Esperanza Cadiz: 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.
Esperanza Cadiz
Largest movements
- Cash +€58,726
up €58,726 (+234%), from €25,132 to €83,858
mainly Net result for the year (+€63,195) and Tax, wage and social debts (+€8,503)
- Receivables within one year +€11,316
up €11,316 (+56.1%), from €20,167 to €31,482
of which Trade receivables: +€9,975
- Tangible fixed assets +€6,235
up €6,235 (+536%), from €1,164 to €7,399
- Deferred charges and accrued income -€3,861
down €3,861 (-23.3%), from €16,554 to €12,692
- Profit (loss) carried forward +€63,195
up €63,195 (+131%), from €48,073 to €111,268
- Tax, wage and social debts +€8,503
up €8,503 (+98.7%), from €8,618 to €17,121
- Accrued charges and deferred income +€1,500
new in 2025: €1,500
- Gross operating margin +€41,872
up €41,872 (+107%), from €39,028 to €80,901
- Taxes +€7,875
up €7,875 (+85.2%), from €9,246 to €17,121
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 | €63,016 | €135,432 | +€72,416 | +115% |
| Fixed assets | 21/28 | €1,164 | €7,399 | +€6,235 | +536% |
| Tangible fixed assets | 22/27 | €1,164 | €7,399 | +€6,235 | +536% |
| Furniture and vehicles | 24 | €1,164 | €7,399 | +€6,235 | +536% |
| Current assets | 29/58 | €61,852 | €128,033 | +€66,181 | +107% |
| Amounts receivable within one year | 40/41 | €20,167 | €31,482 | +€11,316 | +56.1% |
| Trade receivables | 40 | €684 | €10,659 | +€9,975 | +1,459% |
| Other amounts receivable | 41 | €19,483 | €20,823 | +€1,340 | +6.9% |
| Cash at bank and in hand | 54/58 | €25,132 | €83,858 | +€58,726 | +234% |
| Deferred charges and accrued income | 490/1 | €16,554 | €12,692 | -€3,861 | -23.3% |
| Total equity and liabilities | 10/49 | €63,016 | €135,432 | +€72,416 | +115% |
| Equity | 10/15 | €53,073 | €116,268 | +€63,195 | +119% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,073 | €111,268 | +€63,195 | +131% |
| Amounts payable | 17/49 | €9,943 | €19,164 | +€9,221 | +92.7% |
| Amounts payable within one year | 42/48 | €9,943 | €17,664 | +€7,721 | +77.7% |
| Trade debts | 44 | €1,325 | €543 | -€782 | -59.0% |
| Suppliers | 440/4 | €1,325 | €543 | -€782 | -59.0% |
| Taxes, remuneration and social security | 45 | €8,618 | €17,121 | +€8,503 | +98.7% |
| Taxes | 450/3 | €8,618 | €17,121 | +€8,503 | +98.7% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Non-recurring operating income | 76A | - | €3,766 | +€3,766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €474 | €836 | +€362 | +76.3% |
| Other operating charges | 640/8 | €796 | €645 | -€151 | -19.0% |
| Gross operating margin | 9900 | €39,028 | €80,901 | +€41,872 | +107% |
| Operating profit (loss) | 9901 | €37,757 | €79,419 | +€41,662 | +110% |
| Financial income | 75/76B | €1,074 | €1,094 | +€19 | +1.8% |
| Recurring financial income | 75 | €1,074 | €1,094 | +€19 | +1.8% |
| Financial charges | 65/66B | €155 | €197 | +€43 | +27.6% |
| Recurring financial charges | 65 | €155 | €197 | +€43 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | €38,677 | €80,316 | +€41,638 | +108% |
| Income taxes | 67/77 | €9,246 | €17,121 | +€7,875 | +85.2% |
| Profit (loss) for the period | 9904 | €29,431 | €63,195 | +€33,763 | +115% |
| Profit (loss) for the period to be appropriated | 9905 | €29,431 | €63,195 | +€33,763 | +115% |
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 1 November 2026 via checked.be.