ESJEE: 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.
ESJEE
Largest movements
- Receivables within one year -€3,315
down €3,315 (-11.4%), from €29,157 to €25,841
of which Trade receivables: -€3,004
- Cash +€2,631
up €2,631 (+171.7%), from €1,532 to €4,164
mainly Receivables within one year (+€3,315) and Net result for the year (+€1,246)
- Tax, wage and social debts -€1,824
down €1,824 (-43.3%), from €4,213 to €2,390
of which Remuneration and social security: -€2,650
- Trade debts -€1,387
down €1,387 (-93.2%), from €1,487 to €101
- Profit (loss) carried forward +€1,246
up €1,246 (+7.6%), from -€16,293 to -€15,047
- Gross operating margin +€5,047
up €5,047, from -€1,942 to €3,105
- Other operating charges +€723
up €723 (+274.7%), from €263 to €986
- Depreciation -€74
down €74 (-11.8%), from €625 to €551
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 | €107,121 | €105,712 | -€1,409 | -1.3% |
| Fixed assets | 21/28 | €76,258 | €75,707 | -€551 | -0.7% |
| Tangible fixed assets | 22/27 | €1,258 | €707 | -€551 | -43.8% |
| Furniture and vehicles | 24 | €1,258 | €707 | -€551 | -43.8% |
| Financial fixed assets | 28 | €75,000 | €75,000 | = | 0.0% |
| Current assets | 29/58 | €30,863 | €30,005 | -€858 | -2.8% |
| Amounts receivable within one year | 40/41 | €29,157 | €25,841 | -€3,315 | -11.4% |
| Trade receivables | 40 | €3,004 | €0 | -€3,004 | -100.0% |
| Other amounts receivable | 41 | €26,153 | €25,841 | -€311 | -1.2% |
| Cash at bank and in hand | 54/58 | €1,532 | €4,164 | +€2,631 | +171.7% |
| Deferred charges and accrued income | 490/1 | €174 | €0 | -€174 | -100.0% |
| Total equity and liabilities | 10/49 | €107,121 | €105,712 | -€1,409 | -1.3% |
| Equity | 10/15 | €14,684 | €15,931 | +€1,246 | +8.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €5,977 | €5,977 | = | 0.0% |
| Distributable reserves | 133 | €5,977 | €5,977 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,293 | -€15,047 | +€1,246 | +7.6% |
| Amounts payable | 17/49 | €92,436 | €89,781 | -€2,655 | -2.9% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €41,781 | €39,381 | -€2,400 | -5.7% |
| Trade debts | 44 | €1,487 | €101 | -€1,387 | -93.2% |
| Suppliers | 440/4 | €1,487 | €101 | -€1,387 | -93.2% |
| Taxes, remuneration and social security | 45 | €4,213 | €2,390 | -€1,824 | -43.3% |
| Taxes | 450/3 | €1,563 | €2,390 | +€826 | +52.9% |
| Remuneration and social security | 454/9 | €2,650 | €0 | -€2,650 | -100.0% |
| Other amounts payable | 47/48 | €36,081 | €36,891 | +€810 | +2.2% |
| Accrued charges and deferred income | 492/3 | €655 | €400 | -€255 | -38.9% |
| Non-recurring operating income | 76A | €765 | €0 | -€765 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €551 | -€74 | -11.8% |
| Other operating charges | 640/8 | €263 | €986 | +€723 | +274.7% |
| Gross operating margin | 9900 | -€1,942 | €3,105 | +€5,047 | |
| Operating profit (loss) | 9901 | -€2,830 | €1,568 | +€4,398 | |
| Financial charges | 65/66B | €166 | €155 | -€11 | -6.5% |
| Recurring financial charges | 65 | €166 | €155 | -€11 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,996 | €1,413 | +€4,409 | |
| Income taxes | 67/77 | €163 | €167 | +€4 | +2.3% |
| Profit (loss) for the period | 9904 | -€3,159 | €1,246 | +€4,405 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,159 | €1,246 | +€4,405 |
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 10 October 2026 via checked.be.