E.S.C.: 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.
E.S.C.
Largest movements
- Cash -€7
down €7 (-48.6%), from €14 to €7
mainly Net result for the year (-€377)
- Profit (loss) carried forward -€377
down €377 (-0.2%), from -€233,638 to -€234,014
- Other debts +€370
up €370 (+14.8%), from €2,498 to €2,868
- Gross operating margin -€24
down €24 (-10.0%), from -€242 to -€266
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 | €14 | €7 | -€7 | -48.6% |
| Current assets | 29/58 | €14 | €7 | -€7 | -48.6% |
| Cash at bank and in hand | 54/58 | €14 | €7 | -€7 | -48.6% |
| Total equity and liabilities | 10/49 | €14 | €7 | -€7 | -48.6% |
| Equity | 10/15 | -€157,075 | -€157,452 | -€377 | -0.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €15,062 | €15,062 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,304 | €1,304 | = | 0.0% |
| Legal reserve | 130 | €1,304 | €1,304 | = | 0.0% |
| Distributable reserves | 133 | €13,758 | €13,758 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€233,638 | -€234,014 | -€377 | -0.2% |
| Provisions and deferred taxes | 16 | €154,591 | €154,591 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €154,591 | €154,591 | = | 0.0% |
| Other liabilities and charges | 164/5 | €154,591 | €154,591 | = | 0.0% |
| Amounts payable | 17/49 | €2,498 | €2,868 | +€370 | +14.8% |
| Amounts payable within one year | 42/48 | €2,498 | €2,868 | +€370 | +14.8% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,498 | €2,868 | +€370 | +14.8% |
| Other operating charges | 640/8 | €64 | €66 | +€2 | +3.0% |
| Gross operating margin | 9900 | -€242 | -€266 | -€24 | -10.0% |
| Operating profit (loss) | 9901 | -€306 | -€332 | -€26 | -8.5% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€351 | -€377 | -€26 | -7.4% |
| Profit (loss) for the period | 9904 | -€351 | -€377 | -€26 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€351 | -€377 | -€26 | -7.4% |
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 2 October 2026 via checked.be.