ES Kesteleyn: what changed
ES Kesteleyn
Largest movements
- Tangible fixed assets +€546,408
up €546,408 (+9,898%), from €5,520 to €551,928
of which Land and buildings: +€529,228
- Cash -€119,770
down €119,770 (-73.9%), from €162,128 to €42,359
mainly Investment in fixed assets (net) (-€550,000) and Contributions, distributions and other (-€37,647)
- Deferred charges and accrued income -€23,193
down €23,193 (-81.5%), from €28,441 to €5,248
- Receivables within one year +€18,696
up €18,696 (+26.8%), from €69,889 to €88,586
of which Trade receivables: +€15,278
- Debts after one year +€383,611
new in 2025: €383,611
- Current portion of long-term debt +€36,389
new in 2025: €36,389
- Other debts +€9,563
up €9,563 (+32.5%), from €29,412 to €38,975
- Accrued charges and deferred income -€9,416
down €9,416 (-98.0%), from €9,609 to €192
- Trade debts +€8,293
up €8,293 (+743%), from €1,117 to €9,410
- Other operating charges +€76,222
up €76,222 (+5,282%), from €1,443 to €77,665
- Taxes -€17,250
down €17,250 (-51.0%), from €33,831 to €16,580
- Gross operating margin -€12,475
down €12,475 (-8.0%), from €155,245 to €142,770
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €265,979 | €688,120 | +€422,142 | +159% |
| Fixed assets | 21/28 | €5,520 | €551,928 | +€546,408 | +9,898% |
| Tangible fixed assets | 22/27 | €5,520 | €551,928 | +€546,408 | +9,898% |
| Land and buildings | 22 | - | €529,228 | +€529,228 | |
| Plant, machinery and equipment | 23 | €1,980 | €951 | -€1,029 | -52.0% |
| Furniture and vehicles | 24 | €536 | €20,007 | +€19,472 | +3,635% |
| Other tangible fixed assets | 26 | €3,004 | €1,742 | -€1,262 | -42.0% |
| Current assets | 29/58 | €260,458 | €136,192 | -€124,266 | -47.7% |
| Amounts receivable within one year | 40/41 | €69,889 | €88,586 | +€18,696 | +26.8% |
| Trade receivables | 40 | €69,888 | €85,166 | +€15,278 | +21.9% |
| Other amounts receivable | 41 | €1 | €3,420 | +€3,418 | +271,307% |
| Cash at bank and in hand | 54/58 | €162,128 | €42,359 | -€119,770 | -73.9% |
| Deferred charges and accrued income | 490/1 | €28,441 | €5,248 | -€23,193 | -81.5% |
| Total equity and liabilities | 10/49 | €265,979 | €688,120 | +€422,142 | +159% |
| Equity | 10/15 | €205,450 | €206,734 | +€1,283 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €186,850 | €188,134 | +€1,283 | +0.7% |
| Distributable reserves | 133 | €186,850 | €188,134 | +€1,283 | +0.7% |
| Amounts payable | 17/49 | €60,528 | €481,387 | +€420,859 | +695% |
| Amounts payable after more than one year | 17 | - | €383,611 | +€383,611 | |
| Financial debts | 170/4 | - | €383,611 | +€383,611 | |
| Amounts payable within one year | 42/48 | €50,920 | €97,583 | +€46,663 | +91.6% |
| Current portion of amounts payable after more than one year | 42 | - | €36,389 | +€36,389 | |
| Trade debts | 44 | €1,117 | €9,410 | +€8,293 | +743% |
| Suppliers | 440/4 | €1,117 | €9,410 | +€8,293 | +743% |
| Taxes, remuneration and social security | 45 | €20,391 | €12,810 | -€7,581 | -37.2% |
| Taxes | 450/3 | €20,391 | €12,810 | -€7,581 | -37.2% |
| Other amounts payable | 47/48 | €29,412 | €38,975 | +€9,563 | +32.5% |
| Accrued charges and deferred income | 492/3 | €9,609 | €192 | -€9,416 | -98.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,940 | €3,592 | +€651 | +22.2% |
| Other operating charges | 640/8 | €1,443 | €77,665 | +€76,222 | +5,282% |
| Gross operating margin | 9900 | €155,245 | €142,770 | -€12,475 | -8.0% |
| Operating profit (loss) | 9901 | €150,861 | €61,513 | -€89,348 | -59.2% |
| Financial charges | 65/66B | €5,441 | €6,002 | +€561 | +10.3% |
| Recurring financial charges | 65 | €5,441 | €6,002 | +€561 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €145,420 | €55,511 | -€89,910 | -61.8% |
| Income taxes | 67/77 | €33,831 | €16,580 | -€17,250 | -51.0% |
| Profit (loss) for the period | 9904 | €111,590 | €38,930 | -€72,659 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €111,590 | €38,930 | -€72,659 | -65.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.