343 | |
| Suppliers | 440/4 | - | €1,343 | +€1,343 | |
| Taxes, remuneration and social security | 45 | €2,265 | €5,592 | +€3,327 | +147% |
| Taxes | 450/3 | €2,265 | €5,592 | +€3,327 | +147% |
| Other amounts payable | 47/48 | €2,639 | €11,116 | +€8,477 | +321% |
| Turnover | 70 | €44,448 | €35,703 | -€8,745 | -19.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €36,029 | €22,568 | -€13,461 | -37.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €447 | +€447 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,795 | - | +€1,795 | |
| Other operating charges | 640/8 | - | €119 | +€119 | |
| Gross operating margin | 9900 | €12,418 | €13,134 | +€716 | +5.8% |
| Operating profit (loss) | 9901 | €14,213 | €12,568 | -€1,645 | -11.6% |
| Financial charges | 65/66B | - | €2,094 | +€2,094 | |
| Recurring financial charges | 65 | - | €2,094 | +€2,094 | |
| Profit (loss) for the period before taxes | 9903 | €14,213 | €10,474 | -€3,739 | -26.3% |
| Profit (loss) for the period | 9904 | €14,213 | €10,474 | -€3,739 | -26.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,213 | €10,474 | -€3,739 | -26.3% |
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 3 November 2026 via checked.be.