Estearn Inc.: what changed
Estearn Inc.
Largest movements
- Receivables within one year -€4,556
down €4,556 (-11.7%), from €38,894 to €34,338
- Profit (loss) carried forward -€4,426
down €4,426 (-31.9%), from -€13,866 to -€18,292
- Other operating charges -€4,188
down €4,188 (-73.9%), from €5,666 to €1,478
- Gross operating margin +€3,188
up €3,188 (+39.8%), from -€8,011 to -€4,822
- Taxes -€945
down €945 (-90.4%), from €1,045 to €100
- Financial income +€346
up €346 (+20.4%), from €1,694 to €2,040
- Financial charges -€289
down €289 (-81.6%), from €354 to €65
Change in the result, 2023 to 2024
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 2023 and 2024 balance sheets and the 2024 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 | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,867 | €35,592 | -€4,276 | -10.7% |
| Fixed assets | 21/28 | €110 | €110 | = | 0.0% |
| Financial fixed assets | 28 | €110 | €110 | = | 0.0% |
| Current assets | 29/58 | €39,757 | €35,482 | -€4,276 | -10.8% |
| Amounts receivable within one year | 40/41 | €38,894 | €34,338 | -€4,556 | -11.7% |
| Other amounts receivable | 41 | €38,894 | €34,338 | -€4,556 | -11.7% |
| Cash at bank and in hand | 54/58 | €863 | €1,143 | +€280 | +32.4% |
| Total equity and liabilities | 10/49 | €39,867 | €35,592 | -€4,276 | -10.7% |
| Equity | 10/15 | €39,867 | €35,442 | -€4,426 | -11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,133 | €35,133 | = | 0.0% |
| Distributable reserves | 133 | €35,133 | €35,133 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,866 | -€18,292 | -€4,426 | -31.9% |
| Amounts payable | 17/49 | - | €150 | +€150 | |
| Amounts payable within one year | 42/48 | - | €150 | +€150 | |
| Trade debts | 44 | - | €150 | +€150 | |
| Suppliers | 440/4 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €5,666 | €1,478 | -€4,188 | -73.9% |
| Non-recurring operating charges | 66A | €484 | - | -€484 | |
| Gross operating margin | 9900 | -€8,011 | -€4,822 | +€3,188 | +39.8% |
| Operating profit (loss) | 9901 | -€14,161 | -€6,300 | +€7,861 | +55.5% |
| Financial income | 75/76B | €1,694 | €2,040 | +€346 | +20.4% |
| Recurring financial income | 75 | €1,694 | €2,040 | +€346 | +20.4% |
| Financial charges | 65/66B | €354 | €65 | -€289 | -81.6% |
| Recurring financial charges | 65 | €354 | €65 | -€289 | -81.6% |
| Profit (loss) for the period before taxes | 9903 | -€12,821 | -€4,325 | +€8,495 | +66.3% |
| Income taxes | 67/77 | €1,045 | €100 | -€945 | -90.4% |
| Profit (loss) for the period | 9904 | -€13,866 | -€4,426 | +€9,440 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,866 | -€4,426 | +€9,440 | +68.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.