ESPEN CONSULTING: 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.
ESPEN CONSULTING
Largest movements
- Cash -€84,287
down €84,287 (-50.5%), from €166,795 to €82,508
mainly Contributions, distributions and other (-€259,982) and Receivables within one year (-€1,032)
- Reserves -€160,323
down €160,323 (-86.7%), from €184,882 to €24,559
- Other debts +€63,709
up €63,709 (+5,950%), from €1,071 to €64,780
- Tax, wage and social debts +€14,060
up €14,060 (+166%), from €8,476 to €22,536
- Gross operating margin +€29,379
up €29,379 (+29.6%), from €99,339 to €128,719
- Taxes +€7,363
up €7,363 (+36.7%), from €20,041 to €27,404
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 | €199,051 | €116,547 | -€82,505 | -41.4% |
| Current assets | 29/58 | €199,051 | €116,547 | -€82,505 | -41.4% |
| Amounts receivable after more than one year | 29 | €13,707 | €14,282 | +€575 | +4.2% |
| Other amounts receivable | 291 | €13,707 | €14,282 | +€575 | +4.2% |
| Amounts receivable within one year | 40/41 | €17,545 | €18,577 | +€1,032 | +5.9% |
| Trade receivables | 40 | €17,545 | €18,577 | +€1,032 | +5.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €166,795 | €82,508 | -€84,287 | -50.5% |
| Deferred charges and accrued income | 490/1 | €1,004 | €1,180 | +€175 | +17.4% |
| Total equity and liabilities | 10/49 | €199,051 | €116,547 | -€82,505 | -41.4% |
| Equity | 10/15 | €187,382 | €27,059 | -€160,323 | -85.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €184,882 | €24,559 | -€160,323 | -86.7% |
| Distributable reserves | 133 | €184,882 | €24,559 | -€160,323 | -86.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €11,669 | €89,488 | +€77,819 | +667% |
| Amounts payable within one year | 42/48 | €11,669 | €89,488 | +€77,819 | +667% |
| Trade debts | 44 | €2,123 | €2,173 | +€50 | +2.4% |
| Suppliers | 440/4 | €2,123 | €2,173 | +€50 | +2.4% |
| Taxes, remuneration and social security | 45 | €8,476 | €22,536 | +€14,060 | +166% |
| Taxes | 450/3 | €8,476 | €22,536 | +€14,060 | +166% |
| Other amounts payable | 47/48 | €1,071 | €64,780 | +€63,709 | +5,950% |
| Other operating charges | 640/8 | €118 | €520 | +€402 | +340% |
| Gross operating margin | 9900 | €99,339 | €128,719 | +€29,379 | +29.6% |
| Operating profit (loss) | 9901 | €99,221 | €128,199 | +€28,978 | +29.2% |
| Financial income | 75/76B | €207 | €579 | +€372 | +180% |
| Recurring financial income | 75 | €207 | €579 | +€372 | +180% |
| Financial charges | 65/66B | €2,015 | €1,715 | -€299 | -14.9% |
| Recurring financial charges | 65 | €2,015 | €1,715 | -€299 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €97,414 | €127,063 | +€29,649 | +30.4% |
| Income taxes | 67/77 | €20,041 | €27,404 | +€7,363 | +36.7% |
| Profit (loss) for the period | 9904 | €77,373 | €99,659 | +€22,286 | +28.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,373 | €99,659 | +€22,286 | +28.8% |
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 29 October 2026 via checked.be.