Starker: 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.
Starker
Largest movements
- Receivables within one year +€45,442
up €45,442 (+58.5%), from €77,700 to €123,142
of which Trade receivables: +€45,425
- Reserves +€47,291
up €47,291 (+109%), from €43,519 to €90,810
- Tax, wage and social debts -€3,934
down €3,934 (-13.2%), from €29,748 to €25,814
- Other debts +€1,646
up €1,646 (+59.5%), from €2,765 to €4,411
- Gross operating margin +€5,882
up €5,882 (+9.1%), from €64,828 to €70,710
- Taxes +€2,348
up €2,348 (+11.5%), from €20,350 to €22,698
- Depreciation -€942
no longer reported in 2025 (was €942)
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 | €78,887 | €124,030 | +€45,143 | +57.2% |
| Current assets | 29/58 | €78,887 | €124,030 | +€45,143 | +57.2% |
| Amounts receivable within one year | 40/41 | €77,700 | €123,142 | +€45,442 | +58.5% |
| Trade receivables | 40 | €77,700 | €123,125 | +€45,425 | +58.5% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Cash at bank and in hand | 54/58 | €1,187 | €888 | -€299 | -25.2% |
| Total equity and liabilities | 10/49 | €78,887 | €124,030 | +€45,143 | +57.2% |
| Equity | 10/15 | €46,019 | €93,310 | +€47,291 | +103% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €43,519 | €90,810 | +€47,291 | +109% |
| Distributable reserves | 133 | €43,519 | €90,810 | +€47,291 | +109% |
| Amounts payable | 17/49 | €32,868 | €30,720 | -€2,147 | -6.5% |
| Amounts payable within one year | 42/48 | €32,868 | €30,720 | -€2,147 | -6.5% |
| Trade debts | 44 | €355 | €495 | +€140 | +39.4% |
| Suppliers | 440/4 | €355 | €495 | +€140 | +39.4% |
| Taxes, remuneration and social security | 45 | €29,748 | €25,814 | -€3,934 | -13.2% |
| Taxes | 450/3 | €29,748 | €25,814 | -€3,934 | -13.2% |
| Other amounts payable | 47/48 | €2,765 | €4,411 | +€1,646 | +59.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | - | -€942 | |
| Other operating charges | 640/8 | - | €507 | +€507 | |
| Gross operating margin | 9900 | €64,828 | €70,710 | +€5,882 | +9.1% |
| Operating profit (loss) | 9901 | €63,886 | €70,203 | +€6,316 | +9.9% |
| Financial charges | 65/66B | €17 | €214 | +€197 | +1,183% |
| Recurring financial charges | 65 | €17 | €214 | +€197 | +1,183% |
| Profit (loss) for the period before taxes | 9903 | €63,869 | €69,989 | +€6,119 | +9.6% |
| Income taxes | 67/77 | €20,350 | €22,698 | +€2,348 | +11.5% |
| Profit (loss) for the period | 9904 | €43,519 | €47,291 | +€3,771 | +8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,519 | €47,291 | +€3,771 | +8.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.