STARS PAVILLON: what changed
STARS PAVILLON
Largest movements
- Cash -€1,497
down €1,497 (-12.0%), from €12,505 to €11,008
- Profit (loss) carried forward -€1,773
down €1,773 (-277%), from -€639 to -€2,412
- Tax, wage and social debts +€293
up €293 (+374%), from €78 to €371
- Turnover +€20,395
up €20,395 (+95.8%), from €21,282 to €41,677
- Purchases and services +€18,079
up €18,079 (+74.7%), from €24,204 to €42,283
- Gross operating margin +€2,316
up €2,316 (+79.3%), from -€2,922 to -€606
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
A cash bridge needs two consecutive financial years. One year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,005 | €12,524 | -€1,481 | -10.6% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €12,505 | €11,024 | -€1,481 | -11.8% |
| Amounts receivable within one year | 40/41 | - | €16 | +€16 | |
| Other amounts receivable | 41 | - | €16 | +€16 | |
| Cash at bank and in hand | 54/58 | €12,505 | €11,008 | -€1,497 | -12.0% |
| Total equity and liabilities | 10/49 | €14,005 | €12,524 | -€1,481 | -10.6% |
| Equity | 10/15 | €13,921 | €12,148 | -€1,773 | -12.7% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Contributions outside capital | 11 | €12,700 | €12,700 | = | 0.0% |
| Share premium | 1100/10 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€639 | -€2,412 | -€1,773 | -277% |
| Amounts payable | 17/49 | €85 | €376 | +€291 | +344% |
| Amounts payable within one year | 42/48 | €85 | €376 | +€291 | +344% |
| Trade debts | 44 | €6 | €5 | -€1 | -21.1% |
| Suppliers | 440/4 | €6 | €5 | -€1 | -21.1% |
| Taxes, remuneration and social security | 45 | €78 | €371 | +€293 | +374% |
| Taxes | 450/3 | €78 | €371 | +€293 | +374% |
| Turnover | 70 | €21,282 | €41,677 | +€20,395 | +95.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,204 | €42,283 | +€18,079 | +74.7% |
| Other operating charges | 640/8 | €387 | €787 | +€400 | +103% |
| Gross operating margin | 9900 | -€2,922 | -€606 | +€2,316 | +79.3% |
| Operating profit (loss) | 9901 | -€3,309 | -€1,393 | +€1,916 | +57.9% |
| Financial charges | 65/66B | €185 | €380 | +€194 | +105% |
| Recurring financial charges | 65 | €185 | €380 | +€194 | +105% |
| Profit (loss) for the period before taxes | 9903 | -€3,494 | -€1,773 | +€1,722 | +49.3% |
| Profit (loss) for the period | 9904 | -€3,494 | -€1,773 | +€1,722 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,494 | -€1,773 | +€1,722 | +49.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.