SAINT-ESTEPHE: 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.
SAINT-ESTEPHE
Largest movements
- Cash +€55,444
new in 2025: €55,444
mainly Net result for the year (+€24,995) and Debts after one year (+€17,481)
- Tangible fixed assets -€16,790
down €16,790 (-31.9%), from €52,608 to €35,818
of which Plant, machinery and equipment: -€11,555
- Receivables within one year +€2,121
up €2,121 (+32.6%), from €6,507 to €8,627
of which Trade receivables: +€2,121
- Stocks and contracts +€1,585
up €1,585 (+3.6%), from €44,626 to €46,211
- Profit (loss) carried forward +€24,995
up €24,995 (+6.4%), from -€391,486 to -€366,491
- Current portion of long-term debt -€17,680
down €17,680 (-36.2%), from €48,801 to €31,121
- Debts after one year +€17,481
new in 2025: €17,481
- Tax, wage and social debts +€15,548
up €15,548 (+9.4%), from €165,651 to €181,198
of which Remuneration and social security: +€22,199
- Trade debts +€9,583
up €9,583 (+7.1%), from €135,902 to €145,485
- Gross operating margin +€121,498
up €121,498 (+39.8%), from €305,541 to €427,039
- Other operating charges -€32,258
down €32,258 (-75.7%), from €42,597 to €10,339
- Financial charges +€9,728
up €9,728 (+32.7%), from €29,738 to €39,466
- Staff costs -€8,859
down €8,859 (-2.6%), from €343,843 to €334,985
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 | €107,376 | €149,404 | +€42,028 | +39.1% |
| Fixed assets | 21/28 | €56,243 | €38,953 | -€17,290 | -30.7% |
| Intangible fixed assets | 21 | €3,000 | €2,500 | -€500 | -16.7% |
| Tangible fixed assets | 22/27 | €52,608 | €35,818 | -€16,790 | -31.9% |
| Plant, machinery and equipment | 23 | €19,751 | €8,196 | -€11,555 | -58.5% |
| Furniture and vehicles | 24 | €4,807 | €3,300 | -€1,506 | -31.3% |
| Other tangible fixed assets | 26 | €28,050 | €24,321 | -€3,729 | -13.3% |
| Financial fixed assets | 28 | €635 | €635 | = | 0.0% |
| Current assets | 29/58 | €51,133 | €110,451 | +€59,318 | +116.0% |
| Stocks and contracts in progress | 3 | €44,626 | €46,211 | +€1,585 | +3.6% |
| Stocks | 30/36 | €44,626 | €46,211 | +€1,585 | +3.6% |
| Amounts receivable within one year | 40/41 | €6,507 | €8,627 | +€2,121 | +32.6% |
| Trade receivables | 40 | €2,907 | €5,027 | +€2,121 | +72.9% |
| Other amounts receivable | 41 | €3,600 | €3,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €55,444 | +€55,444 | |
| Deferred charges and accrued income | 490/1 | - | €169 | +€169 | |
| Total equity and liabilities | 10/49 | €107,376 | €149,404 | +€42,028 | +39.1% |
| Equity | 10/15 | -€327,466 | -€302,471 | +€24,995 | +7.6% |
| Contributions | 10/11 | €64,020 | €64,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€391,486 | -€366,491 | +€24,995 | +6.4% |
| Amounts payable | 17/49 | €434,841 | €451,875 | +€17,033 | +3.9% |
| Amounts payable after more than one year | 17 | - | €17,481 | +€17,481 | |
| Financial debts | 170/4 | - | €17,481 | +€17,481 | |
| Amounts payable within one year | 42/48 | €425,781 | €423,774 | -€2,007 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €48,801 | €31,121 | -€17,680 | -36.2% |
| Financial debts | 43 | €46,205 | €46,020 | -€185 | -0.4% |
| Credit institutions | 430/8 | €46,205 | €46,020 | -€185 | -0.4% |
| Trade debts | 44 | €135,902 | €145,485 | +€9,583 | +7.1% |
| Suppliers | 440/4 | €135,902 | €145,485 | +€9,583 | +7.1% |
| Advances received on contracts in progress | 46 | €2,303 | €0 | -€2,303 | -100.0% |
| Taxes, remuneration and social security | 45 | €165,651 | €181,198 | +€15,548 | +9.4% |
| Taxes | 450/3 | €68,634 | €61,983 | -€6,651 | -9.7% |
| Remuneration and social security | 454/9 | €97,017 | €119,215 | +€22,199 | +22.9% |
| Other amounts payable | 47/48 | €26,920 | €19,950 | -€6,970 | -25.9% |
| Accrued charges and deferred income | 492/3 | €9,061 | €10,620 | +€1,559 | +17.2% |
| Remuneration, social security and pensions | 62 | €343,843 | €334,985 | -€8,859 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,176 | €17,290 | -€886 | -4.9% |
| Other operating charges | 640/8 | €42,597 | €10,339 | -€32,258 | -75.7% |
| Gross operating margin | 9900 | €305,541 | €427,039 | +€121,498 | +39.8% |
| Operating profit (loss) | 9901 | -€99,075 | €64,425 | +€163,500 | |
| Financial income | 75/76B | €12 | €36 | +€24 | +203.3% |
| Recurring financial income | 75 | €12 | €36 | +€24 | +203.3% |
| Financial charges | 65/66B | €29,738 | €39,466 | +€9,728 | +32.7% |
| Recurring financial charges | 65 | €29,738 | €39,466 | +€9,728 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | -€128,801 | €24,995 | +€153,796 | |
| Profit (loss) for the period | 9904 | -€128,801 | €24,995 | +€153,796 | |
| Profit (loss) for the period to be appropriated | 9905 | -€128,801 | €24,995 | +€153,796 |
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 8 October 2026 via checked.be.