Esstec: 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.
Esstec
Largest movements
- Cash +€161,758
up €161,758 (+20.0%), from €807,388 to €969,146
mainly Net result for the year (+€2.5m) and Other debts (+€735,798)
- Other debts +€735,798
up €735,798 (+2,618%), from €28,104 to €763,902
- Profit (loss) carried forward -€584,065
down €584,065 (-42.6%), from €1.4m to €785,986
- Financial income +€2.3m
up €2.3m (+143,845%), from €1,586 to €2.3m
- Gross operating margin +€11,376
up €11,376 (+3.7%), from €308,631 to €320,007
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 | €1,452,011 | €1,606,086 | +€154,075 | +10.6% |
| Fixed assets | 21/28 | €639,880 | €632,950 | -€6,930 | -1.1% |
| Tangible fixed assets | 22/27 | €9,880 | €2,950 | -€6,930 | -70.1% |
| Plant, machinery and equipment | 23 | €1,533 | €636 | -€897 | -58.5% |
| Other tangible fixed assets | 26 | €8,347 | €2,314 | -€6,033 | -72.3% |
| Financial fixed assets | 28 | €630,000 | €630,000 | = | 0.0% |
| Current assets | 29/58 | €812,131 | €973,136 | +€161,005 | +19.8% |
| Amounts receivable within one year | 40/41 | €396 | €396 | = | 0.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €396 | €396 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €807,388 | €969,146 | +€161,758 | +20.0% |
| Deferred charges and accrued income | 490/1 | €4,347 | €3,594 | -€753 | -17.3% |
| Total equity and liabilities | 10/49 | €1,452,011 | €1,606,086 | +€154,075 | +10.6% |
| Equity | 10/15 | €1,390,511 | €806,446 | -€584,065 | -42.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,370,051 | €785,986 | -€584,065 | -42.6% |
| Amounts payable | 17/49 | €61,500 | €799,640 | +€738,140 | +1,200% |
| Amounts payable within one year | 42/48 | €58,380 | €794,319 | +€735,939 | +1,261% |
| Trade debts | 44 | €4,046 | €6,395 | +€2,349 | +58.1% |
| Suppliers | 440/4 | €4,046 | €6,395 | +€2,349 | +58.1% |
| Taxes, remuneration and social security | 45 | €26,230 | €24,022 | -€2,208 | -8.4% |
| Taxes | 450/3 | €26,230 | €24,022 | -€2,208 | -8.4% |
| Other amounts payable | 47/48 | €28,104 | €763,902 | +€735,798 | +2,618% |
| Accrued charges and deferred income | 492/3 | €3,120 | €5,321 | +€2,201 | +70.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,930 | €6,930 | = | 0.0% |
| Other operating charges | 640/8 | €3,880 | €3,900 | +€20 | +0.5% |
| Gross operating margin | 9900 | €308,631 | €320,007 | +€11,376 | +3.7% |
| Operating profit (loss) | 9901 | €297,821 | €309,177 | +€11,355 | +3.8% |
| Financial income | 75/76B | €1,586 | €2,282,362 | +€2.3m | +143,845% |
| Recurring financial income | 75 | €1,586 | €2,282,362 | +€2.3m | +143,845% |
| Financial charges | 65/66B | €3,410 | €1,646 | -€1,764 | -51.7% |
| Recurring financial charges | 65 | €3,410 | €1,646 | -€1,764 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €295,997 | €2,589,893 | +€2.3m | +775% |
| Income taxes | 67/77 | €75,095 | €73,959 | -€1,136 | -1.5% |
| Profit (loss) for the period | 9904 | €220,902 | €2,515,935 | +€2.3m | +1,039% |
| Profit (loss) for the period to be appropriated | 9905 | €220,902 | €2,515,935 | +€2.3m | +1,039% |
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 19 October 2026 via checked.be.