ESSAF: 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.
ESSAF
Largest movements
- Receivables within one year +€9,597
up €9,597 (+355%), from €2,702 to €12,299
of which Other amounts receivable: +€10,454
- Stocks and contracts +€8,200
new in 2025: €8,200
- Cash +€2,596
up €2,596 (+5.6%), from €46,431 to €49,027
mainly Trade debts (+€12,514) and Net result for the year (+€10,224)
- Intangible fixed assets -€1,000
down €1,000 (-14.5%), from €6,890 to €5,890
- Trade debts +€12,514
up €12,514 (+72.2%), from €17,339 to €29,853
- Profit (loss) carried forward +€10,224
up €10,224 (+79.3%), from €12,885 to €23,109
- Tax, wage and social debts -€2,055
down €2,055 (-36.2%), from €5,669 to €3,614
- Accrued charges and deferred income -€1,250
no longer reported in 2025 (was €1,250)
- Purchases and services +€334,515
new in 2025: €334,515
- Gross operating margin -€19,831
down €19,831 (-57.0%), from €34,798 to €14,967
- Turnover -€6,167
down €6,167 (-1.7%), from €355,649 to €349,482
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 | €56,023 | €75,514 | +€19,491 | +34.8% |
| Fixed assets | 21/28 | €6,890 | €5,890 | -€1,000 | -14.5% |
| Intangible fixed assets | 21 | €6,890 | €5,890 | -€1,000 | -14.5% |
| Current assets | 29/58 | €49,133 | €69,624 | +€20,491 | +41.7% |
| Stocks and contracts in progress | 3 | - | €8,200 | +€8,200 | |
| Stocks | 30/36 | - | €8,200 | +€8,200 | |
| Amounts receivable within one year | 40/41 | €2,702 | €12,299 | +€9,597 | +355% |
| Trade receivables | 40 | €1,307 | €450 | -€857 | -65.6% |
| Other amounts receivable | 41 | €1,395 | €11,849 | +€10,454 | +749% |
| Cash at bank and in hand | 54/58 | €46,431 | €49,027 | +€2,596 | +5.6% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €56,023 | €75,514 | +€19,491 | +34.8% |
| Equity | 10/15 | €31,765 | €41,989 | +€10,224 | +32.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €288 | €288 | = | 0.0% |
| Non-distributable reserves | 130/1 | €288 | €288 | = | 0.0% |
| Reserves not available under the articles | 1311 | €288 | €288 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,885 | €23,109 | +€10,224 | +79.3% |
| Amounts payable | 17/49 | €24,258 | €33,525 | +€9,267 | +38.2% |
| Amounts payable within one year | 42/48 | €23,008 | €33,525 | +€10,517 | +45.7% |
| Trade debts | 44 | €17,339 | €29,853 | +€12,514 | +72.2% |
| Suppliers | 440/4 | €17,339 | €29,853 | +€12,514 | +72.2% |
| Taxes, remuneration and social security | 45 | €5,669 | €3,614 | -€2,055 | -36.2% |
| Taxes | 450/3 | €5,669 | €3,614 | -€2,055 | -36.2% |
| Other amounts payable | 47/48 | - | €58 | +€58 | |
| Accrued charges and deferred income | 492/3 | €1,250 | - | -€1,250 | |
| Turnover | 70 | €355,649 | €349,482 | -€6,167 | -1.7% |
| Non-recurring operating income | 76A | €2,503 | - | -€2,503 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €334,515 | +€334,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,000 | €1,000 | = | 0.0% |
| Other operating charges | 640/8 | €1,250 | €233 | -€1,017 | -81.4% |
| Gross operating margin | 9900 | €34,798 | €14,967 | -€19,831 | -57.0% |
| Operating profit (loss) | 9901 | €32,548 | €13,734 | -€18,814 | -57.8% |
| Financial charges | 65/66B | €135 | €1,753 | +€1,618 | +1,199% |
| Recurring financial charges | 65 | €135 | €1,753 | +€1,618 | +1,199% |
| Profit (loss) for the period before taxes | 9903 | €32,413 | €11,981 | -€20,432 | -63.0% |
| Income taxes | 67/77 | €4,894 | €1,757 | -€3,137 | -64.1% |
| Profit (loss) for the period | 9904 | €27,519 | €10,224 | -€17,295 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,519 | €10,224 | -€17,295 | -62.8% |
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 24 October 2026 via checked.be.