ESPERLUETTE: 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.
ESPERLUETTE
Largest movements
- Cash -€24,753
down €24,753 (-81.5%), from €30,383 to €5,630
mainly Net result for the year (-€41,342) and Receivables within one year (-€22,500)
- Receivables within one year +€22,500
up €22,500 (+41.0%), from €54,886 to €77,386
of which Other amounts receivable: +€11,899
- Tangible fixed assets -€5,308
down €5,308 (-23.0%), from €23,113 to €17,806
of which Furniture and vehicles: -€4,323
- Reserves -€40,545
down €40,545 (-96.5%), from €42,000 to €1,455
- Trade debts +€26,817
up €26,817 (+351.6%), from €7,627 to €34,445
- Tax, wage and social debts +€7,831
up €7,831 (+14.7%), from €53,256 to €61,087
of which Taxes: +€5,723
- Short-term financial debts -€1,810
down €1,810 (-70.2%), from €2,577 to €768
- Staff costs +€33,896
up €33,896 (+19.1%), from €177,636 to €211,533
- Gross operating margin -€22,031
down €22,031 (-11.0%), from €199,891 to €177,860
- Taxes -€4,988
down €4,988 (-97.1%), from €5,140 to €152
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 | €111,257 | €103,422 | -€7,835 | -7.0% |
| Fixed assets | 21/28 | €25,713 | €20,406 | -€5,308 | -20.6% |
| Tangible fixed assets | 22/27 | €23,113 | €17,806 | -€5,308 | -23.0% |
| Furniture and vehicles | 24 | €13,451 | €9,128 | -€4,323 | -32.1% |
| Other tangible fixed assets | 26 | €9,663 | €8,678 | -€985 | -10.2% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €85,544 | €83,016 | -€2,528 | -3.0% |
| Amounts receivable within one year | 40/41 | €54,886 | €77,386 | +€22,500 | +41.0% |
| Trade receivables | 40 | €30,853 | €41,454 | +€10,601 | +34.4% |
| Other amounts receivable | 41 | €24,033 | €35,932 | +€11,899 | +49.5% |
| Cash at bank and in hand | 54/58 | €30,383 | €5,630 | -€24,753 | -81.5% |
| Deferred charges and accrued income | 490/1 | €275 | - | -€275 | |
| Total equity and liabilities | 10/49 | €111,257 | €103,422 | -€7,835 | -7.0% |
| Equity | 10/15 | €47,796 | €6,455 | -€41,342 | -86.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €42,000 | €1,455 | -€40,545 | -96.5% |
| Distributable reserves | 133 | €42,000 | €1,455 | -€40,545 | -96.5% |
| Profit (loss) carried forward | 14 | €796 | - | -€796 | |
| Amounts payable | 17/49 | €63,461 | €96,967 | +€33,506 | +52.8% |
| Amounts payable within one year | 42/48 | €63,461 | €96,300 | +€32,839 | +51.7% |
| Financial debts | 43 | €2,577 | €768 | -€1,810 | -70.2% |
| Credit institutions | 430/8 | €2,577 | €768 | -€1,810 | -70.2% |
| Trade debts | 44 | €7,627 | €34,445 | +€26,817 | +351.6% |
| Suppliers | 440/4 | €7,627 | €34,445 | +€26,817 | +351.6% |
| Taxes, remuneration and social security | 45 | €53,256 | €61,087 | +€7,831 | +14.7% |
| Taxes | 450/3 | €28,094 | €33,818 | +€5,723 | +20.4% |
| Remuneration and social security | 454/9 | €25,162 | €27,270 | +€2,108 | +8.4% |
| Accrued charges and deferred income | 492/3 | - | €667 | +€667 | |
| Remuneration, social security and pensions | 62 | €177,636 | €211,533 | +€33,896 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,958 | €5,337 | +€379 | +7.6% |
| Other operating charges | 640/8 | €1,563 | €1,865 | +€302 | +19.3% |
| Gross operating margin | 9900 | €199,891 | €177,860 | -€22,031 | -11.0% |
| Operating profit (loss) | 9901 | €15,733 | -€40,875 | -€56,608 | |
| Financial income | 75/76B | €1,514 | €1,555 | +€42 | +2.8% |
| Recurring financial income | 75 | €1,514 | €1,555 | +€42 | +2.8% |
| Financial charges | 65/66B | €1,009 | €1,871 | +€861 | +85.4% |
| Recurring financial charges | 65 | €1,009 | €1,871 | +€861 | +85.4% |
| Profit (loss) for the period before taxes | 9903 | €16,237 | -€41,190 | -€57,427 | |
| Income taxes | 67/77 | €5,140 | €152 | -€4,988 | -97.1% |
| Profit (loss) for the period | 9904 | €11,097 | -€41,342 | -€52,439 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,097 | -€41,342 | -€52,439 |
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.