STARWASH: 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.
STARWASH
Largest movements
- Cash +€6,911
up €6,911 (+60.5%), from €11,419 to €18,331
mainly Net result for the year (+€6,954) and Depreciation (+€1,462)
- Tangible fixed assets -€1,462
down €1,462 (-29.7%), from €4,920 to €3,458
of which Furniture and vehicles: -€1,100
- Receivables within one year +€1,393
up €1,393 (+53.5%), from €2,604 to €3,997
of which Other amounts receivable: +€3,518
- Profit (loss) carried forward +€6,954
up €6,954 (+7.1%), from -€98,442 to -€91,488
- Trade debts -€405
down €405 (-6.4%), from €6,375 to €5,970
- Gross operating margin +€3,839
up €3,839 (+38.6%), from €9,941 to €13,780
- Financial charges +€1,219
up €1,219 (+176%), from €693 to €1,912
- Financial income -€462
down €462 (-71.5%), from €646 to €184
- Other operating charges +€272
up €272 (+8.1%), from €3,364 to €3,636
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.
Derived cash bridge
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 | €19,694 | €26,317 | +€6,623 | +33.6% |
| Fixed assets | 21/28 | €4,920 | €3,458 | -€1,462 | -29.7% |
| Tangible fixed assets | 22/27 | €4,920 | €3,458 | -€1,462 | -29.7% |
| Land and buildings | 22 | €3,260 | €2,898 | -€362 | -11.1% |
| Furniture and vehicles | 24 | €1,661 | €561 | -€1,100 | -66.2% |
| Current assets | 29/58 | €14,774 | €22,859 | +€8,085 | +54.7% |
| Amounts receivable within one year | 40/41 | €2,604 | €3,997 | +€1,393 | +53.5% |
| Trade receivables | 40 | €2,604 | €479 | -€2,125 | -81.6% |
| Other amounts receivable | 41 | - | €3,518 | +€3,518 | |
| Cash at bank and in hand | 54/58 | €11,419 | €18,331 | +€6,911 | +60.5% |
| Deferred charges and accrued income | 490/1 | €751 | €531 | -€220 | -29.3% |
| Total equity and liabilities | 10/49 | €19,694 | €26,317 | +€6,623 | +33.6% |
| Equity | 10/15 | -€79,850 | -€72,896 | +€6,954 | +8.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,442 | -€91,488 | +€6,954 | +7.1% |
| Amounts payable | 17/49 | €99,545 | €99,214 | -€331 | -0.3% |
| Amounts payable within one year | 42/48 | €99,545 | €99,214 | -€331 | -0.3% |
| Trade debts | 44 | €6,375 | €5,970 | -€405 | -6.4% |
| Suppliers | 440/4 | €6,375 | €5,970 | -€405 | -6.4% |
| Taxes, remuneration and social security | 45 | €2,454 | €2,529 | +€74 | +3.0% |
| Taxes | 450/3 | €2,454 | €6 | -€2,448 | -99.7% |
| Remuneration and social security | 454/9 | - | €2,522 | +€2,522 | |
| Other amounts payable | 47/48 | €90,715 | €90,715 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,462 | €1,462 | = | 0.0% |
| Other operating charges | 640/8 | €3,364 | €3,636 | +€272 | +8.1% |
| Gross operating margin | 9900 | €9,941 | €13,780 | +€3,839 | +38.6% |
| Operating profit (loss) | 9901 | €5,115 | €8,681 | +€3,567 | +69.7% |
| Financial income | 75/76B | €646 | €184 | -€462 | -71.5% |
| Recurring financial income | 75 | €646 | €184 | -€462 | -71.5% |
| Financial charges | 65/66B | €693 | €1,912 | +€1,219 | +176% |
| Recurring financial charges | 65 | €693 | €1,912 | +€1,219 | +176% |
| Profit (loss) for the period before taxes | 9903 | €5,068 | €6,954 | +€1,886 | +37.2% |
| Profit (loss) for the period | 9904 | €5,068 | €6,954 | +€1,886 | +37.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,068 | €6,954 | +€1,886 | +37.2% |
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 23 October 2026 via checked.be.