ESTHETIBEL: 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.
ESTHETIBEL
Largest movements
- Deferred charges and accrued income -€29,785
down €29,785 (-61.4%), from €48,537 to €18,752
- Cash +€17,142
up €17,142 (+600.1%), from €2,857 to €19,999
mainly Deferred charges and accrued income (+€29,785) and Net result for the year (+€29,151)
- Tangible fixed assets -€10,464
down €10,464 (-6.4%), from €163,288 to €152,824
of which Land and buildings: -€8,054
- Receivables within one year +€4,288
new in 2025: €4,288
- Current portion of long-term debt -€32,095
down €32,095 (-95.1%), from €33,762 to €1,667
- Reserves +€29,151
up €29,151 (+44.0%), from €66,294 to €95,446
- Other debts -€14,434
down €14,434 (-19.9%), from €72,636 to €58,202
- Tax, wage and social debts +€6,871
up €6,871 (+148.9%), from €4,615 to €11,486
of which Remuneration and social security: +€7,039
- Trade debts -€5,031
down €5,031 (-36.3%), from €13,841 to €8,810
- Gross operating margin +€20,994
up €20,994 (+48.5%), from €43,289 to €64,283
- Taxes +€8,631
up €8,631 (+148.4%), from €5,816 to €14,446
- Financial charges -€5,743
down €5,743 (-82.9%), from €6,925 to €1,181
- Staff costs +€2,679
up €2,679 (+73.8%), from €3,632 to €6,311
- Other operating charges -€1,252
down €1,252 (-31.4%), from €3,992 to €2,739
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 | €214,682 | €195,863 | -€18,819 | -8.8% |
| Fixed assets | 21/28 | €163,288 | €152,824 | -€10,464 | -6.4% |
| Tangible fixed assets | 22/27 | €163,288 | €152,824 | -€10,464 | -6.4% |
| Land and buildings | 22 | €144,648 | €136,594 | -€8,054 | -5.6% |
| Furniture and vehicles | 24 | €1,181 | €516 | -€664 | -56.3% |
| Other tangible fixed assets | 26 | €17,459 | €15,713 | -€1,746 | -10.0% |
| Current assets | 29/58 | €51,394 | €43,039 | -€8,355 | -16.3% |
| Amounts receivable within one year | 40/41 | - | €4,288 | +€4,288 | |
| Trade receivables | 40 | - | €4,288 | +€4,288 | |
| Cash at bank and in hand | 54/58 | €2,857 | €19,999 | +€17,142 | +600.1% |
| Deferred charges and accrued income | 490/1 | €48,537 | €18,752 | -€29,785 | -61.4% |
| Total equity and liabilities | 10/49 | €214,682 | €195,863 | -€18,819 | -8.8% |
| Equity | 10/15 | €86,538 | €115,689 | +€29,151 | +33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €66,294 | €95,446 | +€29,151 | +44.0% |
| Distributable reserves | 133 | €66,294 | €95,446 | +€29,151 | +44.0% |
| Profit (loss) carried forward | 14 | €1,644 | €1,644 | = | 0.0% |
| Amounts payable | 17/49 | €128,144 | €80,173 | -€47,971 | -37.4% |
| Amounts payable within one year | 42/48 | €127,190 | €80,165 | -€47,025 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €33,762 | €1,667 | -€32,095 | -95.1% |
| Financial debts | 43 | €2,336 | - | -€2,336 | |
| Credit institutions | 430/8 | €2,336 | - | -€2,336 | |
| Trade debts | 44 | €13,841 | €8,810 | -€5,031 | -36.3% |
| Suppliers | 440/4 | €13,841 | €8,810 | -€5,031 | -36.3% |
| Taxes, remuneration and social security | 45 | €4,615 | €11,486 | +€6,871 | +148.9% |
| Taxes | 450/3 | €4,615 | €4,446 | -€169 | -3.7% |
| Remuneration and social security | 454/9 | - | €7,039 | +€7,039 | |
| Other amounts payable | 47/48 | €72,636 | €58,202 | -€14,434 | -19.9% |
| Accrued charges and deferred income | 492/3 | €954 | €8 | -€945 | -99.1% |
| Remuneration, social security and pensions | 62 | €3,632 | €6,311 | +€2,679 | +73.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,605 | €10,464 | -€141 | -1.3% |
| Other operating charges | 640/8 | €3,992 | €2,739 | -€1,252 | -31.4% |
| Gross operating margin | 9900 | €43,289 | €64,283 | +€20,994 | +48.5% |
| Operating profit (loss) | 9901 | €25,060 | €44,769 | +€19,709 | +78.6% |
| Financial income | 75/76B | €0 | €10 | +€10 | +2602.6% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +2602.6% |
| Financial charges | 65/66B | €6,925 | €1,181 | -€5,743 | -82.9% |
| Recurring financial charges | 65 | €6,925 | €1,181 | -€5,743 | -82.9% |
| Profit (loss) for the period before taxes | 9903 | €18,136 | €43,598 | +€25,462 | +140.4% |
| Income taxes | 67/77 | €5,816 | €14,446 | +€8,631 | +148.4% |
| Profit (loss) for the period | 9904 | €12,320 | €29,151 | +€16,831 | +136.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,320 | €29,151 | +€16,831 | +136.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.