AESTIVA: 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.
AESTIVA
Largest movements
- Current investments -€186,875
down €186,875 (-17.7%), from €1.1m to €869,011
- Cash +€78,856
up €78,856 (+125%), from €62,971 to €141,827
mainly Current investments (+€186,875) and Net result for the year (+€89,090)
- Other debts -€62,869
down €62,869 (-31.4%), from €200,534 to €137,664
- Reserves -€55,069
down €55,069 (-5.9%), from €927,073 to €872,003
- Gross operating margin +€17,072
up €17,072 (+14.3%), from €119,594 to €136,666
- Taxes +€5,313
up €5,313 (+14.2%), from €37,317 to €42,630
- Financial income +€1,517
up €1,517 (+160%), from €949 to €2,465
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 | €1,155,129 | €1,045,219 | -€109,910 | -9.5% |
| Fixed assets | 21/28 | €17,138 | €13,669 | -€3,469 | -20.2% |
| Tangible fixed assets | 22/27 | €17,138 | €13,669 | -€3,469 | -20.2% |
| Furniture and vehicles | 24 | €17,138 | €11,793 | -€5,344 | -31.2% |
| Other tangible fixed assets | 26 | - | €1,876 | +€1,876 | |
| Current assets | 29/58 | €1,137,992 | €1,031,550 | -€106,441 | -9.4% |
| Amounts receivable within one year | 40/41 | - | €6,159 | +€6,159 | |
| Trade receivables | 40 | - | €6,159 | +€6,159 | |
| Current investments | 50/53 | €1,055,886 | €869,011 | -€186,875 | -17.7% |
| Cash at bank and in hand | 54/58 | €62,971 | €141,827 | +€78,856 | +125% |
| Deferred charges and accrued income | 490/1 | €19,135 | €14,553 | -€4,582 | -23.9% |
| Total equity and liabilities | 10/49 | €1,155,129 | €1,045,219 | -€109,910 | -9.5% |
| Equity | 10/15 | €945,673 | €890,603 | -€55,069 | -5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €927,073 | €872,003 | -€55,069 | -5.9% |
| Distributable reserves | 133 | €927,073 | €872,003 | -€55,069 | -5.9% |
| Amounts payable | 17/49 | €209,457 | €154,616 | -€54,840 | -26.2% |
| Amounts payable within one year | 42/48 | €209,457 | €154,616 | -€54,840 | -26.2% |
| Current portion of amounts payable after more than one year | 42 | €6,115 | €6,115 | = | 0.0% |
| Trade debts | 44 | €495 | €5,761 | +€5,266 | +1,064% |
| Suppliers | 440/4 | €495 | €5,761 | +€5,266 | +1,064% |
| Taxes, remuneration and social security | 45 | €2,313 | €5,077 | +€2,763 | +119% |
| Taxes | 450/3 | €2,313 | €5,077 | +€2,763 | +119% |
| Other amounts payable | 47/48 | €200,534 | €137,664 | -€62,869 | -31.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,344 | €5,768 | +€423 | +7.9% |
| Other operating charges | 640/8 | €126 | €290 | +€164 | +130% |
| Gross operating margin | 9900 | €119,594 | €136,666 | +€17,072 | +14.3% |
| Operating profit (loss) | 9901 | €114,123 | €130,608 | +€16,485 | +14.4% |
| Financial income | 75/76B | €949 | €2,465 | +€1,517 | +160% |
| Recurring financial income | 75 | €949 | €2,465 | +€1,517 | +160% |
| Financial charges | 65/66B | €1,330 | €1,353 | +€23 | +1.7% |
| Recurring financial charges | 65 | €1,330 | €1,353 | +€23 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €113,742 | €131,720 | +€17,978 | +15.8% |
| Income taxes | 67/77 | €37,317 | €42,630 | +€5,313 | +14.2% |
| Profit (loss) for the period | 9904 | €76,424 | €89,090 | +€12,666 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €76,424 | €89,090 | +€12,666 | +16.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.