ESTEE COIFFURE: 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.
ESTEE COIFFURE
Largest movements
- Cash -€110,422
down €110,422 (-56.2%), from €196,614 to €86,191
mainly Contributions, distributions and other (-€239,424) and Investment in fixed assets (net) (-€52,675)
- Tangible fixed assets +€26,731
up €26,731 (+23.4%), from €114,445 to €141,175
of which Leasing and similar rights: +€100,409
- Stocks and contracts -€5,460
down €5,460 (-32.4%), from €16,848 to €11,388
- Profit (loss) carried forward -€120,990
down €120,990 (-51.7%), from €234,172 to €113,182
- Debts after one year +€79,239
new in 2025: €79,239
- Reserves -€61,892
down €61,892 (-97.1%), from €63,752 to €1,860
- Current portion of long-term debt +€21,481
new in 2025: €21,481
- Other debts +€3,503
up €3,503 (+38.0%), from €9,222 to €12,725
- Gross operating margin +€44,837
up €44,837 (+30.9%), from €145,128 to €189,965
- Staff costs -€29,306
down €29,306 (-52.7%), from €55,632 to €26,327
- Depreciation -€5,796
down €5,796 (-18.3%), from €31,741 to €25,945
- Taxes +€4,964
up €4,964 (+43.3%), from €11,456 to €16,420
- Other operating charges +€2,186
up €2,186 (+288%), from €760 to €2,946
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 | €335,108 | €252,523 | -€82,585 | -24.6% |
| Fixed assets | 21/28 | €114,445 | €141,175 | +€26,731 | +23.4% |
| Tangible fixed assets | 22/27 | €114,445 | €141,175 | +€26,731 | +23.4% |
| Land and buildings | 22 | €50,725 | €38,023 | -€12,702 | -25.0% |
| Plant, machinery and equipment | 23 | €3,420 | €2,744 | -€676 | -19.8% |
| Furniture and vehicles | 24 | €60,300 | - | -€60,300 | |
| Leasing and similar rights | 25 | - | €100,409 | +€100,409 | |
| Current assets | 29/58 | €220,663 | €111,347 | -€109,316 | -49.5% |
| Stocks and contracts in progress | 3 | €16,848 | €11,388 | -€5,460 | -32.4% |
| Stocks | 30/36 | €16,848 | €11,388 | -€5,460 | -32.4% |
| Amounts receivable within one year | 40/41 | €7,201 | €10,552 | +€3,351 | +46.5% |
| Trade receivables | 40 | €616 | €1,014 | +€398 | +64.7% |
| Other amounts receivable | 41 | €6,586 | €9,539 | +€2,953 | +44.8% |
| Cash at bank and in hand | 54/58 | €196,614 | €86,191 | -€110,422 | -56.2% |
| Deferred charges and accrued income | 490/1 | - | €3,216 | +€3,216 | |
| Total equity and liabilities | 10/49 | €335,108 | €252,523 | -€82,585 | -24.6% |
| Equity | 10/15 | €316,524 | €133,642 | -€182,882 | -57.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €63,752 | €1,860 | -€61,892 | -97.1% |
| Distributable reserves | 133 | €63,752 | €1,860 | -€61,892 | -97.1% |
| Profit (loss) carried forward | 14 | €234,172 | €113,182 | -€120,990 | -51.7% |
| Amounts payable | 17/49 | €18,583 | €118,880 | +€100,297 | +540% |
| Amounts payable after more than one year | 17 | - | €79,239 | +€79,239 | |
| Financial debts | 170/4 | - | €79,239 | +€79,239 | |
| Amounts payable within one year | 42/48 | €18,583 | €39,641 | +€21,058 | +113% |
| Current portion of amounts payable after more than one year | 42 | - | €21,481 | +€21,481 | |
| Trade debts | 44 | €4,429 | €2,281 | -€2,148 | -48.5% |
| Suppliers | 440/4 | €4,429 | €2,281 | -€2,148 | -48.5% |
| Taxes, remuneration and social security | 45 | €4,932 | €3,154 | -€1,778 | -36.0% |
| Taxes | 450/3 | €4,932 | €2,932 | -€2,000 | -40.5% |
| Remuneration and social security | 454/9 | - | €222 | +€222 | |
| Other amounts payable | 47/48 | €9,222 | €12,725 | +€3,503 | +38.0% |
| Non-recurring operating income | 76A | - | €48,218 | +€48,218 | |
| Remuneration, social security and pensions | 62 | €55,632 | €26,327 | -€29,306 | -52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,741 | €25,945 | -€5,796 | -18.3% |
| Other operating charges | 640/8 | €760 | €2,946 | +€2,186 | +288% |
| Non-recurring operating charges | 66A | - | €60,300 | +€60,300 | |
| Gross operating margin | 9900 | €145,128 | €189,965 | +€44,837 | +30.9% |
| Operating profit (loss) | 9901 | €56,995 | €74,448 | +€17,453 | +30.6% |
| Financial income | 75/76B | €269 | €467 | +€198 | +73.7% |
| Recurring financial income | 75 | €269 | €467 | +€198 | +73.7% |
| Financial charges | 65/66B | €134 | €1,953 | +€1,820 | +1,363% |
| Recurring financial charges | 65 | €134 | €1,953 | +€1,820 | +1,363% |
| Profit (loss) for the period before taxes | 9903 | €57,131 | €72,962 | +€15,831 | +27.7% |
| Income taxes | 67/77 | €11,456 | €16,420 | +€4,964 | +43.3% |
| Profit (loss) for the period | 9904 | €45,675 | €56,542 | +€10,868 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €45,675 | €56,542 | +€10,868 | +23.8% |
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 21 October 2026 via checked.be.