Startelec: 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.
Startelec
Largest movements
- Receivables within one year +€9,861
up €9,861 (+86.5%), from €11,406 to €21,267
of which Trade receivables: +€9,354
- Cash +€6,635
up €6,635 (+686.3%), from €967 to €7,602
mainly Net result for the year (+€14,072) and Trade debts (+€4,769)
- Profit (loss) carried forward +€14,072
up €14,072 (+96.1%), from -€14,647 to -€575
- Trade debts +€4,769
up €4,769 (+48.5%), from €9,826 to €14,594
- Other debts -€2,965
down €2,965 (-65.4%), from €4,537 to €1,572
- Tax, wage and social debts +€512
new in 2024: €512
- Gross operating margin +€16,937
up €16,937, from -€1,549 to €15,389
- Taxes +€481
up €481 (+687328.6%), from €0 to €481
- Staff costs +€224
new in 2024: €224
- Depreciation -€222
down €222 (-100.0%), from €222 to €0
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 | €14,065 | €30,454 | +€16,388 | +116.5% |
| Fixed assets | 21/28 | €225 | €225 | = | 0.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €13,840 | €30,229 | +€16,388 | +118.4% |
| Stocks and contracts in progress | 3 | €1,297 | €1,297 | = | 0.0% |
| Stocks | 30/36 | €1,297 | €1,297 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,406 | €21,267 | +€9,861 | +86.5% |
| Trade receivables | 40 | €11,205 | €20,558 | +€9,354 | +83.5% |
| Other amounts receivable | 41 | €201 | €708 | +€507 | +252.5% |
| Cash at bank and in hand | 54/58 | €967 | €7,602 | +€6,635 | +686.3% |
| Deferred charges and accrued income | 490/1 | €171 | €63 | -€108 | -63.0% |
| Total equity and liabilities | 10/49 | €14,065 | €30,454 | +€16,388 | +116.5% |
| Equity | 10/15 | -€297 | €13,775 | +€14,072 | |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €4,850 | €4,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €3,850 | €3,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,647 | -€575 | +€14,072 | +96.1% |
| Amounts payable | 17/49 | €14,363 | €16,679 | +€2,316 | +16.1% |
| Amounts payable within one year | 42/48 | €14,363 | €16,679 | +€2,316 | +16.1% |
| Trade debts | 44 | €9,826 | €14,594 | +€4,769 | +48.5% |
| Suppliers | 440/4 | €9,826 | €14,594 | +€4,769 | +48.5% |
| Taxes, remuneration and social security | 45 | - | €512 | +€512 | |
| Taxes | 450/3 | - | €512 | +€512 | |
| Other amounts payable | 47/48 | €4,537 | €1,572 | -€2,965 | -65.4% |
| Remuneration, social security and pensions | 62 | - | €224 | +€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222 | €0 | -€222 | -100.0% |
| Other operating charges | 640/8 | €384 | €533 | +€149 | +38.7% |
| Gross operating margin | 9900 | -€1,549 | €15,389 | +€16,937 | |
| Operating profit (loss) | 9901 | -€2,155 | €14,632 | +€16,787 | |
| Financial income | 75/76B | €39 | €13 | -€26 | -66.1% |
| Recurring financial income | 75 | €39 | €13 | -€26 | -66.1% |
| Financial charges | 65/66B | €131 | €91 | -€40 | -30.3% |
| Recurring financial charges | 65 | €131 | €91 | -€40 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,247 | €14,554 | +€16,801 | |
| Income taxes | 67/77 | €0 | €481 | +€481 | +687328.6% |
| Profit (loss) for the period | 9904 | -€2,248 | €14,072 | +€16,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,248 | €14,072 | +€16,320 |
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 12 October 2026 via checked.be.