ESOMUS: 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.
ESOMUS
Largest movements
- Receivables within one year +€119,568
up €119,568 (+81.2%), from €147,257 to €266,826
of which Other amounts receivable: +€189,601
- Cash -€85,627
down €85,627 (-40.2%), from €213,199 to €127,571
mainly Investment in fixed assets (net) (-€237,478) and Debts after one year (-€146,041)
- Intangible fixed assets +€82,380
up €82,380 (+35.1%), from €234,928 to €317,308
- Other debts +€164,424
up €164,424, from €0 to €164,424
- Debts after one year -€146,041
down €146,041 (-72.6%), from €201,112 to €55,071
- Profit (loss) carried forward +€78,319
up €78,319 (+36.2%), from €216,235 to €294,554
- Tax, wage and social debts -€49,975
down €49,975 (-48.5%), from €103,075 to €53,100
of which Taxes: -€57,929
- Trade debts +€34,094
up €34,094 (+93.8%), from €36,366 to €70,460
- Gross operating margin -€159,480
down €159,480 (-40.5%), from €393,498 to €234,018
- Write-downs -€76,954
down €76,954, from €38,477 to -€38,477
- Financial income +€52,958
up €52,958 (+198.7%), from €26,656 to €79,615
- Staff costs +€20,758
up €20,758 (+18.2%), from €114,198 to €134,956
- Depreciation -€16,066
down €16,066 (-9.0%), from €177,684 to €161,618
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 | €633,435 | €744,352 | +€110,918 | +17.5% |
| Fixed assets | 21/28 | €262,896 | €338,756 | +€75,861 | +28.9% |
| Intangible fixed assets | 21 | €234,928 | €317,308 | +€82,380 | +35.1% |
| Tangible fixed assets | 22/27 | €27,793 | €21,273 | -€6,520 | -23.5% |
| Furniture and vehicles | 24 | €27,793 | €21,273 | -€6,520 | -23.5% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €370,539 | €405,596 | +€35,057 | +9.5% |
| Amounts receivable within one year | 40/41 | €147,257 | €266,826 | +€119,568 | +81.2% |
| Trade receivables | 40 | €134,533 | €64,501 | -€70,032 | -52.1% |
| Other amounts receivable | 41 | €12,724 | €202,325 | +€189,601 | +1490.1% |
| Cash at bank and in hand | 54/58 | €213,199 | €127,571 | -€85,627 | -40.2% |
| Deferred charges and accrued income | 490/1 | €10,083 | €11,199 | +€1,116 | +11.1% |
| Total equity and liabilities | 10/49 | €633,435 | €744,352 | +€110,918 | +17.5% |
| Equity | 10/15 | €277,696 | €385,774 | +€108,078 | +38.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €216,235 | €294,554 | +€78,319 | +36.2% |
| Investment grants | 15 | €1,461 | €31,220 | +€29,760 | +2037.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €355,739 | €358,578 | +€2,839 | +0.8% |
| Amounts payable after more than one year | 17 | €201,112 | €55,071 | -€146,041 | -72.6% |
| Financial debts | 170/4 | €201,112 | €55,071 | -€146,041 | -72.6% |
| Amounts payable within one year | 42/48 | €154,563 | €303,507 | +€148,944 | +96.4% |
| Current portion of amounts payable after more than one year | 42 | €15,121 | €15,522 | +€400 | +2.6% |
| Trade debts | 44 | €36,366 | €70,460 | +€34,094 | +93.8% |
| Suppliers | 440/4 | €36,366 | €70,460 | +€34,094 | +93.8% |
| Taxes, remuneration and social security | 45 | €103,075 | €53,100 | -€49,975 | -48.5% |
| Taxes | 450/3 | €80,802 | €22,873 | -€57,929 | -71.7% |
| Remuneration and social security | 454/9 | €22,274 | €30,228 | +€7,954 | +35.7% |
| Other amounts payable | 47/48 | €0 | €164,424 | +€164,424 | |
| Accrued charges and deferred income | 492/3 | €64 | €0 | -€64 | -100.0% |
| Remuneration, social security and pensions | 62 | €114,198 | €134,956 | +€20,758 | +18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,684 | €161,618 | -€16,066 | -9.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €38,477 | -€38,477 | -€76,954 | |
| Other operating charges | 640/8 | €0 | €32 | +€32 | |
| Gross operating margin | 9900 | €393,498 | €234,018 | -€159,480 | -40.5% |
| Operating profit (loss) | 9901 | €63,140 | -€24,111 | -€87,251 | |
| Financial income | 75/76B | €26,656 | €79,615 | +€52,958 | +198.7% |
| Recurring financial income | 75 | €26,656 | €79,615 | +€52,958 | +198.7% |
| Financial charges | 65/66B | €2,945 | €2,695 | -€251 | -8.5% |
| Recurring financial charges | 65 | €2,945 | €2,695 | -€251 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €86,851 | €52,809 | -€34,042 | -39.2% |
| Transfer from deferred taxes | 780 | €6,293 | €0 | -€6,293 | -100.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €17,014 | €6,556 | -€10,458 | -61.5% |
| Profit (loss) for the period | 9904 | €76,130 | €46,254 | -€29,877 | -39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €76,130 | €46,254 | -€29,877 | -39.2% |
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 2 October 2026 via checked.be.