ESL Services: 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.
ESL Services
Largest movements
- Cash -€18,706
down €18,706 (-87.3%), from €21,435 to €2,729
- Receivables within one year +€17,123
up €17,123 (+1,135%), from €1,509 to €18,631
of which Other amounts receivable: +€9,065
- Tangible fixed assets -€4,475
down €4,475 (-53.0%), from €8,445 to €3,970
- Formation expenses -€437
down €437 (-61.7%), from €708 to €272
- Trade debts +€11,453
up €11,453 (+206%), from €5,555 to €17,009
- Profit (loss) carried forward -€9,543
down €9,543 (-89.1%), from €10,708 to €1,165
- Other debts -€7,287
no longer reported in 2024 (was €7,287)
- Tax, wage and social debts -€1,119
down €1,119 (-13.1%), from €8,546 to €7,428
- Gross operating margin -€27,547
down €27,547, from €27,147 to -€401
- Taxes -€4,632
down €4,632 (-96.4%), from €4,805 to €173
- Other operating charges +€697
up €697 (+61.5%), from €1,135 to €1,832
- Depreciation +€279
up €279 (+9.3%), from €2,993 to €3,273
From the 2022 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.
Derived cash bridge
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,097 | €25,602 | -€6,496 | -20.2% |
| Formation expenses | 20 | €708 | €272 | -€437 | -61.7% |
| Fixed assets | 21/28 | €8,445 | €3,970 | -€4,475 | -53.0% |
| Tangible fixed assets | 22/27 | €8,445 | €3,970 | -€4,475 | -53.0% |
| Furniture and vehicles | 24 | €8,445 | €3,970 | -€4,475 | -53.0% |
| Current assets | 29/58 | €22,944 | €21,360 | -€1,584 | -6.9% |
| Amounts receivable within one year | 40/41 | €1,509 | €18,631 | +€17,123 | +1,135% |
| Trade receivables | 40 | - | €8,057 | +€8,057 | |
| Other amounts receivable | 41 | €1,509 | €10,574 | +€9,065 | +601% |
| Cash at bank and in hand | 54/58 | €21,435 | €2,729 | -€18,706 | -87.3% |
| Total equity and liabilities | 10/49 | €32,097 | €25,602 | -€6,496 | -20.2% |
| Equity | 10/15 | €10,708 | €1,165 | -€9,543 | -89.1% |
| Profit (loss) carried forward | 14 | €10,708 | €1,165 | -€9,543 | -89.1% |
| Amounts payable | 17/49 | €21,389 | €24,436 | +€3,048 | +14.2% |
| Amounts payable within one year | 42/48 | €21,389 | €24,436 | +€3,048 | +14.2% |
| Trade debts | 44 | €5,555 | €17,009 | +€11,453 | +206% |
| Suppliers | 440/4 | €5,555 | €17,009 | +€11,453 | +206% |
| Taxes, remuneration and social security | 45 | €8,546 | €7,428 | -€1,119 | -13.1% |
| Taxes | 450/3 | €8,546 | €7,428 | -€1,119 | -13.1% |
| Other amounts payable | 47/48 | €7,287 | - | -€7,287 | |
| Remuneration, social security and pensions | 62 | - | €144 | +€144 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,993 | €3,273 | +€279 | +9.3% |
| Other operating charges | 640/8 | €1,135 | €1,832 | +€697 | +61.5% |
| Gross operating margin | 9900 | €27,147 | -€401 | -€27,547 | |
| Operating profit (loss) | 9901 | €23,019 | -€5,649 | -€28,668 | |
| Financial income | 75/76B | €52 | €1 | -€52 | -99.0% |
| Recurring financial income | 75 | €52 | €1 | -€52 | -99.0% |
| Financial charges | 65/66B | €271 | €524 | +€254 | +93.7% |
| Recurring financial charges | 65 | €271 | €524 | +€254 | +93.7% |
| Profit (loss) for the period before taxes | 9903 | €22,800 | -€6,173 | -€28,973 | |
| Income taxes | 67/77 | €4,805 | €173 | -€4,632 | -96.4% |
| Profit (loss) for the period | 9904 | €17,995 | -€6,346 | -€24,341 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,995 | -€6,346 | -€24,341 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.