ESIDO: 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.
ESIDO
Largest movements
- Cash -€9,171
down €9,171 (-8.6%), from €107,243 to €98,071
mainly Investment in fixed assets (net) (-€25,795) and Receivables within one year (-€4,376)
- Tangible fixed assets +€6,809
up €6,809 (+8.5%), from €80,127 to €86,936
of which Furniture and vehicles: +€8,488
- Receivables within one year +€4,376
up €4,376 (+3.7%), from €117,449 to €121,825
of which Trade receivables: +€11,691
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€20,186
down €20,186 (-55.6%), from €36,337 to €16,151
- Taxes -€5,817
down €5,817 (-97.4%), from €5,971 to €153
- Depreciation -€1,985
down €1,985 (-10.4%), from €19,171 to €17,186
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 | €314,975 | €317,173 | +€2,198 | +0.7% |
| Fixed assets | 21/28 | €80,598 | €89,207 | +€8,609 | +10.7% |
| Tangible fixed assets | 22/27 | €80,127 | €86,936 | +€6,809 | +8.5% |
| Land and buildings | 22 | €38,269 | €36,590 | -€1,679 | -4.4% |
| Furniture and vehicles | 24 | €41,858 | €50,346 | +€8,488 | +20.3% |
| Financial fixed assets | 28 | €471 | €2,271 | +€1,800 | +382.5% |
| Current assets | 29/58 | €234,378 | €227,967 | -€6,411 | -2.7% |
| Stocks and contracts in progress | 3 | €8,119 | €7,972 | -€147 | -1.8% |
| Stocks | 30/36 | €8,119 | €7,972 | -€147 | -1.8% |
| Amounts receivable within one year | 40/41 | €117,449 | €121,825 | +€4,376 | +3.7% |
| Trade receivables | 40 | €104,258 | €115,949 | +€11,691 | +11.2% |
| Other amounts receivable | 41 | €13,191 | €5,876 | -€7,315 | -55.5% |
| Cash at bank and in hand | 54/58 | €107,243 | €98,071 | -€9,171 | -8.6% |
| Deferred charges and accrued income | 490/1 | €1,567 | €99 | -€1,468 | -93.7% |
| Total equity and liabilities | 10/49 | €314,975 | €317,173 | +€2,198 | +0.7% |
| Equity | 10/15 | €251,129 | €248,195 | -€2,934 | -1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,529 | €229,595 | -€2,934 | -1.3% |
| Distributable reserves | 133 | €232,529 | €229,595 | -€2,934 | -1.3% |
| Amounts payable | 17/49 | €63,846 | €68,978 | +€5,132 | +8.0% |
| Amounts payable within one year | 42/48 | €63,846 | €68,978 | +€5,132 | +8.0% |
| Trade debts | 44 | €227 | €327 | +€100 | +44.0% |
| Suppliers | 440/4 | €227 | €327 | +€100 | +44.0% |
| Taxes, remuneration and social security | 45 | €260 | €2,562 | +€2,301 | +884.1% |
| Taxes | 450/3 | €260 | €2,562 | +€2,301 | +884.1% |
| Other amounts payable | 47/48 | €63,359 | €66,089 | +€2,731 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,171 | €17,186 | -€1,985 | -10.4% |
| Other operating charges | 640/8 | €1,488 | €1,513 | +€25 | +1.7% |
| Gross operating margin | 9900 | €36,337 | €16,151 | -€20,186 | -55.6% |
| Operating profit (loss) | 9901 | €15,678 | -€2,549 | -€18,226 | |
| Financial income | 75/76B | €1 | €6 | +€6 | +823.9% |
| Recurring financial income | 75 | €1 | €6 | +€6 | +823.9% |
| Financial charges | 65/66B | €109 | €238 | +€129 | +118.1% |
| Recurring financial charges | 65 | €109 | €238 | +€129 | +118.1% |
| Profit (loss) for the period before taxes | 9903 | €15,569 | -€2,781 | -€18,350 | |
| Income taxes | 67/77 | €5,971 | €153 | -€5,817 | -97.4% |
| Profit (loss) for the period | 9904 | €9,598 | -€2,934 | -€12,532 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,598 | -€2,934 | -€12,532 |
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.