STAR MEUBLES: what changed
STAR MEUBLES
Largest movements
- Stocks and contracts +€26,870
up €26,870 (+5.7%), from €470,113 to €496,983
- Receivables within one year -€21,889
down €21,889 (-31.8%), from €68,897 to €47,008
of which Other amounts receivable: -€21,889
- Cash +€9,787
up €9,787 (+162%), from €6,032 to €15,819
mainly Advances received (+€33,750) and Receivables within one year (+€21,889)
- Trade debts -€49,048
down €49,048 (-32.3%), from €151,773 to €102,725
- Advances received +€33,750
up €33,750 (+11.0%), from €307,560 to €341,310
- Profit (loss) carried forward +€19,535
up €19,535 (+77.2%), from €25,305 to €44,840
- Tax, wage and social debts +€12,002
up €12,002 (+25.2%), from €47,697 to €59,699
of which Taxes: +€14,799
- Gross operating margin -€8,973
down €8,973 (-13.3%), from €67,447 to €58,474
- Depreciation -€5,924
down €5,924 (-90.6%), from €6,537 to €613
- Other operating charges +€1,489
up €1,489 (+54.3%), from €2,741 to €4,230
- Staff costs +€818
up €818 (+2.5%), from €32,226 to €33,043
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 | €552,794 | €569,033 | +€16,239 | +2.9% |
| Fixed assets | 21/28 | €5,648 | €5,035 | -€613 | -10.9% |
| Tangible fixed assets | 22/27 | €1,048 | €435 | -€613 | -58.5% |
| Furniture and vehicles | 24 | €468 | - | -€468 | |
| Other tangible fixed assets | 26 | €580 | €435 | -€145 | -25.0% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €547,146 | €563,998 | +€16,852 | +3.1% |
| Stocks and contracts in progress | 3 | €470,113 | €496,983 | +€26,870 | +5.7% |
| Stocks | 30/36 | €470,113 | €496,983 | +€26,870 | +5.7% |
| Amounts receivable within one year | 40/41 | €68,897 | €47,008 | -€21,889 | -31.8% |
| Trade receivables | 40 | €6,630 | €6,630 | = | 0.0% |
| Other amounts receivable | 41 | €62,267 | €40,378 | -€21,889 | -35.2% |
| Cash at bank and in hand | 54/58 | €6,032 | €15,819 | +€9,787 | +162% |
| Deferred charges and accrued income | 490/1 | €2,105 | €4,189 | +€2,084 | +99.0% |
| Total equity and liabilities | 10/49 | €552,794 | €569,033 | +€16,239 | +2.9% |
| Equity | 10/15 | €45,765 | €65,300 | +€19,535 | +42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,305 | €44,840 | +€19,535 | +77.2% |
| Amounts payable | 17/49 | €507,030 | €503,733 | -€3,296 | -0.7% |
| Amounts payable within one year | 42/48 | €507,030 | €503,733 | -€3,296 | -0.7% |
| Trade debts | 44 | €151,773 | €102,725 | -€49,048 | -32.3% |
| Suppliers | 440/4 | €151,773 | €102,725 | -€49,048 | -32.3% |
| Advances received on contracts in progress | 46 | €307,560 | €341,310 | +€33,750 | +11.0% |
| Taxes, remuneration and social security | 45 | €47,697 | €59,699 | +€12,002 | +25.2% |
| Taxes | 450/3 | €37,872 | €52,672 | +€14,799 | +39.1% |
| Remuneration and social security | 454/9 | €9,825 | €7,027 | -€2,798 | -28.5% |
| Remuneration, social security and pensions | 62 | €32,226 | €33,043 | +€818 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,537 | €613 | -€5,924 | -90.6% |
| Other operating charges | 640/8 | €2,741 | €4,230 | +€1,489 | +54.3% |
| Gross operating margin | 9900 | €67,447 | €58,474 | -€8,973 | -13.3% |
| Operating profit (loss) | 9901 | €25,943 | €20,588 | -€5,355 | -20.6% |
| Financial income | 75/76B | €0 | €43 | +€43 | +13,015% |
| Recurring financial income | 75 | €0 | €43 | +€43 | +13,015% |
| Financial charges | 65/66B | €758 | €899 | +€141 | +18.6% |
| Recurring financial charges | 65 | €758 | €899 | +€141 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €25,186 | €19,733 | -€5,453 | -21.7% |
| Income taxes | 67/77 | €126 | €197 | +€72 | +56.8% |
| Profit (loss) for the period | 9904 | €25,060 | €19,535 | -€5,525 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,060 | €19,535 | -€5,525 | -22.0% |
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.