Essential Service Group: 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.
Essential Service Group
Largest movements
- Cash +€51,119
up €51,119 (+19.8%), from €258,359 to €309,478
mainly Net result for the year (+€39,839) and Depreciation (+€34,421)
- Tangible fixed assets -€34,421
down €34,421 (-14.5%), from €238,007 to €203,587
of which Land and buildings: -€22,117
- Receivables within one year +€11,486
up €11,486 (+6,264%), from €183 to €11,669
of which Trade receivables: +€11,282
- Reserves +€29,019
up €29,019 (+25.7%), from €113,093 to €142,112
- Debts after one year -€17,678
down €17,678 (-11.4%), from €155,163 to €137,485
- Profit (loss) carried forward +€10,820
no longer reported in 2025 (was -€10,820)
- Tax, wage and social debts +€8,330
up €8,330 (+103%), from €8,098 to €16,429
- Gross operating margin +€15,540
up €15,540 (+18.8%), from €82,660 to €98,200
- Taxes +€14,623
up €14,623 (+9,174%), from €159 to €14,783
- Financial charges -€2,749
down €2,749 (-28.7%), from €9,577 to €6,827
- Other operating charges +€1,746
up €1,746 (+209%), from €837 to €2,583
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 | €525,710 | €551,015 | +€25,305 | +4.8% |
| Fixed assets | 21/28 | €238,655 | €204,234 | -€34,421 | -14.4% |
| Tangible fixed assets | 22/27 | €238,007 | €203,587 | -€34,421 | -14.5% |
| Land and buildings | 22 | €195,681 | €173,564 | -€22,117 | -11.3% |
| Plant, machinery and equipment | 23 | €7,520 | €4,761 | -€2,759 | -36.7% |
| Furniture and vehicles | 24 | €34,807 | €25,262 | -€9,545 | -27.4% |
| Financial fixed assets | 28 | €648 | €648 | = | 0.0% |
| Current assets | 29/58 | €287,055 | €346,781 | +€59,725 | +20.8% |
| Amounts receivable within one year | 40/41 | €183 | €11,669 | +€11,486 | +6,264% |
| Trade receivables | 40 | €183 | €11,465 | +€11,282 | +6,153% |
| Other amounts receivable | 41 | - | €203 | +€203 | |
| Current investments | 50/53 | €25,634 | €25,634 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €258,359 | €309,478 | +€51,119 | +19.8% |
| Deferred charges and accrued income | 490/1 | €2,879 | - | -€2,879 | |
| Total equity and liabilities | 10/49 | €525,710 | €551,015 | +€25,305 | +4.8% |
| Equity | 10/15 | €120,874 | €160,712 | +€39,839 | +33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €113,093 | €142,112 | +€29,019 | +25.7% |
| Distributable reserves | 133 | €113,093 | €142,112 | +€29,019 | +25.7% |
| Profit (loss) carried forward | 14 | -€10,820 | - | +€10,820 | |
| Amounts payable | 17/49 | €404,837 | €390,303 | -€14,534 | -3.6% |
| Amounts payable after more than one year | 17 | €155,163 | €137,485 | -€17,678 | -11.4% |
| Financial debts | 170/4 | €155,163 | €137,485 | -€17,678 | -11.4% |
| Amounts payable within one year | 42/48 | €249,674 | €252,818 | +€3,144 | +1.3% |
| Current portion of amounts payable after more than one year | 42 | €2,896 | €3,028 | +€132 | +4.6% |
| Trade debts | 44 | €5,221 | €3,346 | -€1,875 | -35.9% |
| Suppliers | 440/4 | €5,221 | €3,346 | -€1,875 | -35.9% |
| Taxes, remuneration and social security | 45 | €8,098 | €16,429 | +€8,330 | +103% |
| Taxes | 450/3 | €8,098 | €16,429 | +€8,330 | +103% |
| Other amounts payable | 47/48 | €233,459 | €230,015 | -€3,444 | -1.5% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,255 | €34,421 | +€166 | +0.5% |
| Other operating charges | 640/8 | €837 | €2,583 | +€1,746 | +209% |
| Gross operating margin | 9900 | €82,660 | €98,200 | +€15,540 | +18.8% |
| Operating profit (loss) | 9901 | €47,568 | €61,197 | +€13,629 | +28.7% |
| Financial income | 75/76B | €140 | €251 | +€111 | +79.3% |
| Recurring financial income | 75 | €140 | €251 | +€111 | +79.3% |
| Financial charges | 65/66B | €9,577 | €6,827 | -€2,749 | -28.7% |
| Recurring financial charges | 65 | €9,577 | €6,827 | -€2,749 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €38,132 | €54,621 | +€16,489 | +43.2% |
| Income taxes | 67/77 | €159 | €14,783 | +€14,623 | +9,174% |
| Profit (loss) for the period | 9904 | €37,972 | €39,839 | +€1,866 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €37,972 | €39,839 | +€1,866 | +4.9% |
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 29 October 2026 via checked.be.