STARPLAN PMO: 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.
STARPLAN PMO
Largest movements
- Cash -€51,651
down €51,651 (-21.1%), from €244,813 to €193,162
mainly Contributions, distributions and other (-€56,057) and Receivables within one year (-€20,136)
- Receivables within one year +€20,136
up €20,136 (+76.8%), from €26,207 to €46,343
of which Trade receivables: +€14,553
- Deferred charges and accrued income -€9,758
down €9,758 (-42.6%), from €22,897 to €13,138
- Reserves -€52,195
down €52,195 (-19.3%), from €269,847 to €217,651
of which Distributable reserves: -€52,195
- Other debts +€26,544
up €26,544 (+1,031%), from €2,575 to €29,119
- Trade debts -€9,521
down €9,521 (-73.7%), from €12,917 to €3,396
- Tax, wage and social debts -€7,210
down €7,210 (-89.2%), from €8,081 to €872
of which Taxes: -€4,167
- Gross operating margin -€19,767
down €19,767 (-61.3%), from €32,221 to €12,454
- Taxes -€4,724
down €4,724 (-63.7%), from €7,413 to €2,689
- Financial income +€1,111
up €1,111 (+179%), from €622 to €1,732
- Financial charges -€917
down €917 (-36.4%), from €2,524 to €1,607
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 | €312,020 | €269,638 | -€42,382 | -13.6% |
| Fixed assets | 21/28 | €18,104 | €16,995 | -€1,109 | -6.1% |
| Tangible fixed assets | 22/27 | €18,042 | €16,934 | -€1,109 | -6.1% |
| Furniture and vehicles | 24 | €15,435 | €15,179 | -€256 | -1.7% |
| Other tangible fixed assets | 26 | €2,607 | €1,754 | -€853 | -32.7% |
| Financial fixed assets | 28 | €61 | €61 | = | 0.0% |
| Current assets | 29/58 | €293,916 | €252,643 | -€41,273 | -14.0% |
| Amounts receivable within one year | 40/41 | €26,207 | €46,343 | +€20,136 | +76.8% |
| Trade receivables | 40 | €11,790 | €26,343 | +€14,553 | +123% |
| Other amounts receivable | 41 | €14,417 | €20,000 | +€5,583 | +38.7% |
| Cash at bank and in hand | 54/58 | €244,813 | €193,162 | -€51,651 | -21.1% |
| Deferred charges and accrued income | 490/1 | €22,897 | €13,138 | -€9,758 | -42.6% |
| Total equity and liabilities | 10/49 | €312,020 | €269,638 | -€42,382 | -13.6% |
| Equity | 10/15 | €288,447 | €236,251 | -€52,195 | -18.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €269,847 | €217,651 | -€52,195 | -19.3% |
| 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 | €267,987 | €215,791 | -€52,195 | -19.5% |
| Amounts payable | 17/49 | €23,573 | €33,387 | +€9,813 | +41.6% |
| Amounts payable within one year | 42/48 | €23,573 | €33,387 | +€9,813 | +41.6% |
| Trade debts | 44 | €12,917 | €3,396 | -€9,521 | -73.7% |
| Suppliers | 440/4 | €12,917 | €3,396 | -€9,521 | -73.7% |
| Taxes, remuneration and social security | 45 | €8,081 | €872 | -€7,210 | -89.2% |
| Taxes | 450/3 | €5,038 | €872 | -€4,167 | -82.7% |
| Remuneration and social security | 454/9 | €3,043 | - | -€3,043 | |
| Other amounts payable | 47/48 | €2,575 | €29,119 | +€26,544 | +1,031% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,122 | €5,359 | +€237 | +4.6% |
| Other operating charges | 640/8 | €501 | €670 | +€169 | +33.7% |
| Gross operating margin | 9900 | €32,221 | €12,454 | -€19,767 | -61.3% |
| Operating profit (loss) | 9901 | €26,598 | €6,425 | -€20,173 | -75.8% |
| Financial income | 75/76B | €622 | €1,732 | +€1,111 | +179% |
| Recurring financial income | 75 | €622 | €1,732 | +€1,111 | +179% |
| Financial charges | 65/66B | €2,524 | €1,607 | -€917 | -36.4% |
| Recurring financial charges | 65 | €2,524 | €1,607 | -€917 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €24,695 | €6,551 | -€18,145 | -73.5% |
| Income taxes | 67/77 | €7,413 | €2,689 | -€4,724 | -63.7% |
| Profit (loss) for the period | 9904 | €17,282 | €3,861 | -€13,421 | -77.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,282 | €3,861 | -€13,421 | -77.7% |
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 16 October 2026 via checked.be.