ESSENTCONSTRUCT: 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.
ESSENTCONSTRUCT
Largest movements
- Tangible fixed assets -€48,184
down €48,184 (-20.1%), from €239,931 to €191,747
of which Land and buildings: -€47,889
- Receivables within one year -€43,592
down €43,592 (-22.6%), from €193,283 to €149,692
of which Other amounts receivable: -€58,580
- Debts after one year -€46,787
down €46,787 (-12.4%), from €378,194 to €331,407
- Other debts -€36,397
down €36,397 (-74.4%), from €48,909 to €12,511
- Profit (loss) carried forward -€6,869
down €6,869 (-6.0%), from -€114,688 to -€121,558
- Gross operating margin +€10,304
up €10,304 (+35.8%), from €28,768 to €39,072
- Financial income -€2,599
down €2,599 (-26.0%), from €9,992 to €7,393
of which Financial income: -€2,549
- Taxes -€2,000
down €2,000 (-100.0%), from €2,000 to €0
- Financial charges -€1,129
down €1,129 (-19.0%), from €5,949 to €4,820
- Depreciation -€629
down €629 (-1.4%), from €44,618 to €43,989
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 | €440,050 | €346,890 | -€93,161 | -21.2% |
| Fixed assets | 21/28 | €239,931 | €191,747 | -€48,184 | -20.1% |
| Tangible fixed assets | 22/27 | €239,931 | €191,747 | -€48,184 | -20.1% |
| Land and buildings | 22 | €239,024 | €191,135 | -€47,889 | -20.0% |
| Furniture and vehicles | 24 | €907 | €612 | -€295 | -32.6% |
| Current assets | 29/58 | €200,119 | €155,143 | -€44,976 | -22.5% |
| Amounts receivable within one year | 40/41 | €193,283 | €149,692 | -€43,592 | -22.6% |
| Trade receivables | 40 | €9,582 | €24,571 | +€14,989 | +156.4% |
| Other amounts receivable | 41 | €183,701 | €125,120 | -€58,580 | -31.9% |
| Cash at bank and in hand | 54/58 | €2,557 | €5,322 | +€2,765 | +108.1% |
| Deferred charges and accrued income | 490/1 | €4,279 | €129 | -€4,149 | -97.0% |
| Total equity and liabilities | 10/49 | €440,050 | €346,890 | -€93,161 | -21.2% |
| Equity | 10/15 | -€47,347 | -€54,216 | -€6,869 | -14.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €17,342 | €17,342 | = | 0.0% |
| Distributable reserves | 133 | €17,342 | €17,342 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,688 | -€121,558 | -€6,869 | -6.0% |
| Amounts payable | 17/49 | €487,397 | €401,106 | -€86,291 | -17.7% |
| Amounts payable after more than one year | 17 | €378,194 | €331,407 | -€46,787 | -12.4% |
| Financial debts | 170/4 | €378,194 | €331,407 | -€46,787 | -12.4% |
| Amounts payable within one year | 42/48 | €109,203 | €69,699 | -€39,505 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €46,787 | €46,787 | = | 0.0% |
| Trade debts | 44 | €12,168 | €8,430 | -€3,738 | -30.7% |
| Suppliers | 440/4 | €12,168 | €8,430 | -€3,738 | -30.7% |
| Advances received on contracts in progress | 46 | €1,340 | €0 | -€1,340 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €1,971 | +€1,971 | |
| Taxes | 450/3 | - | €1,971 | +€1,971 | |
| Other amounts payable | 47/48 | €48,909 | €12,511 | -€36,397 | -74.4% |
| Non-recurring operating income | 76A | - | €12,334 | +€12,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,618 | €43,989 | -€629 | -1.4% |
| Other operating charges | 640/8 | €3,977 | €4,525 | +€548 | +13.8% |
| Gross operating margin | 9900 | €28,768 | €39,072 | +€10,304 | +35.8% |
| Operating profit (loss) | 9901 | -€19,827 | -€9,442 | +€10,385 | +52.4% |
| Financial income | 75/76B | €9,992 | €7,393 | -€2,599 | -26.0% |
| Recurring financial income | 75 | €9,942 | €7,393 | -€2,549 | -25.6% |
| Non-recurring financial income | 76B | €50 | - | -€50 | |
| Financial charges | 65/66B | €5,949 | €4,820 | -€1,129 | -19.0% |
| Recurring financial charges | 65 | €5,949 | €4,820 | -€1,129 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,784 | -€6,869 | +€8,915 | +56.5% |
| Income taxes | 67/77 | €2,000 | €0 | -€2,000 | -100.0% |
| Profit (loss) for the period | 9904 | -€17,784 | -€6,869 | +€10,915 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,784 | -€6,869 | +€10,915 | +61.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.