TESTA ESTATES: 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.
TESTA ESTATES
Largest movements
- Tangible fixed assets +€18,707
up €18,707 (+7.8%), from €240,963 to €259,670
- Cash -€13,232
down €13,232 (-65.5%), from €20,207 to €6,975
mainly Investment in fixed assets (net) (-€30,573) and Contributions, distributions and other (-€28,807)
- Receivables within one year +€7,886
up €7,886 (+1935.3%), from €408 to €8,294
of which Other amounts receivable: +€7,585
- Debts after one year +€17,422
new in 2024: €17,422
- Other debts -€5,994
down €5,994 (-17.2%), from €34,801 to €28,807
- Taxes -€648
down €648 (-4.8%), from €13,474 to €12,826
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €261,577 | €274,939 | +€13,362 | +5.1% |
| Fixed assets | 21/28 | €240,963 | €259,670 | +€18,707 | +7.8% |
| Tangible fixed assets | 22/27 | €240,963 | €259,670 | +€18,707 | +7.8% |
| Land and buildings | 22 | €240,963 | €259,670 | +€18,707 | +7.8% |
| Current assets | 29/58 | €20,614 | €15,269 | -€5,345 | -25.9% |
| Amounts receivable within one year | 40/41 | €408 | €8,294 | +€7,886 | +1935.3% |
| Trade receivables | 40 | - | €302 | +€302 | |
| Other amounts receivable | 41 | €408 | €7,992 | +€7,585 | +1861.3% |
| Cash at bank and in hand | 54/58 | €20,207 | €6,975 | -€13,232 | -65.5% |
| Total equity and liabilities | 10/49 | €261,577 | €274,939 | +€13,362 | +5.1% |
| Equity | 10/15 | €225,727 | €225,685 | -€41 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €158,659 | €158,617 | -€41 | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €158,659 | €158,617 | -€41 | 0.0% |
| Profit (loss) carried forward | 14 | €47,068 | €47,068 | = | 0.0% |
| Amounts payable | 17/49 | €35,851 | €49,254 | +€13,403 | +37.4% |
| Amounts payable after more than one year | 17 | - | €17,422 | +€17,422 | |
| Financial debts | 170/4 | - | €17,422 | +€17,422 | |
| Amounts payable within one year | 42/48 | €35,851 | €31,832 | -€4,019 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | - | €1,644 | +€1,644 | |
| Trade debts | 44 | €76 | €80 | +€5 | +6.0% |
| Suppliers | 440/4 | €76 | €80 | +€5 | +6.0% |
| Taxes, remuneration and social security | 45 | €974 | €1,301 | +€326 | +33.5% |
| Taxes | 450/3 | €974 | €1,301 | +€326 | +33.5% |
| Other amounts payable | 47/48 | €34,801 | €28,807 | -€5,994 | -17.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,678 | €11,866 | +€188 | +1.6% |
| Other operating charges | 640/8 | €2,490 | €2,591 | +€101 | +4.0% |
| Gross operating margin | 9900 | €56,677 | €56,231 | -€446 | -0.8% |
| Operating profit (loss) | 9901 | €42,509 | €41,774 | -€735 | -1.7% |
| Financial income | 75/76B | - | €242 | +€242 | |
| Recurring financial income | 75 | - | €242 | +€242 | |
| Financial charges | 65/66B | €160 | €424 | +€263 | +164.0% |
| Recurring financial charges | 65 | €160 | €424 | +€263 | +164.0% |
| Profit (loss) for the period before taxes | 9903 | €42,348 | €41,592 | -€756 | -1.8% |
| Income taxes | 67/77 | €13,474 | €12,826 | -€648 | -4.8% |
| Profit (loss) for the period | 9904 | €28,874 | €28,766 | -€108 | -0.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,874 | €28,766 | -€108 | -0.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.