VAN ESCH CONSULT: 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.
VAN ESCH CONSULT
Largest movements
- Receivables within one year +€105,547
up €105,547 (+3,671%), from €2,875 to €108,422
of which Other amounts receivable: +€70,254
- Cash +€38,711
up €38,711 (+73.8%), from €52,462 to €91,173
mainly Net result for the year (+€111,390) and Tax, wage and social debts (+€32,776)
- Reserves +€111,390
up €111,390 (+260%), from €42,845 to €154,235
- Tax, wage and social debts +€32,776
up €32,776 (+256%), from €12,806 to €45,582
- Gross operating margin +€89,410
up €89,410 (+151%), from €59,081 to €148,491
- Taxes +€19,970
up €19,970 (+156%), from €12,806 to €32,776
- Financial income +€2,059
up €2,059 (+6,501%), from €32 to €2,091
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 | €64,206 | €207,840 | +€143,634 | +224% |
| Fixed assets | 21/28 | €7,698 | €6,978 | -€720 | -9.4% |
| Tangible fixed assets | 22/27 | €7,698 | €6,978 | -€720 | -9.4% |
| Furniture and vehicles | 24 | €6,238 | €5,667 | -€571 | -9.2% |
| Other tangible fixed assets | 26 | €1,460 | €1,311 | -€149 | -10.2% |
| Current assets | 29/58 | €56,508 | €200,862 | +€144,354 | +255% |
| Amounts receivable within one year | 40/41 | €2,875 | €108,422 | +€105,547 | +3,671% |
| Trade receivables | 40 | - | €35,293 | +€35,293 | |
| Other amounts receivable | 41 | €2,875 | €73,129 | +€70,254 | +2,444% |
| Cash at bank and in hand | 54/58 | €52,462 | €91,173 | +€38,711 | +73.8% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,267 | +€95 | +8.1% |
| Total equity and liabilities | 10/49 | €64,206 | €207,840 | +€143,634 | +224% |
| Equity | 10/15 | €45,845 | €157,235 | +€111,390 | +243% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,845 | €154,235 | +€111,390 | +260% |
| Distributable reserves | 133 | €42,845 | €154,235 | +€111,390 | +260% |
| Amounts payable | 17/49 | €18,361 | €50,605 | +€32,243 | +176% |
| Amounts payable within one year | 42/48 | €18,361 | €50,605 | +€32,243 | +176% |
| Trade debts | 44 | €5,555 | €5,023 | -€532 | -9.6% |
| Suppliers | 440/4 | €5,555 | €5,023 | -€532 | -9.6% |
| Taxes, remuneration and social security | 45 | €12,806 | €45,582 | +€32,776 | +256% |
| Taxes | 450/3 | €12,806 | €45,582 | +€32,776 | +256% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €387 | €1,810 | +€1,423 | +368% |
| Other operating charges | 640/8 | €778 | €1,182 | +€405 | +52.0% |
| Gross operating margin | 9900 | €59,081 | €148,491 | +€89,410 | +151% |
| Operating profit (loss) | 9901 | €57,916 | €145,498 | +€87,582 | +151% |
| Financial income | 75/76B | €32 | €2,091 | +€2,059 | +6,501% |
| Recurring financial income | 75 | €32 | €2,091 | +€2,059 | +6,501% |
| Financial charges | 65/66B | €2,297 | €3,423 | +€1,126 | +49.0% |
| Recurring financial charges | 65 | €2,297 | €3,423 | +€1,126 | +49.0% |
| Profit (loss) for the period before taxes | 9903 | €55,651 | €144,166 | +€88,515 | +159% |
| Income taxes | 67/77 | €12,806 | €32,776 | +€19,970 | +156% |
| Profit (loss) for the period | 9904 | €42,845 | €111,390 | +€68,546 | +160% |
| Profit (loss) for the period to be appropriated | 9905 | €42,845 | €111,390 | +€68,546 | +160% |
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.