STAR TECHNICS: 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 TECHNICS
Largest movements
- Cash -€21,870
down €21,870 (-54.8%), from €39,882 to €18,012
mainly Tax, wage and social debts (-€17,687) and Trade debts (-€14,453)
- Receivables within one year -€12,630
down €12,630 (-26.9%), from €46,989 to €34,358
of which Other amounts receivable: -€14,587
- Tangible fixed assets +€2,196
up €2,196 (+908.9%), from €242 to €2,438
- Tax, wage and social debts -€17,687
down €17,687 (-97.2%), from €18,196 to €509
- Trade debts -€14,453
down €14,453 (-97.8%), from €14,771 to €318
- Accrued charges and deferred income -€1,000
down €1,000 (-100.0%), from €1,000 to €0
- Gross operating margin -€55,146
down €55,146 (-93.4%), from €59,052 to €3,906
- Taxes -€17,687
down €17,687 (-97.2%), from €18,196 to €509
- Financial charges -€967
down €967 (-76.8%), from €1,259 to €291
- Depreciation +€730
up €730 (+137.3%), from €532 to €1,262
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 | €87,195 | €54,895 | -€32,300 | -37.0% |
| Fixed assets | 21/28 | €242 | €2,438 | +€2,196 | +908.9% |
| Tangible fixed assets | 22/27 | €242 | €2,438 | +€2,196 | +908.9% |
| Furniture and vehicles | 24 | €242 | €2,438 | +€2,196 | +908.9% |
| Current assets | 29/58 | €86,954 | €52,457 | -€34,496 | -39.7% |
| Amounts receivable within one year | 40/41 | €46,989 | €34,358 | -€12,630 | -26.9% |
| Trade receivables | 40 | €22,107 | €24,063 | +€1,956 | +8.8% |
| Other amounts receivable | 41 | €24,881 | €10,295 | -€14,587 | -58.6% |
| Cash at bank and in hand | 54/58 | €39,882 | €18,012 | -€21,870 | -54.8% |
| Deferred charges and accrued income | 490/1 | €83 | €87 | +€4 | +5.3% |
| Total equity and liabilities | 10/49 | €87,195 | €54,895 | -€32,300 | -37.0% |
| Equity | 10/15 | €53,228 | €54,068 | +€840 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,500 | €38,500 | = | 0.0% |
| Distributable reserves | 133 | €38,500 | €38,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,528 | €9,368 | +€840 | +9.8% |
| Amounts payable | 17/49 | €33,967 | €827 | -€33,140 | -97.6% |
| Amounts payable within one year | 42/48 | €32,967 | €827 | -€32,140 | -97.5% |
| Trade debts | 44 | €14,771 | €318 | -€14,453 | -97.8% |
| Suppliers | 440/4 | €14,771 | €318 | -€14,453 | -97.8% |
| Taxes, remuneration and social security | 45 | €18,196 | €509 | -€17,687 | -97.2% |
| Taxes | 450/3 | €18,196 | €509 | -€17,687 | -97.2% |
| Accrued charges and deferred income | 492/3 | €1,000 | €0 | -€1,000 | -100.0% |
| Remuneration, social security and pensions | 62 | - | €361 | +€361 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €1,262 | +€730 | +137.3% |
| Other operating charges | 640/8 | €516 | €644 | +€128 | +24.7% |
| Gross operating margin | 9900 | €59,052 | €3,906 | -€55,146 | -93.4% |
| Operating profit (loss) | 9901 | €58,005 | €1,640 | -€56,364 | -97.2% |
| Financial charges | 65/66B | €1,259 | €291 | -€967 | -76.8% |
| Recurring financial charges | 65 | €1,259 | €291 | -€967 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €56,746 | €1,349 | -€55,397 | -97.6% |
| Income taxes | 67/77 | €18,196 | €509 | -€17,687 | -97.2% |
| Profit (loss) for the period | 9904 | €38,549 | €840 | -€37,709 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,549 | €840 | -€37,709 | -97.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.