Esseci: what changed
Esseci
Largest movements
- Receivables within one year +€45,527
up €45,527 (+35.6%), from €127,919 to €173,446
of which Other amounts receivable: +€43,452
- Cash +€17,748
up €17,748 (+547%), from €3,243 to €20,992
mainly Net result for the year (+€56,410) and Tax, wage and social debts (+€14,875)
- Profit (loss) carried forward +€56,410
up €56,410 (+48.9%), from €115,434 to €171,844
- Tax, wage and social debts +€14,875
up €14,875 (+176%), from €8,469 to €23,344
- Trade debts -€6,656
down €6,656 (-81.2%), from €8,200 to €1,544
- Gross operating margin +€18,292
up €18,292 (+37.0%), from €49,492 to €67,784
- Taxes +€3,450
up €3,450 (+30.8%), from €11,195 to €14,645
- Financial income +€1,527
up €1,527 (+26.7%), from €5,713 to €7,240
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 | €135,577 | €199,780 | +€64,203 | +47.4% |
| Fixed assets | 21/28 | €4,328 | €5,260 | +€932 | +21.5% |
| Tangible fixed assets | 22/27 | €4,328 | €5,260 | +€932 | +21.5% |
| Plant, machinery and equipment | 23 | €1,810 | €3,530 | +€1,720 | +95.0% |
| Furniture and vehicles | 24 | €2,518 | €1,730 | -€788 | -31.3% |
| Current assets | 29/58 | €131,249 | €194,520 | +€63,271 | +48.2% |
| Amounts receivable within one year | 40/41 | €127,919 | €173,446 | +€45,527 | +35.6% |
| Trade receivables | 40 | €17,349 | €19,424 | +€2,075 | +12.0% |
| Other amounts receivable | 41 | €110,570 | €154,023 | +€43,452 | +39.3% |
| Cash at bank and in hand | 54/58 | €3,243 | €20,992 | +€17,748 | +547% |
| Deferred charges and accrued income | 490/1 | €87 | €82 | -€4 | -5.2% |
| Total equity and liabilities | 10/49 | €135,577 | €199,780 | +€64,203 | +47.4% |
| Equity | 10/15 | €117,934 | €174,344 | +€56,410 | +47.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €115,434 | €171,844 | +€56,410 | +48.9% |
| Amounts payable | 17/49 | €17,643 | €25,436 | +€7,793 | +44.2% |
| Amounts payable within one year | 42/48 | €17,643 | €25,436 | +€7,793 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €974 | - | -€974 | |
| Trade debts | 44 | €8,200 | €1,544 | -€6,656 | -81.2% |
| Suppliers | 440/4 | €8,200 | €1,544 | -€6,656 | -81.2% |
| Advances received on contracts in progress | 46 | - | €326 | +€326 | |
| Taxes, remuneration and social security | 45 | €8,469 | €23,344 | +€14,875 | +176% |
| Taxes | 450/3 | €8,469 | €23,344 | +€14,875 | +176% |
| Other amounts payable | 47/48 | - | €222 | +€222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,470 | €1,830 | +€361 | +24.5% |
| Other operating charges | 640/8 | €535 | €520 | -€15 | -2.8% |
| Gross operating margin | 9900 | €49,492 | €67,784 | +€18,292 | +37.0% |
| Operating profit (loss) | 9901 | €47,488 | €65,434 | +€17,946 | +37.8% |
| Financial income | 75/76B | €5,713 | €7,240 | +€1,527 | +26.7% |
| Recurring financial income | 75 | €5,713 | €7,240 | +€1,527 | +26.7% |
| Financial charges | 65/66B | €1,567 | €1,618 | +€51 | +3.2% |
| Recurring financial charges | 65 | €1,567 | €1,618 | +€51 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €51,633 | €71,055 | +€19,422 | +37.6% |
| Income taxes | 67/77 | €11,195 | €14,645 | +€3,450 | +30.8% |
| Profit (loss) for the period | 9904 | €40,438 | €56,410 | +€15,972 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,438 | €56,410 | +€15,972 | +39.5% |
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 8 November 2026 via checked.be.