Startelec: what changed
Startelec
Largest movements
- Receivables within one year +€9,861
up €9,861 (+86.5%), from €11,406 to €21,267
of which Trade receivables: +€9,354
- Cash +€6,635
up €6,635 (+686%), from €967 to €7,602
mainly Net result for the year (+€14,072) and Trade debts (+€4,769)
- Profit (loss) carried forward +€14,072
up €14,072 (+96.1%), from -€14,647 to -€575
- Trade debts +€4,769
up €4,769 (+48.5%), from €9,826 to €14,594
- Other debts -€2,965
down €2,965 (-65.4%), from €4,537 to €1,572
- Tax, wage and social debts +€512
new in 2024: €512
- Gross operating margin +€16,937
up €16,937, from -€1,549 to €15,389
- Taxes +€481
up €481 (+687,329%), from €0 to €481
- Staff costs +€224
new in 2024: €224
- Depreciation -€222
down €222 (-100%), from €222 to €0
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,065 | €30,454 | +€16,388 | +117% |
| Fixed assets | 21/28 | €225 | €225 | = | 0.0% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €13,840 | €30,229 | +€16,388 | +118% |
| Stocks and contracts in progress | 3 | €1,297 | €1,297 | = | 0.0% |
| Stocks | 30/36 | €1,297 | €1,297 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,406 | €21,267 | +€9,861 | +86.5% |
| Trade receivables | 40 | €11,205 | €20,558 | +€9,354 | +83.5% |
| Other amounts receivable | 41 | €201 | €708 | +€507 | +253% |
| Cash at bank and in hand | 54/58 | €967 | €7,602 | +€6,635 | +686% |
| Deferred charges and accrued income | 490/1 | €171 | €63 | -€108 | -63.0% |
| Total equity and liabilities | 10/49 | €14,065 | €30,454 | +€16,388 | +117% |
| Equity | 10/15 | -€297 | €13,775 | +€14,072 | |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €4,850 | €4,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €3,850 | €3,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,647 | -€575 | +€14,072 | +96.1% |
| Amounts payable | 17/49 | €14,363 | €16,679 | +€2,316 | +16.1% |
| Amounts payable within one year | 42/48 | €14,363 | €16,679 | +€2,316 | +16.1% |
| Trade debts | 44 | €9,826 | €14,594 | +€4,769 | +48.5% |
| Suppliers | 440/4 | €9,826 | €14,594 | +€4,769 | +48.5% |
| Taxes, remuneration and social security | 45 | - | €512 | +€512 | |
| Taxes | 450/3 | - | €512 | +€512 | |
| Other amounts payable | 47/48 | €4,537 | €1,572 | -€2,965 | -65.4% |
| Remuneration, social security and pensions | 62 | - | €224 | +€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €222 | €0 | -€222 | -100% |
| Other operating charges | 640/8 | €384 | €533 | +€149 | +38.7% |
| Gross operating margin | 9900 | -€1,549 | €15,389 | +€16,937 | |
| Operating profit (loss) | 9901 | -€2,155 | €14,632 | +€16,787 | |
| Financial income | 75/76B | €39 | €13 | -€26 | -66.1% |
| Recurring financial income | 75 | €39 | €13 | -€26 | -66.1% |
| Financial charges | 65/66B | €131 | €91 | -€40 | -30.3% |
| Recurring financial charges | 65 | €131 | €91 | -€40 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,247 | €14,554 | +€16,801 | |
| Income taxes | 67/77 | €0 | €481 | +€481 | +687,329% |
| Profit (loss) for the period | 9904 | -€2,248 | €14,072 | +€16,320 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,248 | €14,072 | +€16,320 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.