ESES TRANS: 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.
ESES TRANS
Largest movements
- Receivables within one year +€28,867
up €28,867 (+30.3%), from €95,224 to €124,090
of which Trade receivables: +€49,582
- Tangible fixed assets -€12,767
down €12,767 (-51.6%), from €24,743 to €11,977
- Cash -€3,812
down €3,812 (-74.9%), from €5,091 to €1,279
mainly Receivables within one year (-€28,867) and Debts after one year (-€6,271)
- Accrued charges and deferred income +€15,363
up €15,363 (+1,024%), from €1,500 to €16,863
- Debts after one year -€6,271
no longer reported in 2025 (was €6,271)
- Trade debts +€4,539
new in 2025: €4,539
- Reserves -€2,419
down €2,419 (-3.2%), from €75,775 to €73,356
of which Distributable reserves: -€2,419
- Staff costs +€14,337
up €14,337 (+8.0%), from €179,580 to €193,917
- Other operating charges +€7,479
up €7,479 (+179%), from €4,182 to €11,661
- Taxes -€4,705
down €4,705 (-77.7%), from €6,055 to €1,350
- Gross operating margin +€3,752
up €3,752 (+1.7%), from €219,134 to €222,886
- Depreciation +€3,395
up €3,395 (+29.6%), from €11,483 to €14,877
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,099 | €137,386 | +€12,287 | +9.8% |
| Fixed assets | 21/28 | €24,783 | €12,017 | -€12,767 | -51.5% |
| Tangible fixed assets | 22/27 | €24,743 | €11,977 | -€12,767 | -51.6% |
| Furniture and vehicles | 24 | €24,743 | €11,977 | -€12,767 | -51.6% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €100,315 | €125,369 | +€25,054 | +25.0% |
| Amounts receivable within one year | 40/41 | €95,224 | €124,090 | +€28,867 | +30.3% |
| Trade receivables | 40 | €57,987 | €107,569 | +€49,582 | +85.5% |
| Other amounts receivable | 41 | €37,237 | €16,521 | -€20,716 | -55.6% |
| Cash at bank and in hand | 54/58 | €5,091 | €1,279 | -€3,812 | -74.9% |
| Total equity and liabilities | 10/49 | €125,099 | €137,386 | +€12,287 | +9.8% |
| Equity | 10/15 | €88,175 | €85,756 | -€2,419 | -2.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €75,775 | €73,356 | -€2,419 | -3.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,684 | €13,684 | = | 0.0% |
| Distributable reserves | 133 | €60,232 | €57,813 | -€2,419 | -4.0% |
| Amounts payable | 17/49 | €36,923 | €51,630 | +€14,707 | +39.8% |
| Amounts payable after more than one year | 17 | €6,271 | - | -€6,271 | |
| Financial debts | 170/4 | €6,271 | - | -€6,271 | |
| Amounts payable within one year | 42/48 | €29,152 | €34,766 | +€5,615 | +19.3% |
| Current portion of amounts payable after more than one year | 42 | - | €994 | +€994 | |
| Trade debts | 44 | - | €4,539 | +€4,539 | |
| Suppliers | 440/4 | - | €4,539 | +€4,539 | |
| Taxes, remuneration and social security | 45 | €29,152 | €29,234 | +€82 | +0.3% |
| Taxes | 450/3 | €10,200 | €11,548 | +€1,348 | +13.2% |
| Remuneration and social security | 454/9 | €18,952 | €17,686 | -€1,266 | -6.7% |
| Accrued charges and deferred income | 492/3 | €1,500 | €16,863 | +€15,363 | +1,024% |
| Remuneration, social security and pensions | 62 | €179,580 | €193,917 | +€14,337 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,483 | €14,877 | +€3,395 | +29.6% |
| Other operating charges | 640/8 | €4,182 | €11,661 | +€7,479 | +179% |
| Gross operating margin | 9900 | €219,134 | €222,886 | +€3,752 | +1.7% |
| Operating profit (loss) | 9901 | €23,890 | €2,431 | -€21,459 | -89.8% |
| Financial income | 75/76B | €125 | €963 | +€839 | +673% |
| Recurring financial income | 75 | €125 | €963 | +€839 | +673% |
| Financial charges | 65/66B | €3,829 | €4,463 | +€635 | +16.6% |
| Recurring financial charges | 65 | €3,829 | €4,463 | +€635 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €20,186 | -€1,069 | -€21,255 | |
| Income taxes | 67/77 | €6,055 | €1,350 | -€4,705 | -77.7% |
| Profit (loss) for the period | 9904 | €14,131 | -€2,419 | -€16,550 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,131 | -€2,419 | -€16,550 |
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 27 October 2026 via checked.be.