Résidence des Etoiles: 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.
Résidence des Etoiles
Largest movements
- Stocks and contracts +€1.5m
up €1.5m (+569%), from €258,457 to €1.7m
- Cash +€234,174
up €234,174 (+1,107%), from €21,163 to €255,337
mainly Other debts (+€1.7m) and Smaller working-capital items (+€5,597)
- Other debts +€1.7m
up €1.7m (+830%), from €206,434 to €1.9m
- Gross operating margin +€6,248
up €6,248 (+48.9%), from -€12,770 to -€6,521
- Financial charges -€2,231
down €2,231 (-27.6%), from €8,074 to €5,843
- Other operating charges +€808
new in 2025: €808
- Depreciation -€175
down €175 (-31.8%), from €550 to €375
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 | €286,719 | €1,988,778 | +€1.7m | +594% |
| Formation expenses | 20 | €1,324 | €949 | -€375 | -28.3% |
| Current assets | 29/58 | €285,395 | €1,987,829 | +€1.7m | +597% |
| Stocks and contracts in progress | 3 | €258,457 | €1,729,587 | +€1.5m | +569% |
| Stocks | 30/36 | €258,457 | €1,729,587 | +€1.5m | +569% |
| Amounts receivable within one year | 40/41 | €5,775 | €2,905 | -€2,870 | -49.7% |
| Other amounts receivable | 41 | €5,775 | €2,905 | -€2,870 | -49.7% |
| Cash at bank and in hand | 54/58 | €21,163 | €255,337 | +€234,174 | +1,107% |
| Total equity and liabilities | 10/49 | €286,719 | €1,988,778 | +€1.7m | +594% |
| Equity | 10/15 | €78,606 | €65,058 | -€13,548 | -17.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,394 | -€34,942 | -€13,548 | -63.3% |
| Amounts payable | 17/49 | €208,113 | €1,923,719 | +€1.7m | +824% |
| Amounts payable within one year | 42/48 | €208,113 | €1,923,719 | +€1.7m | +824% |
| Trade debts | 44 | €71 | €4,092 | +€4,021 | +5,697% |
| Suppliers | 440/4 | €71 | €4,092 | +€4,021 | +5,697% |
| Taxes, remuneration and social security | 45 | €1,608 | €314 | -€1,294 | -80.5% |
| Taxes | 450/3 | €1,608 | €314 | -€1,294 | -80.5% |
| Other amounts payable | 47/48 | €206,434 | €1,919,313 | +€1.7m | +830% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €375 | -€175 | -31.8% |
| Other operating charges | 640/8 | - | €808 | +€808 | |
| Gross operating margin | 9900 | -€12,770 | -€6,521 | +€6,248 | +48.9% |
| Operating profit (loss) | 9901 | -€13,319 | -€7,704 | +€5,615 | +42.2% |
| Financial charges | 65/66B | €8,074 | €5,843 | -€2,231 | -27.6% |
| Recurring financial charges | 65 | €8,074 | €5,843 | -€2,231 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€21,394 | -€13,548 | +€7,846 | +36.7% |
| Profit (loss) for the period | 9904 | -€21,394 | -€13,548 | +€7,846 | +36.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,394 | -€13,548 | +€7,846 | +36.7% |
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 21 October 2026 via checked.be.