ESSAIME: 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.
ESSAIME
Largest movements
- Cash -€1.2m
down €1.2m (-98.4%), from €1.2m to €19,165
mainly Investment in fixed assets (net) (-€1.1m) and Other debts (-€55,049)
- Financial fixed assets +€1.1m
up €1.1m (+11360.5%), from €10,000 to €1.1m
- Tangible fixed assets -€22,828
no longer reported in 2026 (was €22,828)
- Receivables within one year +€16,435
up €16,435 (+628.0%), from €2,617 to €19,052
of which Other amounts receivable: +€19,052
- Other debts -€55,049
no longer reported in 2026 (was €55,049)
- Tax, wage and social debts -€31,694
no longer reported in 2026 (was €31,694)
- Reserves +€20,977
up €20,977 (+1.8%), from €1.1m to €1.2m
of which Distributable reserves: +€20,977
- Financial income -€698,005
down €698,005 (-92.7%), from €752,871 to €54,866
of which Financial income: -€666,551
- Financial charges -€384,253
down €384,253 (-94.1%), from €408,276 to €24,023
of which Non-recurring financial charges: -€378,744
- Taxes -€30,452
down €30,452 (-96.2%), from €31,666 to €1,214
- Gross operating margin -€3,210
down €3,210 (-83.0%), from -€3,868 to -€7,078
- Depreciation -€2,648
no longer reported in 2026 (was €2,648)
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,253,087 | €1,190,085 | -€63,002 | -5.0% |
| Fixed assets | 21/28 | €32,828 | €1,146,045 | +€1.1m | +3391.1% |
| Tangible fixed assets | 22/27 | €22,828 | - | -€22,828 | |
| Furniture and vehicles | 24 | €22,828 | - | -€22,828 | |
| Financial fixed assets | 28 | €10,000 | €1,146,045 | +€1.1m | +11360.5% |
| Current assets | 29/58 | €1,220,259 | €44,040 | -€1.2m | -96.4% |
| Amounts receivable within one year | 40/41 | €2,617 | €19,052 | +€16,435 | +628.0% |
| Trade receivables | 40 | €2,617 | - | -€2,617 | |
| Other amounts receivable | 41 | - | €19,052 | +€19,052 | |
| Current investments | 50/53 | €12,143 | €5,823 | -€6,320 | -52.0% |
| Cash at bank and in hand | 54/58 | €1,205,500 | €19,165 | -€1.2m | -98.4% |
| Total equity and liabilities | 10/49 | €1,253,087 | €1,190,085 | -€63,002 | -5.0% |
| Equity | 10/15 | €1,165,143 | €1,186,120 | +€20,977 | +1.8% |
| Contributions | 10/11 | €31,242 | €31,242 | = | 0.0% |
| Reserves | 13 | €1,133,901 | €1,154,878 | +€20,977 | +1.8% |
| Non-distributable reserves | 130/1 | €4,364 | €4,364 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,364 | €4,364 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,484 | €4,484 | = | 0.0% |
| Distributable reserves | 133 | €1,125,053 | €1,146,030 | +€20,977 | +1.9% |
| Amounts payable | 17/49 | €87,944 | €3,965 | -€83,979 | -95.5% |
| Amounts payable within one year | 42/48 | €87,944 | €3,965 | -€83,979 | -95.5% |
| Trade debts | 44 | €1,200 | €3,965 | +€2,765 | +230.3% |
| Suppliers | 440/4 | €1,200 | €3,965 | +€2,765 | +230.3% |
| Taxes, remuneration and social security | 45 | €31,694 | - | -€31,694 | |
| Taxes | 450/3 | €31,694 | - | -€31,694 | |
| Other amounts payable | 47/48 | €55,049 | - | -€55,049 | |
| Non-recurring operating income | 76A | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,648 | - | -€2,648 | |
| Other operating charges | 640/8 | €1,305 | €1,574 | +€269 | +20.6% |
| Non-recurring operating charges | 66A | €64 | - | -€64 | |
| Gross operating margin | 9900 | -€3,868 | -€7,078 | -€3,210 | -83.0% |
| Operating profit (loss) | 9901 | -€7,885 | -€8,652 | -€767 | -9.7% |
| Financial income | 75/76B | €752,871 | €54,866 | -€698,005 | -92.7% |
| Recurring financial income | 75 | €721,418 | €54,866 | -€666,551 | -92.4% |
| Non-recurring financial income | 76B | €31,453 | - | -€31,453 | |
| Financial charges | 65/66B | €408,276 | €24,023 | -€384,253 | -94.1% |
| Recurring financial charges | 65 | €5,548 | €40 | -€5,508 | -99.3% |
| Non-recurring financial charges | 66B | €402,727 | €23,983 | -€378,744 | -94.0% |
| Profit (loss) for the period before taxes | 9903 | €336,710 | €22,191 | -€314,519 | -93.4% |
| Income taxes | 67/77 | €31,666 | €1,214 | -€30,452 | -96.2% |
| Profit (loss) for the period | 9904 | €305,044 | €20,977 | -€284,067 | -93.1% |
| Profit (loss) for the period to be appropriated | 9905 | €305,044 | €20,977 | -€284,067 | -93.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.