ES Accountancy: 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.
ES Accountancy
Largest movements
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€46,191
up €46,191 (+177%), from €26,092 to €72,283
mainly Current investments (+€50,000) and Depreciation (+€43,545)
- Intangible fixed assets -€40,000
down €40,000 (-25.0%), from €159,890 to €119,890
- Receivables within one year +€5,423
up €5,423 (+301%), from €1,803 to €7,226
of which Trade receivables: +€5,491
- Tangible fixed assets -€3,545
down €3,545 (-43.4%), from €8,178 to €4,632
- Debts after one year -€84,950
down €84,950 (-55.4%), from €153,312 to €68,361
- Reserves +€42,001
up €42,001 (+93.1%), from €45,105 to €87,106
- Depreciation +€1,454
up €1,454 (+3.5%), from €42,091 to €43,545
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 | €245,963 | €204,032 | -€41,931 | -17.0% |
| Fixed assets | 21/28 | €168,068 | €124,523 | -€43,545 | -25.9% |
| Intangible fixed assets | 21 | €159,890 | €119,890 | -€40,000 | -25.0% |
| Tangible fixed assets | 22/27 | €8,178 | €4,632 | -€3,545 | -43.4% |
| Plant, machinery and equipment | 23 | €8,178 | €4,632 | -€3,545 | -43.4% |
| Current assets | 29/58 | €77,895 | €79,509 | +€1,614 | +2.1% |
| Amounts receivable within one year | 40/41 | €1,803 | €7,226 | +€5,423 | +301% |
| Trade receivables | 40 | €1,709 | €7,200 | +€5,491 | +321% |
| Other amounts receivable | 41 | €94 | €26 | -€68 | -72.7% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €26,092 | €72,283 | +€46,191 | +177% |
| Total equity and liabilities | 10/49 | €245,963 | €204,032 | -€41,931 | -17.0% |
| Equity | 10/15 | €45,205 | €87,206 | +€42,001 | +92.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €45,105 | €87,106 | +€42,001 | +93.1% |
| Distributable reserves | 133 | €45,105 | €87,106 | +€42,001 | +93.1% |
| Amounts payable | 17/49 | €200,758 | €116,826 | -€83,932 | -41.8% |
| Amounts payable after more than one year | 17 | €153,312 | €68,361 | -€84,950 | -55.4% |
| Financial debts | 170/4 | €153,312 | €68,361 | -€84,950 | -55.4% |
| Amounts payable within one year | 42/48 | €47,447 | €48,465 | +€1,018 | +2.1% |
| Financial debts | 43 | €23,864 | €24,950 | +€1,087 | +4.6% |
| Credit institutions | 430/8 | €23,864 | €24,950 | +€1,087 | +4.6% |
| Trade debts | 44 | €3,944 | €3,996 | +€53 | +1.3% |
| Suppliers | 440/4 | €3,944 | €3,996 | +€53 | +1.3% |
| Taxes, remuneration and social security | 45 | €19,639 | €19,518 | -€121 | -0.6% |
| Taxes | 450/3 | €19,639 | €19,518 | -€121 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,091 | €43,545 | +€1,454 | +3.5% |
| Other operating charges | 640/8 | €387 | €564 | +€176 | +45.5% |
| Gross operating margin | 9900 | €102,134 | €101,684 | -€450 | -0.4% |
| Operating profit (loss) | 9901 | €59,656 | €57,575 | -€2,081 | -3.5% |
| Financial income | 75/76B | €8 | €823 | +€815 | +10,507% |
| Recurring financial income | 75 | €8 | €823 | +€815 | +10,507% |
| Financial charges | 65/66B | €5,207 | €4,422 | -€785 | -15.1% |
| Recurring financial charges | 65 | €5,207 | €4,422 | -€785 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €54,456 | €53,976 | -€481 | -0.9% |
| Income taxes | 67/77 | €11,716 | €11,975 | +€259 | +2.2% |
| Profit (loss) for the period | 9904 | €42,740 | €42,001 | -€739 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,740 | €42,001 | -€739 | -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 27 October 2026 via checked.be.