E&S INDUSTRIAL TOOLS: what changed
E&S INDUSTRIAL TOOLS
Largest movements
- Tangible fixed assets -€21,469
down €21,469 (-33.7%), from €63,665 to €42,196
of which Leasing and similar rights: -€15,914
- Cash +€17,777
up €17,777 (+34.1%), from €52,066 to €69,842
mainly Depreciation (+€21,469) and Net result for the year (+€11,071)
- Receivables within one year +€5,041
up €5,041 (+3.4%), from €148,774 to €153,815
of which Trade receivables: +€3,941
- Debts after one year -€11,885
down €11,885 (-40.4%), from €29,440 to €17,555
- Reserves +€11,071
up €11,071 (+9.9%), from €112,049 to €123,121
- Trade debts -€7,046
down €7,046 (-13.4%), from €52,657 to €45,611
- Tax, wage and social debts +€7,000
up €7,000 (+78.9%), from €8,870 to €15,871
of which Taxes: +€6,788
- Write-downs -€8,822
down €8,822 (-100%), from €8,822 to €0
- Gross operating margin -€4,598
down €4,598 (-4.7%), from €97,775 to €93,177
- Depreciation +€1,489
up €1,489 (+7.5%), from €19,980 to €21,469
- Staff costs +€1,397
up €1,397 (+2.8%), from €49,320 to €50,717
- Taxes -€1,308
down €1,308 (-23.8%), from €5,496 to €4,188
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,449 | €281,978 | -€471 | -0.2% |
| Fixed assets | 21/28 | €66,270 | €44,801 | -€21,469 | -32.4% |
| Tangible fixed assets | 22/27 | €63,665 | €42,196 | -€21,469 | -33.7% |
| Furniture and vehicles | 24 | €13,008 | €7,454 | -€5,555 | -42.7% |
| Leasing and similar rights | 25 | €50,657 | €34,742 | -€15,914 | -31.4% |
| Financial fixed assets | 28 | €2,605 | €2,605 | = | 0.0% |
| Current assets | 29/58 | €216,180 | €237,177 | +€20,997 | +9.7% |
| Stocks and contracts in progress | 3 | €8,862 | €6,890 | -€1,972 | -22.3% |
| Stocks | 30/36 | €8,862 | €6,890 | -€1,972 | -22.3% |
| Amounts receivable within one year | 40/41 | €148,774 | €153,815 | +€5,041 | +3.4% |
| Trade receivables | 40 | €138,374 | €142,315 | +€3,941 | +2.8% |
| Other amounts receivable | 41 | €10,400 | €11,500 | +€1,100 | +10.6% |
| Cash at bank and in hand | 54/58 | €52,066 | €69,842 | +€17,777 | +34.1% |
| Deferred charges and accrued income | 490/1 | €6,477 | €6,629 | +€152 | +2.4% |
| Total equity and liabilities | 10/49 | €282,449 | €281,978 | -€471 | -0.2% |
| Equity | 10/15 | €104,984 | €116,056 | +€11,071 | +10.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €112,049 | €123,121 | +€11,071 | +9.9% |
| Distributable reserves | 133 | €112,049 | €123,121 | +€11,071 | +9.9% |
| Profit (loss) carried forward | 14 | -€25,665 | -€25,665 | = | 0.0% |
| Amounts payable | 17/49 | €177,465 | €165,922 | -€11,543 | -6.5% |
| Amounts payable after more than one year | 17 | €29,440 | €17,555 | -€11,885 | -40.4% |
| Financial debts | 170/4 | €29,440 | €17,555 | -€11,885 | -40.4% |
| Amounts payable within one year | 42/48 | €148,025 | €148,367 | +€342 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €11,498 | €11,885 | +€387 | +3.4% |
| Financial debts | 43 | €75,000 | €75,000 | = | 0.0% |
| Credit institutions | 430/8 | €75,000 | €75,000 | = | 0.0% |
| Trade debts | 44 | €52,657 | €45,611 | -€7,046 | -13.4% |
| Suppliers | 440/4 | €52,657 | €45,611 | -€7,046 | -13.4% |
| Taxes, remuneration and social security | 45 | €8,870 | €15,871 | +€7,000 | +78.9% |
| Taxes | 450/3 | €2,925 | €9,714 | +€6,788 | +232% |
| Remuneration and social security | 454/9 | €5,945 | €6,157 | +€212 | +3.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €49,320 | €50,717 | +€1,397 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,980 | €21,469 | +€1,489 | +7.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,822 | €0 | -€8,822 | -100% |
| Other operating charges | 640/8 | €2,318 | €2,732 | +€413 | +17.8% |
| Gross operating margin | 9900 | €97,775 | €93,177 | -€4,598 | -4.7% |
| Operating profit (loss) | 9901 | €17,335 | €18,259 | +€925 | +5.3% |
| Financial income | 75/76B | €4,240 | €2,975 | -€1,265 | -29.8% |
| Recurring financial income | 75 | €4,240 | €2,975 | -€1,265 | -29.8% |
| Financial charges | 65/66B | €7,250 | €5,975 | -€1,275 | -17.6% |
| Recurring financial charges | 65 | €7,250 | €5,975 | -€1,275 | -17.6% |
| Profit (loss) for the period before taxes | 9903 | €14,325 | €15,260 | +€935 | +6.5% |
| Income taxes | 67/77 | €5,496 | €4,188 | -€1,308 | -23.8% |
| Profit (loss) for the period | 9904 | €8,829 | €11,071 | +€2,243 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,829 | €11,071 | +€2,243 | +25.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.