Starslinks: 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.
Starslinks
Largest movements
- Receivables within one year -€5,093
down €5,093 (-99.0%), from €5,143 to €49
of which Trade receivables: -€5,143
- Cash +€4,128
up €4,128 (+52.2%), from €7,903 to €12,031
mainly Receivables within one year (+€5,093) and Deferred charges and accrued income (+€1)
- Profit (loss) carried forward -€508
down €508 (-42.4%), from -€1,198 to -€1,706
- Tax, wage and social debts -€458
no longer reported in 2025 (was €458)
- Gross operating margin +€1,203
up €1,203, from -€654 to €550
- Other operating charges +€427
up €427 (+111.0%), from €384 to €811
- Financial charges +€87
up €87 (+54.2%), from €160 to €247
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 | €14,260 | €13,294 | -€966 | -6.8% |
| Fixed assets | 21/28 | €270 | €270 | = | 0.0% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €13,990 | €13,024 | -€966 | -6.9% |
| Amounts receivable within one year | 40/41 | €5,143 | €49 | -€5,093 | -99.0% |
| Trade receivables | 40 | €5,143 | - | -€5,143 | |
| Other amounts receivable | 41 | - | €49 | +€49 | |
| Cash at bank and in hand | 54/58 | €7,903 | €12,031 | +€4,128 | +52.2% |
| Deferred charges and accrued income | 490/1 | €945 | €944 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €14,260 | €13,294 | -€966 | -6.8% |
| Equity | 10/15 | €13,802 | €13,294 | -€508 | -3.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,198 | -€1,706 | -€508 | -42.4% |
| Amounts payable | 17/49 | €458 | - | -€458 | |
| Amounts payable within one year | 42/48 | €458 | - | -€458 | |
| Taxes, remuneration and social security | 45 | €458 | - | -€458 | |
| Taxes | 450/3 | €458 | - | -€458 | |
| Other operating charges | 640/8 | €384 | €811 | +€427 | +111.0% |
| Gross operating margin | 9900 | -€654 | €550 | +€1,203 | |
| Operating profit (loss) | 9901 | -€1,038 | -€262 | +€776 | +74.8% |
| Financial charges | 65/66B | €160 | €247 | +€87 | +54.2% |
| Recurring financial charges | 65 | €160 | €247 | +€87 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,198 | -€508 | +€690 | +57.6% |
| Profit (loss) for the period | 9904 | -€1,198 | -€508 | +€690 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,198 | -€508 | +€690 | +57.6% |
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 7 October 2026 via checked.be.