Start2Boat: 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.
Start2Boat
Largest movements
- Receivables within one year +€1,926
up €1,926 (+12.6%), from €15,284 to €17,210
of which Other amounts receivable: +€2,311
- Cash -€1,129
down €1,129 (-2.3%), from €49,368 to €48,240
mainly Receivables within one year (-€1,926) and Other debts (-€500)
- Tax, wage and social debts +€1,267
up €1,267 (+128%), from €986 to €2,253
- Gross operating margin +€3,689
up €3,689, from -€2,446 to €1,243
- Other operating charges +€533
up €533 (+136%), from €393 to €927
- Financial income -€377
down €377 (-100.0%), from €377 to €0
- Financial charges -€236
down €236 (-82.7%), from €285 to €49
- Taxes -€90
down €90 (-396%), from -€23 to -€113
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 | €69,127 | €69,924 | +€797 | +1.2% |
| Fixed assets | 21/28 | €4,475 | €4,475 | = | 0.0% |
| Financial fixed assets | 28 | €4,475 | €4,475 | = | 0.0% |
| Current assets | 29/58 | €64,652 | €65,449 | +€797 | +1.2% |
| Amounts receivable within one year | 40/41 | €15,284 | €17,210 | +€1,926 | +12.6% |
| Trade receivables | 40 | €6,674 | €6,289 | -€385 | -5.8% |
| Other amounts receivable | 41 | €8,610 | €10,921 | +€2,311 | +26.8% |
| Cash at bank and in hand | 54/58 | €49,368 | €48,240 | -€1,129 | -2.3% |
| Total equity and liabilities | 10/49 | €69,127 | €69,924 | +€797 | +1.2% |
| Equity | 10/15 | €60,303 | €60,333 | +€30 | 0.0% |
| Contributions | 10/11 | €52,250 | €52,250 | = | 0.0% |
| Reserves | 13 | €8,053 | €8,083 | +€30 | +0.4% |
| Non-distributable reserves | 130/1 | €47 | €47 | = | 0.0% |
| Reserves not available under the articles | 1311 | €47 | €47 | = | 0.0% |
| Distributable reserves | 133 | €8,006 | €8,036 | +€30 | +0.4% |
| Amounts payable | 17/49 | €8,825 | €9,591 | +€767 | +8.7% |
| Amounts payable within one year | 42/48 | €8,825 | €9,591 | +€767 | +8.7% |
| Trade debts | 44 | €4,235 | €4,235 | = | 0.0% |
| Suppliers | 440/4 | €4,235 | €4,235 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €986 | €2,253 | +€1,267 | +128% |
| Taxes | 450/3 | €986 | €2,253 | +€1,267 | +128% |
| Other amounts payable | 47/48 | €3,603 | €3,103 | -€500 | -13.9% |
| Other operating charges | 640/8 | €393 | €927 | +€533 | +136% |
| Gross operating margin | 9900 | -€2,446 | €1,243 | +€3,689 | |
| Operating profit (loss) | 9901 | -€2,839 | €317 | +€3,156 | |
| Financial income | 75/76B | €377 | €0 | -€377 | -100.0% |
| Recurring financial income | 75 | €377 | €0 | -€377 | -100.0% |
| Financial charges | 65/66B | €285 | €49 | -€236 | -82.7% |
| Recurring financial charges | 65 | €285 | €49 | -€236 | -82.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,748 | €267 | +€3,015 | |
| Income taxes | 67/77 | -€23 | -€113 | -€90 | -396% |
| Profit (loss) for the period | 9904 | -€2,725 | €381 | +€3,105 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,725 | €381 | +€3,105 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.