STARK IT: 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.
STARK IT
Largest movements
- Tangible fixed assets +€23,307
up €23,307 (+291%), from €7,998 to €31,305
- Cash +€8,407
up €8,407 (+23.7%), from €35,399 to €43,806
mainly Net result for the year (+€24,174) and Depreciation (+€6,940)
- Deferred charges and accrued income -€2,815
down €2,815 (-91.2%), from €3,086 to €271
- Receivables within one year -€1,298
down €1,298 (-7.7%), from €16,769 to €15,471
of which Trade receivables: -€1,526
- Profit (loss) carried forward +€24,174
up €24,174 (+49.6%), from €48,733 to €72,906
- Tax, wage and social debts +€2,979
up €2,979 (+21.6%), from €13,808 to €16,787
of which Remuneration and social security: +€1,840
- Gross operating margin +€12,244
up €12,244 (+33.9%), from €36,139 to €48,383
- Taxes +€3,526
up €3,526 (+57.4%), from €6,140 to €9,667
- Depreciation +€3,115
up €3,115 (+81.4%), from €3,825 to €6,940
- Other operating charges +€1,860
up €1,860 (+190%), from €977 to €2,837
- Financial charges -€602
down €602 (-14.1%), from €4,282 to €3,680
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 | €63,252 | €90,853 | +€27,601 | +43.6% |
| Fixed assets | 21/28 | €7,998 | €31,305 | +€23,307 | +291% |
| Tangible fixed assets | 22/27 | €7,998 | €31,305 | +€23,307 | +291% |
| Furniture and vehicles | 24 | €7,998 | €31,305 | +€23,307 | +291% |
| Current assets | 29/58 | €55,255 | €59,548 | +€4,294 | +7.8% |
| Amounts receivable within one year | 40/41 | €16,769 | €15,471 | -€1,298 | -7.7% |
| Trade receivables | 40 | €15,609 | €14,083 | -€1,526 | -9.8% |
| Other amounts receivable | 41 | €1,160 | €1,388 | +€228 | +19.7% |
| Cash at bank and in hand | 54/58 | €35,399 | €43,806 | +€8,407 | +23.7% |
| Deferred charges and accrued income | 490/1 | €3,086 | €271 | -€2,815 | -91.2% |
| Total equity and liabilities | 10/49 | €63,252 | €90,853 | +€27,601 | +43.6% |
| Equity | 10/15 | €49,233 | €73,406 | +€24,174 | +49.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,733 | €72,906 | +€24,174 | +49.6% |
| Amounts payable | 17/49 | €14,020 | €17,447 | +€3,427 | +24.4% |
| Amounts payable within one year | 42/48 | €14,020 | €17,447 | +€3,427 | +24.4% |
| Trade debts | 44 | €212 | €556 | +€345 | +163% |
| Suppliers | 440/4 | €212 | €556 | +€345 | +163% |
| Taxes, remuneration and social security | 45 | €13,808 | €16,787 | +€2,979 | +21.6% |
| Taxes | 450/3 | €13,808 | €14,947 | +€1,139 | +8.2% |
| Remuneration and social security | 454/9 | - | €1,840 | +€1,840 | |
| Other amounts payable | 47/48 | €0 | €103 | +€103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,825 | €6,940 | +€3,115 | +81.4% |
| Other operating charges | 640/8 | €977 | €2,837 | +€1,860 | +190% |
| Non-recurring operating charges | 66A | €0 | €1,086 | +€1,086 | |
| Gross operating margin | 9900 | €36,139 | €48,383 | +€12,244 | +33.9% |
| Operating profit (loss) | 9901 | €31,337 | €37,520 | +€6,183 | +19.7% |
| Financial income | 75/76B | €6 | €1 | -€6 | -91.7% |
| Recurring financial income | 75 | €6 | €1 | -€6 | -91.7% |
| Financial charges | 65/66B | €4,282 | €3,680 | -€602 | -14.1% |
| Recurring financial charges | 65 | €4,282 | €3,680 | -€602 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €27,061 | €33,840 | +€6,779 | +25.1% |
| Income taxes | 67/77 | €6,140 | €9,667 | +€3,526 | +57.4% |
| Profit (loss) for the period | 9904 | €20,921 | €24,174 | +€3,253 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,921 | €24,174 | +€3,253 | +15.5% |
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 20 October 2026 via checked.be.