A & S Estates: what changed
Two fiscal 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.
A & S Estates
Largest movements
- Cash -€9,099
down €9,099 (-91.3%), from €9,965 to €866
mainly Net result for the year (-€8,744) and Debts after one year (-€4,441)
- Tangible fixed assets -€6,173
down €6,173 (-23.4%), from €26,359 to €20,186
of which Furniture and vehicles: -€3,557
- Receivables within one year +€3,988
up €3,988 (+294.8%), from €1,353 to €5,341
- Stocks and contracts +€919
up €919 (+2.1%), from €44,691 to €45,609
- Profit (loss) carried forward -€8,744
down €8,744 (-47.8%), from -€18,297 to -€27,041
- Debts after one year -€4,441
down €4,441 (-10.6%), from €41,780 to €37,340
- Other debts +€4,314
up €4,314 (+8.7%), from €49,351 to €53,664
- Current portion of long-term debt -€903
down €903 (-16.9%), from €5,343 to €4,441
- Gross operating margin -€11,552
down €11,552 (-73.0%), from €15,826 to €4,273
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 | €86,647 | €76,444 | -€10,203 | -11.8% |
| Fixed assets | 21/28 | €26,359 | €20,186 | -€6,173 | -23.4% |
| Tangible fixed assets | 22/27 | €26,359 | €20,186 | -€6,173 | -23.4% |
| Land and buildings | 22 | €16,571 | €14,641 | -€1,931 | -11.7% |
| Plant, machinery and equipment | 23 | €1,889 | €1,205 | -€685 | -36.2% |
| Furniture and vehicles | 24 | €7,898 | €4,341 | -€3,557 | -45.0% |
| Current assets | 29/58 | €60,288 | €56,258 | -€4,030 | -6.7% |
| Stocks and contracts in progress | 3 | €44,691 | €45,609 | +€919 | +2.1% |
| Stocks | 30/36 | €44,691 | €45,609 | +€919 | +2.1% |
| Amounts receivable within one year | 40/41 | €1,353 | €5,341 | +€3,988 | +294.8% |
| Trade receivables | 40 | €1,353 | €5,341 | +€3,988 | +294.8% |
| Cash at bank and in hand | 54/58 | €9,965 | €866 | -€9,099 | -91.3% |
| Deferred charges and accrued income | 490/1 | €4,280 | €4,441 | +€162 | +3.8% |
| Total equity and liabilities | 10/49 | €86,647 | €76,444 | -€10,203 | -11.8% |
| Equity | 10/15 | -€14,197 | -€22,941 | -€8,744 | -61.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,297 | -€27,041 | -€8,744 | -47.8% |
| Amounts payable | 17/49 | €100,844 | €99,385 | -€1,459 | -1.4% |
| Amounts payable after more than one year | 17 | €41,780 | €37,340 | -€4,441 | -10.6% |
| Financial debts | 170/4 | €41,780 | €37,340 | -€4,441 | -10.6% |
| Amounts payable within one year | 42/48 | €58,022 | €61,072 | +€3,049 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €5,343 | €4,441 | -€903 | -16.9% |
| Trade debts | 44 | €774 | €566 | -€209 | -26.9% |
| Suppliers | 440/4 | €774 | €566 | -€209 | -26.9% |
| Taxes, remuneration and social security | 45 | €2,554 | €2,401 | -€153 | -6.0% |
| Taxes | 450/3 | €2,116 | €1,708 | -€409 | -19.3% |
| Remuneration and social security | 454/9 | €438 | €693 | +€256 | +58.4% |
| Other amounts payable | 47/48 | €49,351 | €53,664 | +€4,314 | +8.7% |
| Accrued charges and deferred income | 492/3 | €1,042 | €974 | -€68 | -6.5% |
| Remuneration, social security and pensions | 62 | €4,607 | €4,552 | -€55 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,173 | €6,173 | = | 0.0% |
| Other operating charges | 640/8 | €1,458 | €1,459 | +€1 | +0.1% |
| Gross operating margin | 9900 | €15,826 | €4,273 | -€11,552 | -73.0% |
| Operating profit (loss) | 9901 | €3,588 | -€7,910 | -€11,498 | |
| Financial income | 75/76B | €236 | €189 | -€47 | -20.0% |
| Recurring financial income | 75 | €236 | €189 | -€47 | -20.0% |
| Financial charges | 65/66B | €955 | €858 | -€97 | -10.2% |
| Recurring financial charges | 65 | €955 | €858 | -€97 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €2,869 | -€8,579 | -€11,448 | |
| Income taxes | 67/77 | €160 | €165 | +€5 | +3.1% |
| Profit (loss) for the period | 9904 | €2,709 | -€8,744 | -€11,453 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,709 | -€8,744 | -€11,453 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.