STARTGOED: 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.
STARTGOED
Largest movements
- Cash -€31,852
down €31,852 (-93.7%), from €34,008 to €2,157
mainly Other debts (-€29,485) and Net result for the year (-€2,441)
- Other debts -€29,485
down €29,485 (-12.8%), from €230,243 to €200,758
- Financial charges -€3,453
down €3,453 (-85.2%), from €4,051 to €598
- Gross operating margin +€1,352
up €1,352 (+52.0%), from -€2,600 to -€1,249
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 | €269,019 | €237,290 | -€31,729 | -11.8% |
| Current assets | 29/58 | €269,019 | €237,290 | -€31,729 | -11.8% |
| Stocks and contracts in progress | 3 | €232,184 | €232,357 | +€174 | +0.1% |
| Stocks | 30/36 | €232,184 | €232,357 | +€174 | +0.1% |
| Amounts receivable within one year | 40/41 | €2,827 | €2,776 | -€51 | -1.8% |
| Trade receivables | 40 | - | €210 | +€210 | |
| Other amounts receivable | 41 | €2,827 | €2,566 | -€261 | -9.2% |
| Cash at bank and in hand | 54/58 | €34,008 | €2,157 | -€31,852 | -93.7% |
| Total equity and liabilities | 10/49 | €269,019 | €237,290 | -€31,729 | -11.8% |
| Equity | 10/15 | €38,038 | €35,597 | -€2,441 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,438 | €16,997 | -€2,441 | -12.6% |
| Amounts payable | 17/49 | €230,981 | €201,693 | -€29,288 | -12.7% |
| Amounts payable within one year | 42/48 | €230,981 | €201,693 | -€29,288 | -12.7% |
| Trade debts | 44 | €738 | €935 | +€197 | +26.6% |
| Suppliers | 440/4 | €738 | €935 | +€197 | +26.6% |
| Other amounts payable | 47/48 | €230,243 | €200,758 | -€29,485 | -12.8% |
| Other operating charges | 640/8 | €595 | €603 | +€7 | +1.3% |
| Gross operating margin | 9900 | -€2,600 | -€1,249 | +€1,352 | +52.0% |
| Operating profit (loss) | 9901 | -€3,196 | -€1,851 | +€1,344 | +42.1% |
| Financial income | 75/76B | €25 | €9 | -€16 | -65.9% |
| Recurring financial income | 75 | €25 | €9 | -€16 | -65.9% |
| Financial charges | 65/66B | €4,051 | €598 | -€3,453 | -85.2% |
| Recurring financial charges | 65 | €4,051 | €598 | -€3,453 | -85.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,221 | -€2,441 | +€4,781 | +66.2% |
| Profit (loss) for the period | 9904 | -€7,221 | -€2,441 | +€4,781 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,221 | -€2,441 | +€4,781 | +66.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.