Co-Esprit: what changed
Two fiscal 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.
Co-Esprit
Largest movements
- Receivables within one year -€7,097
down €7,097 (-63.7%), from €11,145 to €4,047
- Tangible fixed assets -€6,169
down €6,169 (-11.4%), from €54,203 to €48,034
of which Other tangible fixed assets: -€5,864
- Cash +€3,622
up €3,622 (+163.6%), from €2,214 to €5,836
mainly Net result for the year (+€17,097) and Depreciation (+€7,480)
- Other debts -€24,939
down €24,939 (-61.9%), from €40,257 to €15,318
- Profit (loss) carried forward +€17,097
up €17,097 (+21.7%), from -€78,679 to -€61,582
- Tax, wage and social debts -€2,092
down €2,092 (-33.5%), from €6,241 to €4,149
- Gross operating margin +€15,664
up €15,664 (+83.7%), from €18,721 to €34,385
- Financial income -€3,588
down €3,588 (-95.7%), from €3,749 to €161
of which Non-recurring financial income: -€3,706
- Other operating charges +€2,470
up €2,470 (+37.8%), from €6,532 to €9,001
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.
Cash bridge derived
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 | €68,673 | €59,402 | -€9,272 | -13.5% |
| Fixed assets | 21/28 | €54,203 | €48,034 | -€6,169 | -11.4% |
| Tangible fixed assets | 22/27 | €54,203 | €48,034 | -€6,169 | -11.4% |
| Plant, machinery and equipment | 23 | €608 | €304 | -€304 | -50.0% |
| Other tangible fixed assets | 26 | €53,594 | €47,730 | -€5,864 | -10.9% |
| Current assets | 29/58 | €14,471 | €11,368 | -€3,103 | -21.4% |
| Amounts receivable within one year | 40/41 | €11,145 | €4,047 | -€7,097 | -63.7% |
| Trade receivables | 40 | €11,145 | €4,047 | -€7,097 | -63.7% |
| Cash at bank and in hand | 54/58 | €2,214 | €5,836 | +€3,622 | +163.6% |
| Deferred charges and accrued income | 490/1 | €1,112 | €1,484 | +€373 | +33.5% |
| Total equity and liabilities | 10/49 | €68,673 | €59,402 | -€9,272 | -13.5% |
| Equity | 10/15 | -€60,079 | -€42,982 | +€17,097 | +28.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,679 | -€61,582 | +€17,097 | +21.7% |
| Amounts payable | 17/49 | €128,753 | €102,384 | -€26,369 | -20.5% |
| Amounts payable after more than one year | 17 | €80,000 | €80,000 | = | 0.0% |
| Financial debts | 170/4 | €80,000 | €80,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €48,753 | €21,975 | -€26,778 | -54.9% |
| Trade debts | 44 | €2,255 | €2,062 | -€193 | -8.5% |
| Suppliers | 440/4 | €2,255 | €2,062 | -€193 | -8.5% |
| Advances received on contracts in progress | 46 | - | €446 | +€446 | |
| Taxes, remuneration and social security | 45 | €6,241 | €4,149 | -€2,092 | -33.5% |
| Taxes | 450/3 | €6,241 | €4,149 | -€2,092 | -33.5% |
| Other amounts payable | 47/48 | €40,257 | €15,318 | -€24,939 | -61.9% |
| Accrued charges and deferred income | 492/3 | - | €409 | +€409 | |
| Remuneration, social security and pensions | 62 | €188 | - | -€188 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,421 | €7,480 | +€59 | +0.8% |
| Other operating charges | 640/8 | €6,532 | €9,001 | +€2,470 | +37.8% |
| Gross operating margin | 9900 | €18,721 | €34,385 | +€15,664 | +83.7% |
| Operating profit (loss) | 9901 | €4,579 | €17,903 | +€13,324 | +291.0% |
| Financial income | 75/76B | €3,749 | €161 | -€3,588 | -95.7% |
| Recurring financial income | 75 | €43 | €161 | +€118 | +276.8% |
| Non-recurring financial income | 76B | €3,706 | - | -€3,706 | |
| Financial charges | 65/66B | €576 | €695 | +€119 | +20.6% |
| Recurring financial charges | 65 | €576 | €695 | +€119 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €7,752 | €17,369 | +€9,617 | +124.1% |
| Income taxes | 67/77 | €141 | €272 | +€131 | +93.1% |
| Profit (loss) for the period | 9904 | €7,611 | €17,097 | +€9,486 | +124.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,611 | €17,097 | +€9,486 | +124.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.