STARCOLA: what changed
What changed
STARCOLA
NACE 47.716, Retail sale of clothing and accessories for women, men, children and babies (general range)
filed annual accounts (NBB)
Net result for the year
€168,287
2024 · €189,499-€21,212
Equity
€684,328
2024 · €516,041+€168,287
Cash
€474,122
2024 · €399,961+€74,161
Balance sheet total
€864,110
2024 · €687,744+€176,366
Largest movements
Assets
- Cash +€74,161
up €74,161 (+18.5%), from €399,961 to €474,122
mainly Net result for the year (+€168,287) and Tax, wage and social debts (+€18,904)
- Stocks and contracts +€70,808
up €70,808 (+31.5%), from €224,975 to €295,783
- Tangible fixed assets +€32,803
up €32,803 (+255%), from €12,865 to €45,668
of which Furniture and vehicles: +€28,863
Equity and liabilities
- Reserves +€180,000
up €180,000 (+51.4%), from €350,000 to €530,000
- Tax, wage and social debts +€18,904
up €18,904 (+13.1%), from €144,336 to €163,239
of which Taxes: +€14,062
- Profit (loss) carried forward -€11,713
down €11,713 (-73.0%), from €16,041 to €4,328
- Other debts -€9,362
down €9,362 (-84.3%), from €11,109 to €1,747
Income statement
- Gross operating margin -€17,789
down €17,789 (-3.8%), from €465,597 to €447,808
- Staff costs +€8,631
up €8,631 (+4.7%), from €184,639 to €193,270
- Taxes -€5,651
down €5,651 (-8.0%), from €70,462 to €64,811
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€189,499
Gross operating margin
-€17,789
Staff costs
-€8,631
Depreciation
-€3,060
Write-downs
+€4,089
Other operating charges
-€1,514
Financial income
+€542
Financial charges
-€500
Taxes
+€5,651
Result 2025
€168,287
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€120,963
Investment
-€46,803
Financing
€0
Cash 2024
€399,961
From operations (derived)
+€120,963
Net result for the year
+€168,287
Depreciation
+€13,352
Stocks and contracts
-€70,808
Receivables within one year
+€1,992
Deferred charges and accrued income
+€61
Trade debts
-€549
Tax, wage and social debts
+€18,904
Other debts
-€9,362
Accrued charges and deferred income
-€913
Investment (derived)
-€46,803
Investment in fixed assets (net)
-€46,155
Current investments
-€648
Cash 2025
€474,122
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €687,744 | €864,110 | +€176,366 | +25.6% |
| Fixed assets | 21/28 | €12,865 | €45,668 | +€32,803 | +255% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €12,865 | €45,668 | +€32,803 | +255% |
| Furniture and vehicles | 24 | €12,865 | €41,727 | +€28,863 | +224% |
| Other tangible fixed assets | 26 | - | €3,940 | +€3,940 | |
| Current assets | 29/58 | €674,880 | €818,443 | +€143,563 | +21.3% |
| Stocks and contracts in progress | 3 | €224,975 | €295,783 | +€70,808 | +31.5% |
| Stocks | 30/36 | €224,975 | €295,783 | +€70,808 | +31.5% |
| Amounts receivable within one year | 40/41 | €5,108 | €3,115 | -€1,992 | -39.0% |
| Trade receivables | 40 | €4,819 | €3,115 | -€1,704 | -35.4% |
| Other amounts receivable | 41 | €288 | €0 | -€288 | -100% |
| Current investments | 50/53 | €40,185 | €40,832 | +€648 | +1.6% |
| Cash at bank and in hand | 54/58 | €399,961 | €474,122 | +€74,161 | +18.5% |
| Deferred charges and accrued income | 490/1 | €4,651 | €4,590 | -€61 | -1.3% |
| Total equity and liabilities | 10/49 | €687,744 | €864,110 | +€176,366 | +25.6% |
| Equity | 10/15 | €516,041 | €684,328 | +€168,287 | +32.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €350,000 | €530,000 | +€180,000 | +51.4% |
| Distributable reserves | 133 | €350,000 | €530,000 | +€180,000 | +51.4% |
| Profit (loss) carried forward | 14 | €16,041 | €4,328 | -€11,713 | -73.0% |
| Amounts payable | 17/49 | €171,704 | €179,783 | +€8,079 | +4.7% |
| Amounts payable within one year | 42/48 | €170,679 | €179,671 | +€8,992 | +5.3% |
| Trade debts | 44 | €15,234 | €14,685 | -€549 | -3.6% |
| Suppliers | 440/4 | €15,234 | €14,685 | -€549 | -3.6% |
| Taxes, remuneration and social security | 45 | €144,336 | €163,239 | +€18,904 | +13.1% |
| Taxes | 450/3 | €124,869 | €138,931 | +€14,062 | +11.3% |
| Remuneration and social security | 454/9 | €19,467 | €24,308 | +€4,842 | +24.9% |
| Other amounts payable | 47/48 | €11,109 | €1,747 | -€9,362 | -84.3% |
| Accrued charges and deferred income | 492/3 | €1,025 | €112 | -€913 | -89.1% |
| Remuneration, social security and pensions | 62 | €184,639 | €193,270 | +€8,631 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,292 | €13,352 | +€3,060 | +29.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €21,171 | €17,082 | -€4,089 | -19.3% |
| Other operating charges | 640/8 | €2,509 | €4,024 | +€1,514 | +60.3% |
| Gross operating margin | 9900 | €465,597 | €447,808 | -€17,789 | -3.8% |
| Operating profit (loss) | 9901 | €246,985 | €220,080 | -€26,905 | -10.9% |
| Financial income | 75/76B | €15,809 | €16,351 | +€542 | +3.4% |
| Recurring financial income | 75 | €15,809 | €16,351 | +€542 | +3.4% |
| Financial charges | 65/66B | €2,833 | €3,333 | +€500 | +17.6% |
| Recurring financial charges | 65 | €2,833 | €3,333 | +€500 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €259,960 | €233,098 | -€26,863 | -10.3% |
| Income taxes | 67/77 | €70,462 | €64,811 | -€5,651 | -8.0% |
| Profit (loss) for the period | 9904 | €189,499 | €168,287 | -€21,212 | -11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €189,499 | €168,287 | -€21,212 | -11.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.