STAR OFFICE: 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 OFFICE
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€20,305
up €20,305 (+60.3%), from €33,650 to €53,956
mainly Current investments (+€50,000) and Receivables within one year (+€12,321)
- Receivables within one year -€12,321
no longer reported in 2025 (was €12,321)
of which Trade receivables: -€8,726
- Tangible fixed assets -€7,787
down €7,787 (-14.8%), from €52,626 to €44,839
- Other debts -€51,626
down €51,626 (-53.2%), from €96,985 to €45,359
- Trade debts +€2,394
up €2,394 (+619%), from €387 to €2,781
- Gross operating margin -€6,075
down €6,075 (-37.4%), from €16,256 to €10,181
- Taxes -€2,829
down €2,829 (-87.7%), from €3,227 to €398
- Financial income -€1,829
down €1,829 (-53.2%), from €3,438 to €1,609
- Depreciation +€951
up €951 (+13.9%), from €6,836 to €7,787
- Staff costs -€208
down €208 (-15.8%), from €1,319 to €1,110
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 | €151,020 | €101,372 | -€49,648 | -32.9% |
| Fixed assets | 21/28 | €52,626 | €44,839 | -€7,787 | -14.8% |
| Tangible fixed assets | 22/27 | €52,626 | €44,839 | -€7,787 | -14.8% |
| Furniture and vehicles | 24 | €52,626 | €44,839 | -€7,787 | -14.8% |
| Current assets | 29/58 | €98,394 | €56,533 | -€41,861 | -42.5% |
| Amounts receivable within one year | 40/41 | €12,321 | - | -€12,321 | |
| Trade receivables | 40 | €8,726 | - | -€8,726 | |
| Other amounts receivable | 41 | €3,595 | - | -€3,595 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €33,650 | €53,956 | +€20,305 | +60.3% |
| Deferred charges and accrued income | 490/1 | €2,423 | €2,577 | +€154 | +6.4% |
| Total equity and liabilities | 10/49 | €151,020 | €101,372 | -€49,648 | -32.9% |
| Equity | 10/15 | €50,119 | €50,378 | +€259 | +0.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €31,569 | €31,828 | +€259 | +0.8% |
| Distributable reserves | 133 | €31,569 | €31,828 | +€259 | +0.8% |
| Amounts payable | 17/49 | €100,902 | €50,995 | -€49,907 | -49.5% |
| Amounts payable within one year | 42/48 | €100,902 | €50,995 | -€49,907 | -49.5% |
| Trade debts | 44 | €387 | €2,781 | +€2,394 | +619% |
| Suppliers | 440/4 | €387 | €2,781 | +€2,394 | +619% |
| Taxes, remuneration and social security | 45 | €3,530 | €2,855 | -€675 | -19.1% |
| Taxes | 450/3 | €1,655 | €2,855 | +€1,200 | +72.5% |
| Remuneration and social security | 454/9 | €1,875 | - | -€1,875 | |
| Other amounts payable | 47/48 | €96,985 | €45,359 | -€51,626 | -53.2% |
| Remuneration, social security and pensions | 62 | €1,319 | €1,110 | -€208 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,836 | €7,787 | +€951 | +13.9% |
| Other operating charges | 640/8 | €1,892 | €1,898 | +€6 | +0.3% |
| Gross operating margin | 9900 | €16,256 | €10,181 | -€6,075 | -37.4% |
| Operating profit (loss) | 9901 | €6,208 | -€615 | -€6,823 | |
| Financial income | 75/76B | €3,438 | €1,609 | -€1,829 | -53.2% |
| Recurring financial income | 75 | €3,438 | €1,609 | -€1,829 | -53.2% |
| Financial charges | 65/66B | €331 | €337 | +€7 | +2.0% |
| Recurring financial charges | 65 | €331 | €337 | +€7 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €9,315 | €657 | -€8,659 | -92.9% |
| Income taxes | 67/77 | €3,227 | €398 | -€2,829 | -87.7% |
| Profit (loss) for the period | 9904 | €6,088 | €259 | -€5,829 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,088 | €259 | -€5,829 | -95.7% |
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 25 October 2026 via checked.be.