AESTIMO: 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.
AESTIMO
Largest movements
- Tangible fixed assets +€57,828
up €57,828 (+453.2%), from €12,760 to €70,588
- Receivables within one year +€12,693
up €12,693 (+97.2%), from €13,056 to €25,749
- Debts after one year +€40,340
new in 2025: €40,340
- Profit (loss) carried forward +€10,450
up €10,450 (+31.0%), from €33,739 to €44,188
- Current portion of long-term debt +€9,798
up €9,798 (+610.9%), from €1,604 to €11,401
- Tax, wage and social debts +€3,777
up €3,777 (+14.7%), from €25,671 to €29,448
- Trade debts +€3,405
up €3,405 (+148.8%), from €2,288 to €5,694
- Gross operating margin +€20,491
up €20,491 (+80.5%), from €25,462 to €45,953
- Depreciation +€3,394
up €3,394 (+34.0%), from €9,983 to €13,378
- Taxes +€1,922
up €1,922 (+31.7%), from €6,054 to €7,975
- Financial charges +€1,748
up €1,748 (+723.5%), from €242 to €1,989
- Other operating charges +€1,677
up €1,677 (+258.4%), from €649 to €2,326
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 | €71,412 | €141,573 | +€70,162 | +98.3% |
| Fixed assets | 21/28 | €12,760 | €70,588 | +€57,828 | +453.2% |
| Tangible fixed assets | 22/27 | €12,760 | €70,588 | +€57,828 | +453.2% |
| Furniture and vehicles | 24 | €12,760 | €70,588 | +€57,828 | +453.2% |
| Current assets | 29/58 | €58,651 | €70,985 | +€12,334 | +21.0% |
| Amounts receivable within one year | 40/41 | €13,056 | €25,749 | +€12,693 | +97.2% |
| Trade receivables | 40 | €13,056 | €25,749 | +€12,693 | +97.2% |
| Cash at bank and in hand | 54/58 | €42,913 | €41,937 | -€976 | -2.3% |
| Deferred charges and accrued income | 490/1 | €2,682 | €3,300 | +€617 | +23.0% |
| Total equity and liabilities | 10/49 | €71,412 | €141,573 | +€70,162 | +98.3% |
| Equity | 10/15 | €35,599 | €46,048 | +€10,450 | +29.4% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,739 | €44,188 | +€10,450 | +31.0% |
| Amounts payable | 17/49 | €35,813 | €95,525 | +€59,712 | +166.7% |
| Amounts payable after more than one year | 17 | - | €40,340 | +€40,340 | |
| Financial debts | 170/4 | - | €40,340 | +€40,340 | |
| Amounts payable within one year | 42/48 | €35,813 | €55,186 | +€19,373 | +54.1% |
| Current portion of amounts payable after more than one year | 42 | €1,604 | €11,401 | +€9,798 | +610.9% |
| Trade debts | 44 | €2,288 | €5,694 | +€3,405 | +148.8% |
| Suppliers | 440/4 | €2,288 | €5,694 | +€3,405 | +148.8% |
| Taxes, remuneration and social security | 45 | €25,671 | €29,448 | +€3,777 | +14.7% |
| Taxes | 450/3 | €25,671 | €29,448 | +€3,777 | +14.7% |
| Other amounts payable | 47/48 | €6,250 | €8,643 | +€2,393 | +38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,983 | €13,378 | +€3,394 | +34.0% |
| Other operating charges | 640/8 | €649 | €2,326 | +€1,677 | +258.4% |
| Gross operating margin | 9900 | €25,462 | €45,953 | +€20,491 | +80.5% |
| Operating profit (loss) | 9901 | €14,830 | €30,249 | +€15,420 | +104.0% |
| Financial income | 75/76B | €76 | €165 | +€90 | +118.6% |
| Recurring financial income | 75 | €76 | €165 | +€90 | +118.6% |
| Financial charges | 65/66B | €242 | €1,989 | +€1,748 | +723.5% |
| Recurring financial charges | 65 | €242 | €1,989 | +€1,748 | +723.5% |
| Profit (loss) for the period before taxes | 9903 | €14,664 | €28,425 | +€13,761 | +93.8% |
| Income taxes | 67/77 | €6,054 | €7,975 | +€1,922 | +31.7% |
| Profit (loss) for the period | 9904 | €8,610 | €20,450 | +€11,840 | +137.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,610 | €20,450 | +€11,840 | +137.5% |
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 12 October 2026 via checked.be.