Dr. Esthelle Colle: 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.
Dr. Esthelle Colle
Largest movements
- Cash +€26,409
up €26,409 (+271%), from €9,728 to €36,138
mainly Net result for the year (+€25,655) and Tax, wage and social debts (+€6,168)
- Deferred charges and accrued income +€2,240
up €2,240 (+109%), from €2,051 to €4,290
- Receivables within one year +€2,133
new in 2025: €2,133
- Tangible fixed assets +€986
new in 2025: €986
- Reserves +€25,655
up €25,655 (+500%), from €5,128 to €30,782
- Tax, wage and social debts +€6,168
up €6,168 (+256%), from €2,412 to €8,580
- Gross operating margin +€25,831
up €25,831 (+256%), from €10,074 to €35,905
- Taxes +€6,168
up €6,168 (+256%), from €2,412 to €8,580
- Other operating charges -€1,328
down €1,328 (-87.3%), from €1,521 to €193
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 | €11,779 | €43,547 | +€31,768 | +270% |
| Fixed assets | 21/28 | - | €986 | +€986 | |
| Tangible fixed assets | 22/27 | - | €986 | +€986 | |
| Plant, machinery and equipment | 23 | - | €986 | +€986 | |
| Current assets | 29/58 | €11,779 | €42,561 | +€30,782 | +261% |
| Amounts receivable within one year | 40/41 | - | €2,133 | +€2,133 | |
| Other amounts receivable | 41 | - | €2,133 | +€2,133 | |
| Cash at bank and in hand | 54/58 | €9,728 | €36,138 | +€26,409 | +271% |
| Deferred charges and accrued income | 490/1 | €2,051 | €4,290 | +€2,240 | +109% |
| Total equity and liabilities | 10/49 | €11,779 | €43,547 | +€31,768 | +270% |
| Equity | 10/15 | €6,128 | €31,782 | +€25,655 | +419% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €5,128 | €30,782 | +€25,655 | +500% |
| Distributable reserves | 133 | €5,128 | €30,782 | +€25,655 | +500% |
| Amounts payable | 17/49 | €5,652 | €11,765 | +€6,113 | +108% |
| Amounts payable within one year | 42/48 | €5,652 | €11,765 | +€6,113 | +108% |
| Trade debts | 44 | €3,026 | €3,185 | +€159 | +5.3% |
| Suppliers | 440/4 | €3,026 | €3,185 | +€159 | +5.3% |
| Taxes, remuneration and social security | 45 | €2,412 | €8,580 | +€6,168 | +256% |
| Taxes | 450/3 | €2,412 | €8,580 | +€6,168 | +256% |
| Other amounts payable | 47/48 | €214 | - | -€214 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €238 | +€238 | |
| Other operating charges | 640/8 | €1,521 | €193 | -€1,328 | -87.3% |
| Gross operating margin | 9900 | €10,074 | €35,905 | +€25,831 | +256% |
| Operating profit (loss) | 9901 | €8,552 | €35,474 | +€26,922 | +315% |
| Financial income | 75/76B | - | €28 | +€28 | |
| Recurring financial income | 75 | - | €28 | +€28 | |
| Financial charges | 65/66B | €1,013 | €1,267 | +€254 | +25.1% |
| Recurring financial charges | 65 | €1,013 | €1,267 | +€254 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €7,539 | €34,235 | +€26,695 | +354% |
| Income taxes | 67/77 | €2,412 | €8,580 | +€6,168 | +256% |
| Profit (loss) for the period | 9904 | €5,128 | €25,655 | +€20,527 | +400% |
| Profit (loss) for the period to be appropriated | 9905 | €5,128 | €25,655 | +€20,527 | +400% |
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 28 October 2026 via checked.be.