ESQUIROU APPLICATIONS: 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.
ESQUIROU APPLICATIONS
Largest movements
- Cash -€5,945
down €5,945 (-4.8%), from €124,485 to €118,539
mainly Tax, wage and social debts (-€10,102) and Contributions, distributions and other (-€8,000)
- Receivables within one year +€3,180
up €3,180 (+18.4%), from €17,303 to €20,483
of which Other amounts receivable: +€5,539
- Tangible fixed assets -€1,738
down €1,738 (-31.6%), from €5,501 to €3,764
- Tax, wage and social debts -€10,102
down €10,102 (-71.8%), from €14,069 to €3,967
- Other debts +€8,070
new in 2025: €8,070
- Trade debts -€5,175
down €5,175 (-92.7%), from €5,580 to €405
- Reserves +€3,676
up €3,676 (+2.9%), from €125,692 to €129,368
- Gross operating margin -€32,208
down €32,208 (-62.0%), from €51,927 to €19,720
- Taxes -€5,506
down €5,506 (-55.2%), from €9,966 to €4,461
- Financial charges +€973
up €973 (+379%), from €257 to €1,229
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 | €147,340 | €143,810 | -€3,530 | -2.4% |
| Fixed assets | 21/28 | €5,501 | €3,764 | -€1,738 | -31.6% |
| Tangible fixed assets | 22/27 | €5,501 | €3,764 | -€1,738 | -31.6% |
| Furniture and vehicles | 24 | €5,501 | €3,764 | -€1,738 | -31.6% |
| Current assets | 29/58 | €141,839 | €140,046 | -€1,793 | -1.3% |
| Amounts receivable within one year | 40/41 | €17,303 | €20,483 | +€3,180 | +18.4% |
| Trade receivables | 40 | €17,303 | €14,944 | -€2,360 | -13.6% |
| Other amounts receivable | 41 | - | €5,539 | +€5,539 | |
| Cash at bank and in hand | 54/58 | €124,485 | €118,539 | -€5,945 | -4.8% |
| Deferred charges and accrued income | 490/1 | €52 | €1,024 | +€972 | +1,882% |
| Total equity and liabilities | 10/49 | €147,340 | €143,810 | -€3,530 | -2.4% |
| Equity | 10/15 | €127,692 | €131,368 | +€3,676 | +2.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €125,692 | €129,368 | +€3,676 | +2.9% |
| Distributable reserves | 133 | €125,692 | €129,368 | +€3,676 | +2.9% |
| Amounts payable | 17/49 | €19,649 | €12,442 | -€7,206 | -36.7% |
| Amounts payable within one year | 42/48 | €19,649 | €12,442 | -€7,206 | -36.7% |
| Trade debts | 44 | €5,580 | €405 | -€5,175 | -92.7% |
| Suppliers | 440/4 | €5,580 | €405 | -€5,175 | -92.7% |
| Taxes, remuneration and social security | 45 | €14,069 | €3,967 | -€10,102 | -71.8% |
| Taxes | 450/3 | €14,069 | €3,967 | -€10,102 | -71.8% |
| Other amounts payable | 47/48 | - | €8,070 | +€8,070 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €1,738 | +€65 | +3.9% |
| Other operating charges | 640/8 | €387 | €616 | +€229 | +59.1% |
| Gross operating margin | 9900 | €51,927 | €19,720 | -€32,208 | -62.0% |
| Operating profit (loss) | 9901 | €49,868 | €17,366 | -€32,502 | -65.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €257 | €1,229 | +€973 | +379% |
| Recurring financial charges | 65 | €257 | €1,229 | +€973 | +379% |
| Profit (loss) for the period before taxes | 9903 | €49,611 | €16,137 | -€33,474 | -67.5% |
| Income taxes | 67/77 | €9,966 | €4,461 | -€5,506 | -55.2% |
| Profit (loss) for the period | 9904 | €39,645 | €11,676 | -€27,969 | -70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €39,645 | €11,676 | -€27,969 | -70.5% |
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 20 October 2026 via checked.be.