ESPEL: 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.
What changed
ESPEL
NACE 56.112, Limited-service restaurants, excluding mobile food services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€400
2024 · €1,598-€1,198
Equity
€205,262
2024 · €204,862+€400
Cash
€85,117
2024 · €83,952+€1,165
Balance sheet total
€847,971
2024 · €797,929+€50,042
Largest movements
Assets
- Receivables within one year +€109,681
up €109,681 (+29.6%), from €369,943 to €479,625
of which Trade receivables: +€110,238
- Tangible fixed assets -€36,767
down €36,767 (-14.5%), from €254,298 to €217,531
of which Plant, machinery and equipment: -€44,545
- Receivables after one year -€23,635
down €23,635 (-42.5%), from €55,556 to €31,921
Equity and liabilities
- Tax, wage and social debts +€64,901
up €64,901 (+130.2%), from €49,854 to €114,755
of which Remuneration and social security: +€38,753
- Other debts +€43,183
up €43,183 (+17.9%), from €241,806 to €284,989
- Trade debts -€41,464
down €41,464 (-18.1%), from €228,766 to €187,302
- Debts after one year -€17,295
down €17,295 (-33.5%), from €51,606 to €34,311
Income statement
- Turnover -€296,858
down €296,858 (-9.4%), from €3.2m to €2.9m
- Services and other goods -€258,889
down €258,889 (-14.1%), from €1.8m to €1.6m
- Staff costs +€128,888
up €128,888 (+28.0%), from €459,577 to €588,465
- Other operating income +€114,748
up €114,748 (+174.4%), from €65,799 to €180,546
- Goods and materials -€33,604
down €33,604 (-4.0%), from €830,740 to €797,136
of which Purchases: -€29,034
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.
Result 2024
€1,598
Turnover
-€296,858
Other operating income
+€114,748
Goods and materials
+€33,604
Services and other goods
+€258,889
Staff costs
-€128,888
Depreciation
+€7,668
Other operating charges
-€3,258
Other operating items
+€6,000
Financial income
-€621
Financial charges
+€350
Taxes
+€7,168
Result 2025
€400
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.
From operations
+€49,815
Investment
-€31,542
Financing
-€17,108
Cash 2024
€83,952
From operations (derived)
+€49,815
Net result for the year
+€400
Depreciation
+€68,309
Receivables after one year
+€23,635
Stocks and contracts
-€616
Receivables within one year
-€109,681
Deferred charges and accrued income
+€1,018
Trade debts
-€41,464
Tax, wage and social debts
+€64,901
Other debts
+€43,183
Accrued charges and deferred income
+€130
Investment (derived)
-€31,542
Investment in fixed assets (net)
-€31,542
Financing
-€17,108
Debts after one year
-€17,295
Current portion of long-term debt
+€187
Cash 2025
€85,117
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €797,929 | €847,971 | +€50,042 | +6.3% |
| Fixed assets | 21/28 | €254,497 | €217,730 | -€36,767 | -14.4% |
| Tangible fixed assets | 22/27 | €254,298 | €217,531 | -€36,767 | -14.5% |
| Land and buildings | 22 | €31,958 | €42,637 | +€10,679 | +33.4% |
| Plant, machinery and equipment | 23 | €211,990 | €167,445 | -€44,545 | -21.0% |
| Furniture and vehicles | 24 | €10,350 | €7,450 | -€2,901 | -28.0% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Other financial fixed assets | 284/8 | €198 | €198 | = | 0.0% |
| Shares | 284 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €543,432 | €630,241 | +€86,809 | +16.0% |
| Amounts receivable after more than one year | 29 | €55,556 | €31,921 | -€23,635 | -42.5% |
| Other amounts receivable | 291 | €55,556 | €31,921 | -€23,635 | -42.5% |
| Stocks and contracts in progress | 3 | €16,036 | €16,652 | +€616 | +3.8% |
| Stocks | 30/36 | €16,036 | €16,652 | +€616 | +3.8% |
| Goods purchased for resale | 34 | €16,036 | €16,652 | +€616 | +3.8% |
| Amounts receivable within one year | 40/41 | €369,943 | €479,625 | +€109,681 | +29.6% |
| Trade receivables | 40 | €66,459 | €176,698 | +€110,238 | +165.9% |
| Other amounts receivable | 41 | €303,484 | €302,927 | -€557 | -0.2% |
| Cash at bank and in hand | 54/58 | €83,952 | €85,117 | +€1,165 | +1.4% |
| Deferred charges and accrued income | 490/1 | €17,944 | €16,926 | -€1,018 | -5.7% |
| Total equity and liabilities | 10/49 | €797,929 | €847,971 | +€50,042 | +6.3% |
| Equity | 10/15 | €204,862 | €205,262 | +€400 | +0.2% |
| Contributions | 10/11 | €161,126 | €161,126 | = | 0.0% |
| Reserves | 13 | €15,330 | €15,330 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,808 | €14,808 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,808 | €14,808 | = | 0.0% |
| Tax-exempt reserves | 132 | €522 | €522 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,406 | €28,806 | +€400 | +1.4% |
| Amounts payable | 17/49 | €593,067 | €642,709 | +€49,643 | +8.4% |
| Amounts payable after more than one year | 17 | €51,606 | €34,311 | -€17,295 | -33.5% |
| Financial debts | 170/4 | €51,606 | €34,311 | -€17,295 | -33.5% |
| Credit institutions | 173 | €51,606 | €34,311 | -€17,295 | -33.5% |
| Amounts payable within one year | 42/48 | €538,431 | €605,238 | +€66,808 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €18,006 | €18,192 | +€187 | +1.0% |
| Trade debts | 44 | €228,766 | €187,302 | -€41,464 | -18.1% |
| Suppliers | 440/4 | €228,766 | €187,302 | -€41,464 | -18.1% |
| Taxes, remuneration and social security | 45 | €49,854 | €114,755 | +€64,901 | +130.2% |
| Taxes | 450/3 | €1 | €26,149 | +€26,148 | +3268471.3% |
| Remuneration and social security | 454/9 | €49,853 | €88,606 | +€38,753 | +77.7% |
| Other amounts payable | 47/48 | €241,806 | €284,989 | +€43,183 | +17.9% |
| Accrued charges and deferred income | 492/3 | €3,030 | €3,160 | +€130 | +4.3% |
| Operating income | 70/76A | €3,225,683 | €3,049,572 | -€176,111 | -5.5% |
| Turnover | 70 | €3,159,884 | €2,863,026 | -€296,858 | -9.4% |
| Other operating income | 74 | €65,799 | €180,546 | +€114,748 | +174.4% |
| Non-recurring operating income | 76A | - | €6,000 | +€6,000 | |
| Operating charges | 60/66A | €3,210,509 | €3,042,494 | -€168,015 | -5.2% |
| Goods for resale, raw materials and consumables | 60 | €830,740 | €797,136 | -€33,604 | -4.0% |
| Purchases | 600/8 | €826,785 | €797,751 | -€29,034 | -3.5% |
| Change in stocks: decrease (increase) | 609 | €3,955 | -€616 | -€4,570 | |
| Services and other goods | 61 | €1,834,530 | €1,575,641 | -€258,889 | -14.1% |
| Remuneration, social security and pensions | 62 | €459,577 | €588,465 | +€128,888 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,977 | €68,309 | -€7,668 | -10.1% |
| Other operating charges | 640/8 | €9,685 | €12,943 | +€3,258 | +33.6% |
| Operating profit (loss) | 9901 | €15,174 | €7,079 | -€8,095 | -53.3% |
| Financial income | 75/76B | €2,753 | €2,132 | -€621 | -22.5% |
| Recurring financial income | 75 | €2,753 | €2,132 | -€621 | -22.5% |
| Income from current assets | 751 | - | €1,989 | +€1,989 | |
| Other financial income | 752/9 | €2,753 | €143 | -€2,610 | -94.8% |
| Financial charges | 65/66B | €3,044 | €2,694 | -€350 | -11.5% |
| Recurring financial charges | 65 | €3,044 | €2,694 | -€350 | -11.5% |
| Debt charges | 650 | €1,511 | €956 | -€556 | -36.8% |
| Other financial charges | 652/9 | €1,533 | €1,738 | +€206 | +13.4% |
| Profit (loss) for the period before taxes | 9903 | €14,882 | €6,517 | -€8,366 | -56.2% |
| Income taxes | 67/77 | €13,285 | €6,117 | -€7,168 | -54.0% |
| Taxes | 670/3 | €13,285 | €6,117 | -€7,168 | -54.0% |
| Tax adjustments and reversals of tax provisions | 77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €1,598 | €400 | -€1,198 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,598 | €400 | -€1,198 | -75.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.