ESRA: 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.
ESRA
Largest movements
- Cash +€13,096
up €13,096 (+286%), from €4,578 to €17,674
mainly Tax, wage and social debts (+€10,240) and Trade debts (+€8,769)
- Receivables within one year +€7,516
up €7,516 (+48.4%), from €15,518 to €23,034
of which Trade receivables: +€7,018
- Financial fixed assets +€3,600
up €3,600 (+99.2%), from €3,630 to €7,230
- Stocks and contracts +€3,201
up €3,201 (+85.9%), from €3,725 to €6,926
- Tangible fixed assets -€1,415
down €1,415 (-5.2%), from €26,980 to €25,565
of which Plant, machinery and equipment: -€2,914
- Tax, wage and social debts +€10,240
up €10,240 (+633%), from €1,619 to €11,858
of which Remuneration and social security: +€10,240
- Trade debts +€8,769
up €8,769 (+455%), from €1,929 to €10,698
- Profit (loss) carried forward +€4,732
up €4,732 (+3,671%), from €129 to €4,861
- Other debts +€2,672
up €2,672 (+14.3%), from €18,669 to €21,341
- Gross operating margin +€25,622
up €25,622 (+242%), from €10,589 to €36,211
- Staff costs +€16,350
up €16,350 (+223%), from €7,331 to €23,682
- Other operating charges +€1,961
new in 2024: €1,961
- Financial charges +€1,706
up €1,706 (+177%), from €964 to €2,670
- Depreciation +€1,011
up €1,011 (+46.7%), from €2,165 to €3,176
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,845 | €81,258 | +€26,413 | +48.2% |
| Fixed assets | 21/28 | €30,610 | €32,795 | +€2,185 | +7.1% |
| Tangible fixed assets | 22/27 | €26,980 | €25,565 | -€1,415 | -5.2% |
| Plant, machinery and equipment | 23 | €26,980 | €24,065 | -€2,914 | -10.8% |
| Furniture and vehicles | 24 | - | €1,499 | +€1,499 | |
| Financial fixed assets | 28 | €3,630 | €7,230 | +€3,600 | +99.2% |
| Current assets | 29/58 | €24,235 | €48,464 | +€24,228 | +100.0% |
| Stocks and contracts in progress | 3 | €3,725 | €6,926 | +€3,201 | +85.9% |
| Stocks | 30/36 | €3,725 | €6,926 | +€3,201 | +85.9% |
| Amounts receivable within one year | 40/41 | €15,518 | €23,034 | +€7,516 | +48.4% |
| Trade receivables | 40 | €9,804 | €16,822 | +€7,018 | +71.6% |
| Other amounts receivable | 41 | €5,714 | €6,212 | +€498 | +8.7% |
| Cash at bank and in hand | 54/58 | €4,578 | €17,674 | +€13,096 | +286% |
| Deferred charges and accrued income | 490/1 | €414 | €829 | +€415 | +100% |
| Total equity and liabilities | 10/49 | €54,845 | €81,258 | +€26,413 | +48.2% |
| Equity | 10/15 | €18,729 | €23,461 | +€4,732 | +25.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €129 | €4,861 | +€4,732 | +3,671% |
| Amounts payable | 17/49 | €36,116 | €57,797 | +€21,681 | +60.0% |
| Amounts payable after more than one year | 17 | €13,900 | €13,900 | = | 0.0% |
| Other amounts payable | 178/9 | €13,900 | €13,900 | = | 0.0% |
| Amounts payable within one year | 42/48 | €22,216 | €43,897 | +€21,681 | +97.6% |
| Trade debts | 44 | €1,929 | €10,698 | +€8,769 | +455% |
| Suppliers | 440/4 | €1,929 | €10,698 | +€8,769 | +455% |
| Taxes, remuneration and social security | 45 | €1,619 | €11,858 | +€10,240 | +633% |
| Taxes | 450/3 | €750 | €750 | = | 0.0% |
| Remuneration and social security | 454/9 | €869 | €11,108 | +€10,240 | +1,179% |
| Other amounts payable | 47/48 | €18,669 | €21,341 | +€2,672 | +14.3% |
| Remuneration, social security and pensions | 62 | €7,331 | €23,682 | +€16,350 | +223% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,165 | €3,176 | +€1,011 | +46.7% |
| Other operating charges | 640/8 | - | €1,961 | +€1,961 | |
| Gross operating margin | 9900 | €10,589 | €36,211 | +€25,622 | +242% |
| Operating profit (loss) | 9901 | €1,093 | €7,393 | +€6,300 | +576% |
| Financial income | 75/76B | - | €9 | +€9 | |
| Recurring financial income | 75 | - | €9 | +€9 | |
| Financial charges | 65/66B | €964 | €2,670 | +€1,706 | +177% |
| Recurring financial charges | 65 | €964 | €2,670 | +€1,706 | +177% |
| Profit (loss) for the period before taxes | 9903 | €129 | €4,732 | +€4,603 | +3,571% |
| Profit (loss) for the period | 9904 | €129 | €4,732 | +€4,603 | +3,571% |
| Profit (loss) for the period to be appropriated | 9905 | €129 | €4,732 | +€4,603 | +3,571% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.