ESCO POWER: 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 POWER
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
-€55,710
2024 · -€780,215+€724,505
Equity
-€44,633
2024 · €11,077-€55,710
Cash
€264,417
2024 · €100,024+€164,393
Balance sheet total
€2.1m
2024 · €2.3m-€162,474
Largest movements
Assets
- Stocks and contracts -€379,317
down €379,317 (-18.9%), from €2.0m to €1.6m
- Cash +€164,393
up €164,393 (+164%), from €100,024 to €264,417
mainly Stocks and contracts (+€379,317) and Advances received (+€308,162)
- Receivables within one year +€46,469
up €46,469 (+50.2%), from €92,653 to €139,122
of which Trade receivables: +€57,572
Equity and liabilities
- Advances received +€308,162
up €308,162 (+209%), from €147,218 to €455,380
- Short-term financial debts -€250,000
no longer reported in 2025 (was €250,000)
- Debts after one year -€213,016
down €213,016 (-15.1%), from €1.4m to €1.2m
- Profit (loss) carried forward -€55,710
down €55,710 (-9.2%), from -€606,276 to -€661,986
- Accrued charges and deferred income +€53,141
up €53,141 (+608%), from €8,737 to €61,878
Income statement
- Turnover +€622,224
up €622,224 (+37.8%), from €1.6m to €2.3m
- Services and other goods -€151,656
down €151,656 (-24.0%), from €630,989 to €479,333
- Goods and materials +€101,134
up €101,134 (+10.7%), from €945,978 to €1.0m
of which Change in stocks: decrease (increase): +€877,175
- Taxes -€65,244
down €65,244 (-97.7%), from €66,792 to €1,548
- Other operating income +€28,403
up €28,403 (+55.4%), from €51,311 to €79,714
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
-€780,215
Turnover
+€622,224
Other operating income
+€28,403
Goods and materials
-€101,134
Services and other goods
+€151,656
Staff costs
-€1,613
Depreciation
+€70
Write-downs
-€12,842
Other operating charges
+€209
Other operating items
+€710
Financial income
-€9,964
Financial charges
-€18,458
Taxes
+€65,244
Result 2025
-€55,710
raises the resultlowers the resultnot broken down further in the accounts
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
+€676,492
Investment
-€50,173
Financing
-€461,925
Cash 2024
€100,024
From operations (derived)
+€676,492
Net result for the year
-€55,710
Depreciation
+€42,659
Stocks and contracts
+€379,317
Receivables within one year
-€46,469
Deferred charges and accrued income
+€1,533
Trade debts
-€12,851
Tax, wage and social debts
+€6,709
Advances received
+€308,162
Accrued charges and deferred income
+€53,141
Investment (derived)
-€50,173
Investment in fixed assets (net)
-€50,173
Financing
-€461,925
Debts after one year
-€213,016
Current portion of long-term debt
+€1,090
Short-term financial debts
-€250,000
Cash 2025
€264,417
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,308,196 | €2,145,721 | -€162,474 | -7.0% |
| Fixed assets | 21/28 | €104,270 | €111,783 | +€7,513 | +7.2% |
| Tangible fixed assets | 22/27 | €101,670 | €109,183 | +€7,513 | +7.4% |
| Plant, machinery and equipment | 23 | €58,808 | €52,317 | -€6,491 | -11.0% |
| Furniture and vehicles | 24 | €7,975 | - | -€7,975 | |
| Leasing and similar rights | 25 | €34,887 | €56,867 | +€21,979 | +63.0% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,600 | €2,600 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €2,203,926 | €2,033,938 | -€169,988 | -7.7% |
| Stocks and contracts in progress | 3 | €2,001,898 | €1,622,581 | -€379,317 | -18.9% |
| Stocks | 30/36 | €2,001,898 | €1,622,581 | -€379,317 | -18.9% |
| Goods purchased for resale | 34 | €2,001,898 | €1,616,348 | -€385,550 | -19.3% |
| Advance payments | 36 | - | €6,233 | +€6,233 | |
| Amounts receivable within one year | 40/41 | €92,653 | €139,122 | +€46,469 | +50.2% |
| Trade receivables | 40 | €70,813 | €128,385 | +€57,572 | +81.3% |
| Other amounts receivable | 41 | €21,840 | €10,737 | -€11,103 | -50.8% |
| Cash at bank and in hand | 54/58 | €100,024 | €264,417 | +€164,393 | +164% |
| Deferred charges and accrued income | 490/1 | €9,350 | €7,817 | -€1,533 | -16.4% |
| Total equity and liabilities | 10/49 | €2,308,196 | €2,145,721 | -€162,474 | -7.0% |
| Equity | 10/15 | €11,077 | -€44,633 | -€55,710 | |
| Contributions | 10/11 | €579,000 | €579,000 | = | 0.0% |
| Reserves | 13 | €38,353 | €38,353 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,998 | €19,998 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,900 | €17,900 | = | 0.0% |
| Other | 1319 | €2,098 | €2,098 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,355 | €18,355 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€606,276 | -€661,986 | -€55,710 | -9.2% |
| Amounts payable | 17/49 | €2,297,119 | €2,190,354 | -€106,764 | -4.6% |
| Amounts payable after more than one year | 17 | €1,407,804 | €1,194,788 | -€213,016 | -15.1% |
| Financial debts | 170/4 | €1,407,804 | €1,194,788 | -€213,016 | -15.1% |
| Leasing and similar obligations | 172 | €17,882 | €38,032 | +€20,150 | +113% |
| Other loans | 174 | €1,389,922 | €1,156,756 | -€233,166 | -16.8% |
| Amounts payable within one year | 42/48 | €880,578 | €933,689 | +€53,110 | +6.0% |
| Current portion of amounts payable after more than one year | 42 | €20,866 | €21,956 | +€1,090 | +5.2% |
| Financial debts | 43 | €250,000 | - | -€250,000 | |
| Credit institutions | 430/8 | €250,000 | - | -€250,000 | |
| Trade debts | 44 | €346,380 | €333,529 | -€12,851 | -3.7% |
| Suppliers | 440/4 | €346,380 | €333,529 | -€12,851 | -3.7% |
| Advances received on contracts in progress | 46 | €147,218 | €455,380 | +€308,162 | +209% |
| Taxes, remuneration and social security | 45 | €116,114 | €122,823 | +€6,709 | +5.8% |
| Taxes | 450/3 | €32,886 | €23,278 | -€9,609 | -29.2% |
| Remuneration and social security | 454/9 | €83,227 | €99,545 | +€16,318 | +19.6% |
| Accrued charges and deferred income | 492/3 | €8,737 | €61,878 | +€53,141 | +608% |
| Operating income | 70/76A | €1,698,017 | €2,348,644 | +€650,627 | +38.3% |
| Turnover | 70 | €1,646,705 | €2,268,930 | +€622,224 | +37.8% |
| Other operating income | 74 | €51,311 | €79,714 | +€28,403 | +55.4% |
| Operating charges | 60/66A | €2,363,354 | €2,326,298 | -€37,056 | -1.6% |
| Goods for resale, raw materials and consumables | 60 | €945,978 | €1,047,113 | +€101,134 | +10.7% |
| Purchases | 600/8 | €1,447,629 | €671,588 | -€776,041 | -53.6% |
| Change in stocks: decrease (increase) | 609 | -€501,651 | €375,524 | +€877,175 | |
| Services and other goods | 61 | €630,989 | €479,333 | -€151,656 | -24.0% |
| Remuneration, social security and pensions | 62 | €735,641 | €737,254 | +€1,613 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,729 | €42,659 | -€70 | -0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,881 | €19,723 | +€12,842 | +187% |
| Other operating charges | 640/8 | €424 | €215 | -€209 | -49.2% |
| Non-recurring operating charges | 66A | €710 | - | -€710 | |
| Operating profit (loss) | 9901 | -€665,337 | €22,346 | +€687,683 | |
| Financial income | 75/76B | €11,797 | €1,833 | -€9,964 | -84.5% |
| Recurring financial income | 75 | €11,797 | €1,833 | -€9,964 | -84.5% |
| Other financial income | 752/9 | €11,797 | €1,833 | -€9,964 | -84.5% |
| Financial charges | 65/66B | €59,883 | €78,341 | +€18,458 | +30.8% |
| Recurring financial charges | 65 | €59,883 | €78,341 | +€18,458 | +30.8% |
| Debt charges | 650 | €53,188 | €73,045 | +€19,857 | +37.3% |
| Other financial charges | 652/9 | €6,695 | €5,296 | -€1,399 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€713,423 | -€54,162 | +€659,261 | +92.4% |
| Income taxes | 67/77 | €66,792 | €1,548 | -€65,244 | -97.7% |
| Taxes | 670/3 | €66,792 | €1,548 | -€65,244 | -97.7% |
| Profit (loss) for the period | 9904 | -€780,215 | -€55,710 | +€724,505 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€780,215 | -€55,710 | +€724,505 | +92.9% |
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 15 October 2026 via checked.be.