E.S.S.V.: 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.S.V.
Largest movements
- Receivables within one year +€16,667
up €16,667 (+50.0%), from €33,334 to €50,002
of which Other amounts receivable: +€16,230
- Tangible fixed assets -€3,333
down €3,333 (-5.0%), from €66,684 to €63,351
of which Land and buildings: -€3,146
- Cash +€1,837
new in 2025: €1,837
mainly Net result for the year (+€20,892) and Depreciation (+€11,245)
- Profit (loss) carried forward +€20,892
up €20,892 (+31.8%), from -€65,714 to -€44,822
- Debts after one year -€9,168
down €9,168 (-9.6%), from €95,973 to €86,805
- Short-term financial debts -€6,556
no longer reported in 2025 (was €6,556)
- Tax, wage and social debts +€6,394
up €6,394 (+26.6%), from €24,007 to €30,401
of which Taxes: +€6,394
- Current portion of long-term debt +€2,832
up €2,832 (+22.1%), from €12,817 to €15,649
- Gross operating margin +€5,423
up €5,423 (+11.6%), from €46,820 to €52,243
- Taxes +€2,521
new in 2025: €2,521
- Other operating charges -€835
down €835 (-17.1%), from €4,880 to €4,044
- Depreciation -€540
down €540 (-4.6%), from €11,785 to €11,245
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 | €100,905 | €115,189 | +€14,284 | +14.2% |
| Fixed assets | 21/28 | €66,684 | €63,351 | -€3,333 | -5.0% |
| Tangible fixed assets | 22/27 | €66,684 | €63,351 | -€3,333 | -5.0% |
| Land and buildings | 22 | €66,497 | €63,351 | -€3,146 | -4.7% |
| Furniture and vehicles | 24 | €186 | - | -€186 | |
| Current assets | 29/58 | €34,222 | €51,838 | +€17,617 | +51.5% |
| Amounts receivable within one year | 40/41 | €33,334 | €50,002 | +€16,667 | +50.0% |
| Trade receivables | 40 | €18,514 | €18,952 | +€437 | +2.4% |
| Other amounts receivable | 41 | €14,820 | €31,050 | +€16,230 | +110% |
| Cash at bank and in hand | 54/58 | - | €1,837 | +€1,837 | |
| Deferred charges and accrued income | 490/1 | €887 | - | -€887 | |
| Total equity and liabilities | 10/49 | €100,905 | €115,189 | +€14,284 | +14.2% |
| Equity | 10/15 | -€47,114 | -€26,222 | +€20,892 | +44.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,714 | -€44,822 | +€20,892 | +31.8% |
| Amounts payable | 17/49 | €148,019 | €141,411 | -€6,608 | -4.5% |
| Amounts payable after more than one year | 17 | €95,973 | €86,805 | -€9,168 | -9.6% |
| Financial debts | 170/4 | €95,973 | €86,805 | -€9,168 | -9.6% |
| Amounts payable within one year | 42/48 | €52,046 | €54,607 | +€2,560 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €12,817 | €15,649 | +€2,832 | +22.1% |
| Financial debts | 43 | €6,556 | - | -€6,556 | |
| Credit institutions | 430/8 | €6,556 | - | -€6,556 | |
| Trade debts | 44 | €7,767 | €7,657 | -€110 | -1.4% |
| Suppliers | 440/4 | €7,767 | €7,657 | -€110 | -1.4% |
| Taxes, remuneration and social security | 45 | €24,007 | €30,401 | +€6,394 | +26.6% |
| Taxes | 450/3 | €23,007 | €29,401 | +€6,394 | +27.8% |
| Remuneration and social security | 454/9 | €1,000 | €1,000 | = | 0.0% |
| Other amounts payable | 47/48 | €900 | €900 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €181 | - | -€181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,785 | €11,245 | -€540 | -4.6% |
| Other operating charges | 640/8 | €4,880 | €4,044 | -€835 | -17.1% |
| Gross operating margin | 9900 | €46,820 | €52,243 | +€5,423 | +11.6% |
| Operating profit (loss) | 9901 | €29,975 | €36,954 | +€6,979 | +23.3% |
| Financial income | 75/76B | €5 | €6 | +€1 | +21.8% |
| Recurring financial income | 75 | €5 | €6 | +€1 | +21.8% |
| Financial charges | 65/66B | €13,076 | €13,547 | +€471 | +3.6% |
| Recurring financial charges | 65 | €13,076 | €13,547 | +€471 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €16,904 | €23,413 | +€6,509 | +38.5% |
| Income taxes | 67/77 | - | €2,521 | +€2,521 | |
| Profit (loss) for the period | 9904 | €16,904 | €20,892 | +€3,988 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,904 | €20,892 | +€3,988 | +23.6% |
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 28 October 2026 via checked.be.