ESTIMMO: 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.
ESTIMMO
Largest movements
- Receivables within one year +€9,910
up €9,910 (+22.2%), from €44,674 to €54,584
- Tangible fixed assets -€8,995
down €8,995 (-5.5%), from €164,728 to €155,733
- Debts after one year -€15,876
down €15,876 (-10.6%), from €150,392 to €134,516
of which Financial debts: -€15,876
- Reserves +€10,000
up €10,000 (+88.5%), from €11,300 to €21,301
- Tax, wage and social debts +€3,746
up €3,746 (+157.0%), from €2,386 to €6,132
- Gross operating margin +€8,608
up €8,608 (+30.5%), from €28,204 to €36,812
- Other operating charges +€5,325
up €5,325 (+114.8%), from €4,639 to €9,964
- Financial charges -€1,522
down €1,522 (-27.0%), from €5,630 to €4,107
- Taxes +€1,354
up €1,354 (+56.6%), from €2,392 to €3,746
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 | €209,615 | €210,317 | +€703 | +0.3% |
| Fixed assets | 21/28 | €164,728 | €155,733 | -€8,995 | -5.5% |
| Tangible fixed assets | 22/27 | €164,728 | €155,733 | -€8,995 | -5.5% |
| Land and buildings | 22 | €164,728 | €155,733 | -€8,995 | -5.5% |
| Current assets | 29/58 | €44,887 | €54,584 | +€9,698 | +21.6% |
| Amounts receivable within one year | 40/41 | €44,674 | €54,584 | +€9,910 | +22.2% |
| Other amounts receivable | 41 | €44,674 | €54,584 | +€9,910 | +22.2% |
| Cash at bank and in hand | 54/58 | €212 | - | -€212 | |
| Total equity and liabilities | 10/49 | €209,615 | €210,317 | +€703 | +0.3% |
| Equity | 10/15 | €29,900 | €39,901 | +€10,000 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €11,300 | €21,301 | +€10,000 | +88.5% |
| Distributable reserves | 133 | €11,300 | €21,301 | +€10,000 | +88.5% |
| Amounts payable | 17/49 | €179,714 | €170,417 | -€9,298 | -5.2% |
| Amounts payable after more than one year | 17 | €150,392 | €134,516 | -€15,876 | -10.6% |
| Financial debts | 170/4 | €146,142 | €130,266 | -€15,876 | -10.9% |
| Other amounts payable | 178/9 | €4,250 | €4,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,322 | €35,900 | +€6,578 | +22.4% |
| Current portion of amounts payable after more than one year | 42 | €15,876 | €15,876 | = | 0.0% |
| Financial debts | 43 | - | €855 | +€855 | |
| Credit institutions | 430/8 | - | €855 | +€855 | |
| Trade debts | 44 | €11,060 | €13,038 | +€1,978 | +17.9% |
| Suppliers | 440/4 | €11,060 | €13,038 | +€1,978 | +17.9% |
| Taxes, remuneration and social security | 45 | €2,386 | €6,132 | +€3,746 | +157.0% |
| Taxes | 450/3 | €2,386 | €6,132 | +€3,746 | +157.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,995 | €8,995 | = | 0.0% |
| Other operating charges | 640/8 | €4,639 | €9,964 | +€5,325 | +114.8% |
| Gross operating margin | 9900 | €28,204 | €36,812 | +€8,608 | +30.5% |
| Operating profit (loss) | 9901 | €14,570 | €17,853 | +€3,283 | +22.5% |
| Financial charges | 65/66B | €5,630 | €4,107 | -€1,522 | -27.0% |
| Recurring financial charges | 65 | €5,630 | €4,107 | -€1,522 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €8,940 | €13,746 | +€4,806 | +53.8% |
| Income taxes | 67/77 | €2,392 | €3,746 | +€1,354 | +56.6% |
| Profit (loss) for the period | 9904 | €6,549 | €10,000 | +€3,452 | +52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,549 | €10,000 | +€3,452 | +52.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.