Estée: what changed
Two fiscal 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.
Estée
Largest movements
- Receivables within one year -€10,201
down €10,201 (-86.5%), from €11,796 to €1,595
of which Trade receivables: -€10,290
- Tangible fixed assets -€6,804
down €6,804 (-21.8%), from €31,183 to €24,379
- Financial fixed assets +€4,977
up €4,977 (+16.6%), from €30,000 to €34,977
- Cash +€4,543
up €4,543 (+66.0%), from €6,884 to €11,427
mainly Debts after one year (+€14,005) and Receivables within one year (+€10,201)
- Current portion of long-term debt -€21,573
down €21,573 (-74.0%), from €29,140 to €7,567
- Debts after one year +€14,005
new in 2024: €14,005
- Short-term financial debts -€10,641
no longer reported in 2024 (was €10,641)
- Reserves +€8,057
up €8,057 (+45.8%), from €17,596 to €25,654
- Other debts +€4,412
up €4,412 (+60.5%), from €7,290 to €11,701
- Gross operating margin -€6,437
down €6,437 (-24.4%), from €26,361 to €19,925
- Depreciation +€3,969
up €3,969 (+140.0%), from €2,835 to €6,804
- Taxes -€1,372
down €1,372 (-23.3%), from €5,900 to €4,528
- Other operating charges +€390
new in 2024: €390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,863 | €72,378 | -€7,485 | -9.4% |
| Fixed assets | 21/28 | €61,183 | €59,356 | -€1,827 | -3.0% |
| Tangible fixed assets | 22/27 | €31,183 | €24,379 | -€6,804 | -21.8% |
| Furniture and vehicles | 24 | €31,183 | €24,379 | -€6,804 | -21.8% |
| Financial fixed assets | 28 | €30,000 | €34,977 | +€4,977 | +16.6% |
| Current assets | 29/58 | €18,680 | €13,022 | -€5,658 | -30.3% |
| Amounts receivable within one year | 40/41 | €11,796 | €1,595 | -€10,201 | -86.5% |
| Trade receivables | 40 | €10,290 | - | -€10,290 | |
| Other amounts receivable | 41 | €1,506 | €1,595 | +€89 | +5.9% |
| Cash at bank and in hand | 54/58 | €6,884 | €11,427 | +€4,543 | +66.0% |
| Total equity and liabilities | 10/49 | €79,863 | €72,378 | -€7,485 | -9.4% |
| Equity | 10/15 | €20,596 | €28,654 | +€8,057 | +39.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €17,596 | €25,654 | +€8,057 | +45.8% |
| Distributable reserves | 133 | €17,596 | €25,654 | +€8,057 | +45.8% |
| Amounts payable | 17/49 | €59,267 | €43,724 | -€15,543 | -26.2% |
| Amounts payable after more than one year | 17 | - | €14,005 | +€14,005 | |
| Financial debts | 170/4 | - | €14,005 | +€14,005 | |
| Amounts payable within one year | 42/48 | €59,267 | €29,719 | -€29,548 | -49.9% |
| Current portion of amounts payable after more than one year | 42 | €29,140 | €7,567 | -€21,573 | -74.0% |
| Financial debts | 43 | €10,641 | - | -€10,641 | |
| Other loans | 439 | €10,641 | - | -€10,641 | |
| Trade debts | 44 | €839 | €1,500 | +€661 | +78.7% |
| Suppliers | 440/4 | €839 | €1,500 | +€661 | +78.7% |
| Taxes, remuneration and social security | 45 | €11,356 | €8,950 | -€2,406 | -21.2% |
| Taxes | 450/3 | €11,356 | €8,950 | -€2,406 | -21.2% |
| Other amounts payable | 47/48 | €7,290 | €11,701 | +€4,412 | +60.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,835 | €6,804 | +€3,969 | +140.0% |
| Other operating charges | 640/8 | - | €390 | +€390 | |
| Gross operating margin | 9900 | €26,361 | €19,925 | -€6,437 | -24.4% |
| Operating profit (loss) | 9901 | €23,527 | €12,731 | -€10,795 | -45.9% |
| Financial income | 75/76B | - | €26 | +€26 | |
| Recurring financial income | 75 | - | €26 | +€26 | |
| Financial charges | 65/66B | €31 | €172 | +€142 | +461.5% |
| Recurring financial charges | 65 | €31 | €172 | +€142 | +461.5% |
| Profit (loss) for the period before taxes | 9903 | €23,496 | €12,585 | -€10,911 | -46.4% |
| Income taxes | 67/77 | €5,900 | €4,528 | -€1,372 | -23.3% |
| Profit (loss) for the period | 9904 | €17,596 | €8,057 | -€9,539 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,596 | €8,057 | -€9,539 | -54.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.