ESSALAMA: 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.
ESSALAMA
Largest movements
- Cash +€139,731
up €139,731 (+176%), from €79,549 to €219,280
mainly Tax, wage and social debts (+€48,248) and Net result for the year (+€45,183)
- Stocks and contracts -€26,340
down €26,340 (-17.2%), from €153,370 to €127,030
- Tangible fixed assets +€16,368
up €16,368 (+14.8%), from €110,878 to €127,247
of which Other tangible fixed assets: +€28,543
- Receivables within one year -€14,476
down €14,476 (-35.5%), from €40,743 to €26,266
of which Other amounts receivable: -€14,191
- Tax, wage and social debts +€48,248
up €48,248 (+69.0%), from €69,919 to €118,167
of which Taxes: +€25,284
- Profit (loss) carried forward +€45,183
up €45,183 (+15.9%), from €283,769 to €328,952
- Trade debts +€21,852
up €21,852 (+63.6%), from €34,336 to €56,188
- Turnover -€867,680
no longer reported in 2025 (was €867,680)
- Purchases and services -€594,558
no longer reported in 2025 (was €594,558)
- Staff costs +€27,099
up €27,099 (+15.7%), from €172,879 to €199,977
- Gross operating margin +€21,948
up €21,948 (+8.0%), from €273,122 to €295,070
- Other operating charges -€14,083
down €14,083 (-49.0%), from €28,719 to €14,636
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 | €394,870 | €510,153 | +€115,283 | +29.2% |
| Fixed assets | 21/28 | €121,208 | €137,577 | +€16,368 | +13.5% |
| Tangible fixed assets | 22/27 | €110,878 | €127,247 | +€16,368 | +14.8% |
| Furniture and vehicles | 24 | €51,093 | €38,918 | -€12,174 | -23.8% |
| Other tangible fixed assets | 26 | €59,786 | €88,328 | +€28,543 | +47.7% |
| Financial fixed assets | 28 | €10,330 | €10,330 | = | 0.0% |
| Current assets | 29/58 | €273,662 | €372,576 | +€98,914 | +36.1% |
| Stocks and contracts in progress | 3 | €153,370 | €127,030 | -€26,340 | -17.2% |
| Stocks | 30/36 | €153,370 | €127,030 | -€26,340 | -17.2% |
| Amounts receivable within one year | 40/41 | €40,743 | €26,266 | -€14,476 | -35.5% |
| Trade receivables | 40 | €2,893 | €2,607 | -€285 | -9.9% |
| Other amounts receivable | 41 | €37,850 | €23,659 | -€14,191 | -37.5% |
| Cash at bank and in hand | 54/58 | €79,549 | €219,280 | +€139,731 | +176% |
| Total equity and liabilities | 10/49 | €394,870 | €510,153 | +€115,283 | +29.2% |
| Equity | 10/15 | €286,229 | €331,412 | +€45,183 | +15.8% |
| Contributions | 10/11 | €600 | €600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €283,769 | €328,952 | +€45,183 | +15.9% |
| Amounts payable | 17/49 | €108,641 | €178,740 | +€70,100 | +64.5% |
| Amounts payable within one year | 42/48 | €108,641 | €178,740 | +€70,100 | +64.5% |
| Trade debts | 44 | €34,336 | €56,188 | +€21,852 | +63.6% |
| Suppliers | 440/4 | €34,336 | €56,188 | +€21,852 | +63.6% |
| Taxes, remuneration and social security | 45 | €69,919 | €118,167 | +€48,248 | +69.0% |
| Taxes | 450/3 | €20,182 | €45,466 | +€25,284 | +125% |
| Remuneration and social security | 454/9 | €49,737 | €72,701 | +€22,964 | +46.2% |
| Other amounts payable | 47/48 | €4,386 | €4,386 | = | 0.0% |
| Turnover | 70 | €867,680 | - | -€867,680 | |
| Goods, raw materials, services and sundry goods | 60/61 | €594,558 | - | -€594,558 | |
| Remuneration, social security and pensions | 62 | €172,879 | €199,977 | +€27,099 | +15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,136 | €13,432 | +€2,295 | +20.6% |
| Other operating charges | 640/8 | €28,719 | €14,636 | -€14,083 | -49.0% |
| Non-recurring operating charges | 66A | €258 | - | -€258 | |
| Gross operating margin | 9900 | €273,122 | €295,070 | +€21,948 | +8.0% |
| Operating profit (loss) | 9901 | €60,130 | €67,024 | +€6,894 | +11.5% |
| Financial income | 75/76B | €27 | - | -€27 | |
| Recurring financial income | 75 | €27 | - | -€27 | |
| Financial charges | 65/66B | -€24 | €1,479 | +€1,503 | |
| Recurring financial charges | 65 | -€24 | €1,479 | +€1,503 | |
| Profit (loss) for the period before taxes | 9903 | €60,181 | €65,545 | +€5,364 | +8.9% |
| Income taxes | 67/77 | €11,000 | €20,362 | +€9,362 | +85.1% |
| Profit (loss) for the period | 9904 | €49,181 | €45,183 | -€3,998 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,181 | €45,183 | -€3,998 | -8.1% |
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.