ESV Consulting: 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.
ESV Consulting
Largest movements
- Cash +€105,543
up €105,543 (+68.5%), from €154,010 to €259,554
mainly Accrued charges and deferred income (+€108,933) and Depreciation (+€34,960)
- Tangible fixed assets -€34,960
down €34,960 (-5.0%), from €698,956 to €663,996
of which Land and buildings: -€19,569
- Accrued charges and deferred income +€108,933
up €108,933 (+399,021%), from €27 to €108,960
- Debts after one year -€26,839
down €26,839 (-8.8%), from €306,168 to €279,329
- Profit (loss) carried forward -€16,999
down €16,999 (-72.7%), from -€23,382 to -€40,381
- Tax, wage and social debts +€12,463
up €12,463 (+59.1%), from €21,095 to €33,558
of which Taxes: +€17,344
- Financial charges +€15,899
up €15,899, from -€11,240 to €4,659
- Gross operating margin -€6,422
down €6,422 (-21.7%), from €29,574 to €23,152
- Other operating charges -€5,012
down €5,012 (-66.2%), from €7,566 to €2,554
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 | €1,007,032 | €1,075,431 | +€68,398 | +6.8% |
| Fixed assets | 21/28 | €698,956 | €663,996 | -€34,960 | -5.0% |
| Tangible fixed assets | 22/27 | €698,956 | €663,996 | -€34,960 | -5.0% |
| Land and buildings | 22 | €658,311 | €638,742 | -€19,569 | -3.0% |
| Furniture and vehicles | 24 | €40,645 | €25,254 | -€15,391 | -37.9% |
| Current assets | 29/58 | €308,077 | €411,435 | +€103,358 | +33.5% |
| Amounts receivable within one year | 40/41 | €3,348 | €2,854 | -€494 | -14.8% |
| Trade receivables | 40 | €494 | - | -€494 | |
| Other amounts receivable | 41 | €2,854 | €2,854 | = | 0.0% |
| Current investments | 50/53 | €149,027 | €149,027 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €154,010 | €259,554 | +€105,543 | +68.5% |
| Deferred charges and accrued income | 490/1 | €1,691 | - | -€1,691 | |
| Total equity and liabilities | 10/49 | €1,007,032 | €1,075,431 | +€68,398 | +6.8% |
| Equity | 10/15 | €580,778 | €563,779 | -€16,999 | -2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €597,960 | €597,960 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €596,105 | €596,105 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,382 | -€40,381 | -€16,999 | -72.7% |
| Amounts payable | 17/49 | €426,255 | €511,651 | +€85,397 | +20.0% |
| Amounts payable after more than one year | 17 | €306,168 | €279,329 | -€26,839 | -8.8% |
| Financial debts | 170/4 | €306,168 | €279,329 | -€26,839 | -8.8% |
| Amounts payable within one year | 42/48 | €120,059 | €123,362 | +€3,303 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €26,474 | €26,839 | +€365 | +1.4% |
| Financial debts | 43 | €3,570 | - | -€3,570 | |
| Credit institutions | 430/8 | €3,570 | - | -€3,570 | |
| Trade debts | 44 | €9,105 | €513 | -€8,592 | -94.4% |
| Suppliers | 440/4 | €9,105 | €513 | -€8,592 | -94.4% |
| Taxes, remuneration and social security | 45 | €21,095 | €33,558 | +€12,463 | +59.1% |
| Taxes | 450/3 | €15,673 | €33,017 | +€17,344 | +111% |
| Remuneration and social security | 454/9 | €5,422 | €541 | -€4,882 | -90.0% |
| Other amounts payable | 47/48 | €59,815 | €62,452 | +€2,637 | +4.4% |
| Accrued charges and deferred income | 492/3 | €27 | €108,960 | +€108,933 | +399,021% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,210 | €34,960 | -€250 | -0.7% |
| Other operating charges | 640/8 | €7,566 | €2,554 | -€5,012 | -66.2% |
| Gross operating margin | 9900 | €29,574 | €23,152 | -€6,422 | -21.7% |
| Operating profit (loss) | 9901 | -€13,202 | -€14,362 | -€1,160 | -8.8% |
| Financial income | 75/76B | €1,973 | €2,259 | +€286 | +14.5% |
| Recurring financial income | 75 | €1,973 | €2,259 | +€286 | +14.5% |
| Financial charges | 65/66B | -€11,240 | €4,659 | +€15,899 | |
| Recurring financial charges | 65 | -€11,240 | €4,659 | +€15,899 | |
| Profit (loss) for the period before taxes | 9903 | €12 | -€16,762 | -€16,773 | |
| Income taxes | 67/77 | €242 | €237 | -€5 | -2.2% |
| Profit (loss) for the period | 9904 | -€231 | -€16,999 | -€16,768 | -7,269% |
| Profit (loss) for the period to be appropriated | 9905 | -€231 | -€16,999 | -€16,768 | -7,269% |
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.