ESSAM: what changed
ESSAM
Largest movements
- Cash -€52,976
down €52,976 (-63.2%), from €83,766 to €30,790
mainly Trade debts (-€31,615) and Other debts (-€25,164)
- Tangible fixed assets +€10,565
up €10,565 (+128%), from €8,228 to €18,793
of which Furniture and vehicles: +€10,970
- Receivables within one year +€5,928
up €5,928 (+18.2%), from €32,640 to €38,567
of which Other amounts receivable: +€36,050
- Trade debts -€31,615
down €31,615 (-32.6%), from €96,883 to €65,268
- Other debts -€25,164
down €25,164 (-50.9%), from €49,441 to €24,276
- Profit (loss) carried forward +€24,809
up €24,809 (+33.4%), from -€74,389 to -€49,580
- Tax, wage and social debts -€4,400
down €4,400 (-22.2%), from €19,823 to €15,423
of which Remuneration and social security: -€4,572
- Staff costs -€39,277
down €39,277 (-25.1%), from €156,466 to €117,190
- Gross operating margin -€15,343
down €15,343 (-8.4%), from €182,599 to €167,256
- Other operating charges +€5,557
up €5,557 (+53.0%), from €10,476 to €16,034
- Depreciation +€5,401
up €5,401 (+723%), from €747 to €6,147
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,537 | €88,780 | -€36,757 | -29.3% |
| Fixed assets | 21/28 | €8,858 | €19,423 | +€10,565 | +119% |
| Tangible fixed assets | 22/27 | €8,228 | €18,793 | +€10,565 | +128% |
| Plant, machinery and equipment | 23 | €405 | €0 | -€405 | -100.0% |
| Furniture and vehicles | 24 | €7,823 | €18,793 | +€10,970 | +140% |
| Financial fixed assets | 28 | €630 | €630 | = | 0.0% |
| Current assets | 29/58 | €116,679 | €69,357 | -€47,322 | -40.6% |
| Amounts receivable within one year | 40/41 | €32,640 | €38,567 | +€5,928 | +18.2% |
| Trade receivables | 40 | €30,122 | - | -€30,122 | |
| Other amounts receivable | 41 | €2,518 | €38,567 | +€36,050 | +1,432% |
| Cash at bank and in hand | 54/58 | €83,766 | €30,790 | -€52,976 | -63.2% |
| Deferred charges and accrued income | 490/1 | €273 | - | -€273 | |
| Total equity and liabilities | 10/49 | €125,537 | €88,780 | -€36,757 | -29.3% |
| Equity | 10/15 | -€49,938 | -€25,129 | +€24,809 | +49.7% |
| Contributions | 10/11 | €22,592 | €22,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€74,389 | -€49,580 | +€24,809 | +33.4% |
| Amounts payable | 17/49 | €175,475 | €113,909 | -€61,566 | -35.1% |
| Amounts payable within one year | 42/48 | €175,475 | €113,909 | -€61,566 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €9,329 | €8,943 | -€386 | -4.1% |
| Trade debts | 44 | €96,883 | €65,268 | -€31,615 | -32.6% |
| Suppliers | 440/4 | €96,883 | €65,268 | -€31,615 | -32.6% |
| Taxes, remuneration and social security | 45 | €19,823 | €15,423 | -€4,400 | -22.2% |
| Taxes | 450/3 | €187 | €358 | +€172 | +92.1% |
| Remuneration and social security | 454/9 | €19,636 | €15,064 | -€4,572 | -23.3% |
| Other amounts payable | 47/48 | €49,441 | €24,276 | -€25,164 | -50.9% |
| Remuneration, social security and pensions | 62 | €156,466 | €117,190 | -€39,277 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €747 | €6,147 | +€5,401 | +723% |
| Other operating charges | 640/8 | €10,476 | €16,034 | +€5,557 | +53.0% |
| Gross operating margin | 9900 | €182,599 | €167,256 | -€15,343 | -8.4% |
| Operating profit (loss) | 9901 | €14,909 | €27,885 | +€12,976 | +87.0% |
| Financial income | 75/76B | - | €196 | +€196 | |
| Recurring financial income | 75 | - | €196 | +€196 | |
| Financial charges | 65/66B | €3,516 | €3,272 | -€245 | -7.0% |
| Recurring financial charges | 65 | €3,516 | €3,272 | -€245 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €11,393 | €24,809 | +€13,416 | +118% |
| Profit (loss) for the period | 9904 | €11,393 | €24,809 | +€13,416 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €11,393 | €24,809 | +€13,416 | +118% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.