ESA TECHNOLOGIE: 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.
ESA TECHNOLOGIE
Largest movements
- Stocks and contracts +€4,686
up €4,686 (+17.4%), from €26,856 to €31,541
of which Contracts in progress: +€4,150
- Receivables within one year -€3,135
down €3,135 (-17.8%), from €17,606 to €14,471
of which Other amounts receivable: -€4,038
- Cash +€1,602
new in 2025: €1,602
mainly Contributions, distributions and other (+€11,615) and Depreciation (+€11,108)
- Tangible fixed assets +€1,290
up €1,290 (+3.1%), from €41,664 to €42,955
of which Plant, machinery and equipment: +€9,292
- Trade debts +€9,939
up €9,939 (+101%), from €9,831 to €19,770
- Debts after one year -€7,007
down €7,007 (-21.3%), from €32,821 to €25,814
- Short-term financial debts -€6,437
no longer reported in 2025 (was €6,437)
- Profit (loss) carried forward +€4,873
up €4,873 (+21.3%), from -€22,844 to -€17,971
- Tax, wage and social debts -€4,237
down €4,237 (-37.0%), from €11,446 to €7,209
of which Taxes: -€5,020
- Gross operating margin +€14,979
up €14,979 (+40.4%), from €37,091 to €52,070
- Depreciation +€5,666
up €5,666 (+104%), from €5,442 to €11,108
- Staff costs +€2,612
up €2,612 (+6.5%), from €40,288 to €42,900
- Financial charges +€1,893
up €1,893 (+99.4%), from €1,903 to €3,796
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 | €86,126 | €90,718 | +€4,592 | +5.3% |
| Fixed assets | 21/28 | €41,664 | €42,955 | +€1,290 | +3.1% |
| Tangible fixed assets | 22/27 | €41,664 | €42,955 | +€1,290 | +3.1% |
| Plant, machinery and equipment | 23 | - | €9,292 | +€9,292 | |
| Furniture and vehicles | 24 | €1,949 | €2,073 | +€124 | +6.4% |
| Leasing and similar rights | 25 | €39,715 | €31,590 | -€8,126 | -20.5% |
| Current assets | 29/58 | €44,462 | €47,764 | +€3,302 | +7.4% |
| Stocks and contracts in progress | 3 | €26,856 | €31,541 | +€4,686 | +17.4% |
| Stocks | 30/36 | €5,756 | €6,291 | +€536 | +9.3% |
| Contracts in progress | 37 | €21,100 | €25,250 | +€4,150 | +19.7% |
| Amounts receivable within one year | 40/41 | €17,606 | €14,471 | -€3,135 | -17.8% |
| Trade receivables | 40 | €6,766 | €7,670 | +€904 | +13.4% |
| Other amounts receivable | 41 | €10,840 | €6,801 | -€4,038 | -37.3% |
| Cash at bank and in hand | 54/58 | - | €1,602 | +€1,602 | |
| Deferred charges and accrued income | 490/1 | - | €149 | +€149 | |
| Total equity and liabilities | 10/49 | €86,126 | €90,718 | +€4,592 | +5.3% |
| Equity | 10/15 | -€2,393 | €2,480 | +€4,873 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,844 | -€17,971 | +€4,873 | +21.3% |
| Amounts payable | 17/49 | €88,519 | €88,238 | -€280 | -0.3% |
| Amounts payable after more than one year | 17 | €32,821 | €25,814 | -€7,007 | -21.3% |
| Financial debts | 170/4 | €32,821 | €25,814 | -€7,007 | -21.3% |
| Amounts payable within one year | 42/48 | €55,535 | €62,242 | +€6,707 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €6,717 | €7,007 | +€290 | +4.3% |
| Financial debts | 43 | €6,437 | - | -€6,437 | |
| Credit institutions | 430/8 | €6,437 | - | -€6,437 | |
| Trade debts | 44 | €9,831 | €19,770 | +€9,939 | +101% |
| Suppliers | 440/4 | €9,831 | €19,770 | +€9,939 | +101% |
| Advances received on contracts in progress | 46 | €21,104 | €25,256 | +€4,153 | +19.7% |
| Taxes, remuneration and social security | 45 | €11,446 | €7,209 | -€4,237 | -37.0% |
| Taxes | 450/3 | €6,840 | €1,820 | -€5,020 | -73.4% |
| Remuneration and social security | 454/9 | €4,606 | €5,388 | +€782 | +17.0% |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €163 | €183 | +€20 | +12.0% |
| Remuneration, social security and pensions | 62 | €40,288 | €42,900 | +€2,612 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,442 | €11,108 | +€5,666 | +104% |
| Other operating charges | 640/8 | €1,213 | €1,130 | -€83 | -6.8% |
| Gross operating margin | 9900 | €37,091 | €52,070 | +€14,979 | +40.4% |
| Operating profit (loss) | 9901 | -€9,852 | -€3,068 | +€6,784 | +68.9% |
| Financial income | 75/76B | €435 | €122 | -€314 | -72.0% |
| Recurring financial income | 75 | €435 | €122 | -€314 | -72.0% |
| Financial charges | 65/66B | €1,903 | €3,796 | +€1,893 | +99.4% |
| Recurring financial charges | 65 | €1,903 | €3,796 | +€1,893 | +99.4% |
| Profit (loss) for the period before taxes | 9903 | -€11,320 | -€6,742 | +€4,578 | +40.4% |
| Profit (loss) for the period | 9904 | -€11,320 | -€6,742 | +€4,578 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,320 | -€6,742 | +€4,578 | +40.4% |
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 31 October 2026 via checked.be.