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Esrem: 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.

What changed

Esrem

BE 0442.969.504
fiscal year 2022 against 2024not consecutivefiled annual accounts (NBB)
Net result for the year
€19,004
2022 · €12,585+€6,419
Equity
€399,570
2022 · €361,093+€38,477
Cash
€49,223
2022 · €11,400+€37,823
Balance sheet total
€399,570
2022 · €361,693+€37,877

Largest movements

2022 to 2024
Assets
  • Cash +€37,823

    up €37,823 (+331.8%), from €11,400 to €49,223

Equity and liabilities
  • Profit (loss) carried forward +€38,477

    up €38,477 (+10.7%), from €361,093 to €399,570

Income statement
  • Other operating charges -€3,120

    down €3,120 (-86.2%), from €3,619 to €499

  • Gross operating margin -€904

    down €904 (-4.4%), from €20,465 to €19,561

From the 2022 result to the 2024 result

effect on the 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.

Result 2022 €12,585
Gross operating margin -€904
Other operating charges +€3,120
Other operating items +€4,213
Financial income +€2
Financial charges -€13
Result 2024 €19,004

Cash bridge derived

cash 2022 to 2024

A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.

Every line side by side 27 lines
Line Code 2022 2024 Change %
Total assets 20/58 €361,693 €399,570 +€37,877 +10.5%
Fixed assets 21/28 €250,000 €250,000 = 0.0%
Tangible fixed assets 22/27 €250,000 €250,000 = 0.0%
Land and buildings 22 €210,000 €210,000 = 0.0%
Other tangible fixed assets 26 €40,000 €40,000 = 0.0%
Current assets 29/58 €111,693 €149,570 +€37,877 +33.9%
Amounts receivable within one year 40/41 €3,829 €3,883 +€54 +1.4%
Other amounts receivable 41 €3,829 €3,883 +€54 +1.4%
Current investments 50/53 €67,464 €67,464 -€0 0.0%
Cash at bank and in hand 54/58 €11,400 €49,223 +€37,823 +331.8%
Deferred charges and accrued income 490/1 €29,000 €29,000 = 0.0%
Total equity and liabilities 10/49 €361,693 €399,570 +€37,877 +10.5%
Equity 10/15 €361,093 €399,570 +€38,477 +10.7%
Profit (loss) carried forward 14 €361,093 €399,570 +€38,477 +10.7%
Amounts payable 17/49 €600 - -€600
Accrued charges and deferred income 492/3 €600 - -€600
Other operating charges 640/8 €3,619 €499 -€3,120 -86.2%
Non-recurring operating charges 66A €4,213 - -€4,213
Gross operating margin 9900 €20,465 €19,561 -€904 -4.4%
Operating profit (loss) 9901 €12,633 €19,062 +€6,429 +50.9%
Financial income 75/76B - €2 +€2
Recurring financial income 75 - €2 +€2
Financial charges 65/66B €47 €60 +€13 +26.8%
Recurring financial charges 65 €47 €60 +€13 +26.8%
Profit (loss) for the period before taxes 9903 €12,585 €19,004 +€6,419 +51.0%
Profit (loss) for the period 9904 €12,585 €19,004 +€6,419 +51.0%
Profit (loss) for the period to be appropriated 9905 €12,585 €19,004 +€6,419 +51.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.