FIVE STAR EVENTERS: 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.
FIVE STAR EVENTERS
Largest movements
- Tangible fixed assets +€59,794
up €59,794 (+819.4%), from €7,297 to €67,091
of which Furniture and vehicles: +€61,467
- Cash +€40,472
up €40,472 (+107.6%), from €37,631 to €78,103
mainly Trade debts (+€49,121) and Debts after one year (+€42,952)
- Stocks and contracts +€26,000
up €26,000 (+133.3%), from €19,500 to €45,500
- Receivables within one year -€18,435
down €18,435 (-28.8%), from €63,917 to €45,482
of which Trade receivables: -€14,866
- Trade debts +€49,121
up €49,121 (+78.0%), from €62,991 to €112,112
- Debts after one year +€42,952
up €42,952, from €0 to €42,952
- Other debts -€26,629
down €26,629 (-32.0%), from €83,251 to €56,622
- Profit (loss) carried forward +€18,616
up €18,616, from -€17,025 to €1,591
- Tax, wage and social debts +€14,039
up €14,039 (+783.2%), from €1,793 to €15,832
of which Taxes: +€12,124
- Write-downs -€15,000
down €15,000 (-100.0%), from €15,000 to €0
- Gross operating margin +€14,073
up €14,073 (+19.3%), from €72,798 to €86,871
- Depreciation +€9,912
up €9,912 (+162.1%), from €6,113 to €16,025
- Taxes +€6,028
up €6,028 (+74.3%), from €8,111 to €14,139
- Other operating charges +€2,723
up €2,723 (+89.7%), from €3,037 to €5,760
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 | €139,959 | €248,380 | +€108,422 | +77.5% |
| Fixed assets | 21/28 | €8,375 | €68,169 | +€59,794 | +713.9% |
| Tangible fixed assets | 22/27 | €7,297 | €67,091 | +€59,794 | +819.4% |
| Furniture and vehicles | 24 | €4,873 | €66,341 | +€61,467 | +1261.3% |
| Leasing and similar rights | 25 | €1,424 | €0 | -€1,424 | -100.0% |
| Other tangible fixed assets | 26 | €1,000 | €750 | -€250 | -25.0% |
| Financial fixed assets | 28 | €1,078 | €1,078 | = | 0.0% |
| Current assets | 29/58 | €131,583 | €180,211 | +€48,628 | +37.0% |
| Stocks and contracts in progress | 3 | €19,500 | €45,500 | +€26,000 | +133.3% |
| Stocks | 30/36 | €19,500 | €45,500 | +€26,000 | +133.3% |
| Amounts receivable within one year | 40/41 | €63,917 | €45,482 | -€18,435 | -28.8% |
| Trade receivables | 40 | €49,115 | €34,249 | -€14,866 | -30.3% |
| Other amounts receivable | 41 | €14,802 | €11,234 | -€3,569 | -24.1% |
| Cash at bank and in hand | 54/58 | €37,631 | €78,103 | +€40,472 | +107.6% |
| Deferred charges and accrued income | 490/1 | €10,535 | €11,126 | +€591 | +5.6% |
| Total equity and liabilities | 10/49 | €139,959 | €248,380 | +€108,422 | +77.5% |
| Equity | 10/15 | -€9,801 | €8,815 | +€18,616 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,024 | €1,024 | = | 0.0% |
| Distributable reserves | 133 | €1,024 | €1,024 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,025 | €1,591 | +€18,616 | |
| Amounts payable | 17/49 | €149,759 | €239,565 | +€89,805 | +60.0% |
| Amounts payable after more than one year | 17 | €0 | €42,952 | +€42,952 | |
| Financial debts | 170/4 | €0 | €42,952 | +€42,952 | |
| Amounts payable within one year | 42/48 | €149,679 | €196,513 | +€46,834 | +31.3% |
| Current portion of amounts payable after more than one year | 42 | €854 | €11,528 | +€10,674 | +1250.5% |
| Financial debts | 43 | €791 | €420 | -€371 | -46.9% |
| Other loans | 439 | €791 | €420 | -€371 | -46.9% |
| Trade debts | 44 | €62,991 | €112,112 | +€49,121 | +78.0% |
| Suppliers | 440/4 | €62,991 | €112,112 | +€49,121 | +78.0% |
| Taxes, remuneration and social security | 45 | €1,793 | €15,832 | +€14,039 | +783.2% |
| Taxes | 450/3 | €304 | €12,429 | +€12,124 | +3982.2% |
| Remuneration and social security | 454/9 | €1,488 | €3,403 | +€1,915 | +128.7% |
| Other amounts payable | 47/48 | €83,251 | €56,622 | -€26,629 | -32.0% |
| Accrued charges and deferred income | 492/3 | €80 | €99 | +€19 | +23.6% |
| Remuneration, social security and pensions | 62 | €27,489 | €28,399 | +€910 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,113 | €16,025 | +€9,912 | +162.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €15,000 | €0 | -€15,000 | -100.0% |
| Other operating charges | 640/8 | €3,037 | €5,760 | +€2,723 | +89.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €72,798 | €86,871 | +€14,073 | +19.3% |
| Operating profit (loss) | 9901 | €21,160 | €36,687 | +€15,527 | +73.4% |
| Financial income | 75/76B | €51 | €50 | -€1 | -2.9% |
| Recurring financial income | 75 | €51 | €50 | -€1 | -2.9% |
| Financial charges | 65/66B | €2,599 | €3,981 | +€1,382 | +53.2% |
| Recurring financial charges | 65 | €2,599 | €3,981 | +€1,382 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | €18,612 | €32,755 | +€14,144 | +76.0% |
| Income taxes | 67/77 | €8,111 | €14,139 | +€6,028 | +74.3% |
| Profit (loss) for the period | 9904 | €10,501 | €18,616 | +€8,116 | +77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,501 | €18,616 | +€8,116 | +77.3% |
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 11 October 2026 via checked.be.