Estimaid: 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.
Estimaid
Largest movements
- Tangible fixed assets -€21,443
down €21,443 (-23.7%), from €90,394 to €68,951
of which Furniture and vehicles: -€20,741
- Cash +€19,033
up €19,033 (+303%), from €6,281 to €25,314
mainly Investment in fixed assets (net) (+€11,920) and Depreciation (+€9,522)
- Receivables within one year -€2,106
down €2,106 (-18.3%), from €11,505 to €9,399
of which Other amounts receivable: -€6,331
- Debts after one year -€12,864
down €12,864 (-22.4%), from €57,355 to €44,491
- Trade debts +€5,303
up €5,303 (+259%), from €2,050 to €7,354
- Tax, wage and social debts +€4,889
up €4,889 (+193%), from €2,530 to €7,419
of which Taxes: +€2,531
- Other debts -€2,415
down €2,415 (-28.3%), from €8,535 to €6,119
- Reserves +€1,403
up €1,403 (+7.1%), from €19,695 to €21,098
- Gross operating margin +€10,688
up €10,688 (+160%), from €6,670 to €17,358
- Depreciation -€6,262
down €6,262 (-39.7%), from €15,784 to €9,522
- Financial charges -€739
down €739 (-20.1%), from €3,685 to €2,946
- Other operating charges +€677
up €677 (+337%), from €201 to €878
- Write-downs +€577
new in 2025: €577
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 | €108,445 | €104,346 | -€4,099 | -3.8% |
| Fixed assets | 21/28 | €90,394 | €68,951 | -€21,443 | -23.7% |
| Tangible fixed assets | 22/27 | €90,394 | €68,951 | -€21,443 | -23.7% |
| Land and buildings | 22 | €36,726 | €35,856 | -€870 | -2.4% |
| Plant, machinery and equipment | 23 | €1,703 | €1,871 | +€168 | +9.9% |
| Furniture and vehicles | 24 | €51,965 | €31,224 | -€20,741 | -39.9% |
| Current assets | 29/58 | €18,051 | €35,394 | +€17,343 | +96.1% |
| Amounts receivable within one year | 40/41 | €11,505 | €9,399 | -€2,106 | -18.3% |
| Trade receivables | 40 | €4,896 | €9,121 | +€4,225 | +86.3% |
| Other amounts receivable | 41 | €6,609 | €278 | -€6,331 | -95.8% |
| Cash at bank and in hand | 54/58 | €6,281 | €25,314 | +€19,033 | +303% |
| Deferred charges and accrued income | 490/1 | €265 | €682 | +€417 | +157% |
| Total equity and liabilities | 10/49 | €108,445 | €104,346 | -€4,099 | -3.8% |
| Equity | 10/15 | €24,695 | €26,098 | +€1,403 | +5.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,695 | €21,098 | +€1,403 | +7.1% |
| Distributable reserves | 133 | €19,695 | €21,098 | +€1,403 | +7.1% |
| Amounts payable | 17/49 | €83,750 | €78,248 | -€5,502 | -6.6% |
| Amounts payable after more than one year | 17 | €57,355 | €44,491 | -€12,864 | -22.4% |
| Financial debts | 170/4 | €57,355 | €44,491 | -€12,864 | -22.4% |
| Amounts payable within one year | 42/48 | €25,434 | €33,756 | +€8,322 | +32.7% |
| Current portion of amounts payable after more than one year | 42 | €12,319 | €12,864 | +€545 | +4.4% |
| Trade debts | 44 | €2,050 | €7,354 | +€5,303 | +259% |
| Suppliers | 440/4 | €2,050 | €7,354 | +€5,303 | +259% |
| Taxes, remuneration and social security | 45 | €2,530 | €7,419 | +€4,889 | +193% |
| Taxes | 450/3 | €2,530 | €5,061 | +€2,531 | +100% |
| Remuneration and social security | 454/9 | - | €2,358 | +€2,358 | |
| Other amounts payable | 47/48 | €8,535 | €6,119 | -€2,415 | -28.3% |
| Accrued charges and deferred income | 492/3 | €960 | - | -€960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,784 | €9,522 | -€6,262 | -39.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €577 | +€577 | |
| Other operating charges | 640/8 | €201 | €878 | +€677 | +337% |
| Non-recurring operating charges | 66A | - | €1,965 | +€1,965 | |
| Gross operating margin | 9900 | €6,670 | €17,358 | +€10,688 | +160% |
| Operating profit (loss) | 9901 | -€9,315 | €4,417 | +€13,732 | |
| Financial income | 75/76B | €17 | €4 | -€13 | -77.9% |
| Recurring financial income | 75 | €17 | €4 | -€13 | -77.9% |
| Financial charges | 65/66B | €3,685 | €2,946 | -€739 | -20.1% |
| Recurring financial charges | 65 | €3,685 | €2,946 | -€739 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,983 | €1,475 | +€14,458 | |
| Income taxes | 67/77 | - | €72 | +€72 | |
| Profit (loss) for the period | 9904 | -€12,983 | €1,403 | +€14,386 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,983 | €1,403 | +€14,386 |
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 15 October 2026 via checked.be.