ESGE Services: 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.
ESGE Services
Largest movements
- Receivables within one year +€163,908
up €163,908 (+422.8%), from €38,763 to €202,671
of which Trade receivables: +€157,909
- Cash -€73,354
down €73,354 (-71.8%), from €102,236 to €28,881
mainly Receivables within one year (-€163,908) and Other debts (-€22,727)
- Tangible fixed assets -€26,284
down €26,284 (-3.6%), from €732,209 to €705,926
of which Land and buildings: -€23,826
- Advances received +€40,000
new in 2025: €40,000
- Trade debts +€39,037
up €39,037 (+31.3%), from €124,631 to €163,669
- Debts after one year +€30,000
up €30,000 (+20.0%), from €150,000 to €180,000
of which Other amounts payable: +€30,000
- Other debts -€22,727
no longer reported in 2025 (was €22,727)
- Tax, wage and social debts -€22,225
down €22,225 (-68.6%), from €32,414 to €10,189
of which Remuneration and social security: -€15,329
- Gross operating margin -€192,309
down €192,309 (-59.1%), from €325,469 to €133,160
- Staff costs -€165,803
down €165,803 (-64.8%), from €255,774 to €89,972
- Depreciation -€22,998
down €22,998 (-44.5%), from €51,642 to €28,644
- Taxes -€15,803
down €15,803, from €11,978 to -€3,825
- Other operating charges -€10,123
down €10,123 (-91.0%), from €11,121 to €998
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 | €897,399 | €963,868 | +€66,469 | +7.4% |
| Fixed assets | 21/28 | €736,569 | €708,816 | -€27,752 | -3.8% |
| Intangible fixed assets | 21 | €4,359 | €2,891 | -€1,469 | -33.7% |
| Tangible fixed assets | 22/27 | €732,209 | €705,926 | -€26,284 | -3.6% |
| Land and buildings | 22 | €725,179 | €701,353 | -€23,826 | -3.3% |
| Plant, machinery and equipment | 23 | €928 | €663 | -€265 | -28.6% |
| Furniture and vehicles | 24 | €6,102 | €3,910 | -€2,192 | -35.9% |
| Current assets | 29/58 | €160,831 | €255,052 | +€94,221 | +58.6% |
| Stocks and contracts in progress | 3 | €15,228 | €16,525 | +€1,297 | +8.5% |
| Stocks | 30/36 | €15,228 | €16,525 | +€1,297 | +8.5% |
| Amounts receivable within one year | 40/41 | €38,763 | €202,671 | +€163,908 | +422.8% |
| Trade receivables | 40 | €27,251 | €185,160 | +€157,909 | +579.5% |
| Other amounts receivable | 41 | €11,512 | €17,511 | +€5,999 | +52.1% |
| Cash at bank and in hand | 54/58 | €102,236 | €28,881 | -€73,354 | -71.8% |
| Deferred charges and accrued income | 490/1 | €4,604 | €6,975 | +€2,371 | +51.5% |
| Total equity and liabilities | 10/49 | €897,399 | €963,868 | +€66,469 | +7.4% |
| Equity | 10/15 | €567,294 | €569,486 | +€2,192 | +0.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €270,735 | €270,735 | = | 0.0% |
| Distributable reserves | 133 | €270,735 | €270,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €290,259 | €292,451 | +€2,192 | +0.8% |
| Amounts payable | 17/49 | €330,106 | €394,382 | +€64,277 | +19.5% |
| Amounts payable after more than one year | 17 | €150,000 | €180,000 | +€30,000 | +20.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €100,000 | €130,000 | +€30,000 | +30.0% |
| Amounts payable within one year | 42/48 | €179,856 | €213,932 | +€34,077 | +18.9% |
| Financial debts | 43 | €83 | €75 | -€9 | -10.3% |
| Credit institutions | 430/8 | €83 | €75 | -€9 | -10.3% |
| Trade debts | 44 | €124,631 | €163,669 | +€39,037 | +31.3% |
| Suppliers | 440/4 | €124,631 | €163,669 | +€39,037 | +31.3% |
| Advances received on contracts in progress | 46 | - | €40,000 | +€40,000 | |
| Taxes, remuneration and social security | 45 | €32,414 | €10,189 | -€22,225 | -68.6% |
| Taxes | 450/3 | €10,041 | €3,145 | -€6,896 | -68.7% |
| Remuneration and social security | 454/9 | €22,374 | €7,044 | -€15,329 | -68.5% |
| Other amounts payable | 47/48 | €22,727 | - | -€22,727 | |
| Accrued charges and deferred income | 492/3 | €250 | €450 | +€200 | +80.0% |
| Non-recurring operating income | 76A | €29,047 | €3,940 | -€25,108 | -86.4% |
| Remuneration, social security and pensions | 62 | €255,774 | €89,972 | -€165,803 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,642 | €28,644 | -€22,998 | -44.5% |
| Other operating charges | 640/8 | €11,121 | €998 | -€10,123 | -91.0% |
| Non-recurring operating charges | 66A | - | €11,180 | +€11,180 | |
| Gross operating margin | 9900 | €325,469 | €133,160 | -€192,309 | -59.1% |
| Operating profit (loss) | 9901 | €6,932 | €2,365 | -€4,567 | -65.9% |
| Financial income | 75/76B | €1,461 | €621 | -€840 | -57.5% |
| Recurring financial income | 75 | €1,461 | €621 | -€840 | -57.5% |
| Financial charges | 65/66B | €11,363 | €4,619 | -€6,744 | -59.3% |
| Recurring financial charges | 65 | €11,363 | €4,619 | -€6,744 | -59.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,970 | -€1,633 | +€1,337 | +45.0% |
| Income taxes | 67/77 | €11,978 | -€3,825 | -€15,803 | |
| Profit (loss) for the period | 9904 | -€14,948 | €2,192 | +€17,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,948 | €2,192 | +€17,140 |
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 12 October 2026 via checked.be.