ES Europe: what changed
What changed
ES Europe
NACE 46.643, Wholesale of electrical equipment, including installation materials
filed annual accounts (NBB)
Net result for the year
-€1,327
2024 · -€9,400+€8,073
Equity
€347,394
2024 · €348,721-€1,327
Cash
€2,539
2024 · €3,082-€543
Balance sheet total
€351,841
2024 · €355,362-€3,521
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€7,361
up €7,361 (+80.9%), from -€9,094 to -€1,734
- Financial income +€557
new in 2025: €557
- Financial charges -€155
down €155 (-50.9%), from €305 to €150
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€9,400
Gross operating margin
+€7,361
Financial income
+€557
Financial charges
+€155
Result 2025
-€1,327
raises the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€543
Investment
€0
Financing
€0
Cash 2024
€3,082
From operations (derived)
-€543
Net result for the year
-€1,327
Receivables within one year
+€3,534
Deferred charges and accrued income
-€557
Trade debts
-€2,594
Accrued charges and deferred income
+€400
Cash 2025
€2,539
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,362 | €351,841 | -€3,521 | -1.0% |
| Current assets | 29/58 | €355,362 | €351,841 | -€3,521 | -1.0% |
| Stocks and contracts in progress | 3 | €332,787 | €332,787 | = | 0.0% |
| Stocks | 30/36 | €332,787 | €332,787 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,493 | €15,959 | -€3,534 | -18.1% |
| Other amounts receivable | 41 | €19,493 | €15,959 | -€3,534 | -18.1% |
| Cash at bank and in hand | 54/58 | €3,082 | €2,539 | -€543 | -17.6% |
| Deferred charges and accrued income | 490/1 | - | €557 | +€557 | |
| Total equity and liabilities | 10/49 | €355,362 | €351,841 | -€3,521 | -1.0% |
| Equity | 10/15 | €348,721 | €347,394 | -€1,327 | -0.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,279 | -€52,606 | -€1,327 | -2.6% |
| Amounts payable | 17/49 | €6,641 | €4,447 | -€2,194 | -33.0% |
| Amounts payable within one year | 42/48 | €6,641 | €4,047 | -€2,594 | -39.1% |
| Trade debts | 44 | €5,949 | €3,355 | -€2,594 | -43.6% |
| Suppliers | 440/4 | €5,949 | €3,355 | -€2,594 | -43.6% |
| Other amounts payable | 47/48 | €692 | €692 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Gross operating margin | 9900 | -€9,094 | -€1,734 | +€7,361 | +80.9% |
| Operating profit (loss) | 9901 | -€9,094 | -€1,734 | +€7,361 | +80.9% |
| Financial income | 75/76B | - | €557 | +€557 | |
| Recurring financial income | 75 | - | €557 | +€557 | |
| Financial charges | 65/66B | €305 | €150 | -€155 | -50.9% |
| Recurring financial charges | 65 | €305 | €150 | -€155 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€9,400 | -€1,327 | +€8,073 | +85.9% |
| Profit (loss) for the period | 9904 | -€9,400 | -€1,327 | +€8,073 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,400 | -€1,327 | +€8,073 | +85.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.