Esperanto: 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.
Esperanto
Largest movements
- Tangible fixed assets +€125,299
up €125,299 (+32.9%), from €381,213 to €506,513
of which Furniture and vehicles: +€124,475
- Cash +€49,383
up €49,383 (+7.6%), from €648,936 to €698,320
mainly Accrued charges and deferred income (+€356,228) and Depreciation (+€128,611)
- Receivables within one year +€24,826
up €24,826 (+9.2%), from €270,254 to €295,079
of which Other amounts receivable: +€20,520
- Accrued charges and deferred income +€356,228
up €356,228 (+4822.9%), from €7,386 to €363,614
- Debts within one year -€152,797
down €152,797 (-20.3%), from €753,405 to €600,608
of which Trade debts: -€138,481
- Contributions +€31,800
up €31,800 (+13.6%), from €233,638 to €265,438
- Profit (loss) carried forward -€29,334
down €29,334 (-31.6%), from -€92,696 to -€122,029
- Gross operating margin +€250,018
up €250,018 (+6.3%), from €4.0m to €4.2m
- Staff costs +€157,694
up €157,694 (+4.0%), from €3.9m to €4.1m
- Depreciation +€81,060
up €81,060 (+170.5%), from €47,551 to €128,611
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 | €1,312,950 | €1,513,336 | +€200,386 | +15.3% |
| Fixed assets | 21/28 | €385,986 | €509,186 | +€123,199 | +31.9% |
| Tangible fixed assets | 22/27 | €381,213 | €506,513 | +€125,299 | +32.9% |
| Land and buildings | 22 | €224,900 | €213,063 | -€11,837 | -5.3% |
| Plant, machinery and equipment | 23 | €29,580 | €25,344 | -€4,236 | -14.3% |
| Furniture and vehicles | 24 | €113,381 | €237,855 | +€124,475 | +109.8% |
| Other tangible fixed assets | 26 | €13,353 | €30,250 | +€16,897 | +126.5% |
| Financial fixed assets | 28 | €4,773 | €2,673 | -€2,100 | -44.0% |
| Current assets | 29/58 | €926,963 | €1,004,150 | +€77,187 | +8.3% |
| Amounts receivable within one year | 40/41 | €270,254 | €295,079 | +€24,826 | +9.2% |
| Trade receivables | 40 | - | €4,306 | +€4,306 | |
| Other amounts receivable | 41 | €270,254 | €290,774 | +€20,520 | +7.6% |
| Cash at bank and in hand | 54/58 | €648,936 | €698,320 | +€49,383 | +7.6% |
| Deferred charges and accrued income | 490/1 | €7,774 | €10,751 | +€2,978 | +38.3% |
| Total equity and liabilities | 10/49 | €1,312,950 | €1,513,336 | +€200,386 | +15.3% |
| Equity | 10/15 | €146,478 | €148,944 | +€2,466 | +1.7% |
| Contributions | 10/11 | €233,638 | €265,438 | +€31,800 | +13.6% |
| Capital | 10 | €233,638 | €265,438 | +€31,800 | +13.6% |
| Profit (loss) carried forward | 14 | -€92,696 | -€122,029 | -€29,334 | -31.6% |
| Investment grants | 15 | €5,535 | €5,535 | = | 0.0% |
| Amounts payable | 17/49 | €1,166,472 | €1,364,392 | +€197,920 | +17.0% |
| Amounts payable after more than one year | 17 | €405,681 | €400,171 | -€5,510 | -1.4% |
| Financial debts | 170/4 | €94,654 | €89,144 | -€5,510 | -5.8% |
| Other amounts payable | 178/9 | €311,027 | €311,027 | = | 0.0% |
| Amounts payable within one year | 42/48 | €753,405 | €600,608 | -€152,797 | -20.3% |
| Current portion of amounts payable after more than one year | 42 | €5,346 | €5,962 | +€616 | +11.5% |
| Trade debts | 44 | €190,060 | €51,579 | -€138,481 | -72.9% |
| Suppliers | 440/4 | €190,060 | €51,579 | -€138,481 | -72.9% |
| Taxes, remuneration and social security | 45 | €445,080 | €492,981 | +€47,900 | +10.8% |
| Remuneration and social security | 454/9 | €445,080 | €492,981 | +€47,900 | +10.8% |
| Accrued charges and deferred income | 492/3 | €7,386 | €363,614 | +€356,228 | +4822.9% |
| Non-recurring operating income | 76A | €6,931 | €44,689 | +€37,757 | +544.8% |
| Remuneration, social security and pensions | 62 | €3,938,494 | €4,096,188 | +€157,694 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,551 | €128,611 | +€81,060 | +170.5% |
| Other operating charges | 640/8 | €35,468 | €11,872 | -€23,596 | -66.5% |
| Non-recurring operating charges | 66A | €1,179 | €19,998 | +€18,819 | +1596.2% |
| Gross operating margin | 9900 | €3,973,396 | €4,223,414 | +€250,018 | +6.3% |
| Operating profit (loss) | 9901 | -€49,296 | -€33,255 | +€16,041 | +32.5% |
| Financial income | 75/76B | €15,687 | €9,892 | -€5,795 | -36.9% |
| Recurring financial income | 75 | €15,687 | €9,892 | -€5,795 | -36.9% |
| Financial charges | 65/66B | €47 | €3,004 | +€2,956 | +6256.9% |
| Recurring financial charges | 65 | €47 | €3,004 | +€2,956 | +6256.9% |
| Profit (loss) for the period before taxes | 9903 | -€33,657 | -€26,366 | +€7,290 | +21.7% |
| Income taxes | 67/77 | €4,310 | €2,967 | -€1,342 | -31.1% |
| Profit (loss) for the period | 9904 | -€37,966 | -€29,334 | +€8,633 | +22.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,966 | -€29,334 | +€8,633 | +22.7% |
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 11 October 2026 via checked.be.