STAR SANCAK: 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 SANCAK
Largest movements
- Receivables within one year -€13,294
down €13,294 (-38.3%), from €34,695 to €21,400
of which Other amounts receivable: -€12,455
- Tangible fixed assets +€12,447
up €12,447 (+24.0%), from €51,754 to €64,200
- Stocks and contracts +€7,500
up €7,500 (+24.2%), from €31,000 to €38,500
- Cash -€4,270
down €4,270 (-16.3%), from €26,215 to €21,945
mainly Investment in fixed assets (net) (-€28,250) and Trade debts (-€25,765)
- Profit (loss) carried forward +€28,159
up €28,159 (+45.6%), from -€61,807 to -€33,649
- Trade debts -€25,765
down €25,765 (-22.2%), from €116,249 to €90,484
- Tax, wage and social debts -€11,778
down €11,778 (-36.9%), from €31,937 to €20,159
of which Remuneration and social security: -€11,942
- Other debts +€11,767
up €11,767 (+23.0%), from €51,085 to €62,852
- Gross operating margin +€87,732
up €87,732 (+213%), from €41,279 to €129,011
- Staff costs +€46,201
up €46,201 (+131%), from €35,255 to €81,456
- Other operating charges -€14,027
down €14,027 (-81.0%), from €17,324 to €3,296
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 | €143,663 | €146,045 | +€2,382 | +1.7% |
| Fixed assets | 21/28 | €51,754 | €64,200 | +€12,447 | +24.0% |
| Tangible fixed assets | 22/27 | €51,754 | €64,200 | +€12,447 | +24.0% |
| Plant, machinery and equipment | 23 | €51,754 | €64,200 | +€12,447 | +24.0% |
| Current assets | 29/58 | €91,910 | €81,845 | -€10,064 | -11.0% |
| Stocks and contracts in progress | 3 | €31,000 | €38,500 | +€7,500 | +24.2% |
| Stocks | 30/36 | €31,000 | €38,500 | +€7,500 | +24.2% |
| Amounts receivable within one year | 40/41 | €34,695 | €21,400 | -€13,294 | -38.3% |
| Trade receivables | 40 | €839 | - | -€839 | |
| Other amounts receivable | 41 | €33,855 | €21,400 | -€12,455 | -36.8% |
| Cash at bank and in hand | 54/58 | €26,215 | €21,945 | -€4,270 | -16.3% |
| Total equity and liabilities | 10/49 | €143,663 | €146,045 | +€2,382 | +1.7% |
| Equity | 10/15 | -€55,607 | -€27,449 | +€28,159 | +50.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,807 | -€33,649 | +€28,159 | +45.6% |
| Amounts payable | 17/49 | €199,271 | €173,494 | -€25,776 | -12.9% |
| Amounts payable within one year | 42/48 | €199,271 | €173,494 | -€25,776 | -12.9% |
| Trade debts | 44 | €116,249 | €90,484 | -€25,765 | -22.2% |
| Suppliers | 440/4 | €116,249 | €90,484 | -€25,765 | -22.2% |
| Taxes, remuneration and social security | 45 | €31,937 | €20,159 | -€11,778 | -36.9% |
| Taxes | 450/3 | €3,495 | €3,659 | +€164 | +4.7% |
| Remuneration and social security | 454/9 | €28,442 | €16,500 | -€11,942 | -42.0% |
| Other amounts payable | 47/48 | €51,085 | €62,852 | +€11,767 | +23.0% |
| Remuneration, social security and pensions | 62 | €35,255 | €81,456 | +€46,201 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,062 | €15,804 | -€1,258 | -7.4% |
| Other operating charges | 640/8 | €17,324 | €3,296 | -€14,027 | -81.0% |
| Gross operating margin | 9900 | €41,279 | €129,011 | +€87,732 | +213% |
| Operating profit (loss) | 9901 | -€28,361 | €28,455 | +€56,816 | |
| Financial charges | 65/66B | €289 | €296 | +€8 | +2.6% |
| Recurring financial charges | 65 | €289 | €296 | +€8 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,650 | €28,159 | +€56,808 | |
| Profit (loss) for the period | 9904 | -€28,650 | €28,159 | +€56,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€28,650 | €28,159 | +€56,808 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.