Esteid: 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.
Esteid
Largest movements
- Receivables within one year -€119,536
down €119,536 (-66.1%), from €180,707 to €61,171
of which Trade receivables: -€122,975
- Cash +€91,685
up €91,685 (+94.9%), from €96,591 to €188,276
mainly Receivables within one year (+€119,536) and Net result for the year (+€22,678)
- Deferred charges and accrued income +€3,843
up €3,843 (+415.3%), from €925 to €4,768
- Tax, wage and social debts -€18,940
down €18,940 (-93.5%), from €20,257 to €1,317
- Reserves -€8,635
down €8,635 (-3.4%), from €252,525 to €243,890
- Gross operating margin -€49,645
down €49,645 (-58.2%), from €85,302 to €35,656
- Taxes -€15,506
down €15,506 (-58.6%), from €26,451 to €10,945
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.
Cash bridge derived
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 | €285,604 | €260,176 | -€25,427 | -8.9% |
| Fixed assets | 21/28 | €7,380 | €5,962 | -€1,419 | -19.2% |
| Tangible fixed assets | 22/27 | €6,780 | €5,362 | -€1,419 | -20.9% |
| Plant, machinery and equipment | 23 | €239 | €138 | -€100 | -42.0% |
| Furniture and vehicles | 24 | €6,252 | €5,109 | -€1,144 | -18.3% |
| Other tangible fixed assets | 26 | €289 | €115 | -€175 | -60.4% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €278,223 | €254,214 | -€24,009 | -8.6% |
| Amounts receivable within one year | 40/41 | €180,707 | €61,171 | -€119,536 | -66.1% |
| Trade receivables | 40 | €166,975 | €44,000 | -€122,975 | -73.6% |
| Other amounts receivable | 41 | €13,732 | €17,171 | +€3,439 | +25.0% |
| Cash at bank and in hand | 54/58 | €96,591 | €188,276 | +€91,685 | +94.9% |
| Deferred charges and accrued income | 490/1 | €925 | €4,768 | +€3,843 | +415.3% |
| Total equity and liabilities | 10/49 | €285,604 | €260,176 | -€25,427 | -8.9% |
| Equity | 10/15 | €264,925 | €256,290 | -€8,635 | -3.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €252,525 | €243,890 | -€8,635 | -3.4% |
| Distributable reserves | 133 | €252,525 | €243,890 | -€8,635 | -3.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €20,678 | €3,886 | -€16,792 | -81.2% |
| Amounts payable within one year | 42/48 | €20,678 | €3,886 | -€16,792 | -81.2% |
| Trade debts | 44 | €421 | €2,569 | +€2,148 | +510.1% |
| Suppliers | 440/4 | €421 | €2,569 | +€2,148 | +510.1% |
| Taxes, remuneration and social security | 45 | €20,257 | €1,317 | -€18,940 | -93.5% |
| Taxes | 450/3 | €20,257 | €1,317 | -€18,940 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €2,219 | +€783 | +54.6% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €1,901 | €0 | -€1,901 | -100.0% |
| Gross operating margin | 9900 | €85,302 | €35,656 | -€49,645 | -58.2% |
| Operating profit (loss) | 9901 | €81,460 | €32,918 | -€48,542 | -59.6% |
| Financial income | 75/76B | €839 | €771 | -€68 | -8.1% |
| Recurring financial income | 75 | €839 | €771 | -€68 | -8.1% |
| Financial charges | 65/66B | €69 | €66 | -€3 | -4.7% |
| Recurring financial charges | 65 | €69 | €66 | -€3 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €82,230 | €33,623 | -€48,607 | -59.1% |
| Income taxes | 67/77 | €26,451 | €10,945 | -€15,506 | -58.6% |
| Profit (loss) for the period | 9904 | €55,779 | €22,678 | -€33,101 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,779 | €22,678 | -€33,101 | -59.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.