StarRise: 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.
StarRise
Largest movements
- Receivables within one year -€3,965
no longer reported in 2025 (was €3,965)
of which Other amounts receivable: -€3,925
- Cash -€548
down €548 (-8.9%), from €6,163 to €5,615
mainly Net result for the year (-€4,504) and Deferred charges and accrued income (-€9)
- Profit (loss) carried forward -€4,376
new in 2025: -€4,376
- Reserves -€128
no longer reported in 2025 (was €128)
- Gross operating margin -€3,361
down €3,361 (-157.0%), from -€2,140 to -€5,502
- Financial income +€1,073
up €1,073 (+257.3%), from €417 to €1,490
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 | €10,128 | €5,624 | -€4,504 | -44.5% |
| Current assets | 29/58 | €10,128 | €5,624 | -€4,504 | -44.5% |
| Amounts receivable within one year | 40/41 | €3,965 | - | -€3,965 | |
| Trade receivables | 40 | €40 | - | -€40 | |
| Other amounts receivable | 41 | €3,925 | - | -€3,925 | |
| Cash at bank and in hand | 54/58 | €6,163 | €5,615 | -€548 | -8.9% |
| Deferred charges and accrued income | 490/1 | - | €9 | +€9 | |
| Total equity and liabilities | 10/49 | €10,128 | €5,624 | -€4,504 | -44.5% |
| Equity | 10/15 | €10,128 | €5,624 | -€4,504 | -44.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €128 | - | -€128 | |
| Distributable reserves | 133 | €128 | - | -€128 | |
| Profit (loss) carried forward | 14 | - | -€4,376 | -€4,376 | |
| Other operating charges | 640/8 | €445 | €444 | -€1 | -0.2% |
| Gross operating margin | 9900 | -€2,140 | -€5,502 | -€3,361 | -157.0% |
| Operating profit (loss) | 9901 | -€2,585 | -€5,946 | -€3,361 | -130.0% |
| Financial income | 75/76B | €417 | €1,490 | +€1,073 | +257.3% |
| Recurring financial income | 75 | €417 | €1,490 | +€1,073 | +257.3% |
| Financial charges | 65/66B | €75 | €48 | -€27 | -36.3% |
| Recurring financial charges | 65 | €75 | €48 | -€27 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,243 | -€4,504 | -€2,260 | -100.7% |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | -€2,255 | -€4,504 | -€2,249 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,255 | -€4,504 | -€2,249 | -99.7% |
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 3 October 2026 via checked.be.