ESSAFIO CORP: 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.
ESSAFIO CORP
Largest movements
- Cash -€8,525
down €8,525 (-5.6%), from €152,125 to €143,600
mainly Contributions, distributions and other (-€185,000) and Receivables within one year (-€2,812)
- Receivables within one year +€2,812
up €2,812 (+23.2%), from €12,131 to €14,943
of which Other amounts receivable: +€2,358
- Reserves -€121,151
down €121,151 (-97.4%), from €124,380 to €3,229
- Other debts +€106,250
new in 2025: €106,250
- Tax, wage and social debts +€8,658
up €8,658 (+21.7%), from €39,853 to €48,511
- Gross operating margin -€9,470
down €9,470 (-10.2%), from €92,965 to €83,495
- Taxes +€2,651
up €2,651 (+18.9%), from €14,015 to €16,666
- Other operating charges -€2,339
down €2,339 (-76.7%), from €3,048 to €709
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 | €165,909 | €160,875 | -€5,035 | -3.0% |
| Fixed assets | 21/28 | €916 | €569 | -€346 | -37.8% |
| Tangible fixed assets | 22/27 | €916 | €569 | -€346 | -37.8% |
| Furniture and vehicles | 24 | €916 | €569 | -€346 | -37.8% |
| Current assets | 29/58 | €164,994 | €160,305 | -€4,689 | -2.8% |
| Amounts receivable within one year | 40/41 | €12,131 | €14,943 | +€2,812 | +23.2% |
| Trade receivables | 40 | €11,707 | €12,161 | +€454 | +3.9% |
| Other amounts receivable | 41 | €425 | €2,782 | +€2,358 | +555% |
| Cash at bank and in hand | 54/58 | €152,125 | €143,600 | -€8,525 | -5.6% |
| Deferred charges and accrued income | 490/1 | €738 | €1,763 | +€1,025 | +139% |
| Total equity and liabilities | 10/49 | €165,909 | €160,875 | -€5,035 | -3.0% |
| Equity | 10/15 | €125,380 | €4,229 | -€121,151 | -96.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €124,380 | €3,229 | -€121,151 | -97.4% |
| Distributable reserves | 133 | €124,380 | €3,229 | -€121,151 | -97.4% |
| Amounts payable | 17/49 | €40,529 | €156,646 | +€116,116 | +287% |
| Amounts payable within one year | 42/48 | €40,529 | €156,646 | +€116,116 | +287% |
| Trade debts | 44 | €676 | €1,885 | +€1,209 | +179% |
| Suppliers | 440/4 | €676 | €1,885 | +€1,209 | +179% |
| Taxes, remuneration and social security | 45 | €39,853 | €48,511 | +€8,658 | +21.7% |
| Taxes | 450/3 | €39,853 | €48,511 | +€8,658 | +21.7% |
| Other amounts payable | 47/48 | - | €106,250 | +€106,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €346 | +€223 | +182% |
| Other operating charges | 640/8 | €3,048 | €709 | -€2,339 | -76.7% |
| Gross operating margin | 9900 | €92,965 | €83,495 | -€9,470 | -10.2% |
| Operating profit (loss) | 9901 | €89,795 | €82,440 | -€7,354 | -8.2% |
| Financial income | 75/76B | - | €24 | +€24 | |
| Recurring financial income | 75 | - | €24 | +€24 | |
| Financial charges | 65/66B | €2,259 | €1,949 | -€310 | -13.7% |
| Recurring financial charges | 65 | €2,259 | €1,949 | -€310 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €87,535 | €80,515 | -€7,021 | -8.0% |
| Income taxes | 67/77 | €14,015 | €16,666 | +€2,651 | +18.9% |
| Profit (loss) for the period | 9904 | €73,521 | €63,849 | -€9,672 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,521 | €63,849 | -€9,672 | -13.2% |
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 14 October 2026 via checked.be.