STARRENHOF IMMO: 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.
STARRENHOF IMMO
Largest movements
- Tangible fixed assets -€98,163
down €98,163 (-6.4%), from €1.5m to €1.4m
of which Land and buildings: -€89,058
- Debts after one year -€116,202
down €116,202 (-10.4%), from €1.1m to €1.0m
- Other debts +€19,579
up €19,579 (+443%), from €4,421 to €24,000
- Gross operating margin -€24,508
down €24,508 (-15.3%), from €159,972 to €135,464
- Taxes -€5,496
no longer reported in 2026 (was €5,496)
- Depreciation +€5,139
up €5,139 (+5.3%), from €97,874 to €103,013
- Financial charges -€2,752
down €2,752 (-16.3%), from €16,914 to €14,161
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,557,026 | €1,467,221 | -€89,805 | -5.8% |
| Fixed assets | 21/28 | €1,532,646 | €1,434,483 | -€98,163 | -6.4% |
| Tangible fixed assets | 22/27 | €1,532,646 | €1,434,483 | -€98,163 | -6.4% |
| Land and buildings | 22 | €1,463,502 | €1,374,444 | -€89,058 | -6.1% |
| Plant, machinery and equipment | 23 | €69,144 | €60,040 | -€9,104 | -13.2% |
| Current assets | 29/58 | €24,380 | €32,737 | +€8,358 | +34.3% |
| Amounts receivable within one year | 40/41 | €15,267 | €11,853 | -€3,414 | -22.4% |
| Trade receivables | 40 | €6,203 | €11,853 | +€5,649 | +91.1% |
| Other amounts receivable | 41 | €9,064 | - | -€9,064 | |
| Cash at bank and in hand | 54/58 | €9,113 | €20,884 | +€11,772 | +129% |
| Total equity and liabilities | 10/49 | €1,557,026 | €1,467,221 | -€89,805 | -5.8% |
| Equity | 10/15 | €307,078 | €301,788 | -€5,290 | -1.7% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €2,972 | €2,972 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,972 | €2,972 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,972 | €2,972 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,105 | €98,815 | -€5,290 | -5.1% |
| Amounts payable | 17/49 | €1,249,948 | €1,165,433 | -€84,515 | -6.8% |
| Amounts payable after more than one year | 17 | €1,119,798 | €1,003,597 | -€116,202 | -10.4% |
| Financial debts | 170/4 | €1,119,798 | €1,003,597 | -€116,202 | -10.4% |
| Amounts payable within one year | 42/48 | €130,150 | €161,836 | +€31,687 | +24.3% |
| Current portion of amounts payable after more than one year | 42 | €110,939 | €112,860 | +€1,921 | +1.7% |
| Trade debts | 44 | €8,049 | €11,152 | +€3,103 | +38.6% |
| Suppliers | 440/4 | €8,049 | €11,152 | +€3,103 | +38.6% |
| Taxes, remuneration and social security | 45 | €6,741 | €13,824 | +€7,083 | +105% |
| Taxes | 450/3 | €6,741 | €13,824 | +€7,083 | +105% |
| Other amounts payable | 47/48 | €4,421 | €24,000 | +€19,579 | +443% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €97,874 | €103,013 | +€5,139 | +5.3% |
| Other operating charges | 640/8 | €23,201 | €23,580 | +€378 | +1.6% |
| Gross operating margin | 9900 | €159,972 | €135,464 | -€24,508 | -15.3% |
| Operating profit (loss) | 9901 | €38,897 | €8,871 | -€30,026 | -77.2% |
| Financial charges | 65/66B | €16,914 | €14,161 | -€2,752 | -16.3% |
| Recurring financial charges | 65 | €16,914 | €14,161 | -€2,752 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €21,983 | -€5,290 | -€27,273 | |
| Income taxes | 67/77 | €5,496 | - | -€5,496 | |
| Profit (loss) for the period | 9904 | €16,488 | -€5,290 | -€21,777 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,488 | -€5,290 | -€21,777 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.