ESBE INTERNATIONAL: 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.
ESBE INTERNATIONAL
Largest movements
- Receivables within one year -€4.3m
down €4.3m (-72.5%), from €5.9m to €1.6m
of which Trade receivables: -€4.6m
- Cash +€3.5m
up €3.5m (+921%), from €384,497 to €3.9m
mainly Receivables within one year (+€4.3m) and Net result for the year (+€776,701)
- Deferred charges and accrued income -€289,524
down €289,524 (-71.8%), from €403,251 to €113,727
- Profit (loss) carried forward -€668,705
down €668,705 (-13.1%), from €5.1m to €4.4m
- Trade debts -€636,869
down €636,869 (-100%), from €636,869 to €0
- Other debts +€205,623
up €205,623 (+92.0%), from €223,608 to €429,231
- Tax, wage and social debts +€139,613
up €139,613 (+189%), from €74,044 to €213,657
of which Taxes: +€129,659
- Debts after one year -€87,652
down €87,652 (-76.7%), from €114,281 to €26,629
of which Other amounts payable: -€74,000
- Gross operating margin -€435,258
down €435,258 (-21.0%), from €2.1m to €1.6m
- Taxes -€241,768
down €241,768 (-51.7%), from €467,628 to €225,860
- Staff costs +€90,588
up €90,588 (+18.4%), from €491,140 to €581,728
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 | €6,783,371 | €5,741,752 | -€1.0m | -15.4% |
| Fixed assets | 21/28 | €124,114 | €87,971 | -€36,144 | -29.1% |
| Tangible fixed assets | 22/27 | €124,114 | €87,971 | -€36,144 | -29.1% |
| Land and buildings | 22 | €40,255 | €32,055 | -€8,200 | -20.4% |
| Plant, machinery and equipment | 23 | €723 | €1,405 | +€682 | +94.3% |
| Furniture and vehicles | 24 | €83,136 | €54,511 | -€28,625 | -34.4% |
| Current assets | 29/58 | €6,659,257 | €5,653,781 | -€1.0m | -15.1% |
| Amounts receivable within one year | 40/41 | €5,871,509 | €1,615,029 | -€4.3m | -72.5% |
| Trade receivables | 40 | €5,869,509 | €1,297,445 | -€4.6m | -77.9% |
| Other amounts receivable | 41 | €2,000 | €317,584 | +€315,584 | +15,779% |
| Cash at bank and in hand | 54/58 | €384,497 | €3,925,024 | +€3.5m | +921% |
| Deferred charges and accrued income | 490/1 | €403,251 | €113,727 | -€289,524 | -71.8% |
| Total equity and liabilities | 10/49 | €6,783,371 | €5,741,752 | -€1.0m | -15.4% |
| Equity | 10/15 | €5,694,558 | €5,025,853 | -€668,705 | -11.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €545,390 | €545,390 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €170,478 | €170,478 | = | 0.0% |
| Distributable reserves | 133 | €368,712 | €368,712 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,087,168 | €4,418,463 | -€668,705 | -13.1% |
| Amounts payable | 17/49 | €1,088,813 | €715,899 | -€372,914 | -34.2% |
| Amounts payable after more than one year | 17 | €114,281 | €26,629 | -€87,652 | -76.7% |
| Financial debts | 170/4 | €40,281 | €26,629 | -€13,652 | -33.9% |
| Other amounts payable | 178/9 | €74,000 | €0 | -€74,000 | -100% |
| Amounts payable within one year | 42/48 | €934,521 | €642,888 | -€291,633 | -31.2% |
| Trade debts | 44 | €636,869 | €0 | -€636,869 | -100% |
| Suppliers | 440/4 | €636,869 | €0 | -€636,869 | -100% |
| Taxes, remuneration and social security | 45 | €74,044 | €213,657 | +€139,613 | +189% |
| Taxes | 450/3 | €2,648 | €132,307 | +€129,659 | +4,897% |
| Remuneration and social security | 454/9 | €71,397 | €81,350 | +€9,953 | +13.9% |
| Other amounts payable | 47/48 | €223,608 | €429,231 | +€205,623 | +92.0% |
| Accrued charges and deferred income | 492/3 | €40,011 | €46,382 | +€6,370 | +15.9% |
| Remuneration, social security and pensions | 62 | €491,140 | €581,728 | +€90,588 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,915 | €40,827 | +€18,912 | +86.3% |
| Other operating charges | 640/8 | €10,889 | €1,367 | -€9,523 | -87.4% |
| Gross operating margin | 9900 | €2,076,469 | €1,641,211 | -€435,258 | -21.0% |
| Operating profit (loss) | 9901 | €1,552,525 | €1,017,289 | -€535,236 | -34.5% |
| Financial income | 75/76B | €904 | €8,706 | +€7,802 | +863% |
| Recurring financial income | 75 | €904 | €8,706 | +€7,802 | +863% |
| Financial charges | 65/66B | €18,777 | €23,435 | +€4,658 | +24.8% |
| Recurring financial charges | 65 | €18,777 | €23,435 | +€4,658 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €1,534,652 | €1,002,561 | -€532,092 | -34.7% |
| Income taxes | 67/77 | €467,628 | €225,860 | -€241,768 | -51.7% |
| Profit (loss) for the period | 9904 | €1,067,025 | €776,701 | -€290,324 | -27.2% |
| Transfer from tax-exempt reserves | 789 | €155,000 | €0 | -€155,000 | -100% |
| Transfer to tax-exempt reserves | 689 | €147,350 | €0 | -€147,350 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €1,074,675 | €776,701 | -€297,974 | -27.7% |
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 26 October 2026 via checked.be.