FIVE STAR MINING: what changed
Two fiscal 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 MINING
Largest movements
- Receivables within one year -€479,343
down €479,343 (-99.8%), from €480,358 to €1,015
of which Trade receivables: -€461,623
- Stocks and contracts -€194,686
down €194,686 (-100.0%), from €194,686 to €0
- Cash +€44,909
up €44,909 (+278.2%), from €16,144 to €61,052
mainly Receivables within one year (+€479,343) and Stocks and contracts (+€194,686)
- Trade debts -€502,981
down €502,981 (-94.1%), from €534,416 to €31,436
- Debts after one year -€116,192
down €116,192 (-54.8%), from €211,893 to €95,701
- Tax, wage and social debts -€22,808
down €22,808 (-100.0%), from €22,808 to €0
- Profit (loss) carried forward +€7,944
up €7,944 (+7.7%), from -€102,909 to -€94,965
- Write-downs -€278,000
down €278,000 (-100.0%), from €278,000 to €0
- Financial charges -€234,523
down €234,523 (-85.7%), from €273,633 to €39,110
- Other operating charges -€106,943
down €106,943 (-99.9%), from €107,063 to €120
- Financial income -€28,025
down €28,025 (-97.2%), from €28,829 to €804
- Gross operating margin -€24,915
down €24,915 (-32.7%), from €76,307 to €51,391
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 | €696,208 | €62,172 | -€634,037 | -91.1% |
| Fixed assets | 21/28 | €5,021 | €0 | -€5,021 | -100.0% |
| Tangible fixed assets | 22/27 | €5,021 | €0 | -€5,021 | -100.0% |
| Furniture and vehicles | 24 | €5,021 | €0 | -€5,021 | -100.0% |
| Current assets | 29/58 | €691,187 | €62,172 | -€629,016 | -91.0% |
| Stocks and contracts in progress | 3 | €194,686 | €0 | -€194,686 | -100.0% |
| Stocks | 30/36 | €194,686 | €0 | -€194,686 | -100.0% |
| Amounts receivable within one year | 40/41 | €480,358 | €1,015 | -€479,343 | -99.8% |
| Trade receivables | 40 | €461,623 | €0 | -€461,623 | -100.0% |
| Other amounts receivable | 41 | €18,736 | €1,015 | -€17,721 | -94.6% |
| Cash at bank and in hand | 54/58 | €16,144 | €61,052 | +€44,909 | +278.2% |
| Deferred charges and accrued income | 490/1 | - | €104 | +€104 | |
| Total equity and liabilities | 10/49 | €696,208 | €62,172 | -€634,037 | -91.1% |
| Equity | 10/15 | -€72,909 | -€64,965 | +€7,944 | +10.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,909 | -€94,965 | +€7,944 | +7.7% |
| Amounts payable | 17/49 | €769,118 | €127,137 | -€641,981 | -83.5% |
| Amounts payable after more than one year | 17 | €211,893 | €95,701 | -€116,192 | -54.8% |
| Financial debts | 170/4 | €211,893 | €95,701 | -€116,192 | -54.8% |
| Amounts payable within one year | 42/48 | €557,224 | €31,436 | -€525,789 | -94.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €534,416 | €31,436 | -€502,981 | -94.1% |
| Suppliers | 440/4 | €534,416 | €31,436 | -€502,981 | -94.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €22,808 | €0 | -€22,808 | -100.0% |
| Taxes | 450/3 | €22,808 | €0 | -€22,808 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,285 | €0 | -€1,285 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €278,000 | €0 | -€278,000 | -100.0% |
| Other operating charges | 640/8 | €107,063 | €120 | -€106,943 | -99.9% |
| Non-recurring operating charges | 66A | - | €5,021 | +€5,021 | |
| Gross operating margin | 9900 | €76,307 | €51,391 | -€24,915 | -32.7% |
| Operating profit (loss) | 9901 | -€310,041 | €46,250 | +€356,292 | |
| Financial income | 75/76B | €28,829 | €804 | -€28,025 | -97.2% |
| Recurring financial income | 75 | €28,829 | €804 | -€28,025 | -97.2% |
| Financial charges | 65/66B | €273,633 | €39,110 | -€234,523 | -85.7% |
| Recurring financial charges | 65 | €273,633 | €39,110 | -€234,523 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | -€554,846 | €7,944 | +€562,790 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€554,846 | €7,944 | +€562,790 | |
| Profit (loss) for the period to be appropriated | 9905 | -€554,846 | €7,944 | +€562,790 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.