STARSS: 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.
STARSS
Largest movements
- Cash -€61,110
down €61,110 (-57.5%), from €106,220 to €45,110
mainly Net result for the year (-€104,321) and Short-term financial debts (-€41,550)
- Receivables within one year -€55,348
down €55,348 (-24.1%), from €229,363 to €174,015
of which Trade receivables: -€59,750
- Deferred charges and accrued income -€20,383
down €20,383 (-69.8%), from €29,213 to €8,830
- Tangible fixed assets -€7,013
down €7,013 (-29.6%), from €23,696 to €16,683
of which Furniture and vehicles: -€6,562
- Profit (loss) carried forward -€104,321
down €104,321 (-32.4%), from -€321,835 to -€426,156
- Trade debts +€67,409
up €67,409 (+56.3%), from €119,655 to €187,064
- Short-term financial debts -€41,550
down €41,550 (-47.5%), from €87,384 to €45,834
- Other debts -€31,264
down €31,264 (-7.3%), from €426,977 to €395,713
- Tax, wage and social debts -€28,706
down €28,706 (-56.9%), from €50,484 to €21,779
of which Remuneration and social security: -€18,385
- Gross operating margin -€84,599
down €84,599 (-38.0%), from €222,400 to €137,800
- Staff costs -€24,828
down €24,828 (-10.5%), from €236,034 to €211,205
- Other operating charges +€18,623
up €18,623 (+2079.8%), from €895 to €19,518
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €388,493 | €244,639 | -€143,854 | -37.0% |
| Fixed assets | 21/28 | €23,696 | €16,683 | -€7,013 | -29.6% |
| Tangible fixed assets | 22/27 | €23,696 | €16,683 | -€7,013 | -29.6% |
| Plant, machinery and equipment | 23 | €1,506 | €1,055 | -€451 | -29.9% |
| Furniture and vehicles | 24 | €22,190 | €15,628 | -€6,562 | -29.6% |
| Current assets | 29/58 | €364,796 | €227,955 | -€136,841 | -37.5% |
| Amounts receivable within one year | 40/41 | €229,363 | €174,015 | -€55,348 | -24.1% |
| Trade receivables | 40 | €228,508 | €168,758 | -€59,750 | -26.1% |
| Other amounts receivable | 41 | €854 | €5,257 | +€4,403 | +515.3% |
| Cash at bank and in hand | 54/58 | €106,220 | €45,110 | -€61,110 | -57.5% |
| Deferred charges and accrued income | 490/1 | €29,213 | €8,830 | -€20,383 | -69.8% |
| Total equity and liabilities | 10/49 | €388,493 | €244,639 | -€143,854 | -37.0% |
| Equity | 10/15 | -€301,430 | -€405,751 | -€104,321 | -34.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | -€321,835 | -€426,156 | -€104,321 | -32.4% |
| Amounts payable | 17/49 | €689,922 | €650,389 | -€39,533 | -5.7% |
| Amounts payable within one year | 42/48 | €689,922 | €650,389 | -€39,533 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €5,422 | €0 | -€5,422 | -100.0% |
| Financial debts | 43 | €87,384 | €45,834 | -€41,550 | -47.5% |
| Credit institutions | 430/8 | €87,384 | €45,834 | -€41,550 | -47.5% |
| Trade debts | 44 | €119,655 | €187,064 | +€67,409 | +56.3% |
| Suppliers | 440/4 | €119,655 | €187,064 | +€67,409 | +56.3% |
| Taxes, remuneration and social security | 45 | €50,484 | €21,779 | -€28,706 | -56.9% |
| Taxes | 450/3 | €11,096 | €776 | -€10,321 | -93.0% |
| Remuneration and social security | 454/9 | €39,388 | €21,003 | -€18,385 | -46.7% |
| Other amounts payable | 47/48 | €426,977 | €395,713 | -€31,264 | -7.3% |
| Remuneration, social security and pensions | 62 | €236,034 | €211,205 | -€24,828 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,452 | €7,013 | -€1,440 | -17.0% |
| Other operating charges | 640/8 | €895 | €19,518 | +€18,623 | +2079.8% |
| Gross operating margin | 9900 | €222,400 | €137,800 | -€84,599 | -38.0% |
| Operating profit (loss) | 9901 | -€22,982 | -€99,936 | -€76,955 | -334.9% |
| Financial charges | 65/66B | €4,343 | €3,874 | -€469 | -10.8% |
| Recurring financial charges | 65 | €4,343 | €3,874 | -€469 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | -€27,325 | -€103,811 | -€76,486 | -279.9% |
| Income taxes | 67/77 | €265 | €510 | +€245 | +92.5% |
| Profit (loss) for the period | 9904 | -€27,590 | -€104,321 | -€76,731 | -278.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,590 | -€104,321 | -€76,731 | -278.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.