ESTIGAS: 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.
ESTIGAS
Largest movements
- Receivables after one year +€190,000
new in 2024: €190,000
- Cash -€67,676
down €67,676 (-36.4%), from €185,847 to €118,171
mainly Receivables after one year (-€190,000) and Advances received (-€36,255)
- Deferred charges and accrued income +€7,003
up €7,003 (+417.0%), from €1,679 to €8,682
- Current portion of long-term debt +€132,935
new in 2024: €132,935
- Other debts +€42,281
up €42,281 (+32.1%), from €131,825 to €174,105
- Advances received -€36,255
down €36,255 (-100.0%), from €36,255 to €0
- Reserves -€13,170
down €13,170 (-3.9%), from €341,702 to €328,532
of which Distributable reserves: -€11,310
- Gross operating margin -€63,193
down €63,193, from €60,407 to -€2,786
- Taxes -€14,032
down €14,032 (-99.2%), from €14,145 to €113
- Financial income +€7,787
up €7,787, from €0 to €7,787
- Depreciation -€3,004
down €3,004 (-35.5%), from €8,473 to €5,469
- Financial charges +€2,848
up €2,848 (+34.0%), from €8,379 to €11,226
From the 31-03-2024 result to the 30-11-2024 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 31-03-2024 and 30-11-2024 balance sheets and the 30-11-2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-03-2024 | 30-11-2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €541,891 | €668,136 | +€126,245 | +23.3% |
| Fixed assets | 21/28 | €335,641 | €332,009 | -€3,632 | -1.1% |
| Tangible fixed assets | 22/27 | €335,641 | €332,009 | -€3,632 | -1.1% |
| Land and buildings | 22 | €335,332 | €330,065 | -€5,267 | -1.6% |
| Furniture and vehicles | 24 | €309 | €1,944 | +€1,635 | +528.6% |
| Current assets | 29/58 | €206,250 | €336,127 | +€129,877 | +63.0% |
| Amounts receivable after more than one year | 29 | - | €190,000 | +€190,000 | |
| Other amounts receivable | 291 | - | €190,000 | +€190,000 | |
| Amounts receivable within one year | 40/41 | €18,724 | €19,274 | +€551 | +2.9% |
| Other amounts receivable | 41 | €18,724 | €19,274 | +€551 | +2.9% |
| Cash at bank and in hand | 54/58 | €185,847 | €118,171 | -€67,676 | -36.4% |
| Deferred charges and accrued income | 490/1 | €1,679 | €8,682 | +€7,003 | +417.0% |
| Total equity and liabilities | 10/49 | €541,891 | €668,136 | +€126,245 | +23.3% |
| Equity | 10/15 | €360,302 | €347,132 | -€13,170 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €341,702 | €328,532 | -€13,170 | -3.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €339,842 | €328,532 | -€11,310 | -3.3% |
| Amounts payable | 17/49 | €181,589 | €321,004 | +€139,415 | +76.8% |
| Amounts payable within one year | 42/48 | €172,557 | €309,777 | +€137,220 | +79.5% |
| Current portion of amounts payable after more than one year | 42 | - | €132,935 | +€132,935 | |
| Trade debts | 44 | €2,578 | €745 | -€1,832 | -71.1% |
| Suppliers | 440/4 | €2,578 | €745 | -€1,832 | -71.1% |
| Advances received on contracts in progress | 46 | €36,255 | €0 | -€36,255 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,900 | €1,992 | +€92 | +4.8% |
| Taxes | 450/3 | €1,900 | €1,992 | +€92 | +4.8% |
| Other amounts payable | 47/48 | €131,825 | €174,105 | +€42,281 | +32.1% |
| Accrued charges and deferred income | 492/3 | €9,032 | €11,226 | +€2,194 | +24.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,473 | €5,469 | -€3,004 | -35.5% |
| Other operating charges | 640/8 | €1,561 | €1,362 | -€199 | -12.7% |
| Gross operating margin | 9900 | €60,407 | -€2,786 | -€63,193 | |
| Operating profit (loss) | 9901 | €50,373 | -€9,617 | -€59,990 | |
| Financial income | 75/76B | €0 | €7,787 | +€7,787 | |
| Recurring financial income | 75 | €0 | €7,787 | +€7,787 | |
| Financial charges | 65/66B | €8,379 | €11,226 | +€2,848 | +34.0% |
| Recurring financial charges | 65 | €8,379 | €11,226 | +€2,848 | +34.0% |
| Profit (loss) for the period before taxes | 9903 | €41,994 | -€13,056 | -€55,051 | |
| Income taxes | 67/77 | €14,145 | €113 | -€14,032 | -99.2% |
| Profit (loss) for the period | 9904 | €27,849 | -€13,170 | -€41,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,849 | -€13,170 | -€41,019 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.