ES Technics: 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 Technics
Largest movements
- Receivables within one year -€5,695
down €5,695 (-49.7%), from €11,460 to €5,765
of which Trade receivables: -€5,132
- Tangible fixed assets -€3,513
down €3,513 (-37.3%), from €9,410 to €5,898
- Cash +€1,137
up €1,137 (+74.9%), from €1,518 to €2,656
mainly Receivables within one year (+€5,695) and Depreciation (+€5,397)
- Deferred charges and accrued income +€311
up €311 (+11.1%), from €2,812 to €3,124
- Trade debts -€5,865
down €5,865 (-62.0%), from €9,457 to €3,592
- Tax, wage and social debts -€2,028
down €2,028 (-36.7%), from €5,533 to €3,505
of which Remuneration and social security: -€2,800
- Gross operating margin -€4,593
down €4,593 (-34.2%), from €13,438 to €8,846
- Depreciation +€2,363
up €2,363 (+77.9%), from €3,034 to €5,397
- Taxes -€1,919
down €1,919 (-71.3%), from €2,693 to €774
- Financial charges -€945
down €945 (-33.5%), from €2,818 to €1,873
- Other operating charges -€204
down €204 (-19.1%), from €1,069 to €865
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 | €25,202 | €17,441 | -€7,760 | -30.8% |
| Fixed assets | 21/28 | €9,410 | €5,898 | -€3,513 | -37.3% |
| Tangible fixed assets | 22/27 | €9,410 | €5,898 | -€3,513 | -37.3% |
| Land and buildings | 22 | €771 | €692 | -€79 | -10.2% |
| Plant, machinery and equipment | 23 | €2,731 | €998 | -€1,733 | -63.5% |
| Furniture and vehicles | 24 | €5,909 | €4,207 | -€1,702 | -28.8% |
| Current assets | 29/58 | €15,791 | €11,544 | -€4,247 | -26.9% |
| Amounts receivable within one year | 40/41 | €11,460 | €5,765 | -€5,695 | -49.7% |
| Trade receivables | 40 | €8,853 | €3,721 | -€5,132 | -58.0% |
| Other amounts receivable | 41 | €2,608 | €2,044 | -€564 | -21.6% |
| Cash at bank and in hand | 54/58 | €1,518 | €2,656 | +€1,137 | +74.9% |
| Deferred charges and accrued income | 490/1 | €2,812 | €3,124 | +€311 | +11.1% |
| Total equity and liabilities | 10/49 | €25,202 | €17,441 | -€7,760 | -30.8% |
| Equity | 10/15 | €8,843 | €8,785 | -€58 | -0.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,843 | €3,843 | = | 0.0% |
| Distributable reserves | 133 | €3,843 | €3,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€58 | -€58 | |
| Amounts payable | 17/49 | €16,358 | €8,656 | -€7,702 | -47.1% |
| Amounts payable within one year | 42/48 | €14,990 | €7,259 | -€7,730 | -51.6% |
| Trade debts | 44 | €9,457 | €3,592 | -€5,865 | -62.0% |
| Suppliers | 440/4 | €9,457 | €3,592 | -€5,865 | -62.0% |
| Advances received on contracts in progress | 46 | - | €163 | +€163 | |
| Taxes, remuneration and social security | 45 | €5,533 | €3,505 | -€2,028 | -36.7% |
| Taxes | 450/3 | €2,733 | €3,505 | +€772 | +28.3% |
| Remuneration and social security | 454/9 | €2,800 | - | -€2,800 | |
| Accrued charges and deferred income | 492/3 | €1,369 | €1,397 | +€28 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,034 | €5,397 | +€2,363 | +77.9% |
| Other operating charges | 640/8 | €1,069 | €865 | -€204 | -19.1% |
| Gross operating margin | 9900 | €13,438 | €8,846 | -€4,593 | -34.2% |
| Operating profit (loss) | 9901 | €9,335 | €2,584 | -€6,751 | -72.3% |
| Financial income | 75/76B | €19 | €5 | -€14 | -72.1% |
| Recurring financial income | 75 | €19 | €5 | -€14 | -72.1% |
| Financial charges | 65/66B | €2,818 | €1,873 | -€945 | -33.5% |
| Recurring financial charges | 65 | €2,818 | €1,873 | -€945 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | €6,536 | €716 | -€5,821 | -89.0% |
| Income taxes | 67/77 | €2,693 | €774 | -€1,919 | -71.3% |
| Profit (loss) for the period | 9904 | €3,843 | -€58 | -€3,901 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,843 | -€58 | -€3,901 |
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.