ESTIA CONCEPT: 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.
ESTIA CONCEPT
Largest movements
- Tangible fixed assets +€138,171
up €138,171 (+8,072%), from €1,712 to €139,882
of which Assets under construction and advance payments: +€138,160
- Receivables within one year +€30,470
up €30,470 (+25.3%), from €120,403 to €150,873
of which Other amounts receivable: +€26,737
- Financial fixed assets +€7,858
new in 2025: €7,858
- Deferred charges and accrued income +€4,202
new in 2025: €4,202
- Debts after one year +€179,567
new in 2025: €179,567
- Current portion of long-term debt +€7,580
new in 2025: €7,580
- Tax, wage and social debts -€5,692
down €5,692 (-16.0%), from €35,664 to €29,971
of which Taxes: -€7,962
- Other debts -€5,000
no longer reported in 2025 (was €5,000)
- Trade debts +€4,205
up €4,205 (+411%), from €1,022 to €5,227
- Gross operating margin -€39,875
down €39,875 (-35.2%), from €113,209 to €73,334
- Staff costs +€20,575
up €20,575 (+65.0%), from €31,664 to €52,239
- Other operating charges +€16,937
up €16,937 (+680%), from €2,490 to €19,427
- Taxes -€15,402
down €15,402 (-96.9%), from €15,900 to €498
- Financial charges +€1,606
up €1,606 (+418%), from €384 to €1,990
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 | €136,149 | €315,241 | +€179,092 | +132% |
| Fixed assets | 21/28 | €1,712 | €147,740 | +€146,028 | +8,531% |
| Tangible fixed assets | 22/27 | €1,712 | €139,882 | +€138,171 | +8,072% |
| Furniture and vehicles | 24 | €1,712 | €1,722 | +€10 | +0.6% |
| Assets under construction and advance payments | 27 | - | €138,160 | +€138,160 | |
| Financial fixed assets | 28 | - | €7,858 | +€7,858 | |
| Current assets | 29/58 | €134,437 | €167,501 | +€33,064 | +24.6% |
| Amounts receivable within one year | 40/41 | €120,403 | €150,873 | +€30,470 | +25.3% |
| Trade receivables | 40 | €27,627 | €31,359 | +€3,733 | +13.5% |
| Other amounts receivable | 41 | €92,777 | €119,514 | +€26,737 | +28.8% |
| Cash at bank and in hand | 54/58 | €14,034 | €12,426 | -€1,608 | -11.5% |
| Deferred charges and accrued income | 490/1 | - | €4,202 | +€4,202 | |
| Total equity and liabilities | 10/49 | €136,149 | €315,241 | +€179,092 | +132% |
| Equity | 10/15 | €94,463 | €92,896 | -€1,567 | -1.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,463 | €87,896 | -€1,567 | -1.8% |
| Amounts payable | 17/49 | €41,686 | €222,345 | +€180,659 | +433% |
| Amounts payable after more than one year | 17 | - | €179,567 | +€179,567 | |
| Financial debts | 170/4 | - | €179,567 | +€179,567 | |
| Amounts payable within one year | 42/48 | €41,686 | €42,778 | +€1,092 | +2.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,580 | +€7,580 | |
| Trade debts | 44 | €1,022 | €5,227 | +€4,205 | +411% |
| Suppliers | 440/4 | €1,022 | €5,227 | +€4,205 | +411% |
| Taxes, remuneration and social security | 45 | €35,664 | €29,971 | -€5,692 | -16.0% |
| Taxes | 450/3 | €30,135 | €22,172 | -€7,962 | -26.4% |
| Remuneration and social security | 454/9 | €5,529 | €7,799 | +€2,270 | +41.1% |
| Other amounts payable | 47/48 | €5,000 | - | -€5,000 | |
| Remuneration, social security and pensions | 62 | €31,664 | €52,239 | +€20,575 | +65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €857 | +€835 | +3,774% |
| Other operating charges | 640/8 | €2,490 | €19,427 | +€16,937 | +680% |
| Gross operating margin | 9900 | €113,209 | €73,334 | -€39,875 | -35.2% |
| Operating profit (loss) | 9901 | €79,032 | €811 | -€78,222 | -99.0% |
| Financial income | 75/76B | €478 | €110 | -€367 | -76.9% |
| Recurring financial income | 75 | €478 | €110 | -€367 | -76.9% |
| Financial charges | 65/66B | €384 | €1,990 | +€1,606 | +418% |
| Recurring financial charges | 65 | €384 | €1,990 | +€1,606 | +418% |
| Profit (loss) for the period before taxes | 9903 | €79,126 | -€1,069 | -€80,195 | |
| Income taxes | 67/77 | €15,900 | €498 | -€15,402 | -96.9% |
| Profit (loss) for the period | 9904 | €63,226 | -€1,567 | -€64,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,226 | -€1,567 | -€64,793 |
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 20 October 2026 via checked.be.