ESV-Services: 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-Services
Largest movements
- Cash -€51,829
down €51,829 (-59.1%), from €87,715 to €35,886
mainly Contributions, distributions and other (-€117,647) and Tax, wage and social debts (-€3,064)
- Tangible fixed assets -€12,094
down €12,094 (-39.6%), from €30,565 to €18,470
of which Furniture and vehicles: -€11,142
- Current investments -€6,328
down €6,328 (-4.9%), from €130,000 to €123,672
- Receivables within one year -€6,218
down €6,218 (-44.9%), from €13,838 to €7,620
of which Other amounts receivable: -€4,365
- Profit (loss) carried forward -€73,848
down €73,848 (-35.2%), from €209,664 to €135,816
- Tax, wage and social debts -€3,064
down €3,064 (-29.8%), from €10,293 to €7,229
- Taxes -€4,593
down €4,593 (-22.2%), from €20,667 to €16,074
- Gross operating margin -€4,296
down €4,296 (-5.6%), from €76,416 to €72,120
- Financial income +€2,513
up €2,513 (+292%), from €860 to €3,374
- Other operating charges +€1,106
up €1,106 (+117%), from €942 to €2,048
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 | €265,103 | €187,531 | -€77,572 | -29.3% |
| Fixed assets | 21/28 | €30,565 | €18,470 | -€12,094 | -39.6% |
| Tangible fixed assets | 22/27 | €30,565 | €18,470 | -€12,094 | -39.6% |
| Plant, machinery and equipment | 23 | €2,053 | €1,100 | -€953 | -46.4% |
| Furniture and vehicles | 24 | €28,512 | €17,370 | -€11,142 | -39.1% |
| Current assets | 29/58 | €234,538 | €169,060 | -€65,478 | -27.9% |
| Amounts receivable within one year | 40/41 | €13,838 | €7,620 | -€6,218 | -44.9% |
| Trade receivables | 40 | €8,700 | €6,847 | -€1,853 | -21.3% |
| Other amounts receivable | 41 | €5,138 | €773 | -€4,365 | -85.0% |
| Current investments | 50/53 | €130,000 | €123,672 | -€6,328 | -4.9% |
| Cash at bank and in hand | 54/58 | €87,715 | €35,886 | -€51,829 | -59.1% |
| Deferred charges and accrued income | 490/1 | €2,985 | €1,882 | -€1,103 | -37.0% |
| Total equity and liabilities | 10/49 | €265,103 | €187,531 | -€77,572 | -29.3% |
| Equity | 10/15 | €252,664 | €178,816 | -€73,848 | -29.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €209,664 | €135,816 | -€73,848 | -35.2% |
| Amounts payable | 17/49 | €12,439 | €8,714 | -€3,725 | -29.9% |
| Amounts payable within one year | 42/48 | €12,439 | €8,714 | -€3,725 | -29.9% |
| Trade debts | 44 | €2,146 | €1,485 | -€661 | -30.8% |
| Suppliers | 440/4 | €2,146 | €1,485 | -€661 | -30.8% |
| Taxes, remuneration and social security | 45 | €10,293 | €7,229 | -€3,064 | -29.8% |
| Taxes | 450/3 | €10,293 | €7,229 | -€3,064 | -29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,710 | €13,021 | +€311 | +2.4% |
| Other operating charges | 640/8 | €942 | €2,048 | +€1,106 | +117% |
| Gross operating margin | 9900 | €76,416 | €72,120 | -€4,296 | -5.6% |
| Operating profit (loss) | 9901 | €62,764 | €57,051 | -€5,713 | -9.1% |
| Financial income | 75/76B | €860 | €3,374 | +€2,513 | +292% |
| Recurring financial income | 75 | €860 | €3,374 | +€2,513 | +292% |
| Financial charges | 65/66B | €90 | €552 | +€462 | +515% |
| Recurring financial charges | 65 | €90 | €552 | +€462 | +515% |
| Profit (loss) for the period before taxes | 9903 | €63,535 | €59,873 | -€3,661 | -5.8% |
| Income taxes | 67/77 | €20,667 | €16,074 | -€4,593 | -22.2% |
| Profit (loss) for the period | 9904 | €42,868 | €43,800 | +€932 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,868 | €43,800 | +€932 | +2.2% |
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.