ESQUI: 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.
ESQUI
Largest movements
- Tangible fixed assets +€229,452
up €229,452 (+1562.1%), from €14,689 to €244,141
- Cash -€33,288
down €33,288 (-73.6%), from €45,218 to €11,930
mainly Investment in fixed assets (net) (-€237,931) and Net result for the year (-€2,435)
- Debts after one year +€188,336
new in 2025: €188,336
- Current portion of long-term debt +€10,638
new in 2025: €10,638
- Gross operating margin +€11,649
new in 2025: €11,649
- Depreciation +€8,386
up €8,386 (+8972.5%), from €93 to €8,479
- Financial charges +€5,194
new in 2025: €5,194
- Other operating charges +€412
new in 2025: €412
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.
Cash bridge derived
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 | €59,907 | €256,445 | +€196,539 | +328.1% |
| Fixed assets | 21/28 | €14,689 | €244,141 | +€229,452 | +1562.1% |
| Tangible fixed assets | 22/27 | €14,689 | €244,141 | +€229,452 | +1562.1% |
| Land and buildings | 22 | €14,689 | €244,141 | +€229,452 | +1562.1% |
| Current assets | 29/58 | €45,218 | €12,305 | -€32,913 | -72.8% |
| Cash at bank and in hand | 54/58 | €45,218 | €11,930 | -€33,288 | -73.6% |
| Deferred charges and accrued income | 490/1 | - | €375 | +€375 | |
| Total equity and liabilities | 10/49 | €59,907 | €256,445 | +€196,539 | +328.1% |
| Equity | 10/15 | €59,907 | €57,471 | -€2,435 | -4.1% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93 | -€2,529 | -€2,435 | -2605.7% |
| Amounts payable | 17/49 | - | €198,974 | +€198,974 | |
| Amounts payable after more than one year | 17 | - | €188,336 | +€188,336 | |
| Financial debts | 170/4 | - | €188,336 | +€188,336 | |
| Amounts payable within one year | 42/48 | - | €10,638 | +€10,638 | |
| Current portion of amounts payable after more than one year | 42 | - | €10,638 | +€10,638 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93 | €8,479 | +€8,386 | +8972.5% |
| Other operating charges | 640/8 | - | €412 | +€412 | |
| Gross operating margin | 9900 | - | €11,649 | +€11,649 | |
| Operating profit (loss) | 9901 | -€93 | €2,758 | +€2,852 | |
| Financial charges | 65/66B | - | €5,194 | +€5,194 | |
| Recurring financial charges | 65 | - | €5,194 | +€5,194 | |
| Profit (loss) for the period before taxes | 9903 | -€93 | -€2,435 | -€2,342 | -2505.7% |
| Profit (loss) for the period | 9904 | -€93 | -€2,435 | -€2,342 | -2505.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€93 | -€2,435 | -€2,342 | -2505.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.