STARLINGS: 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.
STARLINGS
Largest movements
- Financial fixed assets +€200,000
up €200,000 (+417%), from €48,000 to €248,000
- Other debts +€200,000
new in 2025: €200,000
- Trade debts -€6,050
down €6,050 (-100%), from €6,050 to €0
- Reserves +€2,731
up €2,731 (+47.6%), from €5,743 to €8,474
- Financial charges +€1,203
up €1,203 (+2,548%), from €47 to €1,251
- Gross operating margin -€1,000
down €1,000 (-14.6%), from €6,835 to €5,835
- Taxes -€689
down €689 (-33.0%), from €2,088 to €1,398
- Other operating charges -€73
down €73 (-13.8%), from €528 to €455
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 | €60,506 | €257,929 | +€197,423 | +326% |
| Fixed assets | 21/28 | €48,000 | €248,000 | +€200,000 | +417% |
| Financial fixed assets | 28 | €48,000 | €248,000 | +€200,000 | +417% |
| Current assets | 29/58 | €12,506 | €9,929 | -€2,577 | -20.6% |
| Amounts receivable within one year | 40/41 | €9,680 | €9,075 | -€605 | -6.3% |
| Trade receivables | 40 | €9,680 | €9,075 | -€605 | -6.3% |
| Cash at bank and in hand | 54/58 | €2,826 | €854 | -€1,972 | -69.8% |
| Total equity and liabilities | 10/49 | €60,506 | €257,929 | +€197,423 | +326% |
| Equity | 10/15 | €50,743 | €53,474 | +€2,731 | +5.4% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Reserves | 13 | €5,743 | €8,474 | +€2,731 | +47.6% |
| Distributable reserves | 133 | €5,743 | €8,474 | +€2,731 | +47.6% |
| Amounts payable | 17/49 | €9,764 | €204,455 | +€194,692 | +1,994% |
| Amounts payable within one year | 42/48 | €9,376 | €202,957 | +€193,581 | +2,065% |
| Trade debts | 44 | €6,050 | €0 | -€6,050 | -100% |
| Suppliers | 440/4 | €6,050 | €0 | -€6,050 | -100% |
| Taxes, remuneration and social security | 45 | €3,326 | €2,957 | -€369 | -11.1% |
| Taxes | 450/3 | €3,326 | €2,957 | -€369 | -11.1% |
| Other amounts payable | 47/48 | - | €200,000 | +€200,000 | |
| Accrued charges and deferred income | 492/3 | €387 | €1,498 | +€1,111 | +287% |
| Other operating charges | 640/8 | €528 | €455 | -€73 | -13.8% |
| Gross operating margin | 9900 | €6,835 | €5,835 | -€1,000 | -14.6% |
| Operating profit (loss) | 9901 | €6,307 | €5,380 | -€927 | -14.7% |
| Financial charges | 65/66B | €47 | €1,251 | +€1,203 | +2,548% |
| Recurring financial charges | 65 | €47 | €1,251 | +€1,203 | +2,548% |
| Profit (loss) for the period before taxes | 9903 | €6,260 | €4,129 | -€2,130 | -34.0% |
| Income taxes | 67/77 | €2,088 | €1,398 | -€689 | -33.0% |
| Profit (loss) for the period | 9904 | €4,172 | €2,731 | -€1,441 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,172 | €2,731 | -€1,441 | -34.5% |
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 18 October 2026 via checked.be.