ESEN TECHNICS: 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.
ESEN TECHNICS
Largest movements
- Receivables within one year -€19,211
down €19,211 (-40.3%), from €47,674 to €28,463
of which Trade receivables: -€28,885
- Tangible fixed assets -€6,942
down €6,942 (-34.0%), from €20,445 to €13,504
of which Plant, machinery and equipment: -€6,765
- Tax, wage and social debts -€20,433
down €20,433 (-47.3%), from €43,183 to €22,750
of which Taxes: -€13,270
- Profit (loss) carried forward -€3,619
down €3,619 (-3.8%), from €95,695 to €92,076
- Gross operating margin -€75,093
down €75,093 (-63.3%), from €118,599 to €43,506
- Taxes -€12,122
down €12,122 (-73.2%), from €16,570 to €4,448
- Staff costs -€8,207
down €8,207 (-27.8%), from €29,479 to €21,273
- Depreciation +€2,317
up €2,317 (+24.9%), from €9,312 to €11,629
- Financial charges +€2,056
up €2,056 (+50.9%), from €4,038 to €6,094
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 | €157,151 | €132,430 | -€24,721 | -15.7% |
| Fixed assets | 21/28 | €20,445 | €13,504 | -€6,942 | -34.0% |
| Tangible fixed assets | 22/27 | €20,445 | €13,504 | -€6,942 | -34.0% |
| Plant, machinery and equipment | 23 | €17,418 | €10,653 | -€6,765 | -38.8% |
| Furniture and vehicles | 24 | €3,027 | €2,851 | -€176 | -5.8% |
| Current assets | 29/58 | €136,706 | €118,927 | -€17,779 | -13.0% |
| Amounts receivable after more than one year | 29 | €87,819 | €87,819 | = | 0.0% |
| Other amounts receivable | 291 | €87,819 | €87,819 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,674 | €28,463 | -€19,211 | -40.3% |
| Trade receivables | 40 | €44,770 | €15,886 | -€28,885 | -64.5% |
| Other amounts receivable | 41 | €2,904 | €12,578 | +€9,674 | +333.1% |
| Cash at bank and in hand | 54/58 | €1,213 | €2,409 | +€1,197 | +98.7% |
| Deferred charges and accrued income | 490/1 | - | €235 | +€235 | |
| Total equity and liabilities | 10/49 | €157,151 | €132,430 | -€24,721 | -15.7% |
| Equity | 10/15 | €100,695 | €97,076 | -€3,619 | -3.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,695 | €92,076 | -€3,619 | -3.8% |
| Amounts payable | 17/49 | €56,456 | €35,355 | -€21,102 | -37.4% |
| Amounts payable within one year | 42/48 | €56,456 | €35,355 | -€21,102 | -37.4% |
| Trade debts | 44 | €13,273 | €12,605 | -€669 | -5.0% |
| Suppliers | 440/4 | €13,273 | €12,605 | -€669 | -5.0% |
| Taxes, remuneration and social security | 45 | €43,183 | €22,750 | -€20,433 | -47.3% |
| Taxes | 450/3 | €35,383 | €22,113 | -€13,270 | -37.5% |
| Remuneration and social security | 454/9 | €7,800 | €637 | -€7,163 | -91.8% |
| Remuneration, social security and pensions | 62 | €29,479 | €21,273 | -€8,207 | -27.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,312 | €11,629 | +€2,317 | +24.9% |
| Other operating charges | 640/8 | €4,883 | €3,987 | -€896 | -18.4% |
| Gross operating margin | 9900 | €118,599 | €43,506 | -€75,093 | -63.3% |
| Operating profit (loss) | 9901 | €74,926 | €6,618 | -€68,307 | -91.2% |
| Financial income | 75/76B | €0 | €304 | +€304 | +3044600.0% |
| Recurring financial income | 75 | €0 | €304 | +€304 | +3044600.0% |
| Financial charges | 65/66B | €4,038 | €6,094 | +€2,056 | +50.9% |
| Recurring financial charges | 65 | €4,038 | €6,094 | +€2,056 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €70,888 | €829 | -€70,059 | -98.8% |
| Income taxes | 67/77 | €16,570 | €4,448 | -€12,122 | -73.2% |
| Profit (loss) for the period | 9904 | €54,318 | -€3,619 | -€57,937 | |
| Profit (loss) for the period to be appropriated | 9905 | €54,318 | -€3,619 | -€57,937 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.