ESTIA CONSULTANCY: 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 CONSULTANCY
Largest movements
- Tangible fixed assets +€61,716
up €61,716 (+1,775%), from €3,477 to €65,193
of which Leasing and similar rights: +€57,503
- Receivables within one year +€13,130
up €13,130, from €0 to €13,130
of which Trade receivables: +€13,020
- Cash -€10,411
down €10,411 (-14.6%), from €71,535 to €61,124
mainly Investment in fixed assets (net) (-€72,102) and Receivables within one year (-€13,130)
- Debts after one year +€43,154
new in 2025: €43,154
- Current portion of long-term debt +€11,347
new in 2025: €11,347
- Reserves +€7,807
up €7,807 (+14.7%), from €53,182 to €60,988
- Gross operating margin -€10,463
down €10,463 (-28.4%), from €36,816 to €26,353
- Depreciation +€8,666
up €8,666 (+504%), from €1,720 to €10,386
- Taxes -€6,343
down €6,343 (-56.5%), from €11,234 to €4,890
- Other operating charges +€1,251
up €1,251 (+1,061%), from €118 to €1,369
- Financial charges +€672
up €672 (+52.1%), from €1,291 to €1,963
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 | €77,072 | €140,241 | +€63,169 | +82.0% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €3,477 | €65,193 | +€61,716 | +1,775% |
| Tangible fixed assets | 22/27 | €3,477 | €65,193 | +€61,716 | +1,775% |
| Plant, machinery and equipment | 23 | - | €5,726 | +€5,726 | |
| Furniture and vehicles | 24 | €3,477 | €1,964 | -€1,513 | -43.5% |
| Leasing and similar rights | 25 | - | €57,503 | +€57,503 | |
| Current assets | 29/58 | €73,595 | €75,048 | +€1,453 | +2.0% |
| Amounts receivable within one year | 40/41 | €0 | €13,130 | +€13,130 | |
| Trade receivables | 40 | €0 | €13,020 | +€13,020 | |
| Other amounts receivable | 41 | - | €110 | +€110 | |
| Cash at bank and in hand | 54/58 | €71,535 | €61,124 | -€10,411 | -14.6% |
| Deferred charges and accrued income | 490/1 | €2,060 | €795 | -€1,266 | -61.4% |
| Total equity and liabilities | 10/49 | €77,072 | €140,241 | +€63,169 | +82.0% |
| Equity | 10/15 | €54,182 | €61,988 | +€7,807 | +14.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €53,182 | €60,988 | +€7,807 | +14.7% |
| Distributable reserves | 133 | €53,182 | €60,988 | +€7,807 | +14.7% |
| Amounts payable | 17/49 | €22,891 | €78,253 | +€55,362 | +242% |
| Amounts payable after more than one year | 17 | - | €43,154 | +€43,154 | |
| Financial debts | 170/4 | - | €43,154 | +€43,154 | |
| Amounts payable within one year | 42/48 | €22,891 | €35,099 | +€12,208 | +53.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,347 | +€11,347 | |
| Trade debts | 44 | €3,494 | €2,353 | -€1,141 | -32.7% |
| Suppliers | 440/4 | €3,494 | €2,353 | -€1,141 | -32.7% |
| Taxes, remuneration and social security | 45 | €18,258 | €19,543 | +€1,286 | +7.0% |
| Taxes | 450/3 | €18,258 | €19,543 | +€1,286 | +7.0% |
| Other amounts payable | 47/48 | €1,139 | €1,856 | +€717 | +63.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,720 | €10,386 | +€8,666 | +504% |
| Other operating charges | 640/8 | €118 | €1,369 | +€1,251 | +1,061% |
| Gross operating margin | 9900 | €36,816 | €26,353 | -€10,463 | -28.4% |
| Operating profit (loss) | 9901 | €34,978 | €14,598 | -€20,380 | -58.3% |
| Financial income | 75/76B | €0 | €63 | +€63 | |
| Recurring financial income | 75 | €0 | €63 | +€63 | |
| Financial charges | 65/66B | €1,291 | €1,963 | +€672 | +52.1% |
| Recurring financial charges | 65 | €1,291 | €1,963 | +€672 | +52.1% |
| Profit (loss) for the period before taxes | 9903 | €33,687 | €12,697 | -€20,990 | -62.3% |
| Income taxes | 67/77 | €11,234 | €4,890 | -€6,343 | -56.5% |
| Profit (loss) for the period | 9904 | €22,453 | €7,807 | -€14,646 | -65.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,453 | €7,807 | -€14,646 | -65.2% |
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 16 October 2026 via checked.be.