ESPOZ: 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.
ESPOZ
Largest movements
- Cash +€17,842
up €17,842 (+118%), from €15,127 to €32,968
mainly Net result for the year (+€21,428) and Trade debts (+€2,306)
- Tangible fixed assets +€3,353
up €3,353 (+103%), from €3,262 to €6,615
of which Furniture and vehicles: +€3,523
- Receivables within one year +€2,566
up €2,566 (+17.8%), from €14,399 to €16,965
of which Other amounts receivable: +€1,618
- Reserves +€21,400
up €21,400 (+155%), from €13,800 to €35,200
- Trade debts +€2,306
up €2,306 (+82.2%), from €2,805 to €5,111
- Gross operating margin +€12,466
up €12,466 (+48.6%), from €25,644 to €38,110
- Taxes +€2,391
up €2,391 (+29.4%), from €8,131 to €10,522
- Depreciation +€472
up €472 (+43.4%), from €1,087 to €1,559
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 | €32,902 | €56,548 | +€23,646 | +71.9% |
| Fixed assets | 21/28 | €3,262 | €6,615 | +€3,353 | +103% |
| Tangible fixed assets | 22/27 | €3,262 | €6,615 | +€3,353 | +103% |
| Plant, machinery and equipment | 23 | €510 | €340 | -€170 | -33.3% |
| Furniture and vehicles | 24 | €2,752 | €6,275 | +€3,523 | +128% |
| Current assets | 29/58 | €29,641 | €49,933 | +€20,293 | +68.5% |
| Amounts receivable within one year | 40/41 | €14,399 | €16,965 | +€2,566 | +17.8% |
| Trade receivables | 40 | €14,399 | €15,347 | +€948 | +6.6% |
| Other amounts receivable | 41 | - | €1,618 | +€1,618 | |
| Cash at bank and in hand | 54/58 | €15,127 | €32,968 | +€17,842 | +118% |
| Deferred charges and accrued income | 490/1 | €115 | - | -€115 | |
| Total equity and liabilities | 10/49 | €32,902 | €56,548 | +€23,646 | +71.9% |
| Equity | 10/15 | €18,814 | €40,241 | +€21,428 | +114% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,800 | €35,200 | +€21,400 | +155% |
| Distributable reserves | 133 | €13,800 | €35,200 | +€21,400 | +155% |
| Profit (loss) carried forward | 14 | €14 | €41 | +€28 | +201% |
| Amounts payable | 17/49 | €14,089 | €16,307 | +€2,218 | +15.7% |
| Amounts payable within one year | 42/48 | €14,089 | €16,307 | +€2,218 | +15.7% |
| Trade debts | 44 | €2,805 | €5,111 | +€2,306 | +82.2% |
| Suppliers | 440/4 | €2,805 | €5,111 | +€2,306 | +82.2% |
| Taxes, remuneration and social security | 45 | €11,284 | €11,196 | -€88 | -0.8% |
| Taxes | 450/3 | €11,284 | €8,080 | -€3,204 | -28.4% |
| Remuneration and social security | 454/9 | - | €3,116 | +€3,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,087 | €1,559 | +€472 | +43.4% |
| Other operating charges | 640/8 | €2,548 | €2,353 | -€195 | -7.7% |
| Non-recurring operating charges | 66A | - | €2,204 | +€2,204 | |
| Gross operating margin | 9900 | €25,644 | €38,110 | +€12,466 | +48.6% |
| Operating profit (loss) | 9901 | €22,008 | €31,994 | +€9,985 | +45.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €64 | €45 | -€19 | -29.1% |
| Recurring financial charges | 65 | €64 | €45 | -€19 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €21,945 | €31,949 | +€10,005 | +45.6% |
| Income taxes | 67/77 | €8,131 | €10,522 | +€2,391 | +29.4% |
| Profit (loss) for the period | 9904 | €13,814 | €21,428 | +€7,614 | +55.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,814 | €21,428 | +€7,614 | +55.1% |
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 28 October 2026 via checked.be.