Star-Tracking: 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-Tracking
Largest movements
- Cash +€10,055
up €10,055 (+31.2%), from €32,187 to €42,242
mainly Other debts (+€38,127) and Deferred charges and accrued income (+€2,315)
- Receivables within one year +€5,385
up €5,385 (+20.2%), from €26,615 to €32,000
of which Trade receivables: +€6,285
- Deferred charges and accrued income -€2,315
down €2,315 (-99.9%), from €2,317 to €2
- Other debts +€38,127
up €38,127 (+239%), from €15,932 to €54,059
- Profit (loss) carried forward -€18,697
down €18,697 (-2,530%), from -€739 to -€19,436
- Trade debts -€6,280
down €6,280 (-22.9%), from €27,384 to €21,104
- Gross operating margin -€17,285
down €17,285 (-24.6%), from €70,150 to €52,865
- Staff costs +€15,833
up €15,833 (+29.9%), from €52,927 to €68,760
- Other operating charges -€10,436
down €10,436 (-95.7%), from €10,901 to €465
- Depreciation -€5,509
down €5,509 (-93.9%), from €5,868 to €359
- Taxes +€1,837
new in 2024: €1,837
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,836 | €74,602 | +€12,766 | +20.6% |
| Fixed assets | 21/28 | €717 | €358 | -€359 | -50.1% |
| Tangible fixed assets | 22/27 | €717 | €358 | -€359 | -50.1% |
| Plant, machinery and equipment | 23 | €717 | €358 | -€359 | -50.1% |
| Current assets | 29/58 | €61,119 | €74,244 | +€13,125 | +21.5% |
| Amounts receivable within one year | 40/41 | €26,615 | €32,000 | +€5,385 | +20.2% |
| Trade receivables | 40 | €25,715 | €32,000 | +€6,285 | +24.4% |
| Other amounts receivable | 41 | €900 | - | -€900 | |
| Cash at bank and in hand | 54/58 | €32,187 | €42,242 | +€10,055 | +31.2% |
| Deferred charges and accrued income | 490/1 | €2,317 | €2 | -€2,315 | -99.9% |
| Total equity and liabilities | 10/49 | €61,836 | €74,602 | +€12,766 | +20.6% |
| Equity | 10/15 | €12,568 | -€6,129 | -€18,697 | |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €1,107 | €1,107 | = | 0.0% |
| Distributable reserves | 133 | €1,107 | €1,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€739 | -€19,436 | -€18,697 | -2,530% |
| Amounts payable | 17/49 | €49,268 | €80,731 | +€31,463 | +63.9% |
| Amounts payable within one year | 42/48 | €49,268 | €80,731 | +€31,463 | +63.9% |
| Trade debts | 44 | €27,384 | €21,104 | -€6,280 | -22.9% |
| Suppliers | 440/4 | €27,384 | €21,104 | -€6,280 | -22.9% |
| Taxes, remuneration and social security | 45 | €5,952 | €5,568 | -€384 | -6.5% |
| Taxes | 450/3 | €5,952 | €4,465 | -€1,487 | -25.0% |
| Remuneration and social security | 454/9 | - | €1,103 | +€1,103 | |
| Other amounts payable | 47/48 | €15,932 | €54,059 | +€38,127 | +239% |
| Remuneration, social security and pensions | 62 | €52,927 | €68,760 | +€15,833 | +29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,868 | €359 | -€5,509 | -93.9% |
| Other operating charges | 640/8 | €10,901 | €465 | -€10,436 | -95.7% |
| Gross operating margin | 9900 | €70,150 | €52,865 | -€17,285 | -24.6% |
| Operating profit (loss) | 9901 | €454 | -€16,719 | -€17,173 | |
| Financial charges | 65/66B | €346 | €141 | -€205 | -59.2% |
| Recurring financial charges | 65 | €346 | €141 | -€205 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €108 | -€16,860 | -€16,968 | |
| Income taxes | 67/77 | - | €1,837 | +€1,837 | |
| Profit (loss) for the period | 9904 | €108 | -€18,697 | -€18,805 | |
| Profit (loss) for the period to be appropriated | 9905 | €108 | -€18,697 | -€18,805 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.