Asteria II: 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.
What changed
Asteria II
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€148,362
2024 · -€206,848+€355,209
Equity
€1.4m
2024 · €1.3m+€148,362
Cash
€146,911
2024 · €125,269+€21,642
Balance sheet total
€22.1m
2024 · €21.5m+€645,646
Largest movements
Assets
- Tangible fixed assets +€436,652
up €436,652 (+2.0%), from €21.3m to €21.7m
of which Land and buildings: +€444,540
Equity and liabilities
- Other debts +€414,714
up €414,714 (+64.4%), from €643,634 to €1.1m
Income statement
- Financial charges -€438,012
down €438,012 (-36.2%), from €1.2m to €771,082
- Depreciation +€95,111
up €95,111 (+17.9%), from €531,655 to €626,766
- Gross operating margin +€76,087
up €76,087 (+5.0%), from €1.5m to €1.6m
- Taxes +€54,007
up €54,007, from €0 to €54,007
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.
Result 2024
-€206,848
Gross operating margin
+€76,087
Depreciation
-€95,111
Other operating charges
-€9,988
Financial income
+€216
Financial charges
+€438,012
Taxes
-€54,007
Result 2025
€148,362
raises the resultlowers the result
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.
From operations
+€1.3m
Investment
-€1.1m
Financing
-€180,992
Cash 2024
€125,269
From operations (derived)
+€1.3m
Net result for the year
+€148,362
Depreciation
+€626,766
Receivables within one year
-€187,352
Trade debts
+€203,916
Tax, wage and social debts
+€95,712
Advances received
-€38,418
Other debts
+€414,714
Accrued charges and deferred income
+€2,352
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€180,992
Debts after one year
-€220,992
Current portion of long-term debt
+€40,000
Cash 2025
€146,911
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,493,476 | €22,139,122 | +€645,646 | +3.0% |
| Fixed assets | 21/28 | €21,305,928 | €21,742,580 | +€436,652 | +2.0% |
| Tangible fixed assets | 22/27 | €21,305,928 | €21,742,580 | +€436,652 | +2.0% |
| Land and buildings | 22 | €21,212,520 | €21,657,060 | +€444,540 | +2.1% |
| Plant, machinery and equipment | 23 | €93,408 | €85,520 | -€7,888 | -8.4% |
| Current assets | 29/58 | €187,548 | €396,542 | +€208,994 | +111% |
| Amounts receivable within one year | 40/41 | €62,279 | €249,631 | +€187,352 | +301% |
| Trade receivables | 40 | €62,279 | €249,631 | +€187,352 | +301% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €125,269 | €146,911 | +€21,642 | +17.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €21,493,476 | €22,139,122 | +€645,646 | +3.0% |
| Equity | 10/15 | €1,250,220 | €1,398,581 | +€148,362 | +11.9% |
| Contributions | 10/11 | €2,154,021 | €2,154,021 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€903,801 | -€755,440 | +€148,362 | +16.4% |
| Amounts payable | 17/49 | €20,243,256 | €20,740,540 | +€497,284 | +2.5% |
| Amounts payable after more than one year | 17 | €18,520,431 | €18,299,439 | -€220,992 | -1.2% |
| Financial debts | 170/4 | €18,520,431 | €18,299,439 | -€220,992 | -1.2% |
| Amounts payable within one year | 42/48 | €1,722,825 | €2,438,750 | +€715,925 | +41.6% |
| Current portion of amounts payable after more than one year | 42 | €844,000 | €884,000 | +€40,000 | +4.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €196,773 | €400,690 | +€203,916 | +104% |
| Suppliers | 440/4 | €196,773 | €400,690 | +€203,916 | +104% |
| Advances received on contracts in progress | 46 | €38,418 | €0 | -€38,418 | -100% |
| Taxes, remuneration and social security | 45 | - | €95,712 | +€95,712 | |
| Taxes | 450/3 | - | €95,712 | +€95,712 | |
| Other amounts payable | 47/48 | €643,634 | €1,058,348 | +€414,714 | +64.4% |
| Accrued charges and deferred income | 492/3 | €0 | €2,352 | +€2,352 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €531,655 | €626,766 | +€95,111 | +17.9% |
| Other operating charges | 640/8 | €1,086 | €11,074 | +€9,988 | +920% |
| Gross operating margin | 9900 | €1,534,987 | €1,611,075 | +€76,087 | +5.0% |
| Operating profit (loss) | 9901 | €1,002,247 | €973,235 | -€29,012 | -2.9% |
| Financial income | 75/76B | - | €216 | +€216 | |
| Recurring financial income | 75 | - | €216 | +€216 | |
| Financial charges | 65/66B | €1,209,094 | €771,082 | -€438,012 | -36.2% |
| Recurring financial charges | 65 | €1,209,094 | €771,082 | -€438,012 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€206,848 | €202,369 | +€409,216 | |
| Income taxes | 67/77 | €0 | €54,007 | +€54,007 | |
| Profit (loss) for the period | 9904 | -€206,848 | €148,362 | +€355,209 | |
| Profit (loss) for the period to be appropriated | 9905 | -€206,848 | €148,362 | +€355,209 |
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 17 October 2026 via checked.be.