Lightning Star Properties: 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.
Lightning Star Properties
Largest movements
- Tangible fixed assets +€690,333
new in 2025: €690,333
- Cash -€79,882
down €79,882 (-99.3%), from €80,439 to €558
mainly Investment in fixed assets (net) (-€709,535) and Net result for the year (-€14,529)
- Receivables within one year -€41,297
no longer reported in 2025 (was €41,297)
- Debts after one year +€467,978
new in 2025: €467,978
of which Financial debts: +€467,728
- Other debts +€106,250
up €106,250 (+597.1%), from €17,795 to €124,045
- Current portion of long-term debt +€17,868
new in 2025: €17,868
- Profit (loss) carried forward -€14,529
down €14,529 (-22.2%), from €65,298 to €50,769
- Tax, wage and social debts -€7,822
down €7,822 (-61.8%), from €12,651 to €4,829
- Depreciation +€19,203
new in 2025: €19,203
- Financial charges +€16,185
up €16,185 (+25500.6%), from €63 to €16,249
- Taxes -€4,829
no longer reported in 2025 (was €4,829)
- Other operating charges +€3,529
up €3,529 (+389.3%), from €907 to €4,436
- Gross operating margin +€2,735
up €2,735 (+12.1%), from €22,622 to €25,357
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 | €121,736 | €690,997 | +€569,261 | +467.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | - | €690,333 | +€690,333 | |
| Tangible fixed assets | 22/27 | - | €690,333 | +€690,333 | |
| Land and buildings | 22 | - | €690,333 | +€690,333 | |
| Current assets | 29/58 | €121,736 | €664 | -€121,072 | -99.5% |
| Amounts receivable within one year | 40/41 | €41,297 | - | -€41,297 | |
| Trade receivables | 40 | €41,297 | - | -€41,297 | |
| Cash at bank and in hand | 54/58 | €80,439 | €558 | -€79,882 | -99.3% |
| Deferred charges and accrued income | 490/1 | - | €107 | +€107 | |
| Total equity and liabilities | 10/49 | €121,736 | €690,997 | +€569,261 | +467.6% |
| Equity | 10/15 | €90,298 | €75,769 | -€14,529 | -16.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,298 | €50,769 | -€14,529 | -22.2% |
| Amounts payable | 17/49 | €31,438 | €615,228 | +€583,790 | +1857.0% |
| Amounts payable after more than one year | 17 | - | €467,978 | +€467,978 | |
| Financial debts | 170/4 | - | €467,728 | +€467,728 | |
| Other amounts payable | 178/9 | - | €250 | +€250 | |
| Amounts payable within one year | 42/48 | €31,438 | €147,250 | +€115,812 | +368.4% |
| Current portion of amounts payable after more than one year | 42 | - | €17,868 | +€17,868 | |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €992 | €502 | -€491 | -49.5% |
| Suppliers | 440/4 | €992 | €502 | -€491 | -49.5% |
| Taxes, remuneration and social security | 45 | €12,651 | €4,829 | -€7,822 | -61.8% |
| Taxes | 450/3 | €12,651 | €4,829 | -€7,822 | -61.8% |
| Other amounts payable | 47/48 | €17,795 | €124,045 | +€106,250 | +597.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €19,203 | +€19,203 | |
| Other operating charges | 640/8 | €907 | €4,436 | +€3,529 | +389.3% |
| Gross operating margin | 9900 | €22,622 | €25,357 | +€2,735 | +12.1% |
| Operating profit (loss) | 9901 | €21,716 | €1,719 | -€19,997 | -92.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €63 | €16,249 | +€16,185 | +25500.6% |
| Recurring financial charges | 65 | €63 | €16,249 | +€16,185 | +25500.6% |
| Profit (loss) for the period before taxes | 9903 | €21,652 | -€14,529 | -€36,181 | |
| Income taxes | 67/77 | €4,829 | - | -€4,829 | |
| Profit (loss) for the period | 9904 | €16,823 | -€14,529 | -€31,352 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,823 | -€14,529 | -€31,352 |
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 10 October 2026 via checked.be.