ESSEK: 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.
ESSEK
Largest movements
- Receivables within one year -€19,940
down €19,940 (-70.1%), from €28,444 to €8,504
of which Trade receivables: -€19,377
- Tangible fixed assets -€4,518
down €4,518 (-28.8%), from €15,667 to €11,149
of which Furniture and vehicles: -€7,170
- Cash -€4,353
down €4,353 (-5.2%), from €83,684 to €79,332
mainly Other debts (-€31,021) and Trade debts (-€4,608)
- Other debts -€31,021
down €31,021 (-55.5%), from €55,913 to €24,891
- Reserves +€6,344
up €6,344 (+48.0%), from €13,227 to €19,571
- Trade debts -€4,608
down €4,608 (-34.9%), from €13,185 to €8,577
of which Suppliers: -€6,261
- Gross operating margin -€5,641
down €5,641 (-11.4%), from €49,427 to €43,785
- Depreciation +€3,312
up €3,312 (+80.8%), from €4,100 to €7,412
- Taxes -€1,522
down €1,522 (-26.5%), from €5,732 to €4,210
- Financial charges -€1,492
down €1,492 (-65.6%), from €2,277 to €784
- Staff costs +€1,382
up €1,382 (+4.6%), from €30,063 to €31,445
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 | €129,083 | €99,633 | -€29,449 | -22.8% |
| Fixed assets | 21/28 | €15,667 | €11,149 | -€4,518 | -28.8% |
| Tangible fixed assets | 22/27 | €15,667 | €11,149 | -€4,518 | -28.8% |
| Land and buildings | 22 | - | €2,652 | +€2,652 | |
| Furniture and vehicles | 24 | €15,667 | €8,497 | -€7,170 | -45.8% |
| Current assets | 29/58 | €113,416 | €88,485 | -€24,931 | -22.0% |
| Amounts receivable within one year | 40/41 | €28,444 | €8,504 | -€19,940 | -70.1% |
| Trade receivables | 40 | €27,881 | €8,504 | -€19,377 | -69.5% |
| Other amounts receivable | 41 | €563 | - | -€563 | |
| Cash at bank and in hand | 54/58 | €83,684 | €79,332 | -€4,353 | -5.2% |
| Deferred charges and accrued income | 490/1 | €1,288 | €649 | -€638 | -49.6% |
| Total equity and liabilities | 10/49 | €129,083 | €99,633 | -€29,449 | -22.8% |
| Equity | 10/15 | €46,359 | €52,704 | +€6,344 | +13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,227 | €19,571 | +€6,344 | +48.0% |
| Distributable reserves | 133 | €13,227 | €19,571 | +€6,344 | +48.0% |
| Profit (loss) carried forward | 14 | €14,532 | €14,532 | = | 0.0% |
| Amounts payable | 17/49 | €82,724 | €46,930 | -€35,794 | -43.3% |
| Amounts payable within one year | 42/48 | €82,724 | €46,930 | -€35,794 | -43.3% |
| Trade debts | 44 | €13,185 | €8,577 | -€4,608 | -34.9% |
| Suppliers | 440/4 | €13,185 | €6,924 | -€6,261 | -47.5% |
| Bills of exchange payable | 441 | - | €1,653 | +€1,653 | |
| Taxes, remuneration and social security | 45 | €13,626 | €13,461 | -€165 | -1.2% |
| Taxes | 450/3 | €2,322 | €9,637 | +€7,315 | +315% |
| Remuneration and social security | 454/9 | €11,304 | €3,824 | -€7,480 | -66.2% |
| Other amounts payable | 47/48 | €55,913 | €24,891 | -€31,021 | -55.5% |
| Remuneration, social security and pensions | 62 | €30,063 | €31,445 | +€1,382 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,100 | €7,412 | +€3,312 | +80.8% |
| Other operating charges | 640/8 | €626 | €875 | +€249 | +39.8% |
| Gross operating margin | 9900 | €49,427 | €43,785 | -€5,641 | -11.4% |
| Operating profit (loss) | 9901 | €14,638 | €4,054 | -€10,584 | -72.3% |
| Financial income | 75/76B | €7,737 | €7,285 | -€452 | -5.8% |
| Recurring financial income | 75 | €1,183 | €2,049 | +€866 | +73.2% |
| Non-recurring financial income | 76B | €6,554 | €5,236 | -€1,318 | -20.1% |
| Financial charges | 65/66B | €2,277 | €784 | -€1,492 | -65.6% |
| Recurring financial charges | 65 | €2,277 | €784 | -€1,492 | -65.6% |
| Profit (loss) for the period before taxes | 9903 | €20,098 | €10,554 | -€9,544 | -47.5% |
| Income taxes | 67/77 | €5,732 | €4,210 | -€1,522 | -26.5% |
| Profit (loss) for the period | 9904 | €14,367 | €6,344 | -€8,022 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,367 | €6,344 | -€8,022 | -55.8% |
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 24 October 2026 via checked.be.