ESCO DRIVES: 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.
What changed
ESCO DRIVES
NACE 28.150, Manufacture of machinery and equipment not elsewhere classified
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€175,658
2024 · -€487,806+€663,463
Equity
-€477,702
2024 · -€653,360+€175,658
Cash
€41,504
2024 · €66,296-€24,793
Balance sheet total
€1.0m
2024 · €1.3m-€246,006
Largest movements
Assets
- Receivables within one year -€116,931
down €116,931 (-22.9%), from €509,562 to €392,632
of which Trade receivables: -€116,205
- Stocks and contracts -€102,823
down €102,823 (-14.6%), from €704,867 to €602,045
- Cash -€24,793
down €24,793 (-37.4%), from €66,296 to €41,504
mainly Debts after one year (-€255,000) and Trade debts (-€199,902)
Equity and liabilities
- Debts after one year -€255,000
down €255,000 (-25.3%), from €1.0m to €750,944
- Trade debts -€199,902
down €199,902 (-56.7%), from €352,295 to €152,394
- Profit (loss) carried forward +€175,658
up €175,658 (+13.3%), from -€1.3m to -€1.1m
- Tax, wage and social debts +€31,469
up €31,469 (+87.2%), from €36,073 to €67,542
of which Remuneration and social security: +€24,270
Income statement
- Write-downs -€419,704
down €419,704, from €146,783 to -€272,921
- Goods and materials +€407,589
up €407,589 (+32.7%), from €1.2m to €1.7m
of which Purchases: +€272,954
- Other operating income +€179,090
up €179,090 (+1,146%), from €15,632 to €194,722
- Turnover +€153,169
up €153,169 (+7.9%), from €1.9m to €2.1m
- Staff costs -€140,554
down €140,554 (-32.2%), from €436,987 to €296,433
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.
Result 2024
-€487,806
Turnover
+€153,169
Other operating income
+€179,090
Goods and materials
-€407,589
Services and other goods
+€90,485
Staff costs
+€140,554
Depreciation
+€14,976
Write-downs
+€419,704
Other operating charges
+€64,431
Financial income
-€1,114
Financial charges
+€8,374
Taxes
+€1,383
Result 2025
€175,658
raises the resultlowers the result
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.
From operations
+€230,207
Investment
€0
Financing
-€255,000
Cash 2024
€66,296
From operations (derived)
+€230,207
Net result for the year
+€175,658
Depreciation
+€1,361
Stocks and contracts
+€102,823
Receivables within one year
+€116,931
Smaller working-capital items
-€158
Trade debts
-€199,902
Tax, wage and social debts
+€31,469
Advances received
+€2,026
Financing
-€255,000
Debts after one year
-€255,000
Cash 2025
€41,504
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,286,389 | €1,040,384 | -€246,006 | -19.1% |
| Fixed assets | 21/28 | €5,311 | €3,950 | -€1,361 | -25.6% |
| Tangible fixed assets | 22/27 | €1,361 | €0 | -€1,361 | -100% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €1,361 | €0 | -€1,361 | -100% |
| Financial fixed assets | 28 | €3,950 | €3,950 | = | 0.0% |
| Other financial fixed assets | 284/8 | €3,950 | €3,950 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €3,950 | €3,950 | = | 0.0% |
| Current assets | 29/58 | €1,281,078 | €1,036,434 | -€244,644 | -19.1% |
| Stocks and contracts in progress | 3 | €704,867 | €602,045 | -€102,823 | -14.6% |
| Stocks | 30/36 | €704,867 | €602,045 | -€102,823 | -14.6% |
| Goods purchased for resale | 34 | €704,867 | €602,045 | -€102,823 | -14.6% |
| Amounts receivable within one year | 40/41 | €509,562 | €392,632 | -€116,931 | -22.9% |
| Trade receivables | 40 | €508,837 | €392,632 | -€116,205 | -22.8% |
| Other amounts receivable | 41 | €726 | - | -€726 | |
| Cash at bank and in hand | 54/58 | €66,296 | €41,504 | -€24,793 | -37.4% |
| Deferred charges and accrued income | 490/1 | €352 | €254 | -€98 | -27.9% |
| Total equity and liabilities | 10/49 | €1,286,389 | €1,040,384 | -€246,006 | -19.1% |
| Equity | 10/15 | -€653,360 | -€477,702 | +€175,658 | +26.9% |
| Contributions | 10/11 | €529,600 | €529,600 | = | 0.0% |
| Reserves | 13 | €139,484 | €139,484 | = | 0.0% |
| Non-distributable reserves | 130/1 | €59,201 | €59,201 | = | 0.0% |
| Reserves not available under the articles | 1311 | €52,960 | €52,960 | = | 0.0% |
| Other | 1319 | €6,241 | €6,241 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,592 | €54,592 | = | 0.0% |
| Distributable reserves | 133 | €25,691 | €25,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,322,443 | -€1,146,785 | +€175,658 | +13.3% |
| Amounts payable | 17/49 | €1,939,749 | €1,518,085 | -€421,664 | -21.7% |
| Amounts payable after more than one year | 17 | €1,005,944 | €750,944 | -€255,000 | -25.3% |
| Financial debts | 170/4 | €1,005,944 | €750,944 | -€255,000 | -25.3% |
| Other loans | 174 | €1,005,944 | €750,944 | -€255,000 | -25.3% |
| Amounts payable within one year | 42/48 | €841,069 | €674,662 | -€166,407 | -19.8% |
| Financial debts | 43 | €450,000 | €450,000 | = | 0.0% |
| Credit institutions | 430/8 | €450,000 | €450,000 | = | 0.0% |
| Trade debts | 44 | €352,295 | €152,394 | -€199,902 | -56.7% |
| Suppliers | 440/4 | €352,295 | €152,394 | -€199,902 | -56.7% |
| Advances received on contracts in progress | 46 | €2,701 | €4,726 | +€2,026 | +75.0% |
| Taxes, remuneration and social security | 45 | €36,073 | €67,542 | +€31,469 | +87.2% |
| Taxes | 450/3 | €21,072 | €28,271 | +€7,199 | +34.2% |
| Remuneration and social security | 454/9 | €15,000 | €39,270 | +€24,270 | +162% |
| Accrued charges and deferred income | 492/3 | €92,736 | €92,480 | -€256 | -0.3% |
| Operating income | 70/76A | €1,956,415 | €2,288,674 | +€332,259 | +17.0% |
| Turnover | 70 | €1,940,783 | €2,093,952 | +€153,169 | +7.9% |
| Other operating income | 74 | €15,632 | €194,722 | +€179,090 | +1,146% |
| Operating charges | 60/66A | €2,371,647 | €2,049,085 | -€322,562 | -13.6% |
| Goods for resale, raw materials and consumables | 60 | €1,248,236 | €1,655,825 | +€407,589 | +32.7% |
| Purchases | 600/8 | €1,011,151 | €1,284,105 | +€272,954 | +27.0% |
| Change in stocks: decrease (increase) | 609 | €237,085 | €371,720 | +€134,635 | +56.8% |
| Services and other goods | 61 | €458,384 | €367,899 | -€90,485 | -19.7% |
| Remuneration, social security and pensions | 62 | €436,987 | €296,433 | -€140,554 | -32.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,338 | €1,361 | -€14,976 | -91.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €146,783 | -€272,921 | -€419,704 | |
| Other operating charges | 640/8 | €64,919 | €488 | -€64,431 | -99.2% |
| Operating profit (loss) | 9901 | -€415,232 | €239,588 | +€654,821 | |
| Financial income | 75/76B | €1,118 | €4 | -€1,114 | -99.6% |
| Recurring financial income | 75 | €1,118 | €4 | -€1,114 | -99.6% |
| Other financial income | 752/9 | €1,118 | €4 | -€1,114 | -99.6% |
| Financial charges | 65/66B | €72,170 | €63,796 | -€8,374 | -11.6% |
| Recurring financial charges | 65 | €72,170 | €63,796 | -€8,374 | -11.6% |
| Debt charges | 650 | €67,728 | €59,895 | -€7,834 | -11.6% |
| Other financial charges | 652/9 | €4,441 | €3,902 | -€540 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | -€486,284 | €175,797 | +€662,080 | |
| Income taxes | 67/77 | €1,522 | €139 | -€1,383 | -90.9% |
| Taxes | 670/3 | €1,522 | €139 | -€1,383 | -90.9% |
| Profit (loss) for the period | 9904 | -€487,806 | €175,658 | +€663,463 | |
| Profit (loss) for the period to be appropriated | 9905 | -€487,806 | €175,658 | +€663,463 |
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 23 October 2026 via checked.be.