ESG SERVICES: 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.
ESG SERVICES
Largest movements
- Receivables within one year -€24,602
down €24,602 (-22.6%), from €108,731 to €84,129
of which Trade receivables: -€37,257
- Cash -€21,726
down €21,726 (-69.9%), from €31,071 to €9,345
mainly Trade debts (-€38,456) and Net result for the year (-€18,817)
- Tangible fixed assets -€3,193
down €3,193 (-7.4%), from €43,041 to €39,848
of which Other tangible fixed assets: -€3,810
- Trade debts -€38,456
down €38,456 (-81.4%), from €47,219 to €8,763
- Other debts +€27,486
up €27,486 (+33.1%), from €83,120 to €110,606
- Profit (loss) carried forward -€18,817
down €18,817 (-200.5%), from -€9,383 to -€28,200
- Tax, wage and social debts -€11,948
down €11,948 (-55.0%), from €21,735 to €9,786
of which Taxes: -€7,986
- Debts after one year -€5,448
down €5,448 (-24.4%), from €22,326 to €16,877
- Gross operating margin -€24,399
down €24,399 (-31.4%), from €77,744 to €53,345
- Other operating charges -€2,666
down €2,666 (-77.1%), from €3,458 to €793
- Taxes -€2,364
no longer reported in 2025 (was €2,364)
- Financial income +€1,727
up €1,727 (+104.5%), from €1,653 to €3,380
- Write-downs +€1,560
new in 2025: €1,560
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 | €185,407 | €137,546 | -€47,861 | -25.8% |
| Fixed assets | 21/28 | €43,434 | €40,241 | -€3,193 | -7.4% |
| Tangible fixed assets | 22/27 | €43,041 | €39,848 | -€3,193 | -7.4% |
| Furniture and vehicles | 24 | €12,985 | €13,602 | +€617 | +4.8% |
| Other tangible fixed assets | 26 | €30,056 | €26,246 | -€3,810 | -12.7% |
| Financial fixed assets | 28 | €393 | €393 | = | 0.0% |
| Current assets | 29/58 | €141,973 | €97,305 | -€44,668 | -31.5% |
| Amounts receivable within one year | 40/41 | €108,731 | €84,129 | -€24,602 | -22.6% |
| Trade receivables | 40 | €54,293 | €17,036 | -€37,257 | -68.6% |
| Other amounts receivable | 41 | €54,437 | €67,093 | +€12,655 | +23.2% |
| Cash at bank and in hand | 54/58 | €31,071 | €9,345 | -€21,726 | -69.9% |
| Deferred charges and accrued income | 490/1 | €2,172 | €3,831 | +€1,659 | +76.4% |
| Total equity and liabilities | 10/49 | €185,407 | €137,546 | -€47,861 | -25.8% |
| Equity | 10/15 | €3,672 | -€15,145 | -€18,817 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,855 | €6,855 | = | 0.0% |
| Distributable reserves | 133 | €6,855 | €6,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,383 | -€28,200 | -€18,817 | -200.5% |
| Amounts payable | 17/49 | €181,735 | €152,691 | -€29,044 | -16.0% |
| Amounts payable after more than one year | 17 | €22,326 | €16,877 | -€5,448 | -24.4% |
| Financial debts | 170/4 | €22,326 | €16,877 | -€5,448 | -24.4% |
| Amounts payable within one year | 42/48 | €159,410 | €135,814 | -€23,596 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €5,202 | €5,448 | +€246 | +4.7% |
| Financial debts | 43 | €2,134 | €1,210 | -€924 | -43.3% |
| Credit institutions | 430/8 | €2,134 | €1,210 | -€924 | -43.3% |
| Trade debts | 44 | €47,219 | €8,763 | -€38,456 | -81.4% |
| Suppliers | 440/4 | €47,219 | €8,763 | -€38,456 | -81.4% |
| Taxes, remuneration and social security | 45 | €21,735 | €9,786 | -€11,948 | -55.0% |
| Taxes | 450/3 | €10,085 | €2,099 | -€7,986 | -79.2% |
| Remuneration and social security | 454/9 | €11,650 | €7,687 | -€3,963 | -34.0% |
| Other amounts payable | 47/48 | €83,120 | €110,606 | +€27,486 | +33.1% |
| Non-recurring operating income | 76A | €1,651 | - | -€1,651 | |
| Remuneration, social security and pensions | 62 | €58,994 | €60,391 | +€1,398 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,033 | €10,372 | +€339 | +3.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,560 | +€1,560 | |
| Other operating charges | 640/8 | €3,458 | €793 | -€2,666 | -77.1% |
| Gross operating margin | 9900 | €77,744 | €53,345 | -€24,399 | -31.4% |
| Operating profit (loss) | 9901 | €5,259 | -€19,771 | -€25,030 | |
| Financial income | 75/76B | €1,653 | €3,380 | +€1,727 | +104.5% |
| Recurring financial income | 75 | €1,653 | €3,380 | +€1,727 | +104.5% |
| Financial charges | 65/66B | €3,784 | €2,427 | -€1,358 | -35.9% |
| Recurring financial charges | 65 | €3,784 | €2,427 | -€1,358 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €3,127 | -€18,817 | -€21,944 | |
| Income taxes | 67/77 | €2,364 | - | -€2,364 | |
| Profit (loss) for the period | 9904 | €764 | -€18,817 | -€19,581 | |
| Profit (loss) for the period to be appropriated | 9905 | €764 | -€18,817 | -€19,581 |
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 6 October 2026 via checked.be.