Estetika: 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.
Estetika
Largest movements
- Cash -€3,104
down €3,104 (-12.6%), from €24,730 to €21,626
mainly Net result for the year (-€3,301) and Receivables within one year (-€1,191)
- Receivables within one year +€1,191
up €1,191 (+18.8%), from €6,322 to €7,513
of which Other amounts receivable: +€670
- Receivables after one year -€780
down €780 (-5.8%), from €13,373 to €12,593
- Profit (loss) carried forward -€3,301
down €3,301 (-12.1%), from -€27,353 to -€30,654
- Trade debts +€599
up €599 (+16.0%), from €3,744 to €4,343
- Gross operating margin +€1,197
up €1,197 (+31.8%), from -€3,761 to -€2,565
- Depreciation -€359
down €359 (-67.4%), from €532 to €173
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 | €44,743 | €41,888 | -€2,855 | -6.4% |
| Fixed assets | 21/28 | €173 | €0 | -€173 | -100% |
| Tangible fixed assets | 22/27 | €173 | €0 | -€173 | -100% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €173 | €0 | -€173 | -100% |
| Current assets | 29/58 | €44,570 | €41,888 | -€2,681 | -6.0% |
| Amounts receivable after more than one year | 29 | €13,373 | €12,593 | -€780 | -5.8% |
| Other amounts receivable | 291 | €13,373 | €12,593 | -€780 | -5.8% |
| Amounts receivable within one year | 40/41 | €6,322 | €7,513 | +€1,191 | +18.8% |
| Trade receivables | 40 | €3,850 | €4,371 | +€521 | +13.5% |
| Other amounts receivable | 41 | €2,472 | €3,142 | +€670 | +27.1% |
| Cash at bank and in hand | 54/58 | €24,730 | €21,626 | -€3,104 | -12.6% |
| Deferred charges and accrued income | 490/1 | €144 | €156 | +€12 | +8.6% |
| Total equity and liabilities | 10/49 | €44,743 | €41,888 | -€2,855 | -6.4% |
| Equity | 10/15 | €40,847 | €37,546 | -€3,301 | -8.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,353 | -€30,654 | -€3,301 | -12.1% |
| Amounts payable | 17/49 | €3,896 | €4,343 | +€447 | +11.5% |
| Amounts payable within one year | 42/48 | €3,744 | €4,343 | +€599 | +16.0% |
| Trade debts | 44 | €3,744 | €4,343 | +€599 | +16.0% |
| Suppliers | 440/4 | €3,744 | €4,343 | +€599 | +16.0% |
| Accrued charges and deferred income | 492/3 | €152 | €0 | -€152 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €532 | €173 | -€359 | -67.4% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€3,761 | -€2,565 | +€1,197 | +31.8% |
| Operating profit (loss) | 9901 | -€4,807 | -€3,266 | +€1,541 | +32.1% |
| Financial income | 75/76B | €9 | €5 | -€4 | -46.2% |
| Recurring financial income | 75 | €9 | €5 | -€4 | -46.2% |
| Financial charges | 65/66B | €54 | €40 | -€14 | -25.4% |
| Recurring financial charges | 65 | €54 | €40 | -€14 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | -€4,852 | -€3,301 | +€1,551 | +32.0% |
| Profit (loss) for the period | 9904 | -€4,852 | -€3,301 | +€1,551 | +32.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,852 | -€3,301 | +€1,551 | +32.0% |
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 17 October 2026 via checked.be.