ESIPA: 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.
ESIPA
Largest movements
- Tangible fixed assets +€2,129
up €2,129 (+165.8%), from €1,284 to €3,413
of which Plant, machinery and equipment: +€1,816
- Current assets +€1,233
up €1,233 (+4.3%), from €28,756 to €29,989
of which Deferred charges and accrued income: +€1,831
- Debts within one year +€8,687
up €8,687 (+53.5%), from €16,232 to €24,919
of which Other debts: +€11,700
- Equity -€5,325
down €5,325 (-38.6%), from €13,808 to €8,483
of which Profit (loss) carried forward: -€5,325
- Gross operating margin -€25,934
down €25,934, from €20,609 to -€5,325
- Purchases and services +€5,325
new in 2021: €5,325
- Taxes -€1,900
no longer reported in 2021 (was €1,900)
- Depreciation -€546
no longer reported in 2021 (was €546)
From the 2020 result to the 2021 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,040 | €33,402 | +€3,362 | +11.2% |
| Fixed assets | 21/28 | €1,284 | €3,413 | +€2,129 | +165.8% |
| Tangible fixed assets | 22/27 | €1,284 | €3,413 | +€2,129 | +165.8% |
| Plant, machinery and equipment | 23 | - | €1,816 | +€1,816 | |
| Furniture and vehicles | 24 | - | €1,597 | +€1,597 | |
| Current assets | 29/58 | €28,756 | €29,989 | +€1,233 | +4.3% |
| Amounts receivable within one year | 40/41 | €544 | €1,777 | +€1,233 | +226.7% |
| Other amounts receivable | 41 | - | €1,777 | +€1,777 | |
| Cash at bank and in hand | 54/58 | €26,381 | €26,381 | = | 0.0% |
| Deferred charges and accrued income | 490/1 | - | €1,831 | +€1,831 | |
| Total equity and liabilities | 10/49 | €30,040 | €33,402 | +€3,362 | +11.2% |
| Equity | 10/15 | €13,808 | €8,483 | -€5,325 | -38.6% |
| Contributions | 10/11 | - | €6,200 | +€6,200 | |
| Profit (loss) carried forward | 14 | €7,608 | €2,283 | -€5,325 | -70.0% |
| Amounts payable | 17/49 | €16,232 | €24,919 | +€8,687 | +53.5% |
| Amounts payable within one year | 42/48 | €16,232 | €24,919 | +€8,687 | +53.5% |
| Trade debts | 44 | €1,282 | €9,969 | +€8,687 | +677.9% |
| Suppliers | 440/4 | - | €9,969 | +€9,969 | |
| Taxes, remuneration and social security | 45 | - | €3,250 | +€3,250 | |
| Taxes | 450/3 | - | €3,250 | +€3,250 | |
| Other amounts payable | 47/48 | - | €11,700 | +€11,700 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €5,325 | +€5,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €546 | - | -€546 | |
| Gross operating margin | 9900 | €20,609 | -€5,325 | -€25,934 | |
| Operating profit (loss) | 9901 | €19,716 | -€5,325 | -€25,041 | |
| Recurring financial income | 75 | €304 | - | -€304 | |
| Recurring financial charges | 65 | €132 | - | -€132 | |
| Profit (loss) for the period before taxes | 9903 | €19,887 | -€5,325 | -€25,212 | |
| Income taxes | 67/77 | €1,900 | - | -€1,900 | |
| Profit (loss) for the period | 9904 | €17,987 | -€5,325 | -€23,312 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,987 | -€5,325 | -€23,312 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.