Skip to content

ESPERAL: 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

ESPERAL

BE 0433.053.629
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€13,640
2023 · €14,026-€385
Equity
€397,214
2023 · €383,574+€13,640
Cash
€262,223
2023 · €246,395+€15,828
Balance sheet total
€619,498
2023 · €609,053+€10,445

Largest movements

2023 to 2024
Assets
  • Cash +€15,828

    up €15,828 (+6.4%), from €246,395 to €262,223

    mainly Depreciation (+€27,342) and Net result for the year (+€13,640)

Equity and liabilities
  • Reserves +€13,000

    up €13,000 (+28.8%), from €45,096 to €58,096

    of which Distributable reserves: +€13,000

  • Tax, wage and social debts -€6,435

    down €6,435 (-80.7%), from €7,975 to €1,540

Income statement
  • Gross operating margin -€25,467

    down €25,467 (-34.0%), from €74,933 to €49,466

  • Financial charges -€11,893

    down €11,893 (-99.9%), from €11,904 to €12

  • Depreciation -€11,187

    down €11,187 (-29.0%), from €38,529 to €27,342

  • Financial income +€4,288

    new in 2024: €4,288

  • Taxes +€2,185

    up €2,185 (+140.6%), from €1,554 to €3,738

From the 2023 result to the 2024 result

effect on the 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 2023 €14,026
Gross operating margin -€25,467
Depreciation +€11,187
Other operating charges -€102
Financial income +€4,288
Financial charges +€11,893
Taxes -€2,185
Result 2024 €13,640

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€38,077
Investment -€22,249
Financing €0
Cash 2023 €246,395
Net result for the year +€13,640
Depreciation +€27,342
Receivables within one year -€348
Deferred charges and accrued income +€639
Trade debts +€2,740
Tax, wage and social debts -€6,435
Other debts +€500
Investment in fixed assets (net) -€22,249
Cash 2024 €262,223
Every line side by side 40 lines
Line Code 2023 2024 Change %
Total assets 20/58 €609,053 €619,498 +€10,445 +1.7%
Fixed assets 21/28 €258,038 €252,946 -€5,092 -2.0%
Tangible fixed assets 22/27 €258,038 €252,946 -€5,092 -2.0%
Land and buildings 22 €249,058 €246,728 -€2,330 -0.9%
Plant, machinery and equipment 23 €8,980 €6,217 -€2,762 -30.8%
Current assets 29/58 €351,015 €366,552 +€15,538 +4.4%
Amounts receivable within one year 40/41 - €348 +€348
Other amounts receivable 41 - €348 +€348
Current investments 50/53 €100,000 €100,000 = 0.0%
Cash at bank and in hand 54/58 €246,395 €262,223 +€15,828 +6.4%
Deferred charges and accrued income 490/1 €4,620 €3,981 -€639 -13.8%
Total equity and liabilities 10/49 €609,053 €619,498 +€10,445 +1.7%
Equity 10/15 €383,574 €397,214 +€13,640 +3.6%
Contributions 10/11 €242,936 €242,936 = 0.0%
Capital 10 €242,936 €242,936 = 0.0%
Issued capital 100 €242,936 €242,936 = 0.0%
Reserves 13 €45,096 €58,096 +€13,000 +28.8%
Non-distributable reserves 130/1 €24,294 €24,294 = 0.0%
Legal reserve 130 €24,294 €24,294 = 0.0%
Distributable reserves 133 €20,802 €33,802 +€13,000 +62.5%
Profit (loss) carried forward 14 €95,542 €96,183 +€640 +0.7%
Amounts payable 17/49 €225,479 €222,284 -€3,195 -1.4%
Amounts payable within one year 42/48 €225,479 €222,284 -€3,195 -1.4%
Trade debts 44 €325 €3,065 +€2,740 +843.3%
Suppliers 440/4 €325 €3,065 +€2,740 +843.3%
Taxes, remuneration and social security 45 €7,975 €1,540 -€6,435 -80.7%
Taxes 450/3 €7,975 €1,540 -€6,435 -80.7%
Other amounts payable 47/48 €217,180 €217,680 +€500 +0.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €38,529 €27,342 -€11,187 -29.0%
Other operating charges 640/8 €8,920 €9,022 +€102 +1.1%
Gross operating margin 9900 €74,933 €49,466 -€25,467 -34.0%
Operating profit (loss) 9901 €27,484 €13,102 -€14,382 -52.3%
Financial income 75/76B - €4,288 +€4,288
Recurring financial income 75 - €4,288 +€4,288
Financial charges 65/66B €11,904 €12 -€11,893 -99.9%
Recurring financial charges 65 €11,904 €12 -€11,893 -99.9%
Profit (loss) for the period before taxes 9903 €15,579 €17,379 +€1,799 +11.6%
Income taxes 67/77 €1,554 €3,738 +€2,185 +140.6%
Profit (loss) for the period 9904 €14,026 €13,640 -€385 -2.7%
Profit (loss) for the period to be appropriated 9905 €14,026 €13,640 -€385 -2.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.