E.S.-PLASTICS: 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.-PLASTICS
Largest movements
- Tangible fixed assets +€420,606
up €420,606 (+31.9%), from €1.3m to €1.7m
of which Other tangible fixed assets: +€442,810
- Receivables after one year -€165,000
no longer reported in 2025 (was €165,000)
- Cash +€157,324
up €157,324 (+31.7%), from €496,317 to €653,641
mainly Net result for the year (+€377,236) and Depreciation (+€368,345)
- Receivables within one year -€88,887
down €88,887 (-16.0%), from €555,625 to €466,738
of which Trade receivables: -€81,293
- Reserves +€377,236
up €377,236 (+22.1%), from €1.7m to €2.1m
of which Distributable reserves: +€242,335
- Trade debts +€168,074
up €168,074 (+102.7%), from €163,644 to €331,718
- Other debts -€110,087
down €110,087 (-80.2%), from €137,187 to €27,100
- Accrued charges and deferred income -€87,525
down €87,525 (-65.8%), from €132,950 to €45,425
- Provisions -€64,275
no longer reported in 2025 (was €64,275)
- Gross operating margin +€101,806
up €101,806 (+9.1%), from €1.1m to €1.2m
- Provisions -€69,928
down €69,928, from €5,654 to -€64,275
- Taxes -€36,459
down €36,459 (-50.4%), from €72,333 to €35,873
- Depreciation +€24,960
up €24,960 (+7.3%), from €343,385 to €368,345
- Financial charges +€21,198
up €21,198 (+21.8%), from €97,407 to €118,605
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 | €3,554,355 | €3,877,429 | +€323,074 | +9.1% |
| Fixed assets | 21/28 | €1,319,421 | €1,740,027 | +€420,606 | +31.9% |
| Tangible fixed assets | 22/27 | €1,319,286 | €1,739,892 | +€420,606 | +31.9% |
| Plant, machinery and equipment | 23 | €862,501 | €926,241 | +€63,740 | +7.4% |
| Furniture and vehicles | 24 | €96,243 | €91,946 | -€4,297 | -4.5% |
| Leasing and similar rights | 25 | €360,542 | €278,895 | -€81,647 | -22.6% |
| Other tangible fixed assets | 26 | - | €442,810 | +€442,810 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €2,234,934 | €2,137,402 | -€97,532 | -4.4% |
| Amounts receivable after more than one year | 29 | €165,000 | - | -€165,000 | |
| Other amounts receivable | 291 | €165,000 | - | -€165,000 | |
| Stocks and contracts in progress | 3 | €996,027 | €991,510 | -€4,517 | -0.5% |
| Stocks | 30/36 | €996,027 | €991,510 | -€4,517 | -0.5% |
| Amounts receivable within one year | 40/41 | €555,625 | €466,738 | -€88,887 | -16.0% |
| Trade receivables | 40 | €475,129 | €393,837 | -€81,293 | -17.1% |
| Other amounts receivable | 41 | €80,496 | €72,901 | -€7,595 | -9.4% |
| Cash at bank and in hand | 54/58 | €496,317 | €653,641 | +€157,324 | +31.7% |
| Deferred charges and accrued income | 490/1 | €21,965 | €25,513 | +€3,549 | +16.2% |
| Total equity and liabilities | 10/49 | €3,554,355 | €3,877,429 | +€323,074 | +9.1% |
| Equity | 10/15 | €1,848,200 | €2,225,436 | +€377,236 | +20.4% |
| Contributions | 10/11 | €138,792 | €138,792 | = | 0.0% |
| Reserves | 13 | €1,709,408 | €2,086,644 | +€377,236 | +22.1% |
| Tax-exempt reserves | 132 | €79,110 | €214,011 | +€134,901 | +170.5% |
| Distributable reserves | 133 | €1,630,299 | €1,872,633 | +€242,335 | +14.9% |
| Provisions and deferred taxes | 16 | €64,275 | - | -€64,275 | |
| Provisions for liabilities and charges | 160/5 | €64,275 | - | -€64,275 | |
| Other liabilities and charges | 164/5 | €64,275 | - | -€64,275 | |
| Amounts payable | 17/49 | €1,641,880 | €1,651,993 | +€10,113 | +0.6% |
| Amounts payable after more than one year | 17 | €948,143 | €930,915 | -€17,228 | -1.8% |
| Financial debts | 170/4 | €499,143 | €511,915 | +€12,772 | +2.6% |
| Other amounts payable | 178/9 | €449,000 | €419,000 | -€30,000 | -6.7% |
| Amounts payable within one year | 42/48 | €560,788 | €675,653 | +€114,866 | +20.5% |
| Current portion of amounts payable after more than one year | 42 | €183,401 | €233,353 | +€49,951 | +27.2% |
| Trade debts | 44 | €163,644 | €331,718 | +€168,074 | +102.7% |
| Suppliers | 440/4 | €163,644 | €331,718 | +€168,074 | +102.7% |
| Taxes, remuneration and social security | 45 | €76,556 | €83,483 | +€6,928 | +9.0% |
| Taxes | 450/3 | €23,968 | €20,863 | -€3,105 | -13.0% |
| Remuneration and social security | 454/9 | €52,587 | €62,620 | +€10,033 | +19.1% |
| Other amounts payable | 47/48 | €137,187 | €27,100 | -€110,087 | -80.2% |
| Accrued charges and deferred income | 492/3 | €132,950 | €45,425 | -€87,525 | -65.8% |
| Non-recurring operating income | 76A | €4,298 | €15,000 | +€10,702 | +249.0% |
| Remuneration, social security and pensions | 62 | €385,744 | €391,736 | +€5,992 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €343,385 | €368,345 | +€24,960 | +7.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,093 | - | +€7,093 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,654 | -€64,275 | -€69,928 | |
| Other operating charges | 640/8 | €11,104 | €3,537 | -€7,566 | -68.1% |
| Gross operating margin | 9900 | €1,122,402 | €1,224,208 | +€101,806 | +9.1% |
| Operating profit (loss) | 9901 | €383,609 | €524,865 | +€141,256 | +36.8% |
| Financial income | 75/76B | €11,996 | €6,849 | -€5,147 | -42.9% |
| Recurring financial income | 75 | €11,596 | €6,292 | -€5,304 | -45.7% |
| Non-recurring financial income | 76B | €400 | €557 | +€157 | +39.3% |
| Financial charges | 65/66B | €97,407 | €118,605 | +€21,198 | +21.8% |
| Recurring financial charges | 65 | €97,407 | €118,605 | +€21,198 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €298,198 | €413,109 | +€114,911 | +38.5% |
| Income taxes | 67/77 | €72,333 | €35,873 | -€36,459 | -50.4% |
| Profit (loss) for the period | 9904 | €225,866 | €377,236 | +€151,370 | +67.0% |
| Transfer from tax-exempt reserves | 789 | €12,449 | €12,449 | -€0 | 0.0% |
| Transfer to tax-exempt reserves | 689 | - | €147,350 | +€147,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €238,314 | €242,335 | +€4,020 | +1.7% |
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 10 October 2026 via checked.be.