ESDEVE: 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.
ESDEVE
Largest movements
- Tangible fixed assets -€12,480
down €12,480 (-32.3%), from €38,608 to €26,128
of which Furniture and vehicles: -€6,874
- Cash -€5,039
down €5,039 (-25.3%), from €19,951 to €14,912
mainly Net result for the year (-€8,454) and Debts after one year (-€7,505)
- Stocks and contracts +€2,401
up €2,401 (+48.6%), from €4,943 to €7,344
- Profit (loss) carried forward -€8,454
down €8,454 (-49.0%), from -€17,260 to -€25,715
- Debts after one year -€7,505
down €7,505 (-62.4%), from €12,035 to €4,530
- Trade debts +€1,992
up €1,992 (+19.0%), from €10,483 to €12,475
- Other debts -€898
down €898 (-2.2%), from €41,400 to €40,502
- Other operating charges -€716
down €716 (-43.3%), from €1,655 to €939
- Financial charges +€502
up €502 (+46.5%), from €1,080 to €1,582
- Gross operating margin +€376
up €376 (+6.2%), from €6,059 to €6,435
- Financial income +€252
up €252 (+540.8%), from €47 to €298
- Taxes -€157
down €157 (-45.7%), from €344 to €187
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 | €83,062 | €68,511 | -€14,551 | -17.5% |
| Fixed assets | 21/28 | €38,658 | €26,178 | -€12,480 | -32.3% |
| Tangible fixed assets | 22/27 | €38,608 | €26,128 | -€12,480 | -32.3% |
| Land and buildings | 22 | €24,748 | €19,497 | -€5,252 | -21.2% |
| Plant, machinery and equipment | 23 | €2,989 | €2,634 | -€355 | -11.9% |
| Furniture and vehicles | 24 | €10,871 | €3,997 | -€6,874 | -63.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €44,404 | €42,333 | -€2,071 | -4.7% |
| Stocks and contracts in progress | 3 | €4,943 | €7,344 | +€2,401 | +48.6% |
| Stocks | 30/36 | €4,943 | €7,344 | +€2,401 | +48.6% |
| Amounts receivable within one year | 40/41 | €18,423 | €18,355 | -€68 | -0.4% |
| Trade receivables | 40 | €10,635 | €13,878 | +€3,243 | +30.5% |
| Other amounts receivable | 41 | €7,788 | €4,477 | -€3,311 | -42.5% |
| Cash at bank and in hand | 54/58 | €19,951 | €14,912 | -€5,039 | -25.3% |
| Deferred charges and accrued income | 490/1 | €1,087 | €1,722 | +€635 | +58.5% |
| Total equity and liabilities | 10/49 | €83,062 | €68,511 | -€14,551 | -17.5% |
| Equity | 10/15 | €5,097 | -€3,358 | -€8,454 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,157 | €16,157 | = | 0.0% |
| Distributable reserves | 133 | €16,157 | €16,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,260 | -€25,715 | -€8,454 | -49.0% |
| Amounts payable | 17/49 | €77,966 | €71,869 | -€6,097 | -7.8% |
| Amounts payable after more than one year | 17 | €12,035 | €4,530 | -€7,505 | -62.4% |
| Financial debts | 170/4 | €12,035 | €4,530 | -€7,505 | -62.4% |
| Amounts payable within one year | 42/48 | €64,132 | €65,541 | +€1,409 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €7,188 | €7,505 | +€318 | +4.4% |
| Trade debts | 44 | €10,483 | €12,475 | +€1,992 | +19.0% |
| Suppliers | 440/4 | €10,483 | €12,475 | +€1,992 | +19.0% |
| Advances received on contracts in progress | 46 | €1,431 | €1,431 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,631 | €3,628 | -€3 | -0.1% |
| Taxes | 450/3 | €3,631 | €1,365 | -€2,266 | -62.4% |
| Remuneration and social security | 454/9 | - | €2,263 | +€2,263 | |
| Other amounts payable | 47/48 | €41,400 | €40,502 | -€898 | -2.2% |
| Accrued charges and deferred income | 492/3 | €1,798 | €1,798 | = | 0.0% |
| Non-recurring operating income | 76A | €17,408 | €0 | -€17,408 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,352 | €12,480 | +€128 | +1.0% |
| Other operating charges | 640/8 | €1,655 | €939 | -€716 | -43.3% |
| Gross operating margin | 9900 | €6,059 | €6,435 | +€376 | +6.2% |
| Operating profit (loss) | 9901 | -€7,948 | -€6,984 | +€964 | +12.1% |
| Financial income | 75/76B | €47 | €298 | +€252 | +540.8% |
| Recurring financial income | 75 | €47 | €298 | +€252 | +540.8% |
| Financial charges | 65/66B | €1,080 | €1,582 | +€502 | +46.5% |
| Recurring financial charges | 65 | €1,080 | €1,582 | +€502 | +46.5% |
| Profit (loss) for the period before taxes | 9903 | -€8,981 | -€8,268 | +€713 | +7.9% |
| Income taxes | 67/77 | €344 | €187 | -€157 | -45.7% |
| Profit (loss) for the period | 9904 | -€9,325 | -€8,454 | +€870 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,325 | -€8,454 | +€870 | +9.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.