ESSENCING: 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.
ESSENCING
Largest movements
- Cash +€143,189
up €143,189 (+168%), from €85,332 to €228,521
mainly Investment in fixed assets (net) (+€53,930) and Receivables within one year (+€44,740)
- Tangible fixed assets -€72,285
down €72,285 (-23.9%), from €302,204 to €229,920
of which Land and buildings: -€71,126
- Receivables within one year -€44,740
down €44,740 (-85.3%), from €52,440 to €7,700
of which Other amounts receivable: -€33,202
- Reserves +€19,945
up €19,945 (+4.5%), from €440,956 to €460,901
of which Distributable reserves: +€19,945
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Gross operating margin +€24,779
up €24,779 (+109%), from €22,678 to €47,456
- Taxes +€9,016
up €9,016 (+5,882%), from €153 to €9,169
- Depreciation -€3,158
down €3,158 (-14.7%), from €21,512 to €18,354
- Financial income +€1,209
up €1,209 (+64.6%), from €1,871 to €3,081
- Other operating charges +€499
up €499 (+28.8%), from €1,731 to €2,231
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 | €460,646 | €487,292 | +€26,646 | +5.8% |
| Fixed assets | 21/28 | €302,204 | €229,920 | -€72,285 | -23.9% |
| Tangible fixed assets | 22/27 | €302,204 | €229,920 | -€72,285 | -23.9% |
| Land and buildings | 22 | €294,369 | €223,243 | -€71,126 | -24.2% |
| Plant, machinery and equipment | 23 | €7,835 | €6,677 | -€1,158 | -14.8% |
| Current assets | 29/58 | €158,442 | €257,372 | +€98,930 | +62.4% |
| Amounts receivable within one year | 40/41 | €52,440 | €7,700 | -€44,740 | -85.3% |
| Trade receivables | 40 | €11,538 | €0 | -€11,538 | -100% |
| Other amounts receivable | 41 | €40,902 | €7,700 | -€33,202 | -81.2% |
| Current investments | 50/53 | €20,671 | €20,671 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,332 | €228,521 | +€143,189 | +168% |
| Deferred charges and accrued income | 490/1 | - | €481 | +€481 | |
| Total equity and liabilities | 10/49 | €460,646 | €487,292 | +€26,646 | +5.8% |
| Equity | 10/15 | €452,757 | €479,501 | +€26,744 | +5.9% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €440,956 | €460,901 | +€19,945 | +4.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €439,096 | €459,041 | +€19,945 | +4.5% |
| Profit (loss) carried forward | 14 | -€599 | €0 | +€599 | |
| Amounts payable | 17/49 | €7,889 | €7,791 | -€98 | -1.2% |
| Amounts payable within one year | 42/48 | €7,889 | €7,791 | -€98 | -1.2% |
| Trade debts | 44 | €1,068 | €1,837 | +€769 | +72.0% |
| Suppliers | 440/4 | €1,068 | €1,837 | +€769 | +72.0% |
| Taxes, remuneration and social security | 45 | €4,650 | €3,933 | -€717 | -15.4% |
| Taxes | 450/3 | €4,650 | €3,933 | -€717 | -15.4% |
| Other amounts payable | 47/48 | €2,171 | €2,021 | -€150 | -6.9% |
| Non-recurring operating income | 76A | - | €53,570 | +€53,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,512 | €18,354 | -€3,158 | -14.7% |
| Other operating charges | 640/8 | €1,731 | €2,231 | +€499 | +28.8% |
| Gross operating margin | 9900 | €22,678 | €47,456 | +€24,779 | +109% |
| Operating profit (loss) | 9901 | -€566 | €26,871 | +€27,437 | |
| Financial income | 75/76B | €1,871 | €3,081 | +€1,209 | +64.6% |
| Recurring financial income | 75 | €1,871 | €3,081 | +€1,209 | +64.6% |
| Financial charges | 65/66B | -€93 | €239 | +€333 | |
| Recurring financial charges | 65 | -€93 | €239 | +€333 | |
| Profit (loss) for the period before taxes | 9903 | €1,399 | €29,713 | +€28,314 | +2,023% |
| Income taxes | 67/77 | €153 | €9,169 | +€9,016 | +5,882% |
| Profit (loss) for the period | 9904 | €1,246 | €20,544 | +€19,298 | +1,549% |
| Profit (loss) for the period to be appropriated | 9905 | €1,246 | €20,544 | +€19,298 | +1,549% |
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 26 October 2026 via checked.be.