ESQUINA: 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.
ESQUINA
Largest movements
- Current investments +€29,130
up €29,130 (+865%), from €3,368 to €32,498
- Receivables within one year -€13,065
down €13,065 (-42.5%), from €30,744 to €17,679
of which Trade receivables: -€12,669
- Cash -€6,286
down €6,286 (-80.3%), from €7,832 to €1,546
mainly Current investments (-€29,130)
- Tangible fixed assets -€4,097
down €4,097 (-36.6%), from €11,204 to €7,107
of which Furniture and vehicles: -€3,523
- Deferred charges and accrued income -€710
down €710 (-47.5%), from €1,496 to €786
- Tax, wage and social debts +€2,648
new in 2025: €2,648
- Trade debts +€1,747
up €1,747 (+45.0%), from €3,886 to €5,633
of which Suppliers: +€3,080
- Gross operating margin -€16,317
down €16,317 (-70.4%), from €23,163 to €6,847
- Other operating charges -€6,835
down €6,835 (-88.7%), from €7,703 to €869
- Depreciation +€2,862
up €2,862 (+232%), from €1,236 to €4,097
- Taxes +€594
up €594 (+56.7%), from €1,048 to €1,642
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 | €54,645 | €59,616 | +€4,971 | +9.1% |
| Fixed assets | 21/28 | €11,204 | €7,107 | -€4,097 | -36.6% |
| Tangible fixed assets | 22/27 | €11,204 | €7,107 | -€4,097 | -36.6% |
| Plant, machinery and equipment | 23 | €1,110 | €535 | -€574 | -51.8% |
| Furniture and vehicles | 24 | €10,094 | €6,571 | -€3,523 | -34.9% |
| Current assets | 29/58 | €43,441 | €52,509 | +€9,068 | +20.9% |
| Amounts receivable within one year | 40/41 | €30,744 | €17,679 | -€13,065 | -42.5% |
| Trade receivables | 40 | €23,832 | €11,163 | -€12,669 | -53.2% |
| Other amounts receivable | 41 | €6,912 | €6,515 | -€397 | -5.7% |
| Current investments | 50/53 | €3,368 | €32,498 | +€29,130 | +865% |
| Cash at bank and in hand | 54/58 | €7,832 | €1,546 | -€6,286 | -80.3% |
| Deferred charges and accrued income | 490/1 | €1,496 | €786 | -€710 | -47.5% |
| Total equity and liabilities | 10/49 | €54,645 | €59,616 | +€4,971 | +9.1% |
| Equity | 10/15 | €50,759 | €51,335 | +€576 | +1.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €70,554 | €70,554 | = | 0.0% |
| Distributable reserves | 133 | €70,554 | €70,554 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,584 | -€44,008 | +€576 | +1.3% |
| Amounts payable | 17/49 | €3,886 | €8,280 | +€4,395 | +113% |
| Amounts payable within one year | 42/48 | €3,886 | €8,280 | +€4,395 | +113% |
| Trade debts | 44 | €3,886 | €5,633 | +€1,747 | +45.0% |
| Suppliers | 440/4 | €2,553 | €5,633 | +€3,080 | +121% |
| Bills of exchange payable | 441 | €1,332 | - | -€1,332 | |
| Taxes, remuneration and social security | 45 | - | €2,648 | +€2,648 | |
| Taxes | 450/3 | - | €2,648 | +€2,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,236 | €4,097 | +€2,862 | +232% |
| Other operating charges | 640/8 | €7,703 | €869 | -€6,835 | -88.7% |
| Gross operating margin | 9900 | €23,163 | €6,847 | -€16,317 | -70.4% |
| Operating profit (loss) | 9901 | €14,224 | €1,881 | -€12,344 | -86.8% |
| Financial income | 75/76B | €485 | €403 | -€82 | -16.9% |
| Recurring financial income | 75 | €485 | €403 | -€82 | -16.9% |
| Financial charges | 65/66B | €275 | €66 | -€208 | -75.9% |
| Recurring financial charges | 65 | €275 | €66 | -€208 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €14,435 | €2,218 | -€12,217 | -84.6% |
| Income taxes | 67/77 | €1,048 | €1,642 | +€594 | +56.7% |
| Profit (loss) for the period | 9904 | €13,387 | €576 | -€12,811 | -95.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,387 | €576 | -€12,811 | -95.7% |
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.