ESSENTIS: what changed
ESSENTIS
Largest movements
- Receivables within one year +€34,328
up €34,328 (+21.5%), from €159,817 to €194,145
of which Other amounts receivable: +€22,082
- Tangible fixed assets -€24,568
down €24,568 (-17.1%), from €143,500 to €118,932
of which Land and buildings: -€31,695
- Cash +€23,719
up €23,719 (+76,662%), from €31 to €23,750
mainly Depreciation (+€33,666) and Net result for the year (+€23,241)
- Current investments -€23,082
down €23,082 (-100%), from €23,082 to €0
- Deferred charges and accrued income +€5,768
up €5,768 (+362%), from €1,594 to €7,363
- Debts after one year -€27,598
down €27,598 (-16.2%), from €170,072 to €142,474
- Reserves +€23,241
up €23,241 (+31.9%), from €72,863 to €96,104
of which Distributable reserves: +€23,241
- Current portion of long-term debt +€7,459
up €7,459 (+11.5%), from €64,978 to €72,437
- Tax, wage and social debts +€7,401
up €7,401 (+88.7%), from €8,344 to €15,745
- Gross operating margin +€39,969
up €39,969 (+111%), from €36,116 to €76,084
- Taxes +€9,235
up €9,235 (+1,280%), from €722 to €9,956
- Financial charges +€5,484
up €5,484 (+44.2%), from €12,416 to €17,900
of which Financial charges: +€5,484
- Financial income +€1,369
up €1,369 (+11.4%), from €11,960 to €13,329
- Other operating charges +€880
up €880 (+23.3%), from €3,770 to €4,650
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €454,275 | €470,440 | +€16,165 | +3.6% |
| Fixed assets | 21/28 | €143,748 | €119,180 | -€24,568 | -17.1% |
| Tangible fixed assets | 22/27 | €143,500 | €118,932 | -€24,568 | -17.1% |
| Land and buildings | 22 | €142,597 | €110,902 | -€31,695 | -22.2% |
| Plant, machinery and equipment | 23 | €902 | €0 | -€902 | -100% |
| Furniture and vehicles | 24 | - | €8,029 | +€8,029 | |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €310,528 | €351,261 | +€40,733 | +13.1% |
| Amounts receivable after more than one year | 29 | €126,004 | €126,004 | = | 0.0% |
| Other amounts receivable | 291 | €126,004 | €126,004 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €159,817 | €194,145 | +€34,328 | +21.5% |
| Trade receivables | 40 | €35,916 | €48,161 | +€12,245 | +34.1% |
| Other amounts receivable | 41 | €123,901 | €145,984 | +€22,082 | +17.8% |
| Current investments | 50/53 | €23,082 | €0 | -€23,082 | -100% |
| Cash at bank and in hand | 54/58 | €31 | €23,750 | +€23,719 | +76,662% |
| Deferred charges and accrued income | 490/1 | €1,594 | €7,363 | +€5,768 | +362% |
| Total equity and liabilities | 10/49 | €454,275 | €470,440 | +€16,165 | +3.6% |
| Equity | 10/15 | €191,041 | €214,282 | +€23,241 | +12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €72,863 | €96,104 | +€23,241 | +31.9% |
| 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 | €71,003 | €94,244 | +€23,241 | +32.7% |
| Profit (loss) carried forward | 14 | €99,578 | €99,578 | = | 0.0% |
| Amounts payable | 17/49 | €263,235 | €256,159 | -€7,076 | -2.7% |
| Amounts payable after more than one year | 17 | €170,072 | €142,474 | -€27,598 | -16.2% |
| Financial debts | 170/4 | €170,072 | €142,474 | -€27,598 | -16.2% |
| Amounts payable within one year | 42/48 | €91,768 | €111,290 | +€19,522 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €64,978 | €72,437 | +€7,459 | +11.5% |
| Trade debts | 44 | €18,447 | €22,909 | +€4,462 | +24.2% |
| Suppliers | 440/4 | €18,447 | €22,909 | +€4,462 | +24.2% |
| Taxes, remuneration and social security | 45 | €8,344 | €15,745 | +€7,401 | +88.7% |
| Taxes | 450/3 | €8,344 | €15,745 | +€7,401 | +88.7% |
| Other amounts payable | 47/48 | - | €200 | +€200 | |
| Accrued charges and deferred income | 492/3 | €1,395 | €2,395 | +€1,000 | +71.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,899 | €33,666 | -€234 | -0.7% |
| Other operating charges | 640/8 | €3,770 | €4,650 | +€880 | +23.3% |
| Gross operating margin | 9900 | €36,116 | €76,084 | +€39,969 | +111% |
| Operating profit (loss) | 9901 | -€1,554 | €37,769 | +€39,323 | |
| Financial income | 75/76B | €11,960 | €13,329 | +€1,369 | +11.4% |
| Recurring financial income | 75 | €11,960 | €13,329 | +€1,369 | +11.4% |
| Financial charges | 65/66B | €12,416 | €17,900 | +€5,484 | +44.2% |
| Recurring financial charges | 65 | €12,416 | €17,900 | +€5,484 | +44.2% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | -€2,010 | €33,197 | +€35,207 | |
| Income taxes | 67/77 | €722 | €9,956 | +€9,235 | +1,280% |
| Profit (loss) for the period | 9904 | -€2,731 | €23,241 | +€25,972 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,731 | €23,241 | +€25,972 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.