Ester Vets: 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.
Ester Vets
Largest movements
- Cash -€30,257
down €30,257 (-71.0%), from €42,605 to €12,348
mainly Contributions, distributions and other (-€56,681) and Investment in fixed assets (net) (-€11,794)
- Tangible fixed assets +€8,286
up €8,286 (+587.0%), from €1,412 to €9,697
of which Furniture and vehicles: +€5,615
- Receivables within one year +€1,763
up €1,763 (+92.8%), from €1,899 to €3,662
of which Other amounts receivable: +€2,096
- Deferred charges and accrued income -€929
down €929 (-85.5%), from €1,086 to €157
- Reserves -€34,445
no longer reported in 2025 (was €34,445)
- Other debts +€12,802
up €12,802 (+1059.4%), from €1,208 to €14,010
- Tax, wage and social debts +€3,776
up €3,776 (+75.0%), from €5,036 to €8,812
- Trade debts -€3,295
down €3,295 (-76.4%), from €4,311 to €1,016
- Gross operating margin +€3,639
up €3,639 (+12.0%), from €30,379 to €34,017
- Depreciation +€2,459
up €2,459 (+234.2%), from €1,050 to €3,509
- Taxes +€365
up €365 (+5.0%), from €7,370 to €7,735
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 | €47,001 | €25,864 | -€21,137 | -45.0% |
| Fixed assets | 21/28 | €1,412 | €9,697 | +€8,286 | +587.0% |
| Tangible fixed assets | 22/27 | €1,412 | €9,697 | +€8,286 | +587.0% |
| Furniture and vehicles | 24 | €1,412 | €7,026 | +€5,615 | +397.8% |
| Other tangible fixed assets | 26 | - | €2,671 | +€2,671 | |
| Current assets | 29/58 | €45,589 | €16,167 | -€29,423 | -64.5% |
| Amounts receivable within one year | 40/41 | €1,899 | €3,662 | +€1,763 | +92.8% |
| Trade receivables | 40 | €850 | €517 | -€333 | -39.2% |
| Other amounts receivable | 41 | €1,049 | €3,145 | +€2,096 | +199.7% |
| Cash at bank and in hand | 54/58 | €42,605 | €12,348 | -€30,257 | -71.0% |
| Deferred charges and accrued income | 490/1 | €1,086 | €157 | -€929 | -85.5% |
| Total equity and liabilities | 10/49 | €47,001 | €25,864 | -€21,137 | -45.0% |
| Equity | 10/15 | €36,445 | €2,000 | -€34,445 | -94.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €34,445 | - | -€34,445 | |
| Distributable reserves | 133 | €34,445 | - | -€34,445 | |
| Amounts payable | 17/49 | €10,556 | €23,864 | +€13,308 | +126.1% |
| Amounts payable within one year | 42/48 | €10,556 | €23,839 | +€13,283 | +125.8% |
| Trade debts | 44 | €4,311 | €1,016 | -€3,295 | -76.4% |
| Suppliers | 440/4 | €4,311 | €1,016 | -€3,295 | -76.4% |
| Taxes, remuneration and social security | 45 | €5,036 | €8,812 | +€3,776 | +75.0% |
| Taxes | 450/3 | €5,036 | €8,812 | +€3,776 | +75.0% |
| Other amounts payable | 47/48 | €1,208 | €14,010 | +€12,802 | +1059.4% |
| Accrued charges and deferred income | 492/3 | - | €25 | +€25 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | €3,509 | +€2,459 | +234.2% |
| Other operating charges | 640/8 | €717 | €770 | +€53 | +7.4% |
| Gross operating margin | 9900 | €30,379 | €34,017 | +€3,639 | +12.0% |
| Operating profit (loss) | 9901 | €28,612 | €29,739 | +€1,127 | +3.9% |
| Financial income | 75/76B | €89 | €381 | +€292 | +327.9% |
| Recurring financial income | 75 | €89 | €381 | +€292 | +327.9% |
| Financial charges | 65/66B | €66 | €149 | +€84 | +127.9% |
| Recurring financial charges | 65 | €66 | €149 | +€84 | +127.9% |
| Profit (loss) for the period before taxes | 9903 | €28,636 | €29,970 | +€1,335 | +4.7% |
| Income taxes | 67/77 | €7,370 | €7,735 | +€365 | +5.0% |
| Profit (loss) for the period | 9904 | €21,265 | €22,235 | +€970 | +4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,265 | €22,235 | +€970 | +4.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.