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STAROCK ENGINEERING: 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

STAROCK ENGINEERING

BE 0802.945.808
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€36,174
2024 · €30,663+€5,511
Equity
€29,866
2024 · €27,692+€2,174
Cash
€80,429
2024 · €79,546+€883
Balance sheet total
€98,917
2024 · €114,599-€15,681

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets -€14,045

    down €14,045 (-59.5%), from €23,608 to €9,563

  • Receivables within one year -€2,520

    down €2,520 (-22.2%), from €11,329 to €8,809

Equity and liabilities
  • Debts after one year -€23,608

    no longer reported in 2025 (was €23,608)

  • Other debts +€6,600

    up €6,600 (+23.6%), from €28,000 to €34,600

  • Profit (loss) carried forward +€2,174

    up €2,174 (+32.5%), from €6,692 to €8,866

Income statement
  • Gross operating margin +€6,623

    up €6,623 (+16.7%), from €39,670 to €46,292

  • Taxes +€3,178

    up €3,178 (+50.5%), from €6,291 to €9,469

  • Financial charges +€591

    up €591 (+514.2%), from €115 to €707

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 €30,663
Gross operating margin +€6,623
Other operating items +€2,600
Financial income +€58
Financial charges -€591
Taxes -€3,178
Result 2025 €36,174

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 +€45,344
Investment +€14,045
Financing -€58,506
Cash 2024 €79,546
Net result for the year +€36,174
Receivables within one year +€2,520
Trade debts +€267
Tax, wage and social debts -€217
Other debts +€6,600
Investment in fixed assets (net) +€14,045
Debts after one year -€23,608
Short-term financial debts -€898
Contributions, distributions and other -€34,000
Cash 2025 €80,429
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €114,599 €98,917 -€15,681 -13.7%
Fixed assets 21/28 €23,608 €9,563 -€14,045 -59.5%
Tangible fixed assets 22/27 €23,608 €9,563 -€14,045 -59.5%
Furniture and vehicles 24 €23,608 €9,563 -€14,045 -59.5%
Current assets 29/58 €90,991 €89,354 -€1,637 -1.8%
Amounts receivable after more than one year 29 €117 €117 = 0.0%
Other amounts receivable 291 €117 €117 = 0.0%
Amounts receivable within one year 40/41 €11,329 €8,809 -€2,520 -22.2%
Trade receivables 40 €11,329 €8,809 -€2,520 -22.2%
Cash at bank and in hand 54/58 €79,546 €80,429 +€883 +1.1%
Total equity and liabilities 10/49 €114,599 €98,917 -€15,681 -13.7%
Equity 10/15 €27,692 €29,866 +€2,174 +7.9%
Contributions 10/11 €6,000 €6,000 = 0.0%
Reserves 13 €15,000 €15,000 = 0.0%
Distributable reserves 133 €15,000 €15,000 = 0.0%
Profit (loss) carried forward 14 €6,692 €8,866 +€2,174 +32.5%
Amounts payable 17/49 €86,907 €69,051 -€17,855 -20.5%
Amounts payable after more than one year 17 €23,608 - -€23,608
Financial debts 170/4 €23,608 - -€23,608
Amounts payable within one year 42/48 €63,299 €69,051 +€5,752 +9.1%
Financial debts 43 €10,461 €9,563 -€898 -8.6%
Other loans 439 €10,461 €9,563 -€898 -8.6%
Trade debts 44 €2,683 €2,950 +€267 +10.0%
Suppliers 440/4 €183 €450 +€267 +146.1%
Bills of exchange payable 441 €2,500 €2,500 = 0.0%
Taxes, remuneration and social security 45 €22,155 €21,938 -€217 -1.0%
Taxes 450/3 €19,068 €20,958 +€1,891 +9.9%
Remuneration and social security 454/9 €3,087 €980 -€2,107 -68.3%
Other amounts payable 47/48 €28,000 €34,600 +€6,600 +23.6%
Non-recurring operating income 76A €2,600 - -€2,600
Non-recurring operating charges 66A €2,600 - -€2,600
Gross operating margin 9900 €39,670 €46,292 +€6,623 +16.7%
Operating profit (loss) 9901 €37,070 €46,292 +€9,223 +24.9%
Financial income 75/76B - €58 +€58
Recurring financial income 75 - €58 +€58
Financial charges 65/66B €115 €707 +€591 +514.2%
Recurring financial charges 65 €115 €707 +€591 +514.2%
Profit (loss) for the period before taxes 9903 €36,955 €45,644 +€8,689 +23.5%
Income taxes 67/77 €6,291 €9,469 +€3,178 +50.5%
Profit (loss) for the period 9904 €30,663 €36,174 +€5,511 +18.0%
Profit (loss) for the period to be appropriated 9905 €30,663 €36,174 +€5,511 +18.0%

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.