E.S. ENGINEERING: 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. ENGINEERING
Largest movements
- Receivables after one year -€175,023
no longer reported in 2025 (was €175,023)
- Receivables within one year +€81,972
up €81,972 (+28.7%), from €285,999 to €367,972
of which Other amounts receivable: +€73,815
- Cash +€75,414
up €75,414 (+64.8%), from €116,324 to €191,738
mainly Receivables after one year (+€175,023) and Net result for the year (+€111,500)
- Tangible fixed assets -€23,109
down €23,109 (-26.7%), from €86,389 to €63,280
of which Furniture and vehicles: -€22,723
- Deferred charges and accrued income -€21,936
down €21,936 (-16.2%), from €135,516 to €113,580
- Reserves -€79,500
down €79,500 (-10.4%), from €766,440 to €686,940
- Tax, wage and social debts +€14,745
up €14,745 (+65.0%), from €22,671 to €37,416
- Financial income -€19,098
down €19,098 (-13.7%), from €139,911 to €120,813
- Gross operating margin +€11,846
up €11,846 (+65.8%), from €18,007 to €29,853
- Other operating charges -€2,613
down €2,613 (-64.1%), from €4,077 to €1,464
- Taxes +€2,121
up €2,121 (+17.2%), from €12,295 to €14,416
- Depreciation +€1,824
up €1,824 (+8.6%), from €21,285 to €23,109
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 | €816,291 | €753,610 | -€62,682 | -7.7% |
| Fixed assets | 21/28 | €103,429 | €80,320 | -€23,109 | -22.3% |
| Tangible fixed assets | 22/27 | €86,389 | €63,280 | -€23,109 | -26.7% |
| Plant, machinery and equipment | 23 | €1,859 | €1,473 | -€386 | -20.8% |
| Furniture and vehicles | 24 | €84,530 | €61,807 | -€22,723 | -26.9% |
| Financial fixed assets | 28 | €17,040 | €17,040 | = | 0.0% |
| Current assets | 29/58 | €712,862 | €673,289 | -€39,573 | -5.6% |
| Amounts receivable after more than one year | 29 | €175,023 | - | -€175,023 | |
| Other amounts receivable | 291 | €175,023 | - | -€175,023 | |
| Amounts receivable within one year | 40/41 | €285,999 | €367,972 | +€81,972 | +28.7% |
| Trade receivables | 40 | €23,387 | €31,544 | +€8,157 | +34.9% |
| Other amounts receivable | 41 | €262,613 | €336,428 | +€73,815 | +28.1% |
| Cash at bank and in hand | 54/58 | €116,324 | €191,738 | +€75,414 | +64.8% |
| Deferred charges and accrued income | 490/1 | €135,516 | €113,580 | -€21,936 | -16.2% |
| Total equity and liabilities | 10/49 | €816,291 | €753,610 | -€62,682 | -7.7% |
| Equity | 10/15 | €786,677 | €707,178 | -€79,500 | -10.1% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €766,440 | €686,940 | -€79,500 | -10.4% |
| Distributable reserves | 133 | €766,440 | €686,940 | -€79,500 | -10.4% |
| Profit (loss) carried forward | 14 | €12,177 | €12,178 | +€0 | 0.0% |
| Amounts payable | 17/49 | €29,614 | €46,432 | +€16,818 | +56.8% |
| Amounts payable within one year | 42/48 | €29,614 | €46,432 | +€16,818 | +56.8% |
| Trade debts | 44 | €1,736 | €3,630 | +€1,894 | +109% |
| Suppliers | 440/4 | €1,736 | €3,630 | +€1,894 | +109% |
| Taxes, remuneration and social security | 45 | €22,671 | €37,416 | +€14,745 | +65.0% |
| Taxes | 450/3 | €22,671 | €37,416 | +€14,745 | +65.0% |
| Other amounts payable | 47/48 | €5,207 | €5,386 | +€179 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,285 | €23,109 | +€1,824 | +8.6% |
| Other operating charges | 640/8 | €4,077 | €1,464 | -€2,613 | -64.1% |
| Gross operating margin | 9900 | €18,007 | €29,853 | +€11,846 | +65.8% |
| Operating profit (loss) | 9901 | -€7,355 | €5,280 | +€12,635 | |
| Financial income | 75/76B | €139,911 | €120,813 | -€19,098 | -13.7% |
| Recurring financial income | 75 | €139,911 | €120,813 | -€19,098 | -13.7% |
| Financial charges | 65/66B | €95 | €176 | +€81 | +84.9% |
| Recurring financial charges | 65 | €95 | €176 | +€81 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €132,460 | €125,917 | -€6,544 | -4.9% |
| Income taxes | 67/77 | €12,295 | €14,416 | +€2,121 | +17.2% |
| Profit (loss) for the period | 9904 | €120,165 | €111,500 | -€8,665 | -7.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,165 | €111,500 | -€8,665 | -7.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.