E.S.S.: 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.S.
Largest movements
- Tangible fixed assets -€13,622
down €13,622 (-3.6%), from €375,033 to €361,411
of which Land and buildings: -€13,850
- Cash -€4,142
down €4,142 (-18.4%), from €22,458 to €18,316
mainly Trade debts (-€18,056) and Debts after one year (-€11,667)
- Trade debts -€18,056
down €18,056 (-95.3%), from €18,938 to €882
- Other debts +€12,000
new in 2025: €12,000
- Debts after one year -€11,667
down €11,667 (-6.2%), from €189,028 to €177,361
- Gross operating margin +€4,918
up €4,918 (+21.4%), from €22,970 to €27,888
- Depreciation +€3,003
up €3,003 (+20.8%), from €14,409 to €17,412
- Financial charges -€426
down €426 (-7.3%), from €5,835 to €5,410
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 | €399,271 | €383,751 | -€15,520 | -3.9% |
| Fixed assets | 21/28 | €376,279 | €362,257 | -€14,022 | -3.7% |
| Intangible fixed assets | 21 | €1,246 | €847 | -€399 | -32.0% |
| Tangible fixed assets | 22/27 | €375,033 | €361,411 | -€13,622 | -3.6% |
| Land and buildings | 22 | €369,073 | €355,222 | -€13,850 | -3.8% |
| Plant, machinery and equipment | 23 | €4,992 | €5,473 | +€481 | +9.6% |
| Furniture and vehicles | 24 | €968 | €715 | -€253 | -26.1% |
| Current assets | 29/58 | €22,992 | €21,494 | -€1,498 | -6.5% |
| Amounts receivable within one year | 40/41 | €43 | €1,027 | +€985 | +2316.5% |
| Trade receivables | 40 | €43 | €1,027 | +€985 | +2316.5% |
| Cash at bank and in hand | 54/58 | €22,458 | €18,316 | -€4,142 | -18.4% |
| Deferred charges and accrued income | 490/1 | €491 | €2,150 | +€1,659 | +337.9% |
| Total equity and liabilities | 10/49 | €399,271 | €383,751 | -€15,520 | -3.9% |
| Equity | 10/15 | €174,172 | €176,528 | +€2,356 | +1.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,828 | -€23,472 | +€2,356 | +9.1% |
| Amounts payable | 17/49 | €225,098 | €207,223 | -€17,875 | -7.9% |
| Amounts payable after more than one year | 17 | €189,028 | €177,361 | -€11,667 | -6.2% |
| Other amounts payable | 178/9 | €189,028 | €177,361 | -€11,667 | -6.2% |
| Amounts payable within one year | 42/48 | €32,301 | €26,119 | -€6,182 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €11,667 | €11,667 | = | 0.0% |
| Trade debts | 44 | €18,938 | €882 | -€18,056 | -95.3% |
| Suppliers | 440/4 | €18,938 | €882 | -€18,056 | -95.3% |
| Taxes, remuneration and social security | 45 | €1,696 | €1,570 | -€126 | -7.4% |
| Taxes | 450/3 | €1,696 | €1,570 | -€126 | -7.4% |
| Other amounts payable | 47/48 | - | €12,000 | +€12,000 | |
| Accrued charges and deferred income | 492/3 | €3,770 | €3,743 | -€27 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,409 | €17,412 | +€3,003 | +20.8% |
| Other operating charges | 640/8 | €2,526 | €2,711 | +€185 | +7.3% |
| Gross operating margin | 9900 | €22,970 | €27,888 | +€4,918 | +21.4% |
| Operating profit (loss) | 9901 | €6,035 | €7,765 | +€1,731 | +28.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €5,835 | €5,410 | -€426 | -7.3% |
| Recurring financial charges | 65 | €5,835 | €5,410 | -€426 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €199 | €2,356 | +€2,157 | +1083.2% |
| Profit (loss) for the period | 9904 | €199 | €2,356 | +€2,157 | +1083.2% |
| Profit (loss) for the period to be appropriated | 9905 | €199 | €2,356 | +€2,157 | +1083.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.