ESCAPE: 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.
ESCAPE
Largest movements
- Stocks and contracts -€669,638
no longer reported in 2025 (was €669,638)
- Receivables within one year +€256,578
up €256,578 (+77.5%), from €331,052 to €587,630
of which Trade receivables: +€257,964
- Tangible fixed assets -€172,768
down €172,768 (-99.6%), from €173,393 to €624
of which Plant, machinery and equipment: -€111,882
- Short-term financial debts -€460,000
down €460,000 (-64.8%), from €710,000 to €250,000
- Debts after one year -€294,783
no longer reported in 2025 (was €294,783)
- Current portion of long-term debt +€155,676
up €155,676 (+111.9%), from €139,107 to €294,783
- Tax, wage and social debts +€18,358
up €18,358 (+162.1%), from €11,322 to €29,681
of which Taxes: +€20,111
- Depreciation -€110,943
down €110,943 (-99.3%), from €111,686 to €743
- Gross operating margin +€52,661
up €52,661 (+68.7%), from €76,617 to €129,278
- Financial charges -€45,126
down €45,126 (-42.7%), from €105,647 to €60,521
- Financial income -€36,395
down €36,395 (-80.7%), from €45,095 to €8,700
- Other operating charges +€5,259
up €5,259 (+293.6%), from €1,791 to €7,050
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 | €1,240,824 | €639,514 | -€601,310 | -48.5% |
| Fixed assets | 21/28 | €175,720 | €664 | -€175,056 | -99.6% |
| Intangible fixed assets | 21 | €2,138 | - | -€2,138 | |
| Tangible fixed assets | 22/27 | €173,393 | €624 | -€172,768 | -99.6% |
| Plant, machinery and equipment | 23 | €112,506 | €624 | -€111,882 | -99.4% |
| Furniture and vehicles | 24 | €7,067 | - | -€7,067 | |
| Other tangible fixed assets | 26 | €53,819 | - | -€53,819 | |
| Financial fixed assets | 28 | €190 | €40 | -€150 | -78.9% |
| Current assets | 29/58 | €1,065,104 | €638,850 | -€426,254 | -40.0% |
| Stocks and contracts in progress | 3 | €669,638 | - | -€669,638 | |
| Stocks | 30/36 | €669,638 | - | -€669,638 | |
| Amounts receivable within one year | 40/41 | €331,052 | €587,630 | +€256,578 | +77.5% |
| Trade receivables | 40 | €329,398 | €587,362 | +€257,964 | +78.3% |
| Other amounts receivable | 41 | €1,654 | €269 | -€1,386 | -83.8% |
| Cash at bank and in hand | 54/58 | €58,299 | €49,241 | -€9,059 | -15.5% |
| Deferred charges and accrued income | 490/1 | €6,114 | €1,979 | -€4,135 | -67.6% |
| Total equity and liabilities | 10/49 | €1,240,824 | €639,514 | -€601,310 | -48.5% |
| Equity | 10/15 | €64,201 | €52,146 | -€12,054 | -18.8% |
| Contributions | 10/11 | €325,386 | €325,386 | = | 0.0% |
| Reserves | 13 | €107,469 | €107,469 | = | 0.0% |
| Tax-exempt reserves | 132 | €426 | €426 | = | 0.0% |
| Distributable reserves | 133 | €107,043 | €107,043 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€368,655 | -€380,709 | -€12,054 | -3.3% |
| Amounts payable | 17/49 | €1,176,624 | €587,368 | -€589,255 | -50.1% |
| Amounts payable after more than one year | 17 | €294,783 | - | -€294,783 | |
| Financial debts | 170/4 | €294,783 | - | -€294,783 | |
| Amounts payable within one year | 42/48 | €878,414 | €585,062 | -€293,351 | -33.4% |
| Current portion of amounts payable after more than one year | 42 | €139,107 | €294,783 | +€155,676 | +111.9% |
| Financial debts | 43 | €710,000 | €250,000 | -€460,000 | -64.8% |
| Credit institutions | 430/8 | €710,000 | €250,000 | -€460,000 | -64.8% |
| Trade debts | 44 | €17,985 | €10,599 | -€7,386 | -41.1% |
| Suppliers | 440/4 | €17,985 | €10,599 | -€7,386 | -41.1% |
| Taxes, remuneration and social security | 45 | €11,322 | €29,681 | +€18,358 | +162.1% |
| Taxes | 450/3 | €360 | €20,471 | +€20,111 | +5593.8% |
| Remuneration and social security | 454/9 | €10,963 | €9,210 | -€1,753 | -16.0% |
| Accrued charges and deferred income | 492/3 | €3,427 | €2,306 | -€1,121 | -32.7% |
| Remuneration, social security and pensions | 62 | €74,017 | €74,236 | +€219 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,686 | €743 | -€110,943 | -99.3% |
| Other operating charges | 640/8 | €1,791 | €7,050 | +€5,259 | +293.6% |
| Non-recurring operating charges | 66A | - | €7,249 | +€7,249 | |
| Gross operating margin | 9900 | €76,617 | €129,278 | +€52,661 | +68.7% |
| Operating profit (loss) | 9901 | -€110,878 | €39,999 | +€150,877 | |
| Financial income | 75/76B | €45,095 | €8,700 | -€36,395 | -80.7% |
| Recurring financial income | 75 | €45,095 | €8,700 | -€36,395 | -80.7% |
| Financial charges | 65/66B | €105,647 | €60,521 | -€45,126 | -42.7% |
| Recurring financial charges | 65 | €105,647 | €60,521 | -€45,126 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | -€171,430 | -€11,822 | +€159,608 | +93.1% |
| Income taxes | 67/77 | €183 | €233 | +€50 | +27.3% |
| Profit (loss) for the period | 9904 | -€171,613 | -€12,054 | +€159,558 | +93.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€171,613 | -€12,054 | +€159,558 | +93.0% |
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 12 October 2026 via checked.be.