ESTIA FIRES: 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 FIRES
Largest movements
- Tangible fixed assets -€12,047
down €12,047 (-8.6%), from €139,646 to €127,599
of which Other tangible fixed assets: -€43,485
- Receivables within one year +€9,190
up €9,190 (+8.9%), from €103,511 to €112,701
of which Trade receivables: +€14,659
- Cash +€8,732
up €8,732 (+4.3%), from €204,941 to €213,673
mainly Depreciation (+€71,418) and Provisions (+€58,357)
- Provisions +€58,357
up €58,357 (+85.7%), from €68,119 to €126,476
- Accrued charges and deferred income -€45,843
no longer reported in 2025 (was €45,843)
- Trade debts -€19,674
down €19,674 (-14.3%), from €137,501 to €117,828
- Debts after one year +€18,608
up €18,608 (+32.9%), from €56,525 to €75,134
- Tax, wage and social debts -€7,359
down €7,359 (-59.6%), from €12,356 to €4,997
of which Taxes: -€8,494
- Gross operating margin -€128,973
down €128,973 (-26.0%), from €495,771 to €366,799
- Staff costs -€85,003
down €85,003 (-28.6%), from €296,723 to €211,720
- Provisions -€9,762
down €9,762 (-14.3%), from €68,119 to €58,357
- Taxes -€8,256
down €8,256 (-71.4%), from €11,566 to €3,311
- Depreciation +€6,772
up €6,772 (+10.5%), from €64,646 to €71,418
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 | €457,658 | €463,998 | +€6,339 | +1.4% |
| Fixed assets | 21/28 | €144,617 | €129,478 | -€15,139 | -10.5% |
| Intangible fixed assets | 21 | €4,791 | €1,698 | -€3,093 | -64.6% |
| Tangible fixed assets | 22/27 | €139,646 | €127,599 | -€12,047 | -8.6% |
| Plant, machinery and equipment | 23 | €13,589 | €13,058 | -€531 | -3.9% |
| Furniture and vehicles | 24 | €19,048 | €63,766 | +€44,718 | +235% |
| Leasing and similar rights | 25 | €42,847 | €30,098 | -€12,750 | -29.8% |
| Other tangible fixed assets | 26 | €64,163 | €20,678 | -€43,485 | -67.8% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €313,042 | €334,520 | +€21,479 | +6.9% |
| Amounts receivable within one year | 40/41 | €103,511 | €112,701 | +€9,190 | +8.9% |
| Trade receivables | 40 | €85,802 | €100,461 | +€14,659 | +17.1% |
| Other amounts receivable | 41 | €17,709 | €12,241 | -€5,468 | -30.9% |
| Cash at bank and in hand | 54/58 | €204,941 | €213,673 | +€8,732 | +4.3% |
| Deferred charges and accrued income | 490/1 | €4,590 | €8,146 | +€3,556 | +77.5% |
| Total equity and liabilities | 10/49 | €457,658 | €463,998 | +€6,339 | +1.4% |
| Equity | 10/15 | €105,080 | €109,268 | +€4,189 | +4.0% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,080 | €94,268 | +€4,189 | +4.7% |
| Provisions and deferred taxes | 16 | €68,119 | €126,476 | +€58,357 | +85.7% |
| Provisions for liabilities and charges | 160/5 | €68,119 | €126,476 | +€58,357 | +85.7% |
| Environmental obligations | 163 | €68,119 | €126,476 | +€58,357 | +85.7% |
| Amounts payable | 17/49 | €284,460 | €228,254 | -€56,206 | -19.8% |
| Amounts payable after more than one year | 17 | €56,525 | €75,134 | +€18,608 | +32.9% |
| Financial debts | 170/4 | €56,525 | €75,134 | +€18,608 | +32.9% |
| Amounts payable within one year | 42/48 | €182,092 | €153,120 | -€28,972 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €32,185 | €30,245 | -€1,940 | -6.0% |
| Trade debts | 44 | €137,501 | €117,828 | -€19,674 | -14.3% |
| Suppliers | 440/4 | €137,501 | €117,828 | -€19,674 | -14.3% |
| Advances received on contracts in progress | 46 | €50 | €50 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €12,356 | €4,997 | -€7,359 | -59.6% |
| Taxes | 450/3 | €12,244 | €3,749 | -€8,494 | -69.4% |
| Remuneration and social security | 454/9 | €112 | €1,247 | +€1,136 | +1,015% |
| Accrued charges and deferred income | 492/3 | €45,843 | - | -€45,843 | |
| Non-recurring operating income | 76A | - | €281 | +€281 | |
| Remuneration, social security and pensions | 62 | €296,723 | €211,720 | -€85,003 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,646 | €71,418 | +€6,772 | +10.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €68,119 | €58,357 | -€9,762 | -14.3% |
| Other operating charges | 640/8 | €6,100 | €4,513 | -€1,587 | -26.0% |
| Non-recurring operating charges | 66A | - | €7,942 | +€7,942 | |
| Gross operating margin | 9900 | €495,771 | €366,799 | -€128,973 | -26.0% |
| Operating profit (loss) | 9901 | €60,183 | €12,848 | -€47,335 | -78.7% |
| Financial income | 75/76B | €578 | €1,914 | +€1,336 | +231% |
| Recurring financial income | 75 | €578 | €1,914 | +€1,336 | +231% |
| Financial charges | 65/66B | €8,164 | €7,263 | -€901 | -11.0% |
| Recurring financial charges | 65 | €8,164 | €7,263 | -€901 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €52,597 | €7,500 | -€45,098 | -85.7% |
| Income taxes | 67/77 | €11,566 | €3,311 | -€8,256 | -71.4% |
| Profit (loss) for the period | 9904 | €41,031 | €4,189 | -€36,842 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €41,031 | €4,189 | -€36,842 | -89.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.