ESTORL: 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.
ESTORL
Largest movements
- Cash -€42,049
down €42,049 (-39.7%), from €106,032 to €63,982
mainly Trade debts (-€37,039) and Debts after one year (-€30,112)
- Tangible fixed assets -€21,424
down €21,424 (-25.6%), from €83,815 to €62,391
of which Furniture and vehicles: -€27,258
- Receivables within one year +€10,640
up €10,640 (+640.8%), from €1,661 to €12,301
of which Trade receivables: +€10,640
- Stocks and contracts +€6,799
new in 2025: €6,799
- Deferred charges and accrued income +€4,441
up €4,441 (+28.6%), from €15,536 to €19,978
- Trade debts -€37,039
down €37,039 (-50.1%), from €73,941 to €36,902
- Profit (loss) carried forward +€34,616
up €34,616 (+2596.7%), from €1,333 to €35,949
- Debts after one year -€30,112
down €30,112 (-45.4%), from €66,273 to €36,161
- Other debts -€15,798
down €15,798 (-50.1%), from €31,547 to €15,749
- Current portion of long-term debt +€3,419
up €3,419 (+11.7%), from €29,319 to €32,738
- Turnover +€118,286
up €118,286 (+61.4%), from €192,532 to €310,818
- Gross operating margin +€66,195
up €66,195 (+915.5%), from €7,230 to €73,425
- Purchases and services +€52,091
up €52,091 (+28.1%), from €185,302 to €237,393
- Taxes +€5,953
new in 2025: €5,953
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 | €207,043 | €165,451 | -€41,593 | -20.1% |
| Fixed assets | 21/28 | €83,815 | €62,391 | -€21,424 | -25.6% |
| Tangible fixed assets | 22/27 | €83,815 | €62,391 | -€21,424 | -25.6% |
| Plant, machinery and equipment | 23 | - | €5,833 | +€5,833 | |
| Furniture and vehicles | 24 | €83,815 | €56,558 | -€27,258 | -32.5% |
| Current assets | 29/58 | €123,228 | €103,060 | -€20,168 | -16.4% |
| Stocks and contracts in progress | 3 | - | €6,799 | +€6,799 | |
| Stocks | 30/36 | - | €6,799 | +€6,799 | |
| Amounts receivable within one year | 40/41 | €1,661 | €12,301 | +€10,640 | +640.8% |
| Trade receivables | 40 | €1,240 | €11,880 | +€10,640 | +858.1% |
| Other amounts receivable | 41 | €421 | €421 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €106,032 | €63,982 | -€42,049 | -39.7% |
| Deferred charges and accrued income | 490/1 | €15,536 | €19,978 | +€4,441 | +28.6% |
| Total equity and liabilities | 10/49 | €207,043 | €165,451 | -€41,593 | -20.1% |
| Equity | 10/15 | €3,333 | €37,949 | +€34,616 | +1038.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,333 | €35,949 | +€34,616 | +2596.7% |
| Amounts payable | 17/49 | €203,710 | €127,502 | -€76,209 | -37.4% |
| Amounts payable after more than one year | 17 | €66,273 | €36,161 | -€30,112 | -45.4% |
| Financial debts | 170/4 | €66,273 | €36,161 | -€30,112 | -45.4% |
| Amounts payable within one year | 42/48 | €137,438 | €91,341 | -€46,097 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €29,319 | €32,738 | +€3,419 | +11.7% |
| Trade debts | 44 | €73,941 | €36,902 | -€37,039 | -50.1% |
| Suppliers | 440/4 | €73,941 | €36,902 | -€37,039 | -50.1% |
| Taxes, remuneration and social security | 45 | €2,631 | €5,952 | +€3,321 | +126.3% |
| Taxes | 450/3 | €2,631 | €5,952 | +€3,321 | +126.3% |
| Other amounts payable | 47/48 | €31,547 | €15,749 | -€15,798 | -50.1% |
| Turnover | 70 | €192,532 | €310,818 | +€118,286 | +61.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €185,302 | €237,393 | +€52,091 | +28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,114 | €28,424 | +€1,310 | +4.8% |
| Other operating charges | 640/8 | €1,702 | €1,635 | -€67 | -4.0% |
| Gross operating margin | 9900 | €7,230 | €73,425 | +€66,195 | +915.5% |
| Operating profit (loss) | 9901 | -€21,586 | €43,366 | +€64,952 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,163 | €2,797 | -€366 | -11.6% |
| Recurring financial charges | 65 | €3,163 | €2,797 | -€366 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,750 | €40,569 | +€65,318 | |
| Income taxes | 67/77 | - | €5,953 | +€5,953 | |
| Profit (loss) for the period | 9904 | -€24,750 | €34,616 | +€59,366 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,750 | €34,616 | +€59,366 |
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 7 October 2026 via checked.be.