ESSAL: 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.
ESSAL
Largest movements
- Cash +€330,332
up €330,332 (+38.0%), from €870,223 to €1.2m
mainly Net result for the year (+€561,377) and Stocks and contracts (+€40,125)
- Receivables within one year +€110,289
up €110,289 (+20.7%), from €533,572 to €643,861
of which Trade receivables: +€80,501
- Stocks and contracts -€40,125
down €40,125 (-4.3%), from €927,000 to €886,875
- Profit (loss) carried forward +€491,377
up €491,377 (+28.9%), from €1.7m to €2.2m
- Trade debts -€76,144
down €76,144 (-50.3%), from €151,432 to €75,288
- Other debts -€34,450
down €34,450 (-32.6%), from €105,560 to €71,110
- Gross operating margin +€184,689
up €184,689 (+34.8%), from €531,400 to €716,089
- Taxes +€23,835
up €23,835 (+15.8%), from €150,692 to €174,527
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.
Cash bridge derived
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 | €2,332,221 | €2,732,004 | +€399,783 | +17.1% |
| Fixed assets | 21/28 | €1,426 | €713 | -€713 | -50.0% |
| Tangible fixed assets | 22/27 | €1,426 | €713 | -€713 | -50.0% |
| Furniture and vehicles | 24 | €1,426 | €713 | -€713 | -50.0% |
| Current assets | 29/58 | €2,330,795 | €2,731,291 | +€400,496 | +17.2% |
| Stocks and contracts in progress | 3 | €927,000 | €886,875 | -€40,125 | -4.3% |
| Stocks | 30/36 | €927,000 | €886,875 | -€40,125 | -4.3% |
| Amounts receivable within one year | 40/41 | €533,572 | €643,861 | +€110,289 | +20.7% |
| Trade receivables | 40 | €429,300 | €509,801 | +€80,501 | +18.8% |
| Other amounts receivable | 41 | €104,272 | €134,060 | +€29,788 | +28.6% |
| Cash at bank and in hand | 54/58 | €870,223 | €1,200,555 | +€330,332 | +38.0% |
| Total equity and liabilities | 10/49 | €2,332,221 | €2,732,004 | +€399,783 | +17.1% |
| Equity | 10/15 | €2,019,932 | €2,511,309 | +€491,377 | +24.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €301,860 | €301,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,699,472 | €2,190,849 | +€491,377 | +28.9% |
| Amounts payable | 17/49 | €312,289 | €220,695 | -€91,594 | -29.3% |
| Amounts payable within one year | 42/48 | €312,289 | €220,695 | -€91,594 | -29.3% |
| Trade debts | 44 | €151,432 | €75,288 | -€76,144 | -50.3% |
| Suppliers | 440/4 | €151,432 | €75,288 | -€76,144 | -50.3% |
| Advances received on contracts in progress | 46 | €55,297 | €74,297 | +€19,000 | +34.4% |
| Other amounts payable | 47/48 | €105,560 | €71,110 | -€34,450 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €713 | €713 | = | 0.0% |
| Other operating charges | 640/8 | €1,647 | €1,414 | -€233 | -14.1% |
| Gross operating margin | 9900 | €531,400 | €716,089 | +€184,689 | +34.8% |
| Operating profit (loss) | 9901 | €529,040 | €713,962 | +€184,922 | +35.0% |
| Financial income | 75/76B | €19,809 | €22,723 | +€2,914 | +14.7% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +33.3% |
| Non-recurring financial income | 76B | €19,806 | €22,719 | +€2,913 | +14.7% |
| Financial charges | 65/66B | €378 | €781 | +€403 | +106.6% |
| Recurring financial charges | 65 | €378 | €781 | +€403 | +106.6% |
| Profit (loss) for the period before taxes | 9903 | €548,471 | €735,904 | +€187,433 | +34.2% |
| Income taxes | 67/77 | €150,692 | €174,527 | +€23,835 | +15.8% |
| Profit (loss) for the period | 9904 | €397,779 | €561,377 | +€163,598 | +41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €397,779 | €561,377 | +€163,598 | +41.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.