WEARESTARLING: 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.
WEARESTARLING
Largest movements
- Cash -€16,279
down €16,279 (-37.0%), from €44,046 to €27,767
mainly Contributions, distributions and other (-€28,681) and Receivables within one year (-€14,984)
- Receivables within one year +€14,984
up €14,984 (+126%), from €11,922 to €26,906
of which Trade receivables: +€15,579
- Tangible fixed assets -€10,977
down €10,977 (-20.8%), from €52,657 to €41,680
of which Leasing and similar rights: -€12,568
- Debts after one year -€11,081
down €11,081 (-30.2%), from €36,702 to €25,620
- Depreciation +€1,547
up €1,547 (+13.5%), from €11,499 to €13,046
- Other operating charges -€655
down €655 (-18.0%), from €3,638 to €2,983
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.
Derived cash bridge
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 | €111,196 | €99,408 | -€11,788 | -10.6% |
| Fixed assets | 21/28 | €52,657 | €41,680 | -€10,977 | -20.8% |
| Tangible fixed assets | 22/27 | €52,657 | €41,680 | -€10,977 | -20.8% |
| Furniture and vehicles | 24 | €428 | €2,019 | +€1,591 | +371% |
| Leasing and similar rights | 25 | €52,229 | €39,661 | -€12,568 | -24.1% |
| Current assets | 29/58 | €58,538 | €57,727 | -€811 | -1.4% |
| Amounts receivable within one year | 40/41 | €11,922 | €26,906 | +€14,984 | +126% |
| Trade receivables | 40 | €10,164 | €25,743 | +€15,579 | +153% |
| Other amounts receivable | 41 | €1,758 | €1,163 | -€595 | -33.8% |
| Cash at bank and in hand | 54/58 | €44,046 | €27,767 | -€16,279 | -37.0% |
| Deferred charges and accrued income | 490/1 | €2,570 | €3,055 | +€485 | +18.9% |
| Total equity and liabilities | 10/49 | €111,196 | €99,408 | -€11,788 | -10.6% |
| Equity | 10/15 | €25,405 | €25,405 | = | 0.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €85,791 | €74,003 | -€11,788 | -13.7% |
| Amounts payable after more than one year | 17 | €36,702 | €25,620 | -€11,081 | -30.2% |
| Financial debts | 170/4 | €36,702 | €25,620 | -€11,081 | -30.2% |
| Amounts payable within one year | 42/48 | €49,089 | €48,382 | -€707 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €10,638 | €11,081 | +€443 | +4.2% |
| Trade debts | 44 | €2,259 | €1,590 | -€670 | -29.6% |
| Suppliers | 440/4 | €2,259 | €1,590 | -€670 | -29.6% |
| Taxes, remuneration and social security | 45 | €6,234 | €6,606 | +€372 | +6.0% |
| Taxes | 450/3 | €6,234 | €6,606 | +€372 | +6.0% |
| Other amounts payable | 47/48 | €29,958 | €29,105 | -€853 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,499 | €13,046 | +€1,547 | +13.5% |
| Other operating charges | 640/8 | €3,638 | €2,983 | -€655 | -18.0% |
| Gross operating margin | 9900 | €56,168 | €55,620 | -€549 | -1.0% |
| Operating profit (loss) | 9901 | €41,031 | €39,591 | -€1,441 | -3.5% |
| Financial charges | 65/66B | €2,106 | €2,069 | -€37 | -1.7% |
| Recurring financial charges | 65 | €2,106 | €2,069 | -€37 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €38,925 | €37,522 | -€1,404 | -3.6% |
| Income taxes | 67/77 | €8,968 | €8,841 | -€127 | -1.4% |
| Profit (loss) for the period | 9904 | €29,958 | €28,681 | -€1,277 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,958 | €28,681 | -€1,277 | -4.3% |
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 14 October 2026 via checked.be.