ESSTRAGON: 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.
ESSTRAGON
Largest movements
- Tangible fixed assets +€41,565
up €41,565 (+14.0%), from €297,599 to €339,164
of which Leasing and similar rights: +€83,931
- Cash -€24,454
down €24,454 (-51.0%), from €47,943 to €23,489
mainly Investment in fixed assets (net) (-€103,846) and Net result for the year (-€73,233)
- Deferred charges and accrued income +€5,292
up €5,292 (+39.9%), from €13,252 to €18,543
- Intangible fixed assets +€4,767
up €4,767, from €0 to €4,767
- Profit (loss) carried forward -€73,233
down €73,233, from €67,973 to -€5,260
- Debts after one year +€71,895
up €71,895 (+54.4%), from €132,110 to €204,004
- Trade debts -€20,201
down €20,201 (-45.2%), from €44,654 to €24,453
- Current portion of long-term debt +€19,532
up €19,532 (+44.3%), from €44,045 to €63,577
- Tax, wage and social debts +€18,855
up €18,855 (+49.2%), from €38,357 to €57,212
of which Remuneration and social security: +€10,859
- Gross operating margin -€57,132
down €57,132 (-11.4%), from €500,661 to €443,529
- Depreciation +€18,512
up €18,512 (+47.5%), from €39,002 to €57,514
- Financial income +€11,265
up €11,265 (+1742.0%), from €647 to €11,911
- Staff costs +€6,092
up €6,092 (+1.4%), from €444,394 to €450,486
- Financial charges +€5,676
up €5,676 (+67.2%), from €8,443 to €14,119
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 | €393,483 | €422,560 | +€29,077 | +7.4% |
| Fixed assets | 21/28 | €297,719 | €344,051 | +€46,332 | +15.6% |
| Intangible fixed assets | 21 | €0 | €4,767 | +€4,767 | |
| Tangible fixed assets | 22/27 | €297,599 | €339,164 | +€41,565 | +14.0% |
| Land and buildings | 22 | €145,195 | €127,071 | -€18,124 | -12.5% |
| Plant, machinery and equipment | 23 | €85,857 | €74,499 | -€11,358 | -13.2% |
| Furniture and vehicles | 24 | €66,547 | €53,663 | -€12,884 | -19.4% |
| Leasing and similar rights | 25 | €0 | €83,931 | +€83,931 | +419653950.0% |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €95,764 | €78,509 | -€17,256 | -18.0% |
| Stocks and contracts in progress | 3 | €1,450 | €1,321 | -€129 | -8.9% |
| Stocks | 30/36 | €1,450 | €1,321 | -€129 | -8.9% |
| Amounts receivable within one year | 40/41 | €33,120 | €35,156 | +€2,036 | +6.1% |
| Trade receivables | 40 | €17,595 | €29,293 | +€11,698 | +66.5% |
| Other amounts receivable | 41 | €15,524 | €5,862 | -€9,662 | -62.2% |
| Cash at bank and in hand | 54/58 | €47,943 | €23,489 | -€24,454 | -51.0% |
| Deferred charges and accrued income | 490/1 | €13,252 | €18,543 | +€5,292 | +39.9% |
| Total equity and liabilities | 10/49 | €393,483 | €422,560 | +€29,077 | +7.4% |
| Equity | 10/15 | €134,318 | €61,085 | -€73,233 | -54.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €53,945 | €53,945 | = | 0.0% |
| Tax-exempt reserves | 132 | €50,297 | €50,297 | = | 0.0% |
| Distributable reserves | 133 | €3,648 | €3,648 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,973 | -€5,260 | -€73,233 | |
| Amounts payable | 17/49 | €259,165 | €361,475 | +€102,310 | +39.5% |
| Amounts payable after more than one year | 17 | €132,110 | €204,004 | +€71,895 | +54.4% |
| Financial debts | 170/4 | €132,110 | €204,004 | +€71,895 | +54.4% |
| Amounts payable within one year | 42/48 | €127,056 | €157,471 | +€30,415 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €44,045 | €63,577 | +€19,532 | +44.3% |
| Financial debts | 43 | - | €8,777 | +€8,777 | |
| Credit institutions | 430/8 | - | €8,777 | +€8,777 | |
| Trade debts | 44 | €44,654 | €24,453 | -€20,201 | -45.2% |
| Suppliers | 440/4 | €44,654 | €24,453 | -€20,201 | -45.2% |
| Taxes, remuneration and social security | 45 | €38,357 | €57,212 | +€18,855 | +49.2% |
| Taxes | 450/3 | €2,173 | €10,170 | +€7,997 | +367.9% |
| Remuneration and social security | 454/9 | €36,183 | €47,042 | +€10,859 | +30.0% |
| Other amounts payable | 47/48 | - | €3,451 | +€3,451 | |
| Non-recurring operating income | 76A | - | €25,294 | +€25,294 | |
| Remuneration, social security and pensions | 62 | €444,394 | €450,486 | +€6,092 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,002 | €57,514 | +€18,512 | +47.5% |
| Other operating charges | 640/8 | €9,122 | €6,003 | -€3,119 | -34.2% |
| Gross operating margin | 9900 | €500,661 | €443,529 | -€57,132 | -11.4% |
| Operating profit (loss) | 9901 | €8,143 | -€70,473 | -€78,616 | |
| Financial income | 75/76B | €647 | €11,911 | +€11,265 | +1742.0% |
| Recurring financial income | 75 | €647 | €11,911 | +€11,265 | +1742.0% |
| Financial charges | 65/66B | €8,443 | €14,119 | +€5,676 | +67.2% |
| Recurring financial charges | 65 | €8,443 | €14,119 | +€5,676 | +67.2% |
| Profit (loss) for the period before taxes | 9903 | €347 | -€72,681 | -€73,028 | |
| Income taxes | 67/77 | €815 | €552 | -€263 | -32.2% |
| Profit (loss) for the period | 9904 | -€468 | -€73,233 | -€72,765 | -15555.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€468 | -€73,233 | -€72,765 | -15555.1% |
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 8 October 2026 via checked.be.