ESJA: 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.
ESJA
Largest movements
- Tangible fixed assets -€5,909
down €5,909 (-32.6%), from €18,114 to €12,205
of which Furniture and vehicles: -€3,208
- Cash +€2,045
up €2,045 (+4.1%), from €50,380 to €52,425
mainly Other debts (+€23,526) and Depreciation (+€7,909)
- Intangible fixed assets -€2,000
down €2,000 (-13.8%), from €14,493 to €12,493
- Other debts +€23,526
up €23,526 (+2723.4%), from €864 to €24,390
- Reserves -€20,825
down €20,825 (-22.8%), from €91,383 to €70,559
- Tax, wage and social debts -€7,776
down €7,776 (-78.3%), from €9,933 to €2,156
- Gross operating margin -€24,784
down €24,784 (-60.7%), from €40,799 to €16,014
- Depreciation -€6,031
down €6,031 (-43.3%), from €13,939 to €7,909
- Taxes -€3,527
down €3,527 (-49.7%), from €7,092 to €3,564
- Financial income -€446
down €446 (-57.6%), from €773 to €328
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 | €114,771 | €109,377 | -€5,394 | -4.7% |
| Fixed assets | 21/28 | €32,607 | €24,698 | -€7,909 | -24.3% |
| Intangible fixed assets | 21 | €14,493 | €12,493 | -€2,000 | -13.8% |
| Tangible fixed assets | 22/27 | €18,114 | €12,205 | -€5,909 | -32.6% |
| Plant, machinery and equipment | 23 | €3,399 | €1,741 | -€1,658 | -48.8% |
| Furniture and vehicles | 24 | €6,311 | €3,103 | -€3,208 | -50.8% |
| Other tangible fixed assets | 26 | €8,404 | €7,361 | -€1,043 | -12.4% |
| Current assets | 29/58 | €82,164 | €84,679 | +€2,515 | +3.1% |
| Amounts receivable within one year | 40/41 | €31,011 | €31,988 | +€977 | +3.2% |
| Trade receivables | 40 | €28,986 | €17,391 | -€11,594 | -40.0% |
| Other amounts receivable | 41 | €2,025 | €14,597 | +€12,572 | +620.8% |
| Cash at bank and in hand | 54/58 | €50,380 | €52,425 | +€2,045 | +4.1% |
| Deferred charges and accrued income | 490/1 | €773 | €266 | -€508 | -65.6% |
| Total equity and liabilities | 10/49 | €114,771 | €109,377 | -€5,394 | -4.7% |
| Equity | 10/15 | €96,383 | €75,559 | -€20,825 | -21.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €91,383 | €70,559 | -€20,825 | -22.8% |
| Distributable reserves | 133 | €91,383 | €70,559 | -€20,825 | -22.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €18,388 | €33,818 | +€15,430 | +83.9% |
| Amounts payable within one year | 42/48 | €18,388 | €33,818 | +€15,430 | +83.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €7,591 | €7,272 | -€320 | -4.2% |
| Suppliers | 440/4 | €7,591 | €7,272 | -€320 | -4.2% |
| Taxes, remuneration and social security | 45 | €9,933 | €2,156 | -€7,776 | -78.3% |
| Taxes | 450/3 | €9,933 | €2,156 | -€7,776 | -78.3% |
| Other amounts payable | 47/48 | €864 | €24,390 | +€23,526 | +2723.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,939 | €7,909 | -€6,031 | -43.3% |
| Other operating charges | 640/8 | €1,332 | €1,258 | -€75 | -5.6% |
| Gross operating margin | 9900 | €40,799 | €16,014 | -€24,784 | -60.7% |
| Operating profit (loss) | 9901 | €25,527 | €6,848 | -€18,679 | -73.2% |
| Financial income | 75/76B | €773 | €328 | -€446 | -57.6% |
| Recurring financial income | 75 | €773 | €328 | -€446 | -57.6% |
| Financial charges | 65/66B | €153 | €45 | -€108 | -70.6% |
| Recurring financial charges | 65 | €153 | €45 | -€108 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | €26,147 | €7,130 | -€19,017 | -72.7% |
| Income taxes | 67/77 | €7,092 | €3,564 | -€3,527 | -49.7% |
| Profit (loss) for the period | 9904 | €19,055 | €3,566 | -€15,490 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,055 | €3,566 | -€15,490 | -81.3% |
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.