Espérance: 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.
Espérance
Largest movements
- Tangible fixed assets -€65,101
down €65,101 (-4.3%), from €1.5m to €1.4m
of which Land and buildings: -€61,418
- Cash +€28,996
up €28,996 (+26.4%), from €109,635 to €138,631
mainly Depreciation (+€78,605) and Receivables within one year (+€14,358)
- Profit (loss) carried forward -€45,348
down €45,348 (-5.2%), from -€870,003 to -€915,350
- Gross operating margin +€108,769
up €108,769 (+9.9%), from €1.1m to €1.2m
- Staff costs +€36,843
up €36,843 (+3.3%), from €1.1m to €1.2m
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 | €1,776,388 | €1,723,667 | -€52,720 | -3.0% |
| Fixed assets | 21/28 | €1,504,916 | €1,439,815 | -€65,101 | -4.3% |
| Tangible fixed assets | 22/27 | €1,504,668 | €1,439,568 | -€65,101 | -4.3% |
| Land and buildings | 22 | €1,413,675 | €1,352,257 | -€61,418 | -4.3% |
| Plant, machinery and equipment | 23 | €4,536 | €5,161 | +€625 | +13.8% |
| Furniture and vehicles | 24 | €63 | - | -€63 | |
| Other tangible fixed assets | 26 | €86,394 | €82,150 | -€4,244 | -4.9% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €271,471 | €283,852 | +€12,381 | +4.6% |
| Stocks and contracts in progress | 3 | €2,983 | €3,114 | +€132 | +4.4% |
| Stocks | 30/36 | €2,983 | €3,114 | +€132 | +4.4% |
| Amounts receivable within one year | 40/41 | €155,559 | €141,200 | -€14,358 | -9.2% |
| Trade receivables | 40 | €10,967 | €9,961 | -€1,006 | -9.2% |
| Other amounts receivable | 41 | €144,592 | €131,239 | -€13,353 | -9.2% |
| Cash at bank and in hand | 54/58 | €109,635 | €138,631 | +€28,996 | +26.4% |
| Deferred charges and accrued income | 490/1 | €3,295 | €906 | -€2,389 | -72.5% |
| Total equity and liabilities | 10/49 | €1,776,388 | €1,723,667 | -€52,720 | -3.0% |
| Equity | 10/15 | €1,585,390 | €1,540,042 | -€45,348 | -2.9% |
| Contributions | 10/11 | €405,118 | €405,118 | = | 0.0% |
| Capital | 10 | €405,118 | €405,118 | = | 0.0% |
| Revaluation surpluses | 12 | €2,050,275 | €2,050,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€870,003 | -€915,350 | -€45,348 | -5.2% |
| Amounts payable | 17/49 | €190,997 | €183,625 | -€7,373 | -3.9% |
| Amounts payable within one year | 42/48 | €190,997 | €183,625 | -€7,373 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €16,000 | - | -€16,000 | |
| Trade debts | 44 | €33,624 | €30,623 | -€3,001 | -8.9% |
| Suppliers | 440/4 | €33,624 | €30,623 | -€3,001 | -8.9% |
| Taxes, remuneration and social security | 45 | €124,637 | €132,829 | +€8,191 | +6.6% |
| Remuneration and social security | 454/9 | €124,637 | €132,829 | +€8,191 | +6.6% |
| Turnover | 70 | €131,693 | €140,157 | +€8,464 | +6.4% |
| Non-recurring operating income | 76A | €14 | €3 | -€11 | -78.6% |
| Remuneration, social security and pensions | 62 | €1,131,523 | €1,168,366 | +€36,843 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,365 | €78,605 | +€240 | +0.3% |
| Other operating charges | 640/8 | €3,418 | €3,446 | +€28 | +0.8% |
| Gross operating margin | 9900 | €1,094,171 | €1,202,939 | +€108,769 | +9.9% |
| Operating profit (loss) | 9901 | -€119,136 | -€47,479 | +€71,657 | +60.1% |
| Financial income | 75/76B | €881 | €2,744 | +€1,863 | +211.4% |
| Recurring financial income | 75 | €881 | €2,744 | +€1,863 | +211.4% |
| Financial charges | 65/66B | €292 | €613 | +€321 | +109.8% |
| Recurring financial charges | 65 | €292 | €613 | +€321 | +109.8% |
| Profit (loss) for the period before taxes | 9903 | -€118,547 | -€45,348 | +€73,199 | +61.7% |
| Profit (loss) for the period | 9904 | -€118,547 | -€45,348 | +€73,199 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,547 | -€45,348 | +€73,199 | +61.7% |
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 5 October 2026 via checked.be.