ESTEEKA: 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.
ESTEEKA
Largest movements
- Cash -€133,694
down €133,694 (-83.8%), from €159,551 to €25,857
mainly Contributions, distributions and other (-€146,379) and Net result for the year (-€13,217)
- Tangible fixed assets -€10,782
down €10,782 (-30.8%), from €34,982 to €24,200
of which Furniture and vehicles: -€10,367
- Receivables within one year -€8,881
down €8,881 (-97.0%), from €9,157 to €276
of which Trade receivables: -€7,286
- Reserves -€146,379
down €146,379 (-76.7%), from €190,761 to €44,383
of which Distributable reserves: -€146,379
- Profit (loss) carried forward -€13,217
new in 2024: -€13,217
- Other debts +€12,709
new in 2024: €12,709
- Tax, wage and social debts -€6,470
down €6,470 (-97.9%), from €6,609 to €140
- Gross operating margin -€19,963
down €19,963, from €17,725 to -€2,238
- Taxes -€2,323
down €2,323 (-94.3%), from €2,463 to €140
- Other operating charges -€793
down €793 (-58.5%), from €1,356 to €563
- Depreciation +€648
up €648 (+6.4%), from €10,134 to €10,782
- Financial income +€266
up €266 (+82.3%), from €323 to €589
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 | €203,690 | €50,333 | -€153,356 | -75.3% |
| Fixed assets | 21/28 | €34,982 | €24,200 | -€10,782 | -30.8% |
| Tangible fixed assets | 22/27 | €34,982 | €24,200 | -€10,782 | -30.8% |
| Plant, machinery and equipment | 23 | €2,065 | €1,650 | -€415 | -20.1% |
| Furniture and vehicles | 24 | €32,916 | €22,550 | -€10,367 | -31.5% |
| Current assets | 29/58 | €168,708 | €26,134 | -€142,574 | -84.5% |
| Amounts receivable within one year | 40/41 | €9,157 | €276 | -€8,881 | -97.0% |
| Trade receivables | 40 | €7,286 | - | -€7,286 | |
| Other amounts receivable | 41 | €1,871 | €276 | -€1,595 | -85.2% |
| Cash at bank and in hand | 54/58 | €159,551 | €25,857 | -€133,694 | -83.8% |
| Total equity and liabilities | 10/49 | €203,690 | €50,333 | -€153,356 | -75.3% |
| Equity | 10/15 | €196,961 | €37,366 | -€159,596 | -81.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €190,761 | €44,383 | -€146,379 | -76.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €188,901 | €42,523 | -€146,379 | -77.5% |
| Profit (loss) carried forward | 14 | - | -€13,217 | -€13,217 | |
| Amounts payable | 17/49 | €6,728 | €12,968 | +€6,239 | +92.7% |
| Amounts payable within one year | 42/48 | €6,728 | €12,968 | +€6,239 | +92.7% |
| Trade debts | 44 | €119 | €119 | = | 0.0% |
| Suppliers | 440/4 | €119 | €119 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,609 | €140 | -€6,470 | -97.9% |
| Taxes | 450/3 | €6,609 | €140 | -€6,470 | -97.9% |
| Other amounts payable | 47/48 | - | €12,709 | +€12,709 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,134 | €10,782 | +€648 | +6.4% |
| Other operating charges | 640/8 | €1,356 | €563 | -€793 | -58.5% |
| Gross operating margin | 9900 | €17,725 | -€2,238 | -€19,963 | |
| Operating profit (loss) | 9901 | €6,236 | -€13,583 | -€19,819 | |
| Financial income | 75/76B | €323 | €589 | +€266 | +82.3% |
| Recurring financial income | 75 | €323 | €589 | +€266 | +82.3% |
| Financial charges | 65/66B | €112 | €84 | -€28 | -25.1% |
| Recurring financial charges | 65 | €112 | €84 | -€28 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €6,447 | -€13,078 | -€19,524 | |
| Income taxes | 67/77 | €2,463 | €140 | -€2,323 | -94.3% |
| Profit (loss) for the period | 9904 | €3,984 | -€13,217 | -€17,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,984 | -€13,217 | -€17,201 |
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 30 September 2026 via checked.be.