ESCAUT PIECES: 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.
ESCAUT PIECES
Largest movements
- Stocks and contracts -€34,807
down €34,807 (-13.3%), from €262,466 to €227,659
- Tangible fixed assets -€18,337
down €18,337 (-8.0%), from €228,068 to €209,730
of which Land and buildings: -€14,084
- Receivables within one year -€15,243
down €15,243 (-3.1%), from €495,820 to €480,576
of which Trade receivables: -€92,508
- Cash -€14,260
down €14,260 (-4.3%), from €334,162 to €319,902
mainly Debts after one year (-€62,837) and Trade debts (-€42,968)
- Debts after one year -€62,837
down €62,837 (-48.8%), from €128,884 to €66,047
- Trade debts -€42,968
down €42,968 (-7.1%), from €607,660 to €564,692
- Reserves +€28,514
up €28,514 (+10.7%), from €265,689 to €294,203
of which Distributable reserves: +€28,514
- Staff costs +€62,892
up €62,892 (+20.0%), from €314,379 to €377,271
- Gross operating margin -€62,663
down €62,663 (-10.3%), from €605,584 to €542,922
- Taxes -€18,008
down €18,008 (-60.9%), from €29,584 to €11,576
- Financial charges +€12,877
up €12,877 (+23.3%), from €55,285 to €68,162
of which Financial charges: +€12,447
- Other operating charges +€12,363
up €12,363 (+129%), from €9,585 to €21,948
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 | €1,341,574 | €1,253,740 | -€87,834 | -6.5% |
| Fixed assets | 21/28 | €234,246 | €215,909 | -€18,337 | -7.8% |
| Tangible fixed assets | 22/27 | €228,068 | €209,730 | -€18,337 | -8.0% |
| Land and buildings | 22 | €88,454 | €74,370 | -€14,084 | -15.9% |
| Plant, machinery and equipment | 23 | €46,030 | €39,285 | -€6,745 | -14.7% |
| Furniture and vehicles | 24 | €4,128 | €10,749 | +€6,621 | +160% |
| Other tangible fixed assets | 26 | €89,455 | €85,326 | -€4,129 | -4.6% |
| Financial fixed assets | 28 | €6,179 | €6,179 | = | 0.0% |
| Current assets | 29/58 | €1,107,327 | €1,037,831 | -€69,496 | -6.3% |
| Stocks and contracts in progress | 3 | €262,466 | €227,659 | -€34,807 | -13.3% |
| Stocks | 30/36 | €262,466 | €227,659 | -€34,807 | -13.3% |
| Amounts receivable within one year | 40/41 | €495,820 | €480,576 | -€15,243 | -3.1% |
| Trade receivables | 40 | €475,867 | €383,358 | -€92,508 | -19.4% |
| Other amounts receivable | 41 | €19,953 | €97,218 | +€77,265 | +387% |
| Cash at bank and in hand | 54/58 | €334,162 | €319,902 | -€14,260 | -4.3% |
| Deferred charges and accrued income | 490/1 | €14,880 | €9,694 | -€5,186 | -34.9% |
| Total equity and liabilities | 10/49 | €1,341,574 | €1,253,740 | -€87,834 | -6.5% |
| Equity | 10/15 | €411,734 | €438,457 | +€26,722 | +6.5% |
| Contributions | 10/11 | €132,173 | €132,173 | = | 0.0% |
| Capital | 10 | €132,173 | €132,173 | = | 0.0% |
| Issued capital | 100 | €132,173 | €132,173 | = | 0.0% |
| Reserves | 13 | €265,689 | €294,203 | +€28,514 | +10.7% |
| Non-distributable reserves | 130/1 | €13,217 | €13,217 | = | 0.0% |
| Legal reserve | 130 | €13,217 | €13,217 | = | 0.0% |
| Distributable reserves | 133 | €252,472 | €280,986 | +€28,514 | +11.3% |
| Investment grants | 15 | €13,872 | €12,080 | -€1,792 | -12.9% |
| Amounts payable | 17/49 | €929,839 | €815,283 | -€114,556 | -12.3% |
| Amounts payable after more than one year | 17 | €128,884 | €66,047 | -€62,837 | -48.8% |
| Financial debts | 170/4 | €128,884 | €66,047 | -€62,837 | -48.8% |
| Amounts payable within one year | 42/48 | €800,955 | €749,236 | -€51,719 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €64,860 | €55,583 | -€9,277 | -14.3% |
| Financial debts | 43 | €0 | - | -€0 | |
| Credit institutions | 430/8 | €0 | - | -€0 | |
| Trade debts | 44 | €607,660 | €564,692 | -€42,968 | -7.1% |
| Suppliers | 440/4 | €607,660 | €564,692 | -€42,968 | -7.1% |
| Taxes, remuneration and social security | 45 | €127,372 | €128,961 | +€1,589 | +1.2% |
| Taxes | 450/3 | €59,165 | €50,383 | -€8,781 | -14.8% |
| Remuneration and social security | 454/9 | €68,208 | €78,578 | +€10,370 | +15.2% |
| Other amounts payable | 47/48 | €1,063 | - | -€1,063 | |
| Remuneration, social security and pensions | 62 | €314,379 | €377,271 | +€62,892 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,580 | €37,855 | +€1,275 | +3.5% |
| Other operating charges | 640/8 | €9,585 | €21,948 | +€12,363 | +129% |
| Non-recurring operating charges | 66A | €3,295 | - | -€3,295 | |
| Gross operating margin | 9900 | €605,584 | €542,922 | -€62,663 | -10.3% |
| Operating profit (loss) | 9901 | €241,746 | €105,848 | -€135,898 | -56.2% |
| Financial income | 75/76B | €2,641 | €2,404 | -€236 | -8.9% |
| Recurring financial income | 75 | €2,641 | €2,404 | -€236 | -8.9% |
| Financial charges | 65/66B | €55,285 | €68,162 | +€12,877 | +23.3% |
| Recurring financial charges | 65 | €55,285 | €67,732 | +€12,447 | +22.5% |
| Non-recurring financial charges | 66B | - | €429 | +€429 | |
| Profit (loss) for the period before taxes | 9903 | €189,101 | €40,090 | -€149,011 | -78.8% |
| Income taxes | 67/77 | €29,584 | €11,576 | -€18,008 | -60.9% |
| Profit (loss) for the period | 9904 | €159,517 | €28,514 | -€131,003 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €159,517 | €28,514 | -€131,003 | -82.1% |
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 27 October 2026 via checked.be.