Esthetic Target: 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.
Esthetic Target
Largest movements
- Receivables within one year +€42,492
up €42,492 (+48.1%), from €88,387 to €130,879
of which Other amounts receivable: +€27,495
- Tangible fixed assets -€32,207
down €32,207 (-17.7%), from €182,137 to €149,930
of which Plant, machinery and equipment: -€21,940
- Intangible fixed assets +€9,605
up €9,605 (+24.0%), from €40,000 to €49,605
- Cash +€5,317
up €5,317 (+528%), from €1,006 to €6,324
mainly Depreciation (+€61,487) and Net result for the year (+€47,783)
- Debts after one year -€58,183
down €58,183 (-34.8%), from €167,195 to €109,012
- Profit (loss) carried forward +€47,783
up €47,783, from -€273 to €47,510
- Trade debts +€47,345
up €47,345 (+59.6%), from €79,376 to €126,721
- Accrued charges and deferred income -€37,520
down €37,520 (-99.6%), from €37,676 to €156
- Short-term financial debts +€14,686
up €14,686 (+662%), from €2,217 to €16,903
of which Other loans: +€16,903
- Gross operating margin +€91,803
up €91,803 (+80.5%), from €114,044 to €205,847
- Depreciation +€21,968
up €21,968 (+55.6%), from €39,518 to €61,487
- Taxes +€14,506
up €14,506 (+5,227%), from €278 to €14,784
- Staff costs +€12,731
up €12,731 (+22.6%), from €56,302 to €69,033
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 | €352,503 | €374,577 | +€22,074 | +6.3% |
| Fixed assets | 21/28 | €222,137 | €199,536 | -€22,601 | -10.2% |
| Intangible fixed assets | 21 | €40,000 | €49,605 | +€9,605 | +24.0% |
| Tangible fixed assets | 22/27 | €182,137 | €149,930 | -€32,207 | -17.7% |
| Plant, machinery and equipment | 23 | €134,383 | €112,443 | -€21,940 | -16.3% |
| Furniture and vehicles | 24 | €3,755 | €1,552 | -€2,203 | -58.7% |
| Leasing and similar rights | 25 | €43,999 | €33,115 | -€10,884 | -24.7% |
| Other tangible fixed assets | 26 | - | €2,821 | +€2,821 | |
| Current assets | 29/58 | €130,366 | €175,041 | +€44,675 | +34.3% |
| Stocks and contracts in progress | 3 | €39,806 | €36,495 | -€3,311 | -8.3% |
| Stocks | 30/36 | €39,806 | €36,495 | -€3,311 | -8.3% |
| Amounts receivable within one year | 40/41 | €88,387 | €130,879 | +€42,492 | +48.1% |
| Trade receivables | 40 | €56,783 | €71,780 | +€14,997 | +26.4% |
| Other amounts receivable | 41 | €31,604 | €59,098 | +€27,495 | +87.0% |
| Cash at bank and in hand | 54/58 | €1,006 | €6,324 | +€5,317 | +528% |
| Deferred charges and accrued income | 490/1 | €1,167 | €1,343 | +€177 | +15.1% |
| Total equity and liabilities | 10/49 | €352,503 | €374,577 | +€22,074 | +6.3% |
| Equity | 10/15 | €2,227 | €50,010 | +€47,783 | +2,146% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€273 | €47,510 | +€47,783 | |
| Amounts payable | 17/49 | €350,276 | €324,567 | -€25,710 | -7.3% |
| Amounts payable after more than one year | 17 | €167,195 | €109,012 | -€58,183 | -34.8% |
| Financial debts | 170/4 | €167,195 | €109,012 | -€58,183 | -34.8% |
| Amounts payable within one year | 42/48 | €145,406 | €215,399 | +€69,994 | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €55,649 | €62,908 | +€7,258 | +13.0% |
| Financial debts | 43 | €2,217 | €16,903 | +€14,686 | +662% |
| Credit institutions | 430/8 | €2,217 | - | -€2,217 | |
| Other loans | 439 | - | €16,903 | +€16,903 | |
| Trade debts | 44 | €79,376 | €126,721 | +€47,345 | +59.6% |
| Suppliers | 440/4 | €79,376 | €126,721 | +€47,345 | +59.6% |
| Taxes, remuneration and social security | 45 | €8,163 | €8,868 | +€704 | +8.6% |
| Remuneration and social security | 454/9 | €8,163 | €8,868 | +€704 | +8.6% |
| Accrued charges and deferred income | 492/3 | €37,676 | €156 | -€37,520 | -99.6% |
| Remuneration, social security and pensions | 62 | €56,302 | €69,033 | +€12,731 | +22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,518 | €61,487 | +€21,968 | +55.6% |
| Other operating charges | 640/8 | €2,245 | €3,035 | +€790 | +35.2% |
| Gross operating margin | 9900 | €114,044 | €205,847 | +€91,803 | +80.5% |
| Operating profit (loss) | 9901 | €15,979 | €72,292 | +€56,313 | +352% |
| Financial income | 75/76B | €134 | €379 | +€245 | +183% |
| Recurring financial income | 75 | €134 | €379 | +€245 | +183% |
| Financial charges | 65/66B | €9,083 | €10,105 | +€1,021 | +11.2% |
| Recurring financial charges | 65 | €9,083 | €10,105 | +€1,021 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €7,030 | €62,567 | +€55,537 | +790% |
| Income taxes | 67/77 | €278 | €14,784 | +€14,506 | +5,227% |
| Profit (loss) for the period | 9904 | €6,752 | €47,783 | +€41,031 | +608% |
| Profit (loss) for the period to be appropriated | 9905 | €6,752 | €47,783 | +€41,031 | +608% |
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 13 October 2026 via checked.be.