ESQON: 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.
ESQON
Largest movements
- Financial fixed assets +€1.4m
new in 2025: €1.4m
- Receivables within one year +€396,484
up €396,484 (+145%), from €274,141 to €670,625
of which Other amounts receivable: +€657,419
- Cash +€57,234
up €57,234 (+632%), from €9,053 to €66,287
mainly Other debts (+€1.8m) and Net result for the year (+€231,815)
- Other debts +€1.8m
up €1.8m (+917%), from €199,236 to €2.0m
- Provisions +€185,094
up €185,094, from -€185,094 to €0
- Financial charges -€180,826
down €180,826 (-98.1%), from €184,348 to €3,522
- Taxes +€20,248
up €20,248 (+32.7%), from €61,971 to €82,219
- Gross operating margin -€9,044
down €9,044 (-2.7%), from €330,273 to €321,229
- Financial income -€8,980
down €8,980 (-96.3%), from €9,326 to €346
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 | €289,989 | €2,093,502 | +€1.8m | +622% |
| Fixed assets | 21/28 | €6,795 | €1,356,576 | +€1.3m | +19,864% |
| Tangible fixed assets | 22/27 | €6,795 | €6,008 | -€788 | -11.6% |
| Furniture and vehicles | 24 | €6,795 | €6,008 | -€788 | -11.6% |
| Financial fixed assets | 28 | - | €1,350,568 | +€1.4m | |
| Current assets | 29/58 | €283,194 | €736,926 | +€453,732 | +160% |
| Amounts receivable within one year | 40/41 | €274,141 | €670,625 | +€396,484 | +145% |
| Trade receivables | 40 | €260,936 | €0 | -€260,936 | -100% |
| Other amounts receivable | 41 | €13,206 | €670,625 | +€657,419 | +4,978% |
| Cash at bank and in hand | 54/58 | €9,053 | €66,287 | +€57,234 | +632% |
| Deferred charges and accrued income | 490/1 | - | €14 | +€14 | |
| Total equity and liabilities | 10/49 | €289,989 | €2,093,502 | +€1.8m | +622% |
| Equity | 10/15 | €24,042 | €5,857 | -€18,185 | -75.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €23,042 | €4,857 | -€18,185 | -78.9% |
| Distributable reserves | 133 | €23,042 | €4,857 | -€18,185 | -78.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €265,947 | €2,087,645 | +€1.8m | +685% |
| Amounts payable within one year | 42/48 | €265,947 | €2,087,645 | +€1.8m | +685% |
| Trade debts | 44 | €5,221 | €4,523 | -€699 | -13.4% |
| Suppliers | 440/4 | €5,221 | €4,523 | -€699 | -13.4% |
| Taxes, remuneration and social security | 45 | €61,490 | €57,556 | -€3,934 | -6.4% |
| Taxes | 450/3 | €61,490 | €57,556 | -€3,934 | -6.4% |
| Other amounts payable | 47/48 | €199,236 | €2,025,566 | +€1.8m | +917% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,165 | €2,083 | +€919 | +78.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€185,094 | €0 | +€185,094 | |
| Other operating charges | 640/8 | €644 | €1,935 | +€1,291 | +201% |
| Non-recurring operating charges | 66A | €707 | €0 | -€707 | -100% |
| Gross operating margin | 9900 | €330,273 | €321,229 | -€9,044 | -2.7% |
| Operating profit (loss) | 9901 | €512,852 | €317,210 | -€195,642 | -38.1% |
| Financial income | 75/76B | €9,326 | €346 | -€8,980 | -96.3% |
| Recurring financial income | 75 | €9,326 | €346 | -€8,980 | -96.3% |
| Financial charges | 65/66B | €184,348 | €3,522 | -€180,826 | -98.1% |
| Recurring financial charges | 65 | €184,348 | €3,522 | -€180,826 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €337,830 | €314,034 | -€23,796 | -7.0% |
| Income taxes | 67/77 | €61,971 | €82,219 | +€20,248 | +32.7% |
| Profit (loss) for the period | 9904 | €275,858 | €231,815 | -€44,043 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €275,858 | €231,815 | -€44,043 | -16.0% |
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 16 October 2026 via checked.be.