STAR TURQUOISE: 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 TURQUOISE
Largest movements
- Stocks and contracts -€2,056
down €2,056 (-5.9%), from €34,648 to €32,592
- Receivables within one year -€1,537
down €1,537 (-42.0%), from €3,656 to €2,119
- Cash +€1,020
up €1,020 (+1,259%), from €81 to €1,101
mainly Net result for the year (+€7,090) and Stocks and contracts (+€2,056)
- Trade debts -€10,875
down €10,875 (-57.2%), from €19,011 to €8,136
- Profit (loss) carried forward +€7,090
up €7,090 (+97.2%), from -€7,293 to -€203
- Other debts +€1,212
up €1,212 (+35.9%), from €3,377 to €4,589
- Depreciation -€1,900
no longer reported in 2024 (was €1,900)
- Other operating charges -€1,007
down €1,007 (-42.2%), from €2,389 to €1,382
- Gross operating margin +€531
up €531 (+6.5%), from €8,176 to €8,707
- Financial charges -€222
down €222 (-48.6%), from €457 to €235
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 | €38,385 | €35,812 | -€2,573 | -6.7% |
| Current assets | 29/58 | €38,385 | €35,812 | -€2,573 | -6.7% |
| Stocks and contracts in progress | 3 | €34,648 | €32,592 | -€2,056 | -5.9% |
| Stocks | 30/36 | €34,648 | €32,592 | -€2,056 | -5.9% |
| Amounts receivable within one year | 40/41 | €3,656 | €2,119 | -€1,537 | -42.0% |
| Other amounts receivable | 41 | €3,656 | €2,119 | -€1,537 | -42.0% |
| Cash at bank and in hand | 54/58 | €81 | €1,101 | +€1,020 | +1,259% |
| Total equity and liabilities | 10/49 | €38,385 | €35,812 | -€2,573 | -6.7% |
| Equity | 10/15 | €5,307 | €12,397 | +€7,090 | +134% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,293 | -€203 | +€7,090 | +97.2% |
| Amounts payable | 17/49 | €33,078 | €23,415 | -€9,663 | -29.2% |
| Amounts payable within one year | 42/48 | €33,078 | €23,415 | -€9,663 | -29.2% |
| Trade debts | 44 | €19,011 | €8,136 | -€10,875 | -57.2% |
| Suppliers | 440/4 | €19,011 | €8,136 | -€10,875 | -57.2% |
| Taxes, remuneration and social security | 45 | €10,690 | €10,690 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,690 | €10,690 | = | 0.0% |
| Other amounts payable | 47/48 | €3,377 | €4,589 | +€1,212 | +35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | - | -€1,900 | |
| Other operating charges | 640/8 | €2,389 | €1,382 | -€1,007 | -42.2% |
| Gross operating margin | 9900 | €8,176 | €8,707 | +€531 | +6.5% |
| Operating profit (loss) | 9901 | €3,887 | €7,325 | +€3,438 | +88.4% |
| Financial charges | 65/66B | €457 | €235 | -€222 | -48.6% |
| Recurring financial charges | 65 | €457 | €235 | -€222 | -48.6% |
| Profit (loss) for the period before taxes | 9903 | €3,430 | €7,090 | +€3,660 | +107% |
| Profit (loss) for the period | 9904 | €3,430 | €7,090 | +€3,660 | +107% |
| Profit (loss) for the period to be appropriated | 9905 | €3,430 | €7,090 | +€3,660 | +107% |
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 20 October 2026 via checked.be.