STAR PLUS EXPRESS: what changed
Two fiscal 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 PLUS EXPRESS
Largest movements
- Stocks and contracts -€2,410
down €2,410 (-8.6%), from €27,880 to €25,469
- Receivables within one year -€465
down €465 (-88.1%), from €528 to €63
- Short-term financial debts -€7,463
down €7,463 (-52.4%), from €14,236 to €6,773
- Tax, wage and social debts +€3,776
up €3,776 (+1466.6%), from €257 to €4,034
- Profit (loss) carried forward +€2,538
up €2,538 (+20.0%), from €12,659 to €15,197
- Trade debts -€1,916
down €1,916 (-54.7%), from €3,504 to €1,588
- Gross operating margin +€2,379
up €2,379 (+112.8%), from €2,110 to €4,488
- Taxes -€640
down €640 (-40.0%), from €1,600 to €960
- Other operating charges +€264
up €264 (+51.4%), from €512 to €776
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.
Cash bridge derived
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 | €31,505 | €28,440 | -€3,065 | -9.7% |
| Fixed assets | 21/28 | €2,700 | €2,700 | = | 0.0% |
| Financial fixed assets | 28 | €2,700 | €2,700 | = | 0.0% |
| Current assets | 29/58 | €28,805 | €25,740 | -€3,065 | -10.6% |
| Stocks and contracts in progress | 3 | €27,880 | €25,469 | -€2,410 | -8.6% |
| Stocks | 30/36 | €27,880 | €25,469 | -€2,410 | -8.6% |
| Amounts receivable within one year | 40/41 | €528 | €63 | -€465 | -88.1% |
| Other amounts receivable | 41 | €528 | €63 | -€465 | -88.1% |
| Cash at bank and in hand | 54/58 | €397 | €207 | -€190 | -47.8% |
| Total equity and liabilities | 10/49 | €31,505 | €28,440 | -€3,065 | -9.7% |
| Equity | 10/15 | €13,508 | €16,046 | +€2,538 | +18.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Capital | 10 | €100 | - | -€100 | |
| Issued capital | 100 | €100 | - | -€100 | |
| Reserves | 13 | €749 | €749 | = | 0.0% |
| Non-distributable reserves | 130/1 | €749 | - | -€749 | |
| Legal reserve | 130 | €749 | - | -€749 | |
| Distributable reserves | 133 | - | €749 | +€749 | |
| Profit (loss) carried forward | 14 | €12,659 | €15,197 | +€2,538 | +20.0% |
| Amounts payable | 17/49 | €17,997 | €12,394 | -€5,603 | -31.1% |
| Amounts payable within one year | 42/48 | €17,997 | €12,394 | -€5,603 | -31.1% |
| Financial debts | 43 | €14,236 | €6,773 | -€7,463 | -52.4% |
| Credit institutions | 430/8 | €14,236 | €6,773 | -€7,463 | -52.4% |
| Trade debts | 44 | €3,504 | €1,588 | -€1,916 | -54.7% |
| Suppliers | 440/4 | €3,504 | €1,588 | -€1,916 | -54.7% |
| Taxes, remuneration and social security | 45 | €257 | €4,034 | +€3,776 | +1466.6% |
| Taxes | 450/3 | €257 | €4,034 | +€3,776 | +1466.6% |
| Other operating charges | 640/8 | €512 | €776 | +€264 | +51.4% |
| Gross operating margin | 9900 | €2,110 | €4,488 | +€2,379 | +112.8% |
| Operating profit (loss) | 9901 | €1,597 | €3,712 | +€2,115 | +132.4% |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €192 | €215 | +€23 | +11.9% |
| Recurring financial charges | 65 | €192 | €215 | +€23 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €1,413 | €3,498 | +€2,085 | +147.6% |
| Income taxes | 67/77 | €1,600 | €960 | -€640 | -40.0% |
| Profit (loss) for the period | 9904 | -€187 | €2,538 | +€2,725 | |
| Profit (loss) for the period to be appropriated | 9905 | -€187 | €2,538 | +€2,725 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.