IMMO-STAR ATTM: 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-STAR ATTM
Largest movements
- Cash +€333,682
up €333,682 (+222%), from €150,449 to €484,130
mainly Other debts (+€250,416) and Receivables within one year (+€110,776)
- Receivables within one year -€110,776
down €110,776 (-77.9%), from €142,293 to €31,516
of which Trade receivables: -€110,787
- Other debts +€250,416
up €250,416 (+119%), from €211,240 to €461,656
- Trade debts -€34,108
down €34,108 (-85.6%), from €39,847 to €5,739
- Gross operating margin +€38,619
up €38,619 (+82.2%), from €47,007 to €85,626
- Taxes +€8,542
up €8,542 (+150%), from €5,708 to €14,249
- Staff costs +€5,623
up €5,623 (+24.0%), from €23,403 to €29,026
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 | €299,898 | €527,013 | +€227,114 | +75.7% |
| Fixed assets | 21/28 | €7,157 | €11,058 | +€3,901 | +54.5% |
| Intangible fixed assets | 21 | €797 | €397 | -€400 | -50.2% |
| Tangible fixed assets | 22/27 | €6,360 | €10,661 | +€4,301 | +67.6% |
| Plant, machinery and equipment | 23 | €6,360 | €8,861 | +€2,501 | +39.3% |
| Furniture and vehicles | 24 | - | €1,801 | +€1,801 | |
| Current assets | 29/58 | €292,741 | €515,955 | +€223,213 | +76.2% |
| Amounts receivable within one year | 40/41 | €142,293 | €31,516 | -€110,776 | -77.9% |
| Trade receivables | 40 | €142,293 | €31,506 | -€110,787 | -77.9% |
| Other amounts receivable | 41 | - | €11 | +€11 | |
| Cash at bank and in hand | 54/58 | €150,449 | €484,130 | +€333,682 | +222% |
| Deferred charges and accrued income | 490/1 | - | €308 | +€308 | |
| Total equity and liabilities | 10/49 | €299,898 | €527,013 | +€227,114 | +75.7% |
| Equity | 10/15 | €29,763 | €34,723 | +€4,960 | +16.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,763 | €24,723 | +€4,960 | +25.1% |
| Amounts payable | 17/49 | €270,135 | €492,290 | +€222,155 | +82.2% |
| Amounts payable within one year | 42/48 | €269,285 | €490,064 | +€220,779 | +82.0% |
| Trade debts | 44 | €39,847 | €5,739 | -€34,108 | -85.6% |
| Suppliers | 440/4 | €39,847 | €5,739 | -€34,108 | -85.6% |
| Taxes, remuneration and social security | 45 | €18,198 | €22,669 | +€4,471 | +24.6% |
| Taxes | 450/3 | €18,006 | €22,477 | +€4,471 | +24.8% |
| Remuneration and social security | 454/9 | €192 | €192 | = | 0.0% |
| Other amounts payable | 47/48 | €211,240 | €461,656 | +€250,416 | +119% |
| Accrued charges and deferred income | 492/3 | €850 | €2,226 | +€1,376 | +162% |
| Remuneration, social security and pensions | 62 | €23,403 | €29,026 | +€5,623 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,307 | €1,592 | +€284 | +21.7% |
| Other operating charges | 640/8 | €1,346 | €1,180 | -€166 | -12.3% |
| Gross operating margin | 9900 | €47,007 | €85,626 | +€38,619 | +82.2% |
| Operating profit (loss) | 9901 | €20,952 | €53,829 | +€32,877 | +157% |
| Financial income | 75/76B | €106 | €644 | +€538 | +508% |
| Recurring financial income | 75 | €106 | €644 | +€538 | +508% |
| Financial charges | 65/66B | €323 | €264 | -€59 | -18.3% |
| Recurring financial charges | 65 | €323 | €264 | -€59 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €20,735 | €54,209 | +€33,474 | +161% |
| Income taxes | 67/77 | €5,708 | €14,249 | +€8,542 | +150% |
| Profit (loss) for the period | 9904 | €15,027 | €39,960 | +€24,933 | +166% |
| Profit (loss) for the period to be appropriated | 9905 | €15,027 | €39,960 | +€24,933 | +166% |
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.