ESIRI: 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.
ESIRI
Largest movements
- Receivables after one year +€250,000
new in 2024: €250,000
- Cash -€79,395
down €79,395 (-69.6%), from €114,049 to €34,654
mainly Receivables after one year (-€250,000) and Receivables within one year (-€687)
- Tangible fixed assets -€38,378
down €38,378 (-13.8%), from €278,287 to €239,909
of which Furniture and vehicles: -€28,542
- Stocks and contracts -€7,549
down €7,549 (-73.5%), from €10,264 to €2,715
- Profit (loss) carried forward +€88,656
up €88,656, from -€15,911 to €72,745
- Other debts +€26,242
new in 2024: €26,242
- Tax, wage and social debts +€6,514
up €6,514 (+58.3%), from €11,168 to €17,682
of which Taxes: +€5,259
- Staff costs -€8,113
down €8,113 (-33.2%), from €24,437 to €16,324
- Gross operating margin -€3,505
down €3,505 (-2.3%), from €150,015 to €146,511
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €411,336 | €536,700 | +€125,365 | +30.5% |
| Fixed assets | 21/28 | €279,337 | €240,959 | -€38,378 | -13.7% |
| Tangible fixed assets | 22/27 | €278,287 | €239,909 | -€38,378 | -13.8% |
| Plant, machinery and equipment | 23 | €34,585 | €26,191 | -€8,394 | -24.3% |
| Furniture and vehicles | 24 | €232,231 | €203,689 | -€28,542 | -12.3% |
| Other tangible fixed assets | 26 | €11,471 | €10,029 | -€1,442 | -12.6% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €131,998 | €295,741 | +€163,743 | +124.0% |
| Amounts receivable after more than one year | 29 | - | €250,000 | +€250,000 | |
| Other amounts receivable | 291 | - | €250,000 | +€250,000 | |
| Stocks and contracts in progress | 3 | €10,264 | €2,715 | -€7,549 | -73.5% |
| Stocks | 30/36 | €10,264 | €2,715 | -€7,549 | -73.5% |
| Amounts receivable within one year | 40/41 | €7,686 | €8,373 | +€687 | +8.9% |
| Other amounts receivable | 41 | €7,686 | €8,373 | +€687 | +8.9% |
| Cash at bank and in hand | 54/58 | €114,049 | €34,654 | -€79,395 | -69.6% |
| Total equity and liabilities | 10/49 | €411,336 | €536,700 | +€125,365 | +30.5% |
| Equity | 10/15 | -€10,911 | €77,745 | +€88,656 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,911 | €72,745 | +€88,656 | |
| Amounts payable | 17/49 | €422,247 | €458,956 | +€36,708 | +8.7% |
| Amounts payable after more than one year | 17 | €307,174 | €307,174 | = | 0.0% |
| Other amounts payable | 178/9 | €307,174 | €307,174 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,073 | €130,781 | +€36,708 | +39.0% |
| Trade debts | 44 | €82,905 | €86,857 | +€3,952 | +4.8% |
| Suppliers | 440/4 | €82,905 | €86,857 | +€3,952 | +4.8% |
| Taxes, remuneration and social security | 45 | €11,168 | €17,682 | +€6,514 | +58.3% |
| Taxes | 450/3 | €7,514 | €12,773 | +€5,259 | +70.0% |
| Remuneration and social security | 454/9 | €3,654 | €4,910 | +€1,255 | +34.4% |
| Other amounts payable | 47/48 | - | €26,242 | +€26,242 | |
| Accrued charges and deferred income | 492/3 | €21,000 | €21,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €24,437 | €16,324 | -€8,113 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,646 | €38,378 | +€732 | +1.9% |
| Other operating charges | 640/8 | €1,561 | €2,841 | +€1,280 | +82.0% |
| Gross operating margin | 9900 | €150,015 | €146,511 | -€3,505 | -2.3% |
| Operating profit (loss) | 9901 | €86,372 | €88,968 | +€2,597 | +3.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | +1300.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1300.0% |
| Financial charges | 65/66B | €170 | €312 | +€142 | +83.3% |
| Recurring financial charges | 65 | €170 | €312 | +€142 | +83.3% |
| Profit (loss) for the period before taxes | 9903 | €86,201 | €88,656 | +€2,455 | +2.8% |
| Profit (loss) for the period | 9904 | €86,201 | €88,656 | +€2,455 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €86,201 | €88,656 | +€2,455 | +2.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.