E.S. TECHNIK: 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. TECHNIK
Largest movements
- Stocks and contracts -€122,981
no longer reported in 2025 (was €122,981)
- Receivables within one year +€106,685
up €106,685 (+108.9%), from €98,005 to €204,691
of which Trade receivables: +€97,989
- Tangible fixed assets +€49,574
up €49,574 (+780.2%), from €6,354 to €55,928
- Cash +€22,898
up €22,898 (+22.3%), from €102,472 to €125,369
mainly Stocks and contracts (+€122,981) and Net result for the year (+€81,128)
- Deferred charges and accrued income -€5,538
down €5,538 (-96.5%), from €5,737 to €199
- Other debts +€32,788
up €32,788 (+161.7%), from €20,275 to €53,063
- Profit (loss) carried forward +€9,700
up €9,700 (+4.2%), from €233,457 to €243,157
- Trade debts +€8,457
up €8,457 (+18.0%), from €46,966 to €55,424
- Gross operating margin +€72,695
up €72,695 (+30.9%), from €235,178 to €307,873
- Taxes +€13,004
up €13,004 (+152.6%), from €8,520 to €21,525
- Staff costs +€12,675
up €12,675 (+6.8%), from €187,414 to €200,089
- Financial charges -€3,713
down €3,713 (-53.6%), from €6,921 to €3,209
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 | €374,001 | €423,331 | +€49,329 | +13.2% |
| Formation expenses | 20 | €1,422 | €1,062 | -€360 | -25.3% |
| Fixed assets | 21/28 | €43,385 | €92,010 | +€48,625 | +112.1% |
| Tangible fixed assets | 22/27 | €6,354 | €55,928 | +€49,574 | +780.2% |
| Furniture and vehicles | 24 | €6,354 | €55,928 | +€49,574 | +780.2% |
| Financial fixed assets | 28 | €37,031 | €36,082 | -€949 | -2.6% |
| Current assets | 29/58 | €329,195 | €330,259 | +€1,064 | +0.3% |
| Stocks and contracts in progress | 3 | €122,981 | - | -€122,981 | |
| Contracts in progress | 37 | €122,981 | - | -€122,981 | |
| Amounts receivable within one year | 40/41 | €98,005 | €204,691 | +€106,685 | +108.9% |
| Trade receivables | 40 | €93,208 | €191,198 | +€97,989 | +105.1% |
| Other amounts receivable | 41 | €4,797 | €13,493 | +€8,696 | +181.3% |
| Cash at bank and in hand | 54/58 | €102,472 | €125,369 | +€22,898 | +22.3% |
| Deferred charges and accrued income | 490/1 | €5,737 | €199 | -€5,538 | -96.5% |
| Total equity and liabilities | 10/49 | €374,001 | €423,331 | +€49,329 | +13.2% |
| Equity | 10/15 | €253,917 | €263,617 | +€9,700 | +3.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €233,457 | €243,157 | +€9,700 | +4.2% |
| Amounts payable | 17/49 | €120,085 | €159,714 | +€39,630 | +33.0% |
| Amounts payable within one year | 42/48 | €120,085 | €159,714 | +€39,630 | +33.0% |
| Trade debts | 44 | €46,966 | €55,424 | +€8,457 | +18.0% |
| Suppliers | 440/4 | €46,966 | €55,424 | +€8,457 | +18.0% |
| Taxes, remuneration and social security | 45 | €52,843 | €51,228 | -€1,616 | -3.1% |
| Taxes | 450/3 | €52,843 | €25,574 | -€27,270 | -51.6% |
| Remuneration and social security | 454/9 | - | €25,654 | +€25,654 | |
| Other amounts payable | 47/48 | €20,275 | €53,063 | +€32,788 | +161.7% |
| Remuneration, social security and pensions | 62 | €187,414 | €200,089 | +€12,675 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,154 | €4,314 | -€840 | -16.3% |
| Other operating charges | 640/8 | €1,583 | €893 | -€690 | -43.6% |
| Gross operating margin | 9900 | €235,178 | €307,873 | +€72,695 | +30.9% |
| Operating profit (loss) | 9901 | €41,027 | €102,577 | +€61,550 | +150.0% |
| Financial income | 75/76B | €2,132 | €3,284 | +€1,153 | +54.1% |
| Recurring financial income | 75 | €2,132 | €103 | -€2,029 | -95.2% |
| Non-recurring financial income | 76B | - | €3,182 | +€3,182 | |
| Financial charges | 65/66B | €6,921 | €3,209 | -€3,713 | -53.6% |
| Recurring financial charges | 65 | €6,921 | €3,209 | -€3,713 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €36,237 | €102,653 | +€66,416 | +183.3% |
| Income taxes | 67/77 | €8,520 | €21,525 | +€13,004 | +152.6% |
| Profit (loss) for the period | 9904 | €27,717 | €81,128 | +€53,412 | +192.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,717 | €81,128 | +€53,412 | +192.7% |
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 9 October 2026 via checked.be.