ESTIA IMMO: 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 IMMO
Largest movements
- Receivables within one year -€554,433
down €554,433 (-68.0%), from €815,534 to €261,101
of which Trade receivables: -€556,902
- Cash +€95,787
up €95,787 (+7,296%), from €1,313 to €97,100
mainly Receivables within one year (+€554,433) and Net result for the year (+€287,522)
- Trade debts -€738,960
down €738,960 (-93.7%), from €788,367 to €49,407
- Profit (loss) carried forward +€287,523
up €287,523 (+1,057%), from €27,195 to €314,717
- Tax, wage and social debts -€9,247
no longer reported in 2025 (was €9,247)
- Gross operating margin +€353,999
up €353,999 (+1,023%), from €34,603 to €388,602
- Taxes +€50,241
up €50,241 (+692%), from €7,264 to €57,504
- Other operating charges +€36,759
up €36,759 (+818%), from €4,493 to €41,252
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 | €829,808 | €369,124 | -€460,684 | -55.5% |
| Fixed assets | 21/28 | €12,962 | €10,924 | -€2,038 | -15.7% |
| Tangible fixed assets | 22/27 | €12,962 | €10,924 | -€2,038 | -15.7% |
| Furniture and vehicles | 24 | €12,962 | €10,924 | -€2,038 | -15.7% |
| Current assets | 29/58 | €816,847 | €358,200 | -€458,646 | -56.1% |
| Amounts receivable within one year | 40/41 | €815,534 | €261,101 | -€554,433 | -68.0% |
| Trade receivables | 40 | €742,460 | €185,558 | -€556,902 | -75.0% |
| Other amounts receivable | 41 | €73,074 | €75,543 | +€2,469 | +3.4% |
| Cash at bank and in hand | 54/58 | €1,313 | €97,100 | +€95,787 | +7,296% |
| Total equity and liabilities | 10/49 | €829,808 | €369,124 | -€460,684 | -55.5% |
| Equity | 10/15 | €32,195 | €319,717 | +€287,523 | +893% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €18,720 | - | -€18,720 | |
| Uncalled capital | 101 | €13,720 | - | -€13,720 | |
| Profit (loss) carried forward | 14 | €27,195 | €314,717 | +€287,523 | +1,057% |
| Amounts payable | 17/49 | €797,614 | €49,407 | -€748,207 | -93.8% |
| Amounts payable within one year | 42/48 | €797,614 | €49,407 | -€748,207 | -93.8% |
| Trade debts | 44 | €788,367 | €49,407 | -€738,960 | -93.7% |
| Suppliers | 440/4 | €788,367 | €49,407 | -€738,960 | -93.7% |
| Taxes, remuneration and social security | 45 | €9,247 | - | -€9,247 | |
| Taxes | 450/3 | €9,247 | - | -€9,247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,038 | €2,038 | -€0 | 0.0% |
| Other operating charges | 640/8 | €4,493 | €41,252 | +€36,759 | +818% |
| Gross operating margin | 9900 | €34,603 | €388,602 | +€353,999 | +1,023% |
| Operating profit (loss) | 9901 | €28,072 | €345,312 | +€317,241 | +1,130% |
| Financial income | 75/76B | €1,734 | - | -€1,734 | |
| Recurring financial income | 75 | €1,734 | - | -€1,734 | |
| Financial charges | 65/66B | €2,846 | €286 | -€2,560 | -90.0% |
| Recurring financial charges | 65 | €2,846 | €286 | -€2,560 | -90.0% |
| Profit (loss) for the period before taxes | 9903 | €26,960 | €345,027 | +€318,067 | +1,180% |
| Income taxes | 67/77 | €7,264 | €57,504 | +€50,241 | +692% |
| Profit (loss) for the period | 9904 | €19,696 | €287,522 | +€267,827 | +1,360% |
| Profit (loss) for the period to be appropriated | 9905 | €19,696 | €287,522 | +€267,827 | +1,360% |
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 18 October 2026 via checked.be.