STARTEK: 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.
STARTEK
Largest movements
- Cash -€13,301
down €13,301 (-18.2%), from €72,963 to €59,662
mainly Other debts (-€8,279) and Receivables within one year (-€6,529)
- Receivables within one year +€6,529
up €6,529 (+130.6%), from €5,000 to €11,529
of which Trade receivables: +€5,000
- Tangible fixed assets +€2,822
up €2,822 (+116.9%), from €2,413 to €5,235
- Profit (loss) carried forward +€13,116
up €13,116 (+25.0%), from €52,437 to €65,553
- Other debts -€8,279
no longer reported in 2025 (was €8,279)
- Tax, wage and social debts -€6,052
down €6,052 (-41.7%), from €14,506 to €8,454
- Trade debts -€2,849
down €2,849 (-68.8%), from €4,143 to €1,294
- Gross operating margin +€1,836
up €1,836 (+9.4%), from €19,448 to €21,284
- Depreciation +€880
up €880 (+282.1%), from €312 to €1,192
- Other operating charges +€288
up €288 (+19.8%), from €1,455 to €1,743
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 | €81,365 | €77,301 | -€4,064 | -5.0% |
| Fixed assets | 21/28 | €2,776 | €5,598 | +€2,822 | +101.7% |
| Tangible fixed assets | 22/27 | €2,413 | €5,235 | +€2,822 | +116.9% |
| Furniture and vehicles | 24 | €2,413 | €5,235 | +€2,822 | +116.9% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €78,589 | €71,703 | -€6,886 | -8.8% |
| Amounts receivable within one year | 40/41 | €5,000 | €11,529 | +€6,529 | +130.6% |
| Trade receivables | 40 | €5,000 | €10,000 | +€5,000 | +100.0% |
| Other amounts receivable | 41 | - | €1,529 | +€1,529 | |
| Cash at bank and in hand | 54/58 | €72,963 | €59,662 | -€13,301 | -18.2% |
| Deferred charges and accrued income | 490/1 | €626 | €512 | -€114 | -18.2% |
| Total equity and liabilities | 10/49 | €81,365 | €77,301 | -€4,064 | -5.0% |
| Equity | 10/15 | €54,437 | €67,553 | +€13,116 | +24.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,437 | €65,553 | +€13,116 | +25.0% |
| Amounts payable | 17/49 | €26,928 | €9,748 | -€17,180 | -63.8% |
| Amounts payable within one year | 42/48 | €26,928 | €9,748 | -€17,180 | -63.8% |
| Trade debts | 44 | €4,143 | €1,294 | -€2,849 | -68.8% |
| Suppliers | 440/4 | €4,143 | €1,294 | -€2,849 | -68.8% |
| Taxes, remuneration and social security | 45 | €14,506 | €8,454 | -€6,052 | -41.7% |
| Taxes | 450/3 | €14,506 | €8,454 | -€6,052 | -41.7% |
| Other amounts payable | 47/48 | €8,279 | - | -€8,279 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €312 | €1,192 | +€880 | +282.1% |
| Other operating charges | 640/8 | €1,455 | €1,743 | +€288 | +19.8% |
| Gross operating margin | 9900 | €19,448 | €21,284 | +€1,836 | +9.4% |
| Operating profit (loss) | 9901 | €17,681 | €18,349 | +€668 | +3.8% |
| Financial income | 75/76B | €3 | €19 | +€16 | +533.3% |
| Recurring financial income | 75 | €3 | €19 | +€16 | +533.3% |
| Financial charges | 65/66B | €357 | €166 | -€191 | -53.5% |
| Recurring financial charges | 65 | €357 | €166 | -€191 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €17,327 | €18,202 | +€875 | +5.0% |
| Income taxes | 67/77 | €5,065 | €5,086 | +€21 | +0.4% |
| Profit (loss) for the period | 9904 | €12,262 | €13,116 | +€854 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,262 | €13,116 | +€854 | +7.0% |
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 9 October 2026 via checked.be.