ESAMS: 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.
ESAMS
Largest movements
- Tangible fixed assets -€81,081
down €81,081 (-24.6%), from €329,340 to €248,260
of which Land and buildings: -€78,126
- Cash +€20,751
up €20,751 (+261%), from €7,955 to €28,706
mainly Depreciation (+€95,722) and Other debts (+€17,795)
- Intangible fixed assets +€7,545
up €7,545 (+45.3%), from €16,643 to €24,188
- Receivables within one year -€5,411
down €5,411 (-19.8%), from €27,361 to €21,950
- Debts after one year -€63,471
down €63,471 (-45.3%), from €140,070 to €76,599
of which Financial debts: -€63,471
- Other debts +€17,795
up €17,795 (+227%), from €7,851 to €25,647
- Reserves -€12,004
down €12,004 (-8.6%), from €139,147 to €127,142
of which Distributable reserves: -€12,004
- Gross operating margin -€2,319
down €2,319 (-1.7%), from €138,674 to €136,355
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 | €382,357 | €323,388 | -€58,969 | -15.4% |
| Fixed assets | 21/28 | €345,998 | €272,462 | -€73,536 | -21.3% |
| Intangible fixed assets | 21 | €16,643 | €24,188 | +€7,545 | +45.3% |
| Tangible fixed assets | 22/27 | €329,340 | €248,260 | -€81,081 | -24.6% |
| Land and buildings | 22 | €316,878 | €238,752 | -€78,126 | -24.7% |
| Plant, machinery and equipment | 23 | €7,263 | €6,504 | -€759 | -10.5% |
| Furniture and vehicles | 24 | €5,200 | €3,004 | -€2,195 | -42.2% |
| Financial fixed assets | 28 | €15 | €15 | = | 0.0% |
| Current assets | 29/58 | €36,359 | €50,926 | +€14,567 | +40.1% |
| Amounts receivable within one year | 40/41 | €27,361 | €21,950 | -€5,411 | -19.8% |
| Trade receivables | 40 | €27,361 | €21,950 | -€5,411 | -19.8% |
| Cash at bank and in hand | 54/58 | €7,955 | €28,706 | +€20,751 | +261% |
| Deferred charges and accrued income | 490/1 | €1,043 | €270 | -€773 | -74.2% |
| Total equity and liabilities | 10/49 | €382,357 | €323,388 | -€58,969 | -15.4% |
| Equity | 10/15 | €151,547 | €139,542 | -€12,004 | -7.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €139,147 | €127,142 | -€12,004 | -8.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €137,287 | €125,282 | -€12,004 | -8.7% |
| Amounts payable | 17/49 | €230,810 | €183,846 | -€46,965 | -20.3% |
| Amounts payable after more than one year | 17 | €140,070 | €76,599 | -€63,471 | -45.3% |
| Financial debts | 170/4 | €139,830 | €76,359 | -€63,471 | -45.4% |
| Other amounts payable | 178/9 | €240 | €240 | = | 0.0% |
| Amounts payable within one year | 42/48 | €90,740 | €105,249 | +€14,508 | +16.0% |
| Current portion of amounts payable after more than one year | 42 | €40,936 | €41,703 | +€767 | +1.9% |
| Trade debts | 44 | €12,788 | €9,512 | -€3,277 | -25.6% |
| Suppliers | 440/4 | €12,788 | €9,512 | -€3,277 | -25.6% |
| Taxes, remuneration and social security | 45 | €29,164 | €28,387 | -€777 | -2.7% |
| Taxes | 450/3 | €29,164 | €28,387 | -€777 | -2.7% |
| Other amounts payable | 47/48 | €7,851 | €25,647 | +€17,795 | +227% |
| Accrued charges and deferred income | 492/3 | - | €1,998 | +€1,998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,693 | €95,722 | +€1,029 | +1.1% |
| Other operating charges | 640/8 | €4,396 | €4,602 | +€206 | +4.7% |
| Gross operating margin | 9900 | €138,674 | €136,355 | -€2,319 | -1.7% |
| Operating profit (loss) | 9901 | €39,584 | €36,031 | -€3,554 | -9.0% |
| Financial income | 75/76B | €3 | €1 | -€1 | -46.4% |
| Recurring financial income | 75 | €3 | €1 | -€1 | -46.4% |
| Financial charges | 65/66B | €4,829 | €4,195 | -€634 | -13.1% |
| Recurring financial charges | 65 | €4,829 | €4,195 | -€634 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €34,757 | €31,837 | -€2,921 | -8.4% |
| Income taxes | 67/77 | €19,039 | €18,194 | -€845 | -4.4% |
| Profit (loss) for the period | 9904 | €15,718 | €13,642 | -€2,076 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,718 | €13,642 | -€2,076 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.