ESAZ CONSTRUCT: 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.
ESAZ CONSTRUCT
Largest movements
- Receivables within one year +€17,971
up €17,971 (+113.4%), from €15,850 to €33,821
of which Other amounts receivable: +€10,361
- Cash +€424
new in 2025: €424
mainly Net result for the year (+€13,146) and Tax, wage and social debts (+€2,927)
- Tangible fixed assets -€382
down €382 (-53.1%), from €719 to €337
- Profit (loss) carried forward +€13,146
up €13,146 (+288.0%), from €4,564 to €17,710
- Tax, wage and social debts +€2,927
up €2,927 (+1012.8%), from €289 to €3,216
- Trade debts +€1,973
up €1,973 (+18.0%), from €10,983 to €12,956
- Gross operating margin +€15,798
up €15,798 (+871.4%), from €1,813 to €17,611
- Taxes +€2,638
up €2,638 (+912.8%), from €289 to €2,927
- Financial charges +€1,579
new in 2025: €1,579
- Other operating charges -€1,012
down €1,012 (-87.2%), from €1,161 to €149
- Financial income -€433
down €433 (-43.0%), from €1,006 to €573
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 | €16,969 | €34,982 | +€18,013 | +106.2% |
| Fixed assets | 21/28 | €1,119 | €737 | -€382 | -34.1% |
| Tangible fixed assets | 22/27 | €719 | €337 | -€382 | -53.1% |
| Furniture and vehicles | 24 | €719 | €337 | -€382 | -53.1% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €15,850 | €34,245 | +€18,395 | +116.1% |
| Amounts receivable within one year | 40/41 | €15,850 | €33,821 | +€17,971 | +113.4% |
| Trade receivables | 40 | €10,687 | €18,297 | +€7,610 | +71.2% |
| Other amounts receivable | 41 | €5,163 | €15,524 | +€10,361 | +200.7% |
| Cash at bank and in hand | 54/58 | - | €424 | +€424 | |
| Total equity and liabilities | 10/49 | €16,969 | €34,982 | +€18,013 | +106.2% |
| Equity | 10/15 | €5,664 | €18,810 | +€13,146 | +232.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,564 | €17,710 | +€13,146 | +288.0% |
| Amounts payable | 17/49 | €11,305 | €16,172 | +€4,867 | +43.1% |
| Amounts payable within one year | 42/48 | €11,305 | €16,172 | +€4,867 | +43.1% |
| Financial debts | 43 | €33 | - | -€33 | |
| Credit institutions | 430/8 | €33 | - | -€33 | |
| Trade debts | 44 | €10,983 | €12,956 | +€1,973 | +18.0% |
| Suppliers | 440/4 | €10,983 | €12,956 | +€1,973 | +18.0% |
| Taxes, remuneration and social security | 45 | €289 | €3,216 | +€2,927 | +1012.8% |
| Taxes | 450/3 | €289 | €3,216 | +€2,927 | +1012.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €383 | €383 | = | 0.0% |
| Other operating charges | 640/8 | €1,161 | €149 | -€1,012 | -87.2% |
| Gross operating margin | 9900 | €1,813 | €17,611 | +€15,798 | +871.4% |
| Operating profit (loss) | 9901 | €269 | €17,079 | +€16,810 | +6249.1% |
| Financial income | 75/76B | €1,006 | €573 | -€433 | -43.0% |
| Recurring financial income | 75 | €1,006 | €573 | -€433 | -43.0% |
| Financial charges | 65/66B | - | €1,579 | +€1,579 | |
| Recurring financial charges | 65 | - | €1,579 | +€1,579 | |
| Profit (loss) for the period before taxes | 9903 | €1,275 | €16,073 | +€14,798 | +1160.6% |
| Income taxes | 67/77 | €289 | €2,927 | +€2,638 | +912.8% |
| Profit (loss) for the period | 9904 | €986 | €13,146 | +€12,160 | +1233.3% |
| Profit (loss) for the period to be appropriated | 9905 | €986 | €13,146 | +€12,160 | +1233.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.