ESSENSE: 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.
ESSENSE
Largest movements
- Receivables within one year +€17,339
up €17,339 (+25.8%), from €67,132 to €84,470
of which Trade receivables: +€17,339
- Cash +€13,156
up €13,156 (+11.8%), from €111,429 to €124,585
mainly Net result for the year (+€38,002) and Depreciation (+€5,553)
- Reserves +€38,002
up €38,002 (+28.6%), from €132,755 to €170,757
- Other debts -€10,841
down €10,841 (-86.2%), from €12,581 to €1,740
- Debts after one year -€7,408
down €7,408 (-100.0%), from €7,408 to €0
- Current portion of long-term debt +€5,549
up €5,549 (+298.5%), from €1,859 to €7,408
- Gross operating margin -€5,937
down €5,937 (-8.7%), from €68,285 to €62,348
- Taxes -€1,136
down €1,136 (-6.5%), from €17,445 to €16,309
- Other operating charges -€868
down €868 (-52.8%), from €1,645 to €776
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.
Cash bridge derived
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 | €191,368 | €221,427 | +€30,059 | +15.7% |
| Fixed assets | 21/28 | €11,493 | €12,371 | +€878 | +7.6% |
| Tangible fixed assets | 22/27 | €11,493 | €12,371 | +€878 | +7.6% |
| Land and buildings | 22 | €4,772 | €4,192 | -€580 | -12.1% |
| Plant, machinery and equipment | 23 | - | €1,491 | +€1,491 | |
| Furniture and vehicles | 24 | €6,721 | €6,688 | -€33 | -0.5% |
| Current assets | 29/58 | €179,875 | €209,056 | +€29,181 | +16.2% |
| Amounts receivable within one year | 40/41 | €67,132 | €84,470 | +€17,339 | +25.8% |
| Trade receivables | 40 | €66,508 | €83,847 | +€17,339 | +26.1% |
| Other amounts receivable | 41 | €624 | €624 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,429 | €124,585 | +€13,156 | +11.8% |
| Deferred charges and accrued income | 490/1 | €1,314 | €0 | -€1,314 | -100.0% |
| Total equity and liabilities | 10/49 | €191,368 | €221,427 | +€30,059 | +15.7% |
| Equity | 10/15 | €152,755 | €190,757 | +€38,002 | +24.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €132,755 | €170,757 | +€38,002 | +28.6% |
| Distributable reserves | 133 | €132,755 | €170,757 | +€38,002 | +28.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €38,613 | €30,670 | -€7,943 | -20.6% |
| Amounts payable after more than one year | 17 | €7,408 | €0 | -€7,408 | -100.0% |
| Financial debts | 170/4 | €7,408 | €0 | -€7,408 | -100.0% |
| Amounts payable within one year | 42/48 | €31,205 | €30,670 | -€535 | -1.7% |
| Current portion of amounts payable after more than one year | 42 | €1,859 | €7,408 | +€5,549 | +298.5% |
| Financial debts | 43 | €2,138 | €3,868 | +€1,730 | +80.9% |
| Credit institutions | 430/8 | €2,138 | €3,868 | +€1,730 | +80.9% |
| Trade debts | 44 | €1,552 | €3,327 | +€1,775 | +114.4% |
| Suppliers | 440/4 | €1,552 | €3,327 | +€1,775 | +114.4% |
| Taxes, remuneration and social security | 45 | €13,075 | €14,327 | +€1,252 | +9.6% |
| Taxes | 450/3 | €13,075 | €14,327 | +€1,252 | +9.6% |
| Other amounts payable | 47/48 | €12,581 | €1,740 | -€10,841 | -86.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,021 | €5,553 | +€532 | +10.6% |
| Other operating charges | 640/8 | €1,645 | €776 | -€868 | -52.8% |
| Gross operating margin | 9900 | €68,285 | €62,348 | -€5,937 | -8.7% |
| Operating profit (loss) | 9901 | €61,618 | €56,018 | -€5,600 | -9.1% |
| Financial income | 75/76B | €874 | €564 | -€310 | -35.5% |
| Recurring financial income | 75 | €289 | €564 | +€275 | +95.3% |
| Non-recurring financial income | 76B | €585 | €0 | -€585 | -100.0% |
| Financial charges | 65/66B | €2,723 | €2,271 | -€452 | -16.6% |
| Recurring financial charges | 65 | €2,723 | €2,271 | -€452 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €59,770 | €54,311 | -€5,459 | -9.1% |
| Income taxes | 67/77 | €17,445 | €16,309 | -€1,136 | -6.5% |
| Profit (loss) for the period | 9904 | €42,325 | €38,002 | -€4,322 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,325 | €38,002 | -€4,322 | -10.2% |
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 12 October 2026 via checked.be.