ES SOLUTION: what changed
Two fiscal 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 SOLUTION
Largest movements
- Tangible fixed assets +€44,027
new in 2025: €44,027
- Receivables within one year +€3,260
up €3,260 (+38.1%), from €8,550 to €11,810
of which Other amounts receivable: +€9,399
- Cash +€2,537
up €2,537 (+39.0%), from €6,508 to €9,045
mainly Debts after one year (+€37,265) and Current portion of long-term debt (+€7,694)
- Debts after one year +€37,265
new in 2025: €37,265
- Current portion of long-term debt +€7,694
new in 2025: €7,694
- Tax, wage and social debts +€4,442
up €4,442 (+57.4%), from €7,744 to €12,186
of which Remuneration and social security: +€3,040
- Advances received +€1,684
new in 2025: €1,684
- Trade debts -€1,422
down €1,422 (-44.3%), from €3,212 to €1,790
- Depreciation +€4,640
new in 2025: €4,640
- Taxes +€1,339
up €1,339, from €0 to €1,339
- Financial charges +€1,185
up €1,185 (+423.0%), from €280 to €1,465
- Gross operating margin -€516
down €516 (-3.5%), from €14,787 to €14,270
- Financial income +€509
new in 2025: €509
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 | €15,118 | €65,450 | +€50,332 | +332.9% |
| Fixed assets | 21/28 | €60 | €44,087 | +€44,027 | +73378.0% |
| Tangible fixed assets | 22/27 | - | €44,027 | +€44,027 | |
| Leasing and similar rights | 25 | - | €44,027 | +€44,027 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €15,058 | €21,364 | +€6,306 | +41.9% |
| Amounts receivable within one year | 40/41 | €8,550 | €11,810 | +€3,260 | +38.1% |
| Trade receivables | 40 | €7,532 | €1,392 | -€6,140 | -81.5% |
| Other amounts receivable | 41 | €1,019 | €10,418 | +€9,399 | +922.8% |
| Cash at bank and in hand | 54/58 | €6,508 | €9,045 | +€2,537 | +39.0% |
| Deferred charges and accrued income | 490/1 | - | €509 | +€509 | |
| Total equity and liabilities | 10/49 | €15,118 | €65,450 | +€50,332 | +332.9% |
| Equity | 10/15 | €4,162 | €4,832 | +€670 | +16.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €1,600 | €2,332 | +€732 | +45.8% |
| Distributable reserves | 133 | €1,600 | €2,332 | +€732 | +45.8% |
| Profit (loss) carried forward | 14 | €62 | €0 | -€62 | -99.7% |
| Amounts payable | 17/49 | €10,956 | €60,618 | +€49,663 | +453.3% |
| Amounts payable after more than one year | 17 | - | €37,265 | +€37,265 | |
| Financial debts | 170/4 | - | €37,265 | +€37,265 | |
| Amounts payable within one year | 42/48 | €10,956 | €23,354 | +€12,398 | +113.2% |
| Current portion of amounts payable after more than one year | 42 | - | €7,694 | +€7,694 | |
| Trade debts | 44 | €3,212 | €1,790 | -€1,422 | -44.3% |
| Suppliers | 440/4 | €3,212 | €1,790 | -€1,422 | -44.3% |
| Advances received on contracts in progress | 46 | - | €1,684 | +€1,684 | |
| Taxes, remuneration and social security | 45 | €7,744 | €12,186 | +€4,442 | +57.4% |
| Taxes | 450/3 | €7,744 | €9,147 | +€1,403 | +18.1% |
| Remuneration and social security | 454/9 | - | €3,040 | +€3,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,640 | +€4,640 | |
| Other operating charges | 640/8 | €984 | €665 | -€319 | -32.4% |
| Gross operating margin | 9900 | €14,787 | €14,270 | -€516 | -3.5% |
| Operating profit (loss) | 9901 | €13,803 | €8,965 | -€4,837 | -35.0% |
| Financial income | 75/76B | - | €509 | +€509 | |
| Recurring financial income | 75 | - | €509 | +€509 | |
| Financial charges | 65/66B | €280 | €1,465 | +€1,185 | +423.0% |
| Recurring financial charges | 65 | €280 | €1,465 | +€1,185 | +423.0% |
| Profit (loss) for the period before taxes | 9903 | €13,522 | €8,009 | -€5,513 | -40.8% |
| Income taxes | 67/77 | €0 | €1,339 | +€1,339 | |
| Profit (loss) for the period | 9904 | €13,522 | €6,670 | -€6,853 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,522 | €6,670 | -€6,853 | -50.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.