ESTYTECH: 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.
ESTYTECH
Largest movements
- Receivables within one year -€1,192
down €1,192 (-93.9%), from €1,269 to €77
- Cash -€1,191
down €1,191 (-33.9%), from €3,517 to €2,326
mainly Net result for the year (-€4,857)
- Tangible fixed assets -€151
down €151 (-34.2%), from €443 to €291
- Profit (loss) carried forward -€4,857
down €4,857 (-53.5%), from -€9,071 to -€13,929
- Other debts +€2,000
up €2,000 (+16.3%), from €12,300 to €14,300
- Trade debts +€323
new in 2025: €323
- Gross operating margin +€2,997
up €2,997 (+40.7%), from -€7,356 to -€4,359
- Depreciation -€1,359
down €1,359 (-90.0%), from €1,510 to €151
- Financial charges +€76
up €76 (+37.2%), from €205 to €281
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 | €5,229 | €2,694 | -€2,535 | -48.5% |
| Fixed assets | 21/28 | €443 | €291 | -€151 | -34.2% |
| Tangible fixed assets | 22/27 | €443 | €291 | -€151 | -34.2% |
| Furniture and vehicles | 24 | €443 | €291 | -€151 | -34.2% |
| Current assets | 29/58 | €4,786 | €2,403 | -€2,383 | -49.8% |
| Amounts receivable within one year | 40/41 | €1,269 | €77 | -€1,192 | -93.9% |
| Other amounts receivable | 41 | €1,269 | €77 | -€1,192 | -93.9% |
| Cash at bank and in hand | 54/58 | €3,517 | €2,326 | -€1,191 | -33.9% |
| Total equity and liabilities | 10/49 | €5,229 | €2,694 | -€2,535 | -48.5% |
| Equity | 10/15 | -€7,071 | -€11,929 | -€4,857 | -68.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,071 | -€13,929 | -€4,857 | -53.5% |
| Amounts payable | 17/49 | €12,300 | €14,623 | +€2,323 | +18.9% |
| Amounts payable within one year | 42/48 | €12,300 | €14,623 | +€2,323 | +18.9% |
| Trade debts | 44 | - | €323 | +€323 | |
| Suppliers | 440/4 | - | €323 | +€323 | |
| Other amounts payable | 47/48 | €12,300 | €14,300 | +€2,000 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,510 | €151 | -€1,359 | -90.0% |
| Other operating charges | 640/8 | - | €66 | +€66 | |
| Gross operating margin | 9900 | -€7,356 | -€4,359 | +€2,997 | +40.7% |
| Operating profit (loss) | 9901 | -€8,866 | -€4,576 | +€4,291 | +48.4% |
| Financial charges | 65/66B | €205 | €281 | +€76 | +37.2% |
| Recurring financial charges | 65 | €205 | €281 | +€76 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,071 | -€4,857 | +€4,214 | +46.5% |
| Profit (loss) for the period | 9904 | -€9,071 | -€4,857 | +€4,214 | +46.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,071 | -€4,857 | +€4,214 | +46.5% |
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 7 October 2026 via checked.be.