StartSpeler: 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.
StartSpeler
Largest movements
- Stocks and contracts -€26,212
down €26,212 (-12.3%), from €213,360 to €187,148
- Cash +€10,567
up €10,567 (+285.2%), from €3,706 to €14,273
mainly Current portion of long-term debt (+€50,433) and Stocks and contracts (+€26,212)
- Receivables within one year -€6,612
down €6,612 (-19.2%), from €34,358 to €27,747
of which Other amounts receivable: -€5,232
- Tangible fixed assets -€5,600
down €5,600 (-26.3%), from €21,325 to €15,725
of which Furniture and vehicles: -€8,121
- Financial fixed assets -€3,300
down €3,300 (-30.6%), from €10,800 to €7,500
- Debts after one year -€72,330
down €72,330 (-31.4%), from €230,363 to €158,033
of which Financial debts: -€58,299
- Current portion of long-term debt +€50,433
up €50,433 (+641.2%), from €7,865 to €58,299
- Trade debts -€26,065
down €26,065 (-64.7%), from €40,273 to €14,208
- Tax, wage and social debts +€22,412
up €22,412 (+79.4%), from €28,211 to €50,623
of which Taxes: +€21,166
- Short-term financial debts -€13,957
down €13,957 (-38.3%), from €36,436 to €22,479
- Gross operating margin +€75,320
up €75,320 (+102.6%), from €73,421 to €148,741
- Depreciation -€5,945
down €5,945 (-45.4%), from €13,107 to €7,161
- Financial charges -€3,006
down €3,006 (-34.5%), from €8,723 to €5,717
- Other operating charges -€2,788
down €2,788 (-54.3%), from €5,136 to €2,348
- Staff costs +€2,730
up €2,730 (+2.0%), from €134,881 to €137,611
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 | €286,199 | €252,392 | -€33,807 | -11.8% |
| Fixed assets | 21/28 | €32,125 | €23,225 | -€8,900 | -27.7% |
| Tangible fixed assets | 22/27 | €21,325 | €15,725 | -€5,600 | -26.3% |
| Plant, machinery and equipment | 23 | €1,124 | €5,081 | +€3,957 | +352.0% |
| Furniture and vehicles | 24 | €17,263 | €9,143 | -€8,121 | -47.0% |
| Other tangible fixed assets | 26 | €2,937 | €1,501 | -€1,437 | -48.9% |
| Financial fixed assets | 28 | €10,800 | €7,500 | -€3,300 | -30.6% |
| Current assets | 29/58 | €254,075 | €229,168 | -€24,907 | -9.8% |
| Stocks and contracts in progress | 3 | €213,360 | €187,148 | -€26,212 | -12.3% |
| Stocks | 30/36 | €213,360 | €187,148 | -€26,212 | -12.3% |
| Amounts receivable within one year | 40/41 | €34,358 | €27,747 | -€6,612 | -19.2% |
| Trade receivables | 40 | €26,258 | €24,878 | -€1,380 | -5.3% |
| Other amounts receivable | 41 | €8,101 | €2,869 | -€5,232 | -64.6% |
| Cash at bank and in hand | 54/58 | €3,706 | €14,273 | +€10,567 | +285.2% |
| Deferred charges and accrued income | 490/1 | €2,651 | €0 | -€2,651 | -100.0% |
| Total equity and liabilities | 10/49 | €286,199 | €252,392 | -€33,807 | -11.8% |
| Equity | 10/15 | -€56,948 | -€51,249 | +€5,700 | +10.0% |
| Contributions | 10/11 | €17,333 | €18,600 | +€1,267 | +7.3% |
| Reserves | 13 | €30,732 | €30,732 | = | 0.0% |
| Distributable reserves | 133 | €30,732 | €30,732 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€105,013 | -€100,580 | +€4,433 | +4.2% |
| Amounts payable | 17/49 | €343,148 | €303,641 | -€39,507 | -11.5% |
| Amounts payable after more than one year | 17 | €230,363 | €158,033 | -€72,330 | -31.4% |
| Financial debts | 170/4 | €65,015 | €6,716 | -€58,299 | -89.7% |
| Other amounts payable | 178/9 | €165,348 | €151,317 | -€14,031 | -8.5% |
| Amounts payable within one year | 42/48 | €112,785 | €145,608 | +€32,823 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €7,865 | €58,299 | +€50,433 | +641.2% |
| Financial debts | 43 | €36,436 | €22,479 | -€13,957 | -38.3% |
| Credit institutions | 430/8 | €36,436 | €22,479 | -€13,957 | -38.3% |
| Trade debts | 44 | €40,273 | €14,208 | -€26,065 | -64.7% |
| Suppliers | 440/4 | €40,273 | €14,208 | -€26,065 | -64.7% |
| Taxes, remuneration and social security | 45 | €28,211 | €50,623 | +€22,412 | +79.4% |
| Taxes | 450/3 | €11,772 | €32,938 | +€21,166 | +179.8% |
| Remuneration and social security | 454/9 | €16,439 | €17,685 | +€1,246 | +7.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €134,881 | €137,611 | +€2,730 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,107 | €7,161 | -€5,945 | -45.4% |
| Other operating charges | 640/8 | €5,136 | €2,348 | -€2,788 | -54.3% |
| Gross operating margin | 9900 | €73,421 | €148,741 | +€75,320 | +102.6% |
| Operating profit (loss) | 9901 | -€79,703 | €1,621 | +€81,324 | |
| Financial income | 75/76B | €7,368 | €8,530 | +€1,162 | +15.8% |
| Recurring financial income | 75 | €7,368 | €8,530 | +€1,162 | +15.8% |
| Financial charges | 65/66B | €8,723 | €5,717 | -€3,006 | -34.5% |
| Recurring financial charges | 65 | €8,723 | €5,717 | -€3,006 | -34.5% |
| Profit (loss) for the period before taxes | 9903 | -€81,058 | €4,433 | +€85,491 | |
| Income taxes | 67/77 | €121 | €0 | -€121 | -100.0% |
| Profit (loss) for the period | 9904 | -€81,179 | €4,433 | +€85,612 | |
| Profit (loss) for the period to be appropriated | 9905 | -€81,179 | €4,433 | +€85,612 |
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 10 October 2026 via checked.be.