ES-SENCE: 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-SENCE
Largest movements
- Cash +€93,207
up €93,207 (+386.3%), from €24,130 to €117,337
mainly Net result for the year (+€46,473) and Current investments (+€23,500)
- Current investments -€23,500
down €23,500 (-11.5%), from €205,000 to €181,500
- Tangible fixed assets -€7,055
down €7,055 (-62.1%), from €11,360 to €4,305
of which Furniture and vehicles: -€5,055
- Receivables within one year -€5,452
down €5,452 (-8.0%), from €67,885 to €62,433
of which Other amounts receivable: -€4,265
- Reserves +€46,473
up €46,473 (+17.6%), from €263,450 to €309,923
- Other debts +€12,890
up €12,890 (+648.1%), from €1,989 to €14,879
- Gross operating margin +€10,094
up €10,094 (+17.5%), from €57,735 to €67,830
- Taxes +€3,696
up €3,696 (+26.0%), from €14,228 to €17,924
- Financial income +€1,764
up €1,764 (+80.7%), from €2,185 to €3,949
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 | €309,718 | €368,243 | +€58,525 | +18.9% |
| Fixed assets | 21/28 | €11,360 | €4,305 | -€7,055 | -62.1% |
| Tangible fixed assets | 22/27 | €11,360 | €4,305 | -€7,055 | -62.1% |
| Plant, machinery and equipment | 23 | €2,592 | €592 | -€2,000 | -77.2% |
| Furniture and vehicles | 24 | €8,768 | €3,713 | -€5,055 | -57.7% |
| Current assets | 29/58 | €298,358 | €363,938 | +€65,580 | +22.0% |
| Amounts receivable within one year | 40/41 | €67,885 | €62,433 | -€5,452 | -8.0% |
| Trade receivables | 40 | €49,588 | €48,400 | -€1,188 | -2.4% |
| Other amounts receivable | 41 | €18,298 | €14,033 | -€4,265 | -23.3% |
| Current investments | 50/53 | €205,000 | €181,500 | -€23,500 | -11.5% |
| Cash at bank and in hand | 54/58 | €24,130 | €117,337 | +€93,207 | +386.3% |
| Deferred charges and accrued income | 490/1 | €1,343 | €2,669 | +€1,325 | +98.7% |
| Total equity and liabilities | 10/49 | €309,718 | €368,243 | +€58,525 | +18.9% |
| Equity | 10/15 | €297,023 | €343,496 | +€46,473 | +15.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €263,450 | €309,923 | +€46,473 | +17.6% |
| Distributable reserves | 133 | €263,450 | €309,923 | +€46,473 | +17.6% |
| Profit (loss) carried forward | 14 | €21,173 | €21,173 | = | 0.0% |
| Amounts payable | 17/49 | €12,695 | €24,747 | +€12,052 | +94.9% |
| Amounts payable within one year | 42/48 | €12,695 | €24,747 | +€12,052 | +94.9% |
| Trade debts | 44 | €3,107 | €2,182 | -€925 | -29.8% |
| Suppliers | 440/4 | €3,107 | €2,182 | -€925 | -29.8% |
| Taxes, remuneration and social security | 45 | €7,600 | €7,687 | +€87 | +1.1% |
| Taxes | 450/3 | €7,600 | €7,687 | +€87 | +1.1% |
| Other amounts payable | 47/48 | €1,989 | €14,879 | +€12,890 | +648.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,603 | €7,055 | -€547 | -7.2% |
| Other operating charges | 640/8 | €381 | €259 | -€122 | -32.0% |
| Gross operating margin | 9900 | €57,735 | €67,830 | +€10,094 | +17.5% |
| Operating profit (loss) | 9901 | €49,751 | €60,515 | +€10,764 | +21.6% |
| Financial income | 75/76B | €2,185 | €3,949 | +€1,764 | +80.7% |
| Recurring financial income | 75 | €2,185 | €3,949 | +€1,764 | +80.7% |
| Financial charges | 65/66B | €71 | €67 | -€4 | -5.2% |
| Recurring financial charges | 65 | €71 | €67 | -€4 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €51,865 | €64,397 | +€12,531 | +24.2% |
| Income taxes | 67/77 | €14,228 | €17,924 | +€3,696 | +26.0% |
| Profit (loss) for the period | 9904 | €37,638 | €46,473 | +€8,835 | +23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,638 | €46,473 | +€8,835 | +23.5% |
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 12 October 2026 via checked.be.