ESCULAPE: what changed
Two fiscal 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.
ESCULAPE
Largest movements
- Cash -€22,077
down €22,077 (-13.7%), from €160,728 to €138,651
mainly Investment in fixed assets (net) (-€50,979) and Contributions, distributions and other (-€48,233)
- Tangible fixed assets +€21,985
up €21,985 (+20.5%), from €107,488 to €129,473
of which Plant, machinery and equipment: +€45,543
- Receivables within one year -€6,027
down €6,027 (-11.7%), from €51,432 to €45,405
of which Other amounts receivable: -€33,559
- Deferred charges and accrued income +€4,534
up €4,534 (+87.4%), from €5,185 to €9,719
- Reserves -€23,878
down €23,878 (-23.1%), from €103,581 to €79,703
of which Distributable reserves: -€23,878
- Debts after one year +€14,939
up €14,939 (+124.2%), from €12,028 to €26,967
- Other debts +€6,227
up €6,227 (+243.8%), from €2,555 to €8,782
- Gross operating margin +€20,651
up €20,651 (+39.4%), from €52,462 to €73,113
- Taxes +€8,019
up €8,019 (+122.3%), from €6,555 to €14,573
- Financial charges +€3,643
up €3,643 (+484.0%), from €753 to €4,395
- Depreciation +€1,877
up €1,877 (+6.9%), from €27,117 to €28,994
- Financial income -€1,228
down €1,228 (-99.0%), from €1,240 to €13
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 | €326,372 | €324,787 | -€1,585 | -0.5% |
| Fixed assets | 21/28 | €108,727 | €130,712 | +€21,985 | +20.2% |
| Tangible fixed assets | 22/27 | €107,488 | €129,473 | +€21,985 | +20.5% |
| Land and buildings | 22 | €55,638 | €36,118 | -€19,520 | -35.1% |
| Plant, machinery and equipment | 23 | €36,636 | €82,180 | +€45,543 | +124.3% |
| Furniture and vehicles | 24 | €15,213 | €11,175 | -€4,038 | -26.5% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €217,645 | €194,075 | -€23,570 | -10.8% |
| Amounts receivable within one year | 40/41 | €51,432 | €45,405 | -€6,027 | -11.7% |
| Trade receivables | 40 | €17,873 | €45,405 | +€27,532 | +154.0% |
| Other amounts receivable | 41 | €33,559 | - | -€33,559 | |
| Current investments | 50/53 | €300 | €300 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €160,728 | €138,651 | -€22,077 | -13.7% |
| Deferred charges and accrued income | 490/1 | €5,185 | €9,719 | +€4,534 | +87.4% |
| Total equity and liabilities | 10/49 | €326,372 | €324,787 | -€1,585 | -0.5% |
| Equity | 10/15 | €288,462 | €263,751 | -€24,711 | -8.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,581 | €79,703 | -€23,878 | -23.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €101,722 | €77,844 | -€23,878 | -23.5% |
| Profit (loss) carried forward | 14 | €178,681 | €177,848 | -€833 | -0.5% |
| Amounts payable | 17/49 | €37,910 | €61,036 | +€23,127 | +61.0% |
| Amounts payable after more than one year | 17 | €12,028 | €26,967 | +€14,939 | +124.2% |
| Financial debts | 170/4 | €12,028 | €26,967 | +€14,939 | +124.2% |
| Amounts payable within one year | 42/48 | €23,502 | €33,341 | +€9,839 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €6,804 | €7,030 | +€227 | +3.3% |
| Financial debts | 43 | €791 | - | -€791 | |
| Credit institutions | 430/8 | €791 | - | -€791 | |
| Trade debts | 44 | €12 | €1,347 | +€1,336 | +11615.4% |
| Suppliers | 440/4 | €12 | €1,347 | +€1,336 | +11615.4% |
| Taxes, remuneration and social security | 45 | €13,341 | €16,182 | +€2,841 | +21.3% |
| Taxes | 450/3 | €13,254 | €16,095 | +€2,841 | +21.4% |
| Remuneration and social security | 454/9 | €87 | €87 | = | 0.0% |
| Other amounts payable | 47/48 | €2,555 | €8,782 | +€6,227 | +243.8% |
| Accrued charges and deferred income | 492/3 | €2,380 | €728 | -€1,652 | -69.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,117 | €28,994 | +€1,877 | +6.9% |
| Other operating charges | 640/8 | €1,756 | €1,577 | -€178 | -10.2% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €52,462 | €73,113 | +€20,651 | +39.4% |
| Operating profit (loss) | 9901 | €23,589 | €42,478 | +€18,889 | +80.1% |
| Financial income | 75/76B | €1,240 | €13 | -€1,228 | -99.0% |
| Recurring financial income | 75 | €1,240 | €13 | -€1,228 | -99.0% |
| Financial charges | 65/66B | €753 | €4,395 | +€3,643 | +484.0% |
| Recurring financial charges | 65 | €753 | €4,395 | +€3,643 | +484.0% |
| Profit (loss) for the period before taxes | 9903 | €24,077 | €38,095 | +€14,019 | +58.2% |
| Income taxes | 67/77 | €6,555 | €14,573 | +€8,019 | +122.3% |
| Profit (loss) for the period | 9904 | €17,522 | €23,522 | +€6,000 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,522 | €23,522 | +€6,000 | +34.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.