ESZETT: 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.
ESZETT
Largest movements
- Cash +€26,801
up €26,801 (+101%), from €26,466 to €53,268
mainly Net result for the year (+€35,053) and Receivables within one year (+€8,421)
- Tangible fixed assets +€8,723
up €8,723 (+2.7%), from €320,849 to €329,572
of which Furniture and vehicles: +€10,721
- Receivables within one year -€8,421
down €8,421 (-91.2%), from €9,238 to €818
of which Trade receivables: -€8,839
- Profit (loss) carried forward +€35,053
up €35,053 (+22.5%), from -€155,908 to -€120,855
- Debts after one year -€11,505
down €11,505 (-6.7%), from €171,054 to €159,549
- Gross operating margin +€67,589
up €67,589, from -€21,951 to €45,638
- Financial income -€2,225
down €2,225 (-88.6%), from €2,511 to €286
- Depreciation +€874
up €874 (+44.3%), from €1,973 to €2,848
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 | €443,266 | €467,288 | +€24,022 | +5.4% |
| Fixed assets | 21/28 | €403,249 | €411,972 | +€8,723 | +2.2% |
| Tangible fixed assets | 22/27 | €320,849 | €329,572 | +€8,723 | +2.7% |
| Land and buildings | 22 | €318,249 | €316,895 | -€1,354 | -0.4% |
| Plant, machinery and equipment | 23 | €2,601 | €1,957 | -€644 | -24.8% |
| Furniture and vehicles | 24 | - | €10,721 | +€10,721 | |
| Financial fixed assets | 28 | €82,400 | €82,400 | = | 0.0% |
| Current assets | 29/58 | €40,017 | €55,316 | +€15,299 | +38.2% |
| Amounts receivable within one year | 40/41 | €9,238 | €818 | -€8,421 | -91.2% |
| Trade receivables | 40 | €8,839 | €0 | -€8,839 | -100% |
| Other amounts receivable | 41 | €399 | €818 | +€418 | +105% |
| Cash at bank and in hand | 54/58 | €26,466 | €53,268 | +€26,801 | +101% |
| Deferred charges and accrued income | 490/1 | €4,312 | €1,231 | -€3,081 | -71.5% |
| Total equity and liabilities | 10/49 | €443,266 | €467,288 | +€24,022 | +5.4% |
| Equity | 10/15 | €123,646 | €158,699 | +€35,053 | +28.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €260,953 | €260,953 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €73 | €73 | = | 0.0% |
| Distributable reserves | 133 | €259,020 | €259,020 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,908 | -€120,855 | +€35,053 | +22.5% |
| Amounts payable | 17/49 | €319,620 | €308,589 | -€11,031 | -3.5% |
| Amounts payable after more than one year | 17 | €171,054 | €159,549 | -€11,505 | -6.7% |
| Financial debts | 170/4 | €171,054 | €159,549 | -€11,505 | -6.7% |
| Amounts payable within one year | 42/48 | €147,943 | €148,399 | +€456 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €11,144 | €11,505 | +€361 | +3.2% |
| Trade debts | 44 | €2,115 | €2,768 | +€653 | +30.9% |
| Suppliers | 440/4 | €2,115 | €2,768 | +€653 | +30.9% |
| Taxes, remuneration and social security | 45 | €0 | €7 | +€7 | |
| Taxes | 450/3 | - | €7 | +€7 | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €134,685 | €134,119 | -€566 | -0.4% |
| Accrued charges and deferred income | 492/3 | €624 | €642 | +€18 | +2.9% |
| Non-recurring operating income | 76A | - | €21,488 | +€21,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,973 | €2,848 | +€874 | +44.3% |
| Other operating charges | 640/8 | €1,892 | €1,892 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€21,951 | €45,638 | +€67,589 | |
| Operating profit (loss) | 9901 | -€25,816 | €40,899 | +€66,715 | |
| Financial income | 75/76B | €2,511 | €286 | -€2,225 | -88.6% |
| Recurring financial income | 75 | €2,511 | €286 | -€2,225 | -88.6% |
| Financial charges | 65/66B | €6,243 | €5,881 | -€362 | -5.8% |
| Recurring financial charges | 65 | €6,243 | €5,881 | -€362 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€29,547 | €35,303 | +€64,851 | |
| Income taxes | 67/77 | €193 | €250 | +€58 | +29.9% |
| Profit (loss) for the period | 9904 | -€29,740 | €35,053 | +€64,793 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,740 | €35,053 | +€64,793 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.