ESSINTRA: what changed
Two fiscal 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.
ESSINTRA
Largest movements
- Cash -€77,545
down €77,545 (-24.4%), from €317,253 to €239,708
mainly Net result for the year (-€79,099) and Tax, wage and social debts (-€10,296)
- Tangible fixed assets -€12,492
down €12,492 (-39.3%), from €31,810 to €19,318
of which Furniture and vehicles: -€11,369
- Receivables within one year -€10,729
down €10,729 (-66.6%), from €16,099 to €5,369
of which Trade receivables: -€10,677
- Profit (loss) carried forward -€79,099
down €79,099 (-61.4%), from €128,747 to €49,648
- Tax, wage and social debts -€10,296
down €10,296 (-87.6%), from €11,755 to €1,459
of which Taxes: -€10,546
- Debts after one year -€5,930
no longer reported in 2024 (was €5,930)
- Gross operating margin -€131,422
down €131,422, from €64,755 to -€66,666
- Taxes -€15,156
down €15,156 (-99.0%), from €15,314 to €158
- Depreciation +€675
up €675 (+5.7%), from €11,817 to €12,492
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,867 | €359,447 | -€100,421 | -21.8% |
| Fixed assets | 21/28 | €31,810 | €19,318 | -€12,492 | -39.3% |
| Tangible fixed assets | 22/27 | €31,810 | €19,318 | -€12,492 | -39.3% |
| Plant, machinery and equipment | 23 | €3,309 | €2,186 | -€1,123 | -33.9% |
| Furniture and vehicles | 24 | €28,500 | €17,131 | -€11,369 | -39.9% |
| Current assets | 29/58 | €428,057 | €340,129 | -€87,929 | -20.5% |
| Stocks and contracts in progress | 3 | - | €573 | +€573 | |
| Stocks | 30/36 | - | €573 | +€573 | |
| Amounts receivable within one year | 40/41 | €16,099 | €5,369 | -€10,729 | -66.6% |
| Trade receivables | 40 | €13,656 | €2,979 | -€10,677 | -78.2% |
| Other amounts receivable | 41 | €2,443 | €2,391 | -€52 | -2.1% |
| Current investments | 50/53 | €94,101 | €94,101 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €317,253 | €239,708 | -€77,545 | -24.4% |
| Deferred charges and accrued income | 490/1 | €605 | €378 | -€227 | -37.5% |
| Total equity and liabilities | 10/49 | €459,867 | €359,447 | -€100,421 | -21.8% |
| Equity | 10/15 | €399,424 | €320,324 | -€79,099 | -19.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €264,476 | €264,476 | = | 0.0% |
| 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 | €262,616 | €262,616 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,747 | €49,648 | -€79,099 | -61.4% |
| Amounts payable | 17/49 | €60,444 | €39,122 | -€21,321 | -35.3% |
| Amounts payable after more than one year | 17 | €5,930 | - | -€5,930 | |
| Financial debts | 170/4 | €5,930 | - | -€5,930 | |
| Amounts payable within one year | 42/48 | €54,514 | €38,869 | -€15,645 | -28.7% |
| Current portion of amounts payable after more than one year | 42 | €10,088 | €5,930 | -€4,158 | -41.2% |
| Trade debts | 44 | €1,783 | €123 | -€1,659 | -93.1% |
| Suppliers | 440/4 | €1,783 | €123 | -€1,659 | -93.1% |
| Taxes, remuneration and social security | 45 | €11,755 | €1,459 | -€10,296 | -87.6% |
| Taxes | 450/3 | €11,755 | €1,209 | -€10,546 | -89.7% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €30,889 | €31,357 | +€468 | +1.5% |
| Accrued charges and deferred income | 492/3 | - | €253 | +€253 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,817 | €12,492 | +€675 | +5.7% |
| Other operating charges | 640/8 | €715 | €733 | +€18 | +2.5% |
| Gross operating margin | 9900 | €64,755 | -€66,666 | -€131,422 | |
| Operating profit (loss) | 9901 | €52,224 | -€79,891 | -€132,115 | |
| Financial income | 75/76B | €1,075 | €1,292 | +€217 | +20.2% |
| Recurring financial income | 75 | €1,075 | €1,292 | +€217 | +20.2% |
| Financial charges | 65/66B | €419 | €342 | -€77 | -18.3% |
| Recurring financial charges | 65 | €419 | €342 | -€77 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €52,880 | -€78,941 | -€131,821 | |
| Income taxes | 67/77 | €15,314 | €158 | -€15,156 | -99.0% |
| Profit (loss) for the period | 9904 | €37,566 | -€79,099 | -€116,665 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,566 | -€79,099 | -€116,665 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.