ESSC: 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.
ESSC
Largest movements
- Cash +€659,095
up €659,095 (+27.5%), from €2.4m to €3.1m
mainly Trade debts (+€882,504) and Net result for the year (+€324,990)
- Receivables within one year +€328,326
up €328,326 (+26.4%), from €1.2m to €1.6m
of which Trade receivables: +€192,503
- Trade debts +€882,504
up €882,504 (+695.8%), from €126,828 to €1.0m
- Profit (loss) carried forward +€174,990
up €174,990 (+11.2%), from €1.6m to €1.7m
- Other debts -€104,552
down €104,552 (-6.1%), from €1.7m to €1.6m
- Gross operating margin -€346,673
down €346,673 (-13.7%), from €2.5m to €2.2m
- Taxes -€110,133
down €110,133 (-40.7%), from €270,314 to €160,181
- Staff costs +€101,881
up €101,881 (+6.9%), from €1.5m to €1.6m
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 | €4,056,997 | €5,031,228 | +€974,231 | +24.0% |
| Fixed assets | 21/28 | €79,819 | €96,820 | +€17,001 | +21.3% |
| Tangible fixed assets | 22/27 | €23,639 | €40,640 | +€17,001 | +71.9% |
| Furniture and vehicles | 24 | €23,639 | €40,640 | +€17,001 | +71.9% |
| Financial fixed assets | 28 | €56,180 | €56,180 | = | 0.0% |
| Current assets | 29/58 | €3,977,178 | €4,934,408 | +€957,230 | +24.1% |
| Stocks and contracts in progress | 3 | €311,696 | €278,130 | -€33,565 | -10.8% |
| Stocks | 30/36 | €311,696 | €278,130 | -€33,565 | -10.8% |
| Amounts receivable within one year | 40/41 | €1,245,491 | €1,573,817 | +€328,326 | +26.4% |
| Trade receivables | 40 | €1,059,474 | €1,251,976 | +€192,503 | +18.2% |
| Other amounts receivable | 41 | €186,017 | €321,841 | +€135,824 | +73.0% |
| Cash at bank and in hand | 54/58 | €2,400,641 | €3,059,736 | +€659,095 | +27.5% |
| Deferred charges and accrued income | 490/1 | €19,350 | €22,724 | +€3,374 | +17.4% |
| Total equity and liabilities | 10/49 | €4,056,997 | €5,031,228 | +€974,231 | +24.0% |
| Equity | 10/15 | €1,627,308 | €1,802,298 | +€174,990 | +10.8% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €1,555,808 | €1,730,798 | +€174,990 | +11.2% |
| Amounts payable | 17/49 | €2,429,690 | €3,228,930 | +€799,241 | +32.9% |
| Amounts payable within one year | 42/48 | €2,046,607 | €2,819,064 | +€772,456 | +37.7% |
| Trade debts | 44 | €126,828 | €1,009,331 | +€882,504 | +695.8% |
| Suppliers | 440/4 | €126,828 | €1,009,331 | +€882,504 | +695.8% |
| Taxes, remuneration and social security | 45 | €201,255 | €195,760 | -€5,495 | -2.7% |
| Taxes | 450/3 | €41,759 | €37,157 | -€4,601 | -11.0% |
| Remuneration and social security | 454/9 | €159,496 | €158,602 | -€894 | -0.6% |
| Other amounts payable | 47/48 | €1,718,525 | €1,613,973 | -€104,552 | -6.1% |
| Accrued charges and deferred income | 492/3 | €383,082 | €409,866 | +€26,784 | +7.0% |
| Non-recurring operating income | 76A | €28,424 | €2,044 | -€26,380 | -92.8% |
| Remuneration, social security and pensions | 62 | €1,473,527 | €1,575,407 | +€101,881 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,676 | €15,325 | +€649 | +4.4% |
| Other operating charges | 640/8 | €2,156 | €13,725 | +€11,568 | +536.5% |
| Gross operating margin | 9900 | €2,533,252 | €2,186,579 | -€346,673 | -13.7% |
| Operating profit (loss) | 9901 | €1,042,893 | €582,122 | -€460,771 | -44.2% |
| Financial income | 75/76B | €1,851 | €4,360 | +€2,509 | +135.5% |
| Recurring financial income | 75 | €1,851 | €4,360 | +€2,509 | +135.5% |
| Financial charges | 65/66B | €78,268 | €101,311 | +€23,043 | +29.4% |
| Recurring financial charges | 65 | €78,268 | €101,311 | +€23,043 | +29.4% |
| Profit (loss) for the period before taxes | 9903 | €966,476 | €485,171 | -€481,305 | -49.8% |
| Income taxes | 67/77 | €270,314 | €160,181 | -€110,133 | -40.7% |
| Profit (loss) for the period | 9904 | €696,162 | €324,990 | -€371,172 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €696,162 | €324,990 | -€371,172 | -53.3% |
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 30 September 2026 via checked.be.