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STARTNET SERVICES: 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.

What changed

STARTNET SERVICES

BE 0715.829.712
NACE 63.100, Computing infrastructure, data processing, hosting and related activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€7,013
2024 · €6,329+€684
Equity
€37,148
2024 · €30,135+€7,013
Cash
€8,812
2024 · €2,034+€6,778
Balance sheet total
€49,057
2024 · €42,412+€6,645

Largest movements

2024 to 2025
Assets
  • Cash +€6,778

    up €6,778 (+333%), from €2,034 to €8,812

    mainly Net result for the year (+€7,013) and Receivables within one year (+€4,494)

  • Receivables after one year +€4,540

    up €4,540 (+25.1%), from €18,085 to €22,625

  • Receivables within one year -€4,494

    down €4,494 (-21.7%), from €20,688 to €16,194

    of which Trade receivables: -€3,693

Equity and liabilities
  • Reserves +€7,013

    up €7,013 (+24.9%), from €28,135 to €35,148

  • Trade debts -€2,387

    down €2,387 (-50.5%), from €4,724 to €2,337

  • Tax, wage and social debts +€2,019

    up €2,019 (+26.7%), from €7,553 to €9,572

    of which Taxes: +€3,894

Income statement
  • Other operating charges -€568

    down €568 (-80.6%), from €705 to €137

  • Taxes -€381

    down €381 (-9.1%), from €4,178 to €3,797

  • Gross operating margin -€311

    down €311 (-2.7%), from €11,443 to €11,132

  • Financial charges -€161

    down €161 (-31.8%), from €506 to €345

  • Financial income -€116

    down €116 (-21.2%), from €548 to €432

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €6,329
Gross operating margin -€311
Depreciation +€1
Other operating charges +€568
Financial income -€116
Financial charges +€161
Taxes +€381
Result 2025 €7,013
raises the resultlowers the result

Derived cash bridge

cash 2024 to 2025

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.

From operations +€6,778
Investment €0
Financing €0
Cash 2024 €2,034
Net result for the year +€7,013
Depreciation +€272
Receivables after one year -€4,540
Receivables within one year +€4,494
Deferred charges and accrued income -€93
Trade debts -€2,387
Tax, wage and social debts +€2,019
Cash 2025 €8,812
brings cash intakes cash out
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €42,412 €49,057 +€6,645 +15.7%
Fixed assets 21/28 €728 €456 -€272 -37.4%
Tangible fixed assets 22/27 €728 €456 -€272 -37.4%
Furniture and vehicles 24 €728 €456 -€272 -37.4%
Current assets 29/58 €41,684 €48,601 +€6,917 +16.6%
Amounts receivable after more than one year 29 €18,085 €22,625 +€4,540 +25.1%
Other amounts receivable 291 €18,085 €22,625 +€4,540 +25.1%
Amounts receivable within one year 40/41 €20,688 €16,194 -€4,494 -21.7%
Trade receivables 40 €7,436 €3,743 -€3,693 -49.7%
Other amounts receivable 41 €13,252 €12,451 -€801 -6.0%
Cash at bank and in hand 54/58 €2,034 €8,812 +€6,778 +333%
Deferred charges and accrued income 490/1 €877 €970 +€93 +10.6%
Total equity and liabilities 10/49 €42,412 €49,057 +€6,645 +15.7%
Equity 10/15 €30,135 €37,148 +€7,013 +23.3%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €28,135 €35,148 +€7,013 +24.9%
Distributable reserves 133 €28,135 €35,148 +€7,013 +24.9%
Amounts payable 17/49 €12,277 €11,909 -€368 -3.0%
Amounts payable within one year 42/48 €12,277 €11,909 -€368 -3.0%
Trade debts 44 €4,724 €2,337 -€2,387 -50.5%
Suppliers 440/4 €4,724 €2,337 -€2,387 -50.5%
Taxes, remuneration and social security 45 €7,553 €9,572 +€2,019 +26.7%
Taxes 450/3 €5,026 €8,920 +€3,894 +77.5%
Remuneration and social security 454/9 €2,527 €652 -€1,875 -74.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €273 €272 -€1 -0.4%
Other operating charges 640/8 €705 €137 -€568 -80.6%
Gross operating margin 9900 €11,443 €11,132 -€311 -2.7%
Operating profit (loss) 9901 €10,465 €10,723 +€258 +2.5%
Financial income 75/76B €548 €432 -€116 -21.2%
Recurring financial income 75 €548 €432 -€116 -21.2%
Financial charges 65/66B €506 €345 -€161 -31.8%
Recurring financial charges 65 €506 €345 -€161 -31.8%
Profit (loss) for the period before taxes 9903 €10,507 €10,810 +€303 +2.9%
Income taxes 67/77 €4,178 €3,797 -€381 -9.1%
Profit (loss) for the period 9904 €6,329 €7,013 +€684 +10.8%
Profit (loss) for the period to be appropriated 9905 €6,329 €7,013 +€684 +10.8%

Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.