ESSENTIAL HR: 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.
ESSENTIAL HR
Largest movements
- Cash -€19,020
down €19,020 (-48.7%), from €39,049 to €20,028
mainly Contributions, distributions and other (-€150,000) and Debts after one year (-€15,530)
- Intangible fixed assets -€18,750
down €18,750 (-21.1%), from €89,024 to €70,274
- Receivables within one year -€6,837
down €6,837 (-26.1%), from €26,204 to €19,367
of which Trade receivables: -€8,015
- Tangible fixed assets -€6,015
down €6,015 (-37.4%), from €16,071 to €10,057
- Profit (loss) carried forward -€106,899
down €106,899 (-94.6%), from €113,043 to €6,144
- Other debts +€73,782
up €73,782 (+107946.7%), from €68 to €73,850
- Debts after one year -€15,530
down €15,530 (-48.5%), from €32,047 to €16,517
- Gross operating margin +€25,974
up €25,974 (+43.2%), from €60,182 to €86,157
- Taxes +€8,366
up €8,366 (+109.8%), from €7,617 to €15,982
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 | €171,541 | €121,436 | -€50,104 | -29.2% |
| Fixed assets | 21/28 | €105,095 | €80,330 | -€24,765 | -23.6% |
| Intangible fixed assets | 21 | €89,024 | €70,274 | -€18,750 | -21.1% |
| Tangible fixed assets | 22/27 | €16,071 | €10,057 | -€6,015 | -37.4% |
| Furniture and vehicles | 24 | €16,071 | €10,057 | -€6,015 | -37.4% |
| Current assets | 29/58 | €66,446 | €41,106 | -€25,340 | -38.1% |
| Amounts receivable within one year | 40/41 | €26,204 | €19,367 | -€6,837 | -26.1% |
| Trade receivables | 40 | €25,865 | €17,849 | -€8,015 | -31.0% |
| Other amounts receivable | 41 | €340 | €1,518 | +€1,178 | +346.9% |
| Cash at bank and in hand | 54/58 | €39,049 | €20,028 | -€19,020 | -48.7% |
| Deferred charges and accrued income | 490/1 | €1,193 | €1,711 | +€518 | +43.4% |
| Total equity and liabilities | 10/49 | €171,541 | €121,436 | -€50,104 | -29.2% |
| Equity | 10/15 | €116,043 | €9,144 | -€106,899 | -92.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113,043 | €6,144 | -€106,899 | -94.6% |
| Amounts payable | 17/49 | €55,497 | €112,292 | +€56,795 | +102.3% |
| Amounts payable after more than one year | 17 | €32,047 | €16,517 | -€15,530 | -48.5% |
| Financial debts | 170/4 | €32,047 | €16,517 | -€15,530 | -48.5% |
| Amounts payable within one year | 42/48 | €23,450 | €95,775 | +€72,326 | +308.4% |
| Current portion of amounts payable after more than one year | 42 | €15,044 | €15,530 | +€487 | +3.2% |
| Trade debts | 44 | €721 | €287 | -€434 | -60.2% |
| Suppliers | 440/4 | €721 | €287 | -€434 | -60.2% |
| Taxes, remuneration and social security | 45 | €7,617 | €6,108 | -€1,509 | -19.8% |
| Taxes | 450/3 | €7,617 | €6,108 | -€1,509 | -19.8% |
| Other amounts payable | 47/48 | €68 | €73,850 | +€73,782 | +107946.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,821 | €24,765 | -€56 | -0.2% |
| Other operating charges | 640/8 | €819 | €904 | +€85 | +10.4% |
| Gross operating margin | 9900 | €60,182 | €86,157 | +€25,974 | +43.2% |
| Operating profit (loss) | 9901 | €34,542 | €60,488 | +€25,946 | +75.1% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,874 | €1,408 | -€466 | -24.9% |
| Recurring financial charges | 65 | €1,874 | €1,408 | -€466 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €32,668 | €59,083 | +€26,415 | +80.9% |
| Income taxes | 67/77 | €7,617 | €15,982 | +€8,366 | +109.8% |
| Profit (loss) for the period | 9904 | €25,051 | €43,101 | +€18,050 | +72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,051 | €43,101 | +€18,050 | +72.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.