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Star & Business: what changed

What changed

Star & Business

BE 0750.599.262
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€10,474
2023 · €14,213-€3,739
Equity
€23,046
2023 · €28,324-€5,278
Cash
€4,470
2023 · €3,393+€1,077
Balance sheet total
€41,097
2023 · €33,228+€7,869

Largest movements

2023 to 2024
Assets
  • 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

Equity and liabilities
  • 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

Income statement
  • 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

effect on the result

For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

Result 2023 €14,213
Gross operating margin +€716
Depreciation -€447
Write-downs -€1,795
Other operating charges -€119
Financial charges -€2,094
Result 2024 €10,474
raises the resultlowers the result

Derived cash bridge

cash 2023 to 2024

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.

From operations +€16,828
Investment +€1
Financing -€15,752
Cash 2023 €3,393
Net result for the year +€10,474
Depreciation +€447
Stocks and contracts -€7,000
Receivables within one year -€240
Trade debts +€1,343
Tax, wage and social debts +€3,327
Other debts +€8,477
Investment in fixed assets (net) +€1
Contributions, distributions and other -€15,752
Cash 2024 €4,470
brings cash intakes cash out
Every line side by side 39 lines
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%
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.