ESIX: 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.
ESIX
Largest movements
- Stocks and contracts -€292,699
down €292,699 (-13.0%), from €2.3m to €2.0m
- Tangible fixed assets -€96,179
down €96,179 (-98.4%), from €97,705 to €1,526
of which Land and buildings: -€94,653
- Receivables within one year -€35,351
down €35,351 (-37.0%), from €95,443 to €60,092
of which Trade receivables: -€91,690
- Other debts -€704,539
down €704,539 (-92.7%), from €759,734 to €55,196
- Debts after one year +€291,642
up €291,642 (+19.8%), from €1.5m to €1.8m
of which Other amounts payable: +€1.1m
- Gross operating margin -€81,684
down €81,684 (-39.8%), from €205,088 to €123,404
- Financial charges -€65,922
down €65,922 (-36.9%), from €178,878 to €112,956
- Depreciation -€14,200
down €14,200 (-90.3%), from €15,726 to €1,526
- Financial income -€9,023
down €9,023 (-99.8%), from €9,038 to €15
of which Non-recurring financial income: -€8,750
- Other operating charges -€5,280
down €5,280 (-38.1%), from €13,875 to €8,596
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.
Derived cash bridge
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 | €2,453,042 | €2,038,632 | -€414,410 | -16.9% |
| Fixed assets | 21/28 | €97,797 | €1,619 | -€96,179 | -98.3% |
| Tangible fixed assets | 22/27 | €97,705 | €1,526 | -€96,179 | -98.4% |
| Land and buildings | 22 | €94,653 | €0 | -€94,653 | -100% |
| Furniture and vehicles | 24 | €3,052 | €1,526 | -€1,526 | -50.0% |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €2,355,245 | €2,037,014 | -€318,231 | -13.5% |
| Stocks and contracts in progress | 3 | €2,254,760 | €1,962,061 | -€292,699 | -13.0% |
| Contracts in progress | 37 | €2,254,760 | €1,962,061 | -€292,699 | -13.0% |
| Amounts receivable within one year | 40/41 | €95,443 | €60,092 | -€35,351 | -37.0% |
| Trade receivables | 40 | €95,443 | €3,753 | -€91,690 | -96.1% |
| Other amounts receivable | 41 | - | €56,339 | +€56,339 | |
| Cash at bank and in hand | 54/58 | €3,450 | €10,386 | +€6,936 | +201% |
| Deferred charges and accrued income | 490/1 | €1,593 | €4,475 | +€2,882 | +181% |
| Total equity and liabilities | 10/49 | €2,453,042 | €2,038,632 | -€414,410 | -16.9% |
| Equity | 10/15 | €182,210 | €182,386 | +€176 | +0.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €5,150 | €5,150 | = | 0.0% |
| Distributable reserves | 133 | €5,150 | €5,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,060 | €77,236 | +€176 | +0.2% |
| Amounts payable | 17/49 | €2,270,832 | €1,856,246 | -€414,586 | -18.3% |
| Amounts payable after more than one year | 17 | €1,470,358 | €1,762,000 | +€291,642 | +19.8% |
| Financial debts | 170/4 | €1,470,358 | €700,000 | -€770,358 | -52.4% |
| Other amounts payable | 178/9 | - | €1,062,000 | +€1.1m | |
| Amounts payable within one year | 42/48 | €782,451 | €56,752 | -€725,698 | -92.7% |
| Current portion of amounts payable after more than one year | 42 | €18,956 | €0 | -€18,956 | -100% |
| Trade debts | 44 | €1,428 | €1,392 | -€37 | -2.6% |
| Suppliers | 440/4 | €1,428 | €1,392 | -€37 | -2.6% |
| Taxes, remuneration and social security | 45 | €2,332 | €165 | -€2,166 | -92.9% |
| Taxes | 450/3 | €2,332 | €165 | -€2,166 | -92.9% |
| Other amounts payable | 47/48 | €759,734 | €55,196 | -€704,539 | -92.7% |
| Accrued charges and deferred income | 492/3 | €18,023 | €37,494 | +€19,470 | +108% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,726 | €1,526 | -€14,200 | -90.3% |
| Other operating charges | 640/8 | €13,875 | €8,596 | -€5,280 | -38.1% |
| Gross operating margin | 9900 | €205,088 | €123,404 | -€81,684 | -39.8% |
| Operating profit (loss) | 9901 | €175,486 | €113,282 | -€62,204 | -35.4% |
| Financial income | 75/76B | €9,038 | €15 | -€9,023 | -99.8% |
| Recurring financial income | 75 | €288 | €15 | -€273 | -94.8% |
| Non-recurring financial income | 76B | €8,750 | - | -€8,750 | |
| Financial charges | 65/66B | €178,878 | €112,956 | -€65,922 | -36.9% |
| Recurring financial charges | 65 | €178,878 | €112,956 | -€65,922 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €5,646 | €341 | -€5,305 | -94.0% |
| Income taxes | 67/77 | €2,336 | €165 | -€2,170 | -92.9% |
| Profit (loss) for the period | 9904 | €3,310 | €176 | -€3,135 | -94.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,310 | €176 | -€3,135 | -94.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.