ESCANDRIA: 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.
ESCANDRIA
Largest movements
- Current investments -€73,754
down €73,754 (-100.0%), from €73,754 to €0
- Tangible fixed assets -€20,613
down €20,613 (-14.7%), from €140,003 to €119,390
of which Land and buildings: -€13,563
- Receivables within one year -€12,954
down €12,954 (-44.7%), from €29,005 to €16,051
of which Other amounts receivable: -€7,442
- Reserves -€73,854
down €73,854 (-52.4%), from €140,919 to €67,064
of which Distributable reserves: -€73,854
- Debts after one year -€23,545
down €23,545 (-28.7%), from €81,973 to €58,427
- Current portion of long-term debt -€7,338
down €7,338 (-40.9%), from €17,925 to €10,587
- Trade debts -€3,242
down €3,242 (-68.9%), from €4,707 to €1,465
- Gross operating margin -€84,907
down €84,907 (-96.1%), from €88,384 to €3,477
- Taxes -€11,161
down €11,161 (-98.8%), from €11,300 to €139
- Financial charges +€8,700
up €8,700 (+236.3%), from €3,682 to €12,382
of which Financial charges: +€8,721
- Financial income +€1,852
up €1,852 (+100.9%), from €1,835 to €3,687
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 | €259,327 | €150,802 | -€108,525 | -41.8% |
| Fixed assets | 21/28 | €140,003 | €119,390 | -€20,613 | -14.7% |
| Tangible fixed assets | 22/27 | €140,003 | €119,390 | -€20,613 | -14.7% |
| Land and buildings | 22 | €127,512 | €113,948 | -€13,563 | -10.6% |
| Plant, machinery and equipment | 23 | €152 | €0 | -€152 | -100.0% |
| Furniture and vehicles | 24 | €12,339 | €5,441 | -€6,898 | -55.9% |
| Current assets | 29/58 | €119,325 | €31,412 | -€87,912 | -73.7% |
| Amounts receivable within one year | 40/41 | €29,005 | €16,051 | -€12,954 | -44.7% |
| Trade receivables | 40 | €10,958 | €5,447 | -€5,512 | -50.3% |
| Other amounts receivable | 41 | €18,047 | €10,605 | -€7,442 | -41.2% |
| Current investments | 50/53 | €73,754 | €0 | -€73,754 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,566 | €15,361 | -€1,205 | -7.3% |
| Total equity and liabilities | 10/49 | €259,327 | €150,802 | -€108,525 | -41.8% |
| Equity | 10/15 | €153,319 | €79,464 | -€73,854 | -48.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €140,919 | €67,064 | -€73,854 | -52.4% |
| Non-distributable reserves | 130/1 | €2,137 | €2,137 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,137 | €2,137 | = | 0.0% |
| Distributable reserves | 133 | €138,781 | €64,927 | -€73,854 | -53.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €106,009 | €71,338 | -€34,671 | -32.7% |
| Amounts payable after more than one year | 17 | €81,973 | €58,427 | -€23,545 | -28.7% |
| Financial debts | 170/4 | €81,973 | €58,427 | -€23,545 | -28.7% |
| Amounts payable within one year | 42/48 | €24,036 | €12,210 | -€11,826 | -49.2% |
| Current portion of amounts payable after more than one year | 42 | €17,925 | €10,587 | -€7,338 | -40.9% |
| Trade debts | 44 | €4,707 | €1,465 | -€3,242 | -68.9% |
| Suppliers | 440/4 | €4,707 | €1,465 | -€3,242 | -68.9% |
| Taxes, remuneration and social security | 45 | €1,403 | €158 | -€1,246 | -88.8% |
| Taxes | 450/3 | €1,403 | €158 | -€1,246 | -88.8% |
| Accrued charges and deferred income | 492/3 | - | €700 | +€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,113 | €20,613 | -€500 | -2.4% |
| Other operating charges | 640/8 | €2,710 | €3,320 | +€610 | +22.5% |
| Gross operating margin | 9900 | €88,384 | €3,477 | -€84,907 | -96.1% |
| Operating profit (loss) | 9901 | €64,562 | -€20,456 | -€85,018 | |
| Financial income | 75/76B | €1,835 | €3,687 | +€1,852 | +100.9% |
| Recurring financial income | 75 | €1,835 | €3,687 | +€1,852 | +100.9% |
| Financial charges | 65/66B | €3,682 | €12,382 | +€8,700 | +236.3% |
| Recurring financial charges | 65 | €3,660 | €12,382 | +€8,721 | +238.3% |
| Non-recurring financial charges | 66B | €21 | €0 | -€21 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €62,716 | -€29,150 | -€91,866 | |
| Income taxes | 67/77 | €11,300 | €139 | -€11,161 | -98.8% |
| Profit (loss) for the period | 9904 | €51,416 | -€29,289 | -€80,705 | |
| Profit (loss) for the period to be appropriated | 9905 | €51,416 | -€29,289 | -€80,705 |
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 11 October 2026 via checked.be.