IMMO STAR: 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.
IMMO STAR
Largest movements
- Receivables within one year +€899
up €899 (+6.1%), from €14,762 to €15,661
- Profit (loss) carried forward +€787
up €787 (+1.8%), from -€43,331 to -€42,544
- Gross operating margin +€55
no longer reported in 2023 (was -€55)
- Financial charges +€32
new in 2023: €32
From the 2019 result to the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2019 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,770 | €68,668 | +€898 | +1.3% |
| Formation expenses | 20 | €53,007 | €53,007 | = | 0.0% |
| Current assets | 29/58 | €14,763 | €15,661 | +€898 | +6.1% |
| Amounts receivable within one year | 40/41 | €14,762 | €15,661 | +€899 | +6.1% |
| Other amounts receivable | 41 | - | €15,661 | +€15,661 | |
| Cash at bank and in hand | 54/58 | €1 | €0 | -€1 | -100.0% |
| Total equity and liabilities | 10/49 | €67,770 | €68,668 | +€898 | +1.3% |
| Equity | 10/15 | €56,289 | €57,076 | +€787 | +1.4% |
| Contributions | 10/11 | €99,000 | €99,000 | = | 0.0% |
| Capital | 10 | - | €99,000 | +€99,000 | |
| Issued capital | 100 | - | €99,000 | +€99,000 | |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €620 | +€620 | |
| Legal reserve | 130 | - | €620 | +€620 | |
| Profit (loss) carried forward | 14 | -€43,331 | -€42,544 | +€787 | +1.8% |
| Amounts payable | 17/49 | €11,481 | €11,591 | +€111 | +1.0% |
| Amounts payable within one year | 42/48 | €11,481 | €11,591 | +€111 | +1.0% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Other amounts payable | 47/48 | - | €11,590 | +€11,590 | |
| Gross operating margin | 9900 | -€55 | - | +€55 | |
| Operating profit (loss) | 9901 | -€55 | - | +€55 | |
| Financial charges | 65/66B | - | €32 | +€32 | |
| Recurring financial charges | 65 | - | €32 | +€32 | |
| Profit (loss) for the period before taxes | 9903 | -€55 | -€32 | +€22 | +40.9% |
| Profit (loss) for the period | 9904 | -€55 | -€32 | +€22 | +40.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€55 | -€32 | +€22 | +40.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.