Immo Blue Star: 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.
Immo Blue Star
Largest movements
- Cash -€158,081
down €158,081 (-57.1%), from €277,036 to €118,955
mainly Current investments (-€149,148) and Net result for the year (-€9,603)
- Current investments +€149,148
up €149,148 (+159%), from €94,015 to €243,163
- Profit (loss) carried forward -€9,603
down €9,603 (-11.0%), from -€87,570 to -€97,173
- Financial income -€11,029
down €11,029 (-93.2%), from €11,838 to €809
- Gross operating margin +€9,156
up €9,156 (+49.8%), from -€18,382 to -€9,226
- Taxes -€2,197
down €2,197 (-90.1%), from €2,440 to €243
- Financial charges -€2,039
down €2,039 (-97.3%), from €2,095 to €57
- Other operating charges +€310
up €310 (+53.7%), from €577 to €886
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 | €371,051 | €362,118 | -€8,933 | -2.4% |
| Current assets | 29/58 | €371,051 | €362,118 | -€8,933 | -2.4% |
| Current investments | 50/53 | €94,015 | €243,163 | +€149,148 | +159% |
| Cash at bank and in hand | 54/58 | €277,036 | €118,955 | -€158,081 | -57.1% |
| Total equity and liabilities | 10/49 | €371,051 | €362,118 | -€8,933 | -2.4% |
| Equity | 10/15 | €369,530 | €359,927 | -€9,603 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €438,500 | €438,500 | = | 0.0% |
| Distributable reserves | 133 | €438,500 | €438,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,570 | -€97,173 | -€9,603 | -11.0% |
| Amounts payable | 17/49 | €1,521 | €2,191 | +€671 | +44.1% |
| Amounts payable within one year | 42/48 | €1,521 | €2,191 | +€671 | +44.1% |
| Trade debts | 44 | €1,261 | - | -€1,261 | |
| Suppliers | 440/4 | €1,261 | - | -€1,261 | |
| Taxes, remuneration and social security | 45 | - | €900 | +€900 | |
| Taxes | 450/3 | - | €900 | +€900 | |
| Other amounts payable | 47/48 | €260 | €1,291 | +€1,031 | +397% |
| Other operating charges | 640/8 | €577 | €886 | +€310 | +53.7% |
| Gross operating margin | 9900 | -€18,382 | -€9,226 | +€9,156 | +49.8% |
| Operating profit (loss) | 9901 | -€18,959 | -€10,113 | +€8,846 | +46.7% |
| Financial income | 75/76B | €11,838 | €809 | -€11,029 | -93.2% |
| Recurring financial income | 75 | €11,838 | €809 | -€11,029 | -93.2% |
| Financial charges | 65/66B | €2,095 | €57 | -€2,039 | -97.3% |
| Recurring financial charges | 65 | €2,095 | €57 | -€2,039 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,216 | -€9,361 | -€145 | -1.6% |
| Income taxes | 67/77 | €2,440 | €243 | -€2,197 | -90.1% |
| Profit (loss) for the period | 9904 | -€11,656 | -€9,603 | +€2,053 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,656 | -€9,603 | +€2,053 | +17.6% |
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 19 October 2026 via checked.be.