E&S CONSULTING: what changed
Two financial 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 CONSULTING
Largest movements
- Current investments -€40,840
down €40,840 (-34.0%), from €120,000 to €79,160
- Cash +€35,163
up €35,163 (+37.6%), from €93,611 to €128,773
mainly Current investments (+€40,840) and Depreciation (+€29,374)
- Tangible fixed assets -€22,148
down €22,148 (-21.8%), from €101,697 to €79,549
of which Furniture and vehicles: -€21,136
- Receivables within one year +€14,569
up €14,569 (+681%), from €2,140 to €16,709
of which Trade receivables: +€15,171
- Deferred charges and accrued income +€4,050
up €4,050 (+3,173%), from €128 to €4,178
- Debts after one year -€20,759
down €20,759 (-49.0%), from €42,339 to €21,579
- Reserves +€15,598
up €15,598 (+7.0%), from €223,407 to €239,005
- Other debts -€4,822
down €4,822 (-24.6%), from €19,619 to €14,797
- Gross operating margin +€6,964
up €6,964 (+11.4%), from €61,188 to €68,151
- Financial income -€2,314
down €2,314 (-76.4%), from €3,028 to €714
- Taxes -€2,090
down €2,090 (-13.7%), from €15,221 to €13,131
- Financial charges -€686
down €686 (-24.1%), from €2,850 to €2,164
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.
Derived cash bridge
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 | €317,575 | €308,369 | -€9,207 | -2.9% |
| Fixed assets | 21/28 | €101,697 | €79,549 | -€22,148 | -21.8% |
| Tangible fixed assets | 22/27 | €101,697 | €79,549 | -€22,148 | -21.8% |
| Plant, machinery and equipment | 23 | - | €2,416 | +€2,416 | |
| Furniture and vehicles | 24 | €75,866 | €54,729 | -€21,136 | -27.9% |
| Other tangible fixed assets | 26 | €25,831 | €22,404 | -€3,428 | -13.3% |
| Current assets | 29/58 | €215,878 | €228,820 | +€12,942 | +6.0% |
| Amounts receivable within one year | 40/41 | €2,140 | €16,709 | +€14,569 | +681% |
| Trade receivables | 40 | €474 | €15,645 | +€15,171 | +3,201% |
| Other amounts receivable | 41 | €1,666 | €1,063 | -€603 | -36.2% |
| Current investments | 50/53 | €120,000 | €79,160 | -€40,840 | -34.0% |
| Cash at bank and in hand | 54/58 | €93,611 | €128,773 | +€35,163 | +37.6% |
| Deferred charges and accrued income | 490/1 | €128 | €4,178 | +€4,050 | +3,173% |
| Total equity and liabilities | 10/49 | €317,575 | €308,369 | -€9,207 | -2.9% |
| Equity | 10/15 | €229,607 | €245,205 | +€15,598 | +6.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €223,407 | €239,005 | +€15,598 | +7.0% |
| Distributable reserves | 133 | €223,407 | €239,005 | +€15,598 | +7.0% |
| Amounts payable | 17/49 | €87,968 | €63,164 | -€24,804 | -28.2% |
| Amounts payable after more than one year | 17 | €42,339 | €21,579 | -€20,759 | -49.0% |
| Financial debts | 170/4 | €42,339 | €21,579 | -€20,759 | -49.0% |
| Amounts payable within one year | 42/48 | €45,630 | €41,584 | -€4,045 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €19,970 | €20,759 | +€789 | +4.0% |
| Trade debts | 44 | €407 | €2,555 | +€2,148 | +528% |
| Suppliers | 440/4 | €407 | €2,555 | +€2,148 | +528% |
| Taxes, remuneration and social security | 45 | €5,634 | €3,474 | -€2,160 | -38.3% |
| Taxes | 450/3 | €5,634 | €3,474 | -€2,160 | -38.3% |
| Other amounts payable | 47/48 | €19,619 | €14,797 | -€4,822 | -24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,355 | €29,374 | +€19 | +0.1% |
| Other operating charges | 640/8 | €1,089 | €1,345 | +€256 | +23.5% |
| Gross operating margin | 9900 | €61,188 | €68,151 | +€6,964 | +11.4% |
| Operating profit (loss) | 9901 | €30,744 | €37,432 | +€6,689 | +21.8% |
| Financial income | 75/76B | €3,028 | €714 | -€2,314 | -76.4% |
| Recurring financial income | 75 | €3,028 | €714 | -€2,314 | -76.4% |
| Financial charges | 65/66B | €2,850 | €2,164 | -€686 | -24.1% |
| Recurring financial charges | 65 | €2,850 | €2,164 | -€686 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €30,922 | €35,983 | +€5,061 | +16.4% |
| Income taxes | 67/77 | €15,221 | €13,131 | -€2,090 | -13.7% |
| Profit (loss) for the period | 9904 | €15,701 | €22,852 | +€7,151 | +45.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,701 | €22,852 | +€7,151 | +45.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.