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STARIUS CLASSICS: what changed

Two fiscal 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.

What changed

STARIUS CLASSICS

BE 0726.884.544
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€25,964
2024 · €508,746-€534,709
Equity
€934,723
2024 · €960,686-€25,964
Cash
€28,594
2024 · €14,643+€13,951
Balance sheet total
€1.2m
2024 · €1.3m-€62,740

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€40,674

    down €40,674 (-77.6%), from €52,389 to €11,714

    of which Trade receivables: -€43,174

  • Tangible fixed assets -€29,419

    down €29,419 (-7.9%), from €374,190 to €344,771

    of which Furniture and vehicles: -€17,862

  • Cash +€13,951

    up €13,951 (+95.3%), from €14,643 to €28,594

    mainly Depreciation (+€62,531) and Receivables within one year (+€40,674)

  • Deferred charges and accrued income -€13,897

    down €13,897 (-100.0%), from €13,897 to €0

Equity and liabilities
  • Reserves -€25,964

    down €25,964 (-5.1%), from €510,686 to €484,723

  • Other debts -€21,883

    down €21,883 (-15.4%), from €141,761 to €119,878

  • Debts after one year -€19,343

    down €19,343 (-15.6%), from €124,197 to €104,854

Income statement
  • Financial income -€546,383

    down €546,383 (-99.8%), from €547,583 to €1,199

  • Gross operating margin -€3,785

    down €3,785 (-9.0%), from €42,173 to €38,388

  • Other operating charges -€2,165

    down €2,165 (-40.6%), from €5,340 to €3,174

  • Financial charges +€678

    up €678 (+36.9%), from €1,837 to €2,515

  • Depreciation -€437

    down €437 (-0.7%), from €62,968 to €62,531

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €508,746
Gross operating margin -€3,785
Depreciation +€437
Other operating charges +€2,165
Other operating items +€13,534
Financial income -€546,383
Financial charges -€678
Result 2025 -€25,964

Cash bridge derived

cash 2024 to 2025

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.

From operations +€66,209
Investment -€33,111
Financing -€19,147
Cash 2024 €14,643
Net result for the year -€25,964
Depreciation +€62,531
Stocks and contracts -€7,300
Receivables within one year +€40,674
Deferred charges and accrued income +€13,897
Trade debts -€2,051
Tax, wage and social debts +€388
Other debts -€21,883
Accrued charges and deferred income +€5,916
Investment in fixed assets (net) -€33,111
Debts after one year -€19,343
Current portion of long-term debt +€196
Cash 2025 €28,594
Every line side by side 48 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,273,156 €1,210,416 -€62,740 -4.9%
Fixed assets 21/28 €374,190 €344,771 -€29,419 -7.9%
Intangible fixed assets 21 €0 - =
Tangible fixed assets 22/27 €374,190 €344,771 -€29,419 -7.9%
Land and buildings 22 €222,284 €213,211 -€9,074 -4.1%
Plant, machinery and equipment 23 €4,344 €1,860 -€2,484 -57.2%
Furniture and vehicles 24 €147,562 €129,700 -€17,862 -12.1%
Financial fixed assets 28 €0 - =
Current assets 29/58 €898,966 €865,646 -€33,320 -3.7%
Amounts receivable after more than one year 29 €0 - =
Other amounts receivable 291 €0 - =
Stocks and contracts in progress 3 €818,038 €825,338 +€7,300 +0.9%
Stocks 30/36 €818,038 €825,338 +€7,300 +0.9%
Amounts receivable within one year 40/41 €52,389 €11,714 -€40,674 -77.6%
Trade receivables 40 €52,389 €9,214 -€43,174 -82.4%
Other amounts receivable 41 €0 €2,500 +€2,500
Cash at bank and in hand 54/58 €14,643 €28,594 +€13,951 +95.3%
Deferred charges and accrued income 490/1 €13,897 €0 -€13,897 -100.0%
Total equity and liabilities 10/49 €1,273,156 €1,210,416 -€62,740 -4.9%
Equity 10/15 €960,686 €934,723 -€25,964 -2.7%
Contributions 10/11 €450,000 €450,000 = 0.0%
Reserves 13 €510,686 €484,723 -€25,964 -5.1%
Distributable reserves 133 €510,686 €484,723 -€25,964 -5.1%
Amounts payable 17/49 €312,470 €275,694 -€36,776 -11.8%
Amounts payable after more than one year 17 €124,197 €104,854 -€19,343 -15.6%
Financial debts 170/4 €124,197 €104,854 -€19,343 -15.6%
Amounts payable within one year 42/48 €178,331 €154,982 -€23,349 -13.1%
Current portion of amounts payable after more than one year 42 €19,147 €19,343 +€196 +1.0%
Financial debts 43 €0 - =
Other loans 439 €0 - =
Trade debts 44 €17,382 €15,332 -€2,051 -11.8%
Suppliers 440/4 €17,382 €15,332 -€2,051 -11.8%
Taxes, remuneration and social security 45 €41 €429 +€388 +954.7%
Taxes 450/3 €41 €429 +€388 +954.7%
Other amounts payable 47/48 €141,761 €119,878 -€21,883 -15.4%
Accrued charges and deferred income 492/3 €9,942 €15,858 +€5,916 +59.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €62,968 €62,531 -€437 -0.7%
Other operating charges 640/8 €5,340 €3,174 -€2,165 -40.6%
Non-recurring operating charges 66A €10,864 -€2,670 -€13,534
Gross operating margin 9900 €42,173 €38,388 -€3,785 -9.0%
Operating profit (loss) 9901 -€37,000 -€24,647 +€12,352 +33.4%
Financial income 75/76B €547,583 €1,199 -€546,383 -99.8%
Recurring financial income 75 €547,583 €1,199 -€546,383 -99.8%
Financial charges 65/66B €1,837 €2,515 +€678 +36.9%
Recurring financial charges 65 €1,837 €2,515 +€678 +36.9%
Profit (loss) for the period before taxes 9903 €508,746 -€25,964 -€534,709
Profit (loss) for the period 9904 €508,746 -€25,964 -€534,709
Profit (loss) for the period to be appropriated 9905 €508,746 -€25,964 -€534,709

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.