ESC INVEST: 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.
ESC INVEST
Largest movements
- Receivables within one year +€332,891
up €332,891 (+627%), from €53,061 to €385,952
of which Trade receivables: +€300,365
- Cash +€45,268
up €45,268 (+271%), from €16,716 to €61,984
mainly Net result for the year (+€276,798) and Tax, wage and social debts (+€90,956)
- Reserves +€276,798
up €276,798 (+636%), from €43,509 to €320,307
- Tax, wage and social debts +€90,956
up €90,956 (+470%), from €19,355 to €110,312
of which Taxes: +€94,706
- Trade debts +€11,665
up €11,665 (+257%), from €4,547 to €16,212
- Gross operating margin +€310,558
up €310,558 (+610%), from €50,870 to €361,428
- Taxes +€75,527
up €75,527 (+736%), from €10,257 to €85,784
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.
Derived cash bridge
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 | €70,411 | €449,830 | +€379,419 | +539% |
| Current assets | 29/58 | €70,411 | €449,830 | +€379,419 | +539% |
| Amounts receivable within one year | 40/41 | €53,061 | €385,952 | +€332,891 | +627% |
| Trade receivables | 40 | €10,000 | €310,365 | +€300,365 | +3,004% |
| Other amounts receivable | 41 | €43,061 | €75,587 | +€32,526 | +75.5% |
| Cash at bank and in hand | 54/58 | €16,716 | €61,984 | +€45,268 | +271% |
| Deferred charges and accrued income | 490/1 | €635 | €1,894 | +€1,259 | +198% |
| Total equity and liabilities | 10/49 | €70,411 | €449,830 | +€379,419 | +539% |
| Equity | 10/15 | €46,509 | €323,307 | +€276,798 | +595% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €43,509 | €320,307 | +€276,798 | +636% |
| Distributable reserves | 133 | €43,509 | €320,307 | +€276,798 | +636% |
| Amounts payable | 17/49 | €23,902 | €126,523 | +€102,621 | +429% |
| Amounts payable within one year | 42/48 | €23,902 | €126,523 | +€102,621 | +429% |
| Trade debts | 44 | €4,547 | €16,212 | +€11,665 | +257% |
| Suppliers | 440/4 | €4,547 | €16,212 | +€11,665 | +257% |
| Taxes, remuneration and social security | 45 | €19,355 | €110,312 | +€90,956 | +470% |
| Taxes | 450/3 | €15,605 | €110,312 | +€94,706 | +607% |
| Remuneration and social security | 454/9 | €3,750 | €0 | -€3,750 | -100% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €165 | €1,066 | +€901 | +546% |
| Gross operating margin | 9900 | €50,870 | €361,428 | +€310,558 | +610% |
| Operating profit (loss) | 9901 | €50,705 | €360,362 | +€309,657 | +611% |
| Financial income | 75/76B | €635 | €2,320 | +€1,685 | +266% |
| Recurring financial income | 75 | €635 | €2,320 | +€1,685 | +266% |
| Financial charges | 65/66B | €57 | €100 | +€44 | +77.2% |
| Recurring financial charges | 65 | €57 | €100 | +€44 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | €51,283 | €362,582 | +€311,298 | +607% |
| Income taxes | 67/77 | €10,257 | €85,784 | +€75,527 | +736% |
| Profit (loss) for the period | 9904 | €41,027 | €276,798 | +€235,771 | +575% |
| Profit (loss) for the period to be appropriated | 9905 | €41,027 | €276,798 | +€235,771 | +575% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.