ESDAL: 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.
ESDAL
Largest movements
- Receivables within one year -€437,626
down €437,626 (-76.9%), from €569,429 to €131,803
- Cash +€129,614
up €129,614 (+109.6%), from €118,305 to €247,919
mainly Receivables within one year (+€437,626) and Contributions, distributions and other (+€12,400)
- Other debts -€167,462
down €167,462 (-53.9%), from €310,932 to €143,471
- Profit (loss) carried forward -€145,535
down €145,535 (-49.9%), from €291,945 to €146,410
- Contributions +€12,400
new in 2024: €12,400
- Debts after one year -€12,400
down €12,400 (-50.8%), from €24,400 to €12,000
of which Financial debts: -€12,400
- Gross operating margin -€44,668
down €44,668 (-23.3%), from €191,457 to €146,789
- Staff costs +€38,836
up €38,836 (+25.3%), from €153,767 to €192,603
- Taxes +€28,806
up €28,806 (+2862.6%), from €1,006 to €29,812
- Financial charges +€7,461
up €7,461 (+1033.1%), from €722 to €8,183
- Other operating charges -€5,966
down €5,966 (-9.2%), from €65,179 to €59,213
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.
Cash bridge derived
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 | €703,588 | €390,216 | -€313,373 | -44.5% |
| Fixed assets | 21/28 | €15,854 | €10,494 | -€5,361 | -33.8% |
| Tangible fixed assets | 22/27 | €12,454 | €7,094 | -€5,361 | -43.0% |
| Plant, machinery and equipment | 23 | €12,454 | €7,094 | -€5,361 | -43.0% |
| Financial fixed assets | 28 | €3,400 | €3,400 | = | 0.0% |
| Current assets | 29/58 | €687,734 | €379,722 | -€308,012 | -44.8% |
| Amounts receivable within one year | 40/41 | €569,429 | €131,803 | -€437,626 | -76.9% |
| Other amounts receivable | 41 | €569,429 | €131,803 | -€437,626 | -76.9% |
| Cash at bank and in hand | 54/58 | €118,305 | €247,919 | +€129,614 | +109.6% |
| Total equity and liabilities | 10/49 | €703,588 | €390,216 | -€313,373 | -44.5% |
| Equity | 10/15 | €293,805 | €160,670 | -€133,135 | -45.3% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €291,945 | €146,410 | -€145,535 | -49.9% |
| Amounts payable | 17/49 | €409,784 | €229,546 | -€180,238 | -44.0% |
| Amounts payable after more than one year | 17 | €24,400 | €12,000 | -€12,400 | -50.8% |
| Financial debts | 170/4 | €12,400 | - | -€12,400 | |
| Other amounts payable | 178/9 | €12,000 | €12,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €385,384 | €217,546 | -€167,838 | -43.6% |
| Trade debts | 44 | €6,461 | €9,763 | +€3,302 | +51.1% |
| Suppliers | 440/4 | €6,461 | €9,763 | +€3,302 | +51.1% |
| Taxes, remuneration and social security | 45 | €67,991 | €64,312 | -€3,678 | -5.4% |
| Taxes | 450/3 | €26,400 | €3,162 | -€23,238 | -88.0% |
| Remuneration and social security | 454/9 | €41,591 | €61,151 | +€19,560 | +47.0% |
| Other amounts payable | 47/48 | €310,932 | €143,471 | -€167,462 | -53.9% |
| Remuneration, social security and pensions | 62 | €153,767 | €192,603 | +€38,836 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,361 | €5,361 | = | 0.0% |
| Other operating charges | 640/8 | €65,179 | €59,213 | -€5,966 | -9.2% |
| Gross operating margin | 9900 | €191,457 | €146,789 | -€44,668 | -23.3% |
| Operating profit (loss) | 9901 | -€32,849 | -€110,388 | -€77,538 | -236.0% |
| Financial income | 75/76B | - | €2,848 | +€2,848 | |
| Recurring financial income | 75 | - | €2,848 | +€2,848 | |
| Financial charges | 65/66B | €722 | €8,183 | +€7,461 | +1033.1% |
| Recurring financial charges | 65 | €722 | €8,183 | +€7,461 | +1033.1% |
| Profit (loss) for the period before taxes | 9903 | -€33,571 | -€115,723 | -€82,151 | -244.7% |
| Income taxes | 67/77 | €1,006 | €29,812 | +€28,806 | +2862.6% |
| Profit (loss) for the period | 9904 | -€34,578 | -€145,535 | -€110,957 | -320.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,578 | -€145,535 | -€110,957 | -320.9% |
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 10 October 2026 via checked.be.