IMMO STARC: 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 STARC
Largest movements
- Cash -€3,178
down €3,178 (-13.5%), from €23,539 to €20,361
mainly Net result for the year (-€4,073)
- Profit (loss) carried forward -€4,073
down €4,073 (-36.2%), from -€11,256 to -€15,329
- Gross operating margin -€20,696
down €20,696, from €17,576 to -€3,119
- Other operating charges -€1,343
down €1,343 (-74.4%), from €1,804 to €462
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 | €225,077 | €221,899 | -€3,178 | -1.4% |
| Fixed assets | 21/28 | €8,000 | €8,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,000 | €8,000 | = | 0.0% |
| Land and buildings | 22 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €217,077 | €213,899 | -€3,178 | -1.5% |
| Stocks and contracts in progress | 3 | €24,000 | €24,000 | = | 0.0% |
| Stocks | 30/36 | €24,000 | €24,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €169,538 | €169,538 | = | 0.0% |
| Trade receivables | 40 | €5,310 | €5,310 | = | 0.0% |
| Other amounts receivable | 41 | €164,228 | €164,228 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €23,539 | €20,361 | -€3,178 | -13.5% |
| Total equity and liabilities | 10/49 | €225,077 | €221,899 | -€3,178 | -1.4% |
| Equity | 10/15 | €184,606 | €180,533 | -€4,073 | -2.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €95,862 | €95,862 | = | 0.0% |
| Distributable reserves | 133 | €95,862 | €95,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,256 | -€15,329 | -€4,073 | -36.2% |
| Amounts payable | 17/49 | €40,471 | €41,366 | +€895 | +2.2% |
| Amounts payable within one year | 42/48 | €40,471 | €41,366 | +€895 | +2.2% |
| Trade debts | 44 | - | €895 | +€895 | |
| Suppliers | 440/4 | - | €895 | +€895 | |
| Other amounts payable | 47/48 | €40,471 | €40,471 | = | 0.0% |
| Non-recurring operating income | 76A | €21,825 | - | -€21,825 | |
| Other operating charges | 640/8 | €1,804 | €462 | -€1,343 | -74.4% |
| Gross operating margin | 9900 | €17,576 | -€3,119 | -€20,696 | |
| Operating profit (loss) | 9901 | €15,772 | -€3,581 | -€19,353 | |
| Financial charges | 65/66B | €477 | €492 | +€15 | +3.2% |
| Recurring financial charges | 65 | €477 | €492 | +€15 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €15,296 | -€4,073 | -€19,368 | |
| Profit (loss) for the period | 9904 | €15,296 | -€4,073 | -€19,368 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,296 | -€4,073 | -€19,368 |
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 5 October 2026 via checked.be.