E.S.E. Services: 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.E. Services
Largest movements
- Cash -€186,031
down €186,031 (-92.8%), from €200,530 to €14,499
mainly Current investments (-€150,000) and Other debts (-€121,185)
- Current investments +€150,000
new in 2026: €150,000
- Receivables within one year -€64,780
down €64,780 (-53.1%), from €122,063 to €57,284
of which Trade receivables: -€67,702
- Deferred charges and accrued income +€16,178
up €16,178 (+286.8%), from €5,641 to €21,819
- Tangible fixed assets +€8,171
up €8,171 (+8.0%), from €101,590 to €109,761
of which Land and buildings: +€9,589
- Other debts -€121,185
down €121,185 (-95.0%), from €127,539 to €6,354
- Reserves +€80,980
up €80,980 (+65.7%), from €123,200 to €204,180
- Tax, wage and social debts -€30,679
down €30,679 (-46.9%), from €65,410 to €34,731
of which Taxes: -€34,595
- Debts after one year -€22,821
down €22,821 (-31.0%), from €73,714 to €50,893
- Current portion of long-term debt +€19,275
up €19,275 (+75.1%), from €25,658 to €44,933
- Gross operating margin -€21,557
down €21,557 (-9.9%), from €217,848 to €196,291
- Taxes -€8,376
down €8,376 (-20.1%), from €41,671 to €33,296
- Staff costs +€3,865
up €3,865 (+9.8%), from €39,252 to €43,118
- Financial income +€3,070
up €3,070 (+227.2%), from €1,352 to €4,422
- Depreciation +€3,018
up €3,018 (+10.4%), from €29,087 to €32,104
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €429,824 | €353,362 | -€76,461 | -17.8% |
| Fixed assets | 21/28 | €101,590 | €109,761 | +€8,171 | +8.0% |
| Tangible fixed assets | 22/27 | €101,590 | €109,761 | +€8,171 | +8.0% |
| Land and buildings | 22 | €85,469 | €95,059 | +€9,589 | +11.2% |
| Plant, machinery and equipment | 23 | €9,040 | €9,825 | +€785 | +8.7% |
| Furniture and vehicles | 24 | €7,081 | €4,878 | -€2,203 | -31.1% |
| Current assets | 29/58 | €328,234 | €243,601 | -€84,632 | -25.8% |
| Amounts receivable within one year | 40/41 | €122,063 | €57,284 | -€64,780 | -53.1% |
| Trade receivables | 40 | €121,749 | €54,047 | -€67,702 | -55.6% |
| Other amounts receivable | 41 | €315 | €3,237 | +€2,922 | +928.8% |
| Current investments | 50/53 | - | €150,000 | +€150,000 | |
| Cash at bank and in hand | 54/58 | €200,530 | €14,499 | -€186,031 | -92.8% |
| Deferred charges and accrued income | 490/1 | €5,641 | €21,819 | +€16,178 | +286.8% |
| Total equity and liabilities | 10/49 | €429,824 | €353,362 | -€76,461 | -17.8% |
| Equity | 10/15 | €125,200 | €206,180 | +€80,980 | +64.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €123,200 | €204,180 | +€80,980 | +65.7% |
| Distributable reserves | 133 | €123,200 | €204,180 | +€80,980 | +65.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €304,624 | €147,182 | -€157,441 | -51.7% |
| Amounts payable after more than one year | 17 | €73,714 | €50,893 | -€22,821 | -31.0% |
| Financial debts | 170/4 | €73,714 | €50,893 | -€22,821 | -31.0% |
| Amounts payable within one year | 42/48 | €230,572 | €95,634 | -€134,937 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €25,658 | €44,933 | +€19,275 | +75.1% |
| Financial debts | 43 | - | €4,981 | +€4,981 | |
| Credit institutions | 430/8 | - | €4,981 | +€4,981 | |
| Trade debts | 44 | €11,964 | €4,634 | -€7,330 | -61.3% |
| Suppliers | 440/4 | €11,964 | €4,634 | -€7,330 | -61.3% |
| Taxes, remuneration and social security | 45 | €65,410 | €34,731 | -€30,679 | -46.9% |
| Taxes | 450/3 | €57,986 | €23,392 | -€34,595 | -59.7% |
| Remuneration and social security | 454/9 | €7,424 | €11,340 | +€3,916 | +52.7% |
| Other amounts payable | 47/48 | €127,539 | €6,354 | -€121,185 | -95.0% |
| Accrued charges and deferred income | 492/3 | €338 | €655 | +€317 | +93.8% |
| Non-recurring operating income | 76A | €175 | €0 | -€175 | -100.0% |
| Remuneration, social security and pensions | 62 | €39,252 | €43,118 | +€3,865 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,087 | €32,104 | +€3,018 | +10.4% |
| Other operating charges | 640/8 | €4,278 | €4,082 | -€196 | -4.6% |
| Non-recurring operating charges | 66A | - | €191 | +€191 | |
| Gross operating margin | 9900 | €217,848 | €196,291 | -€21,557 | -9.9% |
| Operating profit (loss) | 9901 | €145,230 | €116,796 | -€28,435 | -19.6% |
| Financial income | 75/76B | €1,352 | €4,422 | +€3,070 | +227.2% |
| Recurring financial income | 75 | €1,352 | €4,422 | +€3,070 | +227.2% |
| Financial charges | 65/66B | €8,407 | €6,942 | -€1,465 | -17.4% |
| Recurring financial charges | 65 | €8,407 | €6,942 | -€1,465 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €138,175 | €114,276 | -€23,899 | -17.3% |
| Income taxes | 67/77 | €41,671 | €33,296 | -€8,376 | -20.1% |
| Profit (loss) for the period | 9904 | €96,504 | €80,980 | -€15,524 | -16.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,504 | €80,980 | -€15,524 | -16.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.