EssaSol: 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.
EssaSol
Largest movements
- Stocks and contracts +€81,298
up €81,298 (+77.5%), from €104,943 to €186,240
- Receivables within one year +€19,250
up €19,250 (+18.1%), from €106,226 to €125,476
of which Trade receivables: +€23,940
- Cash +€9,491
up €9,491 (+53.6%), from €17,703 to €27,194
mainly Net result for the year (+€88,591) and Trade debts (+€21,254)
- Tangible fixed assets -€6,347
down €6,347 (-12.6%), from €50,527 to €44,180
of which Furniture and vehicles: -€3,491
- Profit (loss) carried forward +€88,591
up €88,591 (+139.9%), from €63,324 to €151,914
- Trade debts +€21,254
up €21,254 (+42.1%), from €50,508 to €71,762
- Other debts -€9,093
down €9,093 (-5.7%), from €158,567 to €149,474
- Gross operating margin +€25,493
up €25,493 (+25.4%), from €100,275 to €125,769
- Staff costs +€17,778
new in 2024: €17,778
- Taxes +€6,706
new in 2024: €6,706
- Other operating charges +€2,383
up €2,383 (+245.1%), from €972 to €3,356
- Depreciation +€1,594
up €1,594 (+20.8%), from €7,653 to €9,247
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 | €282,399 | €386,090 | +€103,691 | +36.7% |
| Fixed assets | 21/28 | €53,527 | €47,180 | -€6,347 | -11.9% |
| Tangible fixed assets | 22/27 | €50,527 | €44,180 | -€6,347 | -12.6% |
| Plant, machinery and equipment | 23 | €43,191 | €40,335 | -€2,856 | -6.6% |
| Furniture and vehicles | 24 | €7,336 | €3,845 | -€3,491 | -47.6% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €228,871 | €338,910 | +€110,038 | +48.1% |
| Stocks and contracts in progress | 3 | €104,943 | €186,240 | +€81,298 | +77.5% |
| Stocks | 30/36 | €104,943 | €186,240 | +€81,298 | +77.5% |
| Amounts receivable within one year | 40/41 | €106,226 | €125,476 | +€19,250 | +18.1% |
| Trade receivables | 40 | €101,334 | €125,273 | +€23,940 | +23.6% |
| Other amounts receivable | 41 | €4,892 | €202 | -€4,690 | -95.9% |
| Cash at bank and in hand | 54/58 | €17,703 | €27,194 | +€9,491 | +53.6% |
| Total equity and liabilities | 10/49 | €282,399 | €386,090 | +€103,691 | +36.7% |
| Equity | 10/15 | €73,324 | €161,914 | +€88,591 | +120.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,324 | €151,914 | +€88,591 | +139.9% |
| Amounts payable | 17/49 | €209,075 | €224,176 | +€15,101 | +7.2% |
| Amounts payable within one year | 42/48 | €209,075 | €224,176 | +€15,101 | +7.2% |
| Trade debts | 44 | €50,508 | €71,762 | +€21,254 | +42.1% |
| Suppliers | 440/4 | €50,508 | €71,762 | +€21,254 | +42.1% |
| Taxes, remuneration and social security | 45 | - | €2,940 | +€2,940 | |
| Taxes | 450/3 | - | €2 | +€2 | |
| Remuneration and social security | 454/9 | - | €2,937 | +€2,937 | |
| Other amounts payable | 47/48 | €158,567 | €149,474 | -€9,093 | -5.7% |
| Non-recurring operating income | 76A | - | €2,273 | +€2,273 | |
| Remuneration, social security and pensions | 62 | - | €17,778 | +€17,778 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,653 | €9,247 | +€1,594 | +20.8% |
| Other operating charges | 640/8 | €972 | €3,356 | +€2,383 | +245.1% |
| Gross operating margin | 9900 | €100,275 | €125,769 | +€25,493 | +25.4% |
| Operating profit (loss) | 9901 | €91,651 | €95,388 | +€3,738 | +4.1% |
| Financial income | 75/76B | €222 | €340 | +€118 | +53.1% |
| Recurring financial income | 75 | €222 | €340 | +€118 | +53.1% |
| Financial charges | 65/66B | €1,004 | €432 | -€572 | -57.0% |
| Recurring financial charges | 65 | €1,004 | €432 | -€572 | -57.0% |
| Profit (loss) for the period before taxes | 9903 | €90,869 | €95,297 | +€4,428 | +4.9% |
| Income taxes | 67/77 | - | €6,706 | +€6,706 | |
| Profit (loss) for the period | 9904 | €90,869 | €88,591 | -€2,278 | -2.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,869 | €88,591 | -€2,278 | -2.5% |
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.