STAR RENOVATION: 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.
STAR RENOVATION
Largest movements
- Cash +€1,700
up €1,700 (+110%), from €1,541 to €3,241
mainly Net result for the year (+€2,070) and Receivables within one year (+€864)
- Receivables within one year -€864
down €864 (-15.6%), from €5,531 to €4,667
of which Other amounts receivable: -€3,751
- Profit (loss) carried forward +€2,070
up €2,070 (+35.9%), from -€5,765 to -€3,695
- Other debts -€728
down €728 (-7.2%), from €10,146 to €9,418
- Current portion of long-term debt -€656
no longer reported in 2025 (was €656)
- Tax, wage and social debts +€150
up €150 (+424%), from €35 to €185
of which Remuneration and social security: +€150
- Gross operating margin +€19,361
up €19,361, from -€5,638 to €13,722
- Staff costs +€11,499
new in 2025: €11,499
- Other operating charges -€150
no longer reported in 2025 (was €150)
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 | €7,072 | €7,908 | +€836 | +11.8% |
| Current assets | 29/58 | €7,072 | €7,908 | +€836 | +11.8% |
| Amounts receivable within one year | 40/41 | €5,531 | €4,667 | -€864 | -15.6% |
| Trade receivables | 40 | - | €2,887 | +€2,887 | |
| Other amounts receivable | 41 | €5,531 | €1,780 | -€3,751 | -67.8% |
| Cash at bank and in hand | 54/58 | €1,541 | €3,241 | +€1,700 | +110% |
| Total equity and liabilities | 10/49 | €7,072 | €7,908 | +€836 | +11.8% |
| Equity | 10/15 | -€3,765 | -€1,695 | +€2,070 | +55.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,765 | -€3,695 | +€2,070 | +35.9% |
| Amounts payable | 17/49 | €10,837 | €9,603 | -€1,234 | -11.4% |
| Amounts payable within one year | 42/48 | €10,837 | €9,603 | -€1,234 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €656 | - | -€656 | |
| Taxes, remuneration and social security | 45 | €35 | €185 | +€150 | +424% |
| Taxes | 450/3 | €35 | €35 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €150 | +€150 | |
| Other amounts payable | 47/48 | €10,146 | €9,418 | -€728 | -7.2% |
| Remuneration, social security and pensions | 62 | - | €11,499 | +€11,499 | |
| Other operating charges | 640/8 | €150 | - | -€150 | |
| Gross operating margin | 9900 | -€5,638 | €13,722 | +€19,361 | |
| Operating profit (loss) | 9901 | -€5,788 | €2,223 | +€8,011 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €216 | €153 | -€63 | -29.0% |
| Recurring financial charges | 65 | €216 | €153 | -€63 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,004 | €2,070 | +€8,074 | |
| Income taxes | 67/77 | -€63 | - | +€63 | |
| Profit (loss) for the period | 9904 | -€5,942 | €2,070 | +€8,011 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,942 | €2,070 | +€8,011 |
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 27 October 2026 via checked.be.