Starion Technologies: 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.
Starion Technologies
Largest movements
- Receivables within one year -€1.2m
down €1.2m (-22.6%), from €5.5m to €4.3m
of which Trade receivables: -€2.3m
- Stocks and contracts -€776,011
no longer reported in 2025 (was €776,011)
- Cash +€346,015
up €346,015 (+2,079%), from €16,642 to €362,657
mainly Receivables within one year (+€1.2m) and Stocks and contracts (+€776,011)
- Trade debts -€1.7m
down €1.7m (-24.9%), from €6.9m to €5.2m
- Profit (loss) carried forward -€873,199
down €873,199 (-91.5%), from -€954,102 to -€1.8m
- Advances received +€519,368
up €519,368 (+340%), from €152,707 to €672,075
- Other debts +€424,170
new in 2025: €424,170
- Short-term financial debts -€64,714
no longer reported in 2025 (was €64,714)
- Turnover -€4.6m
no longer reported in 2025 (was €4.6m)
- Purchases and services -€4.3m
no longer reported in 2025 (was €4.3m)
- Staff costs +€626,186
up €626,186 (+75.8%), from €826,074 to €1.5m
- Gross operating margin +€267,224
up €267,224 (+78.6%), from €339,922 to €607,146
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 | €6,363,947 | €4,677,003 | -€1.7m | -26.5% |
| Fixed assets | 21/28 | €77,241 | €51,737 | -€25,504 | -33.0% |
| Intangible fixed assets | 21 | €75,616 | €50,251 | -€25,365 | -33.5% |
| Tangible fixed assets | 22/27 | €139 | - | -€139 | |
| Furniture and vehicles | 24 | €139 | - | -€139 | |
| Financial fixed assets | 28 | €1,486 | €1,486 | = | 0.0% |
| Current assets | 29/58 | €6,286,706 | €4,625,266 | -€1.7m | -26.4% |
| Stocks and contracts in progress | 3 | €776,011 | - | -€776,011 | |
| Contracts in progress | 37 | €776,011 | - | -€776,011 | |
| Amounts receivable within one year | 40/41 | €5,494,053 | €4,251,865 | -€1.2m | -22.6% |
| Trade receivables | 40 | €5,126,466 | €2,779,135 | -€2.3m | -45.8% |
| Other amounts receivable | 41 | €367,587 | €1,472,730 | +€1.1m | +301% |
| Cash at bank and in hand | 54/58 | €16,642 | €362,657 | +€346,015 | +2,079% |
| Deferred charges and accrued income | 490/1 | - | €10,744 | +€10,744 | |
| Total equity and liabilities | 10/49 | €6,363,947 | €4,677,003 | -€1.7m | -26.5% |
| Equity | 10/15 | -€889,936 | -€1,763,136 | -€873,200 | -98.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,666 | €2,666 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €2,666 | €2,666 | -€0 | 0.0% |
| Legal reserve | 130 | €2,666 | €2,666 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€954,102 | -€1,827,301 | -€873,199 | -91.5% |
| Amounts payable | 17/49 | €7,253,883 | €6,440,139 | -€813,744 | -11.2% |
| Amounts payable within one year | 42/48 | €7,253,883 | €6,440,139 | -€813,744 | -11.2% |
| Financial debts | 43 | €64,714 | - | -€64,714 | |
| Other loans | 439 | €64,714 | - | -€64,714 | |
| Trade debts | 44 | €6,910,033 | €5,190,749 | -€1.7m | -24.9% |
| Suppliers | 440/4 | €6,910,033 | €5,190,749 | -€1.7m | -24.9% |
| Advances received on contracts in progress | 46 | €152,707 | €672,075 | +€519,368 | +340% |
| Taxes, remuneration and social security | 45 | €126,429 | €153,145 | +€26,716 | +21.1% |
| Taxes | 450/3 | €52,471 | - | -€52,471 | |
| Remuneration and social security | 454/9 | €73,958 | €153,145 | +€79,187 | +107% |
| Other amounts payable | 47/48 | - | €424,170 | +€424,170 | |
| Turnover | 70 | €4,620,733 | - | -€4.6m | |
| Goods, raw materials, services and sundry goods | 60/61 | €4,330,065 | - | -€4.3m | |
| Remuneration, social security and pensions | 62 | €826,074 | €1,452,260 | +€626,186 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,995 | €25,504 | +€2,509 | +10.9% |
| Other operating charges | 640/8 | €507 | - | -€507 | |
| Gross operating margin | 9900 | €339,922 | €607,146 | +€267,224 | +78.6% |
| Operating profit (loss) | 9901 | -€509,654 | -€870,618 | -€360,964 | -70.8% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €7,641 | €2,587 | -€5,054 | -66.1% |
| Recurring financial charges | 65 | €7,641 | €2,587 | -€5,054 | -66.1% |
| Profit (loss) for the period before taxes | 9903 | -€517,295 | -€873,200 | -€355,905 | -68.8% |
| Profit (loss) for the period | 9904 | -€517,295 | -€873,200 | -€355,905 | -68.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€517,295 | -€873,200 | -€355,905 | -68.8% |
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 18 October 2026 via checked.be.