ESAY: 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.
ESAY
Largest movements
- Tangible fixed assets -€8,373
down €8,373 (-3.6%), from €231,033 to €222,660
- Cash -€7,729
down €7,729 (-21.6%), from €35,789 to €28,060
mainly Debts after one year (-€9,108) and Receivables within one year (-€5,146)
- Receivables within one year +€5,146
up €5,146 (+63.2%), from €8,144 to €13,289
of which Other amounts receivable: +€4,121
- Debts after one year -€9,108
down €9,108 (-4.7%), from €194,375 to €185,267
- Trade debts +€6,213
up €6,213 (+880.6%), from €706 to €6,919
- Tax, wage and social debts -€3,390
down €3,390 (-57.9%), from €5,853 to €2,463
of which Remuneration and social security: -€2,903
- Profit (loss) carried forward -€3,355
down €3,355 (-9.3%), from €36,078 to €32,723
- Gross operating margin -€6,889
down €6,889 (-14.5%), from €47,606 to €40,717
- Staff costs -€2,557
down €2,557 (-9.2%), from €27,691 to €25,134
- Other operating charges -€2,335
down €2,335 (-46.0%), from €5,075 to €2,740
- Taxes +€2,059
up €2,059 (+163.5%), from €1,259 to €3,319
- Financial charges +€1,530
up €1,530 (+51.2%), from €2,989 to €4,519
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €274,966 | €264,150 | -€10,816 | -3.9% |
| Fixed assets | 21/28 | €231,033 | €222,660 | -€8,373 | -3.6% |
| Tangible fixed assets | 22/27 | €231,033 | €222,660 | -€8,373 | -3.6% |
| Land and buildings | 22 | €231,033 | €222,660 | -€8,373 | -3.6% |
| Current assets | 29/58 | €43,933 | €41,490 | -€2,443 | -5.6% |
| Amounts receivable within one year | 40/41 | €8,144 | €13,289 | +€5,146 | +63.2% |
| Trade receivables | 40 | €4,677 | €5,702 | +€1,024 | +21.9% |
| Other amounts receivable | 41 | €3,466 | €7,587 | +€4,121 | +118.9% |
| Cash at bank and in hand | 54/58 | €35,789 | €28,060 | -€7,729 | -21.6% |
| Deferred charges and accrued income | 490/1 | - | €140 | +€140 | |
| Total equity and liabilities | 10/49 | €274,966 | €264,150 | -€10,816 | -3.9% |
| Equity | 10/15 | €62,407 | €59,052 | -€3,355 | -5.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €20,129 | €20,129 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,339 | €1,339 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,339 | €1,339 | = | 0.0% |
| Distributable reserves | 133 | €18,790 | €18,790 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,078 | €32,723 | -€3,355 | -9.3% |
| Amounts payable | 17/49 | €212,559 | €205,098 | -€7,461 | -3.5% |
| Amounts payable after more than one year | 17 | €194,375 | €185,267 | -€9,108 | -4.7% |
| Financial debts | 170/4 | €194,375 | €185,267 | -€9,108 | -4.7% |
| Amounts payable within one year | 42/48 | €18,183 | €19,831 | +€1,647 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €11,624 | €10,449 | -€1,175 | -10.1% |
| Trade debts | 44 | €706 | €6,919 | +€6,213 | +880.6% |
| Suppliers | 440/4 | €706 | €6,919 | +€6,213 | +880.6% |
| Taxes, remuneration and social security | 45 | €5,853 | €2,463 | -€3,390 | -57.9% |
| Taxes | 450/3 | €2,951 | €2,463 | -€488 | -16.5% |
| Remuneration and social security | 454/9 | €2,903 | - | -€2,903 | |
| Remuneration, social security and pensions | 62 | €27,691 | €25,134 | -€2,557 | -9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,373 | €8,373 | = | 0.0% |
| Other operating charges | 640/8 | €5,075 | €2,740 | -€2,335 | -46.0% |
| Gross operating margin | 9900 | €47,606 | €40,717 | -€6,889 | -14.5% |
| Operating profit (loss) | 9901 | €6,468 | €4,470 | -€1,997 | -30.9% |
| Financial income | 75/76B | €381 | €12 | -€369 | -96.9% |
| Recurring financial income | 75 | €381 | €12 | -€369 | -96.9% |
| Non-recurring financial income | 76B | €381 | - | -€381 | |
| Financial charges | 65/66B | €2,989 | €4,519 | +€1,530 | +51.2% |
| Recurring financial charges | 65 | €2,989 | €4,519 | +€1,530 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €3,860 | -€37 | -€3,896 | |
| Income taxes | 67/77 | €1,259 | €3,319 | +€2,059 | +163.5% |
| Profit (loss) for the period | 9904 | €2,600 | -€3,355 | -€5,955 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,600 | -€3,355 | -€5,955 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.