ES TEAM: 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 TEAM
Largest movements
- Cash -€4,468
down €4,468 (-88.1%), from €5,069 to €602
mainly Net result for the year (-€9,619) and Trade debts (-€2,213)
- Receivables within one year -€3,464
down €3,464 (-50.9%), from €6,807 to €3,344
of which Trade receivables: -€3,559
- Profit (loss) carried forward -€9,619
down €9,619 (-348%), from -€2,767 to -€12,387
- Other debts +€3,901
up €3,901 (+52.5%), from €7,431 to €11,332
- Trade debts -€2,213
down €2,213 (-100%), from €2,213 to €0
- Gross operating margin -€6,489
down €6,489 (-219%), from -€2,960 to -€9,449
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 | €11,877 | €3,946 | -€7,931 | -66.8% |
| Current assets | 29/58 | €11,877 | €3,946 | -€7,931 | -66.8% |
| Amounts receivable within one year | 40/41 | €6,807 | €3,344 | -€3,464 | -50.9% |
| Trade receivables | 40 | €6,756 | €3,196 | -€3,559 | -52.7% |
| Other amounts receivable | 41 | €52 | €147 | +€96 | +186% |
| Cash at bank and in hand | 54/58 | €5,069 | €602 | -€4,468 | -88.1% |
| Total equity and liabilities | 10/49 | €11,877 | €3,946 | -€7,931 | -66.8% |
| Equity | 10/15 | €2,233 | -€7,387 | -€9,619 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,767 | -€12,387 | -€9,619 | -348% |
| Amounts payable | 17/49 | €9,644 | €11,332 | +€1,688 | +17.5% |
| Amounts payable within one year | 42/48 | €9,644 | €11,332 | +€1,688 | +17.5% |
| Trade debts | 44 | €2,213 | €0 | -€2,213 | -100% |
| Suppliers | 440/4 | €2,213 | €0 | -€2,213 | -100% |
| Other amounts payable | 47/48 | €7,431 | €11,332 | +€3,901 | +52.5% |
| Gross operating margin | 9900 | -€2,960 | -€9,449 | -€6,489 | -219% |
| Operating profit (loss) | 9901 | -€2,960 | -€9,449 | -€6,489 | -219% |
| Financial charges | 65/66B | €146 | €170 | +€24 | +16.8% |
| Recurring financial charges | 65 | €146 | €170 | +€24 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,106 | -€9,619 | -€6,513 | -210% |
| Profit (loss) for the period | 9904 | -€3,106 | -€9,619 | -€6,513 | -210% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,106 | -€9,619 | -€6,513 | -210% |
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 18 October 2026 via checked.be.