STARLOOPS: 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.
STARLOOPS
Largest movements
- Cash +€143,841
up €143,841 (+181.8%), from €79,133 to €222,974
mainly Net result for the year (+€75,592) and Depreciation (+€53,522)
- Tangible fixed assets -€34,361
down €34,361 (-27.5%), from €124,732 to €90,371
of which Plant, machinery and equipment: -€29,275
- Receivables within one year +€10,299
up €10,299 (+45.0%), from €22,864 to €33,162
- Reserves +€75,000
up €75,000 (+49.7%), from €150,860 to €225,860
of which Distributable reserves: +€75,000
- Other debts +€20,270
up €20,270 (+151.1%), from €13,418 to €33,688
- Tax, wage and social debts +€15,476
up €15,476 (+99.4%), from €15,575 to €31,050
of which Remuneration and social security: +€9,902
- Investment grants +€11,368
new in 2025: €11,368
- Trade debts -€5,201
down €5,201 (-58.9%), from €8,836 to €3,635
- Gross operating margin +€34,549
up €34,549 (+29.7%), from €116,398 to €150,946
- Depreciation +€13,536
up €13,536 (+33.9%), from €39,986 to €53,522
- Taxes +€4,846
up €4,846 (+23.4%), from €20,743 to €25,589
- Financial income +€3,407
up €3,407 (+5096.9%), from €67 to €3,474
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.
Cash bridge derived
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 | €226,728 | €346,507 | +€119,778 | +52.8% |
| Fixed assets | 21/28 | €124,732 | €90,371 | -€34,361 | -27.5% |
| Tangible fixed assets | 22/27 | €124,732 | €90,371 | -€34,361 | -27.5% |
| Plant, machinery and equipment | 23 | €62,737 | €33,463 | -€29,275 | -46.7% |
| Furniture and vehicles | 24 | €49,300 | €47,427 | -€1,873 | -3.8% |
| Other tangible fixed assets | 26 | €12,695 | €9,481 | -€3,214 | -25.3% |
| Current assets | 29/58 | €101,996 | €256,136 | +€154,139 | +151.1% |
| Amounts receivable within one year | 40/41 | €22,864 | €33,162 | +€10,299 | +45.0% |
| Trade receivables | 40 | €22,864 | €33,162 | +€10,299 | +45.0% |
| Cash at bank and in hand | 54/58 | €79,133 | €222,974 | +€143,841 | +181.8% |
| Total equity and liabilities | 10/49 | €226,728 | €346,507 | +€119,778 | +52.8% |
| Equity | 10/15 | €188,900 | €275,860 | +€86,960 | +46.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €150,860 | €225,860 | +€75,000 | +49.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €149,000 | €224,000 | +€75,000 | +50.3% |
| Profit (loss) carried forward | 14 | €19,440 | €20,032 | +€592 | +3.0% |
| Investment grants | 15 | - | €11,368 | +€11,368 | |
| Provisions and deferred taxes | 16 | - | €2,274 | +€2,274 | |
| Deferred taxes | 168 | - | €2,274 | +€2,274 | |
| Amounts payable | 17/49 | €37,829 | €68,373 | +€30,544 | +80.7% |
| Amounts payable within one year | 42/48 | €37,829 | €68,373 | +€30,544 | +80.7% |
| Trade debts | 44 | €8,836 | €3,635 | -€5,201 | -58.9% |
| Suppliers | 440/4 | €8,836 | €3,635 | -€5,201 | -58.9% |
| Taxes, remuneration and social security | 45 | €15,575 | €31,050 | +€15,476 | +99.4% |
| Taxes | 450/3 | €15,575 | €21,148 | +€5,573 | +35.8% |
| Remuneration and social security | 454/9 | - | €9,902 | +€9,902 | |
| Other amounts payable | 47/48 | €13,418 | €33,688 | +€20,270 | +151.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,986 | €53,522 | +€13,536 | +33.9% |
| Other operating charges | 640/8 | €815 | €53 | -€762 | -93.5% |
| Gross operating margin | 9900 | €116,398 | €150,946 | +€34,549 | +29.7% |
| Operating profit (loss) | 9901 | €75,596 | €97,372 | +€21,775 | +28.8% |
| Financial income | 75/76B | €67 | €3,474 | +€3,407 | +5096.9% |
| Recurring financial income | 75 | €67 | €3,474 | +€3,407 | +5096.9% |
| Financial charges | 65/66B | €391 | €232 | -€158 | -40.5% |
| Recurring financial charges | 65 | €391 | €232 | -€158 | -40.5% |
| Profit (loss) for the period before taxes | 9903 | €75,272 | €100,613 | +€25,340 | +33.7% |
| Transfer from deferred taxes | 780 | - | €568 | +€568 | |
| Income taxes | 67/77 | €20,743 | €25,589 | +€4,846 | +23.4% |
| Profit (loss) for the period | 9904 | €54,529 | €75,592 | +€21,063 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €54,529 | €75,592 | +€21,063 | +38.6% |
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 29 September 2026 via checked.be.