ESURIO: 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.
ESURIO
Largest movements
- Tangible fixed assets -€14,830
down €14,830 (-14.4%), from €102,635 to €87,805
of which Other tangible fixed assets: -€8,795
- Deferred charges and accrued income -€4,920
down €4,920 (-51.6%), from €9,544 to €4,623
- Trade debts -€8,049
down €8,049 (-62.6%), from €12,855 to €4,806
- Tax, wage and social debts -€6,526
down €6,526 (-19.8%), from €32,930 to €26,404
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Short-term financial debts -€4,884
down €4,884 (-14.1%), from €34,515 to €29,632
- Current portion of long-term debt -€3,325
down €3,325 (-57.0%), from €5,835 to €2,510
- Gross operating margin +€12,580
up €12,580 (+91.0%), from €13,824 to €26,404
- Financial charges +€4,138
up €4,138 (+62.4%), from €6,628 to €10,766
- Other operating charges +€2,895
up €2,895 (+129%), from €2,237 to €5,133
- Depreciation -€1,947
down €1,947 (-10.7%), from €18,127 to €16,180
- Taxes +€957
up €957 (+72.5%), from €1,320 to €2,277
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 | €269,764 | €250,184 | -€19,580 | -7.3% |
| Fixed assets | 21/28 | €102,635 | €87,805 | -€14,830 | -14.4% |
| Tangible fixed assets | 22/27 | €102,635 | €87,805 | -€14,830 | -14.4% |
| Land and buildings | 22 | €27,658 | €24,158 | -€3,500 | -12.7% |
| Plant, machinery and equipment | 23 | €562 | €1,167 | +€605 | +108% |
| Furniture and vehicles | 24 | €3,777 | €637 | -€3,140 | -83.1% |
| Other tangible fixed assets | 26 | €70,638 | €61,844 | -€8,795 | -12.5% |
| Current assets | 29/58 | €167,129 | €162,380 | -€4,749 | -2.8% |
| Amounts receivable within one year | 40/41 | €157,001 | €157,407 | +€406 | +0.3% |
| Trade receivables | 40 | €33,086 | €6,823 | -€26,263 | -79.4% |
| Other amounts receivable | 41 | €123,915 | €150,584 | +€26,669 | +21.5% |
| Cash at bank and in hand | 54/58 | €585 | €350 | -€236 | -40.3% |
| Deferred charges and accrued income | 490/1 | €9,544 | €4,623 | -€4,920 | -51.6% |
| Total equity and liabilities | 10/49 | €269,764 | €250,184 | -€19,580 | -7.3% |
| Equity | 10/15 | €173,748 | €179,462 | +€5,714 | +3.3% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €161,348 | €160,862 | -€486 | -0.3% |
| 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 | €159,488 | €159,002 | -€486 | -0.3% |
| Amounts payable | 17/49 | €96,016 | €70,722 | -€25,294 | -26.3% |
| Amounts payable after more than one year | 17 | €9,881 | €7,371 | -€2,510 | -25.4% |
| Financial debts | 170/4 | €9,881 | €7,371 | -€2,510 | -25.4% |
| Amounts payable within one year | 42/48 | €86,135 | €63,351 | -€22,784 | -26.5% |
| Current portion of amounts payable after more than one year | 42 | €5,835 | €2,510 | -€3,325 | -57.0% |
| Financial debts | 43 | €34,515 | €29,632 | -€4,884 | -14.1% |
| Credit institutions | 430/8 | €34,515 | €29,632 | -€4,884 | -14.1% |
| Trade debts | 44 | €12,855 | €4,806 | -€8,049 | -62.6% |
| Suppliers | 440/4 | €12,855 | €4,806 | -€8,049 | -62.6% |
| Taxes, remuneration and social security | 45 | €32,930 | €26,404 | -€6,526 | -19.8% |
| Taxes | 450/3 | €32,930 | €26,404 | -€6,526 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,127 | €16,180 | -€1,947 | -10.7% |
| Other operating charges | 640/8 | €2,237 | €5,133 | +€2,895 | +129% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €13,824 | €26,404 | +€12,580 | +91.0% |
| Operating profit (loss) | 9901 | -€6,541 | €5,091 | +€11,632 | |
| Financial income | 75/76B | €6,522 | €7,466 | +€944 | +14.5% |
| Recurring financial income | 75 | €6,522 | €7,466 | +€944 | +14.5% |
| Financial charges | 65/66B | €6,628 | €10,766 | +€4,138 | +62.4% |
| Recurring financial charges | 65 | €6,628 | €10,766 | +€4,138 | +62.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,647 | €1,791 | +€8,437 | |
| Income taxes | 67/77 | €1,320 | €2,277 | +€957 | +72.5% |
| Profit (loss) for the period | 9904 | -€7,967 | -€486 | +€7,481 | +93.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,967 | -€486 | +€7,481 | +93.9% |
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 13 October 2026 via checked.be.