ESSENTIONS: 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.
ESSENTIONS
Largest movements
- Cash +€40,819
up €40,819 (+10.6%), from €386,672 to €427,492
mainly Net result for the year (+€57,308) and Depreciation (+€32,462)
- Receivables within one year -€16,764
down €16,764 (-19.8%), from €84,777 to €68,013
of which Trade receivables: -€10,206
- Reserves +€57,308
up €57,308 (+7.4%), from €769,533 to €826,841
of which Distributable reserves: +€57,308
- Tax, wage and social debts -€29,233
down €29,233 (-99.3%), from €29,442 to €210
of which Taxes: -€28,338
- Gross operating margin -€267,209
down €267,209 (-67.9%), from €393,318 to €126,109
- Taxes -€33,912
down €33,912 (-53.2%), from €63,762 to €29,850
- Depreciation +€4,705
up €4,705 (+17.0%), from €27,757 to €32,462
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 | €1,063,592 | €1,087,518 | +€23,926 | +2.2% |
| Fixed assets | 21/28 | €585,222 | €584,360 | -€862 | -0.1% |
| Tangible fixed assets | 22/27 | €584,859 | €583,997 | -€862 | -0.1% |
| Land and buildings | 22 | €570,612 | €546,557 | -€24,055 | -4.2% |
| Furniture and vehicles | 24 | €2,648 | €28,409 | +€25,761 | +973% |
| Other tangible fixed assets | 26 | €11,598 | €9,030 | -€2,568 | -22.1% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €478,371 | €503,159 | +€24,788 | +5.2% |
| Amounts receivable after more than one year | 29 | €2,500 | €2,500 | = | 0.0% |
| Other amounts receivable | 291 | €2,500 | €2,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €84,777 | €68,013 | -€16,764 | -19.8% |
| Trade receivables | 40 | €42,927 | €32,721 | -€10,206 | -23.8% |
| Other amounts receivable | 41 | €41,850 | €35,292 | -€6,558 | -15.7% |
| Cash at bank and in hand | 54/58 | €386,672 | €427,492 | +€40,819 | +10.6% |
| Deferred charges and accrued income | 490/1 | €4,422 | €5,154 | +€732 | +16.6% |
| Total equity and liabilities | 10/49 | €1,063,592 | €1,087,518 | +€23,926 | +2.2% |
| Equity | 10/15 | €966,058 | €1,023,367 | +€57,308 | +5.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €769,533 | €826,841 | +€57,308 | +7.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €767,673 | €824,981 | +€57,308 | +7.5% |
| Profit (loss) carried forward | 14 | €184,126 | €184,126 | = | 0.0% |
| Amounts payable | 17/49 | €97,534 | €64,152 | -€33,382 | -34.2% |
| Amounts payable after more than one year | 17 | €16,722 | €16,722 | = | 0.0% |
| Other amounts payable | 178/9 | €16,722 | €16,722 | = | 0.0% |
| Amounts payable within one year | 42/48 | €32,812 | €8,430 | -€24,382 | -74.3% |
| Trade debts | 44 | €3,352 | €8,202 | +€4,850 | +145% |
| Suppliers | 440/4 | €3,352 | €8,202 | +€4,850 | +145% |
| Taxes, remuneration and social security | 45 | €29,442 | €210 | -€29,233 | -99.3% |
| Taxes | 450/3 | €28,548 | €210 | -€28,338 | -99.3% |
| Remuneration and social security | 454/9 | €895 | €0 | -€895 | -100% |
| Other amounts payable | 47/48 | €18 | €18 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €48,000 | €39,000 | -€9,000 | -18.8% |
| Non-recurring operating income | 76A | €215,596 | €0 | -€215,596 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,757 | €32,462 | +€4,705 | +17.0% |
| Other operating charges | 640/8 | €8,077 | €7,755 | -€321 | -4.0% |
| Gross operating margin | 9900 | €393,318 | €126,109 | -€267,209 | -67.9% |
| Operating profit (loss) | 9901 | €357,485 | €85,892 | -€271,593 | -76.0% |
| Financial income | 75/76B | €992 | €1,560 | +€567 | +57.2% |
| Recurring financial income | 75 | €992 | €1,560 | +€567 | +57.2% |
| Financial charges | 65/66B | €347 | €293 | -€54 | -15.4% |
| Recurring financial charges | 65 | €347 | €293 | -€54 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €358,131 | €87,159 | -€270,972 | -75.7% |
| Income taxes | 67/77 | €63,762 | €29,850 | -€33,912 | -53.2% |
| Profit (loss) for the period | 9904 | €294,369 | €57,308 | -€237,060 | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €294,369 | €57,308 | -€237,060 | -80.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.