ESLEM: what changed
Two fiscal 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.
ESLEM
Largest movements
- Tangible fixed assets -€9,251
down €9,251 (-21.4%), from €43,172 to €33,921
- Receivables after one year -€7,200
down €7,200 (-17.0%), from €42,333 to €35,133
- Receivables within one year -€4,991
down €4,991 (-57.4%), from €8,693 to €3,702
of which Trade receivables: -€5,852
- Cash -€3,453
down €3,453 (-37.8%), from €9,139 to €5,685
mainly Net result for the year (-€12,760) and Tax, wage and social debts (-€9,397)
- Profit (loss) carried forward -€12,760
down €12,760 (-18.3%), from €69,906 to €57,146
- Tax, wage and social debts -€9,397
down €9,397 (-97.8%), from €9,607 to €210
- Trade debts -€2,746
down €2,746 (-34.5%), from €7,969 to €5,222
- Gross operating margin -€15,541
down €15,541, from €14,622 to -€919
- Taxes -€5,597
down €5,597 (-71.5%), from €7,829 to €2,232
- Other operating charges -€1,468
down €1,468 (-89.0%), from €1,650 to €182
- Depreciation +€529
up €529 (+6.1%), from €8,722 to €9,251
From the 2023 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,942 | €83,046 | -€24,896 | -23.1% |
| Fixed assets | 21/28 | €47,777 | €38,526 | -€9,251 | -19.4% |
| Tangible fixed assets | 22/27 | €43,172 | €33,921 | -€9,251 | -21.4% |
| Furniture and vehicles | 24 | €43,172 | €33,921 | -€9,251 | -21.4% |
| Financial fixed assets | 28 | €4,605 | €4,605 | = | 0.0% |
| Current assets | 29/58 | €60,165 | €44,520 | -€15,645 | -26.0% |
| Amounts receivable after more than one year | 29 | €42,333 | €35,133 | -€7,200 | -17.0% |
| Other amounts receivable | 291 | €42,333 | €35,133 | -€7,200 | -17.0% |
| Amounts receivable within one year | 40/41 | €8,693 | €3,702 | -€4,991 | -57.4% |
| Trade receivables | 40 | €8,264 | €2,412 | -€5,852 | -70.8% |
| Other amounts receivable | 41 | €430 | €1,290 | +€860 | +200.1% |
| Cash at bank and in hand | 54/58 | €9,139 | €5,685 | -€3,453 | -37.8% |
| Total equity and liabilities | 10/49 | €107,942 | €83,046 | -€24,896 | -23.1% |
| Equity | 10/15 | €90,366 | €77,606 | -€12,760 | -14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,906 | €57,146 | -€12,760 | -18.3% |
| Amounts payable | 17/49 | €17,576 | €5,440 | -€12,136 | -69.0% |
| Amounts payable within one year | 42/48 | €17,576 | €5,440 | -€12,136 | -69.0% |
| Trade debts | 44 | €7,969 | €5,222 | -€2,746 | -34.5% |
| Suppliers | 440/4 | €7,969 | €5,222 | -€2,746 | -34.5% |
| Taxes, remuneration and social security | 45 | €9,607 | €210 | -€9,397 | -97.8% |
| Taxes | 450/3 | €9,607 | €210 | -€9,397 | -97.8% |
| Other amounts payable | 47/48 | - | €7 | +€7 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,722 | €9,251 | +€529 | +6.1% |
| Other operating charges | 640/8 | €1,650 | €182 | -€1,468 | -89.0% |
| Gross operating margin | 9900 | €14,622 | -€919 | -€15,541 | |
| Operating profit (loss) | 9901 | €4,250 | -€10,352 | -€14,602 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.6% |
| Financial charges | 65/66B | €285 | €176 | -€109 | -38.3% |
| Recurring financial charges | 65 | €285 | €176 | -€109 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €3,965 | -€10,528 | -€14,493 | |
| Income taxes | 67/77 | €7,829 | €2,232 | -€5,597 | -71.5% |
| Profit (loss) for the period | 9904 | -€3,864 | -€12,760 | -€8,896 | -230.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,864 | -€12,760 | -€8,896 | -230.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.