Espoir: 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.
Espoir
Largest movements
- Cash -€74,844
down €74,844 (-62.9%), from €119,081 to €44,238
mainly Trade debts (-€31,489) and Accrued charges and deferred income (-€19,266)
- Tangible fixed assets -€18,316
down €18,316 (-17.4%), from €105,557 to €87,241
of which Other tangible fixed assets: -€19,042
- Receivables within one year +€4,849
up €4,849 (+12.4%), from €39,180 to €44,029
of which Other amounts receivable: +€4,713
- Trade debts -€31,489
down €31,489 (-32.4%), from €97,246 to €65,757
- Accrued charges and deferred income -€19,266
down €19,266 (-76.1%), from €25,314 to €6,048
- Investment grants -€17,838
down €17,838 (-26.5%), from €67,274 to €49,436
- Tax, wage and social debts -€16,524
down €16,524 (-10.7%), from €153,952 to €137,428
of which Remuneration and social security: -€16,792
- Provisions -€7,180
down €7,180 (-11.5%), from €62,180 to €55,000
- Staff costs -€40,796
down €40,796 (-3.0%), from €1.4m to €1.3m
- Financial charges +€33,705
up €33,705 (+1,110%), from €3,036 to €36,741
of which Non-recurring financial charges: +€33,721
- Turnover +€20,086
up €20,086 (+13.2%), from €152,333 to €172,419
- Purchases and services -€19,808
down €19,808 (-9.7%), from €204,254 to €184,446
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 | €424,600 | €334,726 | -€89,875 | -21.2% |
| Fixed assets | 21/28 | €105,557 | €87,241 | -€18,316 | -17.4% |
| Tangible fixed assets | 22/27 | €105,557 | €87,241 | -€18,316 | -17.4% |
| Plant, machinery and equipment | 23 | €5,845 | €4,147 | -€1,698 | -29.1% |
| Furniture and vehicles | 24 | €32,881 | €35,305 | +€2,424 | +7.4% |
| Other tangible fixed assets | 26 | €66,832 | €47,790 | -€19,042 | -28.5% |
| Current assets | 29/58 | €319,043 | €247,484 | -€71,559 | -22.4% |
| Amounts receivable within one year | 40/41 | €39,180 | €44,029 | +€4,849 | +12.4% |
| Trade receivables | 40 | €6,267 | €6,404 | +€136 | +2.2% |
| Other amounts receivable | 41 | €32,912 | €37,625 | +€4,713 | +14.3% |
| Cash at bank and in hand | 54/58 | €119,081 | €44,238 | -€74,844 | -62.9% |
| Deferred charges and accrued income | 490/1 | €160,782 | €159,218 | -€1,565 | -1.0% |
| Total equity and liabilities | 10/49 | €424,600 | €334,726 | -€89,875 | -21.2% |
| Equity | 10/15 | €85,909 | €70,492 | -€15,416 | -17.9% |
| Profit (loss) carried forward | 14 | €18,635 | €21,056 | +€2,421 | +13.0% |
| Investment grants | 15 | €67,274 | €49,436 | -€17,838 | -26.5% |
| Provisions and deferred taxes | 16 | €62,180 | €55,000 | -€7,180 | -11.5% |
| Provisions for liabilities and charges | 160/5 | €62,180 | €55,000 | -€7,180 | -11.5% |
| Other liabilities and charges | 164/5 | €62,180 | €55,000 | -€7,180 | -11.5% |
| Amounts payable | 17/49 | €276,512 | €209,233 | -€67,279 | -24.3% |
| Amounts payable within one year | 42/48 | €251,198 | €203,185 | -€48,013 | -19.1% |
| Trade debts | 44 | €97,246 | €65,757 | -€31,489 | -32.4% |
| Suppliers | 440/4 | €97,246 | €65,757 | -€31,489 | -32.4% |
| Taxes, remuneration and social security | 45 | €153,952 | €137,428 | -€16,524 | -10.7% |
| Taxes | 450/3 | - | €268 | +€268 | |
| Remuneration and social security | 454/9 | €153,952 | €137,160 | -€16,792 | -10.9% |
| Accrued charges and deferred income | 492/3 | €25,314 | €6,048 | -€19,266 | -76.1% |
| Turnover | 70 | €152,333 | €172,419 | +€20,086 | +13.2% |
| Membership fees, donations, legacies and grants | 73 | €1,441,478 | €1,333,224 | -€108,254 | -7.5% |
| Non-recurring operating income | 76A | €3,152 | €47,180 | +€44,028 | +1,397% |
| Goods, raw materials, services and sundry goods | 60/61 | €204,254 | €184,446 | -€19,808 | -9.7% |
| Remuneration, social security and pensions | 62 | €1,361,645 | €1,320,849 | -€40,796 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,823 | €26,882 | -€3,942 | -12.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,125 | -€2,125 | |
| Other operating charges | 640/8 | €2,956 | €2,880 | -€75 | -2.5% |
| Gross operating margin | 9900 | €1,392,708 | €1,379,632 | -€13,076 | -0.9% |
| Operating profit (loss) | 9901 | -€7,716 | €21,146 | +€28,862 | |
| Financial income | 75/76B | €17,947 | €18,016 | +€69 | +0.4% |
| Recurring financial income | 75 | €17,947 | €18,016 | +€69 | +0.4% |
| Financial charges | 65/66B | €3,036 | €36,741 | +€33,705 | +1,110% |
| Recurring financial charges | 65 | €850 | €834 | -€16 | -1.9% |
| Non-recurring financial charges | 66B | €2,187 | €35,907 | +€33,721 | +1,542% |
| Profit (loss) for the period before taxes | 9903 | €7,195 | €2,421 | -€4,774 | -66.3% |
| Profit (loss) for the period | 9904 | €7,195 | €2,421 | -€4,774 | -66.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,195 | €2,421 | -€4,774 | -66.3% |
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 31 October 2026 via checked.be.