ESQUIVE: 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.
ESQUIVE
Largest movements
- Cash +€21,669
up €21,669 (+52.5%), from €41,273 to €62,942
mainly Net result for the year (+€37,141) and Other debts (+€11,561)
- Receivables within one year +€2,000
up €2,000 (+34.1%), from €5,872 to €7,872
of which Other amounts receivable: +€2,000
- Other debts +€11,561
up €11,561 (+64.6%), from €17,892 to €29,453
- Reserves +€6,615
up €6,615 (+15.9%), from €41,691 to €48,307
- Tax, wage and social debts +€6,395
up €6,395 (+142%), from €4,514 to €10,909
of which Taxes: +€6,395
- Trade debts -€1,190
down €1,190 (-47.5%), from €2,502 to €1,313
- Gross operating margin +€33,891
up €33,891 (+208%), from €16,261 to €50,152
- Taxes +€9,499
up €9,499 (+763%), from €1,245 to €10,743
- Financial charges -€1,884
down €1,884 (-91.5%), from €2,060 to €176
- Depreciation +€969
up €969 (+156%), from €623 to €1,592
- Other operating charges -€667
down €667 (-57.1%), from €1,167 to €501
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 | €50,826 | €74,207 | +€23,382 | +46.0% |
| Formation expenses | 20 | €405 | €0 | -€405 | -100% |
| Fixed assets | 21/28 | €2,861 | €2,957 | +€96 | +3.4% |
| Tangible fixed assets | 22/27 | €2,861 | €2,957 | +€96 | +3.4% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | - | €1,112 | +€1,112 | |
| Furniture and vehicles | 24 | €2,861 | €1,845 | -€1,016 | -35.5% |
| Current assets | 29/58 | €47,560 | €71,250 | +€23,690 | +49.8% |
| Amounts receivable within one year | 40/41 | €5,872 | €7,872 | +€2,000 | +34.1% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €5,872 | €7,872 | +€2,000 | +34.1% |
| Cash at bank and in hand | 54/58 | €41,273 | €62,942 | +€21,669 | +52.5% |
| Deferred charges and accrued income | 490/1 | €416 | €437 | +€21 | +5.1% |
| Total equity and liabilities | 10/49 | €50,826 | €74,207 | +€23,382 | +46.0% |
| Equity | 10/15 | €25,917 | €32,533 | +€6,615 | +25.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €41,691 | €48,307 | +€6,615 | +15.9% |
| Distributable reserves | 133 | €41,691 | €48,307 | +€6,615 | +15.9% |
| Profit (loss) carried forward | 14 | -€35,774 | -€35,774 | = | 0.0% |
| Amounts payable | 17/49 | €24,909 | €41,675 | +€16,766 | +67.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €24,909 | €41,675 | +€16,766 | +67.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,502 | €1,313 | -€1,190 | -47.5% |
| Suppliers | 440/4 | €2,502 | €1,313 | -€1,190 | -47.5% |
| Taxes, remuneration and social security | 45 | €4,514 | €10,909 | +€6,395 | +142% |
| Taxes | 450/3 | €4,514 | €10,909 | +€6,395 | +142% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €17,892 | €29,453 | +€11,561 | +64.6% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €623 | €1,592 | +€969 | +156% |
| Other operating charges | 640/8 | €1,167 | €501 | -€667 | -57.1% |
| Gross operating margin | 9900 | €16,261 | €50,152 | +€33,891 | +208% |
| Operating profit (loss) | 9901 | €14,471 | €48,060 | +€33,589 | +232% |
| Financial charges | 65/66B | €2,060 | €176 | -€1,884 | -91.5% |
| Recurring financial charges | 65 | €2,060 | €176 | -€1,884 | -91.5% |
| Profit (loss) for the period before taxes | 9903 | €12,411 | €47,884 | +€35,473 | +286% |
| Income taxes | 67/77 | €1,245 | €10,743 | +€9,499 | +763% |
| Profit (loss) for the period | 9904 | €11,166 | €37,141 | +€25,975 | +233% |
| Profit (loss) for the period to be appropriated | 9905 | €11,166 | €37,141 | +€25,975 | +233% |
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 28 October 2026 via checked.be.