Stellaria: 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.
Stellaria
Largest movements
- Cash +€62,556
up €62,556 (+67.9%), from €92,162 to €154,718
mainly Net result for the year (+€67,615) and Depreciation (+€9,499)
- Receivables within one year +€15,123
up €15,123 (+88.0%), from €17,182 to €32,304
of which Trade receivables: +€16,553
- Tangible fixed assets -€9,499
down €9,499 (-26.0%), from €36,538 to €27,039
of which Furniture and vehicles: -€8,984
- Deferred charges and accrued income +€2,669
new in 2025: €2,669
- Reserves +€67,615
up €67,615 (+55.3%), from €122,212 to €189,828
- Trade debts +€3,812
up €3,812 (+826.9%), from €461 to €4,273
- Gross operating margin -€73,936
down €73,936 (-43.6%), from €169,491 to €95,555
- Taxes -€18,672
down €18,672 (-50.7%), from €36,853 to €18,182
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 | €145,882 | €216,731 | +€70,849 | +48.6% |
| Fixed assets | 21/28 | €36,538 | €27,039 | -€9,499 | -26.0% |
| Tangible fixed assets | 22/27 | €36,538 | €27,039 | -€9,499 | -26.0% |
| Plant, machinery and equipment | 23 | €753 | €238 | -€515 | -68.4% |
| Furniture and vehicles | 24 | €35,786 | €26,802 | -€8,984 | -25.1% |
| Current assets | 29/58 | €109,344 | €189,692 | +€80,348 | +73.5% |
| Amounts receivable within one year | 40/41 | €17,182 | €32,304 | +€15,123 | +88.0% |
| Trade receivables | 40 | €15,633 | €32,186 | +€16,553 | +105.9% |
| Other amounts receivable | 41 | €1,549 | €118 | -€1,430 | -92.4% |
| Cash at bank and in hand | 54/58 | €92,162 | €154,718 | +€62,556 | +67.9% |
| Deferred charges and accrued income | 490/1 | - | €2,669 | +€2,669 | |
| Total equity and liabilities | 10/49 | €145,882 | €216,731 | +€70,849 | +48.6% |
| Equity | 10/15 | €124,712 | €192,328 | +€67,615 | +54.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €122,212 | €189,828 | +€67,615 | +55.3% |
| Distributable reserves | 133 | €122,212 | €189,828 | +€67,615 | +55.3% |
| Amounts payable | 17/49 | €21,170 | €24,404 | +€3,234 | +15.3% |
| Amounts payable within one year | 42/48 | €21,170 | €24,404 | +€3,234 | +15.3% |
| Trade debts | 44 | €461 | €4,273 | +€3,812 | +826.9% |
| Suppliers | 440/4 | €461 | €4,273 | +€3,812 | +826.9% |
| Taxes, remuneration and social security | 45 | €7,805 | €8,161 | +€357 | +4.6% |
| Taxes | 450/3 | €7,805 | €8,161 | +€357 | +4.6% |
| Other amounts payable | 47/48 | €12,904 | €11,970 | -€935 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,926 | €9,499 | -€428 | -4.3% |
| Other operating charges | 640/8 | €406 | €195 | -€211 | -51.9% |
| Gross operating margin | 9900 | €169,491 | €95,555 | -€73,936 | -43.6% |
| Operating profit (loss) | 9901 | €159,159 | €85,861 | -€73,298 | -46.1% |
| Financial income | 75/76B | €15 | - | -€15 | |
| Recurring financial income | 75 | €15 | - | -€15 | |
| Financial charges | 65/66B | €108 | €64 | -€44 | -40.6% |
| Recurring financial charges | 65 | €108 | €64 | -€44 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | €159,066 | €85,797 | -€73,269 | -46.1% |
| Income taxes | 67/77 | €36,853 | €18,182 | -€18,672 | -50.7% |
| Profit (loss) for the period | 9904 | €122,212 | €67,615 | -€54,597 | -44.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,212 | €67,615 | -€54,597 | -44.7% |
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 9 October 2026 via checked.be.