STELLAR BRAINS: what changed
Two fiscal 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.
STELLAR BRAINS
Largest movements
- Cash -€10,114
down €10,114 (-59.1%), from €17,103 to €6,989
mainly Trade debts (-€13,338) and Receivables within one year (-€9,026)
- Receivables within one year +€9,026
up €9,026 (+102.6%), from €8,800 to €17,826
of which Trade receivables: +€7,513
- Trade debts -€13,338
down €13,338 (-100.0%), from €13,338 to €0
of which Bills of exchange payable: -€12,100
- Debts after one year +€8,269
new in 2022: €8,269
- Current portion of long-term debt +€1,918
new in 2022: €1,918
- Tax, wage and social debts +€1,526
up €1,526 (+61.8%), from €2,472 to €3,998
of which Taxes: +€1,526
- Profit (loss) carried forward +€537
up €537 (+26.4%), from €2,033 to €2,569
- Purchases and services +€18,473
up €18,473 (+20.3%), from €91,204 to €109,676
- Gross operating margin -€5,232
down €5,232 (-70.7%), from €7,403 to €2,170
- Turnover +€4,031
up €4,031 (+4.7%), from €86,619 to €90,650
- Depreciation -€1,737
no longer reported in 2022 (was €1,737)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,903 | €24,814 | -€1,088 | -4.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €25,903 | €24,814 | -€1,088 | -4.2% |
| Amounts receivable within one year | 40/41 | €8,800 | €17,826 | +€9,026 | +102.6% |
| Trade receivables | 40 | €0 | €7,513 | +€7,513 | |
| Other amounts receivable | 41 | €8,800 | €10,313 | +€1,513 | +17.2% |
| Cash at bank and in hand | 54/58 | €17,103 | €6,989 | -€10,114 | -59.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €25,903 | €24,814 | -€1,088 | -4.2% |
| Equity | 10/15 | €10,093 | €10,629 | +€537 | +5.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,033 | €2,569 | +€537 | +26.4% |
| Amounts payable | 17/49 | €15,810 | €14,185 | -€1,625 | -10.3% |
| Amounts payable after more than one year | 17 | - | €8,269 | +€8,269 | |
| Financial debts | 170/4 | - | €8,269 | +€8,269 | |
| Amounts payable within one year | 42/48 | €15,810 | €5,916 | -€9,894 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | - | €1,918 | +€1,918 | |
| Trade debts | 44 | €13,338 | €0 | -€13,338 | -100.0% |
| Suppliers | 440/4 | €1,238 | - | -€1,238 | |
| Bills of exchange payable | 441 | €12,100 | €0 | -€12,100 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,472 | €3,998 | +€1,526 | +61.8% |
| Taxes | 450/3 | €2,472 | €3,998 | +€1,526 | +61.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Turnover | 70 | €86,619 | €90,650 | +€4,031 | +4.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €91,204 | €109,676 | +€18,473 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,737 | - | -€1,737 | |
| Other operating charges | 640/8 | €1,880 | €1,161 | -€720 | -38.3% |
| Gross operating margin | 9900 | €7,403 | €2,170 | -€5,232 | -70.7% |
| Operating profit (loss) | 9901 | €3,785 | €1,009 | -€2,775 | -73.3% |
| Financial income | 75/76B | €75 | €33 | -€43 | -56.8% |
| Recurring financial income | 75 | €75 | €33 | -€43 | -56.8% |
| Financial charges | 65/66B | €398 | €506 | +€108 | +27.1% |
| Recurring financial charges | 65 | €398 | €506 | +€108 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €3,463 | €537 | -€2,926 | -84.5% |
| Income taxes | 67/77 | €653 | - | -€653 | |
| Profit (loss) for the period | 9904 | €2,809 | €537 | -€2,273 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,809 | €537 | -€2,273 | -80.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.