ESSEVVU: 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.
ESSEVVU
Largest movements
- Cash +€9,642
up €9,642 (+94.1%), from €10,245 to €19,887
mainly Tax, wage and social debts (+€10,615) and Trade debts (+€9,398)
- Tangible fixed assets +€6,360
up €6,360 (+42.0%), from €15,124 to €21,484
of which Other tangible fixed assets: +€6,035
- Receivables within one year +€2,938
up €2,938 (+31.0%), from €9,489 to €12,428
of which Other amounts receivable: +€5,142
- Deferred charges and accrued income +€2,246
new in 2025: €2,246
- Tax, wage and social debts +€10,615
up €10,615 (+59.8%), from €17,743 to €28,357
of which Taxes: +€11,725
- Trade debts +€9,398
up €9,398 (+1,033%), from €910 to €10,308
- Current portion of long-term debt +€7,648
up €7,648 (+121%), from €6,339 to €13,987
- Reserves -€3,198
down €3,198 (-19.2%), from €16,691 to €13,492
- Debts after one year -€1,927
down €1,927 (-10.9%), from €17,619 to €15,692
- Gross operating margin -€42,745
down €42,745 (-42.8%), from €99,947 to €57,202
- Staff costs -€26,709
down €26,709 (-37.2%), from €71,784 to €45,074
- Taxes -€3,841
down €3,841 (-78.3%), from €4,904 to €1,063
- Financial charges +€2,462
up €2,462 (+105%), from €2,334 to €4,797
- Other operating charges -€2,189
down €2,189 (-66.0%), from €3,318 to €1,129
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 | €63,997 | €84,836 | +€20,839 | +32.6% |
| Fixed assets | 21/28 | €33,124 | €39,484 | +€6,360 | +19.2% |
| Tangible fixed assets | 22/27 | €15,124 | €21,484 | +€6,360 | +42.0% |
| Plant, machinery and equipment | 23 | €9,397 | €9,722 | +€325 | +3.5% |
| Other tangible fixed assets | 26 | €5,727 | €11,762 | +€6,035 | +105% |
| Financial fixed assets | 28 | €18,000 | €18,000 | = | 0.0% |
| Current assets | 29/58 | €30,873 | €45,353 | +€14,479 | +46.9% |
| Stocks and contracts in progress | 3 | €11,139 | €10,792 | -€347 | -3.1% |
| Stocks | 30/36 | €11,139 | €10,792 | -€347 | -3.1% |
| Amounts receivable within one year | 40/41 | €9,489 | €12,428 | +€2,938 | +31.0% |
| Trade receivables | 40 | €9,489 | €7,285 | -€2,204 | -23.2% |
| Other amounts receivable | 41 | - | €5,142 | +€5,142 | |
| Cash at bank and in hand | 54/58 | €10,245 | €19,887 | +€9,642 | +94.1% |
| Deferred charges and accrued income | 490/1 | - | €2,246 | +€2,246 | |
| Total equity and liabilities | 10/49 | €63,997 | €84,836 | +€20,839 | +32.6% |
| Equity | 10/15 | €19,691 | €16,492 | -€3,198 | -16.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,691 | €13,492 | -€3,198 | -19.2% |
| Distributable reserves | 133 | €16,691 | €13,492 | -€3,198 | -19.2% |
| Amounts payable | 17/49 | €44,307 | €68,344 | +€24,037 | +54.3% |
| Amounts payable after more than one year | 17 | €17,619 | €15,692 | -€1,927 | -10.9% |
| Financial debts | 170/4 | €17,619 | €15,692 | -€1,927 | -10.9% |
| Amounts payable within one year | 42/48 | €26,687 | €52,652 | +€25,964 | +97.3% |
| Current portion of amounts payable after more than one year | 42 | €6,339 | €13,987 | +€7,648 | +121% |
| Trade debts | 44 | €910 | €10,308 | +€9,398 | +1,033% |
| Suppliers | 440/4 | €910 | €10,308 | +€9,398 | +1,033% |
| Taxes, remuneration and social security | 45 | €17,743 | €28,357 | +€10,615 | +59.8% |
| Taxes | 450/3 | €12,966 | €24,692 | +€11,725 | +90.4% |
| Remuneration and social security | 454/9 | €4,776 | €3,666 | -€1,110 | -23.2% |
| Other amounts payable | 47/48 | €1,696 | - | -€1,696 | |
| Remuneration, social security and pensions | 62 | €71,784 | €45,074 | -€26,709 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,457 | €3,530 | +€1,073 | +43.7% |
| Other operating charges | 640/8 | €3,318 | €1,129 | -€2,189 | -66.0% |
| Non-recurring operating charges | 66A | - | €5,000 | +€5,000 | |
| Gross operating margin | 9900 | €99,947 | €57,202 | -€42,745 | -42.8% |
| Operating profit (loss) | 9901 | €22,388 | €2,468 | -€19,920 | -89.0% |
| Financial income | 75/76B | €40 | €193 | +€153 | +378% |
| Recurring financial income | 75 | €40 | €193 | +€153 | +378% |
| Financial charges | 65/66B | €2,334 | €4,797 | +€2,462 | +105% |
| Recurring financial charges | 65 | €2,334 | €4,797 | +€2,462 | +105% |
| Profit (loss) for the period before taxes | 9903 | €20,094 | -€2,135 | -€22,229 | |
| Income taxes | 67/77 | €4,904 | €1,063 | -€3,841 | -78.3% |
| Profit (loss) for the period | 9904 | €15,190 | -€3,198 | -€18,388 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,190 | -€3,198 | -€18,388 |
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 31 October 2026 via checked.be.