ESL Solutions: 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 Solutions
Largest movements
- Cash +€9,651
up €9,651 (+48,113%), from €20 to €9,671
mainly Net result for the year (+€10,002) and Depreciation (+€5,556)
- Financial fixed assets -€2,520
no longer reported in 2025 (was €2,520)
- Receivables within one year -€1,244
down €1,244 (-31.3%), from €3,972 to €2,728
of which Trade receivables: -€1,278
- Tangible fixed assets -€1,191
down €1,191 (-9.5%), from €12,595 to €11,405
of which Furniture and vehicles: -€2,383
- Deferred charges and accrued income +€822
new in 2025: €822
- Profit (loss) carried forward +€10,002
up €10,002 (+37.1%), from -€26,964 to -€16,962
- Other debts -€3,580
down €3,580 (-10.2%), from €35,008 to €31,427
- Trade debts -€1,110
down €1,110 (-48.9%), from €2,268 to €1,159
- Tax, wage and social debts +€310
up €310 (+16.9%), from €1,838 to €2,148
- Gross operating margin +€35,542
up €35,542, from -€13,913 to €21,629
- Depreciation -€4,840
down €4,840 (-46.6%), from €10,396 to €5,556
- Other operating charges +€4,018
up €4,018 (+449%), from €894 to €4,912
- Financial charges -€246
down €246 (-20.5%), from €1,203 to €956
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 | €19,107 | €24,626 | +€5,519 | +28.9% |
| Fixed assets | 21/28 | €15,115 | €11,405 | -€3,711 | -24.5% |
| Tangible fixed assets | 22/27 | €12,595 | €11,405 | -€1,191 | -9.5% |
| Furniture and vehicles | 24 | €12,595 | €10,212 | -€2,383 | -18.9% |
| Other tangible fixed assets | 26 | - | €1,193 | +€1,193 | |
| Financial fixed assets | 28 | €2,520 | - | -€2,520 | |
| Current assets | 29/58 | €3,992 | €13,221 | +€9,230 | +231% |
| Amounts receivable within one year | 40/41 | €3,972 | €2,728 | -€1,244 | -31.3% |
| Trade receivables | 40 | €3,972 | €2,694 | -€1,278 | -32.2% |
| Other amounts receivable | 41 | - | €34 | +€34 | |
| Cash at bank and in hand | 54/58 | €20 | €9,671 | +€9,651 | +48,113% |
| Deferred charges and accrued income | 490/1 | - | €822 | +€822 | |
| Total equity and liabilities | 10/49 | €19,107 | €24,626 | +€5,519 | +28.9% |
| Equity | 10/15 | -€20,764 | -€10,762 | +€10,002 | +48.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,964 | -€16,962 | +€10,002 | +37.1% |
| Amounts payable | 17/49 | €39,871 | €35,388 | -€4,483 | -11.2% |
| Amounts payable within one year | 42/48 | €39,289 | €34,734 | -€4,555 | -11.6% |
| Trade debts | 44 | €2,268 | €1,159 | -€1,110 | -48.9% |
| Suppliers | 440/4 | €2,268 | €1,159 | -€1,110 | -48.9% |
| Advances received on contracts in progress | 46 | €175 | - | -€175 | |
| Taxes, remuneration and social security | 45 | €1,838 | €2,148 | +€310 | +16.9% |
| Taxes | 450/3 | €1,838 | €2,148 | +€310 | +16.9% |
| Other amounts payable | 47/48 | €35,008 | €31,427 | -€3,580 | -10.2% |
| Accrued charges and deferred income | 492/3 | €582 | €654 | +€72 | +12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,396 | €5,556 | -€4,840 | -46.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €160 | +€160 | |
| Other operating charges | 640/8 | €894 | €4,912 | +€4,018 | +449% |
| Gross operating margin | 9900 | -€13,913 | €21,629 | +€35,542 | |
| Operating profit (loss) | 9901 | -€25,203 | €11,001 | +€36,204 | |
| Financial income | 75/76B | €25 | €136 | +€112 | +448% |
| Recurring financial income | 75 | €25 | €136 | +€112 | +448% |
| Financial charges | 65/66B | €1,203 | €956 | -€246 | -20.5% |
| Recurring financial charges | 65 | €1,203 | €956 | -€246 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | -€26,381 | €10,181 | +€36,562 | |
| Income taxes | 67/77 | €196 | €179 | -€17 | -8.7% |
| Profit (loss) for the period | 9904 | -€26,577 | €10,002 | +€36,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,577 | €10,002 | +€36,579 |
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 25 October 2026 via checked.be.