ESKA: 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.
ESKA
Largest movements
- Receivables within one year -€28,858
down €28,858 (-100.0%), from €28,858 to €0
- Financial fixed assets +€15,000
new in 2025: €15,000
- Cash -€4,550
down €4,550 (-15.9%), from €28,642 to €24,092
mainly Investment in fixed assets (net) (-€36,017) and Net result for the year (-€31,096)
- Tangible fixed assets +€4,088
up €4,088 (+9.3%), from €44,151 to €48,238
of which Furniture and vehicles: +€4,481
- Profit (loss) carried forward -€31,096
down €31,096 (-69.5%), from €44,719 to €13,623
- Tax, wage and social debts +€7,896
up €7,896 (+24.4%), from €32,347 to €40,243
of which Remuneration and social security: +€6,600
- Trade debts +€5,499
up €5,499 (+54.8%), from €10,030 to €15,529
- Other debts +€3,381
up €3,381 (+44.8%), from €7,555 to €10,936
- Staff costs +€64,797
up €64,797 (+48.0%), from €134,855 to €199,652
- Taxes -€17,465
down €17,465, from €14,629 to -€2,836
- Gross operating margin -€17,351
down €17,351 (-8.5%), from €203,846 to €186,495
- Depreciation +€8,736
up €8,736 (+106.6%), from €8,194 to €16,929
- Other operating charges +€3,207
up €3,207 (+345.3%), from €929 to €4,135
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 | €101,650 | €87,331 | -€14,320 | -14.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €44,151 | €63,238 | +€19,088 | +43.2% |
| Tangible fixed assets | 22/27 | €44,151 | €48,238 | +€4,088 | +9.3% |
| Plant, machinery and equipment | 23 | €641 | €248 | -€393 | -61.3% |
| Furniture and vehicles | 24 | €43,510 | €47,991 | +€4,481 | +10.3% |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €57,500 | €24,092 | -€33,407 | -58.1% |
| Amounts receivable within one year | 40/41 | €28,858 | €0 | -€28,858 | -100.0% |
| Trade receivables | 40 | €28,858 | €0 | -€28,858 | -100.0% |
| Cash at bank and in hand | 54/58 | €28,642 | €24,092 | -€4,550 | -15.9% |
| Total equity and liabilities | 10/49 | €101,650 | €87,331 | -€14,320 | -14.1% |
| Equity | 10/15 | €51,719 | €20,623 | -€31,096 | -60.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,719 | €13,623 | -€31,096 | -69.5% |
| Amounts payable | 17/49 | €49,931 | €66,708 | +€16,776 | +33.6% |
| Amounts payable within one year | 42/48 | €49,931 | €66,708 | +€16,776 | +33.6% |
| Trade debts | 44 | €10,030 | €15,529 | +€5,499 | +54.8% |
| Suppliers | 440/4 | €10,030 | €15,529 | +€5,499 | +54.8% |
| Taxes, remuneration and social security | 45 | €32,347 | €40,243 | +€7,896 | +24.4% |
| Taxes | 450/3 | €23,671 | €24,967 | +€1,296 | +5.5% |
| Remuneration and social security | 454/9 | €8,676 | €15,276 | +€6,600 | +76.1% |
| Other amounts payable | 47/48 | €7,555 | €10,936 | +€3,381 | +44.8% |
| Non-recurring operating income | 76A | €277 | €0 | -€277 | -100.0% |
| Remuneration, social security and pensions | 62 | €134,855 | €199,652 | +€64,797 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,194 | €16,929 | +€8,736 | +106.6% |
| Other operating charges | 640/8 | €929 | €4,135 | +€3,207 | +345.3% |
| Non-recurring operating charges | 66A | €492 | €35 | -€458 | -93.0% |
| Gross operating margin | 9900 | €203,846 | €186,495 | -€17,351 | -8.5% |
| Operating profit (loss) | 9901 | €59,377 | -€34,256 | -€93,633 | |
| Financial income | 75/76B | €0 | €324 | +€324 | |
| Recurring financial income | 75 | €0 | €324 | +€324 | |
| Financial charges | 65/66B | €862 | - | -€862 | |
| Recurring financial charges | 65 | €862 | - | -€862 | |
| Profit (loss) for the period before taxes | 9903 | €58,514 | -€33,932 | -€92,446 | |
| Income taxes | 67/77 | €14,629 | -€2,836 | -€17,465 | |
| Profit (loss) for the period | 9904 | €43,886 | -€31,096 | -€74,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,886 | -€31,096 | -€74,982 |
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.