Stardust: 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.
Stardust
Largest movements
- Receivables within one year +€15,396
up €15,396 (+95.7%), from €16,095 to €31,491
of which Trade receivables: +€15,380
- Cash -€10,361
down €10,361 (-77.0%), from €13,461 to €3,101
mainly Receivables within one year (-€15,396) and Trade debts (-€10,422)
- Deferred charges and accrued income +€3,055
new in 2025: €3,055
- Other debts +€12,573
up €12,573, from €0 to €12,573
- Trade debts -€10,422
down €10,422 (-74.0%), from €14,080 to €3,658
- Reserves +€7,321
up €7,321 (+78.7%), from €9,306 to €16,627
- Tax, wage and social debts -€1,381
down €1,381 (-24.4%), from €5,671 to €4,290
- Gross operating margin +€8,415
up €8,415 (+128%), from €6,580 to €14,995
- Taxes +€3,732
up €3,732 (+152%), from €2,451 to €6,184
- Other operating charges +€559
up €559 (+105%), from €534 to €1,093
- Financial charges +€294
up €294 (+283%), from €104 to €398
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 | €64,557 | €72,647 | +€8,090 | +12.5% |
| Fixed assets | 21/28 | €35,000 | €35,000 | = | 0.0% |
| Financial fixed assets | 28 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €29,557 | €37,647 | +€8,090 | +27.4% |
| Amounts receivable within one year | 40/41 | €16,095 | €31,491 | +€15,396 | +95.7% |
| Trade receivables | 40 | €13,495 | €28,875 | +€15,380 | +114% |
| Other amounts receivable | 41 | €2,600 | €2,616 | +€16 | +0.6% |
| Cash at bank and in hand | 54/58 | €13,461 | €3,101 | -€10,361 | -77.0% |
| Deferred charges and accrued income | 490/1 | - | €3,055 | +€3,055 | |
| Total equity and liabilities | 10/49 | €64,557 | €72,647 | +€8,090 | +12.5% |
| Equity | 10/15 | €44,306 | €51,627 | +€7,321 | +16.5% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €9,306 | €16,627 | +€7,321 | +78.7% |
| Distributable reserves | 133 | €9,306 | €16,627 | +€7,321 | +78.7% |
| Amounts payable | 17/49 | €20,251 | €21,020 | +€770 | +3.8% |
| Amounts payable within one year | 42/48 | €19,751 | €20,520 | +€770 | +3.9% |
| Trade debts | 44 | €14,080 | €3,658 | -€10,422 | -74.0% |
| Suppliers | 440/4 | €14,080 | €3,658 | -€10,422 | -74.0% |
| Taxes, remuneration and social security | 45 | €5,671 | €4,290 | -€1,381 | -24.4% |
| Taxes | 450/3 | €5,671 | €4,290 | -€1,381 | -24.4% |
| Other amounts payable | 47/48 | €0 | €12,573 | +€12,573 | |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Non-recurring operating income | 76A | - | €2,697 | +€2,697 | |
| Other operating charges | 640/8 | €534 | €1,093 | +€559 | +105% |
| Gross operating margin | 9900 | €6,580 | €14,995 | +€8,415 | +128% |
| Operating profit (loss) | 9901 | €6,046 | €13,902 | +€7,856 | +130% |
| Financial income | 75/76B | €1 | €0 | -€1 | -96.7% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -96.7% |
| Financial charges | 65/66B | €104 | €398 | +€294 | +283% |
| Recurring financial charges | 65 | €104 | €398 | +€294 | +283% |
| Profit (loss) for the period before taxes | 9903 | €5,943 | €13,504 | +€7,561 | +127% |
| Income taxes | 67/77 | €2,451 | €6,184 | +€3,732 | +152% |
| Profit (loss) for the period | 9904 | €3,492 | €7,321 | +€3,829 | +110% |
| Profit (loss) for the period to be appropriated | 9905 | €3,492 | €7,321 | +€3,829 | +110% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.