Start-Immo: 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.
Start-Immo
Largest movements
- Receivables within one year +€23,658
up €23,658 (+127.7%), from €18,524 to €42,183
of which Trade receivables: +€24,869
- Cash +€4,863
up €4,863 (+505.6%), from €962 to €5,824
mainly Net result for the year (+€9,463) and Other debts (+€8,752)
- Tangible fixed assets -€1,584
down €1,584 (-26.0%), from €6,094 to €4,510
of which Plant, machinery and equipment: -€1,196
- Intangible fixed assets -€920
down €920 (-66.7%), from €1,379 to €460
- Profit (loss) carried forward +€9,463
up €9,463 (+40.6%), from -€23,317 to -€13,854
- Other debts +€8,752
up €8,752 (+23.6%), from €37,133 to €45,885
- Tax, wage and social debts +€4,622
up €4,622 (+140.8%), from €3,282 to €7,904
of which Remuneration and social security: +€3,120
- Trade debts +€3,265
up €3,265 (+126.6%), from €2,578 to €5,843
- Gross operating margin +€29,352
up €29,352 (+475.5%), from €6,173 to €35,525
- Staff costs +€3,420
up €3,420 (+20.8%), from €16,444 to €19,864
- Other operating charges +€2,146
up €2,146 (+355.0%), from €604 to €2,750
- Depreciation -€1,641
down €1,641 (-39.6%), from €4,144 to €2,503
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 | €27,746 | €53,847 | +€26,101 | +94.1% |
| Fixed assets | 21/28 | €7,473 | €5,020 | -€2,453 | -32.8% |
| Intangible fixed assets | 21 | €1,379 | €460 | -€920 | -66.7% |
| Tangible fixed assets | 22/27 | €6,094 | €4,510 | -€1,584 | -26.0% |
| Plant, machinery and equipment | 23 | €5,480 | €4,284 | -€1,196 | -21.8% |
| Furniture and vehicles | 24 | €614 | €225 | -€388 | -63.3% |
| Financial fixed assets | 28 | - | €50 | +€50 | |
| Current assets | 29/58 | €20,273 | €48,828 | +€28,554 | +140.8% |
| Amounts receivable within one year | 40/41 | €18,524 | €42,183 | +€23,658 | +127.7% |
| Trade receivables | 40 | €17,314 | €42,183 | +€24,869 | +143.6% |
| Other amounts receivable | 41 | €1,210 | - | -€1,210 | |
| Cash at bank and in hand | 54/58 | €962 | €5,824 | +€4,863 | +505.6% |
| Deferred charges and accrued income | 490/1 | €787 | €821 | +€34 | +4.3% |
| Total equity and liabilities | 10/49 | €27,746 | €53,847 | +€26,101 | +94.1% |
| Equity | 10/15 | -€15,247 | -€5,784 | +€9,463 | +62.1% |
| Contributions | 10/11 | €6,210 | €6,210 | = | 0.0% |
| Outside capital | 11 | €6,210 | - | -€6,210 | |
| Other | 1109/19 | €6,210 | - | -€6,210 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,317 | -€13,854 | +€9,463 | +40.6% |
| Amounts payable | 17/49 | €42,993 | €59,631 | +€16,639 | +38.7% |
| Amounts payable within one year | 42/48 | €42,993 | €59,631 | +€16,639 | +38.7% |
| Trade debts | 44 | €2,578 | €5,843 | +€3,265 | +126.6% |
| Suppliers | 440/4 | €2,578 | €5,843 | +€3,265 | +126.6% |
| Taxes, remuneration and social security | 45 | €3,282 | €7,904 | +€4,622 | +140.8% |
| Taxes | 450/3 | €1,411 | €2,913 | +€1,502 | +106.5% |
| Remuneration and social security | 454/9 | €1,871 | €4,991 | +€3,120 | +166.7% |
| Other amounts payable | 47/48 | €37,133 | €45,885 | +€8,752 | +23.6% |
| Remuneration, social security and pensions | 62 | €16,444 | €19,864 | +€3,420 | +20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,144 | €2,503 | -€1,641 | -39.6% |
| Other operating charges | 640/8 | €604 | €2,750 | +€2,146 | +355.0% |
| Gross operating margin | 9900 | €6,173 | €35,525 | +€29,352 | +475.5% |
| Operating profit (loss) | 9901 | -€15,019 | €10,408 | +€25,427 | |
| Financial income | 75/76B | €16 | €54 | +€39 | +247.3% |
| Recurring financial income | 75 | €16 | €54 | +€39 | +247.3% |
| Financial charges | 65/66B | €1,167 | €1,000 | -€167 | -14.4% |
| Recurring financial charges | 65 | €1,167 | €1,000 | -€167 | -14.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,171 | €9,463 | +€25,633 | |
| Income taxes | 67/77 | -€164 | - | +€164 | |
| Profit (loss) for the period | 9904 | -€16,007 | €9,463 | +€25,470 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,007 | €9,463 | +€25,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.