ESR CONSULTANCY: 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.
ESR CONSULTANCY
Largest movements
- Cash +€107,961
up €107,961 (+619,400%), from €17 to €107,979
mainly Net result for the year (+€131,223) and Trade debts (+€11,996)
- Tangible fixed assets +€17,827
up €17,827 (+2,136%), from €834 to €18,661
- Receivables within one year +€15,030
up €15,030 (+336%), from €4,471 to €19,501
of which Other amounts receivable: +€10,363
- Financial fixed assets +€2,400
new in 2025: €2,400
- Profit (loss) carried forward +€131,223
up €131,223 (+15,052%), from €872 to €132,094
- Trade debts +€11,996
up €11,996 (+489%), from €2,451 to €14,446
- Gross operating margin +€133,722
up €133,722 (+5,099%), from €2,623 to €136,345
- Taxes +€2,069
new in 2025: €2,069
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 | €5,322 | €148,541 | +€143,218 | +2,691% |
| Fixed assets | 21/28 | €834 | €21,061 | +€20,227 | +2,424% |
| Tangible fixed assets | 22/27 | €834 | €18,661 | +€17,827 | +2,136% |
| Furniture and vehicles | 24 | €834 | €18,661 | +€17,827 | +2,136% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €4,488 | €127,480 | +€122,992 | +2,740% |
| Amounts receivable within one year | 40/41 | €4,471 | €19,501 | +€15,030 | +336% |
| Trade receivables | 40 | €379 | €5,046 | +€4,667 | +1,231% |
| Other amounts receivable | 41 | €4,091 | €14,455 | +€10,363 | +253% |
| Cash at bank and in hand | 54/58 | €17 | €107,979 | +€107,961 | +619,400% |
| Total equity and liabilities | 10/49 | €5,322 | €148,541 | +€143,218 | +2,691% |
| Equity | 10/15 | €2,872 | €134,094 | +€131,223 | +4,569% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €872 | €132,094 | +€131,223 | +15,052% |
| Amounts payable | 17/49 | €2,451 | €14,446 | +€11,996 | +489% |
| Amounts payable within one year | 42/48 | €2,451 | €14,446 | +€11,996 | +489% |
| Trade debts | 44 | €2,451 | €14,446 | +€11,996 | +489% |
| Suppliers | 440/4 | €2,451 | €14,446 | +€11,996 | +489% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €417 | €941 | +€524 | +126% |
| Other operating charges | 640/8 | €1,332 | €1,952 | +€620 | +46.6% |
| Gross operating margin | 9900 | €2,623 | €136,345 | +€133,722 | +5,099% |
| Operating profit (loss) | 9901 | €874 | €133,451 | +€132,578 | +15,176% |
| Financial charges | 65/66B | €2 | €160 | +€158 | +8,674% |
| Recurring financial charges | 65 | €2 | €160 | +€158 | +8,674% |
| Profit (loss) for the period before taxes | 9903 | €872 | €133,291 | +€132,420 | +15,190% |
| Income taxes | 67/77 | - | €2,069 | +€2,069 | |
| Profit (loss) for the period | 9904 | €872 | €131,223 | +€130,351 | +14,952% |
| Profit (loss) for the period to be appropriated | 9905 | €872 | €131,223 | +€130,351 | +14,952% |
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.