NA.ESERTEPE: what changed
NA.ESERTEPE
Largest movements
- Cash +€18,830
up €18,830 (+70.1%), from €26,875 to €45,705
mainly Net result for the year (+€24,128) and Tax, wage and social debts (+€4,798)
- Receivables within one year +€2,322
up €2,322 (+13.5%), from €17,251 to €19,572
of which Other amounts receivable: +€2,242
- Reserves +€24,128
up €24,128 (+1,032%), from €2,338 to €26,466
- Tax, wage and social debts +€4,798
up €4,798 (+61.1%), from €7,858 to €12,656
of which Taxes: +€2,782
- Short-term financial debts -€4,597
no longer reported in 2024 (was €4,597)
- Other debts -€1,562
down €1,562 (-43.8%), from €3,562 to €2,000
- Trade debts -€1,272
down €1,272 (-17.2%), from €7,381 to €6,109
- Taxes -€11,692
down €11,692, from €6,752 to -€4,940
- Gross operating margin -€10,267
down €10,267 (-34.8%), from €29,526 to €19,259
- Depreciation -€9,000
down €9,000 (-98.9%), from €9,101 to €101
- Financial income +€793
up €793 (+122%), from €650 to €1,443
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,334 | €65,831 | +€21,496 | +48.5% |
| Fixed assets | 21/28 | €101 | €0 | -€101 | -100% |
| Tangible fixed assets | 22/27 | €101 | €0 | -€101 | -100% |
| Plant, machinery and equipment | 23 | €101 | €0 | -€101 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €44,233 | €65,831 | +€21,598 | +48.8% |
| Amounts receivable within one year | 40/41 | €17,251 | €19,572 | +€2,322 | +13.5% |
| Trade receivables | 40 | - | €80 | +€80 | |
| Other amounts receivable | 41 | €17,251 | €19,492 | +€2,242 | +13.0% |
| Cash at bank and in hand | 54/58 | €26,875 | €45,705 | +€18,830 | +70.1% |
| Deferred charges and accrued income | 490/1 | €107 | €553 | +€446 | +415% |
| Total equity and liabilities | 10/49 | €44,334 | €65,831 | +€21,496 | +48.5% |
| Equity | 10/15 | €20,938 | €45,066 | +€24,128 | +115% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,338 | €26,466 | +€24,128 | +1,032% |
| Distributable reserves | 133 | €2,338 | €26,466 | +€24,128 | +1,032% |
| Amounts payable | 17/49 | €23,397 | €20,765 | -€2,632 | -11.3% |
| Amounts payable within one year | 42/48 | €23,397 | €20,765 | -€2,632 | -11.3% |
| Financial debts | 43 | €4,597 | - | -€4,597 | |
| Credit institutions | 430/8 | €4,597 | - | -€4,597 | |
| Trade debts | 44 | €7,381 | €6,109 | -€1,272 | -17.2% |
| Suppliers | 440/4 | €7,381 | €6,109 | -€1,272 | -17.2% |
| Taxes, remuneration and social security | 45 | €7,858 | €12,656 | +€4,798 | +61.1% |
| Taxes | 450/3 | €7,212 | €9,994 | +€2,782 | +38.6% |
| Remuneration and social security | 454/9 | €646 | €2,662 | +€2,016 | +312% |
| Other amounts payable | 47/48 | €3,562 | €2,000 | -€1,562 | -43.8% |
| Non-recurring operating income | 76A | €3,744 | €3,591 | -€154 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,101 | €101 | -€9,000 | -98.9% |
| Other operating charges | 640/8 | €1,350 | €1,173 | -€177 | -13.1% |
| Gross operating margin | 9900 | €29,526 | €19,259 | -€10,267 | -34.8% |
| Operating profit (loss) | 9901 | €19,074 | €17,985 | -€1,089 | -5.7% |
| Financial income | 75/76B | €650 | €1,443 | +€793 | +122% |
| Recurring financial income | 75 | €650 | €1,443 | +€793 | +122% |
| Financial charges | 65/66B | €330 | €240 | -€91 | -27.4% |
| Recurring financial charges | 65 | €330 | €240 | -€91 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €19,394 | €19,188 | -€206 | -1.1% |
| Income taxes | 67/77 | €6,752 | -€4,940 | -€11,692 | |
| Profit (loss) for the period | 9904 | €12,642 | €24,128 | +€11,487 | +90.9% |
| Profit (loss) for the period to be appropriated | 9905 | €12,642 | €24,128 | +€11,487 | +90.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.