Skip to content

Star Galaxy GP: 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.

What changed

Star Galaxy GP

BE 0781.310.650
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
-€43,784
2025 · -€46,382+€2,597
Equity
-€108,863
2025 · -€65,079-€43,784
Cash
€2,050
2025 · €2,505-€455
Balance sheet total
€71,692
2025 · €29,588+€42,105

Largest movements

2025 to 2026
Assets
  • Receivables within one year +€42,113

    up €42,113 (+280%), from €15,041 to €57,154

Equity and liabilities
  • Trade debts +€53,986

    up €53,986 (+607%), from €8,889 to €62,875

  • Profit (loss) carried forward -€43,784

    down €43,784 (-23.7%), from -€185,079 to -€228,863

  • Other debts +€31,903

    up €31,903 (+37.2%), from €85,778 to €117,681

Income statement
  • Gross operating margin +€2,848

    up €2,848 (+6.7%), from -€42,317 to -€39,469

From the 2025 result to the 2026 result

effect on the 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.

Result 2025 -€46,382
Gross operating margin +€2,848
Other operating charges -€303
Financial income +€10
Financial charges +€42
Taxes -€0
Result 2026 -€43,784
raises the resultlowers the result

Derived cash bridge

cash 2025 to 2026

Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€455
Investment €0
Financing €0
Cash 2025 €2,505
Net result for the year -€43,784
Receivables within one year -€42,113
Deferred charges and accrued income -€446
Trade debts +€53,986
Other debts +€31,903
Cash 2026 €2,050
brings cash intakes cash out
Every line side by side 28 lines
Line Code 2025 2026 Change %
Total assets 20/58 €29,588 €71,692 +€42,105 +142%
Fixed assets 21/28 €355 €355 = 0.0%
Financial fixed assets 28 €355 €355 = 0.0%
Current assets 29/58 €29,233 €71,338 +€42,105 +144%
Amounts receivable within one year 40/41 €15,041 €57,154 +€42,113 +280%
Trade receivables 40 €15,041 €57,154 +€42,113 +280%
Cash at bank and in hand 54/58 €2,505 €2,050 -€455 -18.2%
Deferred charges and accrued income 490/1 €11,687 €12,133 +€446 +3.8%
Total equity and liabilities 10/49 €29,588 €71,692 +€42,105 +142%
Equity 10/15 -€65,079 -€108,863 -€43,784 -67.3%
Contributions 10/11 €120,000 €120,000 = 0.0%
Profit (loss) carried forward 14 -€185,079 -€228,863 -€43,784 -23.7%
Amounts payable 17/49 €94,667 €180,556 +€85,889 +90.7%
Amounts payable within one year 42/48 €94,667 €180,556 +€85,889 +90.7%
Trade debts 44 €8,889 €62,875 +€53,986 +607%
Suppliers 440/4 €8,889 €62,875 +€53,986 +607%
Other amounts payable 47/48 €85,778 €117,681 +€31,903 +37.2%
Other operating charges 640/8 €97 €400 +€303 +313%
Gross operating margin 9900 -€42,317 -€39,469 +€2,848 +6.7%
Operating profit (loss) 9901 -€42,414 -€39,869 +€2,545 +6.0%
Financial income 75/76B €17 €27 +€10 +63.0%
Recurring financial income 75 €17 €27 +€10 +63.0%
Financial charges 65/66B €3,979 €3,937 -€42 -1.1%
Recurring financial charges 65 €3,979 €3,937 -€42 -1.1%
Profit (loss) for the period before taxes 9903 -€46,377 -€43,779 +€2,598 +5.6%
Income taxes 67/77 €5 €5 +€0 +8.0%
Profit (loss) for the period 9904 -€46,382 -€43,784 +€2,597 +5.6%
Profit (loss) for the period to be appropriated 9905 -€46,382 -€43,784 +€2,597 +5.6%

Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.