Essentialys: 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.
Essentialys
Largest movements
- Receivables after one year +€200,000
new in 2025: €200,000
- Cash -€176,615
down €176,615 (-73.6%), from €239,954 to €63,339
mainly Receivables after one year (-€200,000) and Receivables within one year (-€52,983)
- Receivables within one year +€52,983
up €52,983 (+135.2%), from €39,175 to €92,158
of which Trade receivables: +€46,511
- Intangible fixed assets -€43,157
down €43,157 (-62.5%), from €69,074 to €25,917
- Tangible fixed assets +€11,710
up €11,710 (+38.0%), from €30,815 to €42,525
- Reserves +€86,080
up €86,080 (+29.6%), from €290,861 to €376,942
- Debts after one year -€25,062
down €25,062 (-51.1%), from €49,060 to €23,998
- Trade debts +€23,005
new in 2025: €23,005
- Tax, wage and social debts -€14,862
down €14,862 (-52.8%), from €28,129 to €13,267
of which Taxes: -€18,901
- Current portion of long-term debt -€13,178
down €13,178 (-33.1%), from €39,836 to €26,658
- Financial charges -€14,816
down €14,816 (-79.0%), from €18,763 to €3,947
- Taxes +€9,343
up €9,343 (+48.0%), from €19,482 to €28,825
- Financial income +€9,226
up €9,226 (+1318048.6%), from €1 to €9,227
- Gross operating margin +€5,831
up €5,831 (+2.9%), from €204,022 to €209,854
- Depreciation +€3,754
up €3,754 (+7.4%), from €50,438 to €54,192
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 | €413,637 | €468,870 | +€55,233 | +13.4% |
| Fixed assets | 21/28 | €103,338 | €71,891 | -€31,447 | -30.4% |
| Intangible fixed assets | 21 | €69,074 | €25,917 | -€43,157 | -62.5% |
| Tangible fixed assets | 22/27 | €30,815 | €42,525 | +€11,710 | +38.0% |
| Furniture and vehicles | 24 | €30,815 | €42,525 | +€11,710 | +38.0% |
| Financial fixed assets | 28 | €3,449 | €3,449 | = | 0.0% |
| Current assets | 29/58 | €310,300 | €396,980 | +€86,680 | +27.9% |
| Amounts receivable after more than one year | 29 | - | €200,000 | +€200,000 | |
| Other amounts receivable | 291 | - | €200,000 | +€200,000 | |
| Stocks and contracts in progress | 3 | €28,990 | €40,237 | +€11,246 | +38.8% |
| Stocks | 30/36 | €28,990 | €40,237 | +€11,246 | +38.8% |
| Amounts receivable within one year | 40/41 | €39,175 | €92,158 | +€52,983 | +135.2% |
| Trade receivables | 40 | €36,656 | €83,167 | +€46,511 | +126.9% |
| Other amounts receivable | 41 | €2,518 | €8,990 | +€6,472 | +257.0% |
| Cash at bank and in hand | 54/58 | €239,954 | €63,339 | -€176,615 | -73.6% |
| Deferred charges and accrued income | 490/1 | €2,180 | €1,246 | -€934 | -42.8% |
| Total equity and liabilities | 10/49 | €413,637 | €468,870 | +€55,233 | +13.4% |
| Equity | 10/15 | €295,861 | €381,942 | +€86,080 | +29.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €290,861 | €376,942 | +€86,080 | +29.6% |
| Distributable reserves | 133 | €290,861 | €376,942 | +€86,080 | +29.6% |
| Amounts payable | 17/49 | €117,776 | €86,929 | -€30,847 | -26.2% |
| Amounts payable after more than one year | 17 | €49,060 | €23,998 | -€25,062 | -51.1% |
| Financial debts | 170/4 | €49,060 | €23,998 | -€25,062 | -51.1% |
| Amounts payable within one year | 42/48 | €68,716 | €62,931 | -€5,786 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €39,836 | €26,658 | -€13,178 | -33.1% |
| Trade debts | 44 | - | €23,005 | +€23,005 | |
| Suppliers | 440/4 | - | €23,005 | +€23,005 | |
| Taxes, remuneration and social security | 45 | €28,129 | €13,267 | -€14,862 | -52.8% |
| Taxes | 450/3 | €22,348 | €3,447 | -€18,901 | -84.6% |
| Remuneration and social security | 454/9 | €5,781 | €9,821 | +€4,039 | +69.9% |
| Other amounts payable | 47/48 | €751 | - | -€751 | |
| Remuneration, social security and pensions | 62 | €48,652 | €45,369 | -€3,283 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,438 | €54,192 | +€3,754 | +7.4% |
| Other operating charges | 640/8 | €2,126 | €668 | -€1,458 | -68.6% |
| Gross operating margin | 9900 | €204,022 | €209,854 | +€5,831 | +2.9% |
| Operating profit (loss) | 9901 | €102,806 | €109,626 | +€6,819 | +6.6% |
| Financial income | 75/76B | €1 | €9,227 | +€9,226 | +1318048.6% |
| Recurring financial income | 75 | €1 | €9,227 | +€9,226 | +1318048.6% |
| Financial charges | 65/66B | €18,763 | €3,947 | -€14,816 | -79.0% |
| Recurring financial charges | 65 | €18,763 | €3,947 | -€14,816 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €84,044 | €114,905 | +€30,861 | +36.7% |
| Income taxes | 67/77 | €19,482 | €28,825 | +€9,343 | +48.0% |
| Profit (loss) for the period | 9904 | €64,562 | €86,080 | +€21,518 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,562 | €86,080 | +€21,518 | +33.3% |
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 11 October 2026 via checked.be.