ESTIDEL: what changed
Two fiscal 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.
ESTIDEL
Largest movements
- Receivables within one year +€1,051
up €1,051 (+2.3%), from €45,164 to €46,215
of which Other amounts receivable: +€2,201
- Reserves +€561
up €561 (+1.7%), from €32,489 to €33,049
of which Distributable reserves: +€561
- Gross operating margin -€1,152
down €1,152 (-1805.5%), from -€64 to -€1,216
- Financial income -€131
down €131 (-5.5%), from €2,398 to €2,267
- Taxes +€66
up €66 (+47.9%), from €138 to €204
- Financial charges -€13
down €13 (-4.4%), from €300 to €286
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.
Cash bridge derived
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 | €52,387 | €53,152 | +€765 | +1.5% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €51,887 | €52,652 | +€765 | +1.5% |
| Amounts receivable within one year | 40/41 | €45,164 | €46,215 | +€1,051 | +2.3% |
| Trade receivables | 40 | €4,438 | €3,288 | -€1,150 | -25.9% |
| Other amounts receivable | 41 | €40,726 | €42,927 | +€2,201 | +5.4% |
| Cash at bank and in hand | 54/58 | €6,724 | €6,437 | -€286 | -4.3% |
| Total equity and liabilities | 10/49 | €52,387 | €53,152 | +€765 | +1.5% |
| Equity | 10/15 | €51,089 | €51,649 | +€561 | +1.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,489 | €33,049 | +€561 | +1.7% |
| Non-distributable reserves | 130/1 | €982 | €982 | = | 0.0% |
| Reserves not available under the articles | 1311 | €982 | €982 | = | 0.0% |
| Distributable reserves | 133 | €31,506 | €32,067 | +€561 | +1.8% |
| Amounts payable | 17/49 | €1,299 | €1,503 | +€204 | +15.7% |
| Amounts payable within one year | 42/48 | €138 | €342 | +€204 | +147.9% |
| Taxes, remuneration and social security | 45 | €138 | €342 | +€204 | +147.9% |
| Taxes | 450/3 | €138 | €342 | +€204 | +147.9% |
| Accrued charges and deferred income | 492/3 | €1,161 | €1,161 | = | 0.0% |
| Gross operating margin | 9900 | -€64 | -€1,216 | -€1,152 | -1805.5% |
| Operating profit (loss) | 9901 | -€64 | -€1,216 | -€1,152 | -1805.5% |
| Financial income | 75/76B | €2,398 | €2,267 | -€131 | -5.5% |
| Recurring financial income | 75 | €2,398 | €2,267 | -€131 | -5.5% |
| Financial charges | 65/66B | €300 | €286 | -€13 | -4.4% |
| Recurring financial charges | 65 | €300 | €286 | -€13 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | €2,034 | €765 | -€1,270 | -62.4% |
| Income taxes | 67/77 | €138 | €204 | +€66 | +47.9% |
| Profit (loss) for the period | 9904 | €1,896 | €561 | -€1,336 | -70.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,896 | €561 | -€1,336 | -70.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.